Sold
Last Sold Price
725,709 Lot Size16.66 Acres
Lot 1 Banner Valley Road, Ely, IA 52227
LandProperty Type
16.66 acresLot Size

Description

Beautiful & Secluded 16.6 Acres of rolling Iowa Hills with permanent creek flowing through it with some mature trees. AG zoned with ability to build 1-home. Ely address but located in Solon School District. Electric/SouthSlope Cable service on Banner Valley Road Currently leased as pasture with cattle present for 2020, 24 hour notice to show by appointment with listing office and listing agent must be present.Beautiful & Secluded 16.6 Acres of rolling Iowa Hills with permanent creek flowing through it with some mature trees. AG zoned with ability to build 1-home. Ely address but located in Solon School District. Electric/SouthSlope Cable service on Banner Valley Road Currently leased as pasture with cattle present for 2020, 24 hour notice to show by appointment with listing office and listing agent must be present.
  • Listed by: CHRIS MOTTINGER 319.329.7653 chris@mottingergroup.com • Mottinger Real Estate Group
Listing closed: 12/18/2020 12:00 AM • Source: Iowa City Area AOR, MLS#: 202003666

Recent comparable sales

Median sold price

$121,900

Avg days on market

199

Sale-to-list ratio

85.1%

Ely, IA

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Location

Listing Courtesy of Mottinger Real Estate Group

Sold By Keller Williams Legacy Group

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Payment Calculator

$1,320 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,292

Property Taxes

$29

HOA Dues

$0

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Property Information for Lot 1 Banner Valley Road

Property Details
  • Taxes: $342 / year
  • MLS Type: Land
  • County: Linn County
  • Subdivision Name: Banner Valley
  • Zoning: Ag
Building Information
  • Lot Size: 16.66 AC
Summary
Location and General Information
  • Directions: From Ely - East on Banner Valley Road 1.25 Miles to Address. From Solon - North on Hwy 1 to Left on 120th St to Right on Polk Ave to Left on Seven Sisters Rd to Right on Palisades Access Rd to Left on Banner Valley
  • Latitude: 41.87127787
  • Longitude: -91.55683005
Taxes and HOA
  • Association Fee Frequency: Annually
  • Association: No
  • Parcel Number: 182847600300000
  • Tax Annual Amount: $342.00
  • Tax Lot: 1
  • Tax Year: 2019
School Information
  • Elementary School: Solon
  • High School: Solon
  • Middle Or Junior School: Solon
Property
Lot Information
  • Lot Size Acres: 16.66
  • Lot Size Area: 16.66
  • Lot Size Dimensions: 16.66 Acres
  • Lot Size Units: Acres
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
Property and Assessments
  • Current Use: Timber
  • Possible Use: Agricultural, Residential, Timber
  • Property Type: Land
Green Features
  • Green Verification: No
Interior and Exterior Features
Interior Features
  • Has Spa: No

Property History for Lot 1 Banner Valley Road

DateEvent & SourcePriceAppreciation
Dec 18, 2020

Sold

Iowa City Area AOR #202003666

$250,000
Sep 29, 2020

Contract Signed

Iowa City Area AOR #202003666

Jun 4, 2020

Listed (Active)

Iowa City Area AOR #202003666

$275,000
DateEvent & SourcePrice
12/18/2020

Sold

Iowa City Area AOR #202003666

$250,000
09/29/2020

Contract Signed

Iowa City Area AOR #202003666

06/04/2020

Listed (Active)

Iowa City Area AOR #202003666

$275,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near Lot 1 Banner Valley Road

This home is within College Community School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - PK to 4
Public - PK to 4
Public - PK to 4
Rating
School
Distance
Prairie View Elementary School
PublicPK to 4

Prairie Ridge Elementary School
PublicPK to 4

Prairie Crest Elementary School
PublicPK to 4

Prairie Heights Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Lot 1 Banner Valley Road, Ely, IA 52227
$250,000
725,709
$295,000
1,745,449
$247,500
3
2,422
10,800
$41,000
11,325
$255,000
3
1,580
10,890
$249,490
3
1,550
10,890

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mottinger Real Estate Group

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Iowa City Area Association of REALTORS®. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. The data is provided from an authorized source. Copyright © 2026 Iowa City Area Association of REALTORS®. All Rights Reserved.