$87,000
SOLD DEC 15, 2016
-- Bed
-- Bath
992 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$88 Per Sq Ft

11% Below List Price

28 Days on Market

About This Home

As of November 2022

Rare small office for sale or lease. Zoned C-5 "office transitional". Ideal of insurance, financial planning, chiropractic or similar use. Excellent location with high traffic counts of 22,100 vehicles per day. Residential property converted for commercial use. Parking for 2-3 cars at rear of property. 40' x 75' lot with 992 SF floor plan plus basement. For sale at $98,000 or lease $1,150/month with landlord paying real estate tax and insurance.

Last Agent to Sell the Property

Richard Schaefer

NAI Ruhl Commercial Company License #S32803000/475.140021 Listed on: 10/11/2016

NAI Ruhl Commercial Company

Last Buyer's Agent

Jeff Heuer

Hawkeye Commercial Real Estate License #B42652000/475.130473

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,594

Year Built

  • Built in 1919

Utilities

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

Listing and Financial Details

  • Tenant pays for janitorial, trash, snow/lawn, gas, electric, heating, cooling, water/sewer
  • The owner pays for real estate taxes, insurance, structural maintenance

Property Details

Property Type

Other

Est. Annual Taxes

$1,594

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Retail
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl, Wood
  • Other Access: None
  • Total Building Sq Ft: 992
  • Estimated Lot Sq Ft: 3005.64

Exterior Features

  • Exterior Finish: Vinyl
  • Frontage Access: Paved 4Lane, Inside Lot, City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Metal
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 2

Utilities

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

Lot Info

  • Estimated Number of Acres: 0.07
  • Zoning: C-5
  • Geo Subdivision: IA

Rental Info

  • Monthly Lease Rate: 1150
  • Owner Pays: Real Estate Taxes, Insurance, Structural Maintenance
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Janitorial, Trash, Snow/Lawn, Gas, Electric, Heating, Cooling, Water/Sewer
  • Terms Lease: 3 Years, 4 Years, 5 Years

Tax Info

  • Annual Taxes: 1594
  • Parcel Id Number Tax Id: 842564205
  • Tax Incentive: In City Limit
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Nov 10, 2022
Sold by
Small Douglas W and Small Carol J
Bought by
Reed Property Rentals Llc
Seller's Agent
Jason Miller
Ruhl&Ruhl REALTORS Moline
Buyer's Agent
Jeffrey Wehr
Ruhl&Ruhl REALTORS Bettendorf
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%
Total Days on Market
28
Views
160
Current Estimated Value
$132,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,357
Avg. Annual Appreciation
3.84%

Purchase Details

Listed on
Oct 11, 2016
Closed on
Dec 16, 2016
Sold by
Michael J Freemire
Bought by
Small Douglas
Seller's Agent
Richard Schaefer
NAI Ruhl Commercial Company
Buyer's Agent
Jeff Heuer
Hawkeye Commercial Real Estate
List Price
$98,000
Sold Price
$87,000
Premium/Discount to List
-$11,000
-11.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$69,600
Interest Rate
4.16%
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 Type Sale Price Title Company
Warranty Deed $120,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Previous Owner $69,600 No Value Available
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $120,000 -11.1% $121 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $135,000 +55.2% $136 / Sq Ft
12/15/2016 12/15/16 Sold $87,000 -11.2% $88 / Sq Ft
11/08/2016 11/08/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $98,000 -- $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 $1,962 $118,100 $18,000 $100,100
2023 $1,922 $118,100 $18,000 $100,100
2022 $1,902 $100,560 $18,000 $82,560
2021 $1,902 $100,560 $18,000 $82,560
2020 $1,696 $89,250 $18,000 $71,250
2019 $1,610 $86,250 $15,000 $71,250
2018 $1,610 $86,250 $15,000 $71,250
2017 $1,630 $86,250 $15,000 $71,250
2016 $1,594 $0 $0 $0
2015 $1,594 $0 $0 $0
2014 $1,508 $0 $0 $0
2013 $1,756 $0 $0 $0
2012 -- $67,180 $9,800 $57,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7036092

RMLS Alliance

APN: 842854205