NOT LISTED FOR SALE

5900 Old River Rd Ely, IA 52227

Estimated Value: $456,000 - $741,000

4 Beds
2 Baths
1,741 Sq Ft
$344/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $280,000 $161 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,363/month

147 Days on Market

Highlights

  • 18.3 Acre Lot
  • Wooded Lot
  • Formal Dining Room
  • Prairie Ridge Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 4 Car Detached Garage

About This Home

As of June 2019

Looking for an acreage to make your own? How would you like to be able to hunt on your own property, and have all the privacy an acreage offers but still be within minutes of Cedar Rapids? Nearly bordering the Cedar River and abundant with trees, this 18.36 acre property would make a fantastic building site for your new home or if you're looking for a project, you could remodel the existing farm house. Also included is a second 800 sqft guest house that was used by the current owners as a rental and has its own septic system. Outbuildings include a large machine shed and two barns, one of which is 150 yrs old. Newer well and partially updated septic with replaced distribution box. Tillable land earns $1,600/year. Property sold as-is. Inspections are for buyer's information only. LP tank has been removed.

Last Agent to Sell the Property

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 11/05/2018

Co-Listed By

Liz Healy

Realty87

Last Buyer's Agent

Carl Esker

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,722

Year Built

  • 1900

Lot Details

  • 18.3 Acre Lot
  • Wooded Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,741 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Formal Dining Room
  • Partial Basement
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,722

Year Built

1900

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 18.3000
  • Above Grade Finished Sq Ft: 1741
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • City Name: Ely
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 1722
  • List User Cell Phone: 319-361-3881
  • Miscellaneous: 3 Seasons
  • Net Tax: 1572
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.93333
  • Ratio Close Price By Original Li: 0.86154
  • Ratio Current Price By Sq Ft: 160.83
  • Total Sq Ft: 1741
  • Taxable Value Tv: 62610.00
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Appliances Included: Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, 3 Seasons
  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 3
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 9
  • Site Description: In-Town Acrg, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, 3 Cars, 4 Or More Cars, Detached
  • Garage Size: 24X36

Utilities

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

Lot Info

  • Lot Size: 18.3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2025
Sold by
Berstler Chrystal D
Bought by
Petersen Anthony S
Current Estimated Value
$598,500

Purchase Details

Listed on
Nov 5, 2018
Closed on
Jun 12, 2019
Sold by
Gatrelle Laurita M
Bought by
Berstler Chrystal D
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Carl Esker
Realty87
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$238,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2011
Sold by
Gatrelle Gary R and Gatrelle Laurita M
Bought by
Gatrelle Gary R and Gatrelle Laurita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
4.32%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Petersen Anthony S -- None Listed On Document
Petersen Anthony S -- None Listed On Document
Berstler Chrystal D $280,000 None Available
Gatrelle Gary R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berstler Chrystal D $238,000
Previous Owner Gatrelle Gary R $352,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $280,000 0.0% $161 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
04/01/2019 04/01/19 Off Market $280,000 -- --
11/27/2018 11/27/18 Price Changed $300,000 -7.7% $172 / Sq Ft
11/05/2018 11/05/18 For Sale $325,000 -- $187 / 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 $2,614 $468,500 $24,600 $443,900
2024 $1,444 $524,400 $21,100 $503,300
2023 $1,444 $191,300 $21,100 $170,200
2022 $2,036 $87,600 $16,300 $71,300
2021 $1,868 $133,200 $16,600 $116,600
2020 $1,868 $117,800 $16,500 $101,300
2019 $1,614 $116,400 $22,900 $93,500
2018 $1,572 $116,400 $22,900 $93,500
2017 $1,617 $114,600 $24,800 $89,800
2016 $1,617 $114,600 $24,800 $89,800
2015 $1,697 $123,900 $33,700 $90,200
2014 $1,552 $123,900 $33,700 $90,200
2013 $1,452 $123,900 $33,700 $90,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1807744

Cedar Rapids Area Association of REALTORS®

APN: 15311-76002-00000