388 Terrace Meadow Dr
Wellington, AL 36279
4 bd 3 ba 2,868 sqft Built 2003 Lot 126,760 sqft single_family
Most recent sale
$365,000
Feb 8, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 8, 2023 | Sold | $365,000 | Birmingham |
| Oct 7, 2022 | Listed | $374,900 | Birmingham |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $29,000 | $1,080 |
| 2021 | — | — | $26,800 | $994 |
| 2020 | — | — | $25,020 | $924 |
| 2019 | — | — | $25,460 | $941 |
| 2018 | — | — | $24,560 | $906 |
| 2017 | — | — | $21,240 | $777 |
| 2016 | — | — | $21,500 | $787 |
| 2015 | — | — | $21,240 | $777 |
| 2014 | — | — | $21,240 | $777 |
| 2013 | — | — | $21,500 | $787 |
| 2012 | — | — | $21,500 | $787 |
| 2011 | — | — | $21,500 | $787 |
| 2010 | — | — | $21,160 | $774 |
| 2008 | — | — | $21,240 | $777 |
| 2007 | — | — | $20,620 | $753 |
| 2005 | — | — | $19,520 | $639 |
Property facts
Year built
2003
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,868 sqft
Lot size
126,760 sqft
ZIP code
36279
City
Wellington
Street
Terrace Meadow Dr
Coordinates
33.85943, -85.87817
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,302
Gross rental yield
14.14%
Implied cap rate
9.19%
Trend-extrapolated value
—
Frequently asked questions
When did 388 Terrace Meadow Dr last sell?
388 Terrace Meadow Dr most recently sold on Feb 8, 2023 for $365,000.
What is the current tax assessment for 388 Terrace Meadow Dr?
The most recent total assessment for 388 Terrace Meadow Dr (year 2022) is $29,000 with $1,080 in property tax.
How does 388 Terrace Meadow Dr's assessment compare to its last sale price?
The current assessment is 92.1% below the last sale price of $365,000.
When was 388 Terrace Meadow Dr built?
388 Terrace Meadow Dr was built in 2003.
How does 388 Terrace Meadow Dr compare to others on Terrace Meadow Dr?
We track 7 other properties on Terrace Meadow Dr. Browse the list under "Other properties on Terrace Meadow Dr" to compare beds, baths, and sale history.
What are the property facts for 388 Terrace Meadow Dr?
388 Terrace Meadow Dr is a 4 bed, 3 bath, 2,868 sqft, 126,760 sqft lot single_family.
Is 388 Terrace Meadow Dr a flip candidate?
No — 388 Terrace Meadow Dr does not appear in our flips dataset.
Is 388 Terrace Meadow Dr a tax-appeal candidate?
No — 388 Terrace Meadow Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+9.4%
Implied 1-yr
+37.6%
2026 Q1
$302.2K
2026 Q2
$319.8K
ZIP 36279 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Meadow Dr