Neighborhood
409 Wickham Blvd, Racine, WI 53405
2 beds · 1 bath · 696 sq ft · Lot: 4,792 sq ft · Single Family Home · Last Sold: $102K in 2005 · Built: 1941
Est. Value:
$104K
Est. Rent:
$1.9K/month

409 Wickham Blvd Racine, WI 53405

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2 beds · 1 bath · 696 sq ft · Lot Size: 4,792 sq ft · Single Family Home · Island Park
Est. Property Value: $103,923

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409 Wickham Blvd 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 696 sq ft with 2 bedrooms and 1 bathroom and sits on a 4792 sq ft lot. According to public records, it was last sold in 2005 for $101,900 and has a tax-assessed value of $113,100, which is $149 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 409 Wickham Blvd Racine, WI 53405 with Property Intel by Whitepages.

Investment Potential for 409 Wickham Blvd

The property has a current estimated value of $103,923, which is 17% below the neighborhood median, based on public records. It last sold on August 15, 2005 for $102K. Projected long-term
is $22,200 annually ($1,850 per month) with a 92% occupancy rate.

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Long-Term

Gross Rental
$22,200 per year($1,850 per month)
Net Operating Income
Cap Rate
Occupancy Rate
92%in 53405 zip code
 
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Owners & Occupancy for 409 Wickham Blvd

This property is owned by Kevin J Molina. Owner contact information includes 4 phone numbers and 3 email addresses.

Property Owners

Cell Phone(414) ***-****View Cell Phone
Residence**********
Landline
Distance from Property**********
Email Address*************@gmail.comView Email

Property Ownership Information

Purchase DateAugust 15, 2005
Property Tax Amount$2,357 in 2023
Purchase Price$101,900

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 49
Resident 2**************** age 45

Property Details for 409 Wickham Blvd

Property Details

Property Sq Ft

Living Area

696 sq ft

18% below market

Lot Size

4,792 sq ft

0% above market

Price Per Sq Ft

Living Area

$149 / sq ft

2% below market

Lot Size Area

$22 / sq ft

11% below market

Property condition, age, exterior, etc. for 409 Wickha…
Longitude: -87.807337 Latitude: 42.728064 Parcel Number (APN): 06945000…
Mortgage originated on through lender: Wells Fargo Bk Na for$*****View Mortgage Details
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Discover more single family homes near 409 Wickham Blvd 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 409 Wickham Blvd in Racine County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$103,923
$179,332
-$75,408 (-42%)
$299,171
-$111,128 (-37%)
YoY Price Change
3.42%
-36%
Year Built
1941
1949
-8 years
Living Space
696 sq ft
1,024 sq ft
-328 (-32%)
$ Per Living Sq Ft
$149
$174
-$25 (-14%)
Lot Size
4,792 sq ft
6,750 sq ft
-1958 (-29%)
$ Per Lot Sq Ft
$22
$26
-$4 (-16%)

Net Operating Income
$15,641
$459 (3%)
Annual Revenue
$22,200
$23,400
-$1,200 (-5%)
$6,949
-$849 (-12%)
Net Operating Income
$15,641
$459 (3%)
Cap Rate
8.27%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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