1625 Phillips AVENUE, Racine, WI 53403
SOLDMAR 26, 2024

1625 Phillips AVENUE
Racine, WI 53403

  • Studio
  • Studio

$140,000

Last Sold: Mar 26, 2024
22% below list $180K
Est. Refi. Payment $993/mo*
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Homes for Sale Near 1625 Phillips AVENUE

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Local Information

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Description

This property is no longer available to rent or to buy. This description is from March 27, 2024
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 2 bedroom apartment below. The rooming house has a kitchen and bathroom and coin op washer and dryer that are shared by the tenants. All tenants are MTM. With recent tenants renting at $325/room/mo and in-place $775/mo lease for lower, this property is a cash cow! There are also 2-3 garage stalls that can be rented out for additional income. Pro Forma/operating statement available upon request.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 1625 Phillips AVENUE

Interior Features

Interior Details
Basement: Full
Appliances & Utilities
Appliances: Dryer, WasherDryerWasher
Heating & Cooling
Heating: Natural Gas,Hot Water/SteamHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No Fireplace

Exterior Features

Parking & Garage
No Attached GarageParking: Inside Parking,Outside
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1927
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: Duplex +, Rooming HouseArchitecture: Duplex +,Rooming House
Building
Construction Materials: Aluminum/Steel, Aluminum SidingNot a New Construction
Property Information
Condition: 21+ YearsNot Included in Sale: Tenant's Personal PropertyIncluded in Sale: Washer, Dryer, StoveParcel Number: 14245000

Price & Status

Price
List Price: $179,900

Active Status

MLS Status: Closed

Location

Direction & Address
City: Racine
School Information
Elementary School District: RacineJr High / Middle School District: RacineHigh School District: Racine

HOA

Association for this Listing: Metro MLS

Lot Information

Lot Area: 4791.6 sqft

Compensation

Buyer Agency Commission: 2.4Buyer Agency Commission Type: %Sub Agency Commission: 2.4Sub Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 1794735Living Area Range Units: Square FeetMunicipality: Racine
Last check for updates: about 18 hours ago
Listed by Kelsey Krimmer, (262) 497-1198
The Curated Key Collective
Bought with: Kim M Siewert
Originating MLS: Metro MLS
Source: WIREX MLS, MLS#1794735

Price History for 1625 Phillips AVENUE

DatePriceEventSource
03/26/2024$140,000Sold
WIREX MLS #1794735
02/01/2024ListingRemovedWIREX MLS #1794735
01/30/2024$179,900ContingentWIREX MLS #1794735
09/21/2023$179,900PriceChange
WIREX MLS #1794735
07/05/2023$205,000PriceChange
WIREX MLS #1794735
09/16/2022$225,000PriceChange
WIREX MLS #1794735
08/19/2022$245,000PriceChange
WIREX MLS #1794735
07/15/2022$250,000PriceChange
WIREX MLS #1794735
07/08/2022$279,000PriceChange
WIREX MLS #1794735
06/17/2022$294,500PriceChange
WIREX MLS #1794735
05/27/2022$304,500Listed For SaleWIREX MLS #1794735

Property Taxes and Assessment

Year2022
Tax$2,808
Assessment$103,000
Home facts updated by county records

Comparable Sales for 1625 Phillips AVENUE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1615 Phillips AVENUE, Racine, WI
0.02
Multi-Family Home
$149,500
08/25/23
4
2
1,820
1644 Phillips AVENUE, Racine, WI
0.05
Multi-Family Home
$142,000
10/04/23
7
2
1,912
1551 Packard AVENUE, Racine, WI
0.12
Multi-Family Home
$140,000
11/10/23
6
2
1,992
1644 Austin AVENUE, Racine, WI
0.15
Multi-Family Home
$138,000
02/26/24
3
2
-
1617 Morton AVENUE UNIT 1619, Racine, WI
0.16
Multi-Family Home
$121,000
08/25/23
5
2
-
1563 Packard AVENUE, Racine, WI
0.10
Multi-Family Home
$232,000
11/01/23
-
-
1920 16th STREET, Racine, WI
0.09
Multi-Family Home
$82,000
01/18/24
4
2
-
1629 Holmes AVENUE, Racine, WI
0.35
Multi-Family Home
$127,000
08/18/23
4
2
2,460

