$375,000
SOLD APR 14, 2025

223 Palisades Access Rd Ely, IA 52227

5 Beds
1 Bath
1,884 Sq Ft
544,500 Sq Ft

Recently Sold

$199 Per Sq Ft

6 Days on Market

Highlights

  • 12.5 Acre Lot
  • Wooded Lot
  • Eat-In Kitchen
  • Mount Vernon Middle School Rated A-
  • 1 Car Detached Garage
  • Central Air

About This Home

As of April 2025

Rare opportunity to own a rural 12.5 acres sitting up over your beautiful countryside views with a very cool watering hole and stream below. This property currently includes a home that needs major TLC, 2 barns, a corn crib, and an additional shed. The listing value only represents the land and the outbuildings. One of the barns appears to be in disrepair, and you should enter at your own risk,as it may be unsafe. This whole property will be parceled off to include the 12.5 acres that you see illustrated in the photos. This will be done prior to closing. There is no way to access the home yet..however, seller is working on getting a key. You can look inside the windows at this time. This really is a gorgeous piece of land that you can renovate the existing home, or build your dream home on. There are additional acres that the buyer may purchase as well: the 25.78 acres of (mainly) ag land on the other side of the creek for an additional charge. Don't miss out!

Last Agent to Sell the Property

Bill Grabe

Realty87 Listed on: 11/15/2024

Realty87

Last Buyer's Agent

Jami Wolf

Keller Williams Legacy Group

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,663

Year Built

  • Built in 1905

Lot Details

  • 12.5 Acre Lot
  • Wooded Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Stone

Interior Spaces

  • 1,884 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Partial Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Schools

  • Mt Vernon Elementary And Middle School
  • Mt Vernon High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well

Listing and Financial Details

  • Assessor Parcel Number 182737600100000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,663

Year Built

Built in 1905

Lot Details

12.5 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Wooded
  • Lot Size Acres: 12.5
  • Co List Office Phone: 319-731-2000
  • MLS Status: Closed
  • Directions: At 223 Palisades Access Rd, Ely
  • Above Grade Finished Sq Ft: 1884.0
  • Architectural Style: Two Story
  • Reso Interior Features: Eat-in Kitchen, Upper Level Primary
  • Unit Levels: Two
  • New Construction: No
  • ResoRoomType: Family Room
  • Year Built: 1905
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Construction Type: Frame, Stone

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Detached, Four or more Spaces, Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: See Remarks, Well

Schools

  • Elementary School: Mt Vernon
  • High School: Mt Vernon
  • Middle Or Junior School: Mt Vernon

Lot Info

  • Lot Dimensions: 12.5 Acre
  • ResoLotSizeUnits: Acres
  • Parcel Number: 182737600100000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2663.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Apr 8, 2025
Sold by
D3 Investments Llc
Bought by
Farley Jared W and Farley Laura M
Seller's Agent
Bill Grabe
Realty87
Buyer's Agent
Jami Wolf
Keller Williams Legacy Group
List Price
$375,000
Sold Price
$375,000
Views
48
Current Estimated Value
$374,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$428
Avg. Annual Appreciation
-0.14%
Original Mortgage
$375,000
Outstanding Balance
$326,340
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
$48,232

Purchase Details

Closed on
May 8, 2023
Sold by
Rosella Netolicky Living Trust
Bought by
D3 Investments Llc

Purchase Details

Closed on
Dec 7, 2022
Sold by
Rosella Netolicky Living Trust
Bought by
D3 Investments Llc

Purchase Details

Closed on
Sep 23, 2022
Sold by
Rosella Netolicky Living Trust
Bought by
D3 Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 None Listed On Document
Warranty Deed $375,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 Credit Line Revolving
Closed $375,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2025 04/14/25 Sold $375,000 0.0% $199 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $375,000 -- $199 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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 $2,454 $175,700 $61,400 $114,300
2023 $2,454 $169,900 $49,600 $120,300
2022 $2,344 $138,900 $47,100 $91,800
2021 $2,220 $138,900 $47,100 $91,800
2020 $2,220 $118,500 $38,300 $80,200
2019 $2,084 $128,200 $53,200 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2407940

Cedar Rapids Area Association of REALTORS®

APN: 18273-76001-00000

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