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For sale by owner
  • Price cut: $10K (8/29)
    $615,000

    31504 Terrace Ave, Missouri Valley, IA 51555

    4beds
    2,500sqft
    : 
    $4,341/mo
    Get pre-qualified
    SingleFamily
    Built in 1945
    9.99 Acres Lot
    $-- Zestimate®
    $246/sqft
    $-- HOA

    What's special

    Expansive wraparound covered deckEnergy-efficient triple-pane windowsApple treePeach tree
    Experience the perfect blend of country living and modern comfort with this inviting 4-bedroom home situated on 9.99 picturesque acres. Approximately 7 acres are fully fenced pasture, offering endless possibilities for horses, livestock, hobby farming, or simply enjoying wide-open spaces. Relax and take in the peaceful surroundings from the expansive wraparound covered deck, complete with ceiling fans for year-round comfort. The property also features an apple tree along with peach tree that is still growing, adding charm and seasonal enjoyment to your outdoor living. Designed with efficiency and comfort in mind, the home features energy-efficient triple-pane windows and received a new roof and siding in 2016. Inside, you'll find several thoughtful upgrades and amenities that enhance both style and functionality, making this home ready for its next owners. Offering additional peace of mind, the sewer system has been inspected and pumped, termite inspection, well water has been tested, and inspections of both HVAC systems have all been completed with passing results. Documentation and paid invoices are available. House has water softener and a filter system. Appliances stay with home; refrigerator, stove, microwave, dishwasher, washer and dryer as well as an extra range in the basement for extra use. Located in a desirable country setting, this property offers the privacy and tranquility of rural living while providing ample space to live, work, and play. Whether you're looking for a family home, a hobby farm, or your own private retreat, this exceptional acreage is ready to welcome you home. Located in the Loess hills between Crescent, Iowa and Missouri Valley, Iowa. You can also send an Email to clmanhart@outlook.com
    What the owner loves about this home
    Country Living at Its Best! Experience peaceful country living on this beautiful 9.99-acre property, where wildlife roams freely. Whether you're relaxing on the covered wrap around porch or entertaining family and friends, this home offers the perfect blend of modern amenities and spacious indoor and outdoor living. Approximately 7 acres of fenced pasture are planted in lush brome grass, making this property a horse lover's dream. The pasture also includes a small gathering pen, providing a great setup for horses or other livestock. Over the years, the property has created countless family memories, including winter fun with a favorite downhill sledding hill. As we prepare for retirement and transition from country acreage, we're excited for another family to enjoy everything this special property has to offer. Located just 25 minutes from Omaha, Nebraska, and Council Bluffs, Iowa, you'll enjoy the tranquility of rural living with the convenience of nearby city amenities. Come discover the space, privacy, and lifestyle you've been looking for!
    37 days
    1,654
    72
    Listed by:

    Property Owner (402) 290-7626

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Forced air, Gas, Propane / Butane
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Tile, Carpet, Hardwood
      • Basement: Partially finished
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 2,500 sqft

      Property

      Parking
      • Parking features: Garage - Detached
      Features
      • Exterior features: Composition
      Lot
      • Size: 9.99 Acres
      Details
      • Parcel number: 774317200003

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Frame
      • Foundation: Concrete Block
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1945

      Community & HOA

      Location
      • Region: Missouri Valley

      Financial & listing details

      • Price per square foot: $246/sqft
      • Tax assessed value: $468,500
      • Annual tax amount: $4,560
      • Date on market: 7/23/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,713/mo

        Price history

        DateEventPrice
        8/29/2026Price change$615,000-1.6%$246/sqft
        Source: Owner Report a problem
        8/20/2026Price change$625,000-1.6%$250/sqft
        Source: Owner Report a problem
        8/1/2026Price change$635,000-2.3%$254/sqft
        Source: Owner Report a problem
        7/23/2026Listed for sale$650,000$260/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,560 +0.4%$468,500 +20.7%
        2024$4,542 +3.5%$388,200
        2023$4,390 +1.3%$388,200 +23.2%
        2022$4,334 +4.2%$315,100
        2021$4,160 +2.1%$315,100 +10.3%
        2020$4,076 +5.7%$285,600
        2019$3,858 +5.9%$285,600 +8.9%
        2018$3,644 -3.4%$262,200 +3.5%
        2017$3,774 -0.9%$253,365
        2015$3,810 -2.6%$253,365
        2014$3,910 $253,365
        2013-- $253,365
        2012-- $253,365
        2011-- $253,365 -5%
        2010-- $266,700
        2009-- $266,700 +14.9%
        2007$2,650 +39%$232,200 +8%
        2006$1,906 +28.4%$215,000
        2005$1,484 --
        2002-- $124,300
        2001-- --
        2000$1,044 $49,213
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 51555

        Getting around

        0 / 100
        Car-Dependent
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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