Listed by Martin Defatte • Shorewest Realtors, Inc. Bought with Shorewest Realtors, Inc.
Off market sep 2022 for $145K
$156,999
Est. refi paymentEst. refi$974/mo
6
bd
•
2 ba
•
1,738
sq ft
1922 Prospect St, Racine, WI 53404
About this home
Public Remarks: IF CASH FLOW IS WHAT YOU ARE LOOKING FOR. .. look no further! This two-family home offers 3 bedrooms in each unit. 2 gas and electric meters. Off-street parking. One long term tenant (7 years) and with $1,100. per month in income. .. well you can do the math. Act fast as this one will not last! Priced $30,000 below city assessment. Not a short sale or foreclosure. Square footage per tax records; not verified by broker.
Multi-familyProperty Type
1920Year Built
4,008 sq ftLot Size
$90Est. Price/Sq.Ft.
1 spaceParking
Listed by Martin Defatte• Shorewest Realtors, Inc.
Bought with Martin Defatte• Shorewest Realtors, Inc.
Source:MetroMLS as distributed by WIREX #1209894
Redfin Estimate
$156,999
$12K since sold in September 2022$1,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 20.4% lower than the average sale price ($197K) of 6 comparable homes.
IF CASH FLOW IS WHAT YOU ARE LOOKING FOR. .. look no further! This two-family home offers 3 bedrooms in each unit. 2 gas and electric meters. Off-street parking. One long term tenant (7 years) and with $1,100. per month in income. .. well you can do the math. Act fast as this one will not last! Priced $30,000 below city assessment. Not a short sale or foreclosure. Square footage per tax records; not verified by broker.
MetroMLS as distributed by WIREX #1177875
Oct 9, 2012
Listed
$29,000
$17/sq ft
Oct 9, 2012
Listing Removed
—
Jan 17, 2011
Sold
$15,000
$9/sq ft
Public Remarks
Bank owned property. No Condition report. As Is - seller & agent make no warranty or representation of any kind to the condition of property or components. Bank will not make any additional repairs & will not credit buyers for closing costs and/or pre-payables. Priced to move well below assessed value! Great starter for investors. Bank says Make offer!
Public Records
May 21, 2012
Sold
$28,000
$16/sq ft
Public Records
May 15, 2002
Sold
$45,500
$26/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,702 (+8.8%)
$14,600 + $94,500
$109,100
2024
$2,484 (−7.8%)
$14,600 + $85,900
$100,500
2023
$2,694 (+20.2%)
$14,600 + $77,400
$92,000
2022
$2,241 (−1.7%)
$14,600 + $69,400
$84,000
2021
$2,280 (+2.2%)
$14,600 + $61,400
$76,000
2020
$2,231 (+9.5%)
$14,600 + $61,400
$76,000
2019
$2,037 (+4.6%)
$14,600 + $55,400
$70,000
2018
$1,948 (−3.7%)
$14,600 + $50,400
$65,000
2017
$2,022 (−1.8%)
$14,600 + $48,400
$63,000
2016
$2,059 (+3.8%)
$14,600 + $48,400
$63,000
2014
$1,984
$14,600 + $48,400
$63,000
Tax history for 1922 Prospect St
Year
Property tax
Land + Additions
Assessment*
2025
$2,702 (+8.8%)
$14,600 + $94,500
$109,100
2024
$2,484 (−7.8%)
$14,600 + $85,900
$100,500
2023
$2,694 (+20.2%)
$14,600 + $77,400
$92,000
2022
$2,241 (−1.7%)
$14,600 + $69,400
$84,000
2021
$2,280 (+2.2%)
$14,600 + $61,400
$76,000
2020
$2,231 (+9.5%)
$14,600 + $61,400
$76,000
2019
$2,037 (+4.6%)
$14,600 + $55,400
$70,000
2018
$1,948 (−3.7%)
$14,600 + $50,400
$65,000
2017
$2,022 (−1.8%)
$14,600 + $48,400
$63,000
2016
$2,059 (+3.8%)
$14,600 + $48,400
$63,000
2014
$1,984
$14,600 + $48,400
$63,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-3
Limited General Residence District
The R3 limited general residence district is intended to provide areas which are to be occupied substantially by single-family and two-family dwellings and attached dwellings. It is designed to accommodate limited apartment dwellings while maintaining a low density owner-occupancy character.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Educational/school
Recreation
Golf related
Park & open space
Property details
Interior
Bathroom Information
# of Full Baths: 2
Room Information
# of Rooms: 10
Exterior
Exterior Information
Physical Condition: Fair
Building Style Type: Multi-Family
Exterior Wall: Frame
Building Type: Two Family
Property Information
Subdivision Name: PLEASANT VIEW
Living Sq. Ft: 1,738
# of Stories: 2
Legal Description: BLK 1 PLEASANT VIEW LOT 6
Lot Information
# of Buildings: 1
Land Sq. Ft: 4,008
Legal Lot Number: 6
Legal Block Number: 1
Acres: 0.092
Zoning Code: R3
County Use Description: TWO FAMILY
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 6
Baths: 2.0
Sq. Ft.: 1,738
Stories: 2.0
Lot Size: 4,008 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: —
County: Racine County
APN: 07532000
Home facts updated by county records on Sep 8, 2026
Around this home
Schools
Wadewitz Elementary School
Public PreK-5 • Assigned • 1.0mi
5/10
Park High School
Public 7-12 • Assigned • 1.1mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 95° expected this year, 13 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Racine, WI • 53404
Average low and high temperatures (°F)
28
14
36
21
49
32
56
39
62
47
76
61
82
67
77
63
72
57
64
49
49
37
34
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.1 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10.1 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$150,000 – $181,000
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