$241,000
SOLD MAY 18, 2015

507 Balsam Terrace Way SW Huntsville, AL 35824

Edgewater Neighborhood
4 Beds
3 Baths
2,986 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

5% Below List Price

171 Days on Market

Highlights

  • New Construction
  • Central Heating and Cooling System
  • Gas Log Fireplace

About This Home

As of May 2015

Great value and quality in this CARPENTER floor plan. This home has it all. HW, Granite, Crown, open floor plan and so much more. Established community and Close to everything - Community pool, clubhouse, tennis courts, 2 miles of walking trails, and a lake - Convenient to parks, the YMCA and shopping SHLLC

Last Agent to Sell the Property

Dale Carter

William & Curtis Realty LLC License #98262 Listed on: 10/09/2014

Co-Listed By

Jane Harrington

ECS Realty License #82165

Last Buyer's Agent

Blake Landry

RE/MAX Today License #80878

RE/MAX Today

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,445

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 72 x 123

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • New Construction

Interior Spaces

  • 2,986 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Williams Elementary School
  • Columbia High School

Utilities

  • Central Heating and Cooling System

Community Details

  • The Reserve Association
  • Built by SAVVY HOMES
  • Natures Landing At The Reserve Subdivision

Listing and Financial Details

  • Tax Lot 198
  • Assessor Parcel Number 1608280000001059

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,445

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Living Area: 2986
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 72 x 123
  • Co List Office Mls Id: 141300
  • Subdivision Name: Natures Landing At The Reserve
  • New Construction: Yes
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: NewHome

Interior Features

  • Total Bedrooms: 4
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Room Bedroom4 Area: 210
  • Room Bedroom4 Level: Second
  • Room Bedroom3 Area: 156
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 144
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 17
  • Room Bedroom2 Level: First
  • Room Kitchen Area: 168
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 238
  • Room Dining Room Area: 182

Exterior Features

  • Builder Name: SAVVY HOMES
  • Property Condition: New Construction

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association Name: The Reserve
  • Association: No

Schools

  • Middle Or Junior School: Williams

Lot Info

  • Parcel Number: 1608280000001059
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 198

MLS Schools

  • Elementary School: Williams
  • High School: Columbia High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2014
Closed on
May 11, 2015
Sold by
Savvy Homes Llc
Bought by
Atkins Aaron
Seller's Agent
Dale Carter
William & Curtis Realty LLC
Buyer's Agent
Blake Landry
RE/MAX Today
List Price
$255,000
Sold Price
$241,000
Premium/Discount to List
-$14,000
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$360,000
Outstanding Balance
$279,227
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$191,162

Purchase Details

Closed on
May 30, 2013
Sold by
Southpoint Bank
Bought by
Savvy Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
3.37%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $241,000 None Available
Warranty Deed $42,300 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $205,650 New Conventional
Open $360,000 Future Advance Clause Open End Mortgage
Previous Owner $192,500 Future Advance Clause Open End Mortgage
Previous Owner $204,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Price Changed $465,000 -2.1% $146 / Sq Ft
07/24/2025 07/24/25 For Sale $475,000 +97.1% $149 / Sq Ft
08/17/2015 08/17/15 Off Market $241,000 -- --
05/18/2015 05/18/15 Sold $241,000 -5.5% $81 / Sq Ft
03/29/2015 03/29/15 Pending -- -- --
10/09/2014 10/09/14 For Sale $255,000 -- $85 / Sq Ft
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 $2,445 $42,980 $6,000 $36,980
2023 $2,445 $42,980 $6,000 $36,980
2022 $2,033 $35,880 $5,000 $30,880
2021 $1,578 $28,040 $3,500 $24,540
2020 $1,436 $25,580 $3,500 $22,080
2019 $1,385 $24,690 $3,500 $21,190
2018 $1,383 $24,680 $0 $0
2017 $1,383 $24,680 $0 $0
2016 $1,383 $24,680 $0 $0
2015 $3,113 $49,340 $0 $0
2014 $325 $5,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1005126

ValleyMLS.com

APN: 16-08-28-0-000-001.059