- 2
- beds
- 2
- baths
- 1,095
- sqft
- 2026
- year built
- Status:
- Active
- MLS #:
- 202605517
- Neighborhood:
- NA
- County:
- Linn
- Listed By:
- Gwen Johnson - Skogman Realty Co.
- Agent Phone:
- (319) 631-4936
- Agent Email:
- gwen@gwenjohnson.com
Sponsoring Broker: Kim Bakey, Iowa Realty
Experience elevated living at Main Street Legacy Lofts. This 2-bedroom loft, designed by Melanie Olsen Design Group, features high-end finishes with a choice of sleek black accents or elegant gold finishes. Enjoy generously sized bedrooms, an open layout, a private balcony, dedicated storage, and indoor/outdoor parking. Amenities include a shared common kitchen and gathering space, plus secure elevator access. Quick access to the interstate between Cedar Rapids and Iowa City, with the charm of downtown Ely close by.
Highlights
- Residential
- Condominium
- New Construction
- Built in 2026
- $3,000/yr HOA
- 63 days on Market
-
- Bedrooms
- 2
-
- Bathrooms
- 2
-
- Year Built
- 2026
-
- Construction Materials
- Frame, Vinyl Siding
-
- Parking Features
- Attached, On Street, Off Street
-
- Living Area
- 1095.0
-
- Interior Features
- Master Downstairs, Other
-
- Appliances
- Dryer, Dishwasher, Microwave, Refrigerator, Washer
-
- Flooring
- Tile, Carpet
-
- Patio And Porch
- Deck
-
- Security Features
- Smoke Detector(s)
-
- Cooling
- Ceiling Fan(s), Central Air
-
- Heating
- Forced Air, Natural Gas
-
- Water
- Public
-
- Area
- OutOfArea
-
- County
- Linn
-
- City
- Ely
-
- Neighborhood
- NA
-
- Zip Code
- 52227
-
- High School
- CollegeComm
-
- Middle School
- CollegeComm
-
- Elementary School
- CollegeComm
-
Ask a Question
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Price History
| 09/11/2026 | Listed | $338,000 |
| Source: Cedar Rapids Area Association of REALTORS #2606400 | ||
| 09/11/2026 | Listed | $338,000 |
| Source: Cedar Rapids Area Association of REALTORS #2606399 | ||
| 09/11/2026 | Listed | $338,000 |
| Source: Cedar Rapids Area Association of REALTORS #2606397 | ||
| 09/11/2026 | Listed | $338,000 |
| Source: Iowa City Area Association of REALTORS #202605517 | ||
| 09/11/2026 | Listed | $338,000 |
| Source: Iowa City Area Association of REALTORS #202605520 | ||
| 09/11/2026 | Listed | $338,000 |
| Source: Iowa City Area Association of REALTORS #202605516 | ||
| 09/11/2026 | Listed | $338,000 |
| Source: Iowa City Area Association of REALTORS #202605522 | ||
| 03/09/2026 | Listed | $338,000 |
| Source: Iowa City Area Association of REALTORS #202601630 | ||
| 03/09/2026 | Off Market | — |
| Source: Iowa City Area Association of REALTORS #202601627 | ||
| 03/09/2026 | Off Market | — |
| Source: Iowa City Area Association of REALTORS #202601628 | ||
| 03/09/2026 | Listed | $338,000 |
| Source: Iowa City Area Association of REALTORS #202601620 | ||
| 03/09/2026 | Listed | $720,000 |
| Source: Iowa City Area Association of REALTORS #202601618 | ||
| 03/09/2026 | Off Market | — |
| Source: Iowa City Area Association of REALTORS #202601629 | ||
| 03/09/2026 | Listed | $338,000 |
| Source: Iowa City Area Association of REALTORS #202601621 | ||
| 03/09/2026 | Off Market | — |
| Source: Iowa City Area Association of REALTORS #202601622 | ||
| 03/04/2026 | Off Market | — |
| Source: Cedar Rapids Area Association of REALTORS #2601458 | ||
| 03/04/2026 | Off Market | — |
| Source: Cedar Rapids Area Association of REALTORS #2601461 | ||
| 03/04/2026 | Listed | $338,000 |
| Source: Cedar Rapids Area Association of REALTORS #2601462 | ||
| 03/04/2026 | Off Market | — |
| Source: Cedar Rapids Area Association of REALTORS #2601460 | ||
| 03/04/2026 | Off Market | — |
| Source: Cedar Rapids Area Association of REALTORS #2601457 | ||
| 03/04/2026 | Listed | $338,000 |
| Source: Cedar Rapids Area Association of REALTORS #2601456 | ||
| 03/04/2026 | Listed | $338,000 |
| Source: Cedar Rapids Area Association of REALTORS #2601455 | ||
| 03/04/2026 | Listed | $720,000 |
| Source: Cedar Rapids Area Association of REALTORS #2601454 | ||
| 09/04/2024 | Off Market | — |
| Source: Iowa City Area Association of REALTORS #202405074 | ||
| 09/04/2024 | Off Market | — |
