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

531 E Grace Ter
Olathe, KS 66061

Frisco Lake
  • 4 Beds
  • 2 Baths
  • 1,381 sqft (on 0.33 acres)

$320,500

Trulia Estimate
as of Aug 18, 2026

$320,500

Trulia Estimate
as of Aug 18, 2026
4 Beds
2 Baths
1,381 sqft
(on 0.33 acres)

Home Value

Trulia Estimate
$321K
Since last month
Decreased$4K (-1.1%)
Since last year
Increased$20K (+6.5%)
Since last sale
Increased$153K (+92.1%)
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 +114% in the last 10 years
MonthEstimated value
2026
August 2026$320K
July 2026$324K
June 2026$324K
May 2026$324K
April 2026$320K
March 2026$316K
February 2026$306K
January 2026$297K
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
603 S Hamilton Cir, Olathe, KS
0.15
Single-Family Home
-
05/22/26
3
1.5
1,598
515 E Sheridan St, Olathe, KS
0.22
Single-Family Home
-
10/17/25
3
1.5
1,140
511 E Sheridan St, Olathe, KS
0.23
Single-Family Home
-
04/16/26
3
2
1,694
333 S Stevenson St, Olathe, KS
0.19
Single-Family Home
-
09/30/25
4
2.5
1,782
320 S Walker St, Olathe, KS
0.15
Single-Family Home
-
11/14/25
3
2.5
1,600
709 S Mahaffie St, Olathe, KS
0.39
Single-Family Home
-
05/29/26
4
2
1,628
324 S Stevenson St, Olathe, KS
0.18
Single-Family Home
-
12/30/25
4
2.5
2,250
309 S Stevenson St, Olathe, KS
0.25
Single-Family Home
-
09/04/25
4
2.5
2,049
735 S Hamilton St, Olathe, KS
0.30
Single-Family Home
-
06/05/26
3
2
1,156
821 E Wabash St, Olathe, KS
0.24
Single-Family Home
-
09/30/25
3
2
1,410

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
504 S Stevenson St, Olathe, KS 66061
0.06
$356,700
4
3
1,638
Off Market
505 S Stevenson St, Olathe, KS 66061
0.10
$318,200
3
2
1,564
Off Market
332 S Wabash Cir, Olathe, KS 66061
0.07
$408,400
3
3
2,250
Off Market
603 S Hamilton Cir, Olathe, KS 66061
0.15
-
3
1.5
1,598
Recently Sold
328 S Wabash Cir, Olathe, KS 66061
0.09
$358,500
3
2
1,808
Off Market
720 E Wabash St, Olathe, KS 66061
0.14
$326,900
3
2
1,339
Off Market
700 S Hamilton St, Olathe, KS 66061
0.20
$336,000
4
3
1,860
Off Market
321 S Wabash Cir, Olathe, KS 66061
0.14
-
3
2.5
2,041
Recently Sold
320 S Walker St, Olathe, KS 66061
0.15
-
3
2.5
1,600
Recently Sold
515 E Sheridan St, Olathe, KS 66061
0.22
$277,700
3
1.5
1,140
Off Market
4419 S Lane St, Olathe, KS 66061
0.18
$344,800
6
3.5
3,066
Off Market
511 E Sheridan St, Olathe, KS 66061
0.23
-
3
2
1,694
Recently Sold

Local Information

  • Map ViewExplore the area around 531 E Grace Ter.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1967
Lot Size
0.33 acres
Living Area
1,381 sqft
Price/Sqft
$232
Parking
Garage

About this House

This single-family home is located at 531 E Grace Ter, Olathe, KS. 531 E Grace Ter is in the Frisco Lake neighborhood in Olathe, KS and in ZIP code 66061. This property has 4 bedrooms, 2 bathrooms and approximately 1,381 sqft of floor space. This property has a lot size of 0.33 acres and was built in 1967.
531 E Grace Ter, Olathe, KS 66061 is a 4 bedroom, 2 bathroom, 1,381 sqft single-family home in Frisco Lake, built in 1967. It last sold for $166,500 on Aug 15, 2019. It is currently off market. The Trulia Estimate is $320,500, with a rent estimate of $2,213/month.

Home Details for 531 E Grace Ter

Interior Features

Interior Details
BasementNumber of Rooms: 7Types of Rooms: Family RoomCeiling Fan
Heating & Cooling
Heating: Forced Air, ElectricAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: VinylFoundation Type: Concrete
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1967Year Updated: 1987
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.33 acres

Price and Tax history

DateEventPrice
Aug 15, 2019
Source: Heartland MLS as distributed by MLS GRID #45001_2175320
Sold
--
Jul 20, 2019
Source: Agent Provided
Pending
$162,500
Jul 19, 2019
Source: Agent Provided
Listed For Sale
$162,500
Apr 12, 2014
Source: N/A
Sold
--
Feb 19, 2014
Source: Agent Provided
Listed For Sale
$113,000

Market trends in Olathe

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

Neighborhood Overview

Frisco Lake
See Local Highlights
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. "
    3
    Flag
  • 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. "
    3
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

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Explore by feature - Pet Friendly

107 pet-friendly rentals in Olathe, KS

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Outdoor Space

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Homes for sale near 531 E Grace Ter

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Off Market Homes Near 531 E Grace Ter

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Frequently asked questions about 531 E Grace Ter

  • What is 531 E Grace Ter estimated to be worth?
    Trulia's estimated value for 531 E Grace Ter in Olathe, KS is $320,500.
  • What is the price history for 531 E Grace Ter?
    531 E Grace Ter in Olathe, KS last sold in August 2019.
  • 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.
  • Does 531 E Grace Ter have air conditioning?
    Yes, 531 E Grace Ter in Olathe, KS has air conditioning.
  • How big is the lot at 531 E Grace Ter?
    The lot at 531 E Grace Ter in Olathe, KS is about 0.33 acres (14,374 sq ft).