Seller's Agent in 2020
Thad DenHartog
Mel Foster Co. Commercial
(563) 650-8676
1 in this area
122 Total Sales
303 W 3rd St Davenport, IA 52801
Downtown Davenport Neighborhood
--
Bed
--
Bath
5,000
Sq Ft
6,098
Sq Ft Lot
About This Home
As of December 2020Great investment opportunity. Property has a long-term true NNN lease in place with a stable tenant. Priced at a 13.7% capitalization rate.
Last Agent to Sell the Property
NAI Ruhl Commercial Company License #475.134777/S60345000 Listed on: 11/07/2012
Property Details
Property Type
- Other
Year Built
- Built in 1970
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tenant pays for all
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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | None Available | |
| Warranty Deed | $465,000 | None Available | |
| Warranty Deed | $310,000 | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $372,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $500,000 | Future Advance Clause Open End Mortgage |
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
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
-
Alexander Kelly
Seller's Agent in 2013
Alexander Kelly
NAI Ruhl Commercial Company
(309) 236-5489
2 in this area
43 Total Sales
Map
Source: RMLS Alliance
MLS Number: RMAQC7028257
APN: L0006-28A
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