NOT LISTED FOR SALE

Estimated Value: $127,245 - $169,000

5 Beds
2 Baths
890 Sq Ft
$160/Sq Ft Est. Value

About This Home

JUST BLOCKS FROM LAKE MICHIGAN AND DOWNTOWN RACINE! This duplex is the perfect investment! Recently remodeled 2-3 bedroom lower (3rd bedroom is a walk-thru). Freshly painted with new LVP flooring thru-out. Upper was remodeled last year, and is also a 2 bedroom that could be used as a 3. Nice yard. Nice country-style front porch. Full basement with sep utilities. Amazing price, and amazing rent and cash flow potential! Call today!!!

Last Buyer's Agent

Michael Rondon

Rondon Real Estate LLC License #97793-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,364

Year Built

  • Built in 1896

Lot Details

  • 4,792 Sq Ft Lot

Interior Spaces

  • 890 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 00554000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,364

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.11
  • Directions: 6th Street to Wisconsin Avenue. South to Property.
  • Year Built: 1896
  • Special Features: None
  • Stories: 0

Interior Features

  • Has Basement: Full, Concrete
  • ResoLivingAreaSource: PublicRecords

Utilities

  • Heating: Oil, Forced Air, Wall Furnace

Lot Info

  • Parcel #: 00554000
  • Zoning Description: R4
  • Zoning: R4

Tax Info

  • Tax Annual Amount: 2363.6
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Jul 14, 2023
Sold by
Jmtaa Llc
Bought by
Mkp3 Investments Llc
Buyer's Agent
Michael Rondon
Rondon Real Estate LLC
List Price
$139,900
Views
67
Current Estimated Value
$142,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$113,600
Outstanding Balance
$111,443
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$47,396

Purchase Details

Closed on
Apr 20, 2018
Sold by
Krp Holdings Llc
Bought by
Jmtaa Llc

Purchase Details

Closed on
Nov 21, 2017
Sold by
R & N Investments And Holdings Llc
Bought by
Krp Holdings Llc

Purchase Details

Closed on
Dec 3, 2013
Sold by
Pks Properties Llc
Bought by
Kranstover Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,595
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2008
Sold by
Kranstover Paul S
Bought by
Pks Properties Llc
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
Mkp3 Investments Llc $142,000 Entrust Title
Jmtaa Llc $386,000 None Available
Krp Holdings Llc -- None Available
Kranstover Paul -- None Available
Pks Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mkp3 Investments Llc $113,600
Previous Owner Jmtaa Llc $75,000
Previous Owner Jmtaa Llc $60,000
Previous Owner R & N Investments And Holdings Llc $30,000
Previous Owner Rondon James E $50,000
Previous Owner Kranstover Paul $72,595
Previous Owner Kranstover Paul S $76,000
Previous Owner Kranstover Paul $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2023 07/30/23 Off Market $139,900 -- --
07/17/2023 07/17/23 For Sale $139,900 0.0% $157 / Sq Ft
07/02/2023 07/02/23 Off Market $139,900 -- --
05/30/2023 05/30/23 For Sale $139,900 -- $157 / 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 $3,685 $114,900 $15,200 $99,700
2023 $2,887 $105,000 $15,200 $89,800
2022 $3,408 $97,000 $15,200 $81,800
2021 $4,965 $88,000 $15,200 $72,800
2020 $4,158 $88,000 $15,200 $72,800
2019 $3,788 $84,000 $15,200 $68,800
2018 $4,031 $70,000 $15,200 $54,800
2017 $3,145 $70,000 $15,200 $54,800
2016 $3,563 $70,000 $15,200 $54,800
2015 $2,502 $80,000 $15,200 $64,800
2014 $2,502 $80,000 $15,200 $64,800
2013 $2,502 $85,000 $18,400 $66,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1836240

Metro MLS

APN: 276-000000554000