Large Location Icon

3240 Terrace Dr; Des Moines, IA Property Details

3240 Terrace Dr, Des Moines, IA is a Single Family that was built in 1925. This property is currently a cash purchase and is not for sale. Our records show that 3240 Terrace Dr has 5 bedrooms, and 3 bathrooms, and a total of 3,562 square feet. The lot size of 3240 Terrace Dr is 31,806 square feet.

Off market
3240 Terrace Dr Des Moines, IA 50312
$699,000 Listing Price
5 Beds
3 Baths
3,562 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1925
  • Purchase Price: $550,000
  • Est. Equity / %: $1,241,000 / 100%
  • Gross Yield: 1.349%
  • APN: 090/04271-000-000
  • Situs County: Polk
  • Length Of Ownership: 8 years

Rooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Total Rooms: 9
  • Partial Bathrooms: 2

Structure

  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Very Good
  • Roof Type: Gable
  • Roof Cover Type: Slate
  • Sewer Type: Yes
  • Water Source: Municipal

Measurements

  • Total: 3,562/SqFt
  • Lot: 31,806/SqFt
  • Gross: 6,633/SqFt
  • Garage: 476/SqFt
  • Living: 3,562/SqFt
  • Basement: 1,764/SqFt
  • Building: 6,413/SqFt
  • Ground: 1,798/SqFt
  • Price Per Square Foot: $154.41

Legal Description

  • Description: LOTS 1 & 2 BLK I LINCOLN PLACE REPLAT
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Des Moines Independent Community School District
  • Lat / Lon: 41.578022 / -93.66165
  • Subdivision: Lincoln Place Replat
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4537
  • Bathroom Fixtures: 1
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

3240 Terrace Dr has no associated ownership info
3240 Terrace Dr has no associated ownership info.

Taxes

3240 Terrace Dr has 10 associated Taxes items

3240 Terrace Dr, Des Moines, IA pays taxes in Polk County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,063,800. The APN we've located for 3240 Terrace Dr is 090/04271-000-000.

Unlock the full report
Taxes
  • Assessed Value:  $1,063,800
  • Assessed Year:  2025
  • Assessed County:  Polk
  • APN:  090/04271-000-000
  • Assessed Land Value:  177000
  • Market Land Value:  177000
  • Tax Amount:  18402
  • Tax Year:  2024
  • Market Value:  1063800
  • Market Year:  2025

Tax History

3240 Terrace Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,063,800 Land Value $177,000 Improvement Value $886,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $945,900 Land Value $157,000 Improvement Value $788,900 Tax Amount $18,402 Change Rate +0.008218% Assessed CR Tax Rate +0.019454%
Year 2023 Assessed Value $945,900 Land Value $157,000 Improvement Value $788,900 Tax Amount $18,252 Change Rate Assessed CR Tax Rate +0.019296%
Year 2022 Assessed Value $783,300 Land Value $135,600 Improvement Value $647,700 Tax Amount $18,252 Change Rate +0.034929% Assessed CR Tax Rate +0.023301%
Year 2021 Assessed Value $783,300 Land Value $135,600 Improvement Value $647,700 Tax Amount $17,636 Change Rate -0.037126% Assessed CR Tax Rate +0.022515%
Year 2020 Assessed Value $715,300 Land Value $124,700 Improvement Value $590,600 Tax Amount $18,316 Change Rate +0.095717% Assessed CR Tax Rate +0.025606%
Year 2019 Assessed Value $715,300 Land Value $124,700 Improvement Value $590,600 Tax Amount $16,716 Change Rate +0.010641% Assessed CR Tax Rate +0.023369%
Year 2018 Assessed Value $630,500 Land Value $110,700 Improvement Value $519,800 Tax Amount $16,540 Change Rate Assessed CR Tax Rate +0.026233%
Year 2017 Assessed Value $630,500 Land Value $110,700 Improvement Value $519,800 Tax Amount $16,540 Change Rate +0.124558% Assessed CR Tax Rate +0.026233%
Year 2016 Assessed Value $552,300 Land Value $96,600 Improvement Value $455,700 Tax Amount $14,708 Change Rate +0.026808% Assessed CR Tax Rate +0.02663%
Year 2015 Assessed Value $552,300 Land Value $96,600 Improvement Value $455,700 Tax Amount $14,324 Change Rate Assessed CR Tax Rate +0.025935%
Year 2014 Assessed Value $546,400 Land Value $95,400 Improvement Value $451,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $13,762 Change Rate Assessed CR Tax Rate