NOT LISTED FOR SALE

5721 Richwood Ln Racine, WI 53402

Estimated Value: $462,517 - $525,000

3 Beds
2 Baths
1,800 Sq Ft
$275/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $389,900 $217 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,179/month

Highlights

  • New Construction
  • Walk-In Closet
  • En-Suite Primary Bedroom
  • 3 Car Attached Garage
  • Bathtub with Shower
  • 1-Story Property

About This Home

As of December 2021

Beautiful, contemporary ranch, (new home construction) in Ravine Bay Estates in Caledonia! The Rebecca ranch home is a split-bedroom home that features two bedrooms and a bath at the front of the home and a large master suite in the back. Immediately upon entry you will feel the openness of the expansive great room with box ceiling, kitchen with large island and snack bar, corner pantry and dinette with vaulted ceiling. The master suite features a huge walk-in closet, as well as a master bath with a tall vanity. Kohler Sterling plumbing fixtures and quartz countertops throughout home.

Last Agent to Sell the Property

Kimberly Hood

RE/MAX Newport License #82944-94 Listed on: 11/22/2021

RE/MAX Newport

Last Buyer's Agent

Kimberly Hood

RE/MAX Newport License #82944-94 Listed on: 11/22/2021

RE/MAX Newport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $707

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 10,019

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Low Emissivity Windows

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Primary Bathroom includes a Walk-In Shower
  • Walk-in Shower

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Stubbed For A Bathroom

Schools

  • O Brown Elementary School
  • Jerstad-Agerholm Middle School
  • Horlick High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Additional Features

  • Current financing on the property includes Property-Assessed Clean Energy
  • 10,019 Sq Ft Lot

Community Details

  • Ravine Bay Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$707

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Single-Family
  • Directions: 4 Mile Rd. East to Erie St., north on Erie St. to Kentwood, left on Kentwood, right on Richwood and right on Horner Dr.
  • New Construction: Yes
  • Year Built: 2021
  • Cleared Acreage: Less than 1/2
  • Architecture: Contemporary, Ranch
  • EnvironmentallyFriendly: Energy Assessment Available, Low E Windows
  • Full Street Address: 5721 Richwood Ln
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.23
  • Municipality Type: Village
  • Lot Description Waterfront: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Has Basement: 8'+ Ceiling, Full, Poured Concrete, Sump Pump
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, Cathedral/vaulted ceiling, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Stubbed For Bathroom on Lower, Tub Only, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Over Tub, Shower Stall
  • Room Bedroom2 Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 14
  • Second Floor Total Sq Ft: 1800.00

Exterior Features

  • Exterior Building Type: 1 Story
  • Exterior: Stone, Brick/Stone, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Attached, 3 Car
  • Garage Spaces: 3.0

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown

Schools

  • Elementary School: O Brown
  • High School: Horlick
  • Junior High Dist: Racine

Lot Info

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

Tax Info

  • Tax Year: 2020
  • Total Taxes: 706.51

MLS Schools

  • Middle School: Jerstad-Agerholm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2021
Closed on
Dec 29, 2021
Sold by
Newbrook Homes Inc
Bought by
Traxel Michelle A
Seller's Agent
Kimberly Hood
RE/MAX Newport
Buyer's Agent
Kimberly Hood
RE/MAX Newport
List Price
$389,900
Sold Price
$389,900
Current Estimated Value
$495,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,729
Avg. Annual Appreciation
6.47%
Original Mortgage
$149,900
Outstanding Balance
$138,152
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$357,477

Purchase Details

Closed on
Oct 30, 2020
Sold by
Tng 9 Llc
Bought by
Newbrook Homes Inc

Purchase Details

Closed on
Nov 28, 2017
Sold by
Hornik Robert and Hornik Seymour
Bought by
Tng 9 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2015
Sold by
Hornik Seymour and Hornik Betty
Bought by
Seymour And Betty Hornik Revocable Trust

Purchase Details

Closed on
Nov 10, 2010
Sold by
Hornik Seymour
Bought by
Hornik Seymour and Hornik Betty
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
Traxel Michelle A $389,900 None Listed On Document
Newbrook Homes Inc $147,700 None Available
Tng 9 Llc $976,000 None Available
Seymour And Betty Hornik Revocable Trust -- None Available
Hornik Seymour -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Traxel Michelle A $149,900
Previous Owner Tng 9 Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2021 12/29/21 Sold $389,900 0.0% $217 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $389,900 -- $217 / Sq Ft
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 $6,865 $435,900 $38,500 $397,400
2023 $6,843 $405,600 $38,500 $367,100
2022 $6,002 $371,900 $38,500 $333,400
2021 $733 $38,500 $38,500 $0
2020 $707 $35,000 $35,000 $0
2019 $664 $35,000 $35,000 $0
2018 $740 $35,000 $35,000 $0
2017 $729 $35,000 $35,000 $0
2016 $719 $39,100 $39,100 $0
2015 $806 $39,100 $39,100 $0
2014 $772 $39,100 $39,100 $0
2013 $816 $39,100 $39,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Hood

    Seller's Agent in 2021

    Kimberly Hood

    RE/MAX

    (262) 770-2672

    86 in this area

    184 Total Sales

    Kimberly Hood
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Map

Source: Metro MLS

MLS Number: 1772706

Metro MLS

APN: 104-042321466505

Wisconsin Racine County Racine 53402

5721 Richwood Ln, Racine, WI

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