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2809 Drexel Avenue

2809 Drexel Avenue, Racine, WI 53403
Property in Racine
Sold Feb 21, 2024
$199,900
$198,885 by Crosscountry Mortgage, Llc
Mortgage Due Mar 01, 2054
Sold Mar 19, 2021
$155,000
$152,192 by Loandepot.com Llc
Mortgage Due Apr 01, 2051
2809 Drexel Avenue in Racine, WI was first built in 1955 and is 69 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 ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2809 Drexel Avenue has 1,026 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 390 ft and the linear feet between the front and back of the lot is 1,150. In total, the area measurement of the land is 4,487 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 good. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. 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, 2809 Drexel Avenue sold most recently in Feb 14, 2024 for a total of $199,900. If you work out the math, that's approximately a cost of $194.83 per sqft. Before that, the property was also sold for $155,000 in Mar 8, 2021. 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 $3,925 in taxes each year. 2809 Drexel Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $154,000. If we break it down further, the land itself was valued at $15,400. Improvements to the property, however, were assessed at a total of $138,600. 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: 1955
  • Effective Year Built: 1955
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,487
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 390
  • Total Building Area: 1,026
  • Building Area: 1,026
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,026
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOLFF'S FOURTH
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK 18 WOLFF S FOURTH ADD LOT 25

Ownership

  • Current Owner : POSTON MARVIN
  • Previous Owner : SIMS CASSANDRA
  • Owner Before Previous Owner: THOMPSON KEITH L
  • Owner Before Previous Owner 2: THOMPSON DONNA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Racine School District
  • School Tax School District: UNIFIED SCHOOL
  • Census Tract: 000700

Zoning

  • Zoning: R2

Geography

  • District: 276
  • Parcel: 276 000016083000
  • Block: 18
  • Lot: 25
  • Municipality: CITY OF RACINE
  • Latitude: 42.6982
  • Longitude: -87.8124

    Address

  • Full Address: 2809 Drexel Ave
  • Address - House Number: 2809
  • Address - Street Name: Drexel
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Racine
  • Carrier Code: C016
  • 4-Digit Zip Code: 2958
  • Zip Code: 53403

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,925
  • Tax Rate Code Area: 276

    Appraisal Valuation

  • Standard Deviation: 0.0918
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 92
  • Final Value: 206,691
  • High Value: 225,686
  • Low Value: 187,696

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,885
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Feb 21, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $198,885
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2054

    Market Valuation

  • Market Total Value: $170,553
  • Market Land Value: $17,055
  • Market Improvement Value: $153,498

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,000
  • Assessed Land Value: $15,400
  • Assessed Improvements Value: $138,600

    Sales

  • Current Sale Contract Date: Feb 14, 2024
  • Current Sale Recording Date: Feb 21, 2024
  • Current Sale Transaction ID: 11921948621
  • Current Sale Price: $199,900
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 2671578
  • Previous Sale Recording Date: Mar 19, 2021
  • Previous Sale Contract Date: Mar 08, 2021
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Mortgage Transaction Date: Feb 21, 2024
  • First Mortgage Loan Amount: $198,885
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: Mar 19, 2021
  • Previous Mortgage Loan Amount: $152,192
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2051

About Racine



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2809 Drexel Avenue located in?
The 2809 Drexel Avenue is a located in the neighborhood of Racine in Racine, Racine.
What is the average sales price for listings in 2809 Drexel Avenue?
The average sales price for units in 2809 Drexel Avenue is $0 currently.

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