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Single Family ResidenceResidential
$102,155$110 / 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 83How 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

1503 DR MARTIN LUTHER KING DR

RACINE, WI 53404
2
Beds
1
Baths
925 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.
2,657 ft²
Lot SizeThe size of the land the home sits on, from county records.
1880
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$102K
$85K low$119K 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.$102,155
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$81,724

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,088 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$83,700 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$5,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$77,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$83,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$93,199

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.30
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
5
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 Residence
CountyRacine
Lot (acres)The size of the land the home sits on, from county records.0.06
HeatingThe type of heating system in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

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

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

H
Horlick High SchoolD+
High · Grades 9–12 · 0.9 mi
M
Jerstad-Agerholm SchoolF
Middle · Grades KG–8 · 1.7 mi
E
Olympia Brown Elementary SchoolB-
Elementary · Grades KG–5 · 4.6 mi

District: Racine School District

Neighborhood · ZIP 53404These 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.124
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.28

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.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.9.2%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.16%
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.15,031
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,347 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$49,007
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$60,913
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.Absentee owner
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

1503 Dr Martin Luther King Dr 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 98% of homes in Racine County
  • Costs less per square foot than 89% of homes in Racine County
  • Smaller than 91% of homes in Racine County
  • Among the smallest lots in Racine County
  • Older than 98% of homes in Racine County

What homes are worth in Racine 53404

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

This home
$70K$457K

This home is worth more than 12% of homes in Racine 53404.

How it measures up in Racine 53404

The dot is this home. The mark in the middle is the typical home in Racine 53404.

Estimated value$102,155
CheaperTypical $181,155Pricier

Pricier than 12% of homes nearby

Price per ft²$110
CheaperTypical $144Pricier

Pricier than 37% of homes nearby

Living area925 ft²
SmallerTypical 1,293 ft²Bigger

Bigger than 12% of homes nearby

Lot size2,657 ft²
SmallerTypical 0.14 acBigger

Bigger than 2% of homes nearby

Year built1880
OlderTypical 1939Newer

Newer than 6% of homes nearby

How 1503 Dr Martin Luther King Dr ranks against every home in each area.
MeasureThis homeThe 11th WardRacine 53404Racine County
Estimated valuepricier than$102,15545% of homes12% of homes2% of homes
Price per ft²pricier than$11087% of homes37% of homes11% of homes
Living areabigger than925 ft²14% of homes12% of homes9% of homes
Lot sizebigger than2,657 ft²4% of homes2% of homesalmost no homes
Year builtnewer than188021% of homes6% of homes2% of homes

About 1503 Dr Martin Luther King Dr

How much is 1503 Dr Martin Luther King Dr, Racine, WI worth?

The TopHap Estimate for 1503 Dr Martin Luther King Dr, Racine, WI is $102,155 as of Jul 14, 2026. The likely range is $84,964 to $119,346. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 1503 Dr Martin Luther King Dr, Racine, WI?

1503 Dr Martin Luther King Dr, Racine, WI has 2 bedrooms, 1 bathrooms, 925 square feet of living space and a 0.06-acre lot.

When was 1503 Dr Martin Luther King Dr, Racine, WI built?

1503 Dr Martin Luther King Dr, Racine, WI was built in 1880, making it 146 years old. The building has 1 story.

What schools serve 1503 Dr Martin Luther King Dr, Racine, WI?

1503 Dr Martin Luther King Dr, Racine, WI is assigned to Horlick High School (high), rated D+; Jerstad-Agerholm School (middle), rated F; Olympia Brown Elementary School (elementary), rated B-. All sit in Racine School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1503 Dr Martin Luther King Dr, Racine, WI compare to other homes in Racine 53404?

Among the 3,993 homes in Racine 53404, it is worth more than 12% of them ($102,155 against a typical $181,155), its price per square foot is higher than 37% of them ($110 against a typical $144), it is bigger than 12% of them (925 ft² against a typical 1,293 ft²), its lot is bigger than 2% of them (2,657 ft² against a typical 0.14 ac) and it is newer than 6% of them (1880 against a typical 1939). Measured against all of Racine County, it is worth more than 2% 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 1503 Dr Martin Luther King Dr, Racine, WI?

The 2024 property tax bill for 1503 Dr Martin Luther King Dr, Racine, WI was $2,088. The county assessed it at $83,700.

More homes on Dr Martin Luther King Dr

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