Assigned Schools

These are the assigned schools for 1625 Phillips AVENUE.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

What Locals Say about Racine

  • Dylan Shain
    "Nothing really makes the neighborhood special. Most people are nice. A lot of dogs in the neighborhood too. "
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  • Shenika Brown
    "I’ve lived in this area all my life and I love it for me and my family. It could use more parks and fun things for the kids to do "
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  • Nicholas Jones
    "The only thing that makes this neighborhood special is that it’s really close to the zoo and to the beach"
    1
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  • Trulia User
    "I live in that neighborhood before it's a good neighborhood to live in and if it's possible I would love to be able to live in the area again "
    1
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  • Trulia User
    "it seems to be a nice neighborhood and close to schools but I don't want to pay an arm or leg for something that's not worth it "
    6
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  • Trulia User
    "What makes my neighborhood special is when people decorate for the holidays. When everyone keeps their yard clean. When people kids can play together and get along. "
    1
    Flag
  • Trulia User
    "Trick or treating, meeting new friendly neighbors, seeing houses decorated throughout the holidays, and very busy roads depends on where you live"
    0
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  • Trulia User
    "I love the neighborhood everyone is real nice their are parks that you can go to grocery store is c close by transit is within walking distance you got a mc Donald's in the neighborhood hood and close to downtown "
    0
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  • Trulia User
    "a lot of family survive it it's not the worst but not great just good and busy that all half the people were born there "
    0
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  • Jo A. J.
    "We have a water park that the neighbors and their children attend during the summer months. There’s Bbq’s and also a park where we all have family gatherings."
    0
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  • Jo A. J.
    "Nice , quiet and neighborhood is a great place for children. Grocery stores and a good school is nearby. Transit transportation is not to far away if you need it. Parks nearby during the summertime for picnics and family barbecuing."
    18
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  • Julie S. N.
    "Great access to interstate or across town. two bus routes and many walkable locations. if it's all about location, this is the one!"
    0
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  • Alees66
    "Too much road construction makes getting around difficult. Otherwise it is easy to get to the lake, Milwaukee or Chicago "
    0
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  • Sarah M.
    "No events but quite and nice people that take care of their homes and yards.thats all I need. Thanks"
    4
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  • Jo A. J.
    "There’s dogs in my neighborhood they seem content. There’s not a lot of areas to run loose. Mostly the dogs are small. And the bigger dogs are on leashes. The deposits in my area are higher to own a pet. I wish there was a dog park near by. But there’s not any over here. "
    0
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  • Beardreams8
    "We all watch out for each other. We help each other with yard work. We welcome new comers. It's a great area. We have every nationality living here. "
    2
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  • Jo A. J.
    "This neighborhood is quiet and peaceful. And the neighbors are nice. And I’m near stores, it’s not a far drive to any destinations."
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  • Charoletta C.
    "Public transportation is available. Easy walk to beach and parks. The neighborhood is family oriented."
    2
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  • Stuart M.
    "I have friendly & helpful neighbors. They have let me know when my garage door was left open by mistake. They have let me borrow the rotary lawnmower and may push lawnmower could not cut grass because it was too long. Many of the people in the neighborhood have chatted with me while they are out walking their dogs. I feel safe much safer riding my ten speed bike on the streets here than I did with the heavy traffic in the Boston, MA. area."
    3
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  • Stuart M.
    "It has many quiet residential areas as well as big industry. It is close to the lake and has parks. I especially appreciate my friendly neighbors. I enjoy the bike paths but also feel safe riding with traffic when necessary. Gateway Technical Institute has many programs. I am utilizing one which the state is funding. I found reasonable rents here."
