Check Availability

7005 Old Spring Street

7005 Old Spring Street, Racine, WI 53406
Property in Mount Pleasant
7005 Old Spring Street has been categorized by the local assessors in Racine, WI as a commercial type of property. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 6,098 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. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. 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, 7005 Old Spring Street sold most recently in Sep 22, 2016 for a total of $16,000. 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 $2,153 in taxes each year. 7005 Old Spring Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $130,100. If we break it down further, the land itself was valued at $36,600. Improvements to the property, however, were assessed at a total of $93,500. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Building Count: 3
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: SCATTERED COMMERCIAL - TIER 1
  • Land Acres: 0.14
  • Standard Land Use Code: Auto repair, auto parts, garage
  • Legal Description 1: PT E588 OF W1/2 COM 347 W OF NE COR S1/2 SW1/4 N2803 TO POB W100 N294 NE101 S310 TO POB EXC N33 & E30 EXC S184 K/A PT LOT 60

Ownership

  • Current Owner : TOBIAS MICHAEL L
  • Previous Owner : 1330 SUMMERSET DRIVE LLC

Neighborhood

  • School District Name: Racine School District
  • School Tax School District: UNIFIED SCHOOL
  • Census Tract: 001706

Geography

  • District: 151
  • Parcel: 151 032211138000
  • Lot: 60
  • Meridian: SEC 11 TWN 03N RNG 22E
  • Municipality: VILLAGE OF MT PLEASANT
  • Latitude: 42.7385
  • Longitude: -87.8672

    Address

  • Full Address: 7005 Old Spring St
  • Address - House Number: 7005
  • Address - Street Name: Old Spring
  • Address - Suffix Type: St
  • State: WI
  • City Name: Mount Pleasant
  • Carrier Code: C068
  • 4-Digit Zip Code: 3301
  • Zip Code: 53406

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,153
  • Tax Rate Code Area: 151

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $22,000
  • First Open Lien Mortgage Lender: COMMUNITY STATE BANK
  • First Open Lien Mortgage Recording Date: Sep 27, 2016
  • First Open Lien Mortgage Loan Amount: $22,000
  • 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: Sep 27, 2046

    Market Valuation

  • Market Total Value: $130,437
  • Market Land Value: $36,695
  • Market Improvement Value: $93,742

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,100
  • Assessed Land Value: $36,600
  • Assessed Improvements Value: $93,500

    Sales

  • Current Sale Contract Date: Sep 22, 2016
  • Current Sale Recording Date: Sep 27, 2016
  • Current Sale Transaction ID: 1588552418
  • Current Sale Price: $16,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2446205

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY STATE BANK
  • First Mortgage Transaction Date: Sep 27, 2016
  • First Mortgage Loan Amount: $22,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Mount Pleasant



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7005 Old Spring Street located in?
The 7005 Old Spring Street is a located in the neighborhood of Mount Pleasant in Mount Pleasant, Racine.
What is the average sales price for listings in 7005 Old Spring Street?
The average sales price for units in 7005 Old Spring Street is $0 currently.

Quantcast