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2512 Terrace Avenue

2512 Terrace Avenue, Midland, TX 79705
Local assessors in Midland, TX have categorized 2512 Terrace Avenue as a type of property. The home was built in 1960 and is 66 years old. The property's lot size has been calculated to be 11,761 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2512 Terrace Avenue has a total of 1,876 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. The garage on the property is 462 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2512 Terrace Avenue was last sold in Jul 24, 2018 for $229,900. According to our calculations, that's $122.55 per sqft. Prior to that sales transaction, the property was sold for $130,000 in Mar 10, 2006. Current property owners are expected to pay $232,632 in taxes per year. The property on 2512 Terrace Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $227,620. To break that down further, the land itself was valued at $26,500. While improvements to the property were assessed at a total of $201,120. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Venner Exterior

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240618
06/18/2024
3 Bed
2 Bath
1876 ft²
$375,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1876 ft²
-
-
Danny Norwood
Legacy Real Estate Brokerage
20210415
04/15/2021
3 Bed
2 Bath
1876 ft²
$349,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1876 ft²
-
-
-


Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,876
  • Building Area: 1,876
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,876
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FANNIN TERRACE
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ACRES: 0.270 BLK: 004 LOTS: 6(W4) & 7(ALL) ADDN: FANNIN TERRACE SEC4

Neighborhood

  • School District Name: Midland Independent School District
  • Census Tract: 000303

Zoning

  • Zoning: 1F1

Geography

  • Assessors Map Reference: MAP M36C
  • Parcel: R000019991
  • Block: 4
  • Lot: 6
  • Municipality: CITY OF MIDLAND
  • Latitude: 32.0165
  • Longitude: -102.112

    Address

  • Full Address: 2512 Terrace Ave
  • Address - House Number: 2512
  • Address - Street Name: Terrace
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Midland
  • Carrier Code: C055
  • 4-Digit Zip Code: 7324
  • Zip Code: 79705

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $232,632
  • Tax Rate Code Area: CTM, HOS,

    Appraisal Valuation

  • Standard Deviation: 0.2178
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 70
  • Final Value: 317,398
  • High Value: 386,554
  • Low Value: 248,241

    Market Valuation

  • Market Total Value: $227,620
  • Market Land Value: $26,500
  • Market Improvement Value: $201,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,620
  • Assessed Land Value: $26,500
  • Assessed Improvements Value: $201,120

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 2018
  • Current Sale Recording Date: Jul 25, 2018
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2018-21278
  • Previous Sale Recording Date: Mar 13, 2006
  • Previous Sale Contract Date: Mar 10, 2006
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Fannin Terrace



Similar Buildings

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 2512 Terrace Avenue located in?
The 2512 Terrace Avenue is a house located in the neighborhood of Fannin Terrace in Fannin Terrace, Midland.
What is the average sales price for listings in 2512 Terrace Avenue?
The average sales price for units in 2512 Terrace Avenue is $0 currently.