Prime location on Ely's Main Street, adjacent to Cedar Valley Nature Trail, Ely's City Park, Dan and Debbie's, and Main Street Legacy development. This double-parcel listing offers a house with the main floor feating a drop zone, spacious kitchen, living and family room, main floor laundry (2023 washer and dryer included), bedroom, and full bath. Upstairs you'll find two large bedrooms, ample closets, and an additional living space. Across the street you'll also own the four-stall tandem garage perfect for your outdoor toys and hang out spot. Prepped and ready with water, gas, and electric hookups this space is ideal for outdoor activities or potential commercial rezoning confirmed by the City of Ely. This could be a great investment home with the ability to build your business across the street. No matter your goal, this space offers endless possibilities to meet your needs! Selling AS-IS.
$221,000
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
Jason Vestweber Skogman Realty Co.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $125,000 | None Listed On Document | |
| Warranty Deed | $125,000 | None Listed On Document | |
| Warranty Deed | $121,500 | None Available | |
| Warranty Deed | $99,500 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Construction | |
| Closed | $100,000 | Construction | |
| Previous Owner | $150,000 | New Conventional | |
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $122,000 | Purchase Money Mortgage | |
| Previous Owner | $98,917 | FHA |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $125,000 | -13.8% | $72 / Sq Ft |
| 11/04/2024 11/04/24 | Pending | -- | -- | -- |
| 09/30/2024 09/30/24 | Price Changed | $145,000 | -3.3% | $83 / Sq Ft |
| 08/22/2024 08/22/24 | Price Changed | $150,000 | -5.1% | $86 / Sq Ft |
| 08/01/2024 08/01/24 | Price Changed | $158,000 | -4.2% | $91 / Sq Ft |
| 07/09/2024 07/09/24 | Price Changed | $165,000 | -5.7% | $95 / Sq Ft |
| 06/24/2024 06/24/24 | For Sale | $175,000 | -12.5% | $101 / Sq Ft |
| 06/20/2024 06/20/24 | Sold | $200,000 | -4.8% | $115 / Sq Ft |
| 05/04/2024 05/04/24 | Pending | -- | -- | -- |
| 05/02/2024 05/02/24 | For Sale | $210,000 | -- | $121 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2023 | $2,394 | $149,800 | $13,100 | $136,700 |
| 2022 | $2,540 | $123,800 | $13,100 | $110,700 |
| 2021 | $2,378 | $133,800 | $13,100 | $120,700 |
| 2020 | $2,378 | $118,900 | $13,100 | $105,800 |
| 2019 | $2,118 | $106,900 | $10,500 | $96,400 |
| 2018 | $1,928 | $106,900 | $10,500 | $96,400 |
| 2017 | $1,896 | $106,500 | $10,500 | $96,000 |
| 2016 | $1,896 | $106,500 | $10,500 | $96,000 |
| 2015 | $1,806 | $101,900 | $10,500 | $91,400 |
| 2014 | $1,806 | $101,900 | $10,500 | $91,400 |
| 2013 | $1,706 | $101,900 | $10,500 | $91,400 |
J
Seller's Agent in 2024
Jason Vestweber
SKOGMAN REALTY
M
Seller's Agent in 2024
Maddie Jasa
SKOGMAN REALTY
J
Buyer's Agent in 2024
Jami Wolf
Keller Williams Legacy Group
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2402844
APN: 18304-55005-00000
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