Active

$495,000

5118 GRACELAND BOULEVARD, Mount Pleasant, WI 53406

--beds

--baths

1.87Acres

Unimproved Land

Built in ----

1.87 Acres Lot

$296,500 Zestimate^®

$--/sqft

$-- HOA

What's special

Amazing investment opportunity. 1.87 acre property that can have multi-unit dwellings built on. Currently has a home with a detached garage that is being rented for $1200 a month. Next to Graceland Arms Apartment Complex. Bring your creative investors!

9 days

301

8

Facts & features

Interior

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Garage
Has garage: Yes

Lot

Size: 1.87 Acres
Features: Level, Raw Land

Details

Additional structures: Garage(s), Residence
Parcel number: 151032212561000
Zoning: Res

Utilities & green energy

Sewer: Public Sewer
Water: Public, Municipal Water Required
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected

Community & HOA

Location

Region: Racine
Municipality: Mount Pleasant

Financial & listing details

Tax assessed value: $258,200
Annual tax amount: $4,400
Date on market: 4/24/2026
Listing terms: Sell in Entirety
Electric utility on property: Yes

Estimated market value

$296,500

$249,000 - $341,000

$1,739/mo

Price history

Date	Event	Price
4/24/2026	Listed for sale	$495,000+160.5%
Source: WIREX MLS #1959441 Report a problem
7/17/2007	Sold	$190,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,191 -17.8%	$258,200 +6.5%
2023	$5,101 +51.9%	$242,500 +21.8%
2022	$3,358 -7.5%	$199,100 +4%
2021	$3,633	$191,400 -0.4%
2020	--	$192,200 -14%
2019	$5,078 +62.9%	$223,500 +40.4%
2018	$3,117 +5.2%	$159,200 +6%
2017	$2,964 +11%	$150,200 +17.5%
2016	$2,670	$127,800
2015	$2,670 +5.8%	$127,800
2014	$2,523 -30.7%	$127,800
2013	$3,639 +4.8%	$127,800 -0.3%
2012	$3,473 -7.4%	$128,200 -11.5%
2011	$3,753 +11.2%	$144,900 -3.5%
2010	$3,375 +4.9%	$150,200
2009	$3,218 +10.5%	$150,200 -4%
2008	$2,913 +17.2%	$156,400
2007	$2,485 +4.1%	$156,400
2006	$2,388 -1.2%	$156,400 +19.4%
2005	$2,417 -0.5%	$131,000
2004	$2,428 +5.1%	$131,000
2003	$2,309 +20.9%	$131,000 +36%
2002	$1,910 -1.6%	$96,300
2001	$1,942 +2.8%	$96,300
2000	$1,889	$96,300

Find assessor info on the county website

Monthly payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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