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7 Sprucewood Court

7 Sprucewood Court, Racine, WI 53402
Property in Wind Point
Sold Aug 04, 2020
$373,000
$340,399 by Usaa Fsb
Mortgage Due Aug 01, 2050
Sold Jan 12, 2015
$275,000
$171,000 by Citibank Na
Mortgage Due Feb 01, 2045
Local assessors in Racine, WI have categorized 7 Sprucewood Court as a residential type of property. The property's lot size has been calculated to be 21,257 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 Jul 24, 2020 for $373,000. Prior to that sales transaction, the property was also sold in Nov 25, 2014 for $275,000. 7 Sprucewood Court was last assessed in 2023. The total value of the property was assessed at $292,500. Specifically, the land the property is located on was valued at $63,500. While improvements on the property were assessed at a total of $229,000. 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 $5,483. 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. 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.

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 21,257
  • 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
  • Land Acres: 0.488
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MEADOW LAKE EAST LOT 7

Ownership

  • Current Owner : GORBATY MATTHEW JONATHAN
  • Current Owner 2: GORBATY GENEVIEVE ANN
  • Previous Owner : ZIESER ERIC J
  • Previous Owner 2: ZIESER EMILY T
  • Owner Before Previous Owner: BEZY PAUL A
  • Owner Before Previous Owner 2: BEZY BREE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Racine School District
  • School Tax School District: UNIFIED SCHOOL
  • School Tax District Code 2: CALEDONIA UTILI
  • Census Tract: 001505

Geography

  • District: 192
  • Parcel: 192 042327257507
  • Lot: 7
  • Meridian: SEC 27 TWN 04N RNG 23E
  • Municipality: VILLAGE OF WIND POINT
  • Latitude: 42.7775
  • Longitude: -87.7708

    Address

  • Full Address: 7 Sprucewood Ct
  • Address - House Number: 7
  • Address - Street Name: Sprucewood
  • Address - Suffix Type: Ct
  • State: WI
  • City Name: Racine
  • Carrier Code: C002
  • 4-Digit Zip Code: 5316
  • Zip Code: 53402

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,483
  • Tax Rate Code Area: 192

    Appraisal Valuation

  • Standard Deviation: 0.1605
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 463,493
  • High Value: 537,889
  • Low Value: 389,097

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,399
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: Aug 04, 2020
  • First Open Lien Mortgage Loan Amount: $340,399
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $348,870
  • Market Land Value: $75,737
  • Market Improvement Value: $273,133

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,500
  • Assessed Land Value: $63,500
  • Assessed Improvements Value: $229,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Aug 04, 2020
  • Current Sale Transaction ID: 11841011400
  • Current Sale Price: $373,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2559885
  • Previous Sale Recording Date: Jan 12, 2015
  • Previous Sale Contract Date: Nov 25, 2014
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Aug 04, 2020
  • First Mortgage Loan Amount: $340,399
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK NA
  • Previous Mortgage Transaction Date: Jan 12, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $171,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Feb 01, 2045

About Wind Point



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7 Sprucewood Court located in?
The 7 Sprucewood Court is a located in the neighborhood of Wind Point in Wind Point, Racine.
What is the average sales price for listings in 7 Sprucewood Court?
The average sales price for units in 7 Sprucewood Court is $0 currently.

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