OFF MARKET

Off Market Apr 2024 for $540K

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Ellis Rd, Palo, IA 52324

About this home

This is an attractive, 41.81-acre building site located on the west edge of Cedar Rapids, along Ellis Rd. It includes a mixture of income-producing cropland, timber and creek. A paved bike trail runs along the west and north boundaries. This is a rare opportunity to purchase a large, buildable lot within the city limits of Cedar Rapids. Primary soils are Atterberry, Waukee and Kenyon. CSR2 on the 23.79 crop acres is 80.80. See soil map for detail. The Buyer would need to connect to the city water system. Cedar Rapids would allow a septic system to be installed on this property. For more information, contact the listing agent.

RanchProperty Type

41.81 acresLot Size

Listed by Troy Louwagie • HERTZ REAL ESTATE SERVICE

Bought with Troy Louwagie • HERTZ REAL ESTATE SERVICE

Redfin checked: a few seconds ago

•Source:CRAAR, CDRMLS #2400354

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 52324, IA

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

99.6%

1.1% MoM

Median sale price

$334K

$74 MoM

Avg. days on market

30d

1 days MoM

Recently sold homes

0 MoM

New listings for sale

3D WALKTHROUGH
$410,000
5 beds3 baths2,850 sq ft
1480 Cedar Bend Dr Bnd, Palo, IA 52324
$250,000
3 beds2 baths1,100 sq ft
100 Clinton St St, Palo, IA 52324
OPEN SEP 12, 10:30AM TO 12PM
$408,000
5 beds3 baths2,610 sq ft
2786 Creekview Trl, Palo, IA 52324
See all

Provided by Redfin

Sale history for Ellis Rd

Date

Event

Price

IAR #6314199

Apr 25, 2024

Sold

$540,000

Jan 19, 2024

Listed

$560,254

41.81 acres, m/l, located within the Cedar Rapids City Limits on the northeast corner of the intersection of Ellis Rd. and 80th St. (Palo mailing address) Property has an estimated 23.79 FSA crop acres with a CSR2 rating of 80.80. This is an attractive building site located on the west edge of Cedar Rapids. Buyer would need to connect to the city water system. Cedar Rapids would allow a septic system to be installed. Property includes a mixture of income-producing cropland, timber and creek. A paved bike trail runs along the west and north boundaries. Contact agent with Co-op fee questions.

CRAAR, CDRMLS #2400354

Feb 6, 2024

Pending

—

Jan 19, 2024

Listed

$560,254

Public record

Public record
Zoning

Beds

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Baths

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Stories

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Lot depth

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Lot size

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Year renovated

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Sq. Ft.

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Year built

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Style

Ranch

County

Linn County

APN

131522600300000 & 131525100300000

Parking Spaces

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Basement

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Accessible

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HOA Dues

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Garage

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Features

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Last updated by owner on Nov 27, 2025.

A-AG

Agricultural District

The Agricultural A-AG district is intended for use in rural areas of the City to preserve farming, agricultural production, and prime farmland soil while minimizing development pressures or conflicts on agricultural uses from residential or other uses. The district allows for agricultural uses and very low-density/very large lot residential development associated with agricultural uses. A-AG may also be used as a base district to preserve existing conditions at the time of annexation prior to development.

Permitted uses

Include but are not limited to:

Agriculture
Equestrian facility
Greenhouse / nursery
Housing-Group
Housing-Single unit
Fire house
Police station
Veterinary clinic
Agriculture-Grove / orchard / vineyard
Park & open space

Property details

Interior

Virtual Tour

Exterior

Property Information
Property Type: Farm
Property Sub Type: Farm
Raw Mls Property Sub Type: Farm

Land Information
Cultivated Area: 23.79

Lot Information
Lot Features: Level
Road Surface Type: Paved
Lot Size : 41.81
Lot Size Dimensions: 41.81
Lot Size Area: 41.81
Lot Size Units: Acres
Lot Size Acres: 41.81
Zoning Description: Ag

Financial

Tax Information
Tax Annual Amount: $1,358

Location

Location Information
Directions: From Cedar Rapids—Intersection of Hwy 100 & Covington Rd.: 2 miles southeast on Covington Rd. and ¾ mile west on Ellis Rd. The property is on the north side of the road.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Ranch
Year Built: —
Year Renovated: —
County: Linn County
APN: 131522600300000 & 131525100300000

Home facts updated by county records on Nov 27, 2025

Other

Listing Information
List AOR: CedarRapidsAreaAssociationOfRealtors

Around this home

Schools

Jackson Elementary School

Public PreK-5 • Assigned • 2.8mi

6/10

Taft Middle School

Public 6-8 • Assigned • 2.2mi

7/10

John F Kennedy High School

Public 9-12 • Assigned • 5.0mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Palo, IA • 52324

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.1 hours in June and 4 hours in December, which is comparable to the U.S. average for solar exposure.

10.1 hrs

4 hrs

JuneDecember

Provided by Shadowmap

Sell confidently with a local market expert in Palo. 3 minutes to get started.

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New listings for sale in 52324

3D WALKTHROUGH

$410,000

5 beds3 baths2,850 sq ft

1480 Cedar Bend Dr Bnd, Palo, IA 52324

$250,000

3 beds2 baths1,100 sq ft

100 Clinton St St, Palo, IA 52324

OPEN SEP 12, 10:30AM TO 12PM

$408,000

5 beds3 baths2,610 sq ft

2786 Creekview Trl, Palo, IA 52324

Home values near Ellis Rd

Data from public records.

Address	Redfin Estimate
7502 Country Brook Drive Northwest, Cedar Rapids, IA 4 Beds \| 3 Baths \| 2268 Sq. Ft.	$424,181
7502 Country Brook Drive Northwest, Palo, IA 4 Beds \| - Baths \| 2213 Sq. Ft.	$344,291

Address	Redfin Estimate
2507 Prairie Knoll Court Northwest, Palo, IA 5 Beds \| 3 Baths \| 2770 Sq. Ft.	$628,996
7418 Country Brook Drive Northwest, Palo, IA 4 Beds \| 3 Baths \| 2519 Sq. Ft.	$517,752

Address	Redfin Estimate
7512 Country Brook Drive Northwest, Palo, IA 4 Beds \| 2 Baths \| 2452 Sq. Ft.	$497,357
7507 Country Brook Drive Northwest, Palo, IA 2 Beds \| - Baths \| 1426 Sq. Ft.	$367,794

Property information provided by CRAAR, CDRMLS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 52324, IA

Sale history for Ellis Rd

Public record

Property details

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 52324

Home values near Ellis Rd

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