NOT LISTED FOR SALE

Estimated Value: $389,000 - $493,000

-- Bed
-- Bath
1,200 Sq Ft
$372/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $450,000 $375 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,572/month

109 Days on Market

About This Home

As of September 2024

Serious investors will want to inquire. This newly constructed Side by Side Townhouse is spec'd to be completed by early July. Great rents to be projected. Walk into an open concept Living room - kitchen with quartz countertops through out the homes A half bath on the main floor. Upstairs will have three beds and a full bath. Both will have their own FULL Basement. No garages to maintain. Landscaping and sidewalks will be completed before closing.

Last Agent to Sell the Property

Virginia Herek

RE/MAX Newport Brokerage Email: office@newportelite.com License #82418-94 Listed on: 05/04/2024

RE/MAX Newport

Last Buyer's Agent

Natalie Masse

Movoto, Inc. License #58192-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $935

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 9,583

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Basement Fills Entire Space Under The House

Additional Features

  • 9,583 Sq Ft Lot
  • Individual Gas Meter

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$935

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: Yes
  • Year Built: 2024
  • Cleared Acreage: Less than 1/2
  • Architecture: Townhouse
  • Full Street Address: 5200 Biscayne AVENUE
  • Lot Acreage: 0.22
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Poured Concrete
  • Second Floor Total Sq Ft: 1200.00

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 1 Electric Meter, 2 Electric Meters, 1 Gas Meter, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

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: 935.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Sep 30, 2024
Sold by
Celeste Builders & Roofing Inc
Bought by
Famous Lynette
Seller's Agent
Virginia Herek
RE/MAX Newport
Buyer's Agent
Natalie Masse
Movoto, Inc.
List Price
$500,000
Sold Price
$450,000
Premium/Discount to List
-$50,000
-10%
Total Days on Market
109
Views
97
Current Estimated Value
$445,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,083
Avg. Annual Appreciation
-1.33%
Original Mortgage
$441,849
Outstanding Balance
$439,415
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$6,502

Purchase Details

Closed on
Jul 15, 2022
Sold by
Chance Celeste
Bought by
Celeste Builders & Roofing Inc

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 15, 2021
Sold by
Miller Laurence J and Miller Cynthia M
Bought by
Ahmad Farid
Seller's Agent
Michael Klug
RE/MAX Newport
Buyer's Agent
Nemah Abdel-Fattah
1st Class Real Estate Impact
List Price
$21,000
Sold Price
$21,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.91%

Purchase Details

Closed on
Jan 17, 2006
Sold by
Belongia Hervat Properties Llc
Bought by
Miller Laurence J and Miller Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,600
Interest Rate
6.37%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 13, 2005
Sold by
Wadlington Bonnie G and Wadlington Bennie
Bought by
Belongia Hervat Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,800
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Famous Lynette $450,000 Landmark Title
Celeste Builders & Roofing Inc -- Landmark Title
Ahmad Farid $21,000 None Available
Miller Laurence J $44,500 --
Belongia Hervat Properties Llc $24,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Famous Lynette $441,849
Previous Owner Miller Laurence J $35,600
Previous Owner Belongia Hervat Properties Llc $24,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $450,000 -8.2% $375 / Sq Ft
06/14/2024 06/14/24 Price Changed $490,000 -2.0% $408 / Sq Ft
05/04/2024 05/04/24 For Sale $500,000 +2281.0% $417 / Sq Ft
07/16/2021 07/16/21 Sold $21,000 0.0% --
07/01/2021 07/01/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $21,000 -- --
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 $976 $29,900 $29,900 $0
2023 $935 $29,900 $29,900 $0
2022 $1,034 $29,900 $29,900 $0
2021 $919 $29,900 $29,900 $0
2020 $1,305 $29,900 $29,900 $0
2019 $1,198 $29,900 $29,900 $0
2018 $1,260 $29,900 $29,900 $0
2017 $1,165 $29,900 $29,900 $0
2016 $975 $29,900 $29,900 $0
2015 $1,158 $29,900 $29,900 $0
2014 $1,158 $29,900 $29,900 $0
2013 $1,158 $37,600 $37,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1874015

Metro MLS

APN: 276-000024616000