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845 Trace Way

Polk City, IA 50226

2 bd 2 ba 1,271 sqft Built 2021 Lot 3,354 sqft townhomes
Most recent sale
$317,247
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $317,247 MLS #632867
Dec 22, 2021 Price changed $310,990 MLS #632867
Aug 12, 2021 Price changed $297,490 MLS #632867
Jul 6, 2021 Listed $300,990 MLS #632867
Jun 1, 2021 Relisted $43,000 MLS #616133
Oct 23, 2020 Price changed $43,000 MLS #616133
Oct 15, 2020 Listed $73,000 MLS #616133

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $289,000 $49,500 $338,500 $5,114
2023 $251,200 $42,500 $293,700 $1,686
2022 $52,100 $33,500 $85,600 $474
2020 $21,820 $21,820 $480
2019 $21,820 $21,820 $496
2018 $21,820 $21,820 $490
2017 $21,820 $21,820 $482
2016 $21,820 $21,820 $472

Property facts

Year built
2021
Property type
townhomes
Stories
Beds
2
Baths
2
Living area
1,271 sqft
Lot size
3,354 sqft
ZIP code
50226
City
Polk City
Street
Trace Way
Coordinates
41.78287, -93.71109

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,907
Gross rental yield
7.21%
Implied cap rate
4.69%
Trend-extrapolated value

Frequently asked questions

When did 845 Trace Way last sell?
845 Trace Way most recently sold on Apr 15, 2022 for $317,247.
What is the current tax assessment for 845 Trace Way?
The most recent total assessment for 845 Trace Way (year 2025) is $338,500 with $5,114 in property tax.
How does 845 Trace Way's assessment compare to its last sale price?
The current assessment is 6.7% above the last sale price of $317,247.
When was 845 Trace Way built?
845 Trace Way was built in 2021.
How does 845 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 845 Trace Way?
845 Trace Way is a 2 bed, 2 bath, 1,271 sqft, 3,354 sqft lot townhomes.
Is 845 Trace Way a flip candidate?
No — 845 Trace Way does not appear in our flips dataset.
Is 845 Trace Way a tax-appeal candidate?
No — 845 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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