NOT LISTED FOR SALE

2340 Cumberland Square Dr Bettendorf, IA 52722

Estimated Value: $567,628

-- Bed
-- Bath
5,800 Sq Ft
$98/Sq Ft Est. Value

About This Home

As of May 2021

Great Bettendorf location, multiple spaces available in multiple sizes, many uses, has been previously used as gym, automotive center, & storage. Most recently used as Automotive Repair Shop, would be great for contractor/work space. Owner willing to consider various uses and sizes, ample parking, easy ingress/egress, available now, signage available. Building includes four individual units, 2100 SF auto repair center, 1200 SF salon/retail/office space, (additional 1,000 SF basement storage space available at $3/SF), 6787 SF gym, and 1750 SF cold storage warehouse (rented), sits on just over 2 acres.

Last Agent to Rent the Property

Jerry Wolking

KW 1Advantage License #B44540000/475.144713 Listed on: 10/23/2020

KW 1Advantage

Last Renter's Agent

Jerry Wolking

KW 1Advantage License #B44540000/475.144713 Listed on: 10/23/2020

KW 1Advantage

Property Details

Property Type

  • Other

Year Built

  • Built in 1976

Lot Details

  • 2.05

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 1976

Lot Details

0

Rental Info

  • Lease Dollar Sq Ft: 9.75
  • Lease Type: Net
  • Owner Pays: None
  • Tenant Pays: All
  • Terms Lease: 2 Years, 3 Years, 4 Years, 5 Years, Yearly

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Retail, Warehouse
  • Lvt Date: 10/26/2020
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted, Tile/Vinyl
  • Total Building Sq Ft: 12719
  • Estimated Lot Sq Ft: 89298

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Inside Lot, Paved 2Lane
  • Insulation: Unknown
  • Roof Construction: Flat
  • Wall Construction: Other Wall Construction

Utilities

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

Association/Amenities

  • Amenities: Cable

Lot Info

  • Estimated Number of Acres: 2.05
  • Zoning: Commercial
  • Geo Subdivision: IA
  • Property Use: Distribution Warehouse, Flex Space, Office Showroom, Day Care Facility/Nursery, Freestanding Building, Neighborhood Center, Office Building

Tax Info

  • Annual Taxes: 14670
  • Parcel Id Number Tax Id: 8421052031
  • Tax Incentive: None
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2016
Sold by
Harvey Real Estate Holdings Llc
Bought by
Lm Properties Llc
Current Estimated Value
$567,628

Purchase Details

Closed on
Apr 10, 2009
Sold by
Harvey Real Estate Holdings Llc
Bought by
Lm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 29, 2006
Sold by
Harvey William R and Harvey Helen I
Bought by
Harvey Real Estate Holding L L C

Purchase Details

Closed on
Nov 15, 2006
Sold by
Harvey Construction Co
Bought by
Harvey William R and Harvey Helen I

Purchase Details

Closed on
May 16, 2005
Sold by
Cumberland & Square Phase Ii L C
Bought by
Harvey Construction Co
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
Lm Properties Llc $360,000 None Available
Lm Properties Llc $360,000 None Available
Harvey Real Estate Holding L L C -- None Available
Harvey William R -- None Available
Harvey Construction Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lm Properties Llc $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2021 05/15/21 Rented $162,888 -75.9% --
04/03/2021 04/03/21 Under Contract -- -- --
10/23/2020 10/23/20 For Rent $675,000 -- --
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 $16,978 $664,500 $268,300 $396,200
2024 $17,192 $649,500 $268,300 $381,200
2023 $15,888 $636,700 $268,300 $368,400
2022 $15,032 $587,660 $246,520 $341,140
2021 $14,634 $587,660 $246,520 $341,140
2020 $15,307 $579,990 $246,520 $333,470
2019 $10,971 $441,620 $246,520 $195,100
2018 $2,137 $441,620 $246,520 $195,100
2017 $3,975 $441,620 $246,520 $195,100
2016 $14,072 $454,750 $0 $0
2015 $13,726 $425,000 $0 $0
2014 $10,824 $425,000 $0 $0
2013 $12,894 $0 $0 $0
2012 -- $404,150 $225,030 $179,120
Source: Public Records

Agents Affiliated with this Home

  • Jerry Wolking

    Landlord's Agent in 2021

    Jerry Wolking

    KW 1Advantage

    (563) 940-0807

    6 in this area

    140 Total Sales

    Jerry Wolking
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Map

Source: RMLS Alliance

MLS Number: QC4216484

RMLS Alliance

APN: 8421052031

Iowa Scott County Bettendorf 52722

2340 Cumberland Square Dr, Bettendorf, IA

This home is located at 2340 Cumberland Square Dr, Bettendorf, IA 52722 since 23 October 2020 and is currently priced at $567,628. This property was built in 1976. 2340 Cumberland Square Dr is a home located in Scott County with nearby schools including Herbert Hoover Elementary School, Bettendorf Middle School, and Bettendorf High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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