NOT LISTED FOR SALE

2040 Fernway Dr Montgomery, AL 36111

Great McGehee Estates Neighborhood

Estimated Value: $229,000 - $384,000

3 Beds
2 Baths
2,196 Sq Ft
$143/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $252,500 $115 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,783/month

74 Days on Market

Highlights

  • Mature Trees
  • Wood Flooring
  • Walk-In Closet
  • Deck
  • No HOA
  • Home Security System

About This Home

As of November 2017

Beautiful, renovated home in McGehee Estates. Every inch of this home was updated in 2010. Neutral colors throughout and tasteful décor. Open floorplan. Wonderful master suite. Stunning landscaping in the front yard and backyard. This is a must-see in Midtown!

Last Agent to Sell the Property

Sara Elizabeth Burnham

Bell & Corwin, Inc. License #0099809 Listed on: 08/14/2017

Last Buyer's Agent

Betty Cannon

RE/MAX Properties II License #0058391

RE/MAX Properties II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 1955

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 75x180
  • Property is Fully Fenced
  • Mature Trees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 2,196 Sq Ft Home
  • 1-Story Property
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Driveway Spaces
  • Parking Pad

Outdoor Features

  • Deck

Schools

  • Dannelly Elementary School
  • Brewbaker Middle School
  • Jefferson Davis High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10-08-28-2-015-008.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,280

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Design: 1 Story
  • Total Sq Ft: 2196
  • Year Built: 1955
  • New Construction: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Flooring: Carpet - Wall to Wall, Hard Tile, Wood
  • Interior Amenities: Dryer Connection, Security System, Walk In Closet(s), Washer Connection
  • Kitchen Feature: Cooktop/Oven-Gas, Dishwasher, Microwave, Refrigerator
  • Room Count: 10

Exterior Features

  • Construction: Brick, Wood Siding
  • Exterior Feature: Deck, Fence-Full, Mature Trees, Storage-Detached
  • Flood: No
  • Foundation: Slab
  • Pool: No

Garage/Parking

  • Number Of Pad Spaces: 2.00
  • Parking: Driveway, Parking Pad

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Public Sewer
  • Utilities: Cable TV Access Available
  • Water: Public
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Elementary School: Dannelly Elementary School
  • Middle School: Brewbaker Middle School
  • High School: Jefferson Davis High School

Lot Info

  • Acres: 0.380000
  • Parcel Number: 10-08-28-2-015-008.000
  • Lot Dimension: 75x180

Rental Info

  • Leased: No

MLS Schools

  • School Elementary: Dannelly Elementary School
  • School High: Jefferson Davis High School
  • School Middle: Brewbaker Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2017
Closed on
Nov 1, 2017
Sold by
Jackson James W and Jackson Maryanna
Bought by
Rhodes Spears A
Seller's Agent
Sara Elizabeth Burnham
Bell & Corwin, Inc.
Buyer's Agent
Betty Cannon
RE/MAX Properties II
List Price
$285,000
Sold Price
$252,500
Premium/Discount to List
-$32,500
-11.4%
Current Estimated Value
$314,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,068
Avg. Annual Appreciation
2.61%

Purchase Details

Closed on
Jul 6, 2010
Sold by
Earnest Hal Tyson and Earnest Meredyth K
Bought by
Jackson James W

Purchase Details

Closed on
Apr 23, 2010
Sold by
Farris Margaret D
Bought by
Earnest Hal Tyson and Earnest Meredyth K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Rhodes Spears A $252,500 None Available
Jackson James W -- None Available
Earnest Hal Tyson $87,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhodes Spears A $202,000
Previous Owner Jackson James W $212,000
Previous Owner Earnest Hal Tyson $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2017 11/01/17 Sold $252,500 -11.4% $115 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $285,000 -- $130 / Sq Ft
Source: Montgomery Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $1,280 $27,040 $7,500 $19,540
2023 $1,280 $24,210 $7,500 $16,710
2022 $752 $21,700 $7,500 $14,200
2021 $721 $20,880 $0 $0
2020 $720 $20,860 $7,500 $13,360
2019 $769 $22,190 $7,500 $14,690
2018 $763 $20,890 $10,000 $10,890
2017 $688 $39,940 $20,000 $19,940
2014 $739 $21,370 $10,000 $11,370
2013 -- $21,010 $10,000 $11,010
Source: Public Records

Agents Affiliated with this Home

  • Sara Elizabeth Burnham

    Seller's Agent in 2017

    Sara Elizabeth Burnham

    Bell & Corwin, Inc.

    (334) 462-6063

    9 in this area

    41 Total Sales

    Sara Elizabeth Burnham
    Section Image
  • Betty Cannon

    Buyer's Agent in 2017

    Betty Cannon

    RE/MAX

    (334) 224-8311

    3 in this area

    115 Total Sales

    Betty Cannon
    Section Image
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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 420087

Montgomery Area Association of REALTORS®

APN: 10-08-28-2-015-008.000

Alabama Montgomery County Montgomery 36111 Great McGehee Estates

2040 Fernway Dr, Montgomery, AL

This home is located at 2040 Fernway Dr, Montgomery, AL 36111 since 14 August 2017 and is currently estimated at $314,568, approximately $143 per square foot. This property was built in 1955. 2040 Fernway Dr is a home located in Montgomery County with nearby schools including Dannelly Elementary School, Bellingrath Junior High School, and Johnson Abernathy Graetz (JAG) High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Montgomery Area Association of REALTORS® Information is deemed reliable, but not guaranteed. Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than Ten-X are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.

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