NOT LISTED FOR SALE

2028 E 38th St Unit 2 Davenport, IA 52807

North Side Neighborhood

Estimated Value: $733,252

-- Bed
-- Bath
-- Sq Ft
0.35 Acres

About This Home

As of April 2018

1,520 SF 1st floor office space. Multi-tenant building located in North Central Davenport with easy access throughout the Quad Cities. Located behind Spring Village. Rent is $1,350 per month, tenant pays utilities. Immediate occupancy.

Last Agent to Rent the Property

Margery Stratton

Mel Foster Co. Commercial License #B15127000/471.001981 Listed on: 12/05/2017

Mel Foster Co. Commercial

Last Renter's Agent

Margery Stratton

Mel Foster Co. Commercial License #B15127000/471.001981 Listed on: 12/05/2017

Mel Foster Co. Commercial

Property Details

Property Type

  • Other

Year Built

  • Built in 1982

Lot Details

  • 0.35

Utilities

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

Listing and Financial Details

  • Tenant pays for gas, electric, heating, cooling, water/sewer, tenant pays

Property Details

Property Type

Other

Year Built

Built in 1982

Lot Details

0

Rental Info

  • Monthly Lease Rate: 1350
  • Lease Dollar Sq Ft: 10.65
  • Lease Type: Gross
  • Owner Pays: None
  • Sale Lease Includes: Building
  • Tenant Pays: Gas, Electric, Heating, Cooling, Water/Sewer, Tenant Pays Other
  • Terms Lease: 3 Years, 5 Years

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Year Built: 1982
  • Handicap Modified: Unknown
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Terazzo
  • Total Building Sq Ft: 3936
  • Estimated Lot Sq Ft: 15390

Exterior Features

  • Exterior Finish: Wood Siding, Other Exterior Finish
  • Frontage Access: Paved 2Lane, Inside Lot, City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Comp Shingle
  • Wall Construction: Frame, Masonry

Utilities

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

Lot Info

  • Estimated Number of Acres: 0.35
  • Zoning: C-3
  • Geo Subdivision: IA
  • Property Use: Office Building

Tax Info

  • Annual Taxes: 8584
  • Parcel Id Number Tax Id: N1810-09
  • Tax Incentive: In City Limit
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2016
Sold by
Hanson Kenneth P
Bought by
Camp Nelson Iowa Llc
Current Estimated Value
$733,252

Purchase Details

Closed on
Oct 11, 2006
Sold by
Summit Investment Group Inc
Bought by
Lone Eagle Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,444
Interest Rate
6.5%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Camp Nelson Iowa Llc -- None Available
Lone Eagle Trust $405,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lone Eagle Trust $310,444
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2018 04/25/18 Rented $48,600 0.0% --
03/26/2018 03/26/18 Under Contract -- -- --
12/05/2017 12/05/17 For Rent $48,600 -- --
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 $12,840 $449,600 $46,170 $403,430
2024 $12,764 $449,600 $46,170 $403,430
2023 $11,172 $449,600 $46,170 $403,430
2022 $10,490 $376,530 $46,170 $330,360
2021 $10,490 $376,530 $46,170 $330,360
2020 $10,338 $376,530 $46,170 $330,360
2019 $9,308 $354,910 $46,170 $308,740
2018 $9,332 $354,910 $46,170 $308,740
2017 $8,270 $354,910 $46,170 $308,740
2016 $8,584 $340,000 $0 $0
2015 $8,584 $340,000 $0 $0
2014 $12,194 $340,000 $0 $0
2013 $12,960 $0 $0 $0
2012 -- $434,400 $50,000 $384,400
Source: Public Records

Agents Affiliated with this Home

  • Margery Stratton

    Landlord's Agent in 2018

    Margery Stratton

    Mel Foster Co. Commercial

    (563) 823-5277

    3 in this area

    22 Total Sales

    Margery Stratton
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Map

Source: RMLS Alliance

MLS Number: RMAQC7038581

RMLS Alliance

APN: N1810-09

Iowa Scott County Davenport 52807 North Side

2028 E 38th St Unit 2, Davenport, IA

Not Listed for Sale

Other

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