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  • Gunndarrie
    "I think it’s a nice commute there is nice houses stores and things to do for kids in the area. That’s Everything I Really Love The Community "
    7
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  • Will J.
    " my neighborhood is a very nice neighborhood to live in my neighborhood have multiple people who work"
    2
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  • Lyssarenee94
    "Most neighborhoods are clean and well maintained yards. Lots of birds singing and cookout smells in the summer."
    3
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  • Sarah M.
    "I’ve live here for almost 10 years Neighbors are friendly enough. Feel safe here and neighbors respect area and keep it clean. "
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  • Lauren_small
    "The Racine Zoo is with in walking distance. Also, it is just a short walk over the bridge to downtown. "
    2
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  • L
    "I see people walking their dogs. Some of them will let their dogs relieve themselves in your yard. Other than that, it's a nice place to live."
    2
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  • Jo A. J.
    "All of my neighbors are friendly, and helpful. It’s a neat and quiet area in the summer and winter months. There’s children and schools nearby. Also shopping and restaurants, great area to live in."
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  • Celio L. M.
    "everything is within couple miles.Lots of shopping, schools and hospital.frienly neighborhood pet friendly.in our neighborhood it is very safe."
    1
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  • Cassandra S.
    "Watch your children and keep to yourself. It’s a quiet area. Neighbors are friendly for the most part. Nice apartments. "
    1
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  • Johnavis63
    "very nice town with an abundance of employment opportunities. excellent dining, awesome library, public schools could use some improvements."
    0
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  • Jennifer M.
    "Busy street. Too many dogs off leash. Owners don't pick up after pets. Some animal theft from yards."
    0
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  • Sandra
    "it's an okay neighborhood to walk your dog never seems to be a problem for anyone living here it's a lot of dog owners here"
    1
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  • Sarah B.
    "Great neighborhood. Safe, family friendly, and close to the Racine Zoo. Walking distance to the zoo, lake, north beach, the oasis, etc. lots of families walking around the block with their kids and dogs. We have lived here a year and love it! "
    1
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  • Courtney
    "Walk with someone at all times and know where your kids are. Racine ha good parts but only the lucky get good homes"
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  • Mary E. S.
    "nobody walks dogs in my neighbor. we hardly never hear dogs in my neighborhood. I've been living for 6 yrs and have only seen about 5 people who actually walked their puppies."
    2
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  • Cyloew
    "there are young families, or older adults. Good mix, friendly. noise isn't to loud from the streets. lots of dog walkers in the summer and fall. "
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  • Jollijodi35
    "I describe this area ok to live in NOW SINCE THE REHABILITATION OF THE NEWER HOMES AND OLDER ONES. THIS AREA DO TO ALOT OF NEW COMERS MAINLY FROM THE CHICAGO AREA HAD TO RELOCATE DO TO THE UNCLEAN AND LOUD BEHAVIOR. "
    1
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  • Mariahnmckenzie21
    "I don’t know it’s all kinds of dog walkers in my neighborhood that walks their dog everyday.........."
    1
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  • Designs d.
    "almost everyone that has dogs walk them. most dog owners clean up after their dogs too. if a dog gets loose we usually hold the dog until the owner is located"
    3
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  • Mochachinna76
    "I think dog owners will feel comfortable in this neighborhood. There is a wide variety of people living here. I see people with their dogs walking the sidewalks alot. Please be sure to clean up after your pet and not to leave them unattended in the yard for extended periods of time. "
    1
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LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 1625 Phillips AVENUE

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Off Market Homes Near 1625 Phillips AVENUE

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1625 Phillips AVENUE, Racine, WI 53403 is a studio multi-family built in 1927. This property is not currently available for sale. 1625 Phillips AVENUE was last sold on Mar 26, 2024 for $140,000 (22% lower than the asking price of $179,900).