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1316 Erie STREET, Racine, WI, 53402

2beds
2baths
1,600sqft
$129,500
$81price/sqft
$1,143/moest. monthly cost
$45,720/yrincome needed

About This Home

Step into this charming 1.5 story single family just blocks from North Beach Park and the buzz of downtown Racine. Enjoy the conveniences of having a full bathroom on each floor along with a main level laundry room. Several bonus spaces throughout await new purpose and meaning. A fenced back yard will make great for barbeques and gatherings. Could be ideal for first time buyers and/or an investment property. Home Warranty included for peace-of-mind.

Getting Around

75
WalkingVery Walkable
48
TransitSome Transit
70
BikeVery Bikeable

Schools

--
Janes Elementary SchoolGrades PK-50.1 mi
--
Gilmore Middle SchoolGrades 6-81.1 mi
3/10
Horlick High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1873

Materials

  • Construction materials: Aluminum Siding,Aluminum/Steel

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Oven,Range,Washer

Basement

  • Has basement: Yes
  • Basement: Full,Stone

Bedroom2

  • Level: Upper
  • Area: 176

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Family Room

  • Level: Main
  • Area: 224

Features

  • High Speed Internet

Heating

  • Heating features: Natural Gas,Forced Air

Interior Area

  • Total structure area: 1,600
  • Total interior livable area: 1,600 sqft

Kitchen

  • Level: Main
  • Area: 204

Living Room

  • Level: Main
  • Area: 225

Master Bedroom

  • Level: Upper
  • Area: 195

Property

Details

  • Parcel number: 01785000
  • Zoning: R3

Features

  • Levels: One and One Half
  • Stories: 1
  • Fencing: Fenced Yard
  • Living area range: 1501-1750

Lot

  • Lot size: 5,662 sqft
  • Features: Sidewalks

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Hail
Heat Wave
Inland Flooding
Lightning
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $654$7,848
Home Insurance *$53$636
Property Taxes $265$3,180
Electricity $171$2,054
Total$1,143$13,716
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$39,188/yr
40% on housing$34,290/yr
45% on housing$30,480/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -2.3%
-2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$81This listing

vs Other Active Listings

Avg $/sqft

ZIP 53402$201
Racine County$249

vs Homes Sold Last Month

Median $/sqft

ZIP 53402$169
Racine County$175

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-13Pending sale$149,900
2026-05-11Price change$149,900
2026-04-08Price change$159,900
2026-03-20Listed for sale$169,900
2024-03-28Sold$129,900
2024-03-12Pending sale$129,900
2024-01-29Contingent$129,900
2024-01-05Price change$129,900
2023-11-03Price change$139,900
2023-09-19Listed for sale$150,000
2012-01-03Sold$48,478

For Sale by Agent

AgentJordan Schultz
BrokerageShorewest Realtors, Inc.

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