NOT LISTED FOR SALE

5525 State Road 31 Racine, WI 53402

Estimated Value: $833,000 - $887,000

3 Beds
3 Baths
2,344 Sq Ft
$366/Sq Ft Est. Value

About This Home

This home is located at 5525 State Road 31, Racine, WI 53402 and is currently estimated at $859,010, approximately $366 per square foot. 5525 State Road 31 is a home located in Racine County with nearby schools including Gifford Elementary School, Horlick High School, and St. Rita Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2025
Sold by
Hernandez Robert and Hernandez Karen J
Bought by
Nelson Jordan W and Nelson Hailey E
Current Estimated Value
$859,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Outstanding Balance
$703,390
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$155,620

Purchase Details

Closed on
Jun 26, 2015
Sold by
Miller Michelle M
Bought by
Hernandez Robert and Hernandez Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
1.9%
Mortgage Type
Adjustable Rate Mortgage/ARM
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.

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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.

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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.

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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.

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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
Nelson Jordan W $880,000 Frontier Title & Closing Servi
Hernandez Robert $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Jordan W $704,000
Previous Owner Hernandez Robert $225,000
Source: Public Records

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 $8,943 $586,100 $113,900 $472,200
2023 $8,757 $538,900 $113,900 $425,000
2022 $7,528 $483,500 $113,900 $369,600
2021 $7,240 $422,000 $113,900 $308,100
2020 $7,503 $380,400 $100,100 $280,300
2019 $7,012 $380,400 $100,100 $280,300
2018 $7,254 $351,600 $100,100 $251,500
2017 $7,191 $351,600 $100,100 $251,500
2016 $7,082 $360,800 $100,100 $260,700
2015 $7,257 $360,800 $100,100 $260,700
2014 $6,957 $360,800 $100,100 $260,700
2013 $7,485 $360,800 $100,100 $260,700
Source: Public Records

Map

Wisconsin Racine County Racine 53402

5525 State Road 31, Racine, WI

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