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1015 Palamino Drive

1015 Palamino Drive, Racine, WI 53402
Property in Caledonia
Sold May 21, 2015
$53,300
$151,900 by Johnson Bank
Mortgage Due Jun 01, 2045
Sold May 21, 2015
$106,300
$151,900 by Johnson Bank
Mortgage Due Jun 01, 2045
1015 Palamino Drive in Racine, WI was first built in 1967 and is 57 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1015 Palamino Drive has 1,600 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,284 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 508 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of brick. The property was last sold in May 11, 2015 for $53,300. That's $33.31 per sqft. Prior to that sales transaction, the property was also sold in May 15, 2015 for $106,300. 1015 Palamino Drive was last assessed in 2023. The total value of the property was assessed at $276,500. Specifically, the land the property is located on was valued at $44,200. While improvements on the property were assessed at a total of $232,300. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,447. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 508
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,284
  • Total Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARLLINGOTN HEIGHTS
  • Land Acres: 0.282
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ARLINGTON HEIGHTS LOT 2,E19'LOT 3 BLK 5

Ownership

  • Current Owner : BORCHERS PATRICK ROLAND
  • Current Owner 2: BORCHERS PATRICIA LEE
  • Previous Owner : POCARO MICHAEL J
  • Owner Before Previous Owner: PORCARO IRENE D
  • Owner Before Previous Owner 2: WOODS SUSAN P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Racine School District
  • School Tax School District: UNIFIED SCHOOL
  • School Tax District Code 2: CAL UTILITY SEW
  • School Tax District Code 3: CAL UTILITY WAT
  • Census Tract: 001504

Geography

  • District: 104
  • Parcel: 104 042321201000
  • Block: 5
  • Lot: 2,E19
  • Meridian: SEC 21 TWN 04N RNG 23E
  • Municipality: VILLAGE OF CALEDONIA
  • Latitude: 42.7902
  • Longitude: -87.7918

    Address

  • Full Address: 1015 Palamino Dr
  • Address - House Number: 1015
  • Address - Street Name: Palamino
  • Address - Suffix Type: Dr
  • State: WI
  • City Name: Caledonia
  • Carrier Code: C082
  • 4-Digit Zip Code: 2169
  • Zip Code: 53402

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,447
  • Tax Rate Code Area: 104

    Appraisal Valuation

  • Standard Deviation: 0.202
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 335,056
  • High Value: 402,749
  • Low Value: 267,363

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $173,300
  • First Open Lien Mortgage Lender: JOHNSON BANK
  • First Open Lien Mortgage Recording Date: May 21, 2015
  • First Open Lien Mortgage Loan Amount: $151,900
  • 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: Jun 01, 2045
  • Second Open Lien Mortgage Lender: LANDMARK CU
  • Second Open Lien Mortgage Recording Date: Aug 30, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $21,400
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 30, 2049

    Market Valuation

  • Market Total Value: $270,562
  • Market Land Value: $43,250
  • Market Improvement Value: $227,312

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $276,500
  • Assessed Land Value: $44,200
  • Assessed Improvements Value: $232,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2015
  • Current Sale Recording Date: May 21, 2015
  • Current Sale Transaction ID: 1211946713
  • Current Sale Price: $53,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2408023
  • Previous Sale Recording Date: May 21, 2015
  • Previous Sale Contract Date: May 15, 2015
  • Previous Sale Amount: $106,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JOHNSON BANK
  • First Mortgage Transaction Date: May 21, 2015
  • First Mortgage Loan Amount: $151,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: JOHNSON BANK
  • Previous Mortgage Transaction Date: May 21, 2015
  • Previous Mortgage Loan Amount: $151,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2045

About Caledonia



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Frequently Asked Questions

What neighborhood is 1015 Palamino Drive located in?
The 1015 Palamino Drive is a located in the neighborhood of Caledonia in Caledonia, Racine.
What is the average sales price for listings in 1015 Palamino Drive?
The average sales price for units in 1015 Palamino Drive is $0 currently.

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