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351 Merrie Ln

Racine, WI 53405

3 bd 2 ba 1,439 sqft Built 1951 Lot 12,197 sqft single_family
Most recent sale
$215,000
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $215,000 MLS #1800271
Jun 30, 2022 Listed $210,000 MLS #1800271
May 31, 2012 Sold $108,000 Public Record
May 17, 2012 Listing removed $118,000 MetroMLS
Feb 13, 2012 Listed $118,000 MLS #1240952

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $174,200 $20,800 $195,000 $4,555
2023 $135,200 $20,800 $156,000 $3,699
2022 $121,200 $20,800 $142,000 $3,412
2021 $108,200 $20,800 $129,000 $3,466
2020 $108,200 $20,800 $129,000 $3,466
2019 $100,200 $20,800 $121,000 $3,198
2018 $96,200 $20,800 $117,000 $3,265
2017 $93,200 $20,800 $114,000 $3,384
2016 $87,200 $20,800 $108,000 $3,271
2015 $87,200 $20,800 $108,000 $3,319
2014 $87,200 $20,800 $108,000 $3,163
2013 $84,000 $26,000 $110,000 $3,204
2012 $90,000 $26,000 $116,000 $3,303
2011 $100,000 $26,000 $126,000 $3,179
2010 $107,000 $26,000 $133,000 $3,179
2009 $115,000 $26,000 $141,000 $3,220
2008 $115,000 $26,000 $141,000 $3,100
2007 $120,400 $17,600 $138,000 $2,975

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,439 sqft
Lot size
12,197 sqft
ZIP code
53405
City
Racine
Street
Merrie Ln
Coordinates
42.72845, -87.82160

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,159
Gross rental yield
12.05%
Implied cap rate
7.83%
Trend-extrapolated value

Frequently asked questions

When did 351 Merrie Ln last sell?
351 Merrie Ln most recently sold on Aug 12, 2022 for $215,000.
What is the current tax assessment for 351 Merrie Ln?
The most recent total assessment for 351 Merrie Ln (year 2025) is $195,000 with $4,555 in property tax.
How does 351 Merrie Ln's assessment compare to its last sale price?
The current assessment is 9.3% below the last sale price of $215,000.
When was 351 Merrie Ln built?
351 Merrie Ln was built in 1951.
How does 351 Merrie Ln compare to others on Merrie Ln?
We track 8 other properties on Merrie Ln. Browse the list under "Other properties on Merrie Ln" to compare beds, baths, and sale history.
What are the property facts for 351 Merrie Ln?
351 Merrie Ln is a 3 bed, 2 bath, 1,439 sqft, 12,197 sqft lot single_family.
Is 351 Merrie Ln a flip candidate?
No — 351 Merrie Ln does not appear in our flips dataset.
Is 351 Merrie Ln a tax-appeal candidate?
No — 351 Merrie Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.7%
2026 Q3
$236.7K
2026 Q4
$238.8K
ZIP 53405 — Median Price History + Forecast

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