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229 North Memorial Drive

229 North Memorial Drive, Racine, WI 53404
Property in Racine
Sold Dec 01, 2020
$65,000
$52,000 by Educators Cu
Mortgage Due Dec 01, 2050
Sold Apr 03, 2018
$56,500
$42,375 by Gateway Mortgage Corp
Mortgage Due Apr 01, 2048
229 North Memorial Drive has been categorized by the local assessors in Racine, WI as a residential type of property. The building on the property was first built in 1904 and is 120 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 229 North Memorial Drive has 1,606 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,260 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,053 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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. 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 C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it 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, 229 North Memorial Drive was last sold in Nov 23, 2020 for $65,000. According to our calculations, that's $40.47 per sqft. Prior to that sales transaction, the property was sold for $56,500 in Mar 29, 2018. Current property owners are expected to pay $1,923 in taxes per year. The property on 229 North Memorial Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $59,000. To break that down further, the land itself was valued at $7,200. While improvements to the property were assessed at a total of $51,800. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1904
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,053
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,606
  • Gross Building Area: 1,606
  • Building Area: 1,606
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,606
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERSIDE ADDITION
  • Land Acres: 0.116
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Utilities (right-of-way only)
  • Legal Description 1: RIVERSIDE ADD LOT 15

Ownership

  • Current Owner : REINDERS DANIEL
  • Current Owner 2: REINDERS LORA
  • Previous Owner : DENNY NOAH
  • Owner Before Previous Owner: OLIVE WILLIAM JOHN

Neighborhood

  • School District Name: Racine School District
  • School Tax School District: UNIFIED SCHOOL
  • Census Tract: 000500

Zoning

  • Zoning: R3

Geography

  • District: 276
  • Parcel: 276 000006033000
  • Lot: 15
  • Municipality: CITY OF RACINE
  • Latitude: 42.7248
  • Longitude: -87.7987

    Address

  • Full Address: 229 N Memorial Dr
  • Address - House Number: 229
  • Street Direction: N
  • Address - Street Name: Memorial
  • Address - Suffix Type: Dr
  • State: WI
  • City Name: Racine
  • Carrier Code: C017
  • 4-Digit Zip Code: 3415
  • Zip Code: 53404

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,923
  • Tax Rate Code Area: 276

    Appraisal Valuation

  • Standard Deviation: 0.2275
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 95,335
  • High Value: 117,030
  • Low Value: 73,640

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $52,000
  • First Open Lien Mortgage Lender: EDUCATORS CU
  • First Open Lien Mortgage Recording Date: Dec 01, 2020
  • First Open Lien Mortgage Loan Amount: $52,000
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $65,341
  • Market Land Value: $7,973
  • Market Improvement Value: $57,368

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,000
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $51,800

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Transaction ID: 11854051970
  • Current Sale Price: $65,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2573324
  • Previous Sale Recording Date: Apr 03, 2018
  • Previous Sale Contract Date: Mar 29, 2018
  • Previous Sale Amount: $56,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EDUCATORS CU
  • First Mortgage Transaction Date: Dec 01, 2020
  • First Mortgage Loan Amount: $52,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GATEWAY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 03, 2018
  • Previous Mortgage Loan Amount: $42,375
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2048

About Racine



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,570 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
Listing by Roy Rainey Jr.

Frequently Asked Questions

What neighborhood is 229 North Memorial Drive located in?
The 229 North Memorial Drive is a located in the neighborhood of Racine in Racine, Racine.
What is the average sales price for listings in 229 North Memorial Drive?
The average sales price for units in 229 North Memorial Drive is $0 currently.

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