NOT LISTED FOR SALE

408 Fern Terrace NW Madison, AL 35757

Monrovia Neighborhood

Estimated Value: $387,636 - $407,000

4 Beds
3 Baths
2,310 Sq Ft
$170/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $202,790 $88 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,293/month

Highlights

  • Home Under Construction
  • ENERGY STAR Certified Homes
  • Double Oven
  • Open Floorplan
  • Home Energy Rating Service (HERS) Rated Property
  • Central Heating and Cooling System

About This Home

As of September 2015

The Hamilton is rancher is just the right size (and no more stairs!) with 4 bedrooms, including private guest suite with a full bath, an open concept Family/Dining/Kitchen space make this the perfect gathering place! The Kitchen features a huge granite island, built-in microwave/oven and a Double Oven Gas Range. Both front and back porches are covered so just pick where you want your favorite rocker!

Last Agent to Sell the Property

Becky Fentress

Fentress Real Estate License #61507 Listed on: 09/06/2015

Last Buyer's Agent

Becky Fentress

Fentress Real Estate License #61507 Listed on: 09/06/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,039

Lot Details

  • 0.26

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Home Under Construction
  • Slab Foundation

Interior Spaces

  • 2,310 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • ENERGY STAR Certified Homes

Schools

  • Williams Elementary School
  • Columbia High School

Additional Features

  • Lot Dimensions are 80 x 140
  • Central Heating and Cooling System

Community Details

  • Maintenance Apex Association
  • Heritage Brook Subdivision

Listing and Financial Details

  • Tax Lot 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,039

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Living Area: 2310
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 80 x 140
  • Subdivision Name: Heritage Brook
  • Architectural Style: Open Floor Plan, Ranch/1 Story
  • New Construction: Yes
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: NewHome

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher, Disposal, Double Oven, Microwave
  • Levels: One
  • Full Bathrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Room Bedroom4 Area: 143
  • Room Bedroom4 Level: First
  • Room Bedroom3 Area: 156.78
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 150.079999
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 17
  • Room Family Room Area: 314.94
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Room Kitchen Area: 288.32
  • Room Master Bedroom Area: 231.2

Exterior Features

  • Foundation Details: Slab
  • Property Condition: Under Construction

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Association Name: Maintenance Apex
  • Association: Yes

Schools

  • Middle Or Junior School: Williams

Green Features

  • Green Building Verification Type: ENERGY STAR Certified Homes, HERS Index Score, HSV Utilities NHP

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 14

MLS Schools

  • Elementary School: Providence Elementary
  • High School: Columbia High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2025
Sold by
Reaves Living Trust and Reaves Barbara Ann
Bought by
Reaves Jacqueline and Reaves Barbara
Current Estimated Value
$392,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Outstanding Balance
$276,500
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$120,497

Purchase Details

Closed on
Apr 11, 2025
Sold by
Reaves Jacqueline and Reaves Barbara
Bought by
Reaves Living Trust and Reaves

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Outstanding Balance
$276,500
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$120,497

Purchase Details

Closed on
Apr 16, 2020
Sold by
Reaves Jacqueline A
Bought by
Reaves Jay W and Reaves Barbara A

Purchase Details

Listed on
Sep 6, 2015
Closed on
Sep 30, 2015
Sold by
Legacy Homes Of Alabama Inc
Bought by
Reves Jacqueline A
Seller's Agent
Becky Fentress
Fentress Real Estate
Buyer's Agent
Becky Fentress
Fentress Real Estate
List Price
$205,000
Sold Price
$202,790
Premium/Discount to List
-$2,210
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$6,083
Interest Rate
3.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Reaves Jacqueline -- None Listed On Document
Reaves Jacqueline -- None Listed On Document
Reaves Living Trust -- None Listed On Document
Reaves Jay W -- None Available
Reves Jacqueline A $202,790 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reaves Jacqueline $276,500
Closed Reaves Jacqueline $276,500
Previous Owner Reaves Jacqueline A $6,083
Previous Owner Reaves Jacqueline A $196,706
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2015 12/29/15 Off Market $202,790 -- --
09/30/2015 09/30/15 Sold $202,790 -1.1% $88 / Sq Ft
09/06/2015 09/06/15 For Sale $205,000 -- $89 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
Source: ValleyMLS.com

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 $2,039 $35,980 $7,500 $28,480
2023 $2,039 $34,960 $7,500 $27,460
2022 $1,723 $30,540 $7,000 $23,540
2021 $1,445 $25,740 $5,000 $20,740
2020 $1,364 $24,340 $5,000 $19,340
2019 $1,314 $23,470 $5,000 $18,470
2018 $1,367 $24,400 $0 $0
2017 $1,165 $20,920 $0 $0
2016 $1,165 $20,920 $0 $0
2015 $348 $6,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Becky Fentress

    Seller's Agent in 2015

    Becky Fentress

    Fentress Real Estate

    (256) 690-2953

    2 in this area

    59 Total Sales

    Becky Fentress
    Section Image
See All Agents

Map

Source: ValleyMLS.com

MLS Number: 1014244

ValleyMLS.com

APN: 15-04-19-3-002-074.033

Alabama Madison County Madison 35757 Monrovia

408 Fern Terrace NW, Madison, AL

This home is located at 408 Fern Terrace NW, Madison, AL 35757 since 06 September 2015 and is currently estimated at $392,909, approximately $170 per square foot. 408 Fern Terrace NW is a home located in Madison County with nearby schools including Providence Elementary School, Williams Middle School, and Columbia 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.

ValleyMLS.com Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Copyright 2025 Valley MLS

Nearby Homes