Stephanie Liddiard
KW 1Advantage
(563) 794-7692
151 Total Sales
1 in Cresco
$147,000 Price
620 2nd Ave SE Cresco, IA 52136
Cresco AreaEstimated Value: $382,200
Studio
--
Baths
6,849
Sq Ft
$56/Sq Ft
Est. Value
Highlights
- 1.19 Acre Lot
- Heating System Uses Steam
- Level Lot
- Laundry Room
About This Home
As of December 2024The Cresco Motel is conveniently located along State Hwy 9 near restaurants, a coffee shop, 24-hour convenience store, dollar store and liquor/ gifts. The surrounding neighborhood consists of well-kept residential homes and a great public school system. This 20-room property has a fully furnished 2-bedroom manager apartment, laundry room with 2 washers and dryers, garage and storage container. The large parking lot offers plenty of room for guests while being able to accommodate RVs and large trucks. The roof was replaced in 2017. All furniture, fixtures, cameras and supplies will stay with this turnkey business. Cresco is known as "Iowa's Year 'Round Playground" because of the variety of recreational activities available to our visitors and residents. Cresco also offers a strong economy with many long-term businesses and employment opportunities. Great investment opportunity and the current owners pride shows in this well-maintained motel.
Last Agent to Sell the Property
Burke Real Estate License #B44679 Listed on: 09/27/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,312
Year Built
- Built in 1958
Lot Details
- 1.19 Acre Lot
- Level Lot
Parking
- 30 Open Parking Spaces
Home Design
- Concrete Foundation
- Asphalt Roof
- Block Exterior
Laundry
- Laundry Room
Schools
- Cresco Elementary And Middle School
- Cresco High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Steam
- Radiant Heating System
Community Details
- 20 Units
Listing and Financial Details
- Assessor Parcel Number 320090300090000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2024
Closed on
Dec 18, 2024
Sold by
Fansco Llc
Bought by
Seller's Agent
Steven Burke
Burke Real Estate
Buyer's Agent
Steven Burke
Burke Real Estate
List Price
$390,000
Sold Price
$380,000
Premium/Discount to List
-$10,000
-2.56%
Views
17
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
$2,200
Original Mortgage
$304,000
Outstanding Balance
$223,417
Interest Rate
6.84%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 23, 2022
Sold by
Ali Zahid and Ali Rubina
Bought by
Fansco Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.22%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 14, 2008
Sold by
Skjeveland Charles and Skjeveland Kathleen A
Bought by
Ali Zahid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
5.75%
Mortgage Type
Future Advance Clause Open End Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cresco, IA
-
Stephanie Liddiard
-
Kevin Kolbet
Kevin Kolbet
Kolbet Realtors
(641) 552-0245
261 Total Sales
2 in Cresco
$73K - $158K Price Range
-
Taylor Swaney
Taylor Swaney
Responds QuicklyCentury 21 Signature RE - Oelwein
(319) 264-2521
93 Total Sales
1 in Cresco
$256,000 Price
-
Joan Rollins
Joan Rollins
Responds QuicklyAJ Realty, Inc
(563) 202-5523
74 Total Sales
3 in Cresco
$54K - $150K Price Range
-
Ben Harman
Ben Harman
Responds QuicklyHarman Realty
(563) 334-4767
114 Total Sales
1 in Cresco
$320,000 Price
-
Heidi Rice
Heidi Rice
Country Life Real Estate Inc
(507) 315-4204
139 Total Sales
84 in Cresco
$11K - $450K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $380,000 | None Listed On Document | ||
| Fansco Llc | $360,000 | -- | |
| Ali Zahid | $279,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $304,000 | ||
| Previous Owner | Fansco Llc | $288,000 | |
| Previous Owner | Ali Zahid | $251,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/23/2024 12/23/24 | Sold | $380,000 | -2.6% | $55 / Sq Ft |
| 11/15/2024 11/15/24 | Pending | -- | -- | -- |
| 09/27/2024 09/27/24 | For Sale | $390,000 | -- | $57 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,314 | $304,230 | $54,750 | $249,480 |
| 2024 | $6,314 | $228,779 | $45,990 | $182,789 |
| 2023 | $7,154 | $228,779 | $45,990 | $182,789 |
| 2022 | $5,944 | $266,910 | $51,610 | $215,300 |
| 2021 | $5,808 | $266,910 | $51,610 | $215,300 |
| 2020 | $5,924 | $265,310 | $51,610 | $213,700 |
| 2019 | $4,870 | $235,400 | $0 | $0 |
| 2018 | $4,822 | $235,400 | $0 | $0 |
| 2017 | $4,074 | $192,950 | $0 | $0 |
| 2016 | $4,088 | $192,950 | $0 | $0 |
| 2015 | $4,088 | $192,950 | $0 | $0 |
| 2014 | $5,924 | $192,950 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Burke
Seller's Agent in 2024
Steven Burke
Burke Real Estate
(507) 251-0644
67 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20244361
APN: 320-09-03-00-090-000
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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.
Listings courtesy of Northeast Iowa Regional Board of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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