Check Availability

5316 Wright Avenue

5316 Wright Avenue, Racine, WI 53406
Property in Racine
Sold Feb 10, 2022
$254,000
$241,300 by Ark-la-tex Financial Services
Mortgage Due Mar 01, 2052
Sold Oct 04, 2021
$130,000
$104,000 by Educators Cu
Mortgage Due Oct 01, 2051
Local assessors in Racine, WI have categorized 5316 Wright Avenue as a residential type of property. The home was built in 1963 and is 61 years old. The property's lot size has been calculated to be 6,839 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 620 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5316 Wright Avenue has a total of 1,216 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 5316 Wright Avenue was last sold in Feb 4, 2022 for $254,000. According to our calculations, that's $208.88 per sqft. Prior to that sales transaction, the property was sold for $130,000 in Sep 16, 2021. Current property owners are expected to pay $4,920 in taxes per year. The property on 5316 Wright Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $194,000. To break that down further, the land itself was valued at $22,400. While improvements to the property were assessed at a total of $171,600. 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. 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.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: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,839
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,216
  • Building Area: 1,216
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,216
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND VILLAGE
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK 3 HIGHLAND VILLAGE LOT 9 + W 6 FT LOT 8

Ownership

  • Current Owner : POWELL JUSTIN T
  • Current Owner 2: POWELL LAURA F
  • Previous Owner : GITZLAFF
  • Previous Owner 2: KRISTY
  • Owner Before Previous Owner: WANG TONY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Racine School District
  • School Tax School District: UNIFIED SCHOOL
  • Census Tract: 001001

Zoning

  • Zoning: R2

Geography

  • District: 276
  • Parcel: 276 000011073009
  • Block: 3
  • Lot: 9
  • Municipality: CITY OF RACINE
  • Latitude: 42.7153
  • Longitude: -87.8436

    Address

  • Full Address: 5316 Wright Ave
  • Address - House Number: 5316
  • Address - Street Name: Wright
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Racine
  • Carrier Code: C083
  • 4-Digit Zip Code: 4548
  • Zip Code: 53406

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,920
  • Tax Rate Code Area: 276

    Appraisal Valuation

  • Standard Deviation: 0.202
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 217,575
  • High Value: 261,533
  • Low Value: 173,618

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $241,300
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Feb 10, 2022
  • First Open Lien Mortgage Loan Amount: $241,300
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $214,853
  • Market Land Value: $24,807
  • Market Improvement Value: $190,046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $194,000
  • Assessed Land Value: $22,400
  • Assessed Improvements Value: $171,600

    Sales

  • Current Sale Contract Date: Feb 04, 2022
  • Current Sale Recording Date: Feb 10, 2022
  • Current Sale Transaction ID: 11880793532
  • Current Sale Price: $254,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2620684
  • Previous Sale Recording Date: Oct 04, 2021
  • Previous Sale Contract Date: Sep 16, 2021
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: Feb 10, 2022
  • First Mortgage Loan Amount: $241,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: EDUCATORS CU
  • Previous Mortgage Transaction Date: Oct 04, 2021
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $104,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2051

About Racine



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1857 Roosevelt Ave., Racine, WI, 53406

$925 /mo

  • 2 Beds
  • 1 Bath
  • 875 ft²
1857 Roosevelt Ave. #1857 Roosevelt Ave., Racine, WI, 53406 Listing by Manager
Unit for rent at 5000 Graceland Blvd., Mount Pleasant, WI, 53406

$949 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
5000 Graceland Blvd. #5000 Graceland Blvd. Unit 222, Mount Pleasant, WI, 53406 Listing by Graceland Gardens Apartment Homes

Frequently Asked Questions

What neighborhood is 5316 Wright Avenue located in?
The 5316 Wright Avenue is a located in the neighborhood of Racine in Racine, Racine.
What is the average sales price for listings in 5316 Wright Avenue?
The average sales price for units in 5316 Wright Avenue is $0 currently.

Quantcast