NOT LISTED FOR SALE

449 E Racine St Jefferson, WI 53549

Estimated Value: $454,258

8 Beds
4 Baths
3,300 Sq Ft
$138/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $385,000 $117 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,023/month

About This Home

As of July 2022

This 6 unit building is an awesome investment opportunity. The property has been well-kept by the owners and the building is ripe for a value-add investor! Rents have plenty of room to grow!

Last Agent to Sell the Property

Brian Lawton

EXIT Realty HGM License #79723-94 Listed on: 05/05/2022

EXIT Realty HGM

Last Buyer's Agent

Kevin DeLap

Fathom Realty, LLC License #60002-90

Fathom Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,529

Year Built

  • Built in 1894

Lot Details

  • 9,148

Home Design

  • Brick Exterior Construction

Basement

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

Parking

  • 12 Open Parking Spaces
  • Outside Parking

Schools

  • Jefferson Elementary And Middle School
  • Jefferson High School

Utilities

  • Radiant Heating System
  • Separate Water Meter

Additional Features

  • 2-Story Property
  • 9,148 Sq Ft Lot

Community Details

  • 6 Units
  • Net Operating Income $26,189

Listing and Financial Details

  • Assessor Parcel Number 241-0614-0244-078

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,529

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Municipality: Jefferson
  • Status Detail: Sold
  • Mailing City: Jefferson
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Items Excluded: Seller and tenants personal property
  • Items Included: 5 stove/ranges, 6 refrigerators, 1 dishwasher
  • Noi Year: 2021
  • Year Built: 1894
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Block foundation
  • Number Dish Washers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 6
  • Number Stoves: 5
  • Number Water Heaters: 6
  • Number Water Softeners: 6

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 12

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside
  • Utilities: Separate water meters

Fee Information

  • Total Expenses: 12711

Schools

  • School District: Jefferson
  • Elementary School: Jefferson
  • Middle School: Jefferson
  • High School: Jefferson
  • Elementary School: Jefferson
  • High School: Jefferson
  • Middle School: Jefferson
  • School District: Jefferson

Lot Info

  • Estimated Aces: 0.21
  • Zoning: MRL-8
  • Geo Subdivision: WI

Rental Info

  • Total Income: 38900

Tax Info

  • Land Assessment: 18000
  • Improvements: 276900
  • Total Assessment: 294900
  • Assessment year: 2021
  • Net Taxes: 6529
  • Tax Year: 2021
  • Assessor Parcel Number: 241-0614-0244-078

Multi Family

  • Number Of2 Bedrooms: 4
  • Number Of3 Bedrooms: 1
  • Number Of Efficiencies: 1
  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 1, 2022
Sold by
Remmington Properties Llc
Bought by
F. Rodriguez Juan
Seller's Agent
Brian Lawton
EXIT Realty HGM
Buyer's Agent
Kevin DeLap
Fathom Realty, LLC
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Current Estimated Value
$454,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,258
Avg. Annual Appreciation
4.13%

Purchase Details

Closed on
Feb 8, 2005
Sold by
Cole Russell D and Piehl Devin
Bought by
Remmington Properties Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
F. Rodriguez Juan $385,000 Fidelity National Title
Remmington Properties Llc $265,000 None Available
Cole Russel D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Remmington Properties Llc $227,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $385,000 -3.5% $117 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $399,000 -- $121 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $7,232 $385,000 $18,000 $367,000
2023 $6,838 $385,000 $18,000 $367,000
2022 $7,545 $364,100 $18,000 $346,100
2021 $6,529 $294,900 $18,000 $276,900
2020 $6,410 $294,900 $18,000 $276,900
2019 $6,613 $294,900 $18,000 $276,900
2018 $6,926 $294,900 $18,000 $276,900
2017 $6,841 $294,900 $18,000 $276,900
2016 $6,851 $294,900 $18,000 $276,900
2015 $6,873 $294,900 $18,000 $276,900
2014 $6,862 $294,900 $18,000 $276,900
2013 $7,124 $294,900 $18,000 $276,900
Source: Public Records

Agents Affiliated with this Home

  • Brian Lawton

    Seller's Agent in 2022

    Brian Lawton

    EXIT Realty HGM

    (262) 200-1252

    2 in this area

    127 Total Sales

    Brian Lawton
    Section Image
  • Kevin DeLap

    Buyer's Agent in 2022

    Kevin DeLap

    Fathom Realty, LLC

    (262) 745-7246

    1 in this area

    47 Total Sales

    Kevin DeLap
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1933567

South Central Wisconsin Multiple Listing Service

APN: 241-0614-0244-078

Wisconsin Jefferson County Jefferson 53549

449 E Racine St, Jefferson, WI

This home is located at 449 E Racine St, Jefferson, WI 53549 since 05 May 2022 and is currently estimated at $454,258, approximately $137 per square foot. This property was built in 1894. 449 E Racine St is a home located in Jefferson County with nearby schools including East Elementary School, Jefferson Middle School, and Jefferson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes