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1500 Cleveland Avenue

1500 Cleveland Avenue, Racine, WI 53405
House in Racine
Sold Aug 18, 2021
$195,000
$185,250 by Educators Cu
Mortgage Due Sep 01, 2051
Sold Feb 06, 2019
$145,000
$142,373 by United Wholesale Mortgage
Mortgage Due Mar 01, 2049
Local assessors in Racine, WI have categorized 1500 Cleveland Avenue as a residential type of property. The home was built in 1927 and is 97 years old. The property's lot size has been calculated to be 4,966 square feet. The linear feet between the front and back of the lot was measured at 1,286 ft and the front of the lot was measured at 389 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1500 Cleveland Avenue has a total of 1,453 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 12, 2021 for $195,000. That's $134.21 per sqft. Prior to that sales transaction, the property was also sold in Feb 1, 2019 for $145,000. 1500 Cleveland Avenue was last assessed in 2023. The total value of the property was assessed at $169,000. Specifically, the land the property is located on was valued at $17,500. While improvements on the property were assessed at a total of $151,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,023. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Aluminum Siding

Parking

Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,966
  • Lot Size Depth Feet: 1,286
  • Lot Size Frontage Feet: 389
  • Total Building Area: 1,453
  • Building Area: 1,453
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,453
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EHRLICH'S WRIGHT AVENUE
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK 7 ARTHUR EHRLICH S WRIGHT AVENUE ADD LOT 88

Ownership

  • Current Owner : LARRABEE CHRISTOPHER
  • Current Owner 2: GAEDE TIFFANI
  • Previous Owner : CALDOON JESUS
  • Previous Owner 2: GROSSCHADL TYLER J
  • Owner Before Previous Owner: PETRI RICHARD E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Racine School District
  • School Tax School District: UNIFIED SCHOOL
  • Census Tract: 001003

Zoning

  • Zoning: R3

Geography

  • District: 276
  • Parcel: 276 000011899000
  • Block: 7
  • Lot: 88
  • Municipality: CITY OF RACINE
  • Latitude: 42.7137
  • Longitude: -87.8227

    Address

  • Full Address: 1500 Cleveland Ave
  • Address - House Number: 1500
  • Address - Street Name: Cleveland
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Racine
  • Carrier Code: C096
  • 4-Digit Zip Code: 3334
  • Zip Code: 53405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,023
  • Tax Rate Code Area: 276

    Appraisal Valuation

  • Standard Deviation: 0.2038
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 212,118
  • High Value: 255,362
  • Low Value: 168,874

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,250
  • First Open Lien Mortgage Lender: EDUCATORS CU
  • First Open Lien Mortgage Recording Date: Aug 18, 2021
  • First Open Lien Mortgage Loan Amount: $185,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $187,166
  • Market Land Value: $19,381
  • Market Improvement Value: $167,785

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,000
  • Assessed Land Value: $17,500
  • Assessed Improvements Value: $151,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 12, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Transaction ID: 11850775653
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2602576
  • Previous Sale Recording Date: Feb 06, 2019
  • Previous Sale Contract Date: Feb 01, 2019
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EDUCATORS CU
  • First Mortgage Transaction Date: Aug 18, 2021
  • First Mortgage Loan Amount: $185,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Feb 06, 2019
  • Previous Mortgage Loan Amount: $142,373
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2049

About Racine



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Frequently Asked Questions

What neighborhood is 1500 Cleveland Avenue located in?
The 1500 Cleveland Avenue is a house located in the neighborhood of Racine in Racine, Racine.
What is the average sales price for listings in 1500 Cleveland Avenue?
The average sales price for units in 1500 Cleveland Avenue is $0 currently.

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