| Source: Iowa City Area Association of REALTORS #202405070 | ||
| 09/04/2024 | Off Market | — |
| Source: Iowa City Area Association of REALTORS #202405076 | ||
| 09/04/2024 | Off Market | — |
| Source: Iowa City Area Association of REALTORS #202405077 | ||
| 09/04/2024 | Off Market | — |
| Source: Iowa City Area Association of REALTORS #202405071 | ||
| 09/04/2024 | Off Market | — |
| Source: Iowa City Area Association of REALTORS #202405075 | ||
| 09/04/2024 | Off Market | — |
| Source: Iowa City Area Association of REALTORS #202405078 | ||
| 05/28/2024 | Off Market | — |
| Source: Iowa City Area Association of REALTORS #202403109 | ||
| 06/08/2023 | Listed | |
| Source: Cedar Rapids Area Association of REALTORS #2303746 | ||
| 06/08/2023 | Listed | |
| Source: Cedar Rapids Area Association of REALTORS #2303747 | ||
| 06/08/2023 | Listed | |
| Source: Cedar Rapids Area Association of REALTORS #2303748 | ||
| 06/08/2023 | Listed | |
| Source: Cedar Rapids Area Association of REALTORS #2303745 | ||
| 02/20/2026 | Sold | $604,500 |
| Source: Cedar Rapids Area Association of REALTORS #2303744 | ||
| 06/08/2023 | Listed | $604,500 |
| Source: Cedar Rapids Area Association of REALTORS #2303744 | ||
| 01/06/2026 | Sold | $221,000 |
| Source: Cedar Rapids Area Association of REALTORS #2303558 | ||
| 02/08/2025 | Price Changed | $221,000 |
| Source: Cedar Rapids Area Association of REALTORS #2303558 | ||
| 05/31/2023 | Listed | $218,100 |
| Source: Cedar Rapids Area Association of REALTORS #2303558 | ||
Source: MLS Data
Mortgage History
| 01/27/2025 | Building or Construction Loan | $3,547,200 |
Source: Public records via Constellation Data Labs
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Similar Listings
Look Throughout Ely
There are currently 39 properties available in Ely, with 0 under contract to close soon. Properties in the city have an average sale price of $430,816 and typically spend 100 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 1500 Main St #205?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1500 Main St #205.
They know residentials in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 1500 Main St #205?
Click Ask a Question to talk with our team. You already know it is a 2 bed, 2 bath, listed for $338,000. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Ely, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 1500 Main St #205?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1500 Main St #205 at around $1,923. This includes estimated property taxes and insurance.
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How do I get pre-approved to buy 1500 Main St #205?
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Or, let us connect you with our preferred local lender in Linn County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 1500 Main St #205?
In most cases, yes. Whether 1500 Main St #205 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Ely's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 1500 Main St #205?
We can handle that for you. Our preferred local agent specializes in residentials in Ely and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $338,000 with 1,095 sqft of space—that comes out to approximately $309 per square foot.
How long has this property been on the market?
1500 Main St #205 was listed on September 11, 2026, which means it's been on the market for 63 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 2026, making it approximately 0 years old.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: CollegeComm
- Middle: CollegeComm
- High: CollegeComm
Want to see how these schools compare? Check out our Linn County School Guide to see ratings, reviews, and more for the schools in the area.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $3,000 paid annually.
Is 1500 Main St #205 still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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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.
Last Updated: November 13, 2026 at 04:32PM | Source: Iowa City Area Association of REALTORS | MLS#: 202605517
