NOT LISTED FOR SALE

405 E Locust St Davenport, IA 52803

Central Davenport Neighborhood

Estimated Value: $1,955,081

-- Bed
-- Bath
35,632 Sq Ft
$55/Sq Ft Est. Value

Last Sold August 09, 2018

Last sale price $1,475,000 $41 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $14,881/month

About This Home

As of August 2018

23,092 SF and 12,540 SF retail space. Currently operating Grocery Store and Dollar General. Shared dock and signage on building facade and pylon. Newer roof on property. See LA for Lease details.

Last Agent to Sell the Property

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 01/26/2018

Mel Foster Co. Commercial

Last Buyer's Agent

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 01/26/2018

Mel Foster Co. Commercial

Property Details

Property Type

  • Other

Year Built

  • Built in 1990

Lot Details

  • 3.2

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for all

Property Details

Property Type

Other

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 1990
  • Handicap Modified: Unknown
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring
  • Other Access: None
  • Total Building Sq Ft: 35632
  • Estimated Lot Sq Ft: 139392 SF

Exterior Features

  • Exterior Finish: Concrete, Other Exterior Finish
  • Frontage Access: Corner Lot, City Street
  • Insulation: Unknown
  • Roof Construction: Flat
  • Wall Construction: Other Wall Construction

Utilities

  • Cooling: Central Air
  • Heating: Gas

Lot Info

  • Estimated Number of Acres: 3.2
  • Zoning: C-1
  • Geo Subdivision: IA
  • Property Use: Freestanding Building

Rental Info

  • Owner Pays: All, N/A
  • Sale Lease Includes: Building, Land
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 57940
  • Parcel Id Number Tax Id: F0002-02B
  • Tax Incentive: In City Limit
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2018
Closed on
Jul 30, 2018
Sold by
Sharon A Conklin Ret
Bought by
Guru Nanak Food Mart Inc
Seller's Agent
Thad DenHartog
Mel Foster Co. Commercial
Buyer's Agent
Thad DenHartog
Mel Foster Co. Commercial
List Price
$1,695,000
Sold Price
$1,475,000
Premium/Discount to List
-$220,000
-12.98%
Current Estimated Value
$1,955,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,081
Avg. Annual Appreciation
4.00%
Original Mortgage
$1,200,000
Interest Rate
4.5%
Mortgage Type
Small Business Administration
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
Guru Nanak Food Mart Inc $1,475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guru Nanak Food Mart Inc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2018 08/09/18 Sold $1,475,000 -13.0% $41 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $1,695,000 -- $48 / 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 $54,195 $1,716,610 $566,280 $1,150,330
2023 $52,020 $1,606,390 $566,280 $1,040,110
2022 $50,245 $1,475,000 $566,280 $908,720
2021 $49,682 $1,475,000 $566,280 $908,720
2020 $50,954 $1,475,000 $566,280 $908,720
2019 $61,469 $1,712,150 $566,280 $1,145,870
2018 $60,844 $1,712,150 $566,280 $1,145,870
2017 $57,940 $1,712,150 $566,280 $1,145,870
2016 $51,050 $1,440,700 $0 $0
2015 $51,050 $1,440,700 $0 $0
2014 $51,666 $1,440,700 $0 $0
2013 $54,912 $0 $0 $0
2012 -- $1,440,700 $378,000 $1,062,700
Source: Public Records

Agents Affiliated with this Home

  • Thad DenHartog

    Seller's Agent in 2018

    Thad DenHartog

    Mel Foster Co. Commercial

    (563) 650-8676

    2 in this area

    122 Total Sales

    Thad DenHartog
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Map

Source: RMLS Alliance

MLS Number: RMAQC7038371

RMLS Alliance

APN: F0002-02B

Iowa Scott County Davenport 52803 Central Davenport

405 E Locust St, Davenport, IA

This home is located at 405 E Locust St, Davenport, IA 52803 since 26 January 2018 and is currently estimated at $1,955,081, approximately $54 per square foot. This property was built in 1990. 405 E Locust St is a home located in Scott County with nearby schools including Madison Elementary School, Williams 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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