NOT LISTED FOR SALE

515 Balsam Terrace Way SW Huntsville, AL 35824

Edgewater Neighborhood

Estimated Value: $462,000 - $494,000

4 Beds
3.5 Baths
3,200 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $277,928 $87 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,872/month

339 Days on Market

Highlights

  • Newly Remodeled
  • Clubhouse
  • Community Pool
  • Home Energy Rating Service (HERS) Rated Property
  • Main Floor Primary Bedroom
  • Tennis Courts

About This Home

As of August 2018

The Marie II. Awesome Master Down plan. Enter this perfect multi generational home through the grand foyer with trey ceiling and two piece crown molding. Next is the huge family room with natural gas fireplace. Master bedroom and full guest suite are down stairs, two huge bedrooms upstairs, formal dining room with coffered ceiling, 5" hand scraped hardwoods, granite in kitchen with shaker style cabinets, double ovens with counter top gas range, beautiful trim package with double crown molding and shadow box wainscoting. Large media room and loft upstairs, tile shower in master bath, granite in all baths and more! Photos are of actual home. Move in Ready!!

Last Agent to Sell the Property

Shauna Wesson

RealtySouth Huntsville License #78752 Listed on: 08/14/2017

RealtySouth Huntsville

Co-Listed By

Peter Burge

RealtySouth Huntsville License #100475

Last Buyer's Agent

Dustin Taylor

Taylor Properties License #86399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,705

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.25

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Radiant Roof Barriers

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 2 Levels
  • Gas Log Fireplace
  • Double Pane Windows

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • Williams Elementary School
  • Columbia High School

Utilities

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

Additional Features

  • Home Energy Rating Service (HERS) Rated Property
  • 0.25 Acre Lot

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 1608280000001063

Community Details

Overview

  • The Reserve HOA
  • Built by VALOR COMMUNITIES LLC
  • Natures Landing At The Reserve Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,705

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Living Area: 3200
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Co List Office Mls Id: 142900
  • Subdivision Name: Natures Landing At The Reserve
  • New Construction: Yes
  • Efficiency: Thermostat, Radian Roof Barrier
  • Property Attached Yn: No
  • Year Built: 2017
  • Kitchen Level: First
  • Special Features: 4098

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher, Disposal, Gas Oven, Microwave, Range
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Window Features: Double Pane Windows
  • Room Bedroom4 Area: 221
  • Room Bedroom4 Level: Second
  • Room Bedroom3 Area: 168
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 195
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 15
  • Room Bedroom2 Level: First
  • Room Kitchen Area: 182
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 240
  • Room Dining Room Area: 165

Exterior Features

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

Utilities

  • Heating: Central 2, Natural Gas
  • Cooling: Central 2
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Clubhouse, Common Grounds, Pool, Tennis Court(s)
  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association Name: The Reserve HOA
  • Association: Yes

Schools

  • Middle Or Junior School: Williams

Lot Info

  • Parcel Number: 1608280000001063
  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres

Green Features

  • Green Building Verification Type: HERS Index Score

Tax Info

  • Tax Lot: 202

MLS Schools

  • Elementary School: Williams
  • High School: Columbia High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2017
Closed on
Aug 30, 2018
Sold by
Valor Communities Llc
Bought by
Patel Dhruv Snehal
Seller's Agent
Shauna Wesson
RealtySouth Huntsville
Buyer's Agent
Dustin Taylor
Taylor Properties
List Price
$292,126
Sold Price
$277,928
Premium/Discount to List
-$14,198
-4.86%
Current Estimated Value
$473,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,379
Avg. Annual Appreciation
8.27%
Original Mortgage
$222,340
Interest Rate
4.5%
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
Patel Dhruv Snehal $277,928 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Dhruv Snehal $210,900
Closed Patel Dhruv Snehal $222,340
Previous Owner Valor Communities Llc $195,000
Previous Owner W A Glover Construction Inc $136,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2018 11/28/18 Off Market $277,928 -- --
08/30/2018 08/30/18 Sold $277,928 -2.1% $87 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
06/06/2018 06/06/18 Price Changed $283,928 +1.4% $89 / Sq Ft
05/21/2018 05/21/18 Price Changed $279,900 -0.5% $87 / Sq Ft
03/12/2018 03/12/18 Price Changed $281,226 -5.3% $88 / Sq Ft
01/22/2018 01/22/18 Price Changed $296,826 +1.4% $93 / Sq Ft
09/06/2017 09/06/17 Price Changed $292,626 +0.2% $91 / Sq Ft
08/14/2017 08/14/17 For Sale $292,126 -- $91 / 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 $2,705 $47,460 $6,000 $41,460
2023 $2,705 $47,460 $6,000 $41,460
2022 $2,213 $38,980 $5,000 $33,980
2021 $1,800 $31,860 $3,500 $28,360
2020 $1,635 $29,020 $3,500 $25,520
2019 $1,576 $27,990 $3,500 $24,490
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

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Shauna Wesson

    RealtySouth

    (256) 503-6483

    302 Total Sales

    Section Image

  • P

    Seller Co-Listing Agent in 2018

    Peter Burge

    RealtySouth

    Section Image
  • Dustin Taylor

    Buyer's Agent in 2018

    Dustin Taylor

    Taylor Properties

    (323) 377-1323

    17 Total Sales

    Section Image
See All Agents

Map

Source: ValleyMLS.com

MLS Number: 1076254

ValleyMLS.com

APN: 16-08-28-0-000-001.063

Alabama Madison County Huntsville 35824 Edgewater

515 Balsam Terrace Way SW, Huntsville, AL

This home is located at 515 Balsam Terrace Way SW, Huntsville, AL 35824 since 14 August 2017 and is currently estimated at $475,151, approximately $148 per square foot. This property was built in 2017. 515 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.

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