NOT LISTED FOR SALE

6551 Old River Rd Ely, IA 52227

Estimated Value: $323,000 - $523,000

3 Beds
2 Baths
1,495 Sq Ft
$303/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2021

Last sale price $475,000 $318 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,704 / mo

7 Days on Market

Highlights

  • 44.89 Acre Lot
  • Deck
  • Wooded Lot
  • Prairie Ridge Elementary School Rated A-
  • Wood Burning Stove
  • Hydromassage or Jetted Bathtub

About This Home

As of December 2021

Wonderful turn of the century home in need of some TLC. Great land in a great location. Plenty of timber land for the hunting enthusiast or secluded living for a the more private homeowner. Property has a fantastic early century barn in good condition. A great project home or land investment for any buyer. Make sure to check it out today! ** Property is being sold AS-IS, all inspections for buyer's information only. Taking all offers until Wednesday 12/8/2021, offers reviewed at 9:00am on 12/8/2021.

Last Agent to Sell the Property

Star Horak

Pinnacle Realty LLC Listed on: 12/01/2021

Pinnacle Realty LLC

Last Buyer's Agent

Molly Jo Wolfe

COLDWELL BANKER LEE'S TOWN and COUNTRY

COLDWELL BANKER LEE'S TOWN and COUNTRY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,866

Year Built

  • 1912

Lot Details

  • 44.89 Acre Lot
  • Fenced
  • Wooded Lot
  • Property is zoned Ag/R

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,495 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Stove
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Water Softener Leased
  • Septic System
  • Satellite Dish
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,866

Year Built

1912

Lot Details

44.89 Acres

Listing Details

  • Style: 1.5 Story
  • Acres: 44.8900
  • Above Grade Finished Sq Ft: 1495
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Ely
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 2866
  • List User Cell Phone: 319-538-7671
  • Miscellaneous: Cable Ready, Deck, Fencing, Jetted Tub, Satellite Dish, Storage Shed
  • Net Tax: 2704
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.07955
  • Ratio Close Price By Original Li: 1.07955
  • Ratio Current Price By Sq Ft: 317.73
  • Total Sq Ft: 1495
  • Water Sewer Roads: Septic System, Well Water
  • Zoning: Ag/R
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1912

Interior Features

  • Appliances Included: Disposal, Dryer, Range, Refrigerator, Washer, Water Heater – Electric, Water Softener – Lease
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 2: 3
  • Fireplace Features: Wood Burning Stove
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 6
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl, Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

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

Lot Info

  • Lot Size: 44.89Acre

Rental Info

  • Pets: Pets Allowed

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 28, 2021
Sold by
Bought by
Seller's Agent
Star Horak
Pinnacle Realty LLC
Buyer's Agent
Molly Jo Wolfe
COLDWELL BANKER LEE'S TOWN and COUNTRY
List Price
$440,000
Sold Price
$475,000
Premium/Discount to List
$35,000
7.95%
Current Estimated Value
$453,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,801
Avg. Annual Appreciation
-1.03%
Original Mortgage
$380,000
Outstanding Balance
$326,772
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$126,427
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$475,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $380,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/29/2021 12/29/21 Sold $475,000 +8.0% $318 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
12/05/2021 12/05/21 For Sale $440,000 0.0% $294 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $440,000 -- $294 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,244 $383,100 $117,000 $266,100
2024 $3,086 $362,200 $117,000 $245,200
2023 $3,086 $247,100 $117,000 $130,100
2022 $2,802 $198,500 $117,000 $81,500
2021 $2,064 $198,500 $117,000 $81,500
2020 $2,064 $143,000 $69,500 $73,500
2019 $812 $64,100 $6,400 $57,700
2018 $788 $64,100 $6,400 $57,700
2017 $973 $70,200 $7,200 $63,000
2016 $973 $70,200 $7,200 $63,000
2015 $1,037 $77,000 $11,900 $65,100
2014 $902 $77,000 $11,900 $65,100
2013 $842 $77,000 $11,900 $65,100
Source: Public Records

Agents Affiliated with this Home

  • Star Horak

    Seller's Agent in 2021

    Star Horak

    Pinnacle Realty LLC

    (319) 538-7671

    101 Total Sales

    Star Horak
    Section Image

  • M

    Buyer's Agent in 2021

    Molly Jo Wolfe

    COLDWELL BANKER LEE'S TOWN and COUNTRY

    (319) 210-8813

    80 Total Sales

    Molly Jo Wolfe
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2108146

Cedar Rapids Area Association of REALTORS®

APN: 18054-27001-00000

Iowa Linn County Ely 52227

6551 Old River Rd, Ely, IA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.
Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.