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825 Trace Way

Polk City, IA 50226

2 bd 2 ba 1,263 sqft Built 2021 Lot 3,311 sqft townhomes
Most recent sale
$333,584
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2022 Sold $333,584 MLS #636873
Sep 2, 2021 Listed $300,990 MLS #636873
Jun 1, 2021 Relisted $43,000 MLS #616139
Oct 15, 2020 Listed $43,000 MLS #616139

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $324,200 $49,500 $373,700 $5,694
2023 $281,800 $42,500 $324,300 $1,878
2022 $51,900 $33,500 $85,400 $466
2020 $21,510 $21,510 $472
2019 $21,510 $21,510 $490
2018 $21,510 $21,510 $484
2017 $21,510 $21,510 $474
2016 $21,510 $21,510 $466

Property facts

Year built
2021
Property type
townhomes
Stories
Beds
2
Baths
2
Living area
1,263 sqft
Lot size
3,311 sqft
ZIP code
50226
City
Polk City
Street
Trace Way
Coordinates
41.78261, -93.71102

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,895
Gross rental yield
6.82%
Implied cap rate
4.43%
Trend-extrapolated value

Frequently asked questions

When did 825 Trace Way last sell?
825 Trace Way most recently sold on May 9, 2022 for $333,584.
What is the current tax assessment for 825 Trace Way?
The most recent total assessment for 825 Trace Way (year 2025) is $373,700 with $5,694 in property tax.
How does 825 Trace Way's assessment compare to its last sale price?
The current assessment is 12.0% above the last sale price of $333,584.
When was 825 Trace Way built?
825 Trace Way was built in 2021.
How does 825 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 825 Trace Way?
825 Trace Way is a 2 bed, 2 bath, 1,263 sqft, 3,311 sqft lot townhomes.
Is 825 Trace Way a flip candidate?
No — 825 Trace Way does not appear in our flips dataset.
Is 825 Trace Way a tax-appeal candidate?
No — 825 Trace Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.3%
Implied 1-yr
-5.2%
2026 Q3
$382K
2026 Q4
$376.6K
ZIP 50226 — Median Price History + Forecast

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