NOT LISTED FOR SALE

1582 37th Ave Moline, IL 61265

Prospect Park Neighborhood
Studio
-- Bath
1,611 Sq Ft
0.46 Acres

Last Sold April 03, 2020

Last sale price $100,000 $62 Per Sq Ft

161 Days on Market

About This Home

As of April 2020

Stable investment property in a good location in Moline. Two tenants, fully leased, Listing Agents have financial information. Priced at a 9.8% cap rate.

Last Agent to Sell the Property

Jim Tansey

Hawkeye Commercial Real Estate License #B44393000/471.017923 Listed on: 09/05/2019

Co-Listed By

David Gellerman

Hawkeye Commercial Real Estate License #B41332000/471.018117

Last Buyer's Agent

Pieter Hanson

BUY SELL BUILD QC - Real Broker, LLC License #S60247000/475.150863

Property Details

Property Type

  • Other

Year Built

  • Built in 1977

Lot Details

  • 0.46

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Property Details

Property Type

Other

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Year Built: 1977
  • Handicap Modified: Unknown
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted, Tile/Vinyl
  • Other Access: None
  • Total Building Sq Ft: 2842
  • Estimated Lot Sq Ft: 19984

Exterior Features

  • Exterior Finish: Wood Siding
  • Frontage Access: Paved 2Lane, City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Comp Shingle
  • Wall Construction: Frame

Utilities

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

Lot Info

  • Estimated Number of Acres: 0.46
  • Zoning: O-1
  • Geo Subdivision: IL
  • Property Use: Office Building

Rental Info

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

Tax Info

  • Annual Taxes: 10283.44
  • Parcel Id Number Tax Id: 9836
  • Tax Incentive: None
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Apr 1, 2020
Sold by
16Th Street Ali Corporation
Bought by
Jiang Family Llc
Seller's Agent
Jim Tansey
Hawkeye Commercial Real Estate
Buyer's Agent
Pieter Hanson
BUY SELL BUILD QC - Real Broker, LLC
List Price
$160,000
Sold Price
$100,000
Premium/Discount to List
-$60,000
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,688
Outstanding Balance
$110,218
Interest Rate
3.4%
Mortgage Type
New Conventional
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
Jiang Family Llc $100,000 Bush Motto Creen Koury & Halli
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Family Llc $124,688
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2020 04/03/20 Sold $100,000 -37.5% $62 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
09/05/2019 09/05/19 For Sale $160,000 -- $99 / 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 $5,074 $58,176 $32,735 $25,441
2023 $5,074 $53,569 $30,143 $23,426
2022 $4,615 $51,410 $28,928 $22,482
2021 $4,598 $49,149 $27,656 $21,493
2020 $4,575 $48,328 $27,194 $21,134
2019 $10,665 $111,867 $26,766 $85,101
2018 $10,283 $109,071 $26,097 $82,974
2017 $10,111 $107,353 $25,686 $81,667
2016 $9,855 $104,025 $24,890 $79,135
2015 $9,631 $101,667 $24,326 $77,341
2014 -- $102,683 $24,569 $78,114
2013 -- $102,683 $24,569 $78,114
Source: Public Records

Agents Affiliated with this Home

  • Jim Tansey

    Seller's Agent in 2020

    Jim Tansey

    Hawkeye Commercial Real Estate

    (319) 645-0088

    4 in this area

    37 Total Sales

    Jim Tansey
    Section Image
  • David Gellerman

    Seller Co-Listing Agent in 2020

    David Gellerman

    Hawkeye Commercial Real Estate

    (319) 645-0087

    3 in this area

    72 Total Sales

    David Gellerman
    Section Image
  • Pieter Hanson

    Buyer's Agent in 2020

    Pieter Hanson

    BUY SELL BUILD QC - Real Broker, LLC

    (563) 529-4000

    11 in this area

    223 Total Sales

    Pieter Hanson
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC7041113

RMLS Alliance

APN: 17-09-304-018

Illinois Rock Island County Moline 61265 Prospect Park

1582 37th Ave, Moline, IL

Not Listed for Sale

Other

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