Seller's Agent in 2025
Samm Arends
Realty87
(319) 329-2674
18 Total Sales
--
Bed
--
Bath
2,474
Sq Ft
6,011
Sq Ft Lot
Highlights
- Deck
- No HOA
- Garage
- Prairie Ridge Elementary School Rated A-
- Patio
- Heating Available
About This Home
As of March 2025This is a fantastic investment opportunity located in a prime area of downtown Ely. Fully leased with growth potential and long-term tenants. The units are well-maintained and the property offers three garage stalls which are currently leased. Don't miss this!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,888
Year Built
- Built in 1904
Lot Details
- 6,011 Sq Ft Lot
- Lot Dimensions are 40x150
Parking
- Garage
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 2,474 Sq Ft Home
- Partial Basement
Outdoor Features
- Deck
- Patio
Schools
- College Comm Elementary And Middle School
- College Comm High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for gas, water
- Assessor Parcel Number 18311-35003-00000
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
Jan 15, 2025
Closed on
Mar 6, 2025
Sold by
Bought by
Seller's Agent
Samm Arends
Realty87
Buyer's Agent
Sarah Auman
Realty87
List Price
$225,000
Sold Price
$225,000
Views
5
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
$176,236
Interest Rate
6.96%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 30, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Mar 1, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6%
Mortgage Type
Commercial
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 | ||
| $175,000 | None Available | ||
| $124,500 | -- |
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 | $140,000 | ||
| Previous Owner | $75,000 |
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 |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | Sold | $225,000 | 0.0% | $91 / Sq Ft |
| 01/19/2025 01/19/25 | Pending | -- | -- | -- |
| 01/15/2025 01/15/25 | For Sale | $225,000 | -- | $91 / Sq Ft |
Source: Cedar Rapids Area Association 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 | $3,320 | $183,200 | $27,800 | $155,400 |
| 2024 | $3,320 | $234,500 | $27,800 | $206,700 |
| 2023 | $3,320 | $236,600 | $27,800 | $208,800 |
| 2022 | $2,700 | $171,800 | $21,400 | $150,400 |
| 2021 | $2,522 | $120,800 | $10,700 | $110,100 |
| 2020 | $2,522 | $105,400 | $10,700 | $94,700 |
| 2019 | $2,624 | $96,600 | $10,700 | $85,900 |
| 2018 | $2,468 | $96,600 | $10,700 | $85,900 |
| 2017 | $2,666 | $96,600 | $10,700 | $85,900 |
| 2016 | $2,666 | $96,600 | $10,700 | $85,900 |
| 2015 | $2,624 | $91,700 | $10,700 | $81,000 |
| 2014 | $2,624 | $91,700 | $10,700 | $81,000 |
| 2013 | $2,682 | $91,700 | $10,700 | $81,000 |
Source: Public Records
Agents Affiliated with this Home
-
Samm Arends
-
Sarah Auman
S
Buyer's Agent in 2025
Sarah Auman
Realty87
(319) 551-4089
52 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2500273
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
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