NOT LISTED FOR SALE

550 30th Ave Moline, IL 61265

Karstens-City Line Neighborhood

Estimated Value: $1,101,331

-- Bed
-- Bath
1,654 Sq Ft
$666/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $825,000 $499 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,932/month

27 Days on Market

About This Home

As of December 2018

Medical or dental office building for sale. High traffic location in established medical area. Excellent on-site parking. Perfect space for lawyers, accountants or any health or spa services. Purchase includes parcel 08-8894 parking lot to the north, 551 30th Ave, Moline. Call agent today for more details on this great investment opportunity.

Last Agent to Sell the Property

Shawn Langan

NAI Ruhl Commercial Company License #S62759000/475.162291 Listed on: 10/03/2018

NAI Ruhl Commercial Company

Last Buyer's Agent

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649

Mel Foster Co. Commercial

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $27,647

Year Built

  • Built in 1977

Lot Details

  • 1.17

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

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

Property Details

Property Type

Other

Est. Annual Taxes

$27,647

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Year Built: 1977
  • Handicap Modified: Unknown
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl, Wood
  • Other Access: None
  • Total Building Sq Ft: 21824
  • Estimated Lot Sq Ft: 51,049

Exterior Features

  • Exterior Finish: Wood Siding, Glass, Other Exterior Finish
  • Frontage Access: Paved 4Lane
  • Insulation: Unknown
  • Roof Construction: Comp Shingle
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 33

Utilities

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

Lot Info

  • Estimated Number of Acres: 1.17
  • Zoning: O-1
  • Geo Subdivision: IL
  • Property Use: Office Building

Rental Info

  • Lease Dollar Sq Ft: 10
  • Lease Type: Gross
  • Owner Pays: Real Estate Taxes, Insurance, Structural Maintenance, Snow/Lawn
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Trash, Gas, Electric, Heating, Cooling, Water/Sewer
  • Terms Lease: 3 Years, 4 Years, 5 Years, Other Term/Lease

Tax Info

  • Annual Taxes: 27646.6
  • Parcel Id Number Tax Id: 08-8919, 08-8894
  • Tax Incentive: None
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2018
Closed on
Dec 5, 2018
Sold by
Robert E Bloomer Living Trust
Bought by
Pay Phones Unlimited Inc
Seller's Agent
Shawn Langan
NAI Ruhl Commercial Company
Buyer's Agent
Thad DenHartog
Mel Foster Co. Commercial
List Price
$985,000
Sold Price
$825,000
Premium/Discount to List
-$160,000
-16.24%
Current Estimated Value
$1,101,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,331
Avg. Annual Appreciation
4.05%
Original Mortgage
$660,000
Outstanding Balance
$587,241
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$504,874
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pay Phones Unlimited Inc $825,000 Katz Nowisnki Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pay Phones Unlimited Inc $660,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $825,000 -16.2% $499 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $985,000 -- $596 / 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 $26,146 $296,348 $60,472 $235,876
2023 $26,146 $283,316 $57,813 $225,503
2022 $25,779 $283,316 $57,813 $225,503
2021 $25,691 $270,598 $55,218 $215,380
2020 $25,818 $268,984 $54,889 $214,095
2019 $25,381 $262,680 $53,603 $209,077
2018 $27,112 $283,860 $52,967 $230,893
2017 $26,512 $278,022 $51,878 $226,144
2016 $26,200 $273,375 $51,011 $222,364
2015 $25,647 $267,752 $49,962 $217,790
2014 -- $272,521 $50,852 $221,669
2013 -- $272,521 $50,852 $221,669
Source: Public Records

Agents Affiliated with this Home

  • Shawn Langan

    Seller's Agent in 2018

    Shawn Langan

    NAI Ruhl Commercial Company

    (563) 823-5118

    2 in this area

    225 Total Sales

    Shawn Langan
    Section Image
  • Thad DenHartog

    Buyer's Agent in 2018

    Thad DenHartog

    Mel Foster Co. Commercial

    (563) 650-8676

    1 in this area

    110 Total Sales

    Thad DenHartog
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC7039429

RMLS Alliance

APN: 17-07-214-025

Illinois Rock Island County Moline 61265 Karstens-City Line

550 30th Ave, Moline, IL

Not Listed for Sale

Other

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