NOT LISTED FOR SALE

2050 Lincoln Way Clinton, IA 52732

Estimated Value: $246,147

-- Bed
-- Bath
700 Sq Ft
$352/Sq Ft Est. Value

Last Sold September 27, 2017

Last sale price $217,500 $311 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,711/month

56 Days on Market

About This Home

As of September 2017

Multi-use investment property consisting of 4,864 SF industrial warehouse with 16' ceilings, 4 drive-in doors, updated 700 SF office area with large reception area and 2 private offices, new ten unit (1,600 SF) storage units which rent for $50/month and one very nice remodeled 2 BR apartment with potential rental income of $700/month plus. New concrete drives and parking, rubber membrane roof and more. C-2 zoning. Great building for small industrial user looking for additional income from storage unites and apartment.

Last Agent to Sell the Property

Charlie Armstrong

NAI Ruhl Commercial Company License #S41067000/475.130998 Listed on: 05/03/2017

NAI Ruhl Commercial Company

Last Buyer's Agent

Charlie Armstrong

NAI Ruhl Commercial Company License #S41067000/475.130998 Listed on: 05/03/2017

NAI Ruhl Commercial Company

Property Details

Property Type

  • Other

Year Built

  • Built in 1970

Lot Details

  • 1.03

Utilities

  • Forced Air Heating and Cooling System
  • Partial Air Conditioning Available
  • Heating System Uses Gas

Property Details

Property Type

Other

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Reinforced Concrete
  • Maximum Ceiling Ht Feet: 16
  • Min Ceiling Ht Feet: 16
  • Other Access: None
  • Total Building Sq Ft: 6861
  • Estimated Lot Sq Ft: 44867

Exterior Features

  • Exterior Finish: Wood Siding, Concrete
  • Frontage Access: Unpaved, Inside Lot, City Street
  • Insulation: Party Walls, Roof, Side Walls
  • Roof Construction: Comp Shingle, Membrane
  • Wall Construction: Block, Frame

Garage/Parking

  • Numberparking Spaces Allocated: 16

Utilities

  • Cooling: Central Air, Partial
  • Heating: Forced Air, Gas, Electric
  • Volts: 110
  • Water Supply: Municipal/City

Association/Amenities

  • Amenities: Cable, Fiber Optics, Wireless Internet

Lot Info

  • Estimated Number of Acres: 1.03
  • Zoning: C-2
  • Geo Subdivision: IA
  • Property Use: Flex Space

Rental Info

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

Tax Info

  • Annual Taxes: 6346
  • Parcel Id Number Tax Id: 8070940000
  • Tax Incentive: In City Limit, Other Tax Incentive
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2010
Sold by
Dependable Drain And Plumbing Inc
Bought by
Vanz Properties Llc
Current Estimated Value
$246,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
5.14%
Mortgage Type
Credit Line Revolving
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
Vanz Properties Llc $124,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanz Properties Llc $140,000
Closed Vanz Properties Llc $99,200
Previous Owner Dependable Drain & Plumbing $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2017 09/27/17 Sold $217,500 -5.0% $311 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $229,000 -- $327 / 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 $4,934 $225,990 $20,380 $205,610
2023 $4,900 $225,990 $20,380 $205,610
2022 $6,734 $193,010 $20,380 $172,630
2021 $6,054 $193,010 $20,380 $172,630
2020 $6,054 $170,872 $18,962 $151,910
2019 $6,276 $170,872 $0 $0
2018 $6,408 $170,872 $0 $0
2017 $6,294 $170,872 $0 $0
2016 $6,346 $170,872 $0 $0
2015 $6,346 $183,480 $0 $0
2014 $6,872 $162,730 $0 $0
2013 $6,500 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7037213

RMLS Alliance

APN: 80-7094-0000