NOT LISTED FOR SALE

1625 Main St Ely, IA 52227

Estimated Value: $292,000 - $406,000

4 Beds
3.5 Baths
2,344 Sq Ft
$144/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $259,950 $111 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,219/month

Highlights

  • Deck
  • Recreation Room
  • 4 Car Detached Garage
  • Prairie Ridge Elementary School Rated A-
  • Great Room
  • Breakfast Bar

About This Home

As of May 2021

RARE FIND THAT LOOKS LIKE NEW! OPEN FLOOR PLAN, AMAZING KITCHEN WITH UPGRADED APPLIANCES, COUNTERS, FLOORING & MORE! THE UPPER LEVEL OFFERS A HUGE MASTER SUITE WITH PRIVATE BATH & OVER SIZED CLOSET. THE LOWER LEVEL OFFERS ANOTHER HUGE BEDROOM, FULL BATH & ADDITIONAL SINK AREA FOR YOUR CRAFTING NEEDS. MAIN FLOOR LAUNDRY, HUGE DECK AND 952 SQ. FT GARAGE WITH FLOOR DRAIN, WORKBENCH AREA & SHELVING UNITS COMPLETES THIS PACKAGE!

Last Agent to Sell the Property

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 04/02/2021

Last Buyer's Agent

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 04/02/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,179

Year Built

  • 2014

Lot Details

  • Lot Dimensions are 50 x 140
  • Fenced

Parking

  • 4 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Great Room
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Breakfast Bar
  • Laundry on main level

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,179

Year Built

2014

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1702
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Ely
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 4179
  • List User Cell Phone: 319-981-3702
  • Low Lvl Fin Sq Ft: 642
  • Miscellaneous: Cable Ready, Deck, Fencing
  • Net Tax: 4010
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 152.73
  • Total Sq Ft: 2344
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Additional Room: 1st Floor Family, 1st Floor Laundry, Great Room, Living Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, 4 Or More Cars, Detached
  • Garage Size: 952

Utilities

  • Heating Cooling: Central Air

Schools

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

Lot Info

  • Lot Size: 50 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 3, 2021
Sold by
Drake Ashley J and Drake Michael
Bought by
Mercer Allison Marie and Miller Austin Keith
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$259,950
Sold Price
$259,950
Current Estimated Value
$336,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,717
Avg. Annual Appreciation
5.96%
Original Mortgage
$51,080
Outstanding Balance
$7,156
Interest Rate
2.31%
Mortgage Type
New Conventional
Estimated Equity
$329,511

Purchase Details

Listed on
Apr 11, 2018
Closed on
Jun 7, 2018
Sold by
Wolfe Quinn A and Wolfe Kiley R
Bought by
Drake Ashley J and Drake Michael
Seller's Agent
Cindy Belland
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$249,900
Sold Price
$237,500
Premium/Discount to List
-$12,400
-4.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$230,375
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 2014
Sold by
Teachout Kevin
Bought by
Wolfe Quinn A and Wolfe Kiley R

Purchase Details

Closed on
Nov 8, 2013
Sold by
Wolfe Quinn A
Bought by
Teachout Kevin

Purchase Details

Closed on
Mar 31, 2010
Sold by
Carson John L and Carson Family Trust
Bought by
Wolfe Quinn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mercer Allison Marie $260,000 None Available
Drake Ashley J $237,500 None Available
Wolfe Quinn A $16,000 None Available
Teachout Kevin $16,000 None Available
Wolfe Quinn A $124,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercer Allison Marie $51,080
Open Mercer Allison Marie $207,960
Previous Owner Drake Ashley J $230,375
Previous Owner Wolfe Quinn A $106,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2021 05/05/21 Sold $259,950 0.0% $111 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $259,950 +9.5% $111 / Sq Ft
06/27/2018 06/27/18 Sold $237,500 -1.0% $101 / Sq Ft View Prior Sale
05/09/2018 05/09/18 Pending -- -- --
04/27/2018 04/27/18 Price Changed $239,900 -4.0% $102 / Sq Ft
04/11/2018 04/11/18 For Sale $249,900 -- $107 / 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 $5,266 $327,600 $13,100 $314,500
2024 $4,192 $320,400 $13,100 $307,300
2023 $4,192 $320,400 $13,100 $307,300
2022 $4,124 $216,900 $13,100 $203,800
2021 $4,080 $217,200 $13,100 $204,100
2020 $4,080 $204,100 $13,100 $191,000
2019 $3,840 $204,100 $13,100 $191,000
2018 $3,338 $193,800 $10,500 $183,300
2017 $3,338 $187,700 $10,500 $177,200
2016 $3,341 $187,700 $10,500 $177,200
2015 $141 $7,900 $7,900 $0
2014 $140 $7,900 $7,900 $0
2013 $132 $7,900 $7,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2101914

Cedar Rapids Area Association of REALTORS®

APN: 18311-28001-00000