NOT LISTED FOR SALE

555 Valley View Dr Moline, IL 61265

Prospect Park Neighborhood
-- Bed
-- Bath
4,012 Sq Ft
2.54 Acres

Last Sold April 04, 2022

Last sale price $1,700,000 $424 Per Sq Ft

820 Days on Market

About This Home

As of April 2022

Great investment opportunity! Concentra has 10,000 sf leased through 5/31/2025. Well-built building in a beautiful setting. Includes adjacent parking lot at 601 Valley View Drive. 3,485 SF suite For Lease offered on a NN basis. Tenant pays pro rata share of taxes and insurance. Landlord pays other CAM. Seller/Lessor will offer free base rent of 2 months for a qualifying 3-year lease, and 3 months for a qualifying 5-year lease.

Last Agent to Sell the Property

Jim Tansey

Hawkeye Commercial Real Estate License #B44393000/471.017923 Listed on: 12/02/2019

Co-Listed By

David Gellerman

Hawkeye Commercial Real Estate License #B41332000/471.018117

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $75,114

Year Built

  • Built in 1998

Lot Details

  • 2.54

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for real estate taxes, insurance
  • The owner pays for common area

Property Details

Property Type

Other

Est. Annual Taxes

$75,114

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Exemptions: Tenants
  • Year Built: 1998
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted
  • Other Access: None
  • Total Building Sq Ft: 20000
  • Estimated Lot Sq Ft: 110,485

Exterior Features

  • Exterior Finish: Brick, Glass
  • Frontage Access: Paved 2Lane, City Street
  • Insulation: Unknown
  • Roof Construction: Metal
  • Wall Construction: Frame

Utilities

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

Lot Info

  • Estimated Number of Acres: 2.54
  • Zoning: O-1
  • Geo Subdivision: IL
  • Property Use: Office Building

Rental Info

  • Lease Type: Net
  • Owner Pays: Common Area
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Real Estate Taxes, Insurance
  • Terms Lease: 5 Years

Tax Info

  • Annual Taxes: 75114
  • Parcel Id Number Tax Id: 14030 and 14029
  • Tax Incentive: None
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Mar 28, 2022
Sold by
Valley View Realty Lllp
Bought by
555 Valley View Drive Llc
Seller's Agent
Jim Tansey
Hawkeye Commercial Real Estate
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$2,100,000
Sold Price
$1,700,000
Premium/Discount to List
-$400,000
-19.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Outstanding Balance
$1,279,739
Interest Rate
4.42%
Mortgage Type
Seller Take Back
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
555 Valley View Drive Llc $1,700,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 555 Valley View Drive Llc $1,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2022 04/04/22 Sold $1,700,000 0.0% $424 / Sq Ft
12/01/2021 12/01/21 Off Market $1,700,000 -- --
05/28/2021 05/28/21 Price Changed $1,995,000 -5.0% $497 / Sq Ft
12/04/2020 12/04/20 For Sale $2,100,000 0.0% $523 / Sq Ft
12/04/2020 12/04/20 Price Changed $2,100,000 +23.5% $523 / Sq Ft
12/01/2020 12/01/20 Off Market $1,700,000 -- --
12/02/2019 12/02/19 For Sale $2,250,000 -- $561 / 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 $50,665 $580,952 $144,786 $436,166
2023 $50,665 $534,946 $133,320 $401,626
2022 $67,298 $749,721 $257,076 $492,645
2021 $67,056 $716,751 $245,771 $470,980
2020 $71,584 $756,226 $241,663 $514,563
2019 $70,962 $744,317 $237,857 $506,460
2018 $68,421 $725,710 $231,911 $493,799
2017 $67,277 $714,282 $228,259 $486,023
2016 $65,571 $692,134 $221,181 $470,953
2015 $64,079 $676,441 $216,166 $460,275
2014 $15,613 $683,204 $218,327 $464,877
2013 $15,613 $683,204 $218,327 $464,877
Source: Public Records

Agents Affiliated with this Home

  • Jim Tansey

    Seller's Agent in 2022

    Jim Tansey

    Hawkeye Commercial Real Estate

    (319) 645-0088

    3 in this area

    32 Total Sales

    Jim Tansey
    Section Image
  • David Gellerman

    Seller Co-Listing Agent in 2022

    David Gellerman

    Hawkeye Commercial Real Estate

    (319) 645-0087

    3 in this area

    49 Total Sales

    David Gellerman
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Non-Member

    Non-Member

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAQC7041527

RMLS Alliance

APN: 17-07-425-001

Illinois Rock Island County Moline 61265 Prospect Park

555 Valley View Dr, Moline, IL

This home is located at 555 Valley View Dr, Moline, IL 61265 since 02 December 2019. This property was built in 1998. 555 Valley View Dr is a home located in Rock Island County with nearby schools including Hamilton Elementary School, John Deere Middle School, and Moline Sr 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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