NOT LISTED FOR SALE

3103 N Highway 61 Muscatine, IA 52761

Estimated Value: $315,409

-- Bed
-- Bath
4,376 Sq Ft
$72/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $300,000 $69 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,481/month

20 Days on Market

About This Home

As of May 2022

4,376 SF office building

Last Agent to Sell the Property

Margery Stratton

Mel Foster Co. Commercial License #B15127000/471.001981 Listed on: 03/02/2022

Mel Foster Co. Commercial

Co-Listed By

Alex Barnhart

Mel Foster Co. Davenport License #S70119000/475.203180

Last Buyer's Agent

Margery Stratton

Mel Foster Co. Commercial License #B15127000/471.001981 Listed on: 03/02/2022

Mel Foster Co. Commercial

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,618

Year Built

  • Built in 2005

Lot Details

  • 1.52

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$5,618

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Retail
  • Lvt Date: 03/22/2022
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Total Building Sq Ft: 4376
  • Estimated Lot Sq Ft: 66211

Exterior Features

  • Exterior Finish: Concrete
  • Frontage Access: Inside Lot
  • Insulation: Other Insulation
  • Roof Construction: Other Roof Construction
  • Wall Construction: Other Wall Construction

Garage/Parking

  • Numberparking Spaces Allocated: 5

Utilities

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

Lot Info

  • Estimated Number of Acres: 1.52
  • Zoning: M-1
  • Geo Subdivision: IA

Rental Info

  • Lease Dollar Sq Ft: 8
  • Lease Type: Net
  • Owner Pays: None
  • Sale Lease Includes: Building
  • Tenant Pays: All
  • Terms Lease: 3 Years, 5 Years, Other Term/Lease

Tax Info

  • Annual Taxes: 5618
  • Parcel Id Number Tax Id: 0824227012
  • Tax Incentive: In City Limit, None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
May 24, 2022
Sold by
Cedar Street Investments Llc
Bought by
Basulto Properties Llc
Seller's Agent
Margery Stratton
Mel Foster Co. Commercial
Buyer's Agent
Margery Stratton
Mel Foster Co. Commercial
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Total Days on Market
20
Current Estimated Value
$315,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,409
Avg. Annual Appreciation
2.12%
Original Mortgage
$300,000
Outstanding Balance
$261,426
Interest Rate
4.43%
Mortgage Type
Credit Line Revolving
Estimated Equity
$58,227

Purchase Details

Closed on
Jun 4, 2021
Sold by
Hyink Mary Jean and Mary Jean Hyink Revocable Trus
Bought by
Cedar Street Investments Inc
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
Basulto Properties Llc $300,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basulto Properties Llc $300,000
Previous Owner W D Inc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $300,000 -7.7% $69 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $325,000 -- $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
2024 $8,530 $337,370 $135,890 $201,480
2023 $8,530 $325,130 $135,890 $189,240
2022 $5,746 $268,160 $102,240 $165,920
2021 $5,746 $251,880 $102,240 $149,640
2020 $5,720 $251,880 $102,240 $149,640
2019 $5,784 $258,140 $0 $0
2018 $5,848 $258,140 $0 $0
2017 $5,848 $298,020 $0 $0
2016 $7,328 $298,020 $0 $0
2015 $7,328 $359,320 $0 $0
2014 $10,636 $383,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margery Stratton

    Seller's Agent in 2022

    Margery Stratton

    Mel Foster Co. Commercial

    (563) 823-5277

    23 Total Sales

    Margery Stratton
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Alex Barnhart

    [Mel Foster Brand]

    10 Total Sales

    Alex Barnhart
    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4231268

RMLS Alliance

APN: 0824227012

Iowa Muscatine County Muscatine 52761

3103 N Highway 61, Muscatine, IA

This home is located at 3103 N Highway 61, Muscatine, IA 52761 since 02 March 2022 and is currently estimated at $315,409, approximately $72 per square foot. This property was built in 2005. 3103 N Highway 61 is a home located in Muscatine County with nearby schools including Madison Elementary School, Central Middle School, and Muscatine 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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