NOT LISTED FOR SALE

9 Lincoln Ave Eldridge, IA 52748

Estimated Value: $131,580

Studio
-- Bath
-- Sq Ft
0.61 Acres Lot

Sale Details

Date Sold: September 2, 2022

Last sale price $115,000

Est. 14% increase in value since last sale

Current estimated payment $779 / mo

42 Days on Market

About This Home

As of September 2022

This is an ideal work-in-progress opportunity, in a fast growing area of northern Scott County. Near the busy crossing, as you enter Parkview, this is the only car wash in Parkview that was once a thriving operation. There is also an unfinished 1200 sqft upper level that could be finished as an apartment or office space. The two hand wash bays are operational, the auto wash bay is not in operation. Business is being sold 'as-is.'

Last Agent to Sell the Property

Mark Christenson

eXp Realty License #S68592000/475193204 Listed on: 07/01/2022

eXp Realty

Co-Listed By

Troy Sachsenmaier

eXp Realty License #S68783000/475.194315

Last Buyer's Agent

Mark Christenson

eXp Realty License #S68592000/475193204 Listed on: 07/01/2022

eXp Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,212

Year Built

  • Built in 1995

Lot Details

  • 0.61

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for all
  • The owner pays for all, trash

Property Details

Property Type

Other

Est. Annual Taxes

$1,212

Year Built

Built in 1995

Lot Details

0.61 Acres

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Other
  • Legal Description: yes
  • Lvt Date: 07/05/2022
  • Year Built: 1995
  • Handicap Modified: Unknown
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Total Building Sq Ft: 1983
  • Estimated Lot Sq Ft: 25,003

Exterior Features

  • Exterior Finish: Steel, Vinyl, Block
  • Frontage Access: City Street
  • Insulation: None
  • Roof Construction: Metal
  • Wall Construction: Block

Utilities

  • Electric Company: co-op
  • Cooling: None
  • Heating: Radiant/Base
  • Water Supply: City on Premises
  • Gas Company: Mid American
  • Water Company: Park View

Lot Info

  • Estimated Number of Acres: 0.61
  • Zoning: Commercial
  • Geo Subdivision: IA

Rental Info

  • Owner Pays: All, Trash
  • Sale Lease Includes: Building, Inventory, Land
  • Tenant Pays: All
  • Terms Lease: 5 Years

Tax Info

  • Annual Taxes: 1212
  • Parcel Id Number Tax Id: 0431011B11
  • Tax Incentive: Other Tax Incentive
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 30, 2022
Sold by
Alan Rice
Bought by
Wash-N-Go Llc
Seller's Agent
Mark Christenson
eXp Realty
Buyer's Agent
Mark Christenson
eXp Realty
List Price
$130,000
Sold Price
$115,000
Premium/Discount to List
-$15,000
-11.54%
Views
9
Current Estimated Value
$131,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,580
Avg. Annual Appreciation
3.73%
Original Mortgage
$92,000
Outstanding Balance
$38,300
Interest Rate
5.54%
Mortgage Type
Seller Take Back
Estimated Equity
$93,280

Purchase Details

Listed on
Jul 9, 2020
Closed on
Mar 25, 2022
Sold by
Apex Carwashes Llc
Bought by
Rice Alan
Seller's Agent
Peter Stopulos
NAI Ruhl Commercial Company
Buyer's Agent
Peter Stopulos
NAI Ruhl Commercial Company
List Price
$125,000
Sold Price
$109,000
Premium/Discount to List
-$16,000
-12.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.27%
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
Wash-N-Go Llc $115,000 --
Rice Alan $109,000 Gomez May Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wash-N-Go Llc $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2022 09/02/22 Sold $115,000 -11.5% --
08/12/2022 08/12/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $130,000 +19.3% --
03/30/2022 03/30/22 Sold $109,000 -12.8% -- View Prior Sale
03/11/2022 03/11/22 Pending -- -- --
08/31/2021 08/31/21 For Sale $125,000 +14.7% --
07/09/2021 07/09/21 Off Market $109,000 -- --
07/20/2020 07/20/20 Price Changed $125,000 -30.6% --
07/09/2020 07/09/20 For Sale $180,000 +95.7% --
12/10/2018 12/10/18 Sold $92,000 -16.4% -- View Prior Sale
11/07/2018 11/07/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $110,000 -- --
Source: RMLS Alliance

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 $972 $137,800 $60,800 $77,000
2024 $866 $89,000 $60,800 $28,200
2023 $1,176 $80,600 $60,800 $19,800
2022 $1,162 $94,110 $33,310 $60,800
2021 $1,162 $94,110 $33,310 $60,800
2020 $1,212 $93,130 $33,310 $59,820
2019 $1,800 $132,380 $33,310 $99,070
2018 $1,846 $132,380 $33,310 $99,070
2017 $1,916 $132,380 $33,310 $99,070
2016 $1,872 $133,420 $0 $0
2015 $1,872 $124,690 $0 $0
2014 $1,780 $124,690 $0 $0
2013 $2,444 $0 $0 $0
2012 -- $146,200 $33,310 $112,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4234816

RMLS Alliance

APN: 0431011B11

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