516 E  Grace Ter, Olathe, KS 66061
Property image
Property image
OFF MARKET

516 E Grace Ter
Olathe, KS 66061

Frisco Lake
  • 3 Beds
  • 2 Baths
  • 1,288 sqft (on 0.32 acres)

$328,100

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $2,074/mo*

$328,100

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $2,074/mo*
3 Beds
2 Baths
1,288 sqft
(on 0.32 acres)

Home Value

Trulia Estimate
$328K
Since last month
Decreased$5K (-1.4%)
Since last year
Increased$11K (+3.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +126% in the last 10 years
MonthEstimated value
2026
August 2026$329K
July 2026$332K
June 2026$334K
May 2026$334K
April 2026$332K
March 2026$326K
February 2026$317K
January 2026$310K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Single-Family Home
-
11/14/25
3
2.5
1,600
0.25
Single-Family Home
-
10/17/25
3
1.5
1,140
0.18
Single-Family Home
-
05/22/26
3
1.5
1,598
0.25
Single-Family Home
-
04/16/26
3
2
1,694
0.35
Single-Family Home
-
06/05/26
3
2
1,156
0.34
Single-Family Home
-
10/22/25
3
1.5
1,202
0.12
Single-Family Home
-
09/30/25
4
2.5
1,782
0.10
Single-Family Home
-
11/14/25
3
2.5
2,041
0.34
Single-Family Home
-
01/16/26
3
1.5
1,152
0.21
Single-Family Home
-
12/30/25
2
2
952

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.06
$407,100
3
3
2,250
Off Market
0.07
$356,700
4
3
1,638
Off Market
0.08
$358,500
3
2
1,808
Off Market
0.09
$316,600
3
2
1,564
Off Market
0.10
-
3
2.5
1,600
Recently Sold
0.10
-
3
2.5
2,041
Recently Sold
0.11
-
4
2.5
2,250
Recently Sold
0.12
$351,000
4
2.5
1,782
Off Market
0.12
$396,400
4
2.5
2,468
Off Market
0.15
-
4
3.5
1,791
Recently Sold
0.17
-
4
3
2,412
Recently Sold
0.17
$439,500
3
2.5
1,968
For Sale

Local Information

  • Map ViewExplore the area around 516 E Grace Ter.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1964
Lot Size
0.32 acres
Living Area
1,288 sqft
Price/Sqft
$255
Parking
Garage

About this House

This single-family home is located at 516 E Grace Ter, Olathe, KS. 516 E Grace Ter is in the Frisco Lake neighborhood in Olathe, KS and in ZIP code 66061. This property has 3 bedrooms, 2 bathrooms and approximately 1,288 sqft of floor space. This property has a lot size of 0.32 acres and was built in 1964.
516 E Grace Ter, Olathe, KS 66061 is a 3 bedroom, 2 bathroom, 1,288 sqft single-family home in Frisco Lake, built in 1964. It last sold for $0 on Dec 13, 2021. It is currently off market. The Trulia Estimate is $328,100, with a rent estimate of $1,881/month.

Home Details for 516 E Grace Ter

Interior Features

Interior Details
BasementNumber of Rooms: 5
Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionDeckExterior: WoodFoundation Type: Concrete
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1964
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 0.32 acres

Price and Tax history

DateEventPrice
Dec 13, 2021
Source: Heartland MLS as distributed by MLS GRID #2350476
Sold
--
Nov 8, 2021
Source: Heartland MLS as distributed by MLS GRID #2350476
Pending
$249,000
Nov 2, 2021
Source: Heartland MLS as distributed by MLS GRID #2350476
PriceChange
$249,000
Price decreased by 14%
Oct 28, 2021
Source: Heartland MLS as distributed by MLS GRID #2350476
PriceChange
$289,000
Price decreased by 2%
Oct 21, 2021
Source: Heartland MLS as distributed by MLS GRID #2350476
Listed For Sale
$294,000

Market trends in Olathe

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$450K
$5K
MoM
Sale-to-List Price
100.8%
Price per sq ft
$200
$1
MoM
Available listings
343
12
MoM
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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Frisco Lake

At least 1 Trulia users voted on each feature.
  • 100 % Say it's walkable to restaurants

  • 100 % Say people would walk alone at night

  • 80 % Say it's walkable to grocery stores

  • 80 % Say kids play outside

  • 78 % Say there's holiday spirit

  • 71 % Say they plan to stay for at least 5 years

  • 67 % Say it's quiet

  • 67 % Say streets are well-lit

  • 60 % Say it's dog friendly

  • 60 % Say yards are well-kept

  • 60 % Say car is needed

  • 40 % Say parking is easy

  • 40 % Say there are sidewalks

  • 32 % Say neighbors are friendly

  • 25 % Say there are community events

  • 22 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Rebecca V.
    "It is the perfect neighborhood to raise children. They are always playing and having a wonderful time. "
  • Meljhalls
    "I work downtown and public transportation options don’t help or save time. I drive and most times it takes me 35 min - 50 min depending on traffic. "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 516 E Grace Ter

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Off Market Homes Near 516 E Grace Ter

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Frequently asked questions about 516 E Grace Ter

  • What is 516 E Grace Ter estimated to be worth?
    Trulia's estimated value for 516 E Grace Ter in Olathe, KS is $328,100.
  • What is the price history for 516 E Grace Ter?
    516 E Grace Ter in Olathe, KS last sold in December 2021.
  • Is Olathe a buyer's or seller's market?
    Olathe is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Olathe?
    The median sale price in Olathe is $450K. That is up $5K from the prior month.
  • How big is the lot at 516 E Grace Ter?
    The lot at 516 E Grace Ter in Olathe, KS is about 0.32 acres (14,089 sq ft).
  • Does 516 E Grace Ter have a garage?
    Yes, 516 E Grace Ter in Olathe, KS has a garage.