NOT LISTED FOR SALE

Estimated Value: $420,309

-- Bed
-- Bath
2,480 Sq Ft
$169/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $260,000 $105 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,725/month

About This Home

As of February 2020

Completely remodeled Class A office space. Solid Cherry doors and woodwork, granite tops and counters, stone covered desk. Building was gutted down to the block and studs in 2014. New furnaces, C/A units, EPDM rubber roofing, siding, stone on building, ceilings, walls and floors replaced new in 2014. Working custom built waterfall was added in reception area. Kitchenette area with appliances. Conference room and 7 offices including 5 cubicles with granite tops. Parking lot has 19 spots and recently seal-coated and striped. $30,000.00 outside digital sign included is wi-fi controlled and has animation ability for drive by traffic. Covered pavilion has a built-in grille for office entertainment. This an extremely nice property. Zoning is B1, office and retail, to a certain retail category. General and regular sales, e.i., banks, auto part store, bakery and hardware store. Can not be used as a auto repair shop, convenient store or pawn shop and ect.

Last Agent to Sell the Property

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 01/03/2020

RE/MAX Concepts Bettendorf

Last Buyer's Agent

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 01/03/2020

RE/MAX Concepts Bettendorf

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,375

Year Built

  • Built in 1958

Lot Details

  • 0.37

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for real estate taxes, insurance, gas, heating

Property Details

Property Type

Other

Est. Annual Taxes

$6,375

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Retail
  • Year Built: 1958
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted
  • Other Access: None
  • Total Building Sq Ft: 2480
  • Estimated Lot Sq Ft: 16058

Exterior Features

  • Exterior Finish: Other Exterior Finish, Vinyl
  • Frontage Access: City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Membrane
  • Wall Construction: Block, Frame

Garage/Parking

  • Numberparking Spaces Allocated: 19

Utilities

  • Cooling: Central Air
  • Heating: Gas
  • Water Supply: Municipal/City

Association/Amenities

  • Amenities: Fiber Optics, Wireless Internet

Lot Info

  • Estimated Number of Acres: 0.37
  • Zoning: B-1
  • Geo Subdivision: IL
  • Property Use: Office Building

Rental Info

  • Owner Pays: Real Estate Taxes, Insurance, Gas, Heating
  • Sale Lease Includes: Building
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 6374.64
  • Parcel Id Number Tax Id: 07-11994
  • Tax Incentive: None
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 21, 2020
Sold by
Bassford Construction Llc
Bought by
Volz Timothy T
Seller's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
Buyer's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Current Estimated Value
$420,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,309
Avg. Annual Appreciation
8.84%
Original Mortgage
$269,000
Outstanding Balance
$238,181
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$182,128

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 14, 2020
Sold by
Bassford Construction Llc
Bought by
Volz Timothy T
Seller's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
Buyer's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Outstanding Balance
$238,181
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$182,128
Source: Public Records

Range of Values:

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Average Value
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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
Volz Timothy T $299,900 Churchill & Churchill Pc
Volz Timothy T $299,900 Churchill & Churchill Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volz Timothy T $269,000
Closed Volz Timothy T $269,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2020 02/28/20 Sold $260,000 -13.3% $105 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $299,900 +76.4% $121 / Sq Ft
05/29/2014 05/29/14 Sold $170,000 -10.1% $69 / Sq Ft View Prior Sale
04/04/2014 04/04/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $189,000 -- $76 / Sq Ft
Source: RMLS Alliance

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 $6,248 $71,637 $16,994 $54,643
2023 $6,248 $65,964 $15,648 $50,316
2022 $5,683 $63,305 $15,017 $48,288
2021 $5,662 $60,521 $14,357 $46,164
2020 $6,111 $64,553 $14,117 $50,436
2019 $6,583 $69,053 $13,895 $55,158
2018 $6,348 $67,326 $13,547 $53,779
2017 $6,241 $66,266 $13,334 $52,932
2016 $6,083 $64,212 $12,921 $51,291
2015 $5,945 $62,756 $12,628 $50,128
2014 -- $63,383 $12,754 $50,629
2013 -- $63,383 $12,754 $50,629
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7041682

RMLS Alliance

APN: 17-03-112-008