NOT LISTED FOR SALE

3390 Utica Ridge Rd Bettendorf, IA 52722

Estimated Value: $1,762,715

-- Bed
-- Bath
23,400 Sq Ft
$75/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $1,438,950 $61 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $13,302/month

About This Home

As of May 2022

One story office building with an abundance of parking. 11,668 SF available and owner will consider a division of the space. Well located with excellent proximity to the entire Quad Cities. Tenant improvements negotiable. Total operating expenses are $5.00/SF

Last Agent to Rent the Property

Chris Wilkins

Hawkeye Commercial Real Estate License #B37729000/475.139041 Listed on: 06/04/2021

Last Renter's Agent

David Levin

Hawkeye Commercial Real Estate License #475.081178/B27165000

Property Details

Property Type

  • Other

Year Built

  • Built in 1980

Lot Details

  • 3.23

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for common area maintenance, cooling, heating, insurance, real estate taxes, snow/lawn, water/sewer
  • The owner pays for structural maintenance

Property Details

Property Type

Other

Year Built

Built in 1980

Lot Details

0

Rental Info

  • Landlord Contribues T I: Negotiable
  • Lease Dollar Sq Ft: 13
  • Lease Type: Net
  • Owner Pays: Structural Maintenance
  • Sale Lease Includes: Building
  • Tenant Pays: Common Area Maint, Cooling, Heating, Insurance, Real Estate Taxes, Snow/Lawn, Water/Sewer
  • Terms Lease: 5 Years

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Lvt Date: 06/10/2021
  • Year Built: 1980
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted
  • Total Building Sq Ft: 23090
  • Estimated Lot Sq Ft: 140,525

Exterior Features

  • Exterior Finish: Block, Brick
  • Frontage Access: Paved 4Lane
  • Insulation: Party Walls
  • Roof Construction: Flat
  • Wall Construction: Frame

Utilities

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

Lot Info

  • Estimated Number of Acres: 3.23
  • Zoning: C-0
  • Geo Subdivision: IA
  • Property Use: Office Building

Tax Info

  • Annual Taxes: 51246
  • Parcel Id Number Tax Id: 841-737-115-12
  • Estimated Taxes Sq Ft: 2.52
  • Tax Incentive: In City Limit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Jun 1, 2021
Sold by
Utica Ridge Property Llc
Bought by
Geifman Food Stores Inc
Seller's Agent
Margery Stratton
Mel Foster Co. Commercial
Buyer's Agent
Chris Wilkins
Hawkeye Commercial Real Estate
List Price
$2,150,000
Sold Price
$1,438,950
Premium/Discount to List
-$711,050
-33.07%
Current Estimated Value
$1,762,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,765
Avg. Annual Appreciation
4.80%
Original Mortgage
$1,410,000
Outstanding Balance
$1,276,579
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$486,136
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
Geifman Food Stores Inc $1,439,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geifman Food Stores Inc $1,410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Rented $473,256 -50.6% --
01/12/2022 01/12/22 For Rent -- -- --
01/01/2022 01/01/22 Off Market -- -- --
09/08/2021 09/08/21 Rented $958,272 +102.5% --
06/04/2021 06/04/21 For Rent $473,256 0.0% --
06/03/2021 06/03/21 Sold $1,438,950 +50.2% $61 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/16/2021 04/16/21 Under Contract -- -- --
04/16/2021 04/16/21 For Rent $958,272 0.0% --
07/22/2019 07/22/19 For Sale $2,150,000 0.0% $92 / Sq Ft
04/08/2013 04/08/13 Rented $1,077,570 0.0% --
03/26/2013 03/26/13 Under Contract -- -- --
01/18/2013 01/18/13 For Rent $1,077,570 -- --
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 $47,466 $2,055,000 $628,100 $1,426,900
2023 $51,968 $1,665,400 $628,100 $1,037,300
2022 $51,254 $1,851,670 $511,300 $1,340,370
2021 $51,254 $1,851,670 $511,300 $1,340,370
2020 $51,246 $1,813,350 $511,300 $1,302,050
2019 $51,246 $1,813,350 $511,300 $1,302,050
Source: Public Records

Agents Affiliated with this Home

  • Chris Wilkins

    Landlord's Agent in 2022

    Chris Wilkins

    Hawkeye Commercial Real Estate

    (563) 505-4741

    29 in this area

    99 Total Sales

    Chris Wilkins
    Section Image
  • David Levin

    Tenant's Agent in 2022

    David Levin

    Hawkeye Commercial Real Estate

    (309) 781-9169

    1 in this area

    50 Total Sales

    David Levin
    Section Image
  • Margery Stratton

    Seller's Agent in 2021

    Margery Stratton

    Mel Foster Co. Commercial

    (563) 823-5277

    5 in this area

    23 Total Sales

    Margery Stratton
    Section Image
  • Richard Schaefer

    Seller's Agent in 2013

    Richard Schaefer

    NAI Ruhl Commercial Company

    (563) 823-5118

    4 in this area

    54 Total Sales

    Richard Schaefer
    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4222683

RMLS Alliance

APN: 841737115--12

Iowa Scott County Bettendorf 52722

3390 Utica Ridge Rd, Bettendorf, IA

This home is located at 3390 Utica Ridge Rd, Bettendorf, IA 52722 since 04 June 2021 and is currently priced at $1,762,715. This property was built in 1980. 3390 Utica Ridge Rd 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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