NOT LISTED FOR SALE

625 Old School Rd Ely, IA 52227

Estimated Value: $876,000 - $1,021,000

3 Beds
4.5 Baths
4,307 Sq Ft
$223/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $950,000 $221 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,731/month

Highlights

  • Community Stables
  • Stables
  • Heated Floors
  • Mount Vernon Middle School Rated A-
  • Greenhouse
  • 36.03 Acre Lot

About This Home

As of May 2022

Welcome to paradise on 36 acres! The foyer invites you to the south side of the home. To the right, a den with fireplace. To the left, the dining room with built-in buffet. Upstairs is dedicated to the private primary suite with walk in closets, and laundry. Primary bath has heated floors, soaking tub, and tiled shower. At the center, an incredible kitchen with quarts counters, stainless steel appliances, and abundant storage. Breakfast counter, built-in ice maker, and beverage fridge. Panoramic windows and wrap-around porch connect the natural beauty outside. The north side has a family room and kitchenette. Upstairs are two bedrooms, full bathroom, and laundry. Geothermal, solar array (2020) and whole-home generator. Smaller outbuilding has a seasonal kitchen for outdoor entertaining or cleaning game. Large outbuilding great for toy/equipment. Walking trails, greenhouse, three-stall stable, and heated water to pasture.

Last Agent to Sell the Property

Jonathan Fell

Skogman Realty Co. Listed on: 04/22/2022

Skogman Realty Co.

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 36.03 Acre Lot
  • Lot Dimensions are 1179x1336x1180x1325
  • Fenced Yard
  • Sloped Lot
  • Wooded Lot

Parking

  • 4 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Rear Stairs
  • Bookcases
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Library
  • Heated Floors
  • Intercom

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio
  • Greenhouse
  • Shed
  • Outbuilding
  • Outdoor Gas Grill
  • Porch

Schools

  • Washington Elementary School
  • Mt Vernon Middle School
  • Mt Vernon High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Geothermal Heating and Cooling
  • Private Water Source
  • Private or Community Septic Tank
  • Internet Available

Additional Features

  • Solar owned by seller
  • Stables

Listing and Financial Details

  • Assessor Parcel Number 181535100200000

Community Details

Overview

  • Survey 1704 Subdivision

Recreation

  • Community Stables

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 4307
  • Homebuilder: Unknown
  • Owner Name L F Mi: Dyer
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: *Soc 3.5% Of The 1st $300,000 of Gross Sale Price; 2.5% Thereafter. All showings must be scheduled 24hrs in advance through ShowingTime. Buyer to verify school information.
  • Year Built: 2004
  • Subdivision: SURVEY 1704
  • Directions: I-380 to Hwy 30 E; S on Co Rd/Jappa Rd. Take Ivanhoe Rd to Old School Rd. -OR- Hwy 1 N through Solon. Turn left on Ivanhoe Rd. Take Ivanhoe to Old School Rd.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • Amenities: Stables
  • Basement Remarks: Full, Walkout, Daylight Windows
  • Fireplace Type Location: In Great/Family Room, In Living Room, Gas
  • Interior R: Bookcases, Foyer-Entrance, Rear Stairs
  • Kitchen Breakfast R: Breakfast Bar, Island
  • Lot Description R: 5+ Acres, Sloping, Wooded
  • Possession R: Negotiable
  • Possible Finance R: Conventional
  • Stories Style R: 2 Story
  • Remarks2: Welcome to you private paradise! This custom-built estate sits on 36 acres. A generous foyer invites you to the first half of the home. To the right, the living room or office with fireplace. To the left, the dining room with built-in buffet. Through the dining is an incredible chefs kitchen with quarts counters, stainless steel appliances, and abundant storage to inspire all your culinary dreams. The generous eat-at counter, built-in ice maker, and beverage fridge make entertaining a breeze. Panoramic window connect to the natural beauty outside. The wrap-around porch connects the kitchen with a covered seating area overlooking the estate. Upstairs on the south side of the house is dedicated to the private primary suite with generous walk in closets, and private laundry. The spa-like bathroom has heated floors, soaking tub, and tiled shower. The main floor on north side of the house has a generous family room with gorgeous built in entertainment center, full bath, and separate kitchenette. Upstairs there are two bedrooms, full bathroom, and laundry. This home features whole house audio, tesla car charger in the garage, central vacuum, geothermal, solar array (installed in 2020) and whole-home generator. The first outbuilding has a screened porch overlooking one of the ponds and an informal seasonal kitchen for outdoor entertaining or cleaning game. The second large outbuilding is great for toys and equipment. Property boasts walking trails, prairie, greenhouse, fire pit, three-stall stable, and heated water to the pastures.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Icemaker Line, Microwave, Range/Oven, Refrigerator, Central Vacuum, Dryer, Intercom/Radio, Washer
  • Number Bedrooms Upper: 3
  • Sq Ft Above: 3559
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 3
  • Total Bathrooms: 5
  • Dining Room Level: Main
  • Family Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 748
  • Laundry Location: Laundry Closet, Basement, Upstairs, Other
  • Mstr Br Level: Upper
  • Mstr Br Width: 12
  • Number of Fireplaces: 2
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Fenced Yard, Gas Grill, Greenhouse, Outbuildings, Patio, Porch, Shed, Stables, Other

