NOT LISTED FOR SALE

314 St Patrick St Unit 314 Racine, WI 53402

The Lower First Ward Neighborhood

Estimated Value: $447,901

8 Beds
4 Baths
4,000 Sq Ft
$112/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

3,920 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Bought by
Current Estimated Value
$447,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,830
Outstanding Balance
$361,880
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$86,021

Purchase Details

Closed on
Feb 13, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,830
Outstanding Balance
$361,880
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$86,021

Purchase Details

Listed on
Oct 17, 2022
Closed on
Oct 18, 2022
Sold by
Bought by
Seller's Agent
Greg Erchull
Erchull Real Estate
Buyer's Agent
Katie O'Keefe
Dream Realty LLC
List Price
$475,000
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.54%

Purchase Details

Closed on
Apr 17, 2014
Sold by
Bought by

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
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$391,400 Alltech National Title
$391,400 Prism Title
$480,000 Attorneys Title Guaranty Fund
$120,000 Title Services Of Southeast
$65,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $371,830
Previous Owner $157,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,656 $297,000 $13,600 $283,400
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

    37 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

    120 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

    40 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

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