14 days on rocket

1028 Pearl St, Racine, WI, 53403

$85,000

Home List Price

$1,009*

Closing Credit

0 Baths
1,825 SqFt
$47/SqFt
House

Location

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1028 Pearl St, Racine$85,000

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

ParkingDetached, 1 Car, 1 Space
Attached Garage1 space
Year Built1874
BasementYes
MLS #1899911
Lot Size0.11 Acres
StatusActive

About 1028 Pearl St

This property offers a fantastic opportunity for investors looking to add value through renovation. Originally a single-family, Its spacious units and classic architectural details provide a solid foundation for transformation. Newer mechanicals, updated electrical, roof, siding, windows, and gutter replacement within the past 10 years make this property a blank slate for any investor. Although Unit#1 is listed as a one-bedroom, there is a den/office that the previous owners used as a bedroom. Unit#2's living room with closet could be a 3rd bedroom. 1.5 garage w/additional driveway parking makes this an ideal property for tenants. While it requires some rehab work, the potential for increased rental income and property value is significant. Value-priced for a quick sale!

Property Details

Property Features

Property Information:

  • Year Built: 1874
  • Living Area: 1,825 SqFt

Listing Office:

  • Office Name: Compass RE WI-Northshore
  • Office Email: kels@compass.com
  • Listing Agent: Three60 Real Estate Solutions Team*

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Detached, 1 Car, 1 Space

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Other

Directions Information:

  • Directions: Washington Ave to 11th to Pearl Street.

Municipality:

  • Racine

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000
  • Price Per SqFt: $47/SqFt

Tax Information:

  • Annual Amount: $1,569
  • 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

$203.1K

Med. Price/SqFt

$154

# of Sold Homes

68

1028 Pearl St vs Racine

14 DAYS ON ROCKET

$85,000

-$118.1K Less

$47/SqFt

-$107 Less

KEY TAKEAWAY

This property is $118.1K less than the Median Sold Price and $107/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: #1899911

Listing Office:

  • Office Name: Compass RE WI-Northshore
  • Office Email: kels@compass.com
  • Listing Agent: Three60 Real Estate Solutions Team*

© 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: 12/4/2024, 2:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 05, 2008Home Sold
$22,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,569$58,000
2019$1,436$55,000
2018$1,823$51,000
2017$1,488$49,000

History based on county public records data.

Payment Calculator

$492

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

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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.

Nearby Schools

school-card-donut-32756
6
/10

  • Jefferson Lighthouse Elementary School

  • 1722 W 6th St

  • 0.56 miles

  • Public Magnet Grades KG-5

school-card-donut-32757
1
/10

  • Julian Thomas Elementary School

  • 930 Dr Martin Luther King Dr

  • 0.82 miles

  • Public District Grades KG-5

school-card-donut-32758
2
/10

  • Knapp Elementary School

  • 2701 17th St

  • 1.15 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,180. Typical income of Racine, WI residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1028 Pearl St

What is the listing price of this property?

The listing price of 1028 Pearl St property is $85,000.

What type of property is this?

The property 1028 Pearl St is a house located in Racine, Wisconsin, 53403.

Is this property for sale now?

Active Listing: 1028 Pearl St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,569 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 5, 2008 for $22,900. (source: MLS/tax record).

What is the square footage of this property?

The property 1028 Pearl St is 1,825 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1028 Pearl St is 1874.

Rocket Homes›Wisconsin›Racine County›Racine›53403›1028 Pearl St

This home is located at 1028 Pearl St in Racine, WI and zip code 53403 in the Midtown neighborhood. This 1,825 square foot home, which was built in 1874, sits on a 0.11 acre lot. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $85,000.

While more than 25 listings in Racine, WI in November 2024 were sold above asking price, there were more than 16 listings sold at asking price, and more than 27 were sold below. Between October 2024 and November 2024, Racine, WI real estate market has seen increase in the number of listings by 1.8%.

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

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