NOT LISTED FOR SALE

2381 Cumberland Square Dr Bettendorf, IA 52722

Estimated Value: $1,497,420

-- Bed
-- Bath
1,600 Sq Ft
$936/Sq Ft Est. Value

About This Home

As of January 2012

1,600 - 3,600 sq. ft. retail space for lease at Cumberland Square Shopping Center. Excellent Location in the heart of Bettendorf - Good Exposure- Signage available on shopping center Pylon Sign.- Suitable for Office or Retail Building recently has undergone a reface. Lease Rate $8.00 - $10.00psf NNN. Pass-through expenses "CAMIT" are budgeted at $2.75psf

Last Agent to Rent the Property

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 08/23/2010

Mel Foster Co. Commercial

Last Renter's Agent

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 08/23/2010

Mel Foster Co. Commercial

Property Details

Property Type

  • Other

Year Built

  • Built in 1964

Lot Details

  • 0.91

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 1964

Lot Details

0

Rental Info

  • Lease Dollar Sq Ft: 8.5
  • Owner Pays: None
  • Sale Lease Includes: Building, Land
  • Tenant Pays: All
  • Terms Lease: 3 Years, 4 Years, 5 Years, Other Term/Lease

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 1964
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring
  • Total Building Sq Ft: 12793
  • Estimated Lot Sq Ft: 39640

Exterior Features

  • Exterior Finish: Stucco, Glass
  • Frontage Access: Inside Lot
  • Insulation: Roof, Side Walls
  • Roof Construction: Flat
  • Wall Construction: Block, Frame

Garage/Parking

  • Numberparking Spaces Allocated: 50

Utilities

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

Lot Info

  • Estimated Number of Acres: 0.91
  • Zoning: C-2
  • Geo Subdivision: IA

Tax Info

  • Annual Taxes: 17164
  • Parcel Id Number Tax Id: 842105902
  • Estimated Taxes Sq Ft: 1.51
  • Tax Incentive: In City Limit
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2016
Sold by
Qc Capital Llc
Bought by
Kais Properties Inc
Current Estimated Value
$1,497,420

Purchase Details

Closed on
Jul 25, 2012
Sold by
Mogul Holdings Llc
Bought by
Qc Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 30, 2009
Sold by
Cumberland Square Lc
Bought by
Parkview Iowa Partnership Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,710
Interest Rate
5.07%
Mortgage Type
Commercial
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
Kais Properties Inc $950,000 None Available
Qc Capital Llc $875,000 None Available
Mogul Holdings Llc $500 None Available
Parkview Iowa Partnership Llc $520,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mogul Holdings Llc $700,000
Previous Owner Qc Capital Llc $520,000
Previous Owner Parkview Iowa Partnership Llc $521,710
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2012 01/12/12 Rented $86,400 0.0% --
01/12/2012 01/12/12 Under Contract -- -- --
08/23/2010 08/23/10 For Rent $86,400 -- --
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 $26,014 $987,500 $236,500 $751,000
2024 $27,973 $957,400 $236,500 $720,900
2023 $28,126 $1,009,600 $236,500 $773,100
2022 $27,426 $1,029,200 $317,120 $712,080
2021 $27,426 $1,029,200 $317,120 $712,080
2020 $24,706 $918,410 $317,120 $601,290
2019 $24,388 $918,410 $317,120 $601,290
2018 $24,966 $918,410 $317,120 $601,290
2017 $8,266 $918,410 $317,120 $601,290
2016 $24,980 $925,410 $0 $0
2015 $24,980 $864,870 $0 $0
2014 $24,238 $864,870 $0 $0
2013 $27,908 $0 $0 $0
2012 -- $485,570 $125,000 $360,570
Source: Public Records

Agents Affiliated with this Home

  • Thad DenHartog

    Landlord's Agent in 2012

    Thad DenHartog

    Mel Foster Co. Commercial

    (563) 650-8676

    7 in this area

    119 Total Sales

    Thad DenHartog
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Map

Source: RMLS Alliance

MLS Number: RMAQC7023631

RMLS Alliance

APN: 842105902

Iowa Scott County Bettendorf 52722

2381 Cumberland Square Dr, Bettendorf, IA

This home is located at 2381 Cumberland Square Dr, Bettendorf, IA 52722 since 23 August 2010 and is currently priced at $1,497,420. This property was built in 1964. 2381 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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