Neighborhood
312 Freres Ave, Racine, WI 53405
2 beds · 1 bath · 757 sq ft · Lot: 8,276 sq ft · Single Family Home · Built: 1941
Est. Value:
$136K
Est. Rent:
$1.9K/month

312 Freres Ave Racine, WI 53405

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2 beds · 1 bath · 757 sq ft · Lot Size: 8,276 sq ft · Single Family Home · Island Park
Est. Property Value: $136,294

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312 Freres Ave is in the Island Park neighborhood of Racine, WI. It is located in Racine County and ZIP code 53405. This Single Family Home was built in 1941 and is approximately 84 years old. The single family home spans 757 sq ft with 2 bedrooms and 1 bathroom and sits on a 8276 sq ft lot. According to public records, it was sold for $91,500 and has a tax-assessed value of $120,900, which is $180 per sq ft. The Island Park area of Racine has 102 residential homes with an average size of 846.5 sq ft. Analyze and compare real estate investment strategies for properties like this home at 312 Freres Ave Racine, WI 53405 with Property Intel by Whitepages.

Investment Potential for 312 Freres Ave

The property has a current estimated value of $136,294, which is 9% above the neighborhood median, based on public records. It last sold for $91,500. Projected long-term
is $22,800 annually ($1,900 per month) with a 92% occupancy rate.

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Long-Term

Gross Rental
$22,800 per year($1,900 per month)
Net Operating Income
Cap Rate
Occupancy Rate
92%in 53405 zip code
 
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Owners & Occupancy for 312 Freres Ave

This property is owned by Sandra L Wisnefski. Owner contact information includes 3 phone numbers and 3 email addresses.

Property Owners

Residence**********
Landline(562) 439-3995
Distance from Property**********
Email Address**********@att.comView Email

Property Ownership Information

Property Tax Amount$2,531 in 2023
Purchase Price$91,500

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 84

Property Details for 312 Freres Ave

Property Details

Property Sq Ft

Living Area

757 sq ft

11% below market

Lot Size

8,276 sq ft

73% above market

Price Per Sq Ft

Living Area

$180 / sq ft

18% above market

Lot Size Area

$16 / sq ft

32% below market

Property condition, age, exterior, etc. for 312 Freres…
Longitude: -87.811972 Latitude: 42.728771 Parcel Number (APN): 06895000…
Mortgage originated on through lender: UNKNOWN for$*****View Mortgage Details
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Recommended Properties in Island Park

Discover more single family homes near 312 Freres Ave in Racine, Wisconsin. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 312 Freres Ave in Racine County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$136,294
$179,332
-$43,037 (-24%)
$299,171
-$52,554 (-18%)
YoY Price Change
3.42%
-4%
Year Built
1941
1949
-8 years
Living Space
757 sq ft
1,024 sq ft
-267 (-26%)
$ Per Living Sq Ft
$180
$174
$6 (4%)
Lot Size
8,276 sq ft
6,750 sq ft
1526 (23%)
$ Per Lot Sq Ft
$16
$26
-$9 (-37%)

Net Operating Income
$15,641
$571 (4%)
Annual Revenue
$22,800
$23,400
-$600 (-3%)
$6,949
-$361 (-5%)
Net Operating Income
$15,641
$571 (4%)
Cap Rate
8.27%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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