NOT LISTED FOR SALE

1505 Rock Island Dr Ely, IA 52227

Estimated Value: $316,142 - $334,000

3 Beds
2.5 Baths
1,574 Sq Ft
$206/Sq Ft Est. Value

Last Sold March 06, 2017

Last sale price $209,000 $133 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,108/month

107 Days on Market

Highlights

  • Deck
  • Great Room with Fireplace
  • Forced Air Cooling System
  • Prairie Ridge Elementary School Rated A-
  • Vaulted Ceiling
  • Patio

About This Home

As of March 2017

College College Comm schools & 100% financing available! Like new, totally updated interior, no expense spared 3 bedroom/3 bath. New maple kitchen cabinets with 42? uppers (=extra space) and under cabinet lighting. New can lights throughout the main floor. Beautiful baths with new adult height cabinets. All new interior trim and door package. New handscraped wood floors and professionally painted throughout. Large bedrooms and closets with new carpeting. Enjoy the shade of a 100 year old Oak tree on your new deck or gather around a fire on the new patio while the kids play in the huge yard. Plenty of room to run here!Store all the extras and yard equipment in the 12×16 shed and keep your cars in the garage where they belong! Call 800-746-9464(showing) to schedule an appointment today to see this recently updated home!

Last Agent to Sell the Property

Dana Hansen

RE/MAX CONCEPTS Listed on: 10/26/2016

RE/MAX CONCEPTS

Last Buyer's Agent

Dana Hansen

RE/MAX CONCEPTS Listed on: 10/26/2016

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,705

Year Built

  • 1994

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,574 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,705

Year Built

1994

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1574
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • City Name: Ely
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2705
  • List User Cell Phone: 319-560-2925
  • Miscellaneous: Cable Ready, Deck, Patio, Storage Shed, Vaulted Ceiling
  • Net Tax: 2550
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99571
  • Ratio Close Price By Original Li: 0.97255
  • Ratio Current Price By Sq Ft: 132.78
  • Total Sq Ft: 1574
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Gas, Great Room
  • Level 2 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars
  • Garage Size: 462

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2021
Sold by
Cole Jeremy G
Bought by
Cole Denicia M
Current Estimated Value
$324,786

Purchase Details

Listed on
Oct 26, 2016
Closed on
Mar 2, 2017
Sold by
Hayek Curtis J and Hayek Samara K
Bought by
Cole Denicia M and Cole Jeretny G
Seller's Agent
Dana Hansen
RE/MAX CONCEPTS
Buyer's Agent
Dana Hansen
RE/MAX CONCEPTS
List Price
$214,900
Sold Price
$209,000
Premium/Discount to List
-$5,900
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%
Original Mortgage
$188,100
Outstanding Balance
$156,842
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$167,944

Purchase Details

Closed on
Oct 28, 2014
Sold by
Thola Douglas J and Thola Douglas J
Bought by
Hayek Samara K and Hayek Curtis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2011
Sold by
Sedrel Matt and Sedrel Lynnette
Bought by
Thola Douglas J and Thola Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,625
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 20, 2010
Sold by
Anderson Stephen M and Anderson Charlene A
Bought by
Sedrel Matt and Sedrel Lynnette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
4.74%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Cole Denicia M -- None Available
Cole Denicia M $209,000 None Available
Hayek Samara K -- --
Thola Douglas J $172,000 None Available
Sedrel Matt $156,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Denicia M $188,100
Previous Owner Hayek Samara K $116,000
Previous Owner Thola Douglas J $146,625
Previous Owner Sedrel Matt $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2017 03/06/17 Sold $209,000 -2.7% $133 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
10/26/2016 10/26/16 For Sale $214,900 -- $137 / Sq Ft
Source: Cedar Rapids 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
2025 $4,548 $284,200 $43,500 $240,700
2024 $4,208 $287,200 $43,500 $243,700
2023 $4,208 $287,200 $43,500 $243,700
2022 $4,118 $226,600 $43,500 $183,100
2021 $3,904 $225,900 $43,500 $182,400
2020 $3,904 $185,700 $43,500 $142,200
2019 $3,598 $185,700 $43,500 $142,200
2018 $3,276 $181,600 $43,500 $138,100
2017 $2,705 $167,300 $43,500 $123,800
2016 $2,705 $152,000 $43,500 $108,500
2015 $3,050 $172,200 $43,500 $128,700
2014 $3,050 $172,200 $43,500 $128,700
2013 $2,884 $172,200 $43,500 $128,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1612213

Cedar Rapids Area Association of REALTORS®

APN: 18311-78019-00000