NOT LISTED FOR SALE

224 W 3rd St Davenport, IA 52801

Downtown Davenport Neighborhood
-- Bed
-- Bath
7,200 Sq Ft
3,485 Sq Ft Lot

Last Sold March 29, 2013

Last sale price $90,485 $13 Per Sq Ft

30 Days on Market

About This Home

As of March 2013

Investment property consists of 3,600 SF main floor currently leased by Del Rich Loan Co. and 3,600 SF second floor with loft potential. Price is based upon Del Rich rent of $5.25 SF NNN x 3,600 SF = $18,900 less 10% expenses/12% CAP rate = $141,750. Good investment property with a solid tenant and excellent potential for loft housing conversion at no additional cost.

Last Agent to Sell the Property

Charlie Armstrong

NAI Ruhl Commercial Company License #S41067000/475.130998 Listed on: 01/22/2013

NAI Ruhl Commercial Company

Last Buyer's Agent

Charlie Armstrong

NAI Ruhl Commercial Company License #S41067000/475.130998 Listed on: 01/22/2013

NAI Ruhl Commercial Company

Property Details

Property Type

  • Other

Year Built

  • Built in 1890

Lot Details

  • 3,485

Utilities

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

Listing and Financial Details

  • Tenant pays for real estate taxes, insurance, janitorial, trash, gas, electric
  • The owner pays for structural maintenance

Property Details

Property Type

Other

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Wood
  • Min Ceiling Ht Feet: 10
  • Total Building Sq Ft: 7200
  • Estimated Lot Sq Ft: 3638

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Paved 4Lane, Inside Lot
  • Insulation: Roof
  • Roof Construction: Tar/Gravel
  • Wall Construction: Brick

Utilities

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

Lot Info

  • Estimated Number of Acres: 0.08
  • Zoning: C-4
  • Geo Subdivision: IA

Rental Info

  • Owner Pays: Structural Maintenance
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Real Estate Taxes, Insurance, Janitorial, Trash, Gas, Electric
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 4952
  • Parcel Id Number Tax Id: L007-22
  • Estimated Taxes Sq Ft: 0.69
  • Tax Incentive: In City Limit
  • Tax Year: 2011

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
03/29/2013 03/29/13 Sold $90,485 -36.2% $13 / Sq Ft
02/21/2013 02/21/13 Pending -- -- --
01/22/2013 01/22/13 For Sale $141,750 -- $20 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Charlie Armstrong

    Seller's Agent in 2013

    Charlie Armstrong

    NAI Ruhl Commercial Company

    (563) 529-6600

    44 Total Sales

    Charlie Armstrong
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Map

Source: RMLS Alliance

MLS Number: RMAQC7028887

RMLS Alliance

APN: L0007-22

Iowa Scott County Davenport 52801 Downtown Davenport

224 W 3rd St, Davenport, IA

This home is located at 224 W 3rd St, Davenport, IA 52801 since 22 January 2013. This property was built in 1890. 224 W 3rd St is a home located in Scott County with nearby schools including Jefferson Elementary School, Frank L. Smart Intermediate School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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