NOT LISTED FOR SALE

2828 W 73rd St Davenport, IA 52806

North Side Neighborhood

Estimated Value: $538,381

-- Bed
-- Bath
525 Sq Ft
$1,025/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $305,000 $581 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,806/month

321 Days on Market

About This Home

As of May 2012

Ideal owner occupied opportunity. 3 tenant bldg. with Unit #1 (2,666 SF) vacant. Vacant unit can be leased at $1,556/month plus snow plow, utilities and interior janitorial. Landlord pays tax and insurance. Entire building (8,000 SF) can be purchased for $345,000. Two other units have been occupied for several years. *Contract terms possible*

Last Agent to Sell the Property

Richard Schaefer

NAI Ruhl Commercial Company License #S32803000/475.140021 Listed on: 06/08/2011

NAI Ruhl Commercial Company

Last Buyer's Agent

Kerry Panozzo

HomeSmart Residential and Commercial Realty License #B60920000 / 471021428

Property Details

Property Type

  • Other

Year Built

  • Built in 1992

Lot Details

  • 1.39

Utilities

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

Listing and Financial Details

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

Property Details

Property Type

Other

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted
  • Total Building Sq Ft: 8000
  • Estimated Lot Sq Ft: 60548

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Paved 2Lane, Inside Lot
  • Insulation: Roof, Side Walls
  • Roof Construction: Comp Shingle
  • Wall Construction: Brick, Frame, Masonry

Garage/Parking

  • Numberparking Spaces Allocated: 5

Utilities

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

Lot Info

  • Estimated Number of Acres: 1.39
  • Zoning: M-1
  • Geo Subdivision: IA

Rental Info

  • Monthly Lease Rate: 1556
  • Lease Dollar Sq Ft: 7
  • Owner Pays: Real Estate Taxes, Insurance, Structural Maintenance
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Janitorial, Trash, Snow/Lawn, Gas, Electric, Heating, Cooling, Water/Sewer
  • Terms Lease: 2 Years, 3 Years, 4 Years, 5 Years

Tax Info

  • Annual Taxes: 15538
  • Parcel Id Number Tax Id: W0405B07A
  • Estimated Taxes Sq Ft: 1.94
  • Tax Incentive: None
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2011
Closed on
May 30, 2012
Sold by
T & S Enterprises Inc
Bought by
Nest Holdings Llc
Seller's Agent
Richard Schaefer
NAI Ruhl Commercial Company
Buyer's Agent
Kerry Panozzo
HomeSmart Residential and Commercial Realty
List Price
$380,000
Sold Price
$305,000
Premium/Discount to List
-$75,000
-19.74%
Current Estimated Value
$538,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,381
Avg. Annual Appreciation
4.29%
Original Mortgage
$244,000
Outstanding Balance
$169,214
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$369,167

Purchase Details

Closed on
Oct 10, 2011
Sold by
Moline Plow Llc
Bought by
Iowa Machine Shed Co
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
Nest Holdings Llc $305,000 None Available
Iowa Machine Shed Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nest Holdings Llc $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2012 05/31/12 Sold $305,000 -19.7% $581 / Sq Ft
04/24/2012 04/24/12 Pending -- -- --
06/08/2011 06/08/11 For Sale $380,000 -- $724 / Sq Ft
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 $11,660 $478,490 $58,890 $419,600
2024 $11,584 $414,800 $58,890 $355,910
2023 $12,004 $414,800 $58,890 $355,910
2022 $11,334 $400,200 $58,890 $341,310
2021 $11,334 $400,200 $58,890 $341,310
2020 $11,178 $400,200 $58,890 $341,310
2019 $10,418 $383,950 $58,890 $325,060
2018 $10,364 $383,950 $58,890 $325,060
2017 $9,266 $383,950 $58,890 $325,060
2016 $10,354 $389,900 $0 $0
2015 $10,354 $389,900 $0 $0
2014 $11,472 $389,900 $0 $0
2013 $14,862 $0 $0 $0
2012 -- $400,000 $100,700 $299,300
Source: Public Records

Agents Affiliated with this Home

  • Richard Schaefer

    Seller's Agent in 2012

    Richard Schaefer

    NAI Ruhl Commercial Company

    (563) 823-5118

    11 in this area

    48 Total Sales

    Richard Schaefer
    Section Image
  • Kerry Panozzo

    Buyer's Agent in 2012

    Kerry Panozzo

    HomeSmart Residential and Commercial Realty

    (563) 571-0209

    7 Total Sales

    Kerry Panozzo
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC7025313

RMLS Alliance

APN: W0405B07A

Iowa Scott County Davenport 52806 North Side

2828 W 73rd St, Davenport, IA

Not Listed for Sale

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