NOT LISTED FOR SALE

Estimated Value: $65,000 - $172,000

5 Beds
2 Baths
1,200 Sq Ft
$103/Sq Ft Est. Value

Last Sold September 26, 2024

Last sale price $53,200 $44 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $908/month

24 Days on Market

About This Home

As of September 2024

This historic duplex, built in 1870 and located in the heart of Racine, WI, offers a unique investment opportunity. With approximately 1200 sq ft, the property includes two units, each with 2 bedrooms and 1 bathroom. While it is going to need extensive renovations, it boasts significant potential. Perfect for rental income or owner-occupancy, you can live in one unit and rent the other. Situated near local amenities and Lake Michigan, this property is ideal for those looking to restore a piece of Racine's history. Part of Fannie Mae's First Look Program through 09/13/2024

Last Agent to Sell the Property

John O'Laughlin

KW Lake + Luxury License #57207-90 Listed on: 08/15/2024

KW Lake + Luxury

Last Buyer's Agent

Patrick Vandenberg

SynerG Realty LLC License #77104-94

Property Details

Property Type

  • Other

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 04404000

Property Details

Property Type

Other

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.14
  • Directions: N. Main St to St Patrick, West to property.
  • Property Information:Est Total Sq Ft: 1200
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Full
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Garage Type: None

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Racine Unified

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: 04404000

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 2412.03
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Sep 18, 2024
Sold by
Federal National Mortgage Association and Fannie Mae
Bought by
Castilleja Marco Antonio
Seller's Agent
John O'Laughlin
KW Lake + Luxury
Buyer's Agent
Patrick Vandenberg
SynerG Realty LLC
List Price
$57,900
Sold Price
$53,200
Premium/Discount to List
-$4,700
-8.12%
Views
96
Current Estimated Value
$123,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,240
Avg. Annual Appreciation
75.27%

Purchase Details

Closed on
Jan 17, 2023
Sold by
Green Tree Servicing Llc
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Castilleja Marco Antonio $54,000 None Listed On Document
Castilleja Marco Antonio $54,000 None Listed On Document
Federal National Mortgage Association -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2024 09/26/24 Sold $53,200 -8.1% $44 / Sq Ft
08/13/2024 08/13/24 For Sale $57,900 -- $48 / Sq Ft
Source: Metro MLS

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
2025 $2,982 $117,000 $21,600 $95,400
2024 $2,722 $106,800 $21,600 $85,200
2023 $4,295 $97,000 $21,600 $75,400
2022 $4,759 $87,000 $21,600 $65,400
2021 $3,511 $79,000 $21,600 $57,400
2020 $4,267 $79,000 $21,600 $57,400
2019 $3,216 $72,000 $21,600 $50,400
2018 $2,664 $67,000 $21,600 $45,400
2017 $2,791 $67,000 $21,600 $45,400
2016 $2,767 $67,000 $21,600 $45,400
2015 $3,180 $67,000 $21,600 $45,400
2014 $3,180 $67,000 $21,600 $45,400
2013 $3,180 $72,000 $25,100 $46,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1887812

Metro MLS

APN: 276-000004404000

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