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1011 East Racine Avenue

1011 East Racine Avenue, Waukesha, WI 53186
Property in Buchner Park
Sold Oct 05, 2005
$145,000
$130,000 by Mortgageit Inc
Mortgage Due Oct 01, 2035
1011 East Racine Avenue has been categorized by the local assessors in Waukesha, WI as a residential type of property. The building on the property was first built in 1900 and is 124 years old. However, we must point out that the home was most recently renovated and altered in 1979. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1011 East Racine Avenue has 1,569 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 816 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 570 ft. The area measurement of the land has been determined as 8,712 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 378 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as fair. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1011 East Racine Avenue sold most recently in Sep 29, 2005 for a total of $145,000. If you work out the math, that's approximately a cost of $60.80 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,862 in taxes each year. 1011 East Racine Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $204,800. If we break it down further, the land itself was valued at $57,400. Improvements to the property, however, were assessed at a total of $147,400. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Multifamily
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 816
  • Garage Type: Detached
  • Garage Square Area: 378
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 570
  • Total Building Area: 2,385
  • Gross Building Area: 2,495
  • Building Area: 1,569
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,569
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KAINZ ADD
  • Land Acres: 0.2
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 3 BLK 2 KAINZ ADD PT NE1/4 SEC 11 T6N R19E DOC NO 3324296

Ownership

  • Current Owner : NELSON TODD K
  • Previous Owner : E RONALD & NANCY S ABRAHAMSON REVOCABLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Waukesha School District
  • School Tax School District: WAUKESHA TECH
  • Census Tract: 202400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 06N-19E-11
  • District: WAKC
  • Parcel: WAKC-1337-046
  • Block: 2
  • Lot: 3
  • Meridian: SEC 11 TWN 6N RNG 19E
  • Municipality: CITY OF WAUKESHA
  • Latitude: 43.0016
  • Longitude: -88.215

    Address

  • Full Address: 1011 E Racine Ave
  • Address - House Number: 1011
  • Street Direction: E
  • Address - Street Name: Racine
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Waukesha
  • Carrier Code: C036
  • 4-Digit Zip Code: 6447
  • Zip Code: 53186

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,862

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 274,753
  • High Value: 317,229
  • Low Value: 232,278

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $210,016
  • First Open Lien Mortgage Lender: MORTGAGEIT INC
  • First Open Lien Mortgage Recording Date: Oct 05, 2005
  • First Open Lien Mortgage Loan Amount: $130,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2035
  • Second Open Lien Mortgage Lender: SUMMIT CU
  • Second Open Lien Mortgage Recording Date: Aug 19, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $80,016
  • Second Open Lien Mortgage Term: 144
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2033

    Market Valuation

  • Market Total Value: $212,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,800
  • Assessed Land Value: $57,400
  • Assessed Improvements Value: $147,400

    Sales

  • Current Sale Contract Date: Sep 29, 2005
  • Current Sale Recording Date: Oct 05, 2005
  • Current Sale Transaction ID: 1163576378
  • Current Sale Price: $145,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 3324296

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGEIT INC
  • First Mortgage Transaction Date: Oct 05, 2005
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Oct 01, 2035

About Buchner Park



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Frequently Asked Questions

What neighborhood is 1011 East Racine Avenue located in?
The 1011 East Racine Avenue is a located in the neighborhood of Buchner Park in Buchner Park, Waukesha.
What is the average sales price for listings in 1011 East Racine Avenue?
The average sales price for units in 1011 East Racine Avenue is $0 currently.

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