Banner Valley Rd
Ely, IA 52227
$831,700
as of Jul 8, 2026
$831,700
as of Jul 8, 2026
(on 60 acres)
Local Information
- Map ViewExplore the area around Banner Valley Rd.
- Schools5 Preschool Schools6 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Description
This is a nice Linn County farm located 1 mile East of Ely. 57.94 cropland acres with a 55.90 CSR2. This would make a good income- producing farm or a potential building site.
Banner Valley Rd, Ely, IA 52227 is a single-family home. It last sold for $426,000 on Jan 15, 2021 (11% below the $480,000 asking price). It is currently off market. The Trulia Estimate is $831,700, with a rent estimate of $2,087/month.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for Banner Valley Rd
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Frontage Not on Waterfront |
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Property Type / Style Property Type: FarmProperty Subtype: Farm |
Property Information Parcel Number: 182845100200000, 183312600100000 |
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Price List Price: $480,000 |
Status Change & Dates Off Market Date: Sat Oct 31 2020Possession Timing: Negotiable |
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MLS Status: Closed |
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Direction & Address City: Ely |
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Association for this Listing: Cedar Rapids Area Association Of Realtors |
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Lot Area: 60 Acres |
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Listing Terms: Conventional |
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Mls Number: 2006646Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19113-N-182845100200000, 183312600100000-R-N |
Last check for updates: about 13 hours ago
Listed by Troy Louwagie, (319) 721-4068
HERTZ REAL ESTATE SERVICE
Bought with: Troy Louwagie, (319) 721-4068, HERTZ REAL ESTATE SERVICE
Originating MLS: Cedar Rapids Area Association Of Realtors
Source: CRAAR, CDRMLS, MLS#2006646
Price History for Banner Valley Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 01/15/2021 | $426,000 | Sold | CRAAR, CDRMLS #2006646 |
Market trends in Ely
Last updated May 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
6
4MoM
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Comparable Sales for Banner Valley Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.32 | Single-Family Home | $465,000 | 03/26/26 | - | - | ||
1.45 | Single-Family Home | $465,000 | 03/03/26 | - | - | ||
1.08 | Single-Family Home | $329,900 | 05/07/26 | 3 | 3 | 2,331 | |
1.12 | Single-Family Home | $555,366 | 03/30/26 | 3 | 2 | 2,266 | |
1.20 | Single-Family Home | $479,900 | 05/01/26 | 4 | 3 | 2,124 | |
1.17 | Single-Family Home | $559,259 | 05/29/26 | 5 | 3 | 2,505 | |
1.21 | Single-Family Home | $499,900 | 05/15/26 | 3 | 2 | 1,539 | |
1.12 | Single-Family Home | $240,000 | 04/06/26 | 3 | 2 | 1,697 | |
1.25 | Single-Family Home | $367,900 | 10/27/25 | 4 | 3 | 2,273 | |
1.27 | Single-Family Home | $379,900 | 08/15/25 | 4 | 3 | 2,456 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKETMeagan Bennett-Twins Home Team, Keller Williams Legacy Group
SOLDDEC 12, 2025
SOLDMAY 15, 2026
Assigned Schools
These are the assigned schools for Banner Valley Rd.
- Prairie Heights Elementary School
- PK-4
- Public
- 397 Students
7/10GreatSchools RatingParent Rating AverageThe Best School To Recommend To People Moving To This District. It was a great school for me to go to!!Other Review4y ago - Prairie High School
- 9-12
- Public
- 1777 Students
2/10GreatSchools RatingParent Rating AverageMy student loves it here. We used to be in the Cedar Rapids school district and moved to the Prairie district intentionally. It is a great school with great teachers.Parent Review3y ago - Prairie Crest Elementary School
- PK-4
- Public
- 426 Students
6/10GreatSchools RatingParent Rating AverageCommunication from the district is great. Lots of opportunities to get involved and teachers are very accessible and caring.Parent Review2y ago - Prairie View Elementary School
- PK-4
- Public
- 423 Students
7/10GreatSchools RatingParent Rating AverageAmazing experience for my children... The staff are personally invested in the success of each student.. Even after graduation. Love the view!Parent Review8y ago - Prairie Ridge Elementary School
- PK-4
- Public
- 443 Students
6/10GreatSchools RatingParent Rating AverageWonderful teachers who care about the children; we feel very lucky to have such a great school!Parent Review16y ago - Prairie Point Middle School
- 7-9
- Public
- 849 Students
6/10GreatSchools RatingParent Rating AverageRude office ladies. Every time I call it’s like I’m an inconvenience. The attendance lady is a nightmare. The guidance counselor secretary might be worse. My son hates going into there. Whether it be for a new lunch card or if he’s feeling ill. He avoids the place like it’s a plague. You’d think they would hire ppl to work in there who idk don’t mind talking to ppl and don’t treat them like shhit. People who like being around kids all day. But what do I know. The principal is new and im convinced he has no clue what he’s doing. The principal last year was there for awhile and was great while my daughter was there. Teachers have been great. Which that’s most important. Just wish the administration could get there heads out of their rears.Parent Review5mo ago - Prairie Creek Intermediate School
- 5-6
- Public
- 843 Students
4/10GreatSchools RatingParent Rating AverageThis is one of the worst schools i have ever been too. The students are very disrespectful, they cuss at you when they get the chance and act immature for their age. They don’t have any manners, so much so that they don’t just bump into you sometimes, they shove you. There is always some sort of drama, the worst part is i was bullied here, during my first year. I was called fat, and instead of other kids helping, they joined the bullying. I told a teacher and all they did was “talk” to the bullies. Kids never get punished, only for random things, in my entire year there, Only once a kid was suspended, for a day. This kid was literally throwing chairs at the class windows and was trying to stab us with broken pieces of plastic. One day is absurd. Teachers teach you pretty good, besides from the fact they make you sit on your computers most of the time. You have to always be on your computers, the teacher just has to give instructions and boom! Done teaching. The staff, excluding teachers, are rude. They give prettu robotic responses to a misbehaving student like “You need to be in class.” Like thats gonna help. This review is work in progressOther Review1y ago - Prairie Hill Elementary School
- PK-4
- Public
- 452 Students
8/10GreatSchools RatingParent Rating Average
No reviews available for this school. 
Check out schools near Banner Valley Rd.
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.
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Apartments for Rent
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Homes for sale near Banner Valley Rd
OPEN THU, 5-6:30PM0.25 ACRESCheri Hill, Keller Williams Legacy Group
9 ACRESJill Monnahan, SKOGMAN REALTY
OPEN FRI, 11-12:30PM
OPEN SUN, 12:30-2PM
0.53 ACRESMatt Strand, Black Horse Real Estate Company
See more homes for sale inEly
Off Market Homes Near Banner Valley Rd
SOLDJUL 2, 2026
SOLDJUN 5, 2026
SOLDJUN 4, 2026Jen Jacobs, RE/MAX CONCEPTS
SOLDMAY 29, 2026Michael Van Dyke, Watts Group Realty
SOLDMAY 27, 2026
SOLDMAY 22, 2026JJ Johannes, Epique Realty
SOLDMAY 15, 2026
SOLDMAY 4, 2026Cindy Gaffney, RE/MAX Concepts - Cedar Falls, Northeast Iowa Regional BOR as distributed by MLS GRID
SOLDMAY 1, 2026- See more homes for sale inEly
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Information is deemed reliable but not guaranteed.