NOT LISTED FOR SALE

7027 Terrace Ridge Katy, TX 77494

Southwest Cinco Ranch Neighborhood

Estimated Value: $616,631 - $618,000

4 Beds
3.5 Baths
2,991 Sq Ft
$206/Sq Ft Est. Value

Last Sold August 24, 2023

Current estimated payment $4,293/month

43 Days on Market

Highlights

  • Gunite Pool
  • Deck
  • Engineered Wood Flooring
  • Bonnie Holland Elementary School Rated A
  • Traditional Architecture
  • 2-minute walk to Hickory Creek Park

About This Home

As of August 2023

Truly impressive Seven Meadows home full of upgrades & updates! With its stone exterior, charming porch, beautiful landscaping, it definitely has great curb appeal. The interior boasts high ceilings with crown molding, spacious home office, dining room, large family room with gas log fireplace & amazing views. Family room opens to kitchen/breakfast area with serving bar. Sellers built walk-in pantry, loads of cabinet storage in kitchen, new Bosch dishwasher, new refrigerator is negotiable. Gas available in island. Outside has perfect OUTDOOR KITCHEN, Sandstone countertops, extended covered patio, large pool/spa, gorgeous landscaping & storage shed. Primary bedroom w/wall of windows, updated bath - round tub, shower & double sink vanity. Primary closet is extended to his & hers. Laundry room has added storage! Upstairs is 3 large bedrooms, 2 full baths, gameroom & BONUS TEXAS BASEMENT. With its location zoned to Katy's best schools & great access to amenities, this home has it all!

Last Agent to Sell the Property

Tena Wood

RE/MAX Grand License #0677248 Listed on: 06/02/2023

RE/MAX Grand

Last Buyer's Agent

John Daughenbaugh

Redfin Corporation License #0805287

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,843

Year Built

  • Built in 2002

Lot Details

  • 10,602 Sq Ft Lot
  • East Facing Home
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,991 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Game Room
  • Utility Room
  • Washer and Gas Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Self-Closing Drawers
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Double Vanity
  • Single Vanity
  • Bathtub with Shower

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat
  • Ventilation

Pool

  • Gunite Pool
  • Spa

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Shed

Schools

  • Holland Elementary School
  • Beckendorff Junior High School
  • Seven Lakes High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat

Community Details

Overview

  • Association fees include clubhouse, ground maintenance, recreation facilities
  • Seven Meadows HOA (Pmg) Association, Phone Number (713) 329-7100
  • Built by David Weekly
  • Seven Meadows Sec 1 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,843

Year Built

Built in 2002

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 2002
  • Lot Size Acres: 0.2434
  • Road Surface Type: Asphalt
  • Ownership: Full Ownership
  • Subdivision Name: Seven Meadows Sec 1
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: HVAC, Insulation, Thermostat
  • UniversalParcelId: urn:reso:upi:2.0:US:48157:6780-01-005-0040-914
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Convection Oven, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Other Equipment: Reverse Osmosis System
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Engineered Hardwood, Tile
  • Interior Amenities: Breakfast Bar, Crown Molding, Double Vanity, High Ceilings, Hot Tub/Spa, Kitchen Island, Kitchen/Family Room Combo, Bath in Primary Bedroom, Self-closing Drawers, Solid Surface Counters, Tub Shower, Vanity, Walk-In Pantry, Wired for Sound, Window Treatments, Ceiling Fan(s), Kitchen/Dining Combo, Programmable Thermostat
  • Living Area: 2991.0
  • Dining Room Type: Breakfast Room/Nook, Dining Room, Family Room, Game Room, Kitchen, Office, Utility Room, Half Bath
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Builder Name: David Weekly
  • Disclosures: Municipal Utility District Disclosure, Seller Disclosure
  • Roof: Composition
  • Fencing: Back Yard
  • Lot Features: Subdivision
  • Pool Features: Gunite
  • Pool Private: Yes
  • Construction Type: Brick, Stone, Wood Siding
  • Direction Faces: East
  • Exterior Features: Covered Patio, Deck, Fence, Hot Tub/Spa, Sprinkler/Irrigation, Outdoor Kitchen, Patio, Private Yard, Storage
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Prewired, Security System Owned, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association Name: Seven Meadows HOA (PMG)
  • Phone: 713-329-7100
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Maintenance Grounds, Recreation Facilities

Schools

  • Elementary School: HOLLAND ELEMENTARY SCHOOL (KATY)
  • Junior High Dist: 30 - Katy
  • High School: SEVEN LAKES HIGH SCHOOL
  • Middle Or Junior School: BECKENDORFF JUNIOR HIGH SCHOOL

Green Features

  • Green Indoor Air Qlty: Ventilation

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10843.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Aug 24, 2023
Sold by
Hansen Morten Hagland and Hansen Belinda
Bought by
Daughenbaugh John and Daughenbaugh Juliana
Seller's Agent
Tena Wood
RE/MAX Grand
Buyer's Agent
John Daughenbaugh
Redfin Corporation
List Price
$640,000
Views
81
Current Estimated Value
$617,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.50%
Original Mortgage
$610,000
Outstanding Balance
$583,286
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$34,122

Purchase Details

Closed on
Sep 29, 2003
Sold by
Weekley Homes Lp
Bought by
Hansen Morten H and Klovning Belinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,200
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Daughenbaugh John -- Alamo Title Company
Hansen Morten H -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daughenbaugh John $610,000
Previous Owner Hansen Morten H $211,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold -- -- --
07/16/2023 07/16/23 Pending -- -- --
07/06/2023 07/06/23 Price Changed $620,000 -3.1% $207 / Sq Ft
06/14/2023 06/14/23 For Sale $640,000 0.0% $214 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $640,000 -- $214 / Sq Ft
Source: Houston Association of REALTORS®

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 $11,844 $629,968 $89,700 $540,268
2024 $11,844 $616,180 $89,700 $526,480
2023 $11,951 $538,574 $69,000 $469,574
2022 $10,843 $443,850 $69,000 $374,850
2021 $8,664 $344,560 $69,000 $275,560
2020 $8,720 $341,710 $57,500 $284,210
2019 $9,284 $345,060 $57,500 $287,560
2018 $9,216 $341,900 $57,500 $284,400
2017 $9,349 $344,910 $57,500 $287,410
2016 $9,363 $345,420 $57,500 $287,920
2015 $7,368 $350,400 $57,500 $292,900
2014 $6,253 $296,170 $57,500 $238,670
Source: Public Records

Agents Affiliated with this Home

  • Tena Wood

    Seller's Agent in 2023

    Tena Wood

    RE/MAX

    (281) 773-6974

    7 in this area

    65 Total Sales

    Tena Wood
    Section Image

  • J

    Buyer's Agent in 2023

    John Daughenbaugh

    Redfin Corporation

    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 941504

Houston Association of REALTORS®

APN: 6780-01-005-0040-914

Texas Fort Bend County Katy 77494 Southwest Cinco Ranch

7027 Terrace Ridge, Katy, TX

Not Listed for Sale

Detached

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