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111 Terrace Dr, Rainsville, AL, 35986

4beds
5baths
6,500sqft
$725,000
$112price/sqft
$5,080/moest. monthly cost
$203,200/yrincome needed

About This Home

Elegance at its best! Beautiful 4 bedroom 4 full bath home located in Rainsville. Master on main with 3 bedrooms 3 bath, bonus room and storage room on second level. Finished basement with entertainment/game room. Covered screened in porch with plenty of room to entertain. Elegant design throughout with hardwood flooring, open foyer and winding stairway. Too many features to mention so don't miss your opportunity to own this beautiful home in a well established community. Call for your showing today!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

9/10
Plainview SchoolGrades PK-124.4 mi

Construction

Condition

  • Year built: 2006

Materials

  • Foundation: Slab

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Basement

Bathroom1

  • Features: Carpet
  • Level: Second
  • Area: 117

Bathroom2

  • Level: Second
  • Area: 45

Bathroom3

  • Level: Second
  • Area: 80

Bathroom4

  • Level: First
  • Area: 35

Bedroom2

  • Level: Second
  • Area: 130

Bedroom3

  • Level: Second
  • Area: 143

Bedroom4

  • Level: Second
  • Area: 180

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Bonus Room

  • Level: Second
  • Area: 300

Dining Room

  • Features: Wood Floor
  • Level: First
  • Area: 182

Features

  • Open Floorplan
  • Number of fireplaces: 2
  • Fireplace features: Two,Gas Log
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central 2,Electric,Propane
  • Cooling features: Central 2,Electric

Interior Area

  • Total interior livable area: 6,500 sqft

Kitchen

  • Features: Eat-in Kitchen,Granite Counters,Kitchen Island,Pantry,Sitting Area,Vaulted Ceiling(s)
  • Level: First
  • Area: 510

Living Room

  • Features: Ceiling Fan(s),Crown Molding,Recessed Lighting,Sitting Area,Tile,Vaulted Ceiling(s),Window Cov,Wood Floor,Built-in Features
  • Level: First
  • Area: 468

Master Bathroom

  • Features: Double Vanity,Tile,Walk in Closet 2
  • Level: First
  • Area: 224

Master Bedroom

  • Features: Ceiling Fan(s),Crown Molding,Recessed Lighting,Window Cov,Wood Floor,Walk-In Closet(s)
  • Level: First
  • Area: 280

Office

  • Level: First

Utility Room

  • Level: First
  • Area: 144

Property

Details

  • Parcel number: 1605150001042.004

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Covered Porch,Screened Porch

Lot

  • Lot size: 1.47 Acres

Parking

  • Parking features: Garage-Two Car,Garage-Attached,Garage Faces Side,Circular Driveway,Driveway-Concrete

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Winter Weather
Drought
Earthquake
Inland Flooding
Lightning

FEMA Declared Disasters Across Alabama Counties

Flood
Hurricane
Severe Storm
Tornado
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,665$43,980
Home Insurance *$544$6,528
Property Taxes $144$1,728
Electricity $727$8,727
Total$5,080$60,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$174,171/yr
40% on housing$152,400/yr
45% on housing$135,466/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.1%
5.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$112This listing

vs Other Active Listings

Avg $/sqft

ZIP 35986$141
DeKalb County$147

vs Homes Sold Last Month

Median $/sqft

ZIP 35986$163
DeKalb County$150

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-19Price change$795,000
2025-09-18Listed for sale$850,000
2003-08-15Sold$26,800

For Sale by Agent

AgentRita Hammonds
BrokerageKeller Williams Realty-TN

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