$393,000
SOLD APR 18, 2025
-- Bed
-- Bath
4,104 Sq Ft
0.33 Acres

Recently Sold

$96 Per Sq Ft

2% Below List Price

12 Days on Market

About This Home

As of April 2025

This is a wonderful opportunity for all investors. This all-brick, 4-unit building is located on a dead-end -street. The building has 4 apartments, featuring 2 bedrooms, a living room, a kitchen, a dining area, and a full bathroom. There is a full basement set up for storage and 2 coined washers and dyers for laundry. Off-street parking is also available. All units have their meter, renters pay their utilities.

Last Agent to Sell the Property

Richard Fandry Jr

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #71100-94 Listed on: 02/01/2025

Shorewest Realtors, Inc.

Last Buyer's Agent

Garrin Horwitz

Hyperion Realty License #59562-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,786

Lot Details

  • 0.33 Acre Lot

Home Design

  • 4,104 Sq Ft Home
  • Brick Exterior Construction

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Listing and Financial Details

  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water, electric/public
  • Assessor Parcel Number 13692014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,786

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.33
  • Directions: South on Meachem from Durand Ave. to Taylor Ave., east to Daisy Ln. and north to property at 3301 Daisy Lane.
  • Attribution Contact: PropertyInfo@shorewest.com
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water, Electric/Public
  • Has Basement: Laundry Facilities, Block, Full
  • Basement YN: Yes

Exterior Features

  • Construction Type: Partial-Aluminum, Partial-Wood, Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Near Public Transit, Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Racine Unified

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Parcel #: 13692014

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2025
Closed on
Apr 17, 2025
Sold by
Salentine Property Management Llc
Bought by
Pandora Properties Llc
Seller's Agent
Richard Fandry Jr
Shorewest Realtors, Inc.
Buyer's Agent
Garrin Horwitz
Hyperion Realty
List Price
$399,900
Sold Price
$393,000
Premium/Discount to List
-$6,900
-1.73%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.21%
Original Mortgage
$1,587,720
Outstanding Balance
$1,586,326
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$1,193,151

Purchase Details

Closed on
Sep 9, 2021
Sold by
Olmstead David J and Olmstead Brenda S
Bought by
Salentine Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,660,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2016
Sold by
Salentine Property Management Llc
Bought by
Olmstead David J and Olmstead Brenda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
3.93%
Mortgage Type
Land Contract Argmt. Of Sale
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 Type Sale Price Title Company
Warranty Deed $393,000 Heritage Title
Warranty Deed -- None Available
Land Contract $170,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,587,720 New Conventional
Previous Owner $1,660,000 Commercial
Previous Owner $200,000 Credit Line Revolving
Previous Owner $161,500 Land Contract Argmt. Of Sale
Previous Owner $62,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Sold $393,000 -1.7% $96 / Sq Ft
02/01/2025 02/01/25 For Sale $399,900 -- $97 / 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 $6,786 $262,000 $40,300 $221,700
2023 $6,228 $228,000 $40,300 $187,700
2022 $5,413 $198,000 $40,300 $157,700
2021 $5,901 $193,000 $40,300 $152,700
2020 $5,774 $193,000 $40,300 $152,700
2019 $5,368 $180,000 $40,300 $139,700
2018 $5,135 $168,000 $40,300 $127,700
2017 $5,421 $168,000 $40,300 $127,700
2016 $5,149 $159,000 $40,300 $118,700
2015 $4,945 $159,000 $40,300 $118,700
2014 $4,945 $159,000 $40,300 $118,700
2013 $4,945 $159,000 $40,300 $118,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1905165

Metro MLS

APN: 276-000013692014