1500 Main St #209, Ely, IA 52227
SOLD
FEB 20, 2026

$612,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,018 sqft

1500 Main St #209, Ely, IA 52227

Est. Refi. Payment $4,150/mo*
Refinance Your Home
Currently Off Market - Sold Feb 20, 2026 for $604,500

Home Value

Trulia Estimate
$612K
Since last month
$300 (0%)
Since last year
Increased$265K (+76.4%)
Since last sale
Increased$8K (+1.3%)
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 +60% in the last 10 years
MonthEstimated value
2026
September 2026$612K
August 2026$612K
July 2026$619K
June 2026$614K
May 2026$611K
April 2026$608K
March 2026$607K
February 2026$605K
January 2026$362K
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
1835 Wrigley St, Ely, IA
0.33
Condo
$177,000
12/19/25
2
1.5
1,305
1500 Main St #204, Ely, IA
0.01
Condo
$221,000
01/06/26
1
1
727
1856 Wrigley St, Ely, IA
0.37
Condo
$180,000
05/20/26
2
3
1,466
6373 Muirfield Dr SW, Cedar Rapids, IA
3.75
Condo
$249,950
09/30/25
3
3
2,157
6355 Muirfield Dr SW, Cedar Rapids, IA
3.75
Condo
$243,000
07/24/26
3
3
2,725
1410 Scarlet Sage Dr SW, Cedar Rapids, IA
3.86
Condo
$182,800
04/20/26
3
2
1,704
9441 Lovegrass Dr SW, Cedar Rapids, IA
3.86
Condo
$239,990
06/30/26
3
2.5
1,498
9439 Lovegrass Dr SW, Cedar Rapids, IA
3.88
Condo
$239,990
06/30/26
3
2.5
1,498
9443 Lovegrass Dr SW, Cedar Rapids, IA
3.85
Condo
$257,990
06/30/26
4
2.5
1,658

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
0.01
$720,000
3
2
2,358
For Sale
1500 Main St #202, Ely, IA 52227
0.01
$338,000
2
2
1,070
For Sale
1500 Main St #201, Ely, IA 52227
0.01
$338,000
2
2
1,095
For Sale
1500 Main St #208, Ely, IA 52227
0.01
$338,000
2
2
1,093
For Sale
1500 Main St #204, Ely, IA 52227
0.01
$221,000
1
1
727
Recently Sold
1500 Main St #205, Ely, IA 52227
0.04
$338,000
2
2
1,095
For Sale
1500 Main St #203, Ely, IA 52227
0.04
$338,000
2
2
1,097
For Sale
1500 Main St #206, Ely, IA 52227
0.04
$338,000
2
2
1,093
For Sale
1500 Main St #207, Ely, IA 52227
0.04
$338,000
2
2
1,118
For Sale
1640 Dows St, Ely, IA 52227
0.05
-
Studio
-
2,346
Off Market
1550 Hillcrest St, Ely, IA 52227
0.10
$371,800
4
2
2,450
Off Market

Local Information

  • Map ViewExplore the area around 1500 Main St #209.
  • Schools5 Preschool Schools6 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Condo
Built in 2023
2,018 sqft
$300/sqft
2 Car Garage
HOA $250/mo

About this House

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. We are just months away from our residentials spaces being move in ready. Our current goal is to have possession of the building by October of 2025, so now is the time to be picking your unit and securing your space in this great building. Located just 15 min from downtown Cedar Rapids, and just over 25 from downtown Iowa City, this is a great location to escape the big city and enjoy quite small town living while still being just minutes from the action. This is not going to be your typical condo experience, these are going to be exceptional! Special care has been taken by Melanie Olsen Design to create a space which is warm, professional, and executive level in every way. The residential space has a common area for larger gatherings and for all to use. The building offers heated indoor parking, geo-thermal, filtered water system, spaces for electric vehicles to plug-in, security, elevator service from the parking to the second floor for a zero stairs experience, extra storage for each residential unit in the parking space, bike parking, and custom firepits along the bike trail for all to enjoy. All are welcome, call us today to learn more about one of the nicest spaces in the corridor!
1500 Main St #209, Ely, IA 52227 is a 3 bedroom, 2 bathroom, 2,018 sqft condo built in 2023. It last sold for the $604,500 asking price on Feb 20, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $612,000, with a rent estimate of $2,739/month.
Last check for updates: about 2 hours ago
Listed by Jason Vestweber, (319) 551-0373
SKOGMAN REALTY
Bought with: Jason Vestweber, (319) 551-0373, SKOGMAN REALTY
Originating MLS: Cedar Rapids Area Association Of Realtors
Source: CRAAR, CDRMLS, MLS#2303744

Home Details for 1500 Main St #209

Interior Features

Interior Details
Basement: See RemarksNumber of Rooms: 1
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2018 Square Feet
Appliances & Utilities
Utilities: Cable ConnectedAppliances: DisposalDisposalLaundry: Upper Level
Heating & Cooling
Heating: Geothermal,Forced AirHas CoolingAir Conditioning: Geothermal,Central AirHas HeatingHeating Fuel: Geothermal

Exterior Features

Exterior Home Features
Patio / Porch: Deck
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Attached,Underground,Garage,Off Street,On Street
Frontage
Responsible for Road Maintenance: Private Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2018 Square Feet

Property Information

Year Built
Year Built: 2023
Property Type / Style
Property Type: ResidentialProperty Subtype: CondominiumArchitecture: See Remarks
Building
Building: Elevator(s)Construction Materials: Composite Siding, Frame, Vinyl SidingIs a New Construction
Property Information
Condition: To Be BuiltParcel Number: 183112701200000

Price & Status

Price
List Price: $604,500Price Per Sqft: $300/sqft
Status Change & Dates
Off Market Date: Fri Jun 16 2023Possession Timing: Closing

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: Ely
School Information
Elementary School: College CommJr High / Middle School: College CommHigh School: College Comm

HOA

Association for this Listing: Cedar Rapids Area Association Of RealtorsHas an HOAHOA Fee: $250/Monthly

Offer

Listing Terms: Cash, See Remarks

Miscellaneous

Mls Number: 2303744Living Area Range Units: Square FeetAbove Grade Unfinished Area: 2018Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19113-N-183112701200000-R-N

Additional Information

Days On Market Replication: 7

Price and Tax history

DateEventPrice
Feb 20, 2026
Source: CRAAR, CDRMLS #2303744
Sold
$604,500
Jun 22, 2023
Source: CRAAR, CDRMLS #2303744
Pending
$604,500
Jun 9, 2023
Source: CRAAR, CDRMLS #2303744
Listed For Sale
$604,500

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

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Frequently asked questions about 1500 Main St #209

  • What is 1500 Main St #209 estimated to be worth?
    Trulia's estimated value for 1500 Main St #209 in Ely, IA is $612,000.
  • What is the price history for 1500 Main St #209?
    1500 Main St #209 in Ely, IA last sold for $604,500 in February 2026.
  • 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 1500 Main St #209 have air conditioning?
    Yes, 1500 Main St #209 in Ely, IA has air conditioning.
  • Does 1500 Main St #209 have laundry facilities?
    Yes, 1500 Main St #209 in Ely, IA has laundry facilities.

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