NOT LISTED FOR SALE

8506 N Fairmount St Davenport, IA 52806

Outer Davenport/Bettendorf Neighborhood

Estimated Value: $1,166,934

-- Bed
-- Bath
1,428 Sq Ft
$817/Sq Ft Est. Value

Last Sold September 23, 2015

Last sale price $795,000 $557 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,536/month

60 Days on Market

About This Home

As of September 2015

Very clean industrial bldg in NW Davenport. Excellent Bldg condition with expansion area or outside storage.

Last Agent to Sell the Property

Jeffrey Miller

J Miller Commercial Real Estate Services License #B23667000/475.130408 Listed on: 04/16/2015

Last Buyer's Agent

Jeffrey Miller

J Miller Commercial Real Estate Services License #B23667000/475.130408 Listed on: 04/16/2015

Property Details

Property Type

  • Other

Year Built

  • Built in 1998

Lot Details

  • 2.09

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for real estate taxes, insurance, common area maintenance, janitorial, trash, snow/lawn, gas, electric, heating, cooling, water/sewer
  • The owner pays for structural maintenance

Property Details

Property Type

Other

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Year Built: 1998
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Maximum Ceiling Ht Feet: 19
  • Maximum Ceiling Ht Inch: 6
  • Min Ceiling Ht Feet: 18
  • Total Building Sq Ft: 15000
  • Estimated Lot Sq Ft: 91,040

Exterior Features

  • Exterior Finish: Aluminum
  • Frontage Access: Paved 2Lane
  • Insulation: Roof, Side Walls
  • Roof Construction: Metal
  • Wall Construction: Steel/ST Fram

Garage/Parking

  • Numberparking Spaces Allocated: 13

Utilities

  • Cooling: Office Only
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 2.09
  • Zoning: M-1
  • Geo Subdivision: IA

Rental Info

  • Lease Dollar Sq Ft: 5.95
  • Lease Type: Net
  • Owner Pays: Structural Maintenance
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Real Estate Taxes, Insurance, Common Area Maint, Janitorial, Trash, Snow/Lawn, Gas, Electric, Heating, Cooling, Water/Sewer
  • Terms Lease: 3 Years, 4 Years, 5 Years, Indexed Rent Increase, Other Term/Lease

Tax Info

  • Annual Taxes: 21760
  • Parcel Id Number Tax Id: V3223-21C
  • Estimated Taxes Sq Ft: 1.45
  • Tax Incentive: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2015
Closed on
Sep 8, 2015
Sold by
Jra Investmensts Inc
Bought by
Eastern Iowa Tire Inc
Seller's Agent
Jeffrey Miller
J Miller Commercial Real Estate Services
Buyer's Agent
Jeffrey Miller
J Miller Commercial Real Estate Services
List Price
$895,000
Sold Price
$795,000
Premium/Discount to List
-$100,000
-11.17%
Current Estimated Value
$1,166,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,934
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Oct 12, 2007
Sold by
Cml Usa Inc
Bought by
Jra Investments Inc

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
6.38%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Eastern Iowa Tire Inc $795,000 Attorney
Jra Investments Inc $625,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jra Investments Inc $500,000
Previous Owner Cml U S A Inc $2,075,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2015 09/23/15 Sold $795,000 -11.2% $557 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $895,000 -- $627 / 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 $26,134 $826,670 $102,590 $724,080
2023 $18,850 $830,770 $102,590 $728,180
2022 $18,662 $602,440 $102,590 $499,850
2021 $18,662 $602,440 $102,590 $499,850
2020 $19,044 $602,440 $102,590 $499,850
2019 $17,644 $557,010 $102,590 $454,420
2018 $18,222 $557,010 $102,590 $454,420
2017 $16,870 $557,010 $102,590 $454,420
2016 $20,450 $0 $0 $0
2015 $20,450 $0 $0 $0
2014 $18,926 $0 $0 $0
2013 $21,760 $0 $0 $0
2012 -- $627,400 $122,000 $505,400
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Miller

    Seller's Agent in 2015

    Jeffrey Miller

    J Miller Commercial Real Estate Services

    (563) 441-2130

    4 Total Sales

    Jeffrey Miller
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Map

Source: RMLS Alliance

MLS Number: RMAQC7033267

RMLS Alliance

APN: V3223-21C

Iowa Scott County Davenport 52806 Outer Davenport/Bettendorf

8506 N Fairmount St, Davenport, IA

This home is located at 8506 N Fairmount St, Davenport, IA 52806 since 16 April 2015 and is currently estimated at $1,166,934, approximately $817 per square foot. This property was built in 1998. 8506 N Fairmount St is a home located in Scott County with nearby schools including John Glenn Elementary School, North Scott Junior High School, and North Scott Senior 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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