NOT LISTED FOR SALE

238 5th Ave S Clinton, IA 52732

-- Bed
-- Bath
-- Sq Ft
0.48 Acres

Last Sold December 17, 2021

Last sale price $272,500

About This Home

As of December 2021

High annual traffic (1,500,000 +at this location. Two buildings with over 38,000 total SF. Across the street is the Wilson Building, currently in the middle of a $17,500,000 redevelopment. The street level floor is full with locally owned and long term commercial tenants that generate $48,400 of annual income. The upstairs is ready for redevelopment. A few years ago, U of I engineering students did an assignment and drafted detailed plans for redevelopment of the upper floors. Documents are available upon request. Roof was recoated and building is ready for you to make your vision come true!

Last Agent to Sell the Property

Dennis Lauver

Coldwell Banker Howes & Jefferies REALTORS License #B63532000/475.165634 Listed on: 08/11/2021

Coldwell Banker Howes & Jefferies REALTORS

Last Buyer's Agent

Sandy Huizenga

Ruhl&Ruhl REALTORS Clinton License #S68900000/475.193727

Ruhl&Ruhl REALTORS Clinton

Property Details

Property Type

  • Other

Year Built

  • Built in 1886

Lot Details

  • 0.48

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for gas, electric, water/sewer
  • The owner pays for common area

Property Details

Property Type

Other

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Restaurant, Retail
  • Lvt Date: 08/12/2021
  • Year Built: 1886
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood
  • Total Building Sq Ft: 60250
  • Estimated Lot Sq Ft: 21,000

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Paved 2Lane, Corner Lot, City Street
  • Insulation: Unknown
  • Roof Construction: Flat
  • Wall Construction: Brick

Utilities

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

Lot Info

  • Estimated Number of Acres: 0.48
  • Zoning: Commercial
  • Estimated Land Size: 150 x 140

Rental Info

  • Owner Pays: Common Area
  • Tenant Pays: Gas, Electric, Water/Sewer
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 9604
  • Parcel Id Number Tax Id: 80-13880000
  • Tax Incentive: In City Limit
  • Tax Year: 2021

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $272,500 -2.7% --
11/06/2021 11/06/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $280,000 -- --
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 $1,994 $92,910 $28,750 $64,160
2023 $1,962 $92,910 $28,750 $64,160
2022 $2,736 $86,550 $25,000 $61,550
2021 $2,296 $86,550 $25,000 $61,550
2020 $2,296 $75,431 $23,000 $52,431
2019 $2,292 $0 $0 $0
2018 $2,292 $0 $0 $0
2017 $2,292 $0 $0 $0
2016 $2,222 $0 $0 $0
2015 $2,222 $81,990 $0 $0
2014 $2,792 $81,990 $0 $0
2013 $3,464 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4225193

RMLS Alliance

APN: 80-1388-0000