$276,000
SOLD OCT 31, 2024

1695 Traer Ely, IA 52227

4 Beds
1.5 Baths
1,532 Sq Ft
0.32 Acres

Recently Sold

$180 Per Sq Ft

4% Above List Price

2 Days on Market

Highlights

  • Deck
  • Separate Formal Living Room
  • Formal Dining Room
  • Prairie Ridge Elementary School Rated A-
  • Corner Lot
  • Fenced Yard

About This Home

As of October 2024

This 4 bedroom, 1 1/2 bath charmer is beautiful but wait until you see the garage space! Everywhere you turn in this house there are updates, inside and out and even the neighborhood! You have a small bedroom/office and full bathroom on the main level and 3 bedrooms and another half upstairs. The kitchen and floors have been updated and you have a large living room and main floor laundry room. Step outside onto you deck in your spacious fenced in yard. The 3 stall garage even has a tall door to fit an RV and all of your toys because you have an additional 1 stall garage for more. Brand new streets and sidewalks so you can walk across the street to get ice cream or hop on the trail across the street where you can head to Cedar Rapids or Solon. You have a quick commute to Cedar Rapids or Iowa City and in the sought after College Community School District. Ask about a list of updates and come see this gem today!

Last Agent to Sell the Property

Jami Wolf

Keller Williams Legacy Group Listed on: 10/03/2024

Keller Williams Legacy Group

Co-Listed By

Emilie Walsh

Keller Williams Legacy Group

Last Buyer's Agent

Jami Wolf

Keller Williams Legacy Group Listed on: 10/03/2024

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,276

Year Built

  • Built in 1907

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 140 x 100
  • Fenced Yard
  • Corner Lot
  • Level Lot

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 1,532 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Separate Formal Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Schools

  • College Comm Elementary And Middle School
  • College Comm High School

Utilities

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

Community Details

  • Ely Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18311-28005-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,276

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1532
  • Homebuilder: unknown
  • Owner Name L F Mi: Lytle
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Year Built: 1907
  • Tax Year Report: 2023
  • Subdivision: ely
  • Directions: From Ely Rd, E on Traer St
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights
  • Basement Remarks: Full, Unfinished
  • Fireplace Type Location: None
  • Interior R: Cable Available
  • Kitchen Breakfast R: Breakfast Bar, Island
  • Lot Description R: Less than .5 Acre, Corner, Level
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: This 4 bedroom, 1 1/2 bath charmer is beautiful but wait until you see the garage space! Everywhere you turn in this house there are updates, inside and out and even the neighborhood! You have a small bedroom/office and full bathroom on the main level and 3 bedrooms and another half upstairs. The kitchen and floors have been updated and you have a large living room and main floor laundry room. Step outside onto you deck in your spacious fenced in yard. The 3 stall garage even has a tall door to fit an RV and all of your toys because you have an additional 1 stall garage for more. Brand new streets and sidewalks so you can walk across the street to get ice cream or hop on the trail across the street where you can head to Cedar Rapids or Solon. You have a quick commute to Cedar Rapids or Iowa City and in the sought after College Community School District. Ask about a list of updates and come see this gem today!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Upper: 3
  • Number Bedrooms Main: 1
  • Sq Ft Above: 1532
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: 1st Floor, Main, Laundry Room
  • Mstr Br Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Fenced Yard, Porch

Garage/Parking

  • Parking Spaces: 1 Car, 3 Cars, 4 or More Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Water Heater
  • Heating Cooling: Ceiling Fans, Gas, Central, Forced Air

Schools

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

Lot Info

  • Acreage: 0.32
  • Geo Subdivision: IA
  • Lot Dimensions: 140 x 100
  • Zoning: residential

Tax Info

  • Gross Tax County City: 3780
  • Assessor Parcel Number: 18311-28005-00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Oct 29, 2024
Sold by
Wettstein Maggie K and Lytle Maggie K
Bought by
Wolf Jami R
Seller's Agent
Jami Wolf
Keller Williams Legacy Group
Buyer's Agent
Jami Wolf
Keller Williams Legacy Group
List Price
$265,000
Sold Price
$276,000
Premium/Discount to List
$11,000
4.15%
Views
6
Current Estimated Value
$269,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,691
Avg. Annual Appreciation
-1.39%
Original Mortgage
$248,400
Outstanding Balance
$247,172
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$25,752

Purchase Details

Closed on
Jul 11, 2019
Sold by
Teachout Kevin S and Teachout Jill Ann
Bought by
Wettstein Maggie K and Lytle Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.82%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 9, 2014
Sold by
Wolfe Quinn A and Wolfe Kiley R
Bought by
Teachout Kevin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

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

Purchase Details

Closed on
Nov 30, 1998
Sold by
Carson Keith E and Carson Gladys A
Bought by
Carson Keith E and Carson Gladys A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $276,000 None Listed On Document
Warranty Deed $200,000 None Available
Warranty Deed $165,000 None Available
Warranty Deed $124,500 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $248,400 Credit Line Revolving
Previous Owner $20,000 Stand Alone Second
Previous Owner $180,000 No Value Available
Previous Owner $11,000 Credit Line Revolving
Previous Owner $136,000 New Conventional
Previous Owner $15,000 Credit Line Revolving
Previous Owner $123,750 Adjustable Rate Mortgage/ARM
Previous Owner $104,311 Stand Alone Refi Refinance Of Original Loan
Previous Owner $106,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $276,000 +4.2% $180 / Sq Ft
10/05/2024 10/05/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $265,000 -- $173 / Sq Ft
Source: Iowa City 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
2023 $3,276 $230,000 $26,300 $203,700
2022 $3,216 $178,400 $26,300 $152,100
2021 $3,136 $178,400 $26,300 $152,100
2020 $3,136 $156,900 $26,300 $130,600
2019 $2,818 $156,900 $26,300 $130,600
2018 $2,564 $142,200 $21,100 $121,100
2017 $2,500 $140,700 $21,100 $119,600
2016 $2,500 $140,400 $21,100 $119,300
2015 $2,088 $117,900 $21,100 $96,800
2014 $2,088 $117,900 $21,100 $96,800
2013 $1,826 $117,900 $21,100 $96,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202405612

Iowa City Area Association of REALTORS®

APN: 18311-28005-00000