381 Trace Way
Polk City, IA 50226
4 bd 4 ba 2,035 sqft Built 2019 Lot 3,354 sqft townhomes
Most recent sale
$340,000
Dec 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 8, 2022 | Sold | $340,000 | DesMoines |
| Oct 24, 2022 | Price changed | $349,999 | DesMoines |
| Oct 17, 2022 | Price changed | $350,000 | DesMoines |
| Oct 7, 2022 | Listed | $380,000 | DesMoines |
| Jul 30, 2021 | Sold | $315,000 | DesMoines |
| Sep 12, 2020 | Listing removed | — | DesMoines |
| Aug 31, 2020 | Relisted | $292,990 | DesMoines |
| Aug 24, 2020 | Listing removed | — | DesMoines |
| Aug 26, 2019 | Listed | $289,990 | DesMoines |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $325,700 | $49,500 | $375,200 | $6,204 |
| 2023 | $284,800 | $42,500 | $327,300 | $6,652 |
| 2022 | $269,600 | $41,900 | $311,500 | $6,202 |
| 2020 | $22,000 | $31,700 | $53,700 | $1,336 |
| 2019 | — | $60,880 | $60,880 | $1,384 |
| 2018 | — | $60,880 | $60,880 | $1,370 |
| 2017 | — | $60,880 | $60,880 | $1,344 |
| 2016 | — | $60,880 | $60,880 | $1,318 |
| 2015 | — | $60,880 | $60,880 | $1,356 |
Property facts
Year built
2019
Property type
townhomes
Stories
2
Beds
4
Baths
4
Living area
2,035 sqft
Lot size
3,354 sqft
ZIP code
50226
City
Polk City
Street
Trace Way
Coordinates
41.78249, -93.71139
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,053
Gross rental yield
10.78%
Implied cap rate
7.00%
Trend-extrapolated value
—
Frequently asked questions
When did 381 Trace Way last sell?
381 Trace Way most recently sold on Dec 8, 2022 for $340,000.
What is the current tax assessment for 381 Trace Way?
The most recent total assessment for 381 Trace Way (year 2025) is $375,200 with $6,204 in property tax.
How does 381 Trace Way's assessment compare to its last sale price?
The current assessment is 10.4% above the last sale price of $340,000.
When was 381 Trace Way built?
381 Trace Way was built in 2019.
How does 381 Trace Way compare to others on Trace Way?
We track 8 other properties on Trace Way. Browse the list under "Other properties on Trace Way" to compare beds, baths, and sale history.
What are the property facts for 381 Trace Way?
381 Trace Way is a 4 bed, 4 bath, 2,035 sqft, 3,354 sqft lot townhomes.
Is 381 Trace Way a flip candidate?
No — 381 Trace Way does not appear in our flips dataset.
Is 381 Trace Way a tax-appeal candidate?
No — 381 Trace Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.3%
Implied 1-yr
-5.2%
2026 Q3
$382K
2026 Q4
$376.6K
ZIP 50226 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Trace Way