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511 Racine Street

511 Racine Street, Waterford, WI 53185
Property in Waterford
Sold Aug 30, 2019
$182,000
$175,000 by University Of Wisconsin Cu
Mortgage Due Sep 01, 2049
Sold Jul 27, 2016
$131,100
511 Racine Street has been categorized by the local assessors in Waterford, WI as a residential type of property. The area measurement of the land has been determined as 8,276 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 511 Racine Street sold most recently in Aug 23, 2019 for a total of $182,000. Before that, the property was also sold for $131,100 in Jul 6, 2016. 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 $3,436 in taxes each year. 511 Racine Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $234,000. If we break it down further, the land itself was valued at $53,000. Improvements to the property, however, were assessed at a total of $181,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORIGINAL PLAT OF THE VILLAGE WATERFORD
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORIGINAL PLAT PT BLK 35 COM SE COR BLK 15 80 NE OF NE COR BLK 8 NE308 NW1296 TO POB NW90 SW80 SE93 NE100 TO POB **TOTAL

Ownership

  • Current Owner : LEMMERMANN ROBERT RONALD
  • Current Owner 2: LEMMERMANN LINNEA ROSE
  • Previous Owner : LADELL ANITA A
  • Previous Owner 2: ESTATE OF JOSEPH CARL LADELL
  • Owner Before Previous Owner: JPMORAN CHASE BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Waterford Joint No. 1 School District
  • School Tax School District: WATERFORD ELEM
  • School Tax District Code 2: WATERFORD UNION
  • School Tax District Code 3: COUNTY HANDICAP
  • Census Tract: 002701

Geography

  • District: 191
  • Parcel: 191 041935492000
  • Block: 35
  • Meridian: SEC 35 TWN 04N RNG 19E
  • Municipality: VILLAGE OF WATERFORD
  • Latitude: 42.7653
  • Longitude: -88.2187

    Address

  • Full Address: 511 Racine St
  • Address - House Number: 511
  • Address - Street Name: Racine
  • Address - Suffix Type: St
  • State: WI
  • City Name: Waterford
  • Carrier Code: C001
  • 4-Digit Zip Code: 4147
  • Zip Code: 53185

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,436
  • Tax Rate Code Area: 191

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 272,545
  • High Value: 319,583
  • Low Value: 225,508

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,000
  • First Open Lien Mortgage Lender: UNIVERSITY OF WISCONSIN CU
  • First Open Lien Mortgage Recording Date: Aug 30, 2019
  • First Open Lien Mortgage Loan Amount: $175,000
  • 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: Sep 01, 2049

    Market Valuation

  • Market Total Value: $229,419
  • Market Land Value: $51,962
  • Market Improvement Value: $177,457

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,000
  • Assessed Land Value: $53,000
  • Assessed Improvements Value: $181,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 23, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Transaction ID: 11644036923
  • Current Sale Price: $182,000
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 2529209
  • Previous Sale Recording Date: Jul 27, 2016
  • Previous Sale Contract Date: Jul 06, 2016
  • Previous Sale Amount: $131,100
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSITY OF WISCONSIN CU
  • First Mortgage Transaction Date: Aug 30, 2019
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

About Waterford



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Frequently Asked Questions

What neighborhood is 511 Racine Street located in?
The 511 Racine Street is a located in the neighborhood of Waterford in Waterford, Waterford.
What is the average sales price for listings in 511 Racine Street?
The average sales price for units in 511 Racine Street is $0 currently.

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