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1912 Lathrop Avenue

1912 Lathrop Avenue, Racine, WI 53405
Commercial in Racine
1912 Lathrop Avenue in Racine, WI was first built in 1933 and is 91 years old. This has been categorized as a commercial property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1912 Lathrop Avenue has 1,235 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 5,445 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 average. The exterior walls of the home are made of wood. As for heating, the home is utilizing a heating system. The property was last sold in Mar 16, 2022 for $105,000. That's $85.02 per sqft. Prior to that sales transaction, the property was also sold in Apr 30, 2007 for $106,000. 1912 Lathrop Avenue was last assessed in 2023. The total value of the property was assessed at $112,000. Specifically, the land the property is located on was valued at $40,800. While improvements on the property were assessed at a total of $71,200. 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 $3,730. 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. 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

Wood Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211001
10/01/2021
Loft
-
1235 ft²
$109,900
bedrooms
Loft
bathrooms
-
square feet
1235 ft²
-
-
-
Dan Gobis
RE/MAX Newport Elite

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,445
  • Total Building Area: 1,235
  • Gross Building Area: 1,235
  • Building Area: 1,235
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,235
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: OWENS
  • Land Acres: 0.125
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • Legal Description 1: BLK 6 OWENS ADD LOT 19

Ownership

  • Current Owner : YOUNG DARIUS
  • Current Owner 2: YOUNG FARRAHN
  • Previous Owner : JOSEPH T SCHMITZ FAMILY TRUST
  • Owner Before Previous Owner: SCHAMLING JAMES C
  • Owner Before Previous Owner 2: SCHMALING JAMES C

Neighborhood

  • School District Name: Racine School District
  • School Tax School District: UNIFIED SCHOOL
  • Census Tract: 000901

Zoning

  • Zoning: B2

Geography

  • District: 276
  • Parcel: 276 000023652000
  • Block: 6
  • Lot: 19
  • Municipality: CITY OF RACINE
  • Latitude: 42.7071
  • Longitude: -87.8263

    Address

  • Full Address: 1912 Lathrop Ave
  • Address - House Number: 1912
  • Address - Street Name: Lathrop
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Racine
  • Carrier Code: C089
  • 4-Digit Zip Code: 3707
  • Zip Code: 53405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,730
  • Tax Rate Code Area: 276

    Market Valuation

  • Market Total Value: $124,038
  • Market Land Value: $45,185
  • Market Improvement Value: $78,853

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,000
  • Assessed Land Value: $40,800
  • Assessed Improvements Value: $71,200

    Sales

  • Current Sale Contract Date: Mar 16, 2022
  • Current Sale Recording Date: Mar 18, 2022
  • Current Sale Transaction ID: 11884152042
  • Current Sale Price: $105,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2624079
  • Previous Sale Recording Date: May 01, 2007
  • Previous Sale Contract Date: Apr 30, 2007
  • Previous Sale Amount: $106,000
  • Previous Sale Document Type: Warranty Deed

About Racine



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Frequently Asked Questions

What neighborhood is 1912 Lathrop Avenue located in?
The 1912 Lathrop Avenue is a commercial located in the neighborhood of Racine in Racine, Racine.
What is the average sales price for listings in 1912 Lathrop Avenue?
The average sales price for units in 1912 Lathrop Avenue is $0 currently.

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