A commercial office building at 5439 Durand Ave. in Mount Pleasant sold on Oct. 11 for $3.95 million (click here for this week's property transfers).
The building sits on 2.83 acres of land at the corner of Durand and Wood Road across from Regency Mall. Current business there include Associated Bank, Habush, Habush & Rottier law firm, Tiferet Family Chiropractic, Investment Securities, and Enhanced Radiology.
The building was assessed at $2.9 million last year and the previous owner, Daniel Genzel of Pewaukee, paid $45,780.67 in property taxes.
For the week, there were 72 property transfers in Racine County with a median sale price of $165,000. Here are the weekly averages broken down by community and the number of transaction for each community:
Weekly Averages (# of property transfers)
Burlington - $183,892.31 (13)
Caledonia - $277,950.00 (6)
Dover - $164,950.00 (2)
Elmwood Park - $0 (0)
Mount Pleasant - $505,156.93 (14)
Norway - $247,000.00 (2)
Racine - $85,275.00 (25)
Rochester - $221,450.00 (2)
Sturtevant - $239,186.33 (3)
Union Grove - $278,327.00 (1)
Waterford - $230,500.00 (2)
Yorkville - $352,500.00 (1)
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