1040 Switchgrass Ln, Ely, IA 52227
Property image
Property image
OFF MARKET

$372,500

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 2,012 sqft

1040 Switchgrass Ln, Ely, IA 52227

Est. Refi. Payment $2,592/mo*
Refinance Your Home
Currently Off Market - Sold Apr 22, 2024 for $366,900

Home Value

Trulia Estimate
$373K
Since last month
Increased$1K (+0.3%)
Since last year
Decreased$600 (-0.2%)
Since last sale
Increased$7K (+1.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by 0% in the last 10 years
MonthEstimated value
2026
September 2026$374K
August 2026$373K
July 2026$372K
June 2026$376K
May 2026$374K
April 2026$370K
March 2026$370K
February 2026$374K
January 2026$372K
2025

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1080 Switchgrass Ln, Ely, IA
0.04
Single-Family Home
$366,900
10/17/25
2
2
2,012
1100 Switchgrass Ln, Ely, IA
0.06
Single-Family Home
$371,900
05/28/26
2
2
2,012
1000 Switchgrass Ln, Ely, IA
0.04
Single-Family Home
$367,900
04/17/26
2
2
1,765
3060 Sunflower St, Ely, IA
0.10
Single-Family Home
$340,000
05/22/26
2
2
1,533
3215 Sunflower St, Ely, IA
0.07
Single-Family Home
$499,900
05/15/26
3
2
1,539
3225 Sunflower St, Ely, IA
0.07
Single-Family Home
$559,813
08/28/26
3
2
1,651
1010 Switchgrass Ln, Ely, IA
0.03
Single-Family Home
$367,900
10/27/25
4
3
2,273
3335 Sunflower St, Ely, IA
0.12
Single-Family Home
$555,366
03/30/26
3
2
2,266
1110 Switchgrass Ln, Ely, IA
0.06
Single-Family Home
$384,900
05/14/26
4
3
2,456
1020 Linden Ln, Ely, IA
0.04
Single-Family Home
$479,900
05/01/26
4
3
2,124

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1060 Switchgrass Ln, Ely, IA 52227
0.02
$380,600
2
2
2,012
Off Market
1050 Switchgrass Ln, Ely, IA 52227
0.03
$391,200
4
3
2,456
Off Market
1070 Switchgrass Ln, Ely, IA 52227
0.03
$392,200
4
3
2,456
Off Market
1080 Switchgrass Ln, Ely, IA 52227
0.04
$376,800
2
2
2,012
Off Market
1030 Switchgrass Ln, Ely, IA 52227
0.03
$376,200
4
3
2,347
Off Market
1020 Switchgrass Ln, Ely, IA 52227
0.00
$360,200
2
2
1,772
Off Market
1090 Switchgrass Ln, Ely, IA 52227
0.04
$393,500
4
3
2,456
Off Market
1100 Switchgrass Ln, Ely, IA 52227
0.06
$371,900
2
2
2,012
Recently Sold
1110 Switchgrass Ln, Ely, IA 52227
0.06
$384,900
4
3
2,456
Recently Sold
1010 Switchgrass Ln, Ely, IA 52227
0.03
$377,500
4
3
2,273
Off Market
1035 Switchgrass Ln, Ely, IA 52227
0.02
$354,800
4
3
2,100
Off Market

Local Information

  • Map ViewExplore the area around 1040 Switchgrass Ln.
  • Schools5 Preschool Schools6 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2024
2,012 sqft
$185/sqft
Attached Garage

About this House

New Watts Group Construction in Founders Grove, a new community in Ely. This is a 2 bedroom, 2 bath ranch style zero lot home with an open floor plan that walks out to screened porch. Primary bedroom with private ensuite and laundry room are on the main level. Walkout LL features a large, finished family room that walks out to the patio. The two-stall garage has rough-in for future car charger. Home includes our Smart Home Package. This is the Villa A Plan. ***FLOORPLANS ARE CONCEPT ONLY. ACTUAL BUILD WILL VARY.*** No tax information at time of listing.
1040 Switchgrass Ln, Ely, IA 52227 is a 2 bedroom, 2 bathroom, 2,012 sqft single-family home built in 2024. It last sold for the $366,900 asking price on Apr 22, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $372,500, with a rent estimate of $3,086/month.
Last check for updates: about 6 hours ago
Listed by Michael Van Dyke, (319) 631-2659
Watts Group Realty
Bought with: NONMEMBER
Source: Iowa City Area AOR, MLS#202306059

