NOT LISTED FOR SALE

Estimated Value: $298,000

-- Bed
-- Bath
-- Sq Ft
0.34 Acres

Last Sold July 29, 2021

Last sale price $220,000

Est. 35% increase in value since last sale

Current estimated payment $2,158/month

728 Days on Market

About This Home

As of July 2021

The former State Street Interiors location in the downtown Bettendorf area, is ready for you. This fantastic, well-maintained building in on the busy State St. corridor which allows plenty of opportunity for business. When leased, the tenant is responsible for all maintenance & other operating expenses for the building. Seller will consider a Lease to Purchase or a Contract Sale for qualified buyers. Call today for more information!

Last Agent to Sell the Property

Shawn Langan

NAI Ruhl Commercial Company License #S62759000/475.162291 Listed on: 04/19/2019

NAI Ruhl Commercial Company

Co-Listed By

Pete Hadjis

NAI Ruhl Commercial Company License #S67761000/475.188914

Last Buyer's Agent

Jeffrey Miller

J Miller Commercial Real Estate Services License #B23667000/475.130408

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,892

Year Built

  • Built in 1923

Lot Details

  • 0.34

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

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

Property Details

Property Type

Other

Est. Annual Taxes

$3,892

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Year Built: 1923
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Other Flooring, Tile/Vinyl
  • Total Building Sq Ft: 3304
  • Estimated Lot Sq Ft: 14706

Exterior Features

  • Exterior Finish: Wood Siding
  • Frontage Access: Paved 4Lane
  • Insulation: Roof, Side Walls
  • Roof Construction: Other Roof Construction
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 24

Utilities

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

Lot Info

  • Estimated Number of Acres: 0.34
  • Zoning: C
  • Geo Subdivision: IA
  • Property Use: Office Building

Rental Info

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

Tax Info

  • Annual Taxes: 3892
  • Parcel Id Number Tax Id: 842959307
  • Tax Incentive: None
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jul 21, 2021
Sold by
Johnson Michael A
Bought by
Johnson Marie L
Seller's Agent
Shawn Langan
NAI Ruhl Commercial Company
Buyer's Agent
Jeffrey Miller
J Miller Commercial Real Estate Services
List Price
$299,900
Sold Price
$220,000
Premium/Discount to List
-$79,900
-26.64%
Current Estimated Value
$298,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,000
Original Mortgage
$198,400
Interest Rate
2.93%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 8, 2005
Sold by
Johnson Michael A and Johnson Marie J
Bought by
Johnson Micael A and Michael A Johnson Living Trust
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
Johnson Marie L -- --
Johnson Micael A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Platinum Salon & Spa Bettendor $232,000
Closed Johnson Marie L $198,400
Previous Owner Michael A Johnson Living Trust $127,021
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $220,000 -26.6% --
04/16/2021 04/16/21 Pending -- -- --
11/11/2020 11/11/20 For Sale $299,900 +36.3% --
11/01/2020 11/01/20 Off Market $220,000 -- --
05/01/2020 05/01/20 Price Changed $349,900 -12.3% --
05/01/2020 05/01/20 For Sale $399,000 +81.4% --
04/07/2020 04/07/20 Off Market $220,000 -- --
04/19/2019 04/19/19 For Sale $399,000 -- --
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
2024 $6,324 $233,800 $88,200 $145,600
2023 $5,300 $268,700 $88,200 $180,500
2022 $4,888 $222,970 $88,240 $134,730
2021 $4,888 $237,980 $88,240 $149,740
2020 $4,096 $223,050 $88,240 $134,810
2019 $3,892 $208,340 $73,530 $134,810
2018 $3,892 $208,340 $73,530 $134,810
2017 $4,016 $208,340 $73,530 $134,810
2016 $3,924 $0 $0 $0
2015 $3,924 $0 $0 $0
2014 $3,860 $0 $0 $0
2013 $5,524 $0 $0 $0
2012 -- $237,720 $80,880 $156,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7040435

RMLS Alliance

APN: 842959307