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

1500 Main St #209
Ely, IA 52227

  • 3 Beds
  • 2 Baths
  • 2,018 sqft

$604,500

Last Sold: Feb 20, 2026
$300/sqft
Est. Refi. Payment $3,920/mo*

$604,500

Last Sold: Feb 20, 2026
$300/sqft
Est. Refi. Payment $3,920/mo*
3 Beds
2 Baths
2,018 sqft

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

Property Type
Condo
Year Built
2023
Living Area
2,018 sqft
Price/Sqft
$300/sqft
Parking
2 Car Garage
HOA
$250/Monthly

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. It is currently off market. The Trulia Estimate is $616,200, with a rent estimate of $2,398/month.

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

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
Last check for updates: about 3 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

Price History for 1500 Main St #209

DatePriceEventSource
02/20/2026$604,500Sold
CRAAR, CDRMLS #2303744
06/22/2023$604,500PendingCRAAR, CDRMLS #2303744
06/09/2023$604,500Listed For SaleCRAAR, CDRMLS #2303744

Market trends in Ely

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
8
2
MoM
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Comparable Sales for 1500 Main St #209

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.33
Condo
$177,000
12/19/25
2
1.5
1,305
0.01
Condo
$221,000
01/06/26
1
1
727
0.37
Condo
$180,000
05/20/26
2
3
1,466
3.60
Condo
$619,500
09/19/25
3
3
2,943
3.63
Condo
$520,000
08/15/25
4
3
2,921
3.75
Condo
$249,950
09/30/25
3
3
2,157
3.75
Condo
$243,000
07/24/26
3
3
2,725
3.86
Condo
$182,800
04/20/26
3
2
1,704
4.08
Condo
$263,500
09/09/25
3
2
2,023

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Assigned Schools

These are the assigned schools for 1500 Main St #209.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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!!!"
  • Robin N.
    "Within walking distance to the beautiful Hoover Bike trail. Small town living but easy access to Cedar Rapids or Iowa City. "

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Apartments for Rent

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Homes for sale near 1500 Main St #209

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Off Market Homes Near 1500 Main St #209

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IDX information is provided exclusively for 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 deemed reliable but not guaranteed.