NOT LISTED FOR SALE

701 Melvin Ave Racine, WI 53402

Wolffs Town Neighborhood

Estimated Value: $248,000 - $299,000

3 Beds
1.5 Baths
1,720 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $233,500 $136 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,904/month

3 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Home Security System
  • Wood Siding
  • Bathtub with Shower
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Quality built Red Brick Colonial Only 5 Blocks from Lake Michigan! This charming 2-Story features a formal living room with wood burning fireplace, thick architectural archways, formal dining room and hardwood floors under the carpeting. Efficient kitchen with pantry, planning desk and appliances. The family room addition has southern exposure and lots of windows and hardwood floor adding more comfortable living space to bring the outdoor in. Open staircase leads to 3 spacious bedrooms and an updated bath. Clean LL offers lots of rec room potential. Furnace, AC, water heater and roof shingles all in 2016-2017. Deep double lot with lovely flower beds and landscaping. 2.5 car garage! Just a quick walk to the beach and the Racine Zoo.

Last Agent to Sell the Property

Carolyn Jacobson

First Weber Inc- Racine License #22289-94 Listed on: 06/09/2022

First Weber Inc- Racine

Last Buyer's Agent

Linda Hyde

Legacy Realty Group LLC License #82958-94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,372

Year Built

  • Built in 1940

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,720 Sq Ft Home
  • 2-Story Property
  • Home Security System

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Sellers personal property

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,372

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Window Treatments, Oven/range, Refrigerator, Dishwasher, Disposal, Washer & Dryer. Under Cabinet Radio/CD player in Kitchen.
  • Directions: Take N. Main Street , north of Goold Street to Melvin Avenue, then west. Just past Erie Street.
  • New Construction: No
  • Year Built: 1940
  • Cleared Acreage: Less than 1/2
  • Architecture: Colonial
  • Full Street Address: 701 Melvin Ave
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.23
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
  • Has Basement: Block, Crawl Space, Full, Sump Pump
  • Interior Amenities: Cable/Satellite Available, Pantry, Security System, Wood or Sim.Wood Floors
  • Bathroom Description: Shower Over Tub
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 13
  • Second Floor Total Sq Ft: 1720.00

Exterior Features

  • Exclusions: Sellers personal property
  • Exterior Building Type: 2 Story
  • Exterior: Brick, Brick/Stone, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Detached, 2 Car
  • Garage Spaces: 2.5

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Junior High Dist: Racine

Lot Info

  • Zoning: Res
  • Acreage Range: 0.0 to .499
  • Lot Description: Sidewalks

Tax Info

  • Tax Year: 2021
  • Total Taxes: 4372.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 25, 2022
Sold by
Wayne And Judith Marik Revocable Trust
Bought by
Rippon Bradley
Seller's Agent
Carolyn Jacobson
First Weber Inc- Racine
Buyer's Agent
Linda Hyde
Legacy Realty Group LLC
List Price
$233,500
Sold Price
$233,500
Current Estimated Value
$280,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,122
Avg. Annual Appreciation
5.80%
Original Mortgage
$186,800
Outstanding Balance
$177,933
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$102,689

Purchase Details

Closed on
Jul 15, 2021
Sold by
Marik Wayne J and Marik Judith H
Bought by
Wayne And Judith Marik Revocable Trust
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
Rippon Bradley $233,500 Landmark Title
Wayne And Judith Marik Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rippon Bradley $186,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2022 07/26/22 Sold $233,500 0.0% $136 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $233,500 -- $136 / 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 $5,131 $222,100 $34,000 $188,100
2023 $5,682 $205,000 $34,000 $171,000
2022 $4,592 $183,000 $34,000 $149,000
2021 $4,511 $166,000 $34,000 $132,000
2020 $4,487 $166,000 $34,000 $132,000
2019 $4,134 $155,000 $34,000 $121,000
2018 $4,169 $140,000 $34,000 $106,000
2017 $4,154 $140,000 $34,000 $106,000
2016 $4,242 $140,000 $34,000 $106,000
2015 $4,369 $140,000 $34,000 $106,000
2014 $4,369 $140,000 $34,000 $106,000
2013 $4,369 $150,000 $40,100 $109,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Carolyn Jacobson

    First Weber Inc- Racine

    (262) 995-6110

    10 in this area

    183 Total Sales

    Carolyn Jacobson
    Section Image

  • L

    Buyer's Agent in 2022

    Linda Hyde

    Legacy Realty Group LLC

    (262) 554-0380

    3 in this area

    56 Total Sales

    Linda Hyde
    Section Image
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Map

Source: Metro MLS

MLS Number: 1796770

Metro MLS

APN: 276-000005654000

Wisconsin Racine County Racine 53402 Wolffs Town

701 Melvin Ave, Racine, WI

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