NOT LISTED FOR SALE

902 E River Dr Davenport, IA 52803

East End Neighborhood

Estimated Value: $276,275

Studio
-- Bath
3,945 Sq Ft
$70/Sq Ft Est. Value

About This Home

As of April 2021

This property has great exposure at the corner of E. River Drive and Tremont Avenue, and within walking distance to the Village Of East Davenport. Traffic count is approximately 20,100 VPD. Located next to Java Java, the Gordon-Van Tine Commons, and River Drive bike trails. Lower level is large open commercial space. Upper level is single apartment currently leased out. Upstairs tenant paying $865.00 per month. Property has 15 parking spaces and new windows on the south wall along River Drive.

Last Agent to Rent the Property

Shawn Langan

NAI Ruhl Commercial Company License #S62759000/475.162291 Listed on: 12/02/2020

NAI Ruhl Commercial Company

Co-Listed By

Pete Hadjis

NAI Ruhl Commercial Company License #S67761000/475.188914

Last Renter's Agent

Mhisho Vuong-Lynch

Cornerstone Partners QC - Real Broker, LLC License #S67851000/475.217510

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,518

Year Built

  • Built in 1900

Lot Details

  • 9,583

Utilities

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

Listing and Financial Details

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

Property Details

Property Type

Other

Est. Annual Taxes

$2,518

Year Built

Built in 1900

Lot Details

9,583 Sq Ft Lot

Rental Info

  • Monthly Lease Rate: 1875
  • Lease Type: Gross
  • Owner Pays: Real Estate Taxes, Insurance, Structural Maintenance, Common Area Maint, Snow/Lawn
  • Tenant Pays: Internal Maintenance, Janitorial, Trash, Gas, Electric, Heating, Cooling, Water/Sewer
  • Terms Lease: 3 Years, 4 Years, 5 Years, Other Term/Lease

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Retail
  • Lvt Date: 12/02/2020
  • Year Built: 1900
  • Handicap Modified: Unknown
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Total Building Sq Ft: 4416
  • Estimated Lot Sq Ft: 9552

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Corner Lot, Paved 4Lane
  • Insulation: Roof, Side Walls
  • Roof Construction: Flat
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 15

Utilities

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

Lot Info

  • Estimated Number of Acres: 0.22
  • Zoning: M-1
  • Geo Subdivision: IA
  • Property Use: Other Property Use, Office Building

Tax Info

  • Annual Taxes: 2518
  • Parcel Id Number Tax Id: F0060-14A
  • Tax Incentive: None
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2024
Sold by
M & T Preservation Llc
Bought by
Pohl Randolph S
Current Estimated Value
$276,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Outstanding Balance
$221,424
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$54,851

Purchase Details

Listed on
Dec 2, 2020
Closed on
Apr 22, 2021
Sold by
Yash Commercial Properties Llc
Bought by
M & T Perservation Llc
Seller's Agent
Shawn Langan
NAI Ruhl Commercial Company
Buyer's Agent
Mhisho Vuong-Lynch
Cornerstone Partners QC - Real Broker, LLC
Sold Price
$177,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2015
Sold by
Schiltz Properties Inc
Bought by
Y & J Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,740,000
Interest Rate
3.77%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Pohl Randolph S $280,000 None Listed On Document
M & T Perservation Llc $177,500 None Listed On Document
Y & J Properties Llc $4,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pohl Randolph S $224,000
Previous Owner M & T Perservation Llc $167,500
Previous Owner Y & J Properties Llc $3,740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2021 04/22/21 Rented $177,500 -9.0% --
03/19/2021 03/19/21 Under Contract -- -- --
12/02/2020 12/02/20 For Rent $195,000 -- --
Source: RMLS Alliance

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 $4,737 $255,200 $26,270 $228,930
2024 $4,354 $243,050 $26,270 $216,780
2023 $3,977 $228,340 $26,270 $202,070
2022 $3,912 $161,910 $26,270 $135,640
2021 $3,654 $161,910 $26,270 $135,640
2020 $2,568 $145,620 $26,270 $119,350
2019 $2,418 $107,790 $26,270 $81,520
2018 $63 $107,790 $26,270 $81,520
2017 $970 $107,790 $26,270 $81,520
2016 $4,142 $116,900 $0 $0
2015 $4,142 $116,900 $0 $0
2014 $2,596 $116,900 $0 $0
2013 $3,486 $0 $0 $0
2012 -- $116,900 $28,900 $88,000
Source: Public Records

Agents Affiliated with this Home

  • Shawn Langan

    Landlord's Agent in 2021

    Shawn Langan

    NAI Ruhl Commercial Company

    (563) 823-5118

    6 in this area

    232 Total Sales

    Shawn Langan
    Section Image
  • Pete Hadjis

    Landlord's Co-Listing Agent in 2021

    Pete Hadjis

    NAI Ruhl Commercial Company

    (563) 484-4151

    85 Total Sales

    Pete Hadjis
    Section Image
  • Mhisho Vuong-Lynch

    Tenant's Agent in 2021

    Mhisho Vuong-Lynch

    Cornerstone Partners QC - Real Broker, LLC

    (563) 370-1735

    4 in this area

    59 Total Sales

    Mhisho Vuong-Lynch
    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4217359

RMLS Alliance

APN: F0060-14A

Iowa Scott County Davenport 52803 East End

902 E River Dr, Davenport, IA

Not Listed for Sale

Other

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RMLS Alliance Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Based on information submitted to the MLS GRID

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