NOT LISTED FOR SALE

Estimated Value: $408,318

Studio
-- Bath
3,440 Sq Ft
$119/Sq Ft Est. Value

Sale Details

Date Sold: February 27, 2025

Last sale price $200,000 $58 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,605 / mo

205 Days on Market

Highlights

  • 1.24 Acre Lot
  • Central Air
  • Paved or Partially Paved Lot
  • Outdoor Storage

About This Home

As of February 2025

Great high traffic high exposure office or retail use location. Former bank property now used for retail purposes is extremely well built. This property offers a 3440 sq ft main building floor plan with full basement and a 3600 sq ft storage building behind. Asphalt parking lot serves the property with easy access in and out of the location off Memorial Dr. The back half of the property is a vacant lot which would provide endless additional development possibilities. Located next door to the Manitowoc Surgery Center and a block from Aurora Hospital, and the Memorial Dr Veterinary Clinic.

Last Agent to Sell the Property

George Krause Jr.

Park Regency Real Estate LLC License #51721-90 Listed on: 06/24/2024

Last Buyer's Agent

George Krause Jr.

Park Regency Real Estate LLC License #51721-90 Listed on: 06/24/2024

Property Details

Property Type

  • Other

Lot Details

  • 1.24 Acre Lot
  • Property fronts a state road
  • Paved or Partially Paved Lot

Parking

  • 25 Parking Spaces

Home Design

  • 3,440 Sq Ft Home
  • Brick Exterior Construction
  • Composition Roof

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Central Air
  • 220 Volts

Additional Features

  • Restroom Available
  • Outdoor Storage

Listing and Financial Details

  • Exclusions: All fixtures, equipment, Inventory & personal property of the tenant.
  • Assessor Parcel Number 131002010

Property Details

Property Type

Other

Lot Details

1.24 Acres

Listing Details

  • Property Sub Type: Commercial/Industrial
  • Prop. Type: Comm/Industrial
  • Lot Size Acres: 1.24
  • Road Frontage Type: State Road, High Visibility, Paved Road, Paved Lot
  • Inclusions: None
  • Directions: Located on Memorial Dr between Manitowoc & Two Rivers right at the corner of Memorial & Spruce Dr
  • Property Information:Est Total Sq Ft: 3440
  • Special Features: None

Interior Features

  • Has Basement: Full, Block
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exclusions: All fixtures, equipment, Inventory & personal property of the tenant.
  • Construction Type: Brick, Wood
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 25

Utilities

  • Green Building Features: Pole Sign, Rest Rooms, 220 Volt Power, Outside Storage
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Municipal Sewer

Lot Info

  • Lot Size Sq Ft: 54014.4
  • Parcel #: 131002010

Tax Info

  • Tax Annual Amount: 5032
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Feb 25, 2025
Sold by
Bought by
Seller's Agent
George Krause Jr.
Park Regency Real Estate LLC
Buyer's Agent
George Krause Jr.
Park Regency Real Estate LLC
List Price
$395,000
Sold Price
$200,000
Premium/Discount to List
-$195,000
-49.37%
Current Estimated Value
$408,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,318
Original Mortgage
$187,000
Interest Rate
0.0704%
Mortgage Type
New Conventional
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$200,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $187,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/27/2025 02/27/25 Sold $200,000 -49.4% $58 / Sq Ft
01/27/2025 01/27/25 For Sale $395,000 0.0% $115 / Sq Ft
12/25/2024 12/25/24 Off Market $395,000 -- --
06/24/2024 06/24/24 For Sale $395,000 -- $115 / Sq Ft
Source: Metro MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,261 $346,500 $138,500 $208,000
2024 $5,423 $308,400 $132,300 $176,100
2023 $3,048 $308,400 $132,300 $176,100
2022 $4,746 $182,500 $27,500 $155,000
2021 $4,829 $182,500 $27,500 $155,000
2020 $5,198 $182,500 $27,500 $155,000
2019 $5,160 $182,500 $27,500 $155,000
2018 $5,044 $182,500 $27,500 $155,000
2017 $4,921 $182,500 $27,500 $155,000
2016 $5,115 $182,500 $27,500 $155,000
2015 $2,761 $182,500 $27,500 $155,000
2014 $2,684 $182,500 $27,500 $155,000
2013 $2,807 $182,500 $27,500 $155,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Metro MLS

MLS Number: 1880801

Metro MLS

APN: 052-131-002-010.00

Your Personal Tour Guide

Ask me questions while you tour the home.