NOT LISTED FOR SALE

Estimated Value: $251,000 - $448,418

7 Beds
2 Baths
3,348 Sq Ft
$103/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $319,100 $95 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,527/month

218 Days on Market

Highlights

  • Water Views
  • Bathroom on Main Level
  • Wood Siding
  • 2 Car Attached Garage
  • Asbestos
  • 4-minute walk to Park Place

About This Home

As of March 2024

Rare Victorian 2 Story duplex with breathtaking views of Lake Michigan.The south unit (823) offers formal dining room, living room, kitchen on the main level. 3 bedrooms, + bonus room that could be a 4 bedroom. full bath and laundry upstairs.The north unit (821) offers formal dining room, living room, kitchen and full bath on main level. 3 Bedrooms and bath upstairs. Both units have partially exposed basements with egress entrances and garden style windows for natural light. Unit 823 has access from garage through the basement entrance. Above the 2 car garage is a wonderful deck overlooking Lake Michigan and Pershing Park. 1674 sq ft in each unit for a total 3384 sq.ft.

Last Agent to Sell the Property

Rose Bogosian

Gonnering Realty, Inc Brokerage Phone: 262-657-3800 License #54128-90 Listed on: 05/31/2023

Last Buyer's Agent

Rose Bogosian

Gonnering Realty, Inc Brokerage Phone: 262-657-3800 License #54128-90 Listed on: 05/31/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1874

Lot Details

  • 0.29 Acre Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Wood Siding
  • Aluminum Trim
  • Asbestos

Interior Spaces

  • Bathroom on Main Level
  • 3,348 Sq Ft Home
  • 2-Story Property
  • Water Views

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Johnson Elementary School
  • Mitchell Middle School
  • Case High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: tenants personal property.

Property Details

Home Type

Multi-Family

Year Built

Built in 1874

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: See Addendum R in MLS docs.823: Refrigerator, Dishwasher, gas stove, stackable washer/dryer combo.821:Refrigerator, Stove, dishwasher, stackable washer/dryer combo.
  • Directions: Lake Ave east side -Use front door @ 823 You can park in the parking space at the end of the driveway do not block the garage
  • New Construction: No
  • Year Built: 1874
  • Cleared Acreage: Less than 1/2
  • Architecture: Townhouse
  • Full Street Address: 821 Lake AVENUE #823
  • Lot Acreage: 0.29
  • Municipality Type: City
  • Property Water Features: View of Water
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Full, Walk Out/Outer Door
  • Bathroom Description: Half on Lower, Full on Lower
  • Second Floor Total Sq Ft: 3348.00

Exterior Features

  • Exclusions: tenants personal property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum Trim, Asbestos/Asphalt, Partial-Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Opener Included, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Racine
  • Elementary School: Johnson
  • Middle School: Mitchell
  • High School: Case
  • Elementary School: Johnson
  • High School: Case
  • Junior High Dist: Racine

Lot Info

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

Tax Info

  • Tax Year: 2023
  • Total Taxes: 8478.13

MLS Schools

  • Middle School: Mitchell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Mar 22, 2024
Sold by
Moradian M. Michael
Bought by
Arza Llc
Seller's Agent
Rose Bogosian
Gonnering Realty, Inc
Buyer's Agent
Rose Bogosian
Gonnering Realty, Inc
List Price
$370,000
Sold Price
$319,100
Premium/Discount to List
-$50,900
-13.76%
Views
802
Current Estimated Value
$344,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,755
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Mar 31, 2006
Sold by
Revoc Liv Trust Plus Of Einer Larsen
Bought by
Moradian M Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.34%
Mortgage Type
New Conventional
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
Arza Llc $319,100 Landmark Title Of Racine, Inc.
Moradian M Michael $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moradian M Michael $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Sold $319,100 -8.8% $95 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
12/01/2023 12/01/23 Price Changed $350,000 -5.4% $105 / Sq Ft
06/01/2023 06/01/23 For Sale $370,000 -- $111 / 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 $8,612 $355,000 $75,100 $279,900
2023 $8,871 $355,000 $75,100 $279,900
2022 $8,061 $325,000 $75,100 $249,900
2021 $8,219 $295,000 $75,100 $219,900
2020 $8,111 $295,000 $75,100 $219,900
2019 $7,799 $281,000 $75,100 $205,900
2018 $7,698 $260,000 $75,100 $184,900
2017 $7,738 $260,000 $75,100 $184,900
2016 $7,907 $260,000 $75,100 $184,900
2015 $9,638 $260,000 $75,100 $184,900
2014 $9,638 $260,000 $75,100 $184,900
2013 $9,638 $330,000 $90,900 $239,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1836431

Metro MLS

APN: 276-000000484000