NOT LISTED FOR SALE

Estimated Value: $514,519

-- Bed
-- Bath
5,760 Sq Ft
$89/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $66,625 $12 Per Sq Ft

Est. 672% increase in value since last sale

Current estimated payment $3,203/month

444 Days on Market

About This Home

As of September 2021

A nice owner occupied investment opportunity. 5,760 SF newly remodeled office building, located in Wildwood Office Park with many medical office tenants. Most spaces fit out for dental use. (2) spaces currently have a lease in place with dental practices. (2) spaces available for lease; 750 SF and 1,330 SF. Near Trinity Hospital, easy access from John Deere Rd. Includes 15 on-site parking spaces. Withing close proximity to Moline's thoroughfare, John Deere Road, that has approximately 28,400 VPD (vehicles per day).

Last Agent to Sell the Property

John Ruhl

NAI Ruhl Commercial Company License #B31626000/471.019895 Listed on: 03/31/2020

NAI Ruhl Commercial Company

Last Buyer's Agent

Alix Holliday

Hawkeye Commercial Real Estate License #S67568000/475.187949

Property Details

Property Type

  • Other

Year Built

  • Built in 1984

Lot Details

  • 2.29

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 1984

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Tile/Vinyl
  • Total Building Sq Ft: 5760
  • Estimated Lot Sq Ft: 99600

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Paved 2Lane, Cul-De-Sac
  • Insulation: Roof, Side Walls
  • Roof Construction: Wood/Shingle/Shake
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 15

Utilities

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

Lot Info

  • Estimated Number of Acres: 2.29
  • Zoning: C
  • Geo Subdivision: IL
  • Property Use: Office Building

Rental Info

  • Lease Dollar Sq Ft: 9.75
  • Lease Type: Net
  • Owner Pays: None
  • Sale Lease Includes: Building, Land
  • Tenant Pays: All
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 22315.52
  • Parcel Id Number Tax Id: 13753
  • Tax Incentive: In City Limit
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2024
Sold by
Skv Holdings Inc
Bought by
Srv Property Llc
Current Estimated Value
$514,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,500
Outstanding Balance
$302,654
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$212,571

Purchase Details

Closed on
Oct 10, 2024
Sold by
Investment Partners Of The Quad Cities L
Bought by
Skv Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,500
Outstanding Balance
$302,654
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$212,571
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
Srv Property Llc -- None Listed On Document
Skv Holdings Inc $500,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srv Property Llc $422,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2021 09/09/21 Sold $66,625 -87.9% $12 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $550,000 +725.5% $95 / Sq Ft
04/01/2021 04/01/21 Off Market $66,625 -- --
03/31/2020 03/31/20 For Sale $550,000 0.0% $95 / Sq Ft
03/08/2017 03/08/17 Rented $75,145 0.0% --
12/13/2016 12/13/16 Under Contract -- -- --
11/17/2015 11/17/15 For Rent $75,145 -- --
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 $25,893 $296,905 $195,861 $101,044
2023 $25,893 $273,393 $180,351 $93,042
2022 $23,552 $262,374 $173,082 $89,292
2021 $23,467 $250,835 $165,470 $85,365
2020 $23,347 $246,642 $162,704 $83,938
2019 $23,144 $242,758 $160,142 $82,616
2018 $22,316 $236,689 $156,138 $80,551
2017 $21,942 $232,961 $153,679 $79,282
2016 $21,386 $225,738 $148,914 $76,824
2015 $20,899 $220,620 $145,538 $75,082
2014 -- $222,826 $146,993 $75,833
2013 -- $222,826 $146,993 $75,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7042142

RMLS Alliance

APN: 17-07-418-005