9 months on rocket

1644 Packard Ave, Racine, WI, 53403

$184,900

Home List Price

$2,196*

Closing Credit

0 Baths
2,998 SqFt
$62/SqFt
Multi
Schools Nearby

Location

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1644 Packard Ave, Racine$184,900

Buyer Closing Credits

$2,196*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingInside Parking, Outside
Year Built1912
HeatingHot Water, Steam, Natural Gas
BasementYes
MLS #1841676
Lot Size0.10 Acres
StatusActive

About 1644 Packard Ave

Here's your opportunity to own one of the few licensed Rooming Houses/SROs in Racine! There are 9 individually leased furnished rooms upstairs and a recently remodeled 2 bedroom apartment below. The rooming house has a kitchen and bathroom shared by tenants and private bedrooms for each. The rooming house has a newly built interior staircase. All tenants are MTM. With recent tenants renting at $325/room/mo and in-place $900/mo lease for lower, this property is a cash cow! There is also 2 car garage that can be rented out for additional income along with a spacious basement that could be used for storage.

Property Details

Property Features

Property Information:

  • Year Built: 1912
  • Living Area: 2,998 SqFt

Listing Office:

  • Office Name: The Curated Key Collective
  • Office Phone: (262) 497-1198
  • Listing Agent: Kelsey Krimmer

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Inside Parking, Outside

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Steam, Natural Gas

School Info

Assigned Schools Information:

  • Park High School, Public District Grades 9-12
  • McKinley Middle School, Public District Grades 6-8
  • Knapp Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: 17th St to Packard. House is on the corner of 17th & Packard.

Municipality:

  • Racine

Price Information

Listing Price Info

Price Summary:

  • List Price: $184,900
  • Price Per SqFt: $62/SqFt

Tax Information:

  • Annual Amount: $4,360
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Racine, WI.

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Racine, WI

City

Med. Sold Price

$200K

Med. Price/SqFt

$148

Avg. Days On Market

3

# of Sold Homes

86

1644 Packard Ave vs Racine

294 DAYS ON ROCKET

+291 Days

$184,900

-$15.1K Less

$62/SqFt

-$86 Less

KEY TAKEAWAY

This property is $15.1K less than the Median Sold Price and $86/SqFt less than other homes in Racine, WI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WIREX_METRO
  • MLS Number: #1841676

Listing Office:

  • Office Name: The Curated Key Collective
  • Office Phone: (262) 497-1198
  • Listing Agent: Kelsey Krimmer

© 2024 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 11:25:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,360$86,000
2019$2,386$80,000
2018$2,305$75,000
2017$2,946$75,000

History based on county public records data.

Payment Calculator

$990

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3678977
2
/10

  • Knapp Elementary School

  • 2701 17th St

  • 0.55 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3678978
1
/10

  • McKinley Middle School

  • 2326 Mohr Ave

  • 1.19 miles

  • Public District Grades 6-8

High School

school-card-donut-3678979
3
/10

  • Park High School

  • 1901 12th St

  • 0.49 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,930. Typical income of Racine, WI residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Wisconsin›Racine County›Racine›53403›1644 Packard Ave

This home is located at 1644 Packard Ave in Racine, WI and zip code 53403 in the Uptown (The Junction) neighborhood. This 2,998 square foot home, which was built in 1912, sits on a 0.10 acre lot. It has been listed on Rocket Homes since July 10, 2023 and is currently priced at $184,900.

While more than 46 listings in Racine, WI in March 2024 were sold above asking price, there were more than 17 listings sold at asking price, and more than 23 were sold below. The inventory of homes for sale in Racine, WI between February 2024 and March 2024 increased by 4.3%. While the average time on the market in March 2024 was 3 days, the median list price was $200,000.

From Rocket Homes Real Estate and based on county public records data.

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