Seller's Agent in 2021
Barb Smed
Keller Williams Legacy Group
(563) 568-7159
98 Total Sales
Estimated Value: $443,000 - $579,083
Investment 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.
Last Agent to Sell the Property
Keller Williams Legacy Group License #B58548 Listed on: 01/18/2021
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Investyle Real Estate Llc | $375,000 | None Available |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Investyle Real Estate Llc | $355,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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 |
| 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 | $9,438 | $562,700 | $43,300 | $519,400 |
| 2024 | $9,438 | $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 |
Seller's Agent in 2021
Barb Smed
Keller Williams Legacy Group
(563) 568-7159
98 Total Sales
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20210206
APN: 08-30-401-021