1500 Main St #202, Ely, IA 52227
Property image
Property image
FOR SALE
NEW CONSTRUCTION
QUICK MOVE-IN

$338,000

  • 2 Beds
  • 2 Baths
  • 1,070 sqft

1500 Main St #202, Ely, IA 52227

Est. Mortgage $2,576/mo*
Get Pre-Qualified

Home Highlights

Condo
Built in 2026
$316/sqft
Attached Garage
HOA $250/mo

Local Information

  • Map ViewExplore the area around 1500 Main St #202.
  • Schools5 Preschool Schools6 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Modern eleganceOpen layoutSleek black accentsPrivate balconiesGenerously sized bedroomsStunning high-end finishes throughout
Experience elevated living at Main Street Legacy Lofts. These thoughtfully designed residences combine modern elegance with small-town charm. The 2-bedroom lofts, designed by Melanie Olsen Design Group, feature stunning high-end finishes throughout. Buyers can choose between two interior styles — one featuring sleek black accents and another with elegant gold finishes — each creating a sophisticated and modern atmosphere. Every unit offers generously sized bedrooms, an open layout, and private balconies. Residents will also enjoy dedicated storage units, and both indoor and outdoor parking options. Main Street Legacy Lofts also provides unique amenities rarely found in smaller communities, including a shared common kitchen and gathering space ideal for hosting friends, family, or community events, along with secure elevator access. Located in the highly desirable College Community School District, this prime location offers quick access to the interstate and sits conveniently between Cedar Rapids and Iowa City, making commuting simple while still enjoying the charm and walkability of downtown Ely. With only one 3-bedroom loft remaining, now is your chance to secure a one-of-a-kind luxury residence in one of the corridor’s most desirable growing communities. Photos are of a similar 2-bedroom unit.
Last check for updates: about 3 hours ago
Listing courtesy of Jason Vestweber, (319) 551-0373
Skogman Realty Co.
Gwen Johnson, (319) 631-4936
Skogman Realty Co.
Source: Iowa City Area AOR, MLS#202601621
Also Listed on CRAAR, CDRMLS, Iowa City Area AOR, CRAAR, CDRMLS.

Home Details for 1500 Main St #202

Interior Features

Heating & Cooling
Heating: Forced Air, Natural GasAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher

Property Information

Year Built
Year Built: 2026
Property Type / Style
Property Type: CondoArchitecture: Attached

Exterior Features

Parking & Garage
GarageParking: Off Street On Street, Garage Attached

Price & Status

Price
Price Per Sqft: $316

Agent Information

Listing Agent
MLS/Source ID: 202601621

HOA

HOA Fee: $3,000/Yearly

Additional Information

None

All New Homes in Ely Condos

Quick Move-in Homes (8)

All (8)
2 bd (7)
3 bd (1)
1500 Main St #202
2bd
2ba
1,070 sqft
$338,000
Check Availability
1500 Main St #205
2bd
2ba
1,095 sqft
$338,000
Check Availability
1500 Main St #201
2bd
2ba
1,095 sqft
$338,000
Check Availability
1500 Main St #203
2bd
2ba
1,097 sqft
$338,000
Check Availability
1500 Main St #206
2bd
2ba
1,093 sqft
$338,000
Check Availability
1500 Main St #207
2bd
2ba
1,118 sqft
$338,000
Check Availability
1500 Main St #208
2bd
2ba
1,093 sqft
$338,000
Check Availability
1500 Main St #200
3bd
2ba
2,358 sqft
$720,000
Check Availability
Quick Move-In Homes provided by Iowa City Area AOR

Community Description

Experience elevated living at Main Street Legacy Lofts. These thoughtfully designed residences combine modern elegance with small-town charm. The 2-bedroom lofts, designed by Melanie Olsen Design Group, feature stunning high-end finishes throughout. Buyers can choose between two interior styles - one featuring sleek black accents and another with elegant gold finishes - each creating a sophisticated and modern atmosphere. Every unit offers generously sized bedrooms, an open layout, and private balconies. Residents will also enjoy dedicated storage units, and both indoor and outdoor parking options. Main Street Legacy Lofts also provides unique amenities rarely found in smaller communities, including a shared common kitchen and gathering space ideal for hosting friends, family, or community events, along with secure elevator access. Located in the highly desirable College Community School District, this prime location offers quick access to the interstate and sits conveniently between Cedar Rapids and Iowa City, making commuting simple while still enjoying the charm and walkability of downtown Ely. With only one 3-bedroom loft remaining, now is your chance to secure a one-of-a-kind luxury residence in one of the corridor's most desirable growing communities.
Contact this Building
Learn more about this community

