$70,000
SOLD OCT 18, 2024

516 11th St Racine, WI 53403

School Section-Towerview Neighborhood
-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Recently Sold

19% Below List Price

26 Days on Market

About This Home

As of October 2024

2 buildings for the price of one on the same lot totaling 4 Units! Property addressed one building 1047 Villa / 522 11th St and the other 516 11th . Each apartment has 2 bedrooms, separate utilities and both buildings have full basements.Property being sold in AS IS condition, no surveys nor disclosures, taxes prorated Buyer is purchasing subject to Building Code Violations.

Last Agent to Sell the Property

Michael Olszewski

Area Wide Realty License #51972-90 Listed on: 08/01/2024

Last Buyer's Agent

Michael Olszewski

Area Wide Realty License #51972-90 Listed on: 08/01/2024

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1886

Home Design

  • Vinyl Siding

Interior Spaces

  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Additional Features

  • 3,049 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Apartment

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: State St to Memorial Dr, West on 6th St, exit onto Seventh St, Right on Grand Ave, left on 11th St to property
  • New Construction: No
  • Year Built: 1886
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 516 11th STREET
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.07
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full

Exterior Features

  • Exterior Building Type: Apartment Building
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: 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: R3
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 9076.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Oct 2, 2024
Sold by
Jpmorgan Chase Bank National Association
Bought by
City Of Racine
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Michael Olszewski
Area Wide Realty
List Price
$85,900
Sold Price
$70,000
Premium/Discount to List
-$15,900
-18.51%
Views
44
Current Estimated Value
$175,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,251
Avg. Annual Appreciation
92.01%

Purchase Details

Closed on
Mar 28, 2024
Sold by
Egerson Nicole
Bought by
Jpmorgan Chase Bank National Associatio
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
Special Warranty Deed $70,000 Landmark Title
Special Warranty Deed $70,000 Landmark Title
Deed $100,320 Gray & Associates, Llp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $117,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $70,000 -18.5% --
08/27/2024 08/27/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $85,900 -- --
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 $3,900 $153,000 $9,600 $143,400
2023 $9,077 $140,000 $9,600 $130,400
2022 $7,183 $140,000 $9,600 $130,400
2021 $7,480 $122,000 $9,600 $112,400
2020 $8,336 $122,000 $9,600 $112,400
2019 $7,302 $118,000 $9,600 $108,400
2018 $9,855 $108,000 $9,600 $98,400
2017 $7,435 $108,000 $9,600 $98,400
2016 $6,672 $103,000 $9,600 $93,400
2015 $6,668 $103,000 $9,600 $93,400
2014 $6,668 $103,000 $9,600 $93,400
2013 $6,668 $108,000 $11,200 $96,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Michael Olszewski

    Area Wide Realty

    (262) 342-3333

    2 in this area

    104 Total Sales

    Michael Olszewski
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Map

Source: Metro MLS

MLS Number: 1886014

Metro MLS

APN: 276-000001032000

Wisconsin Racine County Racine 53403 School Section-Towerview

516 11th St, Racine, WI

This home is located at 516 11th St, Racine, WI 53403 and is currently priced at $70,000. This property was built in 1886. 516 11th St is a home located in Racine County with nearby schools including Johnson Elementary School, Mitchell Middle School, and Case 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.

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IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

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