NOT LISTED FOR SALE

Estimated Value: $1,496,065

4 Beds
3 Baths
-- Sq Ft
25.56 Acres

Last Sold May 02, 2022

Last sale price $1,170,000

Est. 28% increase in value since last sale

Current estimated payment $7,991/month

About This Home

As of May 2022

Iconic property in heart of NE Davenport owned by the late Joe Whitty. Over 25 acres of property not easily found. Definite development potential or as a stand alone horse or recreation property. Large 3 bdrm home and a 2nd rental home with additional outbuildings. Hard to find property in a great location.

Last Agent to Sell the Property

Dennis Stolk

Ruhl&Ruhl REALTORS Davenport License #B17094000/475.080583 Listed on: 11/30/2021

Ruhl&Ruhl REALTORS Davenport

Co-Listed By

Shawn Langan

NAI Ruhl Commercial Company License #S62759000/475.162291

Last Buyer's Agent

Dwayne Anderson

Dwayne Anderson Co. Commercial Real Estate License #471.000321/B42787000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,908

Lot Details

  • 25.56

Schools

  • Davenport High School

Listing and Financial Details

  • Tenant pays for tenant pays
  • The owner pays for owner pays

Property Details

Property Type

Other

Est. Annual Taxes

$8,908

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Land & Farm, Other
  • Exemptions: Ag
  • Lvt Date: 11/30/2021
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring
  • Other Access: None
  • Range: 4E
  • Estimated Lot Sq Ft: 1,113,394 sq ft

Exterior Features

  • Exterior Finish: Other Exterior Finish
  • Frontage Access: City Street, Paved 2Lane
  • Insulation: Other Insulation
  • Roof Construction: Other Roof Construction
  • Wall Construction: Other Wall Construction

Utilities

  • Cooling: Other Cooling
  • Heating: Other Heating
  • Utilities On-site: Electric, Gas
  • Water Supply: Private Well

Schools

  • School District: Davenport
  • High School: Davenport

Lot Info

  • Estimated Number of Acres: 25.56
  • Zoning: Residentia
  • Acres Permanent Pasture: 11.4
  • Easements Restrictions: Unknown
  • Farm: Yes
  • Farm Residence: 1.5 Stories, 20-40 Years, 40+ Years, Other Farm Residence
  • Farm Type: Grain, Horse, Pasture
  • Fsa Acres Tillable: 8.5
  • Land Description: Level, Rolling, Sloping
  • Property Type Use: Agricultural, Other Property Type/Use, Residential
  • Geo Subdivision: IA
  • Fenced F: Yes

Rental Info

  • Lease Info: Cropland Leased
  • Owner Pays: Owner Pays Other
  • Sale Lease Includes: Sale/Lease Other
  • Tenant Pays: Tenant Pays Other
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 8908
  • Parcel Id Number Tax Id: Y0653-13
  • Tax Incentive: None
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Apr 27, 2022
Sold by
Kjtlj Llc
Bought by
Splendor Estates Llc
Seller's Agent
Dennis Stolk
Ruhl&Ruhl REALTORS Davenport
Buyer's Agent
Dwayne Anderson
Dwayne Anderson Co. Commercial Real Estate
List Price
$1,195,000
Sold Price
$1,170,000
Premium/Discount to List
-$25,000
-2.09%
Current Estimated Value
$1,496,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,065
Avg. Annual Appreciation
7.43%
Original Mortgage
$1,060,000
Outstanding Balance
$1,005,704
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$490,361

Purchase Details

Closed on
Dec 19, 2008
Sold by
Revocable Living Trust Of Lawrence J Whi
Bought by
Kjtlj Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Interest Rate
6.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 16, 2008
Sold by
Whitty Lawrence J
Bought by
Revocable Living Trust Of Lawrence J Whi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Interest Rate
6.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 9, 2008
Sold by
Whitty Lawrence J
Bought by
Whitty Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Interest Rate
6.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 17, 2007
Sold by
Whitty Lawrence J and Whitty Nancy J
Bought by
Revocable 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
Splendor Estates Llc $1,325,000 None Listed On Document
Kjtlj Llc $1,122,000 None Available
Revocable Living Trust Of Lawrence J Whi -- None Available
Whitty Lawrence J -- None Available
Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Splendor Estates Llc $1,060,000
Previous Owner Kjtlj Llc $792,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2022 05/02/22 Sold $1,170,000 -2.1% --
11/30/2021 11/30/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $1,195,000 -- --
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 $336 $20,730 $20,260 $470
2023 $7,576 $20,730 $20,260 $470
2022 $7,612 $354,450 $16,700 $337,750
2021 $7,612 $354,450 $16,700 $337,750
2020 $7,329 $334,830 $16,970 $317,860
2019 $7,444 $341,000 $23,140 $317,860
2018 $7,284 $341,000 $23,140 $317,860
2017 $7,502 $341,000 $23,140 $317,860
2016 $6,962 $317,860 $0 $0
2015 $7,216 $28,400 $0 $0
2014 $310 $28,400 $0 $0
2013 $300 $0 $0 $0
2012 -- $20,900 $20,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4228733

RMLS Alliance

APN: Y0653-13