Home Details for 1040 Switchgrass Ln

Interior Features

Interior Details
Basement: Full,Walk-Out Access,See Remarks
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2012 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Microwave, Range Or Oven, RefrigeratorDishwasherLaundry: Laundry Room,Main LevelMicrowaveRefrigerator
Heating & Cooling
Heating: Electric,Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Living Room, Factory Built, ElectricHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Tile, LVP
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Tile, LVP
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Patio / Porch: Patio, Screened
Parking & Garage
Has a GarageHas an Attached GarageParking Spaces: 2Parking: Garage Attached
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1402 Square FeetFinished Area (below surface): 610 Square Feet

Property Information

Year Built
Year Built: 2024
Property Type / Style
Property Type: ResidentialProperty Subtype: Zero Lot, Residential
Building
Construction Materials: Frame, Vinyl, Partial StoneIs a New Construction
Property Information
Condition: New ConstructionParcel Number: TBD

Price & Status

Price
List Price: $366,900
Status Change & Dates
Off Market Date: Sun Mar 03 2024Possession Timing: Negotiable

Active Status

MLS Status: Sold

Location

Direction & Address
City: ElyCommunity: Founders Grove
School Information
Elementary School: CollegeCommJr High / Middle School: CollegeCommHigh School: CollegeComm

Building

Building Details
Builder Name: Watts Group Construction
Building Area
Building Area: 2012 Square Feet

Community

Community Features: Sidewalks

HOA

HOA Fee Includes: OtherHas an HOA

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 202306059Above Grade Unfinished Area: 1402Showing Requirements: SeeRemarks, UnderConstruction, ShowingTime

Additional Information

Sidewalks

Price and Tax history

DateEventPrice
Apr 22, 2024
Source: Iowa City Area AOR #202306059
Sold
$366,900
Mar 4, 2024
Source: CRAAR, CDRMLS #2307553
Pending
$366,900
Nov 21, 2023
Source: Iowa City Area AOR #202306059
Listed For Sale
$366,900

Market trends in Ely

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
8
1MoM

Around this home

What Locals Say about Ely

At least 8 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 100 % Say there are sidewalks

  • 100 % Say car is needed

  • 94 % Say streets are well-lit

  • 92 % Say it's dog friendly

  • 90 % Say kids play outside

  • 90 % Say people would walk alone at night

  • 88 % Say there's holiday spirit

  • 80 % Say there are community events

  • 75 % Say it's walkable to restaurants

  • 73 % Say it's quiet

  • 73 % Say yards are well-kept

  • 67 % Say neighbors are friendly

  • 67 % Say they plan to stay for at least 5 years

  • 18 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Terra N.
    "I have lived here for 10 years and love it! People are very friendly and a great place to raise your kids!!!"
    1
    Flag
  • Robin N.
    "Within walking distance to the beautiful Hoover Bike trail. Small town living but easy access to Cedar Rapids or Iowa City. "
    0
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information is deemed reliable, but not guaranteed accurate by the MLS.

Frequently asked questions about 1040 Switchgrass Ln

  • What is 1040 Switchgrass Ln estimated to be worth?
    Trulia's estimated value for 1040 Switchgrass Ln in Ely, IA is $372,500.
  • What is the price history for 1040 Switchgrass Ln?
    1040 Switchgrass Ln in Ely, IA last sold for $366,900 in April 2024.
  • Is Ely a buyer's or seller's market?
    Ely is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Ely?
    Residents describe Ely, IA as easy to park in, pedestrian-friendly, and dog-friendly. See recently sold homes in Ely, IA.
  • Does 1040 Switchgrass Ln have air conditioning?
    Yes, 1040 Switchgrass Ln in Ely, IA has air conditioning.
  • Does 1040 Switchgrass Ln have laundry facilities?
    Yes, 1040 Switchgrass Ln in Ely, IA has laundry facilities.

Apartments for Rent

Skip to last item
  • Results are loading
Skip to first item

Off Market Homes Near 1040 Switchgrass Ln

Skip to last item
Skip to first item

Homes for sale near 1040 Switchgrass Ln

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item