NOT LISTED FOR SALE

508 Balsam Terrace Way SW Huntsville, AL 35824

Edgewater Neighborhood

Estimated Value: $451,000 - $474,000

-- Bed
4 Baths
3,022 Sq Ft
$154/Sq Ft Est. Value

About This Home

This home is located at 508 Balsam Terrace Way SW, Huntsville, AL 35824 and is currently estimated at $464,067, approximately $153 per square foot. 508 Balsam Terrace Way SW is a home located in Madison County with nearby schools including Williams Elementary School, Williams Middle School, and Columbia High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2021
Sold by
Bearden Joshua Robert and Bearden Emily
Bought by
Caglayan Mufit and Caglayan Aysun
Current Estimated Value
$464,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,920
Outstanding Balance
$224,914
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$235,826

Purchase Details

Closed on
Apr 2, 2018
Sold by
Valor Communities Llc
Bought by
Bearden Joshua and Bearden Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,020
Interest Rate
4.44%
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Caglayan Mufit $359,900 None Available
Bearden Joshua $287,225 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caglayan Mufit $287,920
Previous Owner Bearden Emily $19,400
Previous Owner Bearden Joshua $282,020
Previous Owner Bearden Joshua --
Source: Public Records

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 $5,357 $92,360 $12,000 $80,360
2023 $5,357 $92,360 $12,000 $80,360
2022 $2,159 $38,060 $5,000 $33,060
2021 $1,838 $32,520 $3,500 $29,020
2020 $1,670 $29,620 $3,500 $26,120
2019 $1,608 $28,560 $3,500 $25,060
2018 $325 $5,600 $0 $0
2017 $325 $5,600 $0 $0
2016 $325 $5,600 $0 $0
2015 $325 $5,600 $0 $0
2014 $325 $5,600 $0 $0
Source: Public Records

Map

Alabama Madison County Huntsville 35824 Edgewater

508 Balsam Terrace Way SW, Huntsville, AL

This home is located at 508 Balsam Terrace Way SW, Huntsville, AL 35824 and is currently estimated at $464,067, approximately $153 per square foot. 508 Balsam Terrace Way SW is a home located in Madison County with nearby schools including Williams Elementary School, Williams Middle School, and Columbia High School.

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