$244,900
SOLD JAN 8, 2025
Last list price

302 Grace Ln Terrell, TX 75160

5 Beds
4.5 Baths
4,841 Sq Ft
1.17 Acres

Recently Sold

$51 Per Sq Ft

128 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • 3 Car Attached Garage
  • 1.17 Acre Lot
  • Corner Lot
  • Central Heating and Cooling System

About This Home

As of January 2025

***2nd CHANCE TO CASH IN AT LOWER PRICE!, BUYER COULD NOT QUALIFY. RECENT COMPARABLE SALES SUGGEST AN AMAZING AFTER REPAIR VALUE ON THIS PROPERTY*** Investor's Dream Opportunity located in the heart of Terrell waiting to be transformed into a masterpiece! This historic home with its blend of old-world charm & modern amenities, is brimming with potential with 5 beds and over 4800 sq ft, nestled on over an acre of prime land on a fully fenced corner lot in desirable North Terrell offers abundant possibilities offering original craftsmanship, modern amenities & extensive outdoor features. Abundant & spacious layout including downstairs master suite with two closets, office, master bath and more. Enjoy two large living areas that provide ample space for family. Sprawling backyard ready for you to create your own private oasis with a large inground pool, cabana and plenty of room for a basketball or tennis court! Also included are 2-car detached garages.The grounds are shaded by majestic pecan & oak trees.

Last Agent to Sell the Property

Jesse Vasquez

Malone and Associates RE Brokerage Phone: 469-443-6968 License #0582176 Listed on: 08/23/2024

Last Buyer's Agent

Victoria Wiman

Allie Beth Allman & Assoc. License #0182321

Allie Beth Allman & Assoc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 1.17 Acre Lot
  • Corner Lot

Parking

  • 3 Car Attached Garage
  • Additional Parking

Home Design

  • Composition Roof

Interior Spaces

  • 4,841 Sq Ft Home
  • 2-Story Property
  • Decorative Lighting
  • Brick Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • In Ground Pool

Schools

  • Burnett Elementary School
  • Furlough Middle School
  • Wood Middle School
  • Terrell High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Terrell Rev Subdivision

Listing and Financial Details

  • Legal Lot and Block 2A / 390
  • Assessor Parcel Number 41048
  • $19,742 per year unexempt tax

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 469-443-6968
  • Special Features: None

Interior Features

  • Square Footage: 4841.00
  • Fireplace Features: Brick
  • Interior Amenities: Cable TV Available, Decorative Lighting, High Speed Internet Available
  • Flooring: Wood
  • Appliances: Other
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2
  • Room Count: 4

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Pool: Yes
  • Roof: Composition
  • Pool Features: In Ground

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Additional Parking
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Terrell ISD
  • Elementary School: Burnett
  • Intermediate School: Wood

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1 to < 3 Acres
  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Lot Size Area: 1.1700
  • Parcel Number: 41048
  • Lot Size Acres: 1.1700
  • Lot Size Sq Ft: 50965.2000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1935

Tax Info

  • Unexempt Taxes: 19742
  • TaxBlock: 390
  • Tax Lot: 2A

MLS Schools

  • Middle School Name: Furlough
  • Elementary School Name: Burnett
  • High School Name: Terrell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Jan 8, 2025
Sold by
Chavez Jose and Chavez Nora
Bought by
Shaw Builders Llc
Seller's Agent
Jesse Vasquez
Malone and Associates RE
Buyer's Agent
Victoria Wiman
Allie Beth Allman & Assoc.
List Price
$245,000
Views
299
Current Estimated Value
$291,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.86%

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 20, 2021
Sold by
Mankin David and Zeoli Michael David
Bought by
Chavez Jose and Chavez Nora
Seller's Agent
Norma Barrett
Coldwell Banker Anderson Realt
Buyer's Agent
Amber Butcher
Bradford Elite Real Estate LLC
List Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.61%
Original Mortgage
$204,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2010
Sold by
Mankin David
Bought by
Mankin David and Mankin Nancy

Purchase Details

Closed on
Jun 2, 2009
Sold by
Griffith Edward M
Bought by
Bank Of America National Association

Purchase Details

Closed on
Jul 5, 2006
Sold by
Grp Ag Reo 2004-2 Llc
Bought by
D R Horton Texas Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,900
Interest Rate
6.67%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Secured Title Of Texas Llc
Warranty Deed -- Secured Title Of Texas Llc
Vendors Lien -- Ranger Title Co
Interfamily Deed Transfer -- None Available
Trustee Deed $276,250 None Available
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $204,250 New Conventional
Previous Owner $36,900 Stand Alone Second
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2025 01/08/25 Sold -- -- --
12/30/2024 12/30/24 Pending -- -- --
11/01/2024 11/01/24 Price Changed $244,900 0.0% $51 / Sq Ft
10/22/2024 10/22/24 Price Changed $245,000 0.0% $51 / Sq Ft
10/22/2024 10/22/24 For Sale $245,000 -2.0% $51 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/21/2024 09/21/24 Price Changed $249,900 0.0% $52 / Sq Ft
09/19/2024 09/19/24 Price Changed $250,000 -5.7% $52 / Sq Ft
09/12/2024 09/12/24 Price Changed $265,000 -3.6% $55 / Sq Ft
08/23/2024 08/23/24 For Sale $275,000 +10.0% $57 / Sq Ft
08/20/2021 08/20/21 Sold -- -- -- View Prior Sale
06/29/2021 06/29/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $250,000 -- $66 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,931 $522,819 $102,714 $420,105
2024 $4,931 $210,000 $101,920 $108,080
2023 $19,742 $838,352 $101,920 $736,432
2022 $8,612 $330,000 $101,920 $228,080
2021 $12,827 $463,910 $101,920 $361,990
2020 $7,496 $461,350 $101,920 $359,430
2019 $7,619 $371,240 $50,960 $320,280
2018 $6,836 $224,060 $50,960 $173,100
2017 $6,389 $215,140 $50,960 $164,180
2016 $5,808 $190,540 $50,960 $139,580
2015 $4,718 $191,800 $50,960 $140,840
2014 $4,718 $193,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20708811

North Texas Real Estate Information Systems (NTREIS)

APN: 41048