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5121 Maryland Avenue

5121 Maryland Avenue, Racine, WI 53406
Property in Racine
Sold Oct 25, 2021
$220,000
$209,000 by Johnson Bank
Mortgage Due Nov 01, 2051
Sold Dec 15, 2017
$130,000
$97,500 by Gateway Mortgage Corp
Mortgage Due Jan 01, 2033
5121 Maryland Avenue 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 1967 and is 57 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5121 Maryland Avenue has 1,118 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 1,325 ft and across the front of the lot is 620 ft. The area measurement of the land has been determined as 8,146 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 good. 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. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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, 5121 Maryland Avenue was last sold in Oct 18, 2021 for $220,000. According to our calculations, that's $196.78 per sqft. Prior to that sales transaction, the property was sold for $130,000 in Dec 7, 2017. Current property owners are expected to pay $4,669 in taxes per year. The property on 5121 Maryland Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $195,000. To break that down further, the land itself was valued at $21,700. While improvements to the property were assessed at a total of $173,300. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 6
  • 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: 8,146
  • Lot Size Depth Feet: 1,325
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,118
  • Building Area: 1,118
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,118
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GEORGETOWN
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK 8 GEORGETOWN LOT 49 EXC S 6 FT

Ownership

  • Current Owner : ANDERSON CARLY
  • Current Owner 2: KROES ROBERT
  • Previous Owner : WOODWARD CURTIS A
  • Owner Before Previous Owner: IVERY JAMES O
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Racine School District
  • School Tax School District: UNIFIED SCHOOL
  • Census Tract: 000904

Zoning

  • Zoning: R2

Geography

  • District: 276
  • Parcel: 276 000024495000
  • Block: 8
  • Lot: 49
  • Municipality: CITY OF RACINE
  • Latitude: 42.6932
  • Longitude: -87.8415

    Address

  • Full Address: 5121 Maryland Ave
  • Address - House Number: 5121
  • Address - Street Name: Maryland
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Racine
  • Carrier Code: C080
  • 4-Digit Zip Code: 5451
  • Zip Code: 53406

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,669
  • Tax Rate Code Area: 276

    Appraisal Valuation

  • Standard Deviation: 0.1972
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 245,923
  • High Value: 294,432
  • Low Value: 197,414

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $209,000
  • First Open Lien Mortgage Lender: JOHNSON BANK
  • First Open Lien Mortgage Recording Date: Oct 25, 2021
  • First Open Lien Mortgage Loan Amount: $209,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $215,960
  • Market Land Value: $24,032
  • Market Improvement Value: $191,928

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,000
  • Assessed Land Value: $21,700
  • Assessed Improvements Value: $173,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 18, 2021
  • Current Sale Recording Date: Oct 25, 2021
  • Current Sale Transaction ID: 11861893321
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2610137
  • Previous Sale Recording Date: Dec 15, 2017
  • Previous Sale Contract Date: Dec 07, 2017
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JOHNSON BANK
  • First Mortgage Transaction Date: Oct 25, 2021
  • First Mortgage Loan Amount: $209,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GATEWAY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 15, 2017
  • Previous Mortgage Loan Amount: $97,500
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2033

About Racine



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Frequently Asked Questions

What neighborhood is 5121 Maryland Avenue located in?
The 5121 Maryland Avenue is a located in the neighborhood of Racine in Racine, Racine.
What is the average sales price for listings in 5121 Maryland Avenue?
The average sales price for units in 5121 Maryland Avenue is $0 currently.

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