NOT LISTED FOR SALE

Estimated Value: $116,678

-- Bed
-- Bath
4,743 Sq Ft
$25/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $30,000 $6 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $760/month

350 Days on Market

About This Home

As of June 2019

Formally known as "Connections" Nite Club in Davenport Iowa is for sale! Great Opportunity to get this at a STEAL of a Price! Price includes 4,743 sq' Brick Building, 3 Lots (including Parking Lot to the West and Outside Beer Garden to the east), all Equipment, and the Nite Club Business! Upstairs "Cafe" could be converted to restaurant with plenty of seating and natural light. Building has newer 100 amp Electrical Panel, 4 Newer Forced-air Gas Furnaces, 4 Newer CAC units, Newer Bathrooms, and Many other Updates! Business includes $50k Dance Floor, $10k "Martin" Intelligent Lighting System, Top-of-Line Sound System, Fog Machine, 3 Bars, much more! Three Downtown Contiguous Parcels that Total .41 Acres - Possible Development Site. Main Bar 36 'x 17'; Stage Rm 45' x 18'; Addition to Stage Rm 32' x 16'; Upstairs Seating 41' x 17'; Upstairs Cafe 44' x 19'. All Equipment stays and is being sold "AS IS, WHERE IS". This property previously sold for $212,500 before back addition was rebuilt!

Last Agent to Sell the Property

Lucky Lang II

Mel Foster Co. Davenport License #S62276000/ 475172615 Listed on: 06/26/2018

Mel Foster Co. Davenport

Last Buyer's Agent

Lucky Lang II

Mel Foster Co. Davenport License #S62276000/ 475172615 Listed on: 06/26/2018

Mel Foster Co. Davenport

Property Details

Property Type

  • Other

Year Built

  • Built in 1890

Lot Details

  • 0.41

Utilities

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

Listing and Financial Details

  • Tenant pays for all

Property Details

Property Type

Other

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl, Wood
  • Total Building Sq Ft: 4743
  • Estimated Lot Sq Ft: 150 x 120

Exterior Features

  • Exterior Finish: Brick, Other Exterior Finish
  • Frontage Access: Paved 4Lane, Inside Lot, City Street
  • Insulation: Roof
  • Roof Construction: Comp Roll
  • Wall Construction: Brick

Garage/Parking

  • Numberparking Spaces Allocated: 8

Utilities

  • Cooling: Central Air, Individual Control, Individual Units
  • Heating: Forced Air, Gas, Zones

Association/Amenities

  • Amenities: Cable

Lot Info

  • Estimated Number of Acres: 0.41
  • Zoning: C-4
  • Geo Subdivision: IA
  • Property Use: Other Property Use

Rental Info

  • Owner Pays: None
  • Sale Lease Includes: Building, Business, Land, Sale/Lease Other
  • Tenant Pays: All
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 3674
  • Parcel Id Number Tax Id: L0014-32, L0014-31, L0014
  • Tax Incentive: In City Limit
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2017
Sold by
Miguere Emily
Bought by
Rjw Properties Llc
Current Estimated Value
$116,678

Purchase Details

Closed on
Oct 17, 2005
Sold by
Meier John and Meier Rae C
Bought by
822 West Second Street Properties Llc

Purchase Details

Closed on
Oct 13, 2005
Sold by
Grimes Terry and Dawson Chris
Bought by
Meier John and Meier Rae C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rjw Properties Llc -- None Available
822 West Second Street Properties Llc -- None Available
Meier John -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2019 06/19/19 Sold $30,000 -62.5% $6 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
05/09/2019 05/09/19 Price Changed $80,000 -20.0% $17 / Sq Ft
02/13/2019 02/13/19 Price Changed $100,000 -9.1% $21 / Sq Ft
11/01/2018 11/01/18 Price Changed $110,000 -8.3% $23 / Sq Ft
08/10/2018 08/10/18 Price Changed $120,000 -7.7% $25 / Sq Ft
07/30/2018 07/30/18 Price Changed $130,000 -7.1% $27 / Sq Ft
07/18/2018 07/18/18 Price Changed $140,000 -6.7% $30 / Sq Ft
06/26/2018 06/26/18 For Sale $150,000 -- $32 / 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 $1,724 $102,280 $17,100 $85,180
2024 $2,130 $96,420 $17,100 $79,320
2023 $2,524 $98,960 $17,100 $81,860
2022 $2,082 $102,610 $17,100 $85,510
2021 $2,082 $97,010 $17,100 $79,910
2020 $2,933 $69,980 $17,100 $52,880
2019 $4,804 $110,300 $17,100 $93,200
2018 $5,343 $110,300 $17,100 $93,200
2017 $3,674 $110,300 $17,100 $93,200
2016 $6,161 $110,100 $0 $0
2015 $3,902 $110,100 $0 $0
2014 $3,948 $110,100 $0 $0
2013 $4,196 $0 $0 $0
2012 -- $110,100 $16,300 $93,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7039000

RMLS Alliance

APN: L0014-32