NOT LISTED FOR SALE

3825 Liberty Dr Iowa City, IA 52240

Estimated Value: $1,796,462

-- Bed
-- Bath
-- Sq Ft
2.67 Acres

Last Sold October 03, 2022

Last sale price $1,595,000

Est. 13% increase in value since last sale

Current estimated payment $11,368/month

180 Days on Market

About This Home

As of October 2022

Very well maintained light industrial building with 8 loading docks with levelers and shelters and 1 overhead door. 1,600 SF of office finished area with break room to provide maximum amount of space in the warehouse. Additional 5,900 SF of air conditioned warehouse. 800 amps of electrical service on panel. 2" water service and 6" sprinkler service. Steel framed building. Columns are "generally" spaced about 24' by 47 feet.

Last Agent to Sell the Property

Ted Rebitzer

Quad Cities Iowa Realty - Davenport License #B38620000/475.137470 Listed on: 03/10/2022

Quad Cities Iowa Realty - Davenport

Co-Listed By

Andy Doyle

Quad Cities Iowa Realty - Davenport License #S42125000/475.135212

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $54,832

Year Built

  • Built in 2003

Lot Details

  • 2.67

Utilities

  • Partial Air Conditioning Available
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for all
  • The owner pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$54,832

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Exemptions: Exempt
  • Lvt Date: 03/10/2022
  • Year Built: 2003
  • Three Phase: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Maximum Ceiling Ht Feet: 18
  • Min Ceiling Ht Feet: 13
  • Other Access: None
  • Total Building Sq Ft: 30000
  • Estimated Lot Sq Ft: 116305

Exterior Features

  • Exterior Finish: Steel
  • Frontage Access: Corner Lot
  • Insulation: Roof, Side Walls
  • Roof Construction: Metal
  • Wall Construction: Steel/ST Fram

Utilities

  • Cooling: Partial
  • Heating: Gas
  • Sprinkler: Yes
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 2.67
  • Zoning: I-1
  • Estimated Land Size: 333' x 305' x 386' x 264'
  • Geo Subdivision: IA
  • Irregular Lot: Yes
  • Lot Size Remarks: Rectangular shaped
  • Property Use: Distribution Warehouse, Office Showroom, Truck Terminal, Warehouse

Rental Info

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

Tax Info

  • Parcel Id Number Tax Id: 0919354002
  • Tax Incentive: In City Limit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2023
Sold by
Big Grove Iowa City Llc
Bought by
Bgb Warehouse Llc
Current Estimated Value
$1,796,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Outstanding Balance
$4,033,244
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
-$2,296,510
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
Bgb Warehouse Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bgb Warehouse Llc $4,200,000
Closed Bgb Warehouse Llc $900,000
Previous Owner Big Grove Iowa City Llc $1,595,000
Previous Owner Goodwill Industries Of The Heartland $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $1,595,000 0.0% --
09/06/2022 09/06/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $1,595,000 -- --
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 $54,832 $2,334,390 $378,560 $1,955,830
2023 $36,246 $1,573,640 $378,560 $1,195,080
2022 $36,246 $1,432,480 $0 $0
2021 $0 $1,432,480 $0 $0
2020 $0 $1,445,580 $0 $0
2019 $0 $1,445,580 $378,560 $1,067,020
2018 $0 $1,358,030 $378,560 $979,470
2017 $0 $1,358,030 $378,560 $979,470
2016 $0 $1,303,170 $378,560 $924,610
2015 $0 $1,303,170 $378,560 $924,610
2014 -- $1,215,690 $349,440 $866,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4230955

RMLS Alliance

APN: 0919354002