NOT LISTED FOR SALE

3911 Erie St Racine, WI 53402

North Bay-Shorecrest Neighborhood
8 Beds
4 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold April 30, 2018

Last sale price $198,900

5 Days on Market

Highlights

  • Enclosed Parking
  • Forced Air Heating System
  • 3-minute walk to Community Garden - Ruby Ave

About This Home

As of April 2018

Great 4-family investment opportunity that will cashflow nicely for you. All units are 2BR 1 BA and have separate utilities. All units have been updated in the recent past including windows and water heaters. Newly built storage cages. Maintenance free exterior. Conveniently located near shopping and restaurants. 3917 Erie St also for sale.

Last Agent to Sell the Property

Andrew Bollmeier

First Weber Inc- Racine License #77244-94 Listed on: 03/24/2018

Last Buyer's Agent

Tracy Young

RE/MAX Premier Properties

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,790

Year Built

  • Built in 1958

Lot Details

  • 7,841

Home Design

  • Brick Exterior Construction
  • Composition Roof

Basement

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

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Multi-Level Property
  • 7,841 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Seller and tenants personal property.
  • Seller Concessions Not Offered

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,790

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 4 Refrigerators, 4 Stoves, Washer. Dryer
  • Directions: 3 Mile to Erie South to Property
  • New Construction: No
  • Year Built: 1958
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3911 Erie STREET
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.18
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
  • Has Basement: Block, Full, Laundry Facilities

Exterior Features

  • Exclusions: Seller and tenants personal property.
  • Exterior Building Type: Apartment Building
  • Exterior: Brick/Stone, Brick

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • Junior High Dist: Racine

Lot Info

  • Zoning: R4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2017
  • Total Taxes: 4790.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2022
Sold by
Joseph Schweitzer
Bought by
3911 Erie Llc

Purchase Details

Listed on
Mar 24, 2018
Closed on
Apr 30, 2018
Sold by
Speer Edward
Bought by
Schweitzer Joseph
Seller's Agent
Andrew Bollmeier
First Weber Inc- Racine
Buyer's Agent
Tracy Young
RE/MAX Premier Properties
List Price
$198,900
Sold Price
$198,900

Purchase Details

Listed on
Jun 28, 2016
Closed on
Nov 14, 2016
Sold by
Spectrum Real Estate Llc
Bought by
Speer Edward
Seller's Agent
Brian Paul
RE/MAX Realty Pros~Milwaukee
Buyer's Agent
Andrew Bollmeier
First Weber Inc- Racine
List Price
$168,000
Sold Price
$168,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.26%
Original Mortgage
$126,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 2014
Sold by
Griffith David W and Griffith Dana L
Bought by
Spectrum Real Estate Llc

Purchase Details

Closed on
Aug 1, 2014
Sold by
Horizon Capital Investments Llc
Bought by
Griffith David W and Griffith Danda L

Purchase Details

Closed on
Nov 4, 2013
Sold by
Onnink Paul and David A Onnimk Family Trust
Bought by
Horizon Capital Investments Llc

Purchase Details

Closed on
Feb 6, 2008
Sold by
Onnink David A
Bought by
Onnink David A Fam Trust

Purchase Details

Closed on
Feb 3, 2006
Sold by
Onnink Paul A
Bought by
Onnink David A

Purchase Details

Closed on
Aug 22, 1986
Sold by
Onnink Paul A
Bought by
Onnink David A
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
3911 Erie Llc -- Heritage Title
3917 Erie Llc -- Heritage Title
Schweitzer Joseph $398,500 Landmark Title Of Racine
Speer Edward $168,000 Land Title Services Inc
Spectrum Real Estate Llc -- None Available
Griffith David W -- Us Title And Closing Service
Horizon Capital Investments Llc $125,000 None Available
Onnink David A Fam Trust $209,400 --
Onnink David A $92,500 --
Onnink David A $38,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Speer Edward $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2018 04/30/18 Sold $198,900 0.0% --
03/29/2018 03/29/18 Pending -- -- --
03/24/2018 03/24/18 For Sale $198,900 +18.4% --
11/14/2016 11/14/16 Sold $168,000 0.0% -- View Prior Sale
07/13/2016 07/13/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $168,000 -- --
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 $6,857 $265,000 $22,400 $242,600
2023 $6,278 $230,000 $22,400 $207,600
2022 $5,463 $200,000 $22,400 $177,600
2021 $6,098 $200,000 $22,400 $177,600
2020 $5,967 $200,000 $22,400 $177,600
2019 $5,808 $196,000 $22,400 $173,600
2018 $5,252 $164,000 $22,400 $141,600
2017 $5,197 $164,000 $22,400 $141,600
2016 $5,301 $164,000 $22,400 $141,600
2015 $5,090 $164,000 $22,400 $141,600
2014 $5,090 $164,000 $22,400 $141,600
2013 $5,090 $164,000 $25,200 $138,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Andrew Bollmeier

    First Weber Inc- Racine

  • T

    Buyer's Agent in 2018

    Tracy Young

    RE/MAX Premier Properties

  • B

    Seller's Agent in 2016

    Brian Paul

    RE/MAX

See All Agents

Map

Source: Metro MLS

MLS Number: 1572829

Metro MLS

APN: 276-000004734004

Wisconsin Racine County Racine 53402 North Bay-Shorecrest

3911 Erie St, Racine, WI

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