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501 Terrace Cove Way

Orlando, FL 32828

4 bd 3 ba 2,502 sqft Built 1994 Lot 8,616 sqft single_family
Most recent sale
$550,000
Aug 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 4, 2022 Sold $550,000 MLS #O6031827
Jun 17, 2022 Price changed $565,000 MLS #O6031827
Jun 6, 2022 Listed $578,000 MLS #O6031827
Sep 19, 2015 Sold $309,900 MLS #O5386628
Aug 15, 2015 Listed $309,900 MLS #O5386628
Jun 18, 2013 Sold $299,000 Public Record
Jun 12, 2013 Sold $299,000 StellarMLS
Apr 2, 2013 Listed $309,000 StellarMLS
Jan 21, 2009 Sold $230,000 Public Record
Nov 9, 1994 Sold $171,100 Public Record
Jan 5, 1994 Sold $887,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $376,943 $65,000 $441,943 $6,722
2020 $282,112 $4,123
2019 $275,769 $4,245
2018 $270,627 $4,212
2017 $265,061 $4,140
2016 $221,609 $38,000 $259,609 $4,109
2015 $211,325 $3,364
2014 $209,648 $3,411
2013 $178,474 $2,779
2012 $175,491 $2,762
2011 $170,380 $2,671
2010 $190,833 $2,936
2009 $216,706 $3,337
2008 $239,057 $3,658

Property facts

Year built
1994
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,502 sqft
Lot size
8,616 sqft
ZIP code
32828
City
Orlando
Street
Terrace Cove Way
Coordinates
28.54401, -81.19382

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,629
Gross rental yield
10.10%
Implied cap rate
6.56%
Trend-extrapolated value

Frequently asked questions

When did 501 Terrace Cove Way last sell?
501 Terrace Cove Way most recently sold on Aug 4, 2022 for $550,000.
What is the current tax assessment for 501 Terrace Cove Way?
The most recent total assessment for 501 Terrace Cove Way (year 2023) is $441,943 with $6,722 in property tax.
How does 501 Terrace Cove Way's assessment compare to its last sale price?
The current assessment is 19.6% below the last sale price of $550,000.
When was 501 Terrace Cove Way built?
501 Terrace Cove Way was built in 1994.
How does 501 Terrace Cove Way compare to others on Terrace Cove Way?
We track 5 other properties on Terrace Cove Way. Browse the list under "Other properties on Terrace Cove Way" to compare beds, baths, and sale history.
What are the property facts for 501 Terrace Cove Way?
501 Terrace Cove Way is a 4 bed, 3 bath, 2,502 sqft, 8,616 sqft lot single_family.
Is 501 Terrace Cove Way a flip candidate?
No — 501 Terrace Cove Way does not appear in our flips dataset.
Is 501 Terrace Cove Way a tax-appeal candidate?
No — 501 Terrace Cove Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.7%
Implied 1-yr
+6.8%
2026 Q3
$585.4K
2026 Q4
$594.4K
ZIP 32828 — Median Price History + Forecast

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