$716,000
NEW CONSTRUCTION $10K PRICE INCREASE

1500 Main St Ely, IA 52227

Estimated payment $4,921/month

Total Views 26,372
3 Beds
2 Baths
2,355 Sq Ft
$304 Price per Sq Ft

Highlights

  • New Construction
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System
  • Prairie Ridge Elementary School Rated A-
  • Living Room
  • Combination Kitchen and Dining Room

About This Home

Welcome to Ely IA and the newest project in town! Located directly on the Cedar Valley Nature Trail and at the east end of Main Street, the Mainstreet Legacy LLC is committed to building this mixed use commercial and residential project. We are just months away from our residentials spaces being move in ready. Our current goal is to have possession of the building by October of 2025, so now is the time to be picking your unit and securing your space in this great building. Located just 15 min from downtown Cedar Rapids, and just over 25 from downtown Iowa City, this is a great location to escape the big city and enjoy quite small town living while still being just minutes from the action. This is not going to be your typical condo experience, these are going to be exceptional! Special care has been taken by Melanie Olsen Design to create a space which is warm, professional, and executive level in every way. The residential space has a common area for larger gatherings and for all to use. The building offers heated indoor parking, geo-thermal, filtered water system, spaces for electric vehicles to plug-in, security, elevator service from the parking to the second floor for a zero stairs experience, extra storage for each residential unit in the parking space, bike parking, and custom firepits along the bike trail for all to enjoy

Listing Agent

Jason Vestweber

Skogman Realty Co. Listed on: 05/28/2024

Skogman Realty Co.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 2,355 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

  • College Comm Elementary And Middle School
  • College Comm High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 18311-27012-00000

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2355
  • Owner Name L F Mi: Main Street Legacy
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: 10% down at signing. Please see attachments and contact Jason Vestweber and his team with any questions. Should you have any questions on the commercial space, please contact Brian Rosteck at (319) 350-8450.
  • Year Built: 2024
  • Tax Year Report: 2024
  • Directions: North 380 to Swisher exit. East on 120th St NW. North on Ely Rd. East on Dows.
  • L O1 Dues Paid: y
  • Amenities: None
  • Basement Remarks: None
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: None/Condo
  • Possession R: Other
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Other
  • Remarks2: Welcome to Ely IA and the newest project in town! Located directly on the Cedar Valley Nature Trail and at the east end of Main Street, the Mainstreet Legacy LLC is committed to building this mixed use commercial and residential project. We are just months away from our residentials spaces being move in ready. Our current goal is to have possession of the building by October of 2025, so now is the time to be picking your unit and securing your space in this great building. Located just 15 min from downtown Cedar Rapids, and just over 25 from downtown Iowa City, this is a great location to escape the big city and enjoy quite small town living while still being just minutes from the action. This is not going to be your typical condo experience, these are going to be exceptional! Special care has been taken by Melanie Olsen Design to create a space which is warm, professional, and executive level in every way. The residential space has a common area for larger gatherings and for all to use. The building offers heated indoor parking, geo-thermal, filtered water system, spaces for electric vehicles to plug-in, security, elevator service from the parking to the second floor for a zero stairs experience, extra storage for each residential unit in the parking space, bike parking, and custom firepits along the bike trail for all to enjoy
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Number Bedrooms Main: 3
  • Sq Ft Above: 2355
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • New Construction: Yes

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 3000
  • Condo Level: 2

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm
  • High School: College Comm
  • Jr Middle School: College Comm
  • Elementary School: College Comm

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 18311-27012-00000

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2025 02/08/25 Price Changed $328,000 0.0% $304 / Sq Ft
02/08/2025 02/08/25 Price Changed $328,000 0.0% $304 / Sq Ft
02/08/2025 02/08/25 Price Changed $328,000 0.0% $304 / Sq Ft
02/08/2025 02/08/25 Price Changed $328,000 0.0% $304 / Sq Ft
02/08/2025 02/08/25 Price Changed $328,000 0.0% $304 / Sq Ft
02/08/2025 02/08/25 Price Changed $328,000 0.0% $304 / Sq Ft
02/08/2025 02/08/25 Price Changed $328,000 -54.2% $304 / Sq Ft
02/08/2025 02/08/25 Price Changed $716,000 +120.6% $304 / Sq Ft
09/04/2024 09/04/24 For Sale $324,500 0.0% $301 / Sq Ft
09/04/2024 09/04/24 For Sale $324,500 0.0% $301 / Sq Ft
09/04/2024 09/04/24 For Sale $324,500 0.0% $301 / Sq Ft
09/04/2024 09/04/24 For Sale $324,500 0.0% $301 / Sq Ft
09/04/2024 09/04/24 For Sale $324,500 0.0% $301 / Sq Ft
09/04/2024 09/04/24 For Sale $324,500 0.0% $301 / Sq Ft
09/04/2024 09/04/24 For Sale $324,500 -54.1% $301 / Sq Ft
05/28/2024 05/28/24 For Sale $706,500 -- $300 / Sq Ft
Source: Iowa City Area Association of REALTORS®

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