NOT LISTED FOR SALE

6401 Blue River Way Racine, WI 53402

Estimated Value: $513,000 - $763,000

0.46 Acre
$1,407,180 Price per Acre
20,038 Sq Ft Lot

Last Sold May 12, 2021

Last sale price $95,000

Est. 581% increase in value since last sale

Current estimated payment $4,502/month

112 Days on Market

About This Lot

As of May 2021

Lot 53. One of the last lots remaining in this beautiful newer subdivision. Great location for commuters to Milwaukee Co. Municipal water and sewer. Utilities at lot line. Build your dream home this coming year with the builder of your choice!

Last Agent to Sell the Property

Lynn Tower

RE/MAX Newport License #44843-94 Listed on: 11/23/2020

RE/MAX Newport

Last Buyer's Agent

Lynn Tower

RE/MAX Newport License #44843-94 Listed on: 11/23/2020

RE/MAX Newport

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $696

Lot Details

  • 0.46 Acre Lot
  • Lot Has A Rolling Slope
  • Finished Lot(s)

HOA Fees

  • $21 Monthly HOA Fees

Schools

  • Gifford Elementary School
  • Gilmore Middle School
  • Case High School

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Blue River Preserve Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$696

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Prop. Type: Vacant Land
  • Directions: Hwy 38 to 4 Mile Rd. east on 4 Mile to Belmar Ave. south on Belmar to Blue River Way, east on Blue River Way.
  • New Construction: No
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 6401 Blue River Way
  • HOAFeeYearly: 250.0
  • Lot Acreage: 0.46
  • Municipality Type: Village
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Cable, Natural Gas, Telephone, Underground Electric
  • Water Waste: Municipal Water, Municipal Sewer, Municipal Water Required

Schools

  • School District: Racine
  • Elementary School: Gifford
  • Middle School: Gilmore
  • High School: Case
  • Elementary School: Gifford
  • High School: Case
  • Junior High Dist: Racine

Lot Info

  • Zoning: RES
  • Acreage Range: 0.0 to .499
  • Lot Description: Rolling/Hilly, Finished Lots, Site Plan Recorded, Curb/gutter

Tax Info

  • Tax Year: 2019
  • Total Taxes: 695.56

MLS Schools

  • Middle School: Gilmore

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2023
Sold by
Ortiz Vincent M
Bought by
Ortiz Adela
Current Estimated Value
$647,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Outstanding Balance
$595,521
Interest Rate
6.13%
Mortgage Type
Cash
Estimated Equity
$51,782

Purchase Details

Listed on
Nov 23, 2020
Closed on
Apr 19, 2021
Sold by
Miller Frank W and Miller Melinda L
Bought by
Ortiz Vincent M and Ortiz Adela
Seller's Agent
Lynn Tower
RE/MAX Newport
Buyer's Agent
Lynn Tower
RE/MAX Newport
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.09%
Original Mortgage
$554,400
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 13, 2007
Sold by
Blue River Preserve Llc
Bought by
Miller Frank W and Miller Melinda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
Ortiz Adela $350,000 Michael Mcginn
Ortiz Vincent M $95,000 None Available
Miller Frank W $99,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Adela $612,000
Previous Owner Ortiz Vincent M $560,000
Previous Owner Ortiz Vincent M $554,400
Previous Owner Miller Frank W $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $95,000 0.0% --
03/15/2021 03/15/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $95,000 -- --
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 $10,736 $680,400 $73,700 $606,700
2023 $11,227 $618,100 $73,700 $544,400
2022 $1,344 $192,400 $73,700 $118,700
2021 $1,344 $73,700 $73,700 $0
2020 $759 $37,600 $37,600 $0
2019 $713 $37,600 $37,600 $0
2018 $795 $37,600 $37,600 $0
2017 $783 $37,600 $37,600 $0
2016 $772 $37,600 $37,600 $0
2015 $775 $37,600 $37,600 $0
2014 $743 $37,600 $37,600 $0
2013 $784 $37,600 $37,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1719674

Metro MLS

APN: 104-042226003530