NOT LISTED FOR SALE

1500 E Le Claire Rd Eldridge, IA 52748

Estimated Value: $827,091

-- Bed
-- Bath
3,744 Sq Ft
$221/Sq Ft Est. Value

Last Sold October 18, 2013

Last sale price $325,000 $87 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $5,533/month

977 Days on Market

About This Home

As of October 2013

Very high visibility location, NE corner of Highway 62 and LeClaire Road, with two very well maintained office spaces. Suitable for many uses in growing Eldridge community. Previously utilized as a car dealership. Priced below appraised Value.

Last Agent to Sell the Property

Ryan Fick

Mel Foster Co. Davenport License #B60366000/475.150139 Listed on: 01/28/2011

Mel Foster Co. Davenport

Co-Listed By

Robert Fick

Mel Foster Co. Davenport License #B04230000/471.005315

Last Buyer's Agent

John Ruhl

NAI Ruhl Commercial Company License #B31626000/471.019895

NAI Ruhl Commercial Company

Property Details

Property Type

  • Other

Year Built

  • Built in 1995

Lot Details

  • 2

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for all

Property Details

Property Type

Other

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 1995
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Min Ceiling Ht Feet: 10
  • Min Ceiling Ht Inches: 120
  • Total Building Sq Ft: 3564
  • Estimated Lot Sq Ft: 87,120 S.F.

Exterior Features

  • Exterior Finish: Vinyl
  • Frontage Access: Corner Lot, City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Comp Shingle
  • Wall Construction: Tiltup Concrete

Garage/Parking

  • Numberparking Spaces Allocated: 50

Utilities

  • Cooling: Central Air
  • Heating: Forced Air

Association/Amenities

  • Amenities: Cable, Wireless Internet

Lot Info

  • Estimated Number of Acres: 2
  • Zoning: C-3
  • Geo Subdivision: IA

Rental Info

  • Owner Pays: All
  • Sale Lease Includes: Building, Land
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 10092
  • Parcel Id Number Tax Id: 931249101
  • Tax Incentive: None
  • Tax Year: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2021
Sold by
Style Development Corp
Bought by
Martinez Property Investments Llc
Current Estimated Value
$827,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$470,410
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$356,681

Purchase Details

Listed on
Jan 28, 2011
Closed on
Oct 18, 2013
Sold by
Valley Bank
Bought by
Style Development Corp
Seller's Agent
Ryan Fick
Mel Foster Co. Davenport
Buyer's Agent
John Ruhl
NAI Ruhl Commercial Company
List Price
$595,000
Sold Price
$325,000
Premium/Discount to List
-$270,000
-45.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$260,000
Interest Rate
4.59%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 17, 2010
Sold by
Mccabe Jeffrey and Mccabe Diane
Bought by
Valley Bank
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
Martinez Property Investments Llc $700,000 None Available
Style Development Corp $325,000 None Available
Valley Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Property Investments Llc $560,000
Previous Owner Style Development Corp $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2013 10/18/13 Sold $325,000 -45.4% $87 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
01/28/2011 01/28/11 For Sale $595,000 -- $159 / 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
2025 $14,442 $713,200 $250,200 $463,000
2024 $14,362 $664,700 $200,200 $464,500
2023 $10,330 $664,700 $200,200 $464,500
2022 $9,558 $490,300 $202,500 $287,800
2021 $9,558 $490,300 $202,500 $287,800
2020 $9,364 $483,140 $202,500 $280,640
2019 $9,286 $483,140 $202,500 $280,640
2018 $9,710 $483,140 $202,500 $280,640
2017 $4,348 $483,140 $202,500 $280,640
2016 $7,844 $411,830 $0 $0
2015 $7,844 $0 $0 $0
2014 $7,980 $0 $0 $0
2013 $9,680 $0 $0 $0
2012 -- $337,740 $168,750 $168,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7024537

RMLS Alliance

APN: 931249101