Office Hours

Sales Office
2530 Corridor Way
Coralville, IA 52241

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

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

Home Value

Trulia Estimate
$338K
Since last month
Increased$700 (+0.2%)
Since last year
Increased$96K (+39.8%)
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 increased by +4% in the last 10 years
MonthEstimated value
2026
September 2026$338K
August 2026$337K
July 2026$337K
June 2026$337K
May 2026$337K
April 2026$337K
March 2026$337K
February 2026$212K
January 2026$221K
2025
2024

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
1500 Main St #209, Ely, IA
0.01
Condo
$604,500
02/20/26
3
2
2,018
1835 Wrigley St, Ely, IA
0.32
Condo
$177,000
12/19/25
2
1.5
1,305
1500 Main St #204, Ely, IA
0.00
Condo
$221,000
01/06/26
1
1
727
1856 Wrigley St, Ely, IA
0.36
Condo
$180,000
05/20/26
2
3
1,466
6325 Muirfield Dr SW, Cedar Rapids, IA
3.85
Condo
$212,000
08/21/26
2
1.5
1,400
1410 Scarlet Sage Dr SW, Cedar Rapids, IA
3.85
Condo
$182,800
04/20/26
3
2
1,704
6323 Muirfield Dr SW, Cedar Rapids, IA
3.85
Condo
$228,500
09/10/26
2
2.5
2,000
6373 Muirfield Dr SW, Cedar Rapids, IA
3.74
Condo
$249,950
09/30/25
3
3
2,157
9441 Lovegrass Dr SW, Cedar Rapids, IA
3.85
Condo
$239,990
06/30/26
3
2.5
1,498
9439 Lovegrass Dr SW, Cedar Rapids, IA
3.87
Condo
$239,990
06/30/26
3
2.5
1,498

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
1500 Main St #200, Ely, IA 52227
0.00
$720,000
3
2
2,358
For Sale
1500 Main St #201, Ely, IA 52227
0.00
$338,000
2
2
1,095
For Sale
1500 Main St #208, Ely, IA 52227
0.00
$338,000
2
2
1,093
For Sale
1500 Main St #204, Ely, IA 52227
0.00
$221,000
1
1
727
Recently Sold
1500 Main St #209, Ely, IA 52227
0.01
$604,500
3
2
2,018
Recently Sold
1500 Main St #205, Ely, IA 52227
0.03
$338,000
2
2
1,095
For Sale
1500 Main St #203, Ely, IA 52227
0.03
$338,000
2
2
1,097
For Sale
1500 Main St #206, Ely, IA 52227
0.03
$338,000
2
2
1,093
For Sale
1500 Main St #207, Ely, IA 52227
0.03
$338,000
2
2
1,118
For Sale
1640 Dows St, Ely, IA 52227
0.06
-
Studio
-
2,346
Off Market
1550 Hillcrest St, Ely, IA 52227
0.09
$371,800
4
2
2,450
Off Market

Price and Tax history

DateEventPrice
Mar 4, 2026
Source: CRAAR, CDRMLS #2601456
Listed For Sale
$338,000
Mar 1, 2026
Source: CRAAR, CDRMLS #2303551
ListingRemoved
$328,000
Feb 9, 2025
Source: CRAAR, CDRMLS #2303551
PriceChange
$328,000
Price increased by 1%
Jan 9, 2025
Source: Skogman Realty #202405071
PriceChange
$324,500
Price increased by 0%
Jan 9, 2025
Source: Skogman Realty #2303551
PriceChange
$324,000
Price decreased by 0%

LGBTQ Local Legal Protections

Jason Vestweber, Skogman Realty Co.
Agent Phone: (319) 551-0373
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.

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Frequently asked questions about 1500 Main St #202

  • What is the estimated monthly payment for 1500 Main St #202?
    Based on a $338,000 list price with 20% down at today's rates, the estimated monthly payment for 1500 Main St #202 in Ely, IA is approximately $2,348 (about $1,839 principal & interest, $434 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Ely?
    Residents describe Ely, IA as easy to park in, pedestrian-friendly, and dog-friendly. See homes for sale in Ely, IA.
  • What are the closest schools to 1500 Main St #202?
    The closest schools to 1500 Main St #202 in Ely, IA are Prairie Creek Intermediate School (Elementary, rated 4/10), Prairie Crest Elementary School (Pre-K, rated 5/10), Prairie Heights Elementary School (Pre-K, rated 7/10).
  • Does 1500 Main St #202 have air conditioning?
    Yes, 1500 Main St #202 in Ely, IA has air conditioning.
  • Does 1500 Main St #202 have laundry facilities?
    Yes, 1500 Main St #202 in Ely, IA has in-unit laundry.
1500 Main St #202, Ely, IA 52227 is a 2 bedroom, 2 bathroom, 1,070 sqft condo built in 2026. This property is currently available for sale and was listed by Iowa City Area AOR on Mar 9, 2026. The MLS # for this home is MLS# 202601621.