NOT LISTED FOR SALE

w180n5155 Marcy Rd Menomonee Falls, WI 53051

Estimated Value: $543,000

48 Acres
$11,312 Price per Acre
2,090,880 Sq Ft Lot

Last Sold June 03, 2014

Last sale price $875,000

Est. 38% decrease in value since last sale

Current estimated payment $3,268/month

735 Days on Market

Highlights

  • Horses Allowed in Community
  • 48 Acre Lot
  • Level Lot
  • Marcy Elementary School Rated A
  • Wooded Lot

About This Lot

As of June 2014

DEVELOP, or create your estate and bring the horses, hunt deer in your back yard,or hike to the pretty pond on the north end and watch the ducks AND GEESE! 48 acres of nature, home and investment. Fertile soil in demand from local farmers, so rent it out and take advantage of tax benefits. Active spring on the south end. Same owner for many decades. Current home on the property dates to about 1870. 3 car garage for more rent! Aerial photo with property outlined available, just send an email!

Last Agent to Sell the Property

Eric Lenz

North Shore Homes, Inc. License #12998-90 Listed on: 11/30/2011

Last Buyer's Agent

Eric Lenz

North Shore Homes, Inc. License #12998-90 Listed on: 11/30/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,263

Lot Details

  • 48 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned AG

Utilities

  • Well Required
  • Conventional Septic
  • Septic System
  • Phone Available

Community Details

  • Horses Allowed in Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,263

Lot Details

0

Listing Details

  • Prop. Type: Vacant Land
  • Directions: SILVER SPRING RD TO MARCY RD (180w), SOUTH TO PROPERTY
  • New Construction: No
  • Cleared Acreage: Over 40 to 80 acres
  • Full Street Address: w180n5155 MARCY ROAD
  • Lot Acreage: 48.0
  • Municipality Type: Village
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Out Buildings: Livable, Residence

Utilities

  • Utilities: Electricity, Natural Gas, Telephone
  • Water Waste: Private Septic System, Conventional Septic Available, Well, Private Septic System Required, Well Required

Schools

  • School District: Hamilton
  • Junior High Dist: Hamilton

Lot Info

  • Zoning: AG
  • Acreage Range: 20+
  • Lot Description: Level, Low, Sloping, Wooded, Raw Land, Easement(s) Under Ground, Easement(s), Horses Permitted

Tax Info

  • Tax Year: 2010
  • Total Taxes: 3263.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Quiet Wood Development Llc
Bought by
Redford Builders Llc
Current Estimated Value
$543,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,175
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2025
Sold by
Quiet Wood Development Llc
Bought by
Kolbeck Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,594,600
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2025
Sold by
Quiet Wood Development Llc
Bought by
Korndoerfer Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,594,600
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2023
Sold by
Wruck Thomas V and Wruck Sherry L
Bought by
Ouiet Wood Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2011
Closed on
Jun 2, 2014
Sold by
Pignet Thomas P
Bought by
Wruck Thomas and Wruck Sherry L
Seller's Agent
Eric Lenz
North Shore Homes, Inc.
Buyer's Agent
Eric Lenz
North Shore Homes, Inc.
List Price
$875,000
Sold Price
$875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.10%
Original Mortgage
$725,000
Interest Rate
4.34%
Mortgage Type
Purchase Money Mortgage
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
Redford Builders Llc $219,900 None Listed On Document
Mullin Holly R $274,900 None Listed On Document
Victory Companies Inc $429,800 None Listed On Document
Kolbeck Development Inc $214,900 None Listed On Document
Korndoerfer Homes Llc $264,900 None Listed On Document
Riopel Michael $264,900 None Listed On Document
Ouiet Wood Development Llc $5,000,000 Land Title
Wruck Thomas $875,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Victory Companies Inc $840,000
Closed Victory Companies Inc $161,175
Previous Owner Riopel Michael $1,594,600
Previous Owner Ouiet Wood Development Llc $3,000,000
Previous Owner Wruck Thomas $725,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2014 06/03/14 Sold $875,000 0.0% --
12/04/2013 12/04/13 Pending -- -- --
11/30/2011 11/30/11 For Sale $875,000 -- --
Source: Metro MLS

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 $3,229 $233,100 $130,200 $102,900
2023 $2,696 $233,100 $130,200 $102,900
2022 $3,191 $188,100 $91,000 $97,100
2021 $3,013 $188,100 $91,000 $97,100
2020 $2,976 $188,100 $91,000 $97,100
2019 $3,013 $188,100 $91,000 $97,100
2018 $2,869 $188,100 $91,000 $97,100
2017 $2,763 $188,100 $91,000 $97,100
2016 $2,831 $188,100 $91,000 $97,100
2015 $2,958 $188,100 $91,000 $97,100
2014 $3,168 $188,100 $91,000 $97,100
2013 $3,168 $188,100 $91,000 $97,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1231884

Metro MLS

APN: MNFV-0129-994