NOT LISTED FOR SALE

314 St Patrick St Unit 314 Racine, WI 53402

The Lower First Ward Neighborhood

Estimated Value: $393,300

8 Beds
4 Baths
4,000 Sq Ft
$98/Sq Ft Est. Value

About This Home

Unique investment opportunity to own 2 multifamily buildings conveniently located next to each other. Building 314 has 4 units and building 312 has an upper and lower unit. Very well maintained by current owner. All units are currently leased. Seller needs to close ASAP! ********

Last Agent to Sell the Property

Greg Erchull

Erchull Real Estate License #58486-90 Listed on: 10/17/2022

Last Buyer's Agent

Katie O'Keefe

Dream Realty LLC License #52463-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,239

Year Built

  • Built in 1915

Lot Details

  • 3,920 Sq Ft Lot

Interior Spaces

  • 4,000 Sq Ft Home
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Assessor Parcel Number 276000004330002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,239

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.09
  • Directions: Corner of St. Patrick St. and N. Main St.
  • Year Built: 1915
  • Special Features: None
  • Stories: 0

Interior Features

  • Has Basement: Full

Lot Info

  • Parcel #: 276000004330002
  • Zoning Description: Commercial
  • Zoning: Commercial

Tax Info

  • Tax Annual Amount: 6239.41
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Ellis Kim
Bought by
Caputo Joshua P
Total Days on Market
53
Current Estimated Value
$393,300

Purchase Details

Listed on
Oct 17, 2022
Closed on
Oct 18, 2022
Sold by
Sam-Racine Llc
Bought by
Ellis Kim
Seller's Agent
Greg Erchull
Erchull Real Estate
Buyer's Agent
Katie O'Keefe
Dream Realty LLC
List Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.93%

Purchase Details

Closed on
Apr 17, 2014
Sold by
Tri City National Bank
Bought by
Sam Racine Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2014
Sold by
Jensen Rentals Llc
Bought by
Tri City National Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Caputo Joshua P $391,400 Alltech National Title
Ellis Kim $480,000 Attorneys Title Guaranty Fund
Sam Racine Llc $120,000 Title Services Of Southeast
Tri City National Bank $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sam Racine Llc $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2023 01/15/23 Off Market $475,000 -- --
10/17/2022 10/17/22 For Sale $475,000 0.0% $119 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/07/2022 10/07/22 Price Changed $475,000 -1.0% $119 / Sq Ft
09/19/2022 09/19/22 Price Changed $480,000 -4.0% $120 / Sq Ft
09/07/2022 09/07/22 Price Changed $500,000 -7.4% $125 / Sq Ft
08/22/2022 08/22/22 For Sale $540,000 -- $135 / Sq Ft
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,407 $270,000 $13,600 $256,400
2023 $6,402 $235,000 $13,600 $221,400
2022 $5,589 $205,000 $13,600 $191,400
2021 $6,239 $205,000 $13,600 $191,400
2020 $6,105 $205,000 $13,600 $191,400
2019 $5,643 $190,000 $13,600 $176,400
2018 $5,231 $165,000 $13,600 $151,400
2017 $5,177 $165,000 $13,600 $151,400
2016 $5,099 $159,000 $13,600 $145,400
2015 $7,327 $159,000 $13,600 $145,400
2014 $7,327 $159,000 $13,600 $145,400
2013 $7,327 $180,000 $15,300 $164,700
Source: Public Records

Agents Affiliated with this Home

  • Greg Erchull

    Seller's Agent in 2022

    Greg Erchull

    Erchull Real Estate

    (414) 788-2000

    1 in this area

    39 Total Sales

    Greg Erchull
    Section Image
  • Katie O'Keefe

    Buyer's Agent in 2022

    Katie O'Keefe

    Dream Realty LLC

    (414) 731-5878

    3 in this area

    114 Total Sales

    Katie O'Keefe
    Section Image

  • D

    Buyer Co-Listing Agent in 2022

    Deb MacKenzie

    Berkshire Hathaway HomeServices True Realty

    (608) 695-8375

    1 in this area

    38 Total Sales

    Deb MacKenzie
    Section Image
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Map

Source: Metro MLS

MLS Number: 1808128

Metro MLS

APN: 276-000004330002

Wisconsin Racine County Racine 53402 The Lower First Ward

314 St Patrick St Unit 314, Racine, WI

This home is located at 314 St Patrick St Unit 314, Racine, WI 53402 since 17 October 2022 and is currently estimated at $393,300, approximately $98 per square foot. This property was built in 1915. 314 St Patrick St Unit 314 is a home located in Racine County with nearby schools including Janes Elementary School, Jerstad-Agerholm Middle School, and Horlick High School.

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