$385,000
SOLD MAY 16, 2016

502 Ayres Progress Dr Wilton, IA 52778

-- Bed
-- Bath
-- Sq Ft
2.5 Acres

Recently Sold

14% Below List Price

About This Home

As of May 2022

14,240 SF warehouse with 12,000 SF industrial area and 2,240 SF office area. Industrial area has 1 dock door and 1 drive-in door with 18' ceiling height, radiant heating and 3-phase electrical. Property sits on 2.5 acres with 11,230 SF paved for parking.

Last Agent to Sell the Property

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 08/22/2015

Mel Foster Co. Commercial

Last Buyer's Agent

NON MLS

NON-MLS QCAR License #000.00000

Property Details

Property Type

  • Other

Year Built

  • Built in 1998

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

Built in 1998

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Year Built: 1998
  • Three Phase: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Reinforced Concrete
  • Maximum Ceiling Ht Feet: 18
  • Min Ceiling Ht Feet: 10
  • Other Access: None
  • Total Building Sq Ft: 14240
  • Estimated Lot Sq Ft: 108,900

Exterior Features

  • Exterior Finish: Steel
  • Frontage Access: Paved 2Lane
  • Insulation: Roof, Side Walls
  • Roof Construction: Metal
  • Wall Construction: Steel/ST Fram

Garage/Parking

  • Numberparking Spaces Allocated: 45

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas, Radiant/Base

Lot Info

  • Estimated Number of Acres: 2.5
  • Zoning: M-2
  • Geo Subdivision: IA

Rental Info

  • Lease Dollar Sq Ft: 3.25
  • Lease Type: Net
  • Owner Pays: None
  • Sale Lease Includes: Building, Land
  • Tenant Pays: All
  • Terms Lease: 3 Years, 4 Years, 5 Years

Tax Info

  • Annual Taxes: 16062.42
  • Parcel Id Number Tax Id: 0302200012
  • Tax Incentive: None
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
Apr 22, 2022
Sold by
Saavon Real Estate Llc
Bought by
Peden Bradly W and Peden Diane K
Seller's Agent
Daniel Oien
First Choice Real Estate LLC
Buyer's Agent
Daniel Oien
First Choice Real Estate LLC
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$367,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$133,000
Avg. Annual Appreciation
-8.77%
Original Mortgage
$525,000
Outstanding Balance
$498,838
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
-$131,838

Purchase Details

Listed on
Aug 22, 2015
Closed on
May 16, 2016
Sold by
Pruess Harlan R and Pruess Todd M
Bought by
Saavon Real Estate
Seller's Agent
Thad DenHartog
Mel Foster Co. Commercial
Buyer's Agent
NON MLS
NON-MLS QCAR
List Price
$450,000
Sold Price
$385,000
Premium/Discount to List
-$65,000
-14.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$350,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2010
Sold by
Stimmel Daryl C and Stimmel Irene K
Bought by
Pruess Harlan R
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 $500,000 Cronk & Waterman Pc
Warranty Deed $385,000 None Available
Warranty Deed $500,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Previous Owner $850,000 Unknown
Previous Owner $350,000 Purchase Money Mortgage
Previous Owner $500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $500,000 0.0% --
02/22/2022 02/22/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $500,000 +29.9% --
05/16/2016 05/16/16 Sold $385,000 -14.4% --
04/29/2016 04/29/16 Pending -- -- --
08/22/2015 08/22/15 For Sale $450,000 -- --
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 $15,232 $535,520 $65,830 $469,690
2023 $13,562 $496,440 $65,830 $430,610
2022 $11,412 $442,420 $61,770 $380,650
2021 $11,412 $431,060 $61,770 $369,290
2020 $11,458 $420,790 $61,770 $359,020
2019 $11,452 $0 $0 $0
2018 $10,834 $0 $0 $0
2017 $10,760 $411,350 $0 $0
2016 $10,848 $411,350 $0 $0
2015 $10,848 $463,580 $0 $0
2014 $13,636 $463,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7033876

RMLS Alliance

APN: 0302200012