Garage/Parking

  • Parking Spaces: 4 or More Cars

Utilities

  • Internet: Yes
  • Water Sewer: Private Water, Private Septic
  • Heating Cooling: Ceiling Fans, Central, Forced Air, Zoned/Dual, Geothermal, Heated Floor

Schools

  • High School: Mt Vernon
  • Jr Middle School: Mt Vernon
  • Elementary School: Washington

Lot Info

  • Acreage: 36.03
  • Geo Subdivision: IA
  • Lot Dimensions: 1179x1336x1180x1325
  • Zoning: Residential

Green Features

  • Energy Generation: Solar Direct Ownership

Tax Info

  • Assessor Parcel Number: 181535100200000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2020
Sold by
Dyer Jon and Dyer Erin
Bought by
Dyer Jon and Dyer Erin
Current Estimated Value
$960,464

Purchase Details

Listed on
Oct 16, 2019
Closed on
Apr 27, 2020
Sold by
Garner Leslie H and Garner Katrina J
Bought by
Dyer Jon
Seller's Agent
Tiffany Earl-Williams
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
Diona Carpenter
SKOGMAN REALTY
List Price
$985,000
Sold Price
$822,250
Premium/Discount to List
-$162,750
-16.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$793,784
Outstanding Balance
$707,314
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$253,150

Purchase Details

Closed on
Aug 10, 2011
Sold by
Garner Leslie H and Garner Katrina J
Bought by
Moses Korie D and Moses Sonya K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.54%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 13, 2002
Sold by
Koutny Edward F and Telecky Bessie M
Bought by
Garner Leslie H and Garner Katrina J
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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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
Dyer Jon -- None Available
Dyer Jon $822,500 River Ridge Escrow Co
Moses Korie D $187,000 None Available
Garner Leslie H $227,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dyer Jon $793,784
Previous Owner Moses Korie D $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2022 05/06/22 Sold $950,000 0.0% $221 / Sq Ft View Prior Sale
05/06/2022 05/06/22 Sold $950,000 0.0% $221 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/22/2022 04/22/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $950,000 0.0% $221 / Sq Ft
03/01/2022 03/01/22 For Sale $950,000 +15.5% $221 / Sq Ft
05/04/2020 05/04/20 Sold $822,250 -13.4% $191 / Sq Ft View Prior Sale
01/24/2020 01/24/20 Pending -- -- --
11/19/2019 11/19/19 Price Changed $949,500 -3.6% $220 / Sq Ft
10/16/2019 10/16/19 For Sale $985,000 -- $229 / 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
2025 $8,384 $820,500 $132,000 $688,500
2024 $8,312 $793,300 $137,500 $655,800
2023 $8,312 $604,300 $25,600 $578,700
2022 $7,954 $509,200 $23,400 $485,800
2021 $8,260 $507,900 $23,400 $484,500
2020 $8,260 $490,000 $24,300 $465,700
2019 $7,636 $468,400 $33,300 $435,100
2018 $7,460 $468,400 $33,300 $435,100
2017 $7,701 $474,300 $34,000 $440,300
2016 $7,701 $474,300 $34,000 $440,300
2015 $7,867 $493,000 $51,200 $441,800
2014 $7,688 $493,000 $51,200 $441,800
2013 $7,424 $493,000 $51,200 $441,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202202363

Iowa City Area Association of REALTORS®

APN: 18153-51002-00000