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Sold for $574,000
  • $574,000

    531 Terrace Cove Way, Orlando, FL 32828

    4beds
    2,828sqft
    Single Family Residence
    Built in 1995
    8,666 Square Feet Lot
    $574,000 Zestimate®
    $203/sqft
    $3,166 Estimated rent

    Home value

    $574,000

    $528,000 - $620,000

    $3,166/mo

    Zestimate® history
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    $4,180/mo

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    $4,180/mo

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    What's special

    Private sanctuaryAiry second-floor loftVersatile flex roomFully remodeled ensuite bathroomSpacious and flexible layoutSunlit living spaces
    Welcome to 531 Terrace Cove Way, a beautifully maintained residence offering a spacious and flexible layout tailored for modern living. This thoughtfully designed home features 4 bedrooms, 2.5 bathrooms, a versatile flex room, and an airy second-floor loft, providing ample room for work, play, and relaxation. The primary suite is conveniently located on the first floor and showcases a fully remodeled ensuite bathroom, creating a serene retreat with fresh, contemporary finishes. Sunlit living spaces flow seamlessly throughout the main level, highlighting the home’s warm ambiance and inviting character. Step outside to your own private sanctuary, complete with a screened-in pool perfect for year-round enjoyment and effortless outdoor entertaining. The covered patio offers an ideal setting for al fresco dining or peaceful evenings by the water. Situated in a desirable East Orlando community just minutes from Waterford Lakes, top-rated schools, UCF, and major commuter routes, this home blends comfort, convenience, and resort-style living in one exceptional package. It’s ready to welcome its next owner

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Rocio Ruiz 407-927-7674,

    COLDWELL BANKER REALTY 407-647-1211

    Bought with:

    Joji Jacob, 3467690

    WEICHERT REALTORS HALLMARK PROPERTIES

    Source: Stellar MLS,MLS#: O6394084MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    Bedroom 2
    • Features: Coat Closet
    • Level: Second
    Bedroom 4
    • Features: Coat Closet
    • Level: Second
    Primary bathroom
    • Features: Linen Closet
    • Level: First
    Bathroom 3
    • Features: Coat Closet
    • Level: Second
    Bonus room
    • Features: No Closet
    • Level: First
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Loft
    • Level: Second
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), Primary Bedroom Main Floor, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Ceramic Tile, Laminate
    • Has fireplace: Yes
    • Fireplace features: Decorative
    Interior area
    • Total structure area: 3,584
    • Total interior livable area: 2,828 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Irrigation System
    • Has private pool: Yes
    • Pool features: In Ground, Screen Enclosure
    Lot
    • Size: 8,666 sqft
    • Features: Corner Lot
    Details
    • Parcel number: 262231905000850
    • Zoning: P-D
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1995

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Water Available

    Community & neighborhood

    Location
    • Region: Orlando
    • Subdivision: WATERFORD LAKES TR N24

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $112 monthly
    • Association name: Community Management Specialists, Inc
    • Association phone: 407-359-7202
    • Second association name: Waterford Lakes Community Association, Inc
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    5/20/2026Sold$574,000+9.3%$203/sqft
    Source: Stellar MLS #O6394084 Report a problem
    2/15/2023Sold$525,000-1.9%$186/sqft
    Source: Public Record Report a problem
    7/19/2022Sold$534,900+57.3%$189/sqft
    Source: Public Record Report a problem
    10/30/2018Sold$340,000-7.9%$120/sqft
    Source: Public Record Report a problem
    2/5/2018Sold$369,000+32.7%$130/sqft
    Source: Public Record Report a problem
    12/1/2016Sold$278,000$98/sqft
    Source: Public Record Report a problem
    8/31/2016Sold$278,000+26.4%$98/sqft
    Source: Agent Provided Report a problem
    4/11/2013Sold$220,000+27.6%$78/sqft
    Source: Public Record Report a problem
    5/31/1995Sold$172,400$61/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,493 -4.1%$472,569 0%
    2023$7,811 +22.4%$472,760 +30.5%
    2022$6,384 +13.3%$362,132 +10%
    2021$5,634 -1.4%$329,211 -0.8%
    2020$5,714 +0.6%$331,873 +2.1%
    2019$5,679 +36.8%$325,190 +21.8%
    2018$4,151 $266,962 -10.6%
    2017$4,151 +1.7%$298,474 +1.2%
    2016$4,080 -23.4%$294,959 +4.1%
    2015$5,329 +15%$283,322 +17.6%
    2014$4,632 +10.6%$240,853 +11.7%
    2013$4,188 +38.7%$215,702 +9.1%
    2012$3,019 +3.3%$197,658 +10%
    2011$2,924 -11.2%$179,624 -13.5%
    2010$3,291 $207,606 -12.6%
    2009-- $237,507 -19.7%
    2008$3,031 -2.6%$295,735 -12%
    2007$3,113 -5.9%$335,879 +9.3%
    2006$3,308 +1.5%$307,187 +27.3%
    2005$3,259 +4.6%$241,233 +15.7%
    2004$3,116 +0.7%$208,553 +6.2%
    2003$3,093 +2.4%$196,449 +3.2%
    2002$3,022 -0.3%$190,371 +7.5%
    2001$3,033 +2.9%$177,163 +1.6%
    2000$2,948 $174,411

    Find assessor info on the county website

    Neighborhood: Alafaya

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Waterford Elem
    • Middle: Discovery Middle
    • High: Timber Creek High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $574,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $574,000