NOT LISTED FOR SALE

Estimated Value: $509,125

-- Bed
-- Bath
-- Sq Ft
0.89 Acres

Last Sold December 22, 2021

Last sale price $430,000

Est. 18% increase in value since last sale

Current estimated payment $3,478/month

About This Home

As of August 2022

Well maintained 6,888 SF Industrial building with additional mezzanine above 1,275 SF office. 208/120 vac @ 400 amp 3PH electric. 2 drive OHD and 1 dock OHD. Possible split to 2 tenant use. Zoned I-1 light industrial with access close to Hwy 61N. Security system, fire alarm, floor drains, and outdoor lawn sprinkler system.

Last Agent to Rent the Property

Alix Holliday

Hawkeye Commercial Real Estate License #S67568000/475.187949 Listed on: 12/27/2021

Last Renter's Agent

John Ruhl

NAI Ruhl Commercial Company License #B31626000/471.019895

NAI Ruhl Commercial Company

Property Details

Property Type

  • Other

Year Built

  • 1988

Lot Details

  • 0.89

Utilities

  • Forced Air Heating System
  • Partial Heating System
  • Heating System Uses Gas

Property Details

Property Type

Other

Year Built

1988

Lot Details

0

Rental Info

  • Lease Dollar Sq Ft: 6.25
  • Lease Type: Net
  • Owner Pays: N/A
  • Sale Lease Includes: Building, Land
  • Tenant Pays: N/A
  • Terms Lease: N/A

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Lvt Date: 12/27/2021
  • Special Features: None
  • Property Sub Type: Other
  • Year Built (Public Record): 1988

Interior Features

  • Flooring: Other Flooring
  • Other Access: None
  • Total Building Sq Ft: 6888
  • Estimated Lot Sq Ft: 38689

Exterior Features

  • Exterior Finish: Brick, Steel
  • Frontage Access: City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Metal
  • Wall Construction: Brick, Steel/WD Frame

Utilities

  • Cooling: Office Only
  • Heating: Forced Air, Gas, Partial
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 0.89
  • Zoning: I-1
  • Geo Subdivision: IA
  • Property Use: Distribution Warehouse, Flex Space, Manufacturing, Other Property Use, R & D, Warehouse, Freestanding Building, Vehicle Related

Tax Info

  • Annual Taxes: 7148
  • Parcel Id Number Tax Id: X1203-18
  • Tax Incentive: None
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Dec 21, 2021
Sold by
Quast Living Trust
Bought by
848 Properties Llc
Seller's Agent
Jeff Heuer
Hawkeye Commercial Real Estate
Buyer's Agent
Alix Holliday
Hawkeye Commercial Real Estate
List Price
$475,000
Sold Price
$430,000
Premium/Discount to List
-$45,000
-9.47%
Current Estimated Value
$509,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,125
Avg. Annual Appreciation
4.50%
Original Mortgage
$430,000
Outstanding Balance
$395,487
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$113,638
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
848 Properties Llc $430,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 848 Properties Llc $430,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2022 08/03/22 Rented $213,528 0.0% --
06/02/2022 06/02/22 Off Market -- -- --
12/27/2021 12/27/21 For Rent $213,528 0.0% --
12/22/2021 12/22/21 Sold $430,000 -9.5% -- View Prior Sale
10/18/2021 10/18/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $475,000 -- --
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
2025 $9,442 $349,400 $58,030 $291,370
2024 $9,370 $349,400 $58,030 $291,370
2023 $8,142 $349,400 $58,030 $291,370
2022 $7,378 $289,300 $58,030 $231,270
2021 $7,378 $289,300 $58,030 $231,270
2020 $7,242 $289,300 $58,030 $231,270
2019 $6,980 $289,300 $58,030 $231,270
2018 $7,000 $289,300 $58,030 $231,270
2017 $6,882 $289,300 $58,030 $231,270
2016 $5,708 $0 $0 $0
2015 $5,708 $0 $0 $0
2014 $6,770 $0 $0 $0
2013 $8,894 $0 $0 $0
2012 -- $258,800 $79,100 $179,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4229255

RMLS Alliance

APN: X1203-18