NOT LISTED FOR SALE

2707 Forest Ave Two Rivers, WI 54241

Estimated Value: $183,000 - $244,000

6 Beds
2 Baths
2,506 Sq Ft
$83/Sq Ft Est. Value

Last Sold March 03, 2025

Last sale price $178,000 $71 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,300/month

14 Days on Market

About This Home

As of March 2025

This turnkey duplex provides modern living and comfort that's sure to impress! Both units have been thoroughly renovated, offering many updates to ensure longevity! Located in a very desirable area close to stores, hospitals, schools and more! Don't miss this opportunity to own a great investment at a great price. Schedule your showing today! *This property is apart of a portfolio and the owner is willing to sell multiple properties in a package deal.

Last Agent to Sell the Property

David Peterson

Ruesch Realty License #94-93896 Listed on: 02/17/2025

Last Buyer's Agent

Non-Member Account

RANW Non-Member Account

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,521

Year Built

  • 1895

Lot Details

  • 0.28 Acre Lot
  • Corner Lot

Parking

  • 4 Parking Spaces

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,506 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,521

Year Built

1895

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Type: Duplex (2 Unit)
  • Stylebuilding Type: 2 Story, 2 Up and Down
  • Tax Municipality: Two Rivers, City of
  • Remarks Exclusions Public: Seller and Tenant Personal Property
  • Remarks Inclusions Public: 1 Refrigerator, 1 Stove
  • Total Units: 2
  • Unit Identifier: City of Two Rivers
  • Remarks Public: This turnkey duplex provides modern living and comfort that's sure to impress! Both units have been thoroughly renovated, offering many updates to ensure longevity! Located in a very desirable area close to stores, hospitals, schools and more! Don't miss this opportunity to own a great investment at a great price. Schedule your showing today! *This property is apart of a portfolio and the owner is willing to sell multiple properties in a package deal.
  • Tax Municipal Sub Area: None
  • Water Features Other: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1895

Interior Features

  • Source Total Fin Sq Ft: Assessor/Public Record
  • Sq Ft Fin Above Grade Est: 2506
  • Sq Ft Total Fin Above And Below: 2506

Exterior Features

  • Exterior Finish Of Building: Vinyl
  • Foundation For Building: Block

Garage/Parking

  • Number Of Total Parking Outside: 4
  • Building Parking: Outside

Utilities

  • Utilities: Sep Elec Meters/Unit, Sep Gas Meter/Unit, Sep Water Meter/Unit
  • Heating Cooling: Forced Air
  • Heating Fuel Type: Natural Gas
  • Number Of Furnaces: 2
  • Number Of Water Heaters: 2
  • Waste For Building: Municipal Sewer
  • Water For Building: Municipal Public Water

Lot Info

  • Estimated Acres: 0.28
  • Lot Description: Corner
  • Zoning: 2 Family/Duplex
  • Geo Address Line: 2707 Forest Ave
  • Geo Primary City: Two Rivers
  • Geo Quality: 0.95
  • Geo Subdivision: WI

Tax Info

  • Assessor Parcel Number: 53-153-001-081.05
  • Tax Net Amt: 2521.35

Multi Family

  • Number Of Refrigerators: 2
  • Total Numberof Buildings: 1
  • Bedrooms: 4

MLS Schools

  • School District: Two Rivers

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2025
Closed on
Mar 3, 2025
Sold by
Fox Valley Multifamily Llc
Bought by
Bergwin Michael
Seller's Agent
David Peterson
Ruesch Realty
Buyer's Agent
Non-Member Account
RANW Non-Member Account
List Price
$179,900
Sold Price
$178,000
Premium/Discount to List
-$1,900
-1.06%
Views
49
Current Estimated Value
$207,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,616
Avg. Annual Appreciation
20.37%

Purchase Details

Listed on
Jul 19, 2021
Closed on
Sep 13, 2021
Sold by
Hutterer Paul
Bought by
Fox Valley Multifamily Llc
Seller's Agent
Valerie Karlin
RE/MAX Port Cities Realtors
Buyer's Agent
MetroMLS NON
NON MLS
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$106,250
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 6, 2008
Sold by
Zich John L and Mulvey Ellen M
Bought by
Zresch Joseph M and Resch Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bergwin Michael $178,000 Town N Country Title
Fox Valley Multifamily Llc $125,000 First American Ttl Manitowoc
Zresch Joseph M $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fox Valley Multifamily Llc $106,250
Previous Owner Zresch Joseph M $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2025 03/03/25 Sold $178,000 -1.1% $71 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
02/17/2025 02/17/25 For Sale $179,900 +43.9% $72 / Sq Ft
09/15/2021 09/15/21 Sold $125,000 0.0% $52 / Sq Ft View Prior Sale
07/31/2021 07/31/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $125,000 -- $52 / 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 $2,576 $159,400 $21,000 $138,400
2023 $2,521 $94,900 $11,100 $83,800
2022 $2,365 $94,900 $11,100 $83,800
2021 $2,340 $94,300 $11,100 $83,200
2020 $3,656 $94,300 $11,100 $83,200
2019 $4,381 $94,300 $11,100 $83,200
2018 $3,255 $94,300 $11,100 $83,200
2017 $2,297 $94,300 $11,100 $83,200
2016 $2,316 $94,300 $11,100 $83,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    David Peterson

    Ruesch Realty

    (920) 655-5353

    6 in this area

    79 Total Sales

    David Peterson
    Section Image

  • N

    Buyer's Agent in 2025

    Non-Member Account

    RANW Non-Member Account

  • V

    Seller's Agent in 2021

    Valerie Karlin

    RE/MAX

    Section Image

  • M

    Buyer's Agent in 2021

    MetroMLS NON

    NON MLS

See All Agents

Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50303884

REALTORS® Association of Northeast Wisconsin

APN: 053-153-001-081.05

Wisconsin Manitowoc County Two Rivers 54241

2707 Forest Ave, Two Rivers, WI

Not Listed for Sale

MultiFamily

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