1500 Main St Unit 201, Ely, IA, 52227

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1500 Main St Unit 201, Ely$324,000

Buyer Closing Credits

$3,848^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingUnderground, Garage, Off Street, On Street

Garage1 space

Year Built2024

HeatingGeothermal, Forced Air

CoolingGeothermal, Central Air

MLS #2405926

StatusActive

About 1500 Main St Unit 201

Welcome to Ely IA and the newest project in town! Located directly on the Cedar Valley Nature Trail and at the east end of Main Street, the Mainstreet Legacy LLC is committed to building this mixed use commercial and residential project. At this phase we are in pre-sale mode and are actively seeking early adopters who want to make this incredible space their next move. Early adopters will be given a number of buying advantages. Some of which are custom design options, a free interior parking space, and advanced access to Melanie Olsen Design for any pre-build edits, changes, or upgrades they wish to have incorporated into their space. Early adopters can also simply commit to 1 of our 2 designs and pre-purchase their space at list price.

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Property Details

Property Features

Property Information:

• Architectural Style: See Remarks
• Year Built: 2024
• Living Area: 1,079 SqFt

Listing Office:

• Office Name: SKOGMAN REALTY
• Office Phone: (319) 366-6427
• Listing Agent: Jason Vestweber

Interior Features

Interior Information:

• Appliances: Disposal
• Basement: No
• Interior: Kitchen/Dining Combo, Bath in Primary Bedroom, Upper Level Primary

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Parking Information:

• Garage Space: 1 space
• Parking: Underground, Garage, Off Street, On Street

Virtual/3D Tour

• Virtual Tour: 1500 Main St Unit 201

Virtual Tour

Utilities

Utilities Information:

• Heating: Geothermal, Forced Air
• Cooling: Geothermal, Central Air

Price Information

Listing Price Info

Price Summary:

• List Price: $324,000
• Price Per SqFt: $300/SqFt

HOA Fees:

• Amount: $140
• Frequency: Monthly

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Housing Market Comparison

See how this home compares to others in Ely, IA.

Ely, IA

City

Med. Sold Price

$360K

Med. Price/SqFt

$148

Avg. Days On Market

51

# of Sold Homes

4

1500 Main St Unit 201 vs Ely

115 DAYS ON ROCKET

+64 Days

$324,000

-$36K Less

$300/SqFt

+$152 More

KEY TAKEAWAY

This property is $36K less than the Median Sold Price and $152/SqFt more than other homes in Ely, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: CDR
• MLS Number: #2405926

Listing Office:

• Office Name: SKOGMAN REALTY
• Office Phone: (319) 366-6427
• Listing Agent: Jason Vestweber

Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' 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 Believed To Be Accurate But Not Guaranteed.
Copyright 2024 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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NMLS#3030

**Disclosures

Rocket Homes›Iowa›Linn County›Ely›52227›1500 Main St Unit 201

This home is located at 1500 Main St Unit 201 in Ely, IA and zip code 52227. This 1,079 square foot home was built in 2024. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $324,000.

While more than 0 listings in Ely, IA in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 3 were sold below. The inventory of homes for sale in Ely, IA between October 2024 and November 2024 decreased by 24%. The median list price of listings available in November 2024 was $360,000, while the average time on the real estate market was 51 days.

From Rocket Homes Real Estate and based on county public records data.