NOT LISTED FOR SALE

722 Melvin Ave Racine, WI 53402

Wolffs Town Neighborhood

Estimated Value: $186,000 - $229,000

3 Beds
1 Bath
1,123 Sq Ft
$184/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $163,000 $145 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,376/month

36 Days on Market

Highlights

  • Main Floor Bedroom
  • Bathtub with Shower
  • Wood Siding
  • 1.5 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

Classic red brick Cape cod within walking distance to the lake and zoo. Wonderful and cozy. Formal living room leads to the dining area and kitchen. 2 spacious bedrooms and a full bath on the main level. On the second level there is a large bedroom. Full basement. 1.5 car garage. Relax on the patio overlooking the pretty back yard.

Last Agent to Sell the Property

Jean Schoenwaelder

John & Jean Schoenwaelder Real Estate, Ltd License #52540-90 Listed on: 04/12/2021

Last Buyer's Agent

Julie Algrim

Shorewest Realtors, Inc. License #85203-94

Shorewest Realtors, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,859

Year Built

  • Built in 1944

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 1.5 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,123 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Exclusions: Microwave

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,859

Year Built

Built in 1944

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: All blinds and window treatments, stove, refrigerator, disposal, washer, dryer
  • Directions: N.Main St. to Melvin, west to home.
  • New Construction: No
  • Year Built: 1944
  • Cleared Acreage: Less than 1/2
  • Architecture: Cape Cod
  • Full Street Address: 722 Melvin Ave
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.13
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Range/Oven, Range, Refrigerator, Washer
  • Has Basement: Full
  • Interior Amenities: Cable/Satellite Available
  • Bathroom Description: Ceramic Tile, Shower Over Tub
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 12
  • Second Floor Total Sq Ft: 1123.00

Exterior Features

  • Exclusions: Microwave
  • Exterior Building Type: 1.5 Story
  • Exterior: Aluminum/Steel, Aluminum, Brick, Brick/Stone, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 1 Car
  • Garage Spaces: 1.5

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: 2020
  • Total Taxes: 2858.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
May 24, 2021
Sold by
Sheffield Dawn M
Bought by
Petersen Michael C
Seller's Agent
Jean Schoenwaelder
John & Jean Schoenwaelder Real Estate, Ltd
Buyer's Agent
Julie Algrim
Shorewest Realtors, Inc.
List Price
$163,000
Sold Price
$163,000
Current Estimated Value
$206,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,331
Avg. Annual Appreciation
5.47%
Original Mortgage
$154,850
Outstanding Balance
$139,892
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$66,439

Purchase Details

Closed on
Jul 8, 2016
Sold by
Sheffield Dawn M and Estate Of Shieffield
Bought by
Sheffield Dawn M and Sheffield Scott M
Source: Public Records

Range of Values:

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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
Petersen Michael C $163,000 None Listed On Document
Sheffield Dawn M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petersen Michael C $154,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2021 05/25/21 Sold $163,000 0.0% $145 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $163,000 -- $145 / 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 $3,489 $152,500 $18,300 $134,200
2023 $3,177 $135,000 $18,300 $116,700
2022 $2,936 $123,000 $18,300 $104,700
2021 $2,986 $112,000 $18,300 $93,700
2020 $2,997 $112,000 $18,300 $93,700
2019 $2,812 $107,000 $18,300 $88,700
2018 $2,769 $96,000 $18,300 $77,700
2017 $2,851 $96,000 $18,300 $77,700
2016 $2,756 $91,000 $18,300 $72,700
2015 $2,854 $91,000 $18,300 $72,700
2014 $2,854 $91,000 $18,300 $72,700
2013 $2,854 $98,000 $22,500 $75,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jean Schoenwaelder

    John & Jean Schoenwaelder Real Estate, Ltd

  • J

    Buyer's Agent in 2021

    Julie Algrim

    Shorewest Realtors, Inc.

    (262) 331-4442

    4 in this area

    80 Total Sales

    Julie Algrim
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Map

Source: Metro MLS

MLS Number: 1734690

Metro MLS

APN: 276-000004338020

Wisconsin Racine County Racine 53402 Wolffs Town

722 Melvin Ave, Racine, WI

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