1 year on rocket

1500 Main St Unit 202, Ely, IA, 52227

$324,000

Home List Price

$3,848*

Closing Credit

2 Bedrooms
2 Full Baths
1,079 SqFt
$300/SqFt
Condo

Location

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1500 Main St Unit 202, Ely$324,000

Buyer Closing Credits

$3,848*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnderground, Garage, Off Street, On Street
Garage1 space
Year Built2024
HeatingGeothermal, Forced Air
CoolingGeothermal, Central Air
MLS #2303551
StatusActive

About 1500 Main St Unit 202

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.

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

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.

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Ely, IA

City

Med. Sold Price

$360K

Med. Price/SqFt

$148

Avg. Days On Market

51

# of Sold Homes

4

1500 Main St Unit 202 vs Ely

564 DAYS ON ROCKET

+513 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: #2303551

Listing Office:

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

IDXProvided 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: 12/18/2024, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,825

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,038

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4490300
3
/10

  • Prairie Hill Elementary

  • 151 Prairie Hill Ct SW

  • 4.28 miles

  • Public District Grades PK-4

school-card-donut-4490301
3
/10

  • Prairie Heights Elementary

  • 190 76th Ave SW

  • 4.44 miles

  • Public District Grades PK-4

school-card-donut-4490302
6
/10

  • Prairie View Elementary

  • 251 Prairie Hill Ct SW

  • 4.48 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,927. The most common annual income of people living in Ely, IA is between $35k-100k. Typical family type is married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1500 Main St Unit 202

What is the listing price of this property?

The listing price of 1500 Main St Unit 202 property is $324,000.

What type of property is this?

The property 1500 Main St Unit 202 is a condo located in Ely, Iowa, 52227.

Is this property for sale now?

Active Listing: 1500 Main St Unit 202 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1500 Main St Unit 202 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1500 Main St Unit 202 is 1,079 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1500 Main St Unit 202 is 2024.

Rocket Homes›Iowa›Linn County›Ely›52227›1500 Main St Unit 202

This home is located at 1500 Main St Unit 202 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 June 02, 2023 and is currently priced at $324,000.

In November 2024, from all listings sold in Ely, IA there were more than 0 sold above asking price, over 3 sold below and more than 1 were sold right at the asked price. In November 2024 in Ely, IA there were 24% less homes for sale than in October 2024. While the average time on the market in November 2024 was 51 days, the median list price was $360,000.

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

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