NOT LISTED FOR SALE

5121 Shadowood Ln SW Ely, IA 52227

Estimated Value: $750,553 - $892,000

2.32 Acres
$346,344 Price per Acre
101,059 Sq Ft Lot

Last Sold April 10, 2020

Last sale price $115,000

Est. 599% increase in value since last sale

Current estimated payment $5,214/month

60 Days on Market

Highlights

  • Hilly Lot
  • Wooded Lot
  • Gentle Sloping Lot
  • Prairie Ridge Elementary School Rated A-

About This Lot

As of April 2020

RETREAT TO YOUR DREAM HOME AMID TRANQUIL, LUXURIOUS, NATURAL BEAUTY. ONE OF A KIND
OPPORTUNITY - MORE OF WHAT YOU'RE LOOKING FOR: WOODED RETREAT, QUIET LIVING, YET
CONVENIENTLY LOCATED WITH EASY ACCESS TO HWY 30, I-380 AND CEDAR RAPIDS/IOWA CITY. 2-4 ACRES
LOTS, PRIVATE AND PRESTIGIOUS, CUL-DE-SACS, ROLLING HILLS, TIMBER, MATURE TREES, POND, COLLEGE
COMMUNITY SCHOOLS, COMMUNITY WELL, PRIVATE SEPTIC TANKS, WALK-OUT LOTS. CALL FOR RESTRICTIVE
COVENANTS, PLAT MAPS, AND SPECIFICATIONS. DEVELOPER RELATED TO LISTING AGENT.

Last Agent to Sell the Property

Cathy Hill

SKOGMAN REALTY Listed on: 01/02/2020

SKOGMAN REALTY

Last Buyer's Agent

Jennifer Burhans

LEPIC-KROEGER CORRIDOR, REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,424

Lot Details

  • 2.32 Acre Lot
  • Gentle Sloping Lot
  • Hilly Lot
  • Wooded Lot

HOA Fees

  • $40 Monthly HOA Fees

Utilities

  • Community Well

Property Details

Property Type

Land

Est. Annual Taxes

$2,424

Lot Details

2.32 Acres

HOA Fees

$40 per month

Listing Details

  • Acres: 2.3200
  • Association Fee Frequency: Month
  • City Name: Cedar Rapids
  • Current Zoning: Res
  • Gross Tax: 2424
  • List User Cell Phone: 319-350-8521
  • Net Tax: 2424
  • Property Sub Types: Residential Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Water Sewer Roads: Community Well, Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Gentle Roll, Hilly, Wooded

Condo/Co-op/Association

  • Association Fee: 40
  • Association: Yes

Lot Info

  • Lot Size: 2.32 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2024
Sold by
Nove Brant E and Nove Aleisha N
Bought by
Aleisha N Nove Revocable Trust and Brant E Nove Revocable Trust
Current Estimated Value
$803,518

Purchase Details

Listed on
Jan 2, 2020
Closed on
Apr 7, 2020
Sold by
Woodmoor Development Llc
Bought by
Nove Brant and Nove Aleisha
Seller's Agent
Cathy Hill
SKOGMAN REALTY
Buyer's Agent
Jennifer Burhans
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.64%
Original Mortgage
$97,750
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Aleisha N Nove Revocable Trust -- None Listed On Document
Nove Brant $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nove Brant $97,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2020 04/10/20 Sold $115,000 0.0% --
03/02/2020 03/02/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $115,000 -- --
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
2025 $11,376 $619,600 $141,500 $478,100
2024 $12,970 $610,800 $141,500 $469,300
2023 $12,970 $610,800 $141,500 $469,300
2022 $11,696 $594,300 $141,500 $452,800
2021 $2,544 $547,100 $139,600 $407,500
2020 $2,544 $111,700 $111,700 $0
2019 $2,506 $111,700 $111,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Cathy Hill

    Seller's Agent in 2020

    Cathy Hill

    SKOGMAN REALTY

    (319) 350-8521

    196 Total Sales

    Cathy Hill
    Section Image
  • Jennifer Burhans

    Buyer's Agent in 2020

    Jennifer Burhans

    LEPIC-KROEGER CORRIDOR, REALTORS

    (319) 270-9353

    209 Total Sales

    Jennifer Burhans
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2000030

Cedar Rapids Area Association of REALTORS®

APN: 18072-79001-00000

Iowa Linn County Ely 52227

5121 Shadowood Ln SW, Ely, IA

Not Listed for Sale

Lots

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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.
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