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3527 Market Lane

3527 Market Lane, Kenosha, WI 53144
Property in Somers
Local assessors in Kenosha, WI have categorized 3527 Market Lane as a commercial type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 67,954 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The property was last sold in Aug 7, 2019 for $1,910,800. That's $657.99 per sqft. Prior to that sales transaction, the property was also sold in Aug 11, 2017 for $725,000. 3527 Market Lane was last assessed in 2023. The total value of the property was assessed at $1,686,000. Specifically, the land the property is located on was valued at $750,000. While improvements on the property were assessed at a total of $936,000. 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 $27,572. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 67,954
  • Total Building Area: 2,904
  • Gross Building Area: 2,904
  • Building Area: 2,904
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: SOMERS MARKET CENTER SUBDIVISION
  • Land Acres: 1.56
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: LOT 11 IN SOMERS MARKET CENTER SUB PLAT# 6545 DOC#1535778 PT NW 1/4 & SW 1/4 & PT NE 1/4 & PT SE 1/4 OF NE 1/4 SEC 27 T2 R22

Ownership

  • Current Owner : SHEN MARY ELIZABETH
  • Current Owner 2: SHEN TRUST
  • Previous Owner : JHGV LLC
  • Owner Before Previous Owner: RCG SOMERS LLC
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Kenosha School District
  • School Tax School District: KENOSHA UNIF
  • School Tax District Code 2: GATEWAY TECH
  • School Tax District Code 3: SOMERS UTIL 1
  • Census Tract: 000601

Geography

  • District: 182
  • Parcel: 82-4-222-271-0311
  • Lot: 11
  • Meridian: SEC 27 TWN 02N RNG 22E
  • Municipality: VILLAGE OF SOMERS
  • Latitude: 42.6061
  • Longitude: -87.8789

    Address

  • Full Address: 3527 Market Ln
  • Address - House Number: 3527
  • Address - Street Name: Market
  • Address - Suffix Type: Ln
  • State: WI
  • City Name: Kenosha
  • Carrier Code: C084
  • 4-Digit Zip Code: 3474
  • Zip Code: 53144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $27,572

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $850,000
  • First Open Lien Mortgage Lender: FIRST INTERNET BANK OF INDIANA
  • First Open Lien Mortgage Recording Date: Aug 20, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $850,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Aug 20, 2049

    Market Valuation

  • Market Total Value: $2,113,902
  • Market Land Value: $940,348
  • Market Improvement Value: $1,173,554

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,686,000
  • Assessed Land Value: $750,000
  • Assessed Improvements Value: $936,000

    Sales

  • Current Sale Contract Date: Aug 07, 2019
  • Current Sale Recording Date: Aug 20, 2019
  • Current Sale Transaction ID: 11642228621
  • Current Sale Price: $1,910,800
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1848452
  • Previous Sale Recording Date: Aug 15, 2017
  • Previous Sale Contract Date: Aug 11, 2017
  • Previous Sale Amount: $725,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST INTERNET BANK OF INDIANA
  • First Mortgage Transaction Date: Aug 20, 2019
  • First Mortgage Loan Amount: $850,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC PREMIER BANK
  • Previous Mortgage Transaction Date: Aug 15, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,525,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Kenosha



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Frequently Asked Questions

What neighborhood is 3527 Market Lane located in?
The 3527 Market Lane is a located in the neighborhood of Somers in Kenosha, Kenosha.
What is the average sales price for listings in 3527 Market Lane?
The average sales price for units in 3527 Market Lane is $0 currently.

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