NOT LISTED FOR SALE

5345 Elmore Ave Unit 200 Davenport, IA 52807

North Side Neighborhood

Estimated Value: $5,357,983

-- Bed
-- Bath
-- Sq Ft
1.29 Acres

About This Home

As of October 2017

937 SF available in Strip Center on Northeast corner of Elmore & 53rd Streets in Davenport. Co-tenants include Starbucks, AT&T, Noodles & Co. and Charles Schwab. Available February 1, 2018

Last Agent to Rent the Property

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 08/23/2017

Mel Foster Co. Commercial

Last Renter's Agent

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 08/23/2017

Mel Foster Co. Commercial

Property Details

Property Type

  • Other

Year Built

  • Built in 2007

Lot Details

  • 1.29

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all

Property Details

Property Type

Other

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Lease Dollar Sq Ft: 25.5
  • Owner Pays: None
  • Sale Lease Includes: Building
  • Tenant Pays: All
  • Terms Lease: 3 Years, 5 Years, Other Term/Lease

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 2007
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Min Ceiling Ht Feet: 12
  • Total Building Sq Ft: 4659
  • Estimated Lot Sq Ft: 56091

Exterior Features

  • Exterior Finish: Stucco, Brick
  • Frontage Access: Paved 4Lane, City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Flat
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 10

Utilities

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

Lot Info

  • Estimated Number of Acres: 1.29
  • Zoning: PDD
  • Geo Subdivision: IA
  • Property Use: Strip Center

Tax Info

  • Annual Taxes: 66652
  • Parcel Id Number Tax Id: Y0817-01K
  • Estimated Taxes Sq Ft: 7.07
  • Tax Incentive: In City Limit
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2012
Sold by
Kre Llc
Bought by
Investors Llc
Current Estimated Value
$5,357,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Outstanding Balance
$2,207,658
Interest Rate
3.28%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$3,134,326

Purchase Details

Closed on
Dec 18, 2012
Sold by
Elmore & 53Rd Properties Llc
Bought by
Consolidated Investors L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Outstanding Balance
$2,207,658
Interest Rate
3.28%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$3,134,326

Purchase Details

Closed on
Apr 5, 2010
Sold by
Kre Llc
Bought by
Elmore & 53Rd Properties Llc

Purchase Details

Closed on
Jan 8, 2008
Sold by
Kre Llc
Bought by
Elmore & 53Rd Properties Llc

Purchase Details

Closed on
Jul 7, 2006
Sold by
The National Bank
Bought by
Kre Llc
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
Investors Llc $3,200,000 None Available
Consolidated Investors L L C -- None Available
Elmore & 53Rd Properties Llc -- None Available
Elmore & 53Rd Properties Llc -- None Available
Kre Llc $1,136,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Investors Llc $3,200,000
Closed Consolidated Investors L L C $3,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2017 10/25/17 Rented $119,467 +400.0% --
08/23/2017 08/23/17 For Rent $23,894 -57.5% --
11/14/2014 11/14/14 Rented $56,220 0.0% --
11/14/2014 11/14/14 Under Contract -- -- --
10/17/2013 10/17/13 For Rent $56,220 -- --
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 $74,964 $2,350,460 $1,121,820 $1,228,640
2024 $74,424 $2,270,090 $1,121,820 $1,148,270
2023 $75,816 $2,270,090 $1,121,820 $1,148,270
2022 $76,058 $2,214,270 $1,121,820 $1,092,450
2021 $76,058 $2,214,270 $1,121,820 $1,092,450
2020 $75,582 $2,214,270 $1,121,820 $1,092,450
2019 $68,814 $2,032,180 $1,121,820 $910,360
2018 $68,934 $2,032,180 $1,121,820 $910,360
2017 $66,944 $2,032,180 $1,121,820 $910,360
2016 $53,550 $0 $0 $0
2015 $53,550 $0 $0 $0
2014 $55,192 $0 $0 $0
2013 $60,358 $0 $0 $0
2012 -- $1,590,300 $816,000 $774,300
Source: Public Records

Agents Affiliated with this Home

  • Thad DenHartog

    Landlord's Agent in 2017

    Thad DenHartog

    Mel Foster Co. Commercial

    (563) 650-8676

    30 in this area

    116 Total Sales

    Thad DenHartog
    Section Image

  • N

    Buyer's Agent in 2014

    NON MLS

    NON-MLS QCAR

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAQC7037661

RMLS Alliance

APN: Y0817-01K

Iowa Scott County Davenport 52807 North Side

5345 Elmore Ave Unit 200, Davenport, IA

Not Listed for Sale

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