NOT LISTED FOR SALE

4308 Memorial Dr Two Rivers, WI 54241

Estimated Value: $319,000 - $378,000

6 Beds
4 Baths
2,300 Sq Ft
$151/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $330,000 $143 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,083/month

49 Days on Market

Highlights

  • Water Views
  • Enclosed Parking
  • Forced Air Heating System

About This Home

As of October 2024

PRIME investment opportunity! Three units in a phenomenal location on Lake Michigan! Each unit has a private entrance, 2 bedrooms and a full bathroom. All the kitchens offer plenty of cabinet and counter space, and all appliances are also included along with some furnishings plus the washer & dryers. Entire property has newer windows and a low maintenance exterior. All this in a desirable location just off the Mariners Trail right between Manitowoc and Two Rivers. Add this multi-unit property to your investment portfolio today as the views don't get better than this!

Last Agent to Sell the Property

August Richter

Keller Williams-Manitowoc License #76410-94 Listed on: 07/29/2024

Keller Williams-Manitowoc

Last Buyer's Agent

Tayler Brendel

Pleasant View Realty, LLC License #86476-94

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,282

Year Built

  • Built in 1930

Lot Details

  • 0.26 Acre Lot

Home Design

  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2,300 Sq Ft Home
  • Multi-Level Property
  • Water Views

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • Two Rivers High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Renters Personal Property.

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,282

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 3 washers, dryers, stoves, fridges, microwaves.
  • New Construction: No
  • Year Built: 1930
  • Cleared Acreage: Less than 1/2
  • Architecture: Other
  • Full Street Address: 4308 Memorial DRIVE
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.26
  • Municipality Type: City
  • Property Water Features: View of Water
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
  • Has Basement: Full, Laundry Facilities
  • Second Floor Total Sq Ft: 2300.00

Exterior Features

  • Exclusions: Renters Personal Property.
  • Exterior Building Type: Apartment Building
  • Exterior: (C) Stucco, Stucco/Slate, Vinyl

Garage/Parking

  • Garage/Parking: Extra Space Available, Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • High School: Two Rivers
  • Junior High Dist: Two Rivers

Lot Info

  • Zoning: B-3
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 2282.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Oct 17, 2024
Sold by
Dignus Investment Group Llc
Bought by
Trivers Rental Llc
Seller's Agent
August Richter
Keller Williams-Manitowoc
Buyer's Agent
Tayler Brendel
Pleasant View Realty, LLC
List Price
$320,000
Sold Price
$330,000
Premium/Discount to List
$10,000
3.12%
Views
38
Current Estimated Value
$347,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,010
Avg. Annual Appreciation
3.97%
Original Mortgage
$330,000
Outstanding Balance
$326,357
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$20,653

Purchase Details

Listed on
Jan 30, 2021
Closed on
Jun 4, 2021
Sold by
Duprey James R and Duprey Virginia A
Bought by
Dignus Investment Group Llc
Seller's Agent
Michael Grossman
Keller Williams - Manitowoc
Buyer's Agent
MetroMLS NON
NON MLS
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$186,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Trivers Rental Llc $330,000 None Listed On Document
Dignus Investment Group Llc $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trivers Rental Llc $330,000
Previous Owner Dignus Investment Group Llc $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $330,000 +3.1% $143 / Sq Ft
07/29/2024 07/29/24 For Sale $320,000 +36.2% $139 / Sq Ft
06/07/2021 06/07/21 Sold $235,000 0.0% $102 / Sq Ft View Prior Sale
04/02/2021 04/02/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $235,000 -- $102 / Sq Ft
Source: Metro MLS

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 $2,904 $179,200 $19,500 $159,700
2023 $2,282 $86,100 $5,000 $81,100
2022 $2,141 $86,100 $5,000 $81,100
2021 $2,131 $86,100 $5,000 $81,100
2020 $2,048 $86,100 $5,000 $81,100
2019 $2,113 $86,100 $5,000 $81,100
2018 $2,085 $86,100 $5,000 $81,100
2017 $2,092 $86,100 $5,000 $81,100
2016 $2,109 $86,100 $5,000 $81,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1885644

Metro MLS

APN: 053-315-019-040.02