NOT LISTED FOR SALE

620 Halland Ave Stanton, IA 51573

Estimated Value: $296,453

Studio
-- Baths
5,000 Sq Ft
$59/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2025

Last sale price $224,000 $45 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,181 / mo

224 Days on Market

About This Home

As of January 2025

Introducing 620 Holland Ave, Stanton, Iowa - an exceptional investment opportunity in the heart of an industrial park, strategically located next to the popular Casey's convenient store on US Highway 34 with possible owner financing. This well-maintained 12-unit motel, accompanied by a cozy two-bedroom, one-bathroom manager living quarters, offers immense potential for various business ventures. With its prime location near Red Oak, Iowa and Poliska, Iowa, this property experiences high traffic, making it an ideal choice for entrepreneurs seeking assisted living homes, one-room long-stay rental apartments, or even the transformation into storage units. The motel's proximity to major highways ensures excellent visibility and accessibility, providing a constant influx of potential customers.

Last Agent to Sell the Property

Charles Thomas

Thomas Realty License #*** Listed on: 03/15/2024

Last Buyer's Agent

Charles Thomas

Thomas Realty License #*** Listed on: 03/15/2024

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1994

Lot Details

  • 1.54

Property Details

Home Type

Multi-Family

Year Built

Built in 1994

Lot Details

1.54 Acres

Listing Details

  • Year Built: 1994
  • Stories: 1
  • Property Type: Residential Income
  • Co List Office Mls Id: NOC27871
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Basement: None
  • Fireplace: No

Exterior Features

  • Construction Type: Vinyl Siding

Utilities

  • Heating: Fireplace(s)
  • Sewer: City Sewer/Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: WCIR

Lot Info

  • Lot Dimensions: 000x000
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022

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

Closed on
Apr 25, 2025
Sold by
Patel Rakeshbhai and Patel Asha
Bought by
Current Estimated Value
$296,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$143,173
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$156,452

Purchase Details

Closed on
Sep 11, 2013
Sold by
Patel Devinkumar
Bought by
Patel Rakeshbhai

Purchase Details

Closed on
Jan 14, 2009
Sold by
Clark Roger
Bought by
Myers Michael M and Myers Christine N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
5.53%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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
$225,000 None Listed On Document
Patel Rakeshbhai -- None Available
Myers Michael M $135,000 --
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 $180,000
Previous Owner Patel Rakeshbhai C $150,000
Previous Owner Myers Michael M $73,000
Previous Owner Mcmullen Frank P $10,000
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
01/31/2025 01/31/25 Sold $224,000 -31.1% $45 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
09/08/2024 09/08/24 Price Changed $325,000 -31.6% $65 / Sq Ft
03/15/2024 03/15/24 For Sale $475,000 -- $95 / Sq Ft
Source: NoCoast MLS

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 $6,542 $284,170 $25,270 $258,900
2024 $6,542 $261,550 $25,270 $236,280
2023 $5,432 $261,550 $25,270 $236,280
2022 $4,542 $218,600 $25,270 $193,330
2021 $4,604 $218,600 $25,270 $193,330
2020 $4,604 $218,600 $25,270 $193,330
2019 $4,464 $218,600 $25,270 $193,330
2018 $4,460 $218,600 $0 $0
2017 $4,716 $218,600 $0 $0
2015 $4,578 $236,740 $0 $0
2014 $5,636 $236,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6315526

NoCoast MLS

APN: 681-10-31-010630-00

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