NOT LISTED FOR SALE

3621 5 Mile Rd Unit 3621 Racine, WI 53402

Estimated Value: $721,872

-- Bed
-- Bath
-- Sq Ft
0.64 Acres

About This Home

INVESTORS TAKE NOTICE - incredible opportunity to own a custom-designed, modern-build 4-family. Excellent addition to your portfolio or owner-occupy - property lives like a home. Unit A owner occupied. Other units under market value. Unit B just rented for $1,200/month. See MLS docs for full details. Each unit has attached 1-car garage, private laundry, deck (unit A), patio (unit B-C), and balcony (unit D) overlooking the park-like property. Units A-B-C have private full basements. Unit A has a partially finished basement. Quiet location, but near all amenities within a 5-minute drive: Starbucks, iconic O&H Bakery, Pick-N-Save, Milaeger's, Mocha Lisa coffeehouse, Sebastian's Fine Dining and the Soup Shanty right next door. Long-term tenants and waiting list make this an easy decision. ********

Nada Stojadinovic

Keller Williams Realty-Lake Country License #92778-94 Listed on: 06/24/2022

Keller Williams Realty-Lake Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,160

Year Built

  • Built in 2001

Lot Details

  • 0.64 Acre Lot

Home Design

  • Poured Concrete

Basement

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

Listing and Financial Details

  • Assessor Parcel Number 104042318300255

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,160

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.64
  • Directions: Just west of Hwy 32 (Douglas Ave.) and 5 Mile Rd., next to the Soup Shanty.
  • Year Built: 2001
  • Special Features: None
  • Stories: 0

Interior Features

  • Has Basement: Full, Poured Concrete, Laundry Facilities

Lot Info

  • Parcel #: 104042318300255
  • Zoning Description: RES
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 9160
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 18, 2022
Sold by
Dijana Comeau
Bought by
The Lakes Of Racine Llc
Buyer's Agent
Nada Stojadinovic
Keller Williams Realty-Lake Country
List Price
$659,000
Total Days on Market
0
Current Estimated Value
$721,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%

Purchase Details

Closed on
Dec 15, 2017
Sold by
Kowalik Mary
Bought by
Comeau Dijana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,675
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
The Lakes Of Racine Llc $640,000 Focus Title Hartland 2161844
Comeau Dijana $476,900 Landmark Title Of Racine
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Comeau Dijana $357,675
Previous Owner Comeau Dijana $357,675
Previous Owner Kowalik Mary $182,500
Previous Owner Kowalik Mary $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2022 10/10/22 Off Market $659,000 -- --
06/24/2022 06/24/22 For Sale $659,000 -- --
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 $10,815 $651,100 $63,000 $588,100
2023 $10,933 $615,700 $63,000 $552,700
2022 $4,310 $555,600 $63,000 $492,600
2021 $9,159 $524,300 $63,000 $461,300
2020 $9,715 $489,100 $60,000 $429,100
2019 $9,117 $489,100 $60,000 $429,100
2018 $8,954 $437,800 $60,000 $377,800
2017 $8,862 $437,800 $60,000 $377,800
2016 $8,731 $412,400 $60,000 $352,400
2015 $8,321 $412,400 $60,000 $352,400
2014 $8,082 $412,400 $60,000 $352,400
2013 $8,538 $412,400 $60,000 $352,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1799506

Metro MLS

APN: 104-042318300255