$1,438,950
SOLD JUN 3, 2021

3390 Utica Ridge Rd Bettendorf, IA 52722

-- Bed
-- Bath
23,400 Sq Ft
3.25 Acres

Recently Sold

$61 Per Sq Ft

33% Below List Price

About This Home

As of June 2021

Large office building. 2 sets of restrooms, multiple entrances, raised computer floor, and chemical sprinkler system. Tenant occupies entire building. Immediate occupancy. Subject to Tenants Rights. Call LA for details and showings. All showings must have prior notice.

Last Agent to Sell the Property

Margery Stratton

Mel Foster Co. Commercial License #B15127000/471.001981 Listed on: 07/22/2019

Mel Foster Co. Commercial

Last Buyer's Agent

Chris Wilkins

Hawkeye Commercial Real Estate License #B37729000/475.139041

Property Details

Property Type

  • Other

Year Built

  • Built in 1980

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Property Details

Property Type

Other

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Year Built: 1980
  • Handicap Modified: Unknown
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted
  • Other Access: None
  • Total Building Sq Ft: 23090
  • Estimated Lot Sq Ft: 140525 SF

Exterior Features

  • Exterior Finish: Brick, Glass
  • Frontage Access: Paved 4Lane, Corner Lot
  • Insulation: Unknown
  • Roof Construction: Membrane
  • Wall Construction: Block, Brick

Garage/Parking

  • Numberparking Spaces Allocated: 100

Utilities

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

Lot Info

  • Estimated Number of Acres: 3.25
  • Zoning: Commercial
  • Geo Subdivision: IA
  • Property Use: Office Building

Rental Info

  • Owner Pays: N/A
  • Sale Lease Includes: Building
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 53230
  • Parcel Id Number Tax Id: 841737115-12
  • Tax Incentive: None
  • Tax Year: 2017

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 Type Sale Price Title Company
Warranty Deed $1,439,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,410,000 Future Advance Clause Open End Mortgage
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

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Map

Source: RMLS Alliance

MLS Number: RMAQC7040877

RMLS Alliance

APN: 841737115--12