1245 Dr Martin Luther King Dr
Racine, WI 53404
2 bd 1 ba 1,005 sqft Built 1890 Lot 5,227 sqft single_family
Most recent sale
$16,500
Oct 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 13, 2022 | Sold | $16,500 | MLS #1814936 |
| May 24, 2022 | Price changed | $49,900 | MLS #1788065 |
| Apr 19, 2022 | Listed | $60,000 | MLS #1788065 |
| Aug 3, 2020 | Listed | $34,900 | MLS #1702314 |
| Dec 21, 2016 | Listing removed | $29,000 | MetroMLS |
| Sep 9, 2016 | Listed | $29,000 | MLS #1496292 |
| Mar 26, 2009 | Sold | $30,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $35,400 | $7,900 | $43,300 | $1,144 |
| 2023 | $25,100 | $7,900 | $33,000 | $916 |
| 2022 | $25,100 | $7,900 | $33,000 | $899 |
| 2021 | $22,100 | $7,900 | $30,000 | $916 |
| 2020 | $22,100 | $7,900 | $30,000 | $898 |
| 2019 | $20,100 | $7,900 | $28,000 | $823 |
| 2018 | $18,100 | $7,900 | $26,000 | $780 |
| 2017 | $17,100 | $7,900 | $25,000 | $867 |
| 2016 | $15,100 | $7,900 | $23,000 | $820 |
| 2015 | $15,100 | $7,900 | $23,000 | $820 |
| 2014 | $15,100 | $7,900 | $23,000 | $1,221 |
| 2013 | $13,100 | $11,900 | $25,000 | $836 |
| 2012 | $15,100 | $11,900 | $27,000 | $861 |
| 2011 | $166,000 | $87,000 | $253,000 | $898 |
| 2010 | $18,100 | $11,900 | $30,000 | $898 |
| 2009 | $19,100 | $11,900 | $31,000 | $861 |
| 2008 | $19,100 | $11,900 | $31,000 | $816 |
| 2007 | $21,400 | $6,600 | $28,000 | $603 |
Property facts
Year built
1890
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,005 sqft
Lot size
5,227 sqft
ZIP code
53404
City
Racine
Street
Dr Martin Luther King Dr
Coordinates
42.73679, -87.79559
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$99
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1245 Dr Martin Luther King Dr last sell?
1245 Dr Martin Luther King Dr most recently sold on Oct 13, 2022 for $16,500.
What is the current tax assessment for 1245 Dr Martin Luther King Dr?
The most recent total assessment for 1245 Dr Martin Luther King Dr (year 2025) is $43,300 with $1,144 in property tax.
How does 1245 Dr Martin Luther King Dr's assessment compare to its last sale price?
The current assessment is 162.4% above the last sale price of $16,500.
When was 1245 Dr Martin Luther King Dr built?
1245 Dr Martin Luther King Dr was built in 1890.
How does 1245 Dr Martin Luther King Dr compare to others on Dr Martin Luther King Dr?
We track 8 other properties on Dr Martin Luther King Dr. Browse the list under "Other properties on Dr Martin Luther King Dr" to compare beds, baths, and sale history.
What are the property facts for 1245 Dr Martin Luther King Dr?
1245 Dr Martin Luther King Dr is a 2 bed, 1 bath, 1,005 sqft, 5,227 sqft lot single_family.
Is 1245 Dr Martin Luther King Dr a flip candidate?
No — 1245 Dr Martin Luther King Dr does not appear in our flips dataset.
Is 1245 Dr Martin Luther King Dr a tax-appeal candidate?
Yes — 1245 Dr Martin Luther King Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.0%
Implied 1-yr
+7.9%
2026 Q1
$168.4K
2026 Q2
$171.4K
ZIP 53404 — Median Price History + Forecast
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