NOT LISTED FOR SALE

Estimated Value: $535,826

-- Bed
-- Bath
-- Sq Ft
0.44 Acres

Last Sold December 04, 2017

Last sale price $194,300

Est. 176% increase in value since last sale

Current estimated payment $3,030/month

About This Home

As of June 2022

This 50' x 100' warehouse is available for lease. 480 volt, 400 amp, 3 phase with step down transformer to 220 volt, 200 amp single phase. Radiant heat, small mezzanine. Includes shop bath. Private septic and shared well.

Last Agent to Rent the Property

Chris Thomas

Thomas Real Estate Development, Inc. License #B55994000/471.005808 Listed on: 02/28/2022

Last Renter's Agent

Chris Thomas

Thomas Real Estate Development, Inc. License #B55994000/471.005808 Listed on: 02/28/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,276

Year Built

  • 1975

Lot Details

  • 0.44

Utilities

  • Radiant Ceiling

Listing and Financial Details

  • Tenant pays for all
  • The owner pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$2,276

Year Built

1975

Lot Details

0

Rental Info

  • Lease Dollar Sq Ft: 6
  • Lease Type: Net
  • Owner Pays: All
  • Sale Lease Includes: Building
  • Tenant Pays: All
  • Terms Lease: Yearly, 2 Years, 3 Years, 4 Years, 5 Years, Other Term/Lease

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial, Warehouse
  • Lvt Date: 02/28/2022
  • Three Phase: Yes
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 1975

Interior Features

  • Flooring: Concrete
  • Maximum Ceiling Ht Feet: 16
  • Maximum Ceiling Ht Inch: 4
  • Min Ceiling Ht Feet: 14
  • Total Building Sq Ft: 5960
  • Estimated Lot Sq Ft: 19165

Exterior Features

  • Exterior Finish: Brick, Steel
  • Frontage Access: Cul-De-Sac
  • Insulation: Roof, Side Walls
  • Roof Construction: Metal
  • Wall Construction: Brick, Steel/ST Fram

Utilities

  • Cooling: None
  • Heating: Radiant Ceiling
  • Water Supply: Shared Well

Lot Info

  • Estimated Number of Acres: 0.44
  • Zoning: Commercial
  • Geo Subdivision: IA

Tax Info

  • Annual Taxes: 2276
  • Parcel Id Number Tax Id: 932533316
  • Tax Incentive: None
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2017
Closed on
Nov 21, 2017
Sold by
Sab Properties Llc
Bought by
Thomas Real Estate Development Inc
Seller's Agent
Richard Schaefer
NAI Ruhl Commercial Company
Buyer's Agent
Chris Thomas
Thomas Real Estate Development, Inc.
List Price
$199,900
Sold Price
$194,300
Premium/Discount to List
-$5,600
-2.8%
Current Estimated Value
$535,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,526
Avg. Annual Appreciation
13.42%
Original Mortgage
$157,600
Outstanding Balance
$132,374
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$403,181

Purchase Details

Listed on
Jul 13, 2015
Closed on
Oct 9, 2015
Sold by
Mueller Kimberly M
Bought by
Sab Properties Llc
Seller's Agent
Richard Schaefer
NAI Ruhl Commercial Company
Buyer's Agent
Richard Schaefer
NAI Ruhl Commercial Company
List Price
$195,000
Sold Price
$160,000
Premium/Discount to List
-$35,000
-17.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Original Mortgage
$120,000
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Thomas Real Estate Development Inc $194,500 None Available
Sab Properties Llc $160,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Real Estate Development Inc $157,600
Previous Owner Sab Properties Llc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2022 06/10/22 Rented $98,340 0.0% --
02/28/2022 02/28/22 For Rent $98,340 0.0% --
12/04/2017 12/04/17 Sold $194,300 -2.8% -- View Prior Sale
10/13/2017 10/13/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $199,900 +24.9% --
10/09/2015 10/09/15 Sold $160,000 -17.9% -- View Prior Sale
08/11/2015 08/11/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $195,000 -- --
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 $2,564 $216,300 $53,400 $162,900
2024 $2,542 $199,000 $38,300 $160,700
2023 $2,416 $199,000 $38,300 $160,700
2022 $2,160 $180,430 $23,960 $156,470
2021 $2,160 $180,430 $23,960 $156,470
2020 $2,278 $180,440 $23,960 $156,480
2019 $2,380 $180,440 $23,960 $156,480
2018 $2,448 $180,440 $23,960 $156,480
2017 $2,488 $180,440 $23,960 $156,480
2016 $2,434 $178,120 $0 $0
2015 $2,434 $166,460 $0 $0
2014 $2,314 $166,460 $0 $0
2013 $3,382 $0 $0 $0
2012 -- $136,410 $28,750 $107,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4230625

RMLS Alliance

APN: 932533316