NOT LISTED FOR SALE

1032 N Rapids Rd Manitowoc, WI 54220

Estimated Value: $160,739 - $229,000

4 Beds
2 Baths
1,402 Sq Ft
$139/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $199,900 $143 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,248/month

74 Days on Market

About This Home

As of June 2024

Property Id: 1523301

Very sharp 2 bedroom, 1 bath single family home available in Manitowoc! Stove, fridge, microwave, attached garage, and laundry hook-ups in the basement are included.

Tenant is responsible for all utilities and for lawn care and snow removal.

No smoking.
No pets.

Contact me today with any questions. Background and credit checks are required (with application fee). You are always welcome to fill out the application before the showing, but not required.

Last Agent to Sell the Property

Monte Reyment

Take Action Realty Group, LLC License #90-59422 Listed on: 03/21/2024

Last Buyer's Agent

Non-Member Account

RANW Non-Member Account

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,839

Year Built

  • 1936

Lot Details

  • 0.25 Acre Lot

Parking

  • 2 Parking Spaces

Home Design

  • Block Foundation

Interior Spaces

  • 1,402 Sq Ft Home
  • 1.5-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,839

Year Built

1936

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Type: Duplex (2 Unit)
  • Stylebuilding Type: 1.5 Story, 2 Up and Down
  • Tax Municipality: Manitowoc, City of
  • Remarks Exclusions Public: Furnishings are negotiable
  • Remarks Inclusions Public: 2 Refrigerators, 2 Stoves
  • Total Units: 2
  • Unit Identifier: City of Manitowoc
  • Remarks Public: This turnkey property is ready for tenants immediately. Currently used as a short term rental. Great location close to highway access and a short drive to the beach or downtown Manitowoc. Newer finishes for this 2 bedroom upper and 2 bedroom lower. Currently vacant for you to find your own tenants for a fresh start. Rents for short term rental averaged $3400 per month from June 23-March 24.
  • Tax Municipal Sub Area: None
  • Water Features Other: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1936

Interior Features

  • Source Total Fin Sq Ft: Assessor/Public Record
  • Sq Ft Fin Above Grade Est: 1402
  • Sq Ft Total Fin Above And Below: 1402
  • Price Per Sq Ft: 142.58

Exterior Features

  • Exterior Finish Of Building: Aluminum/Steel
  • Foundation For Building: Block

Garage/Parking

  • Number Of Total Parking Inside: 2
  • Number Of Total Parking Outside: 2
  • Building Parking: Attached, Detached

Utilities

  • Heating Cooling: Central A/C, Forced Air
  • Heating Fuel Type: Natural Gas
  • Number Of Ac Units: 1
  • Number Of Furnaces: 1
  • Number of Ranges: 2
  • Number Of Water Heaters: 1
  • Waste For Building: Municipal Sewer
  • Water For Building: Municipal Public Water
  • Monthly Water Expense: 1936

Schools

  • School District: Manitowoc

Lot Info

  • Estimated Acres: 0.25
  • Zoning: 2 Family/Duplex
  • Geo Address Line: 1032 N Rapids Rd
  • Geo Primary City: Manitowoc
  • Geo Quality: 0.95
  • Geo Subdivision: WI
  • Geo Zoom Level: 16

Tax Info

  • Assessor Parcel Number: 823101090
  • Tax Net Amt: 1838.93
  • Tax Year: 2023

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Washers: 1
  • Total Numberof Buildings: 1
  • Bedrooms: 2

MLS Schools

  • School District: Manitowoc

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Jun 3, 2024
Sold by
Gff Rentals Llc
Bought by
Manitowoc Buisness Development Llc
Seller's Agent
Monte Reyment
Take Action Realty Group, LLC
Buyer's Agent
Non-Member Account
RANW Non-Member Account
List Price
$199,900
Sold Price
$199,900
Views
118
Current Estimated Value
$194,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,465
Avg. Annual Appreciation
-2.63%
Original Mortgage
$148,000
Outstanding Balance
$146,795
Interest Rate
7.17%
Mortgage Type
Credit Line Revolving
Estimated Equity
$47,640

Purchase Details

Closed on
Dec 30, 2022
Sold by
Good Faith Funding Llc
Bought by
Gff Rentals Llc

Purchase Details

Listed on
Oct 7, 2021
Closed on
Jan 10, 2022
Sold by
Kakuk Salena J
Bought by
Zimba House Llc
Buyer's Agent
Monica Falk
EXIT Elite Realty
List Price
$129,000
Sold Price
$115,000
Premium/Discount to List
-$14,000
-10.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.49%
Original Mortgage
$89,633
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2017
Closed on
Mar 29, 2019
Sold by
Yohanek Edward J
Bought by
Kakuk Salena J
Buyer's Agent
Dean Dvorak
Action Realty
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$83,460
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 2015
Sold by
Yohanek Delores Ann
Bought by
Yohanek Edward J
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Manitowoc Buisness Development Llc $199,900 Town N Country Title
Gff Rentals Llc -- --
Zimba House Llc $115,000 None Listed On Document
Kakuk Salena J $85,000 First American Ttl Manitowoc
Yohanek Edward J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manitowoc Buisness Development Llc $148,000
Previous Owner Zimba House Llc $89,633
Previous Owner Zimba House Llc $80,500
Previous Owner Kakuk Salena J $83,460
Closed Zimba House Llc $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2024 09/07/24 For Rent $1,000 0.0% --
06/05/2024 06/05/24 Sold $199,900 0.0% $143 / Sq Ft
03/21/2024 03/21/24 For Sale $199,900 +73.8% $143 / Sq Ft
01/10/2022 01/10/22 Sold $115,000 -3.4% $90 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
10/31/2021 10/31/21 Price Changed $119,000 -7.8% $93 / Sq Ft
10/07/2021 10/07/21 For Sale $129,000 +51.8% $101 / Sq Ft
03/29/2019 03/29/19 Sold $85,000 -- $67 / Sq Ft
Source: REALTORS® Association of Northeast Wisconsin

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,982 $115,000 $20,200 $94,800
2023 $1,839 $115,000 $20,200 $94,800
2022 $1,671 $88,400 $20,200 $68,200
2021 $1,497 $88,400 $20,200 $68,200
2020 $1,926 $99,400 $20,200 $79,200
2019 $1,892 $99,400 $20,200 $79,200
2018 $1,865 $99,400 $20,200 $79,200
2017 $1,854 $99,400 $20,200 $79,200
2016 $1,922 $99,400 $20,200 $79,200
2015 $1,981 $99,400 $20,200 $79,200
2014 $1,930 $99,400 $20,200 $79,200
2013 $1,957 $99,400 $20,200 $79,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50288672

REALTORS® Association of Northeast Wisconsin

APN: 052-823-101-090.00