NOT LISTED FOR SALE

1650 Main St Ely, IA 52227

Estimated Value: $96,307 - $191,000

0.27 Acre
$577,829 Price per Acre
11,718 Sq Ft Lot

Last Sold June 20, 2024

Last sale price $200,000

Est. 22% decrease in value since last sale

Current estimated payment $864/month

2 Days on Market

About This Lot

As of June 2024

This double-parcel listing offers a house on one parcel. The main floor features 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. With space to build a garage on the back, this could be a perfect flip, rental, or place to live. Across the street is the second parcel currently sitting a 4-stall tandem garage that could be demoed providing room for your small business. This lot is prepped and ready with water, gas, and electric hookups. Prime location on Ely's Main Street, backing up to Cedar Valley Nature Trail and Ely's City Park you could have the perfect spot for a wine bar, restaurant, coffee bar, etc. with a patio facing the great views. Property being sold AS-IS.

Last Agent to Sell the Property

Maddie Jasa

SKOGMAN REALTY Listed on: 05/02/2024

SKOGMAN REALTY

Last Buyer's Agent

Jason Vestweber

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,105

Lot Details

  • 0.27

Additional Features

  • 0.27 Acre Lot
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$3,105

Lot Details

0

Listing Details

  • Acres: 0.2690
  • City Name: Ely
  • Current Zoning: Res/Comm
  • Gross Tax: 3105
  • House Yn: Yes
  • List User Cell Phone: 319-899-3178
  • Net Tax: 3105
  • Property Sub Types: Commercial Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.95238
  • Ratio Close Price By Original Li: 0.95238
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Electric, Gas

Schools

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

Lot Info

  • Lot Size: Irregular

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2007
Sold by
Brunssen Michelle
Bought by
Opitz John and Opitz Rashelle
Current Estimated Value
$155,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Outstanding Balance
$75,253
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$81,063
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
Opitz John $121,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Opitz John $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $200,000 -4.8% --
05/04/2024 05/04/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $210,000 -- --
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
2024 $432 $39,300 $9,100 $30,200
2023 $432 $39,300 $9,100 $30,200
2022 $414 $22,400 $9,100 $13,300
2021 $424 $21,800 $8,500 $13,300
2020 $424 $21,200 $8,500 $12,700
2019 $386 $19,500 $6,800 $12,700
2018 $352 $19,500 $6,800 $12,700
2017 $348 $19,500 $6,800 $12,700
2016 $348 $19,500 $6,800 $12,700
2015 $334 $18,900 $6,800 $12,100
2014 $334 $18,900 $6,800 $12,100
2013 -- $18,900 $6,800 $12,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Maddie Jasa

    SKOGMAN REALTY

    (319) 899-3178

    29 Total Sales

    Maddie Jasa
    Section Image
  • Jason Vestweber

    Buyer's Agent in 2024

    Jason Vestweber

    SKOGMAN REALTY

    (319) 551-0373

    127 Total Sales

    Jason Vestweber
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2402967

Cedar Rapids Area Association of REALTORS®

APN: 18304-52007-00000

Iowa Linn County Ely 52227

1650 Main St, Ely, IA

This home is located at 1650 Main St, Ely, IA 52227 since 02 May 2024 and is currently estimated at $155,436. 1650 Main St is a home located in Linn County with nearby schools including Prairie Ridge Elementary School, Prairie Heights Elementary School, and Prairie View Elementary School.

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.

Cedar Rapids Area Association of REALTORS® 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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