NOT LISTED FOR SALE

Estimated Value: $365,000

-- Bed
-- Bath
-- Sq Ft
1.66 Acres

Last Sold November 30, 2022

Last sale price $275,000

Est. 33% increase in value since last sale

Current estimated payment $2,406/month

42 Days on Market

About This Home

As of November 2022

Former Metro Lab Building and adjacent house for sale. Building is 2-Story w/basement and is 11,454 sq ft. House is 1,002 sq ft. Property is located in Central City URTE.

Last Agent to Sell the Property

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 04/15/2022

Mel Foster Co. Commercial

Co-Listed By

Joe Wonio

Mel Foster Co. Commercial License #B61948000/475.170079

Last Buyer's Agent

Richard Weinstein

NAI Ruhl Commercial Company License #S38528000/475.135488

NAI Ruhl Commercial Company

Property Details

Property Type

  • Other

Lot Details

  • 1.66

Utilities

  • Forced Air Heating and Cooling System

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Land & Farm, Multi-Family, Office
  • Lvt Date: 04/18/2022
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring
  • Other Access: None
  • Total Building Sq Ft: 12456
  • Estimated Lot Sq Ft: 72309.60

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: City Street, Paved 4Lane
  • Insulation: Unknown
  • Roof Construction: Flat
  • Wall Construction: Brick

Utilities

  • Electric Company: Mid American
  • Cooling: Central Air
  • Heating: Forced Air
  • Security System: Yes
  • Utilities On-site: Electric, Gas, Phone, Sewer, Water
  • Water Supply: Municipal/City
  • Gas Company: Mid American
  • Water Company: Iowa American Water

Lot Info

  • Estimated Number of Acres: 1.66
  • Zoning: C-1
  • Easements Restrictions: Unknown
  • Land Description: Level
  • Property Type Use: Commercial
  • Geo Subdivision: IA
  • Fenced F: No
  • Property Use: Other Property Use, Medical Office, 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: 19252
  • Parcel Id Number Tax Id: D0064-30
  • Tax Incentive: Other Tax Incentive

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Nov 30, 2022
Sold by
Metropolitan Towers Llc
Bought by
Payne Properties Llc
Seller's Agent
Thad DenHartog
Mel Foster Co. Commercial
Buyer's Agent
Richard Weinstein
NAI Ruhl Commercial Company
List Price
$350,000
Sold Price
$275,000
Premium/Discount to List
-$75,000
-21.43%
Total Days on Market
42
Views
14
Current Estimated Value
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,000
Avg. Annual Appreciation
11.89%
Original Mortgage
$445,000
Interest Rate
6.95%
Mortgage Type
New Conventional
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
Payne Properties Llc $275,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Properties Llc $459,309
Closed Payne Properties Llc $445,000
Previous Owner Metropolitan Towers Llc $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $275,000 -21.4% --
05/27/2022 05/27/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $350,000 -- --
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
2024 -- $334,390 $186,750 $147,640
2023 $11,664 $381,180 $217,490 $163,690
2022 $19,464 $350,000 $217,490 $132,510
2021 $19,464 $581,030 $217,490 $363,540
2020 $19,324 $581,030 $217,490 $363,540
2019 $18,630 $563,730 $217,490 $346,240
2018 $18,664 $563,730 $217,490 $346,240
2017 $5,074 $563,730 $217,490 $346,240
2016 $18,326 $560,700 $0 $0
2015 $18,326 $782,200 $0 $0
2014 $26,954 $782,200 $0 $0
2013 $29,390 $0 $0 $0
2012 -- $782,200 $210,000 $572,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4232162

RMLS Alliance

APN: D0064-30