NOT LISTED FOR SALE

1845 State St Ely, IA 52227

Estimated Value: $349,000 - $415,000

4 Beds
3 Baths
2,656 Sq Ft
$141/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $188,000 $71 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,331/month

23 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Living Room
  • Prairie Ridge Elementary School Rated A-
  • Forced Air Cooling System
  • Family Room

About This Home

As of November 2020

Looking for a large home on over a half acre lot in the Corridor and College Community School District? This 2 story home sits on the edge of the quiet town of Ely and is only minutes from Cedar Rapids and Iowa City. It has 4 bedrooms, 3 full bathrooms, 2 separate living rooms on the main floor, a large open kitchen and an oversized formal dining room that could also be used as an office. Outside there is a brick shed that could be used as a man cave, she-shed or office. Schedule your private showing today to check out this one of a kind home.

Last Agent to Sell the Property

Jeremy Johannes

Epique Realty Listed on: 10/09/2020

Epique Realty

Last Buyer's Agent

Cory Rath

KW Advantage

KW Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,682

Year Built

  • 1857

Lot Details

  • 0.54

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,656 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • 0.54 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,682

Year Built

1857

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.5370
  • Above Grade Finished Sq Ft: 2656
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • City Name: Ely
  • Dining Features: Formal Dining
  • Gross Tax: 3682
  • List User Cell Phone: 319-540-1002
  • Miscellaneous: Deck
  • Net Tax: 3682
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98947
  • Ratio Close Price By Original Li: 0.94000
  • Ratio Current Price By Sq Ft: 70.78
  • Total Sq Ft: 2656
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1857

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Hood Fan, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, Living Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 2: 4
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: Off Street Parking

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Lot Info

  • Lot Size: .537 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Nov 30, 2020
Sold by
Winkowski Sadye
Bought by
Frank Matthew A and Bruns Lacey K
Seller's Agent
Jeremy Johannes
Epique Realty
Buyer's Agent
Cory Rath
KW Advantage
List Price
$200,000
Sold Price
$188,000
Premium/Discount to List
-$12,000
-6%
Current Estimated Value
$375,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,685
Avg. Annual Appreciation
14.54%
Original Mortgage
$182,360
Outstanding Balance
$162,845
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$212,840

Purchase Details

Closed on
Aug 2, 2004
Sold by
Storm George and Storm Ellen M
Bought by
Taylor Thomas A and Leckband Amber R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2004
Sold by
Stonn Inc
Bought by
Storm George D and Storm Ellen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frank Matthew A $188,000 None Available
Taylor Thomas A $106,500 --
Storm George D $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Matthew A $182,360
Previous Owner Taylor Thomas A $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2020 11/30/20 Sold $188,000 -1.1% $71 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
10/23/2020 10/23/20 Price Changed $190,000 -5.0% $72 / Sq Ft
10/09/2020 10/09/20 For Sale $200,000 +30.7% $75 / Sq Ft
07/13/2017 07/13/17 Sold $153,000 -14.5% $64 / Sq Ft View Prior Sale
05/30/2017 05/30/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $178,900 -- $75 / 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 $4,424 $387,000 $28,600 $358,400
2024 $3,902 $326,400 $28,600 $297,800
2023 $3,902 $279,600 $28,600 $251,000
2022 $3,830 $210,700 $28,600 $182,100
2021 $3,824 $210,700 $28,600 $182,100
2020 $3,824 $191,300 $28,600 $162,700
2019 $3,510 $191,300 $28,600 $162,700
2018 $3,194 $177,100 $28,600 $148,500
2017 $3,320 $178,000 $28,600 $149,400
2016 $3,168 $178,000 $28,600 $149,400
2015 $3,026 $170,800 $28,600 $142,200
2014 $3,026 $170,800 $28,600 $142,200
2013 $2,860 $170,800 $28,600 $142,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2007134

Cedar Rapids Area Association of REALTORS®

APN: 18303-78018-00000