Check Availability

1820 Franklin Street

1820 Franklin Street, Racine, WI 53403
Property in Racine
Sold Feb 25, 2021
$100,000
$91,000 by Envoy Mortgage Ltd
Mortgage Due Jul 01, 2053
Sold Aug 26, 2020
$31,000
1820 Franklin Street in Racine, WI was first built in 1914 and is 110 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1820 Franklin Street has 1,824 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. The linear feet across the front of the lot is 300 ft and the linear feet between the front and back of the lot is 1,115. In total, the area measurement of the land is 3,354 square feet.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as poor. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1820 Franklin Street was last sold in Feb 18, 2021 for $100,000. According to our calculations, that's $54.82 per sqft. Prior to that sales transaction, the property was sold for $31,000 in Aug 14, 2020. Current property owners are expected to pay $3,890 in taxes per year. The property on 1820 Franklin Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $88,000. To break that down further, the land itself was valued at $7,100. While improvements to the property were assessed at a total of $80,900. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Poor
  • Building Quality: C
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,354
  • Lot Size Depth Feet: 1,115
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,824
  • Gross Building Area: 1,824
  • Building Area: 1,824
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,824
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: IMPROVEMENT CO'S
  • Land Acres: 0.077
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Utilities (right-of-way only)
  • Legal Description 1: BLK 32 RACINE LAND + IMPROVEMENT CO S ADD N 30 FT LOT 19

Ownership

  • Current Owner : SULTON JAMES E
  • Current Owner 2: SULTON JACQUELINE
  • Previous Owner : SCC HOMES LLC
  • Owner Before Previous Owner: WALTON BRIAN E
  • Owner Before Previous Owner 2: WALTON JAMES PEGGY
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Racine School District
  • School Tax School District: UNIFIED SCHOOL
  • Census Tract: 002900

Zoning

  • Zoning: R3

Geography

  • District: 276
  • Parcel: 276 000017618000
  • Block: 32
  • Lot: 19
  • Municipality: CITY OF RACINE
  • Latitude: 42.7085
  • Longitude: -87.7906

    Address

  • Full Address: 1820 Franklin St
  • Address - House Number: 1820
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: WI
  • City Name: Racine
  • Carrier Code: C028
  • 4-Digit Zip Code: 2663
  • Zip Code: 53403

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,890
  • Tax Rate Code Area: 276

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 121,978
  • High Value: 149,750
  • Low Value: 94,207

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $91,000
  • First Open Lien Mortgage Lender: ENVOY MORTGAGE LTD
  • First Open Lien Mortgage Recording Date: Jun 26, 2023
  • First Open Lien Mortgage Loan Amount: $91,000
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $97,459
  • Market Land Value: $7,863
  • Market Improvement Value: $89,596

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,000
  • Assessed Land Value: $7,100
  • Assessed Improvements Value: $80,900

    Sales

  • Current Sale Contract Date: Feb 18, 2021
  • Current Sale Recording Date: Feb 25, 2021
  • Current Sale Transaction ID: 11858954236
  • Current Sale Price: $100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2582391
  • Previous Sale Recording Date: Aug 26, 2020
  • Previous Sale Contract Date: Aug 14, 2020
  • Previous Sale Amount: $31,000
  • Previous Sale Document Type: Re-recorded Document

    Last Sale Mortgage

  • First Mortgage Lender: JOHNSON BANK
  • First Mortgage Transaction Date: Feb 25, 2021
  • First Mortgage Loan Amount: $75,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Racine



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 333 Lake Ave, Racine, WI, 53403

$3,499 /mo

  • 3 Beds
  • 3.5 Baths
  • 2,720 ft²
333 Lake Ave #805, Racine, WI, 53403 Listing by Marie A Kentgen

Frequently Asked Questions

What neighborhood is 1820 Franklin Street located in?
The 1820 Franklin Street is a located in the neighborhood of Racine in Racine, Racine.
What is the average sales price for listings in 1820 Franklin Street?
The average sales price for units in 1820 Franklin Street is $0 currently.

Quantcast