NOT LISTED FOR SALE

509 Balsam Terrace Way SW Huntsville, AL 35824

Edgewater Neighborhood

Estimated Value: $443,076 - $502,000

4 Beds
3 Baths
3,200 Sq Ft
$151/Sq Ft Est. Value

Last Sold December 14, 2015

Last sale price $274,900 $86 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,656/month

55 Days on Market

Highlights

  • New Construction
  • Clubhouse
  • Community Pool
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Tennis Courts

About This Home

As of December 2015

The FLORENCE II by Valor Communities is a classic ranch floor plan with a huge media room as a bonus. The large kitchen has tons of cab, countertops, an island with a bar hang for entertaining in the kitchen. A breakfast nook in the kitchen open to the great room with tray ceilings and fireplace. The dining room has coffered ceiling. The master is large with a private entrance to the covered patio. The master bath has his/her sinks and a huge walk in shower. Bedroom 2/3 jack and jill bath and 3-car garage!

Last Agent to Sell the Property

Shauna Wesson

RealtySouth Huntsville License #78752 Listed on: 01/03/2016

RealtySouth Huntsville

Last Buyer's Agent

Shauna Wesson

RealtySouth Huntsville License #78752 Listed on: 01/03/2016

RealtySouth Huntsville

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 70 x 127

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • New Construction
  • Slab Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Schools

  • Williams Elementary School
  • Columbia High School

Utilities

  • Two cooling system units
  • Multiple Heating Units
  • Heating System Uses Gas

Listing and Financial Details

  • Tax Lot 199

Community Details

Overview

  • Hughes Property Association
  • Built by VALOR COMMUNITIES LLC
  • Natures Landing At The Reserve Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Living Area: 3200
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 70 x 127
  • Subdivision Name: Natures Landing At The Reserve
  • Architectural Style: Open Floor Plan
  • New Construction: Yes
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: NewHome

Interior Features

  • Total Bedrooms: 4
  • Levels: Two
  • Full Bathrooms: 3
  • Fireplace Features: One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Builder Name: VALOR COMMUNITIES LLC
  • Foundation Details: Slab
  • Property Condition: New Construction

Utilities

  • Heating: Central 2, Gas(n/a use NGas or PGas)
  • Cooling: Central 2
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Pool, Tennis Court(s)
  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association Name: Hughes Property
  • Association: Yes

Schools

  • Middle Or Junior School: Williams

Lot Info

  • Parcel Number: 0
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 199

MLS Schools

  • Elementary School: Williams
  • High School: Columbia High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2016
Closed on
Dec 14, 2015
Sold by
Valor Communities Llc
Bought by
Leonard Glen L
Seller's Agent
Shauna Wesson
RealtySouth Huntsville
Buyer's Agent
Shauna Wesson
RealtySouth Huntsville
List Price
$286,537
Sold Price
$274,900
Premium/Discount to List
-$11,637
-4.06%
Current Estimated Value
$478,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,066
Avg. Annual Appreciation
6.09%
Original Mortgage
$274,900
Interest Rate
3.83%
Mortgage Type
VA
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
Leonard Glen L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Glen L $423,000
Closed Leonard Glen L $75,000
Closed Leonard Glen L $294,039
Closed Leonard Glen L $294,093
Closed Leonard Glen L $299,500
Closed Leonard Glen L $274,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2016 03/15/16 Off Market $274,900 -- --
12/14/2015 12/14/15 Sold $274,900 -4.1% $86 / Sq Ft
11/29/2015 11/29/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $286,537 -- $90 / 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 -- $46,280 $6,000 $40,280
2023 $0 $46,280 $6,000 $40,280
2022 $0 $38,400 $5,000 $33,400
2021 $0 $30,400 $3,500 $26,900
2020 $1,560 $27,710 $3,500 $24,210
2019 $1,503 $26,730 $3,500 $23,230
2018 $1,501 $26,700 $0 $0
2017 $3,096 $53,380 $0 $0
2016 $2,779 $44,100 $0 $0
2015 $325 $5,600 $0 $0
2014 $325 $5,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Shauna Wesson

    RealtySouth

    (256) 503-6483

    301 Total Sales

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Map

Source: ValleyMLS.com

MLS Number: 1024013

ValleyMLS.com

APN: 16-08-28-0-000-001.060

Alabama Madison County Huntsville 35824 Edgewater

509 Balsam Terrace Way SW, Huntsville, AL

This home is located at 509 Balsam Terrace Way SW, Huntsville, AL 35824 since 03 January 2016 and is currently estimated at $483,269, approximately $151 per square foot. 509 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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