NOT LISTED FOR SALE

2383 Cumberland Square Dr Bettendorf, IA 52722

Estimated Value: $1,497,420

-- Bed
-- Bath
12,793 Sq Ft
$117/Sq Ft Est. Value

Last Sold April 20, 2016

Last sale price $950,000 $74 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $10,083/month

About This Home

As of April 2022

Retail or office space. Open floor plan allows for a variety of uses. Ample parking.

Last Agent to Rent the Property

Chris Wilkins

Hawkeye Commercial Real Estate License #B37729000/475.139041 Listed on: 08/27/2021

Co-Listed By

Shawn Stuenkel

Hawkeye Commercial Real Estate License #S67977000/475.189483

Last Renter's Agent

Joe Wonio

Mel Foster Co. Commercial License #B61948000/475.170079

Mel Foster Co. Commercial

Property Details

Property Type

  • Other

Year Built

  • 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

1964

Lot Details

0

Rental Info

  • Lease Dollar Sq Ft: 10.5
  • Lease Type: Net
  • Owner Pays: None
  • Sale Lease Includes: Building
  • Tenant Pays: All
  • Terms Lease: 2 Years, 3 Years, 4 Years, 5 Years

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Lvt Date: 09/09/2021
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 1964

Interior Features

  • Flooring: Other Flooring
  • Other Access: None
  • Total Building Sq Ft: 12793
  • Estimated Lot Sq Ft: 39640

Exterior Features

  • Exterior Finish: Brick, Block
  • Frontage Access: Paved 2Lane, City Street
  • Insulation: Unknown
  • Roof Construction: Membrane
  • Wall Construction: Block, Brick

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
  • Property Use: Office Showroom, Office Building, Street Retail, Strip Center

Tax Info

  • Annual Taxes: 24572
  • Parcel Id Number Tax Id: 842105902
  • Tax Incentive: None
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2016
Closed on
Apr 20, 2016
Sold by
Qc Capital Llc
Bought by
Kais Properties Inc
Seller's Agent
Michael Minard
Jones Lang LaSalle Brokerage, Inc.
Buyer's Agent
Michael Minard
Jones Lang LaSalle Brokerage, Inc.
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
$1,497,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,420
Avg. Annual Appreciation
4.90%

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 Prior Sale
04/01/2022 04/01/22 Rented $72,000 0.0% --
08/27/2021 08/27/21 For Rent $72,000 0.0% --
04/20/2016 04/20/16 Sold $950,000 0.0% $74 / Sq Ft View Prior Sale
04/20/2016 04/20/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $950,000 -- $74 / 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 $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

  • Chris Wilkins

    Landlord's Agent in 2022

    Chris Wilkins

    Hawkeye Commercial Real Estate

    (563) 505-4741

    30 in this area

    103 Total Sales

    Chris Wilkins
    Section Image
  • Shawn Stuenkel

    Landlord's Co-Listing Agent in 2022

    Shawn Stuenkel

    Hawkeye Commercial Real Estate

    (309) 368-3419

    7 in this area

    61 Total Sales

    Shawn Stuenkel
    Section Image
  • Joe Wonio

    Tenant's Agent in 2022

    Joe Wonio

    Mel Foster Co. Commercial

    (563) 370-8097

    3 in this area

    80 Total Sales

    Joe Wonio
    Section Image

  • M

    Seller's Agent in 2016

    Michael Minard

    Jones Lang LaSalle Brokerage, Inc.

    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4226273

RMLS Alliance

APN: 842105902

Iowa Scott County Bettendorf 52722

2383 Cumberland Square Dr, Bettendorf, IA

This home is located at 2383 Cumberland Square Dr, Bettendorf, IA 52722 since 27 August 2021 and is currently priced at $1,497,420. This property was built in 1964. 2383 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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