Seller's Agent in 2021
Barb Smed
Keller Williams Legacy Group
(563) 568-7159
108 Total Sales
1608 Main St Lansing, IA 52151
Estimated Value: $350,000 - $575,484
3
Beds
4
Baths
1,216
Sq Ft
$357/Sq Ft
Est. Value
Highlights
- Laundry Room
- Ceiling Fan
- Wood Siding
- Kee High School Rated A-
About This Home
As of June 2021Investment opportunity in Lansing, Iowa! This well-established motel features 12 individual motel rooms, a cabin and a very nice home. The residence is a well-maintained home featuring three bedrooms and three bathrooms – one bed and bath combo on each level of the home. The motel office is on ground level, connecting to the garage. There is a guest bed and bath on this level, as well. The main floor residence boasts elegant charm and a lovely view of the bluffs. Lots of natural light flows through the window on this level highlighting the hardwood floors and updated kitchen. The upper level suite provides a nice view toward the Mississippi River and a quiet retreat with bedroom and living areas and a full bath. There is running water and a hot water heater for the garage. Motel units include 13 rooms, counting the cabin – which is used seasonally as a rental and/or storage space. The rooms are currently rented on a nightly basis. Since purchasing the property, the owners have replaced all the beds, bedding and pillows in the motel rooms. Also updated in the motel rooms are the furniture, refrigerators, decorations, microwaves and multiple air conditioner units. More details available to qualified buyers upon request. Lots of parking, which is very popular with guests bringing their boats. Lansing draws tourists from all over the midwest, those coming to explore the Driftless Region, the Missisippi River, and all the other parks and nature opportunities in this area! Located just 15 miles from Waukon; 35 miles to Decorah and 40 miles to LaCrosse, Wisconsin.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2003
Lot Details
- 3.2
Home Design
- Asphalt Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 1,216 Sq Ft Home
- Ceiling Fan
- Laundry Room
Parking
- 30 Open Parking Spaces
- Tuck Under Garage
- Parking Available
- Paved Parking
Schools
- Lansing Elementary And Middle School
- Lansing High School
Additional Features
- 3.2 Acre Lot
- Window Unit Cooling System
Community Details
- 14 Units
- Water Sewer Expense $2,425
Listing and Financial Details
- Assessor Parcel Number 0830401021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2021
Closed on
May 27, 2021
Sold by
Kobliska James D and Kobliska Marsha J
Bought by
Investyle Real Estate Llc
Seller's Agent
Barb Smed
Keller Williams Legacy Group
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%
Total Days on Market
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,621
Avg. Annual Appreciation
3.92%
Original Mortgage
$355,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Investyle Real Estate Llc | $375,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Icr Holdings Llc | $505,000 | |
| Closed | Investyle Real Estate Llc | $355,000 | |
| Previous Owner | Kobliska Marsha J | $258,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2021 06/28/21 | Sold | $375,000 | -5.1% | $308 / Sq Ft |
| 02/28/2021 02/28/21 | Pending | -- | -- | -- |
| 01/18/2021 01/18/21 | For Sale | $395,000 | -- | $325 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Tax History Compared to Growth
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 | $9,624 | $501,300 | $43,300 | $458,000 |
| 2023 | $9,624 | $501,300 | $43,300 | $458,000 |
| 2022 | $9,286 | $331,600 | $43,300 | $288,300 |
| 2021 | $7,402 | $328,300 | $40,000 | $288,300 |
| 2020 | $7,402 | $314,700 | $40,000 | $274,700 |
| 2019 | $8,104 | $316,600 | $0 | $0 |
| 2018 | $7,990 | $303,900 | $0 | $0 |
| 2017 | $7,990 | $130,386 | $0 | $0 |
| 2016 | $7,982 | $303,900 | $0 | $0 |
| 2015 | $4,252 | $130,386 | $0 | $0 |
| 2014 | $9,158 | $303,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Barb Smed
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20210206
APN: 08-30-401-021
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