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Single Family ResidentialResidential
$227,780$157 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

1240 GROVE AVE

RACINE, WI 53405
3
Beds
1
Baths
1,454 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.11 ac
Lot SizeThe size of the land the home sits on, from county records.
1903
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$228K
$219K low$236K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$52,770
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$42,216
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.76%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$175,010
PENNYMAC LOAN SERVICES LLC · recorded Oct 16, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,217 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$186,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$18,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$168,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$164,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$199,134

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.29
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
47
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
65
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
33
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountyRACINE
Lot (acres)The size of the land the home sits on, from county records.0.11
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(3)

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Fratt Elementary SchoolC+
Elementary · Grades KG–5 · 0.4 mi
H
Park High SchoolC+
High · Grades 9–12 · 0.6 mi
M
Mitchell SchoolF
Middle · Grades KG–8 · 1.3 mi

District: Racine School District

Neighborhood · ZIP 53405These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.98
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.30

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.21%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.25,331
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,749 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$66,464
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$83,982
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.35 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1240 Grove Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 73% of homes in Racine County
  • Costs less per square foot than 73% of homes in Racine County
  • Has a smaller lot than 90% of homes in Racine County
  • Older than 98% of homes in Racine 53405

What homes are worth in Racine 53405

Each bar is how many homes fall in that price range. The marker is this home.

This home
$123K$528K

This home is worth more than 51% of homes in Racine 53405.

How it measures up in Racine 53405

The dot is this home. The mark in the middle is the typical home in Racine 53405.

Estimated value$227,780
CheaperTypical $226,836Pricier

Pricier than 51% of homes nearby

Price per ft²$157
CheaperTypical $186Pricier

Pricier than 29% of homes nearby

Living area1,454 ft²
SmallerTypical 1,281 ft²Bigger

Bigger than 63% of homes nearby

Lot size0.11 ac
SmallerTypical 0.14 acBigger

Bigger than 14% of homes nearby

Year built1903
OlderTypical 1949Newer

Newer than 2% of homes nearby

How 1240 Grove Ave ranks against every home in each area.
MeasureThis homeWest RacineRacine 53405Racine County
Estimated valuepricier than$227,78070% of homes51% of homes27% of homes
Price per ft²pricier than$15746% of homes29% of homes27% of homes
Living areabigger than1,454 ft²63% of homes63% of homes51% of homes
Lot sizebigger than0.11 ac21% of homes14% of homes10% of homes
Year builtnewer than19034% of homes2% of homes9% of homes

About 1240 Grove Ave

How much is 1240 Grove Ave, Racine, WI worth?

The TopHap Estimate for 1240 Grove Ave, Racine, WI is $227,780 as of Jul 14, 2026. The likely range is $219,161 to $236,399. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1240 Grove Ave, Racine, WI last sell?

1240 Grove Ave, Racine, WI last sold on Oct 16, 2024, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 1240 Grove Ave, Racine, WI?

1240 Grove Ave, Racine, WI has 3 bedrooms, 1 bathrooms, 1,454 square feet of living space and a 0.11-acre lot.

When was 1240 Grove Ave, Racine, WI built?

1240 Grove Ave, Racine, WI was built in 1903, making it 123 years old. The building has 2 stories.

What schools serve 1240 Grove Ave, Racine, WI?

1240 Grove Ave, Racine, WI is assigned to Fratt Elementary School (elementary), rated C+; Park High School (high), rated C+; Mitchell School (middle), rated F. All sit in Racine School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1240 Grove Ave, Racine, WI compare to other homes in Racine 53405?

Among the 9,115 homes in Racine 53405, it is worth more than 51% of them ($227,780 against a typical $226,836), its price per square foot is higher than 29% of them ($157 against a typical $186), it is bigger than 63% of them (1,454 ft² against a typical 1,281 ft²), its lot is bigger than 14% of them (0.11 ac against a typical 0.14 ac) and it is newer than 2% of them (1903 against a typical 1949). Measured against all of Racine County, it is worth more than 27% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1240 Grove Ave, Racine, WI?

The 2025 property tax bill for 1240 Grove Ave, Racine, WI was $5,217. The county assessed it at $186,500.

Closest homes

More homes in Racine 53405

Assigned schools

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