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For sale
  • Price cut: $55K (1/19)
    $795,000

    111 Terrace Dr, Rainsville, AL 35986

    4beds
    6,500sqft
    : 
    Single Family Residence
    Built in 2006
    1.47 Acres Lot
    $770,000 Zestimate®
    $122/sqft
    $-- HOA

    What's special

    Finished basementOpen foyerWinding stairwayCovered screened in porchHardwood flooring
    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!
    180 days
    |
    509
    |
    16
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 19, 2026 at 01:18pm

    Listed by:

    Rita Hammonds 256-996-2817,

    Keller Williams Realty-TN

    Source: ValleyMLS,MLS#: 21899446MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Master Bedroom, Living Room, Bedroom 2, Dining Room, Bedroom 3, Kitchen, Bedroom 4, Bonus Room, Office/Study, Bathroom 2, Bathroom 3, Utility Room, Master Bathroom, Bath:Guest1/2
      Primary bedroom
      • Features: Ceiling Fan(s), Crown Molding, Recessed Lighting, Window Cov, Wood Floor, Walk-In Closet(s)
      • Level: First
      • Area: 280
      • Dimensions: 20 x 14
      Bedroom 2
      • Level: Second
      • Area: 130
      • Dimensions: 10 x 13
      Bedroom 3
      • Level: Second
      • Area: 143
      • Dimensions: 13 x 11
      Bedroom 4
      • Level: Second
      • Area: 180
      • Dimensions: 12 x 15
      Primary bathroom
      • Features: Double Vanity, Tile, Walk in Closet 2
      • Level: First
      • Area: 224
      • Dimensions: 14 x 16
      Bathroom 1
      • Features: Carpet
      • Level: Second
      • Area: 117
      • Dimensions: 9 x 13
      Bathroom 2
      • Level: Second
      • Area: 45
      • Dimensions: 5 x 9
      Bathroom 3
      • Level: Second
      • Area: 80
      • Dimensions: 10 x 8
      Bathroom 4
      • Level: First
      • Area: 35
      • Dimensions: 5 x 7
      Dining room
      • Features: Wood Floor
      • Level: First
      • Area: 182
      • Dimensions: 13 x 14
      Kitchen
      • Features: Eat-in Kitchen, Granite Counters, Kitchen Island, Pantry, Sitting Area, Vaulted Ceiling(s)
      • Level: First
      • Area: 510
      • Dimensions: 17 x 30
      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
      • Dimensions: 26 x 18
      Office
      • Level: First
      Bonus room
      • Level: Second
      • Area: 300
      • Dimensions: 12 x 25
      Utility room
      • Level: First
      • Area: 144
      • Dimensions: 8 x 18
      Heating
      • Central 2, Electric, Propane
      Cooling
      • Central 2, Electric
      Features
      • Open Floorplan
      • Basement: Basement
      • Number of fireplaces: 2
      • Fireplace features: Gas Log, Two
      Interior area
      • Total interior livable area: 6,500 sqft

      Property

      Parking
      • Parking features: Garage-Two Car, Garage-Attached, Garage Faces Side, Circular Driveway, Driveway-Concrete
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Covered Porch, Screened Porch
      Lot
      • Size: 1.47 Acres
      Details
      • Parcel number: 1605150001042.004

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Lakeview Terrace
      HOA
      • Has HOA: No
      Location
      • Region: Rainsville

      Financial & listing details

      • Price per square foot: $122/sqft
      • Tax assessed value: $875,260
      • Annual tax amount: $3,490
      • Date on market: 9/18/2025
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        Estimated market value

        $770,000

        $732,000 - $809,000

        $3,617/mo

        Price history

        Price history
        DateEventPrice
        1/19/2026Price change$795,000-6.5%$122/sqft
        Source: ValleyMLS #21899446 Report a problem
        9/18/2025Listed for sale$850,000+3071.6%$131/sqft
        Source: ValleyMLS #21899446 Report a problem
        8/15/2003Sold$26,800$4/sqft
        Source: Agent Provided Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$3,490 +4.2%$87,540 +4.1%
        2024$3,349 +5.5%$84,060 +7.3%
        2023$3,174 -3.4%$78,360 -3.4%
        2022$3,287 +27.6%$81,160 +27.6%
        2021$2,577 +11.4%$63,620 +11.4%
        2020$2,313 +0.6%$57,100 -1.8%
        2017$2,299 +1%$58,120 +1%
        2015$2,276 $57,560
        2014$2,276 $57,560
        2013-- $57,560
        2012-- $57,560 +1.7%
        2011-- $56,600
        2010-- $56,600

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $4,398/mo
        Principal & interest
        $4100
        Property taxes
        $298
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          Climate risks

          Neighborhood: 35986

          Getting around

          1 / 100
          Car-Dependent
          14 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Plainview
          • Middle: Plainview
          • High: Plainview

          Source: ValleyMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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