NOT LISTED FOR SALE

3914 Colorado Ct Racine, WI 53404

Estimated Value: $363,807

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold July 01, 2022

Last sale price $300,000

Est. 21% increase in value since last sale

Current estimated payment $2,357/month

About This Home

As of July 2022

Great investment opportunity ? own this brick 4 family. Each unit has 2 bedrooms and 1 bath. Nice kitchens with refrigerator and stove. Hardwood floors or laminate flooring through out living room, dining room, hallway and bedrooms (some bedrooms have carpeting). Dining area has a built in China cabinet. There are locked storage units for each tenant in basement. Laundry hook-ups but tenants must provide their own washer/dryer. Each unit is assigned outside parking spots. Seller currently pays for water/sewer and electric in shared common areas such as hallways.

Last Agent to Sell the Property

Lisa Heinzelmann

Shorewest Realtors, Inc. License #83513-94 Listed on: 05/17/2022

Shorewest Realtors, Inc.

Last Buyer's Agent

Johnny Lanser

Brew City Realtors License #89217-94

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,963

Year Built

  • Built in 1970

Lot Details

  • 8,712

Home Design

  • Brick Exterior Construction

Basement

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

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Multi-Level Property
  • 8,712 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Tools/equipment owned by property management.

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,963

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: N. Green bay Rd. to 3 Mile Rd., east to Western Way and south to Santa Fe Trail, west to Colorado Ct. and property at 3914 Colorado Court.
  • New Construction: No
  • Year Built: 1970
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3914 Colorado Ct
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.2
  • Municipality Type: Village
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exclusions: Tools/equipment owned by property management.
  • 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

  • School District: Racine
  • Junior High Dist: Racine

Lot Info

  • Zoning: R7
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 3963.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2023
Sold by
Malabanan Properties Llc
Bought by
Carreno Elsa and Santiago Isauro
Total Days on Market
0
Current Estimated Value
$363,807

Purchase Details

Listed on
May 17, 2022
Closed on
Jun 28, 2022
Sold by
Bosworth Capital Llc
Bought by
Malabanan Properties Llc
Seller's Agent
Lisa Heinzelmann
Shorewest Realtors, Inc.
Buyer's Agent
Johnny Lanser
Brew City Realtors
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$504,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2020
Sold by
Kretch Michael A
Bought by
Bosworth Capital Llc

Purchase Details

Closed on
Aug 10, 2018
Sold by
Cukic Aleksandar and Cukic Aleks
Bought by
Kretch Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2014
Sold by
Cukic Aleksandar and Cukic Vojislav
Bought by
Cukic Aleksandar and Cukic Aleks
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
Carreno Elsa $350,000 None Listed On Document
Malabanan Properties Llc $630,000 --
Bosworth Capital Llc -- None Available
Kretch Michael A $200,000 None Available
Cukic Aleksandar -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malabanan Properties Llc $504,000
Previous Owner Kretch Michael A $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $300,000 0.0% --
05/17/2022 05/17/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $300,000 -- --
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 $5,127 $281,200 $44,100 $237,100
2023 $5,218 $269,200 $44,100 $225,100
2022 $4,657 $246,500 $44,100 $202,400
2021 $4,770 $232,600 $44,100 $188,500
2020 $5,014 $217,600 $42,000 $175,600
2019 $4,728 $217,600 $42,000 $175,600
2018 $6,298 $272,300 $42,000 $230,300
2017 $6,209 $272,300 $42,000 $230,300
2016 $6,125 $257,600 $42,000 $215,600
2015 $5,242 $257,600 $42,000 $215,600
2014 $5,025 $257,600 $42,000 $215,600
2013 $5,493 $257,600 $42,000 $215,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1792747

Metro MLS

APN: 104-042332027000