NOT LISTED FOR SALE

2297 Falcon Ave Bettendorf, IA 52722

Estimated Value: $1,292,245

-- Bed
-- Bath
6,955 Sq Ft
$186/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $629,000 $90 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $9,228/month

310 Days on Market

About This Home

As of January 2015

Operating presently as Frank's Pizza. Equipment package will be sold separately, but available. 1st floor 6955 SF and 2,151 SF in basement. AV is $621,850: Land is $278,000 and Building is $343,850.

Last Agent to Sell the Property

John Corelis

NAI Ruhl Commercial Company License #B03856000/475.061719 Listed on: 03/03/2014

NAI Ruhl Commercial Company

Last Buyer's Agent

Jim Tansey

Hawkeye Commercial Real Estate License #B44393000/471.017923

Property Details

Property Type

  • Other

Year Built

  • Built in 1994

Lot Details

  • 1.39

Utilities

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

Listing and Financial Details

  • Tenant pays for all

Property Details

Property Type

Other

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 1994
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood
  • Maximum Ceiling Ht Feet: 10
  • Other Access: None
  • Total Building Sq Ft: 6955
  • Estimated Lot Sq Ft: 249 x 242

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Paved 2Lane, Inside Lot
  • Insulation: Unknown
  • Roof Construction: Sloped
  • Wall Construction: Block, Frame

Garage/Parking

  • Numberparking Spaces Allocated: 60

Utilities

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

Lot Info

  • Estimated Number of Acres: 1.39
  • Zoning: Comm
  • Geo Subdivision: IA

Rental Info

  • Owner Pays: None
  • Sale Lease Includes: Building, Land
  • Tenant Pays: All
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 21992
  • Parcel Id Number Tax Id: 8409376041
  • Estimated Taxes Sq Ft: 3.16
  • Tax Incentive: In City Limit
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Ross Restaurant Inc
Bought by
Salinas Holdings Llc
Current Estimated Value
$1,292,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,031,250
Outstanding Balance
$849,268
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$442,977

Purchase Details

Listed on
Mar 3, 2014
Closed on
Jan 27, 2015
Sold by
Serra Bros Pa
Bought by
Ross Restaurant Inc
Seller's Agent
John Corelis
NAI Ruhl Commercial Company
Buyer's Agent
Jim Tansey
Hawkeye Commercial Real Estate
List Price
$765,000
Sold Price
$629,000
Premium/Discount to List
-$136,000
-17.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
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
Salinas Holdings Llc $1,250,000 None Listed On Document
Ross Restaurant Inc $599,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salinas Holdings Llc $1,031,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2015 01/30/15 Sold $629,000 -17.8% $90 / Sq Ft
01/07/2015 01/07/15 Pending -- -- --
03/03/2014 03/03/14 For Sale $765,000 -- $110 / 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 $29,566 $1,103,000 $491,300 $611,700
2024 $29,972 $1,078,400 $490,100 $588,300
2023 $20,496 $1,078,400 $490,100 $588,300
2022 $19,802 $766,010 $278,000 $488,010
2021 $19,802 $766,010 $278,000 $488,010
2020 $20,860 $788,700 $278,000 $510,700
2019 $20,558 $788,700 $278,000 $510,700
2018 $21,046 $788,700 $278,000 $510,700
2017 $7,098 $788,700 $278,000 $510,700
2016 $16,704 $651,160 $0 $0
2015 $16,704 $621,850 $0 $0
2014 $16,826 $621,850 $0 $0
2013 $19,246 $0 $0 $0
2012 -- $635,580 $278,000 $357,580
Source: Public Records

Agents Affiliated with this Home

  • John Corelis

    Seller's Agent in 2015

    John Corelis

    NAI Ruhl Commercial Company

    (563) 823-5105

    1 in this area

    11 Total Sales

    John Corelis
    Section Image
  • Jim Tansey

    Buyer's Agent in 2015

    Jim Tansey

    Hawkeye Commercial Real Estate

    (319) 645-0088

    10 in this area

    32 Total Sales

    Jim Tansey
    Section Image
  • David Gellerman

    Buyer Co-Listing Agent in 2015

    David Gellerman

    Hawkeye Commercial Real Estate

    (319) 645-0087

    14 in this area

    49 Total Sales

    David Gellerman
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC7031472

RMLS Alliance

APN: 8409376041

Iowa Scott County Bettendorf 52722

2297 Falcon Ave, Bettendorf, IA

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