Brad Cole

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317 Terrace Lane DrMontezuma, IA 50171

Single Family · 5 Beds · 2 Full Baths · 2,016 Sq. ft. | 3.56 Acres
$315,000 Active

317 Terrace Lane Dr Overview

Time on Site:
33 days
Visits:
9

Spacious Ranch on 3.5 Scenic Acres in Montezuma, 317 & 319 Terrace Ln Enjoy the perfect blend of comfort, space, and nature with this beautifully maintained ranch home situated on 3.5 sprawling acres in the heart of Montezuma, Iowa. With over 2,000 square feet of finished living space, this home offers an open-concept layout designed for both everyday living and entertaining. The main level features three bedrooms and one full bathroom, while the finished lower level adds two additional bedrooms with egress windows and ¾ bathroom, providing plenty of room for family, guests, or a home office setup. Recent improvements include a brand-new steel roof, all new carpet, new chest freezer in garage and a new refrigerator, giving buyers peace of mind and modern updates. Step outside and you’ll fall in love with the park-like backyard, a peaceful retreat where you can relax on the covered deck and enjoy the sights and sounds of nature. The property’s back acreage backs directly to West Side Park, offering added privacy and beautiful green space views. Need extra storage or workspace? The 30 x 23 pole barn is perfect for equipment, hobbies, or a workshop. The heated two-stall attached garage adds everyday convenience and is handicap accessible to the home, making this property both practical and accommodating. This rare in-town acreage property offers space, updates, and a serene setting — all in one incredible package.

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317 Terrace Lane Dr Facts & Features

  • Type Single Family
  • Sq. ft. 2,016
  • Price/Sq.ft. $156
  • Lot 3.56 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Montezuma
  • Middle Or Junior School: Montezuma
  • High School: Montezuma

Building Information

  • New Construction: false
  • Year Built: 1975

Location/Region

  • County Or Parish: Poweshiek
  • MLS Area Major: OT-W (West of I-380)
  • Postal City: Montezuma

Tax Information

  • Tax Annual Amount: 3092.0
  • Tax Assessed Value: 267630

General Information

  • Listing Terms: Cash,Contract
  • Parcel Number: 1457100 & 1458300
  • Pets Allowed: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: true

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 5

Building Interior

  • Above Grade Finished Area: 1152.0
  • Below Grade Finished Area: 864.0

General Information

  • Appliances: Dryer,Dishwasher,Electric Water Heater,Disposal,Microwave,Range,Refrigerator,Washer
  • Building Features: Handicap Access
  • Foundation Details: Poured
  • Interior Features: Breakfast Bar,Kitchen/Dining Combo,Bath in Primary Bedroom,Main Level Primary
  • Living Area: 2016.0
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Attached,Garage,Guest,Heated Garage,Garage Door Opener

Lot Information

  • Lot Features: Acreage,City Lot
  • Lot Size Acres: 3.56
  • Lot Size Area: 3.56
  • Lot Size Dimensions: 155,099sf
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Ranch
  • Construction Materials: Aluminum Siding,Frame
  • Patio And Porch Features: Deck

General Information

  • Exterior Features: Fence
  • Other Structures: Outbuilding
  • Sewer: Public Sewer

Room Information

  • Level: First

317 Terrace Lane Dr Neighborhood

Community

50171 (Montezuma) Demographics

47
Median Age
24
Population Density (per sq. mile)
29%
College Educated
$51,915
Estimated Median Income
787
Estimated Total Home Owners
368
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

317 Terrace Lane Dr Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

317 Terrace Lane Dr Market Data

Based on the last 30 days in this zip code

$462,676
Average List Price
$269
Average Price per Square Foot
4
Properties Sold
103
Average Days on Market
59
Properties for Sale
Calculations provided by Reliance Network

317 Terrace Lane Dr History

Date Event Value Agent
6/8/2026Source: Cedar Rapids Area MLS Price Reduction
$315,000 -2.2%
5/27/2026Source: Cedar Rapids Area MLS Added to Database
May 27, 2026
Listing provided courtesy of Realty87- MLS# 2603676MLS Provider