3308 Terrace Avenue

Local assessors in Midland, TX have categorized 3308 Terrace Avenue as a type of property. The home was built in 1963 and is 63 years old. The property's lot size has been calculated to be 8,712 square feet. As for the restroom situation, there are 2 full bathrooms. If we look only at the heated or air conditioned part of the building, then 3308 Terrace Avenue has a total of 1,510 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 418 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3308 Terrace Avenue sold most recently in Sep 25, 2018 for a total of $243,800. If you work out the math, that's approximately a cost of $161.46 per sqft. Before that, the property was also sold for $150,000 in Mar 17, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $348,729 in taxes each year. 3308 Terrace Avenue was most recently assessed in 2019. During this assessment, the property's total value was estimated to be about $230,870. If we break it down further, the land itself was valued at $19,560. Improvements to the property, however, were assessed at a total of $211,310. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.