See Home Value
$1,595,000 Last Listed Price
House - Off Market

515 Terrace Drive

Houston, TX 77007
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3624 Sqft
$7,832
Estimated Monthly
$0
HOA / Fees

About This Property

WALK TO MEMORIAL PARK - Rare opportunity to be in this terrific neighborhood under $2,000,000! Updated home with 3/4 Bedrooms, 3/1 Baths, large living area, study, sparkling heated POOL, great lot, covered patio as well as uncovered game deck, driveway gate & 2 car garage.  2nd BR measurement is the spacious finished flex area over the garage & has space for work, sleep & play and is included in the total SF listed. Beautiful window walls take full advantage of the calming blue pool waters from both the Living area & kitchen/breakfast areas. Stainless appliances w/2023 Refrigerator. Spacious Owners' Suite (21x 15) w/sitting area, 12 x 10 walk in closet & light filled Owners' Bath w/separate tub & shower. Loft area is a great computer space & is just outside the  Bedrooms. Yard space great for pets or play. Wonderful location on a quiet street. Complete new stucco in 2014, recent stucco inspections w/repairs complete. Ready for move in!  Easy commute to downtown and Galleria.
Unit Size
3,624Ft²
Days on Market
210 days
Land Size
0.17 acres
Price per sqft
$440
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1984
Last updated: 29 days ago (HAR #4787499)

Price History

Date / Event Date Event Price
Apr 2, 2024 Sold $1,328,000 - $1,622,000
Sold
Mar 2, 2024 In contract -
In contract
Jan 17, 2024 Price Decreased $1,595,000
↓ $50K (3%)
Price Decreased
Jan 3, 2024 Price Decreased $1,645,000
↓ $50K (3%)
Price Decreased
Sep 5, 2023 Listed by BICE & Associates $1,695,000
Listed by BICE & Associates

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Traditional
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 3,388
  • Gross Building Area: 3,388
  • Building Area: 3,388
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,388
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GLEN COVE SEC 3
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: LT 4 BLK 5 GLEN COVE SEC 3

Ownership

  • Current Owner : SCHWARTZ - PEREZ FAMILY TRUST
  • Current Owner 2: SCHWARTZ
  • Previous Owner : JACOBSON AARON
  • Previous Owner 2: PRIETO CECILIA
  • Owner Before Previous Owner: BICE & ASSN 401 K PLAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Houston Independent School District
  • School Tax School District: HOUSTON ISD
  • Census Tract: 510802

Geography

  • Assessors Map Reference: 5257B
  • Account Number: 0690420090004
  • District: 061
  • Parcel: 069-042-009-0004
  • Block: 5
  • Lot: 4
  • Municipality: CITY OF HOUSTON
  • Latitude: 29.7693
  • Longitude: -95.4246

    Address

  • Full Address: 515 Terrace Dr
  • Address - House Number: 515
  • Address - Street Name: Terrace
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Houston
  • Carrier Code: C011
  • 4-Digit Zip Code: 5070
  • Zip Code: 77007

Valuation

    Tax

  • Total Area: 3,551
  • Tax Year: 2022
  • Tax Amount: $19,544
  • Tax Rate Code Area: 061

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 1,437,513
  • High Value: 1,680,753
  • Low Value: 1,194,274

    Market Valuation

  • Market Total Value: $1,137,326
  • Market Land Value: $681,345
  • Market Improvement Value: $455,981

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,137,326
  • Assessed Land Value: $681,345
  • Assessed Improvements Value: $455,981

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 02, 2024
  • Current Sale Recording Date: Apr 04, 2024
  • Current Sale Transaction ID: 11923690937
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 119427
  • Previous Sale Recording Date: Nov 26, 2014
  • Previous Sale Contract Date: Nov 19, 2014
  • Previous Sale Amount: $968,800
  • Previous Sale Document Type: Vendor's Lien

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 26, 2014
  • Previous Mortgage Loan Amount: $775,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2044



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
5 Baths
4,141 ft²
$1,525,000 Mar 2, 2020
$1,373,000 - $1,677,000 Jul 16, 2020
$3,203/mo
House
4 Beds
4 Baths
3,940 ft²
$1,245,500 Oct 11, 2018
$1,121,000 - $1,369,000 Apr 15, 2019
-
House
4 Beds
4 Baths
4,147 ft²
$1,445,546 May 13, 2020
$1,301,000 - $1,589,000 Nov 20, 2020
-
House
4 Beds
5 Baths
4,165 ft²
$1,650,000 Apr 1, 2021
$1,485,000 - $1,815,000 May 24, 2021
$2,864/mo
House
4 Beds
5 Baths
4,399 ft²
$1,532,000 Feb 8, 2020
$1,379,000 - $1,685,000 Jul 20, 2020
-
House
4 Beds
5 Baths
5,192 ft²
$1,603,100 Jan 3, 2019
$1,443,000 - $1,763,000 Apr 5, 2019
$4,000/mo
House
4 Beds
4 Baths
3,741 ft²
$397/ft²
$1,485,900 Dec 29, 2023
-
$1,101/mo
House
4 Beds
4 Baths
3,741 ft²
$389/ft²
$1,455,900 Dec 29, 2023
-
$1,101/mo
House
4 Beds
5 Baths
3,906 ft²
$383/ft²
$1,495,000 Apr 5, 2024
-
-
House
4 Beds
4 Baths
3,690 ft²
$515/ft²
$1,899,000 Mar 15, 2024
-
$2,443/mo
House
4 Beds
5 Baths
3,392 ft²
$383/ft²
$1,300,000 Feb 28, 2024
-
$624/mo
House
4 Beds
5 Baths
3,392 ft²
$383/ft²
$1,300,000 Feb 28, 2024
-
$624/mo

About Central Houston


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Frequently Asked Questions

When was property at 515 Terrace Drive built and last sold?
The property at 515 Terrace Drive was built in 1984 and last sold on Apr 2, 2024 for $0.
How much is this home worth?
The estimated value of the home located at 515 Terrace Drive is $1,687,647.
What are some comparable homes to 515 Terrace Drive?
Homes that are comparable to 515 Terrace Drive include a house property at 514 Malone Street, 512 Malone Street, 703 Malone Street.

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