NOT LISTED FOR SALE

1111 Ely Rd NE Solon, IA 52333

Estimated Value: $358,000 - $414,829

6 Beds
2 Baths
5,620 Sq Ft
$70/Sq Ft Est. Value

Last Sold January 02, 2020

Last sale price $299,900 $53 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,371/month

3 Days on Market

Highlights

  • Community Stables
  • Barn
  • 39.95 Acre Lot
  • Prairie Ridge Elementary School Rated A-
  • Stables
  • Deck

About This Home

As of January 2020

Built before Iowa was a state and added on to over the years home. Owned by the same family operating as a working horse boarding operation. Many usable buildings and several individual stalls 39.9 acres m/l part's of this parcel have a flood easement from the US Corps of engineers. If you are looking for a working horse farm in the corridor this is it. Great location. Close to Cedar Rapids Ely bike path golf courses atv snowmobile trails. House has apartment or turn into living space. Sold AS IS

Last Agent to Sell the Property

Dean Miller

Mottinger Real Estate Group Listed on: 10/22/2019

Last Buyer's Agent

Gregory Behrens

Realty ONE Group Impact

Realty ONE Group Impact

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,384

Year Built

  • Built in 1840

Lot Details

  • 39.95 Acre Lot
  • Level Lot
  • Garden
  • Property is zoned ag with ag dwelling

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Country Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Stone or Rock in Basement

Outdoor Features

  • Stream or River on Lot
  • Balcony
  • Deck
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Porch

Schools

  • Prairie Elementary And Middle School
  • Prairie High School

Utilities

  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Private or Community Septic Tank
  • Internet Available

Additional Features

  • Barn
  • Stables

Listing and Financial Details

  • Assessor Parcel Number 0205301001 and 0205276001

Community Details

Overview

  • The community has rules related to allowing live work

Recreation

  • Community Stables

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,384

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 5620
  • Owner Name L F Mi: Hauser
  • Ownership Type: Acreage
  • Photo Code: Broker Loaded
  • Remarks: New owners shall not use the business name Upmeier Stables. There are building restrictions on part of the property in the flood easement area but can be pasture and fenced. Buyer shall have attorney read updated abtract withen 5 days of offer.
  • Year Built: 1840
  • Tax Year Report: 2018
  • Directions: South of Ely 1 mile on Ely Blacktop east side of road house number 1111
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Stables, Live/Work
  • Basement Remarks: Stone, Partial
  • Fireplace Type Location: None
  • Kitchen Breakfast R: Country Kitchen, Pantry
  • Lot Description R: 5+ Acres, Level, Stream/Creek/River
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Built before Iowa was a state and added on to over the years home. Owned by the same family operating as a working horse boarding operation. Many usable buildings and several individual stalls 39.9 acres m/l part's of this parcel have a flood easement from the US Corps of engineers. If you are looking for a working horse farm in the corridor this is it. Great location. Close to Cedar Rapids Ely bike path golf courses atv snowmobile trails. House has apartment or turn into living space. Sold AS IS
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Upper: 3
  • Number Bedrooms Main: 3
  • Sq Ft Above: 2810
  • Total Full Baths: 2
  • Bedrooms: 6
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 2810
  • Laundry Location: Laundry Closet, 1st Floor
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Balcony, Barn, Deck, Garden Area, Outbuildings, Porch, Shed, Stables, Workshop

Garage/Parking

  • Parking Spaces: None

Utilities

  • Internet: Yes
  • Water Sewer: Private Water, Private Septic
  • Heating Cooling: Ceiling Fans, Window/Wall Units, Radiant

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Prairie
  • Middle School: Prairie
  • High School: Prairie
  • High School: Prairie
  • Jr Middle School: Prairie
  • Elementary School: Prairie

Lot Info

  • Acreage: 39.95
  • Geo Subdivision: IA
  • Lot Dimensions: 39.95 m/l
  • Zoning: ag with ag dwelling

Tax Info

  • Gross Tax County City: 2612
  • Assessor Parcel Number: 0205301001 and 0205276001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Dec 18, 2019
Sold by
Hauser Stephen and Faust Susan
Bought by
Maiers Kurt and Maiers Rebecca
Seller's Agent
Dean Miller
Mottinger Real Estate Group
Buyer's Agent
Gregory Behrens
Realty ONE Group Impact
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$393,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,057
Avg. Annual Appreciation
6.61%
Original Mortgage
$149,500
Outstanding Balance
$133,494
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$299,665
Source: Public Records

Range of Values:

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Average Value
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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
Maiers Kurt $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maiers Kurt $149,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2020 01/02/20 Sold $299,900 0.0% $53 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/22/2019 10/22/19 For Sale $299,900 -- $53 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $3,384 $231,200 $40,100 $191,100
2023 $3,026 $231,200 $40,100 $191,100
2022 $2,664 $175,100 $30,800 $144,300
2021 $2,502 $156,700 $33,700 $123,000
2020 $2,502 $142,700 $32,000 $110,700
2019 $2,612 $142,700 $32,000 $110,700
2018 $2,548 $160,800 $0 $0
2017 $2,548 $166,500 $50,000 $116,500
2016 $2,370 $163,700 $50,000 $113,700
2015 $2,370 $163,700 $50,000 $113,700
2014 $2,266 $159,300 $49,900 $109,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20196380

Iowa City Area Association of REALTORS®

APN: 0205301001