NOT LISTED FOR SALE

303 W 3rd St Davenport, IA 52801

Downtown Davenport Neighborhood

Estimated Value: $773,378

-- Bed
-- Bath
5,000 Sq Ft
$155/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $550,000 $110 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,201/month

About This Home

As of December 2020

Great business opportunity in Downtown Davenport. Former nightclub, 5,000 SF with equipment.

Last Agent to Sell the Property

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 02/24/2020

Mel Foster Co. Commercial

Last Buyer's Agent

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 02/24/2020

Mel Foster Co. Commercial

Property Details

Property Type

  • Other

Year Built

  • Built in 1970

Lot Details

  • 6,098

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all

Property Details

Property Type

Other

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Lvt Date: 09/24/2020
  • Year Built: 1970
  • Handicap Modified: Unknown
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Reinforced Concrete
  • Other Access: None
  • Total Building Sq Ft: 5000
  • Estimated Lot Sq Ft: 6095

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Corner Lot, City Street
  • Insulation: Roof
  • Roof Construction: Tar/Gravel
  • Wall Construction: Block

Utilities

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

Lot Info

  • Estimated Number of Acres: 0.14
  • Zoning: C-D
  • Geo Subdivision: IA
  • Property Use: Other Property Use, Street Retail

Rental Info

  • Owner Pays: None
  • Sale Lease Includes: Building, Sale/Lease Other
  • Tenant Pays: All
  • Terms Lease: 3 Years, 4 Years, 5 Years, Other Term/Lease

Tax Info

  • Annual Taxes: 17264
  • Parcel Id Number Tax Id: L0006-28A
  • Tax Incentive: None
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Dec 30, 2020
Sold by
1600 Jdr Llc
Bought by
303 West 3Rd Llc
Seller's Agent
Thad DenHartog
Mel Foster Co. Commercial
Buyer's Agent
Thad DenHartog
Mel Foster Co. Commercial
List Price
$625,000
Sold Price
$550,000
Premium/Discount to List
-$75,000
-12%
Current Estimated Value
$773,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,378
Avg. Annual Appreciation
7.42%

Purchase Details

Listed on
Nov 7, 2012
Closed on
Mar 7, 2013
Sold by
Davison Shelly J
Bought by
1600 Jdr Llc
Seller's Agent
Alexander Kelly
NAI Ruhl Commercial Company
Buyer's Agent
Thad DenHartog
Mel Foster Co. Commercial
List Price
$525,000
Sold Price
$465,000
Premium/Discount to List
-$60,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%
Original Mortgage
$372,000
Interest Rate
3.49%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 29, 2005
Sold by
Cullen Electric Service Co
Bought by
Davison Burton Don and Davison Shelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.98%
Mortgage Type
Future Advance Clause Open End Mortgage
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
303 West 3Rd Llc $550,000 None Available
1600 Jdr Llc $465,000 None Available
Davison Burton Don $310,000 None Available
Cullen Electric Service Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1600 Jdr Llc $372,000
Previous Owner Davison Burton Don $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $550,000 -12.0% $110 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $625,000 +34.4% $125 / Sq Ft
03/13/2013 03/13/13 Sold $465,000 -11.4% $93 / Sq Ft
01/22/2013 01/22/13 Pending -- -- --
11/07/2012 11/07/12 For Sale $525,000 -- $105 / 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
2024 $13,204 $412,900 $121,900 $291,000
2023 $14,204 $412,900 $121,900 $291,000
2022 $17,452 $412,900 $121,900 $291,000
2021 $17,452 $512,090 $121,900 $390,190
2020 $17,578 $512,090 $121,900 $390,190
2019 $14,332 $447,060 $121,900 $325,160
2018 $14,362 $447,060 $121,900 $325,160
2017 $13,140 $447,060 $121,900 $325,160
2016 $12,656 $0 $0 $0
2015 $12,656 $0 $0 $0
2014 $13,920 $0 $0 $0
2013 $16,716 $0 $0 $0
2012 -- $411,100 $97,300 $313,800
Source: Public Records

Agents Affiliated with this Home

  • Thad DenHartog

    Seller's Agent in 2020

    Thad DenHartog

    Mel Foster Co. Commercial

    (563) 650-8676

    1 in this area

    122 Total Sales

    Thad DenHartog
    Section Image
  • Alexander Kelly

    Seller's Agent in 2013

    Alexander Kelly

    NAI Ruhl Commercial Company

    (309) 236-5489

    2 in this area

    43 Total Sales

    Alexander Kelly
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC4215571

RMLS Alliance

APN: L0006-28A

Iowa Scott County Davenport 52801 Downtown Davenport

303 W 3rd St, Davenport, IA

This home is located at 303 W 3rd St, Davenport, IA 52801 since 24 February 2020 and is currently estimated at $773,378, approximately $154 per square foot. This property was built in 1970. 303 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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