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923 Florence Avenue

923 Florence Avenue, Racine, WI 53402
House in Racine
Sold Oct 29, 2020
$190,000
$186,558 by Land-home Financial Services
Mortgage Due Nov 01, 2050
Sold Feb 08, 2011
$73,000
$58,400 by M&i Marshall & Ilsley Bank
Mortgage Due Feb 01, 2041
923 Florence 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 1948 and is 76 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 923 Florence Avenue has 1,228 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 1,033 ft and across the front of the lot is 509 ft. The area measurement of the land has been determined as 5,750 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 rock and stone. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 923 Florence Avenue sold most recently in Oct 15, 2020 for a total of $190,000. If you work out the math, that's approximately a cost of $154.72 per sqft. Before that, the property was also sold for $73,000 in Jan 25, 2011. 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 $4,520 in taxes each year. 923 Florence Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $189,000. If we break it down further, the land itself was valued at $17,100. Improvements to the property, however, were assessed at a total of $171,900. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Stone Exterior

Parking

Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Rock and stone
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,750
  • Lot Size Depth Feet: 1,033
  • Lot Size Frontage Feet: 509
  • Total Building Area: 1,228
  • Building Area: 1,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,228
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE SHORE PARK
  • Land Acres: 0.132
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK 10 WILLMOR TERRACE NO 2 LOT 1

Ownership

  • Current Owner : MARTINEZ GUSTAVO DURAN
  • Previous Owner : SERVI NICOLE R
  • Previous Owner 2: HOLUB SEAN
  • Owner Before Previous Owner: LEVIN NORMAN
  • Owner Before Previous Owner 2: THE ETHEL R LEVIN BYPASS TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Racine School District
  • School Tax School District: UNIFIED SCHOOL
  • Census Tract: 001402

Zoning

  • Zoning: R2

Geography

  • District: 276
  • Parcel: 276 000005194001
  • Block: 10
  • Lot: 1
  • Municipality: CITY OF RACINE
  • Latitude: 42.7567
  • Longitude: -87.7917

    Address

  • Full Address: 923 Florence Ave
  • Address - House Number: 923
  • Address - Street Name: Florence
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Racine
  • Carrier Code: C030
  • 4-Digit Zip Code: 3970
  • Zip Code: 53402

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,520
  • Tax Rate Code Area: 276

    Appraisal Valuation

  • Standard Deviation: 0.2009
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 234,953
  • High Value: 282,164
  • Low Value: 187,742

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $195,886
  • First Open Lien Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Oct 29, 2020
  • First Open Lien Mortgage Loan Amount: $186,558
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050
  • Second Open Lien Mortgage Lender: NATIONAL HOMEBUYERS FUND INC
  • Second Open Lien Mortgage Recording Date: Oct 29, 2020
  • Second Open Lien Mortgage Loan Amount: $9,328
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2025

    Market Valuation

  • Market Total Value: $209,316
  • Market Land Value: $18,938
  • Market Improvement Value: $190,378

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,000
  • Assessed Land Value: $17,100
  • Assessed Improvements Value: $171,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 15, 2020
  • Current Sale Recording Date: Oct 29, 2020
  • Current Sale Transaction ID: 11850776166
  • Current Sale Price: $190,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2569581
  • Previous Sale Recording Date: Feb 08, 2011
  • Previous Sale Contract Date: Jan 25, 2011
  • Previous Sale Amount: $73,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Mortgage Transaction Date: Oct 29, 2020
  • First Mortgage Loan Amount: $186,558
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: M&I MARSHALL & ILSLEY BANK
  • Previous Mortgage Transaction Date: Feb 08, 2011
  • Previous Mortgage Loan Amount: $58,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2041

About Racine



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Frequently Asked Questions

What neighborhood is 923 Florence Avenue located in?
The 923 Florence Avenue is a house located in the neighborhood of Racine in Racine, Racine.
What is the average sales price for listings in 923 Florence Avenue?
The average sales price for units in 923 Florence Avenue is $0 currently.

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