NOT LISTED FOR SALE

1029 Edgewater Ln Chelsea, AL 35043

Estimated Value: $374,000 - $403,000

4 Beds
3 Baths
2,056 Sq Ft
$188/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $357,500 $174 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,370/month

Highlights

  • Wood Flooring
  • Stone Countertops
  • Double Vanity
  • Chelsea Park Elementary School Rated A-
  • Covered Patio or Porch
  • Walk-In Closet

About This Home

As of May 2022

Absolutely gorgeous full brick home with 2056 sqft of living space. This 4 bedroom 3 bath home features an open floor plan with hardwood floors in the living areas. Kitchen features granite countertops, stainless steel appliances, gas stove, a working kitchen island. Home has a large main level master bedroom with hardwood flooring and French doors that open to the backyard patio. The master bath boasts a garden tub, large tiled shower, dual sink vanity and a walk in closet. The guest bedrooms on the main level are spacious as well. Upstairs is another large bedroom with its own private bathroom. The backyard is level and fenced. This is a wonderful walkable community with sidewalks and community walking trails around the multiple lakes. App fee is $65 per person 18 or older. Tenants responsible for utilities, yard care, and renters insurance. $15/month HVAC Filter fee. Pets on a case-by-case basis. Approved pets require a $300 non-refundable pet fee plus $25 per pet rent.

Last Agent to Rent the Property

Leticia Weaster

Expert Realty, Inc Listed on: 04/14/2022

Last Renter's Agent

Leticia Weaster

Expert Realty, Inc Listed on: 04/14/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,164

Year Built

  • Built in 2017

Lot Details

  • 10,019 Sq Ft Lot
  • Property is Fully Fenced

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,056 Sq Ft Home
  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Chelsea Park Elementary School
  • Chelsea Middle School
  • Chelsea High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $2,095
  • Tenant pays for all utilities, cable (tenant), electric (tenant), gas (tenant), lawn care (tenant), pest control (tenant), sewer (tenant), trash removal (tenant), water (tenant)
  • The owner pays for hoa (owner)
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,164

Year Built

Built in 2017

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: HOA (OWNER)
  • Pets Allowed: Yes
  • Security Deposit: Yes
  • Security Deposit Amt: 2095
  • Tenant Pays: All Utilities, Cable (TENANT), Electric (TENANT), Gas (TENANT), Lawn Care (TENANT), Pest Control (TENANT), Sewer (TENANT), Trash Removal (TENANT), Water (TENANT)
  • Rental Price: 2095

Listing Details

  • Class: RENTAL
  • Down Payment Assistance: No
  • List Price per Sq Ft: 1.02
  • Property Type: Single Family
  • Year Built: 2017
  • Price Per Sq Ft: 1.02
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Design: 1.5 Story
  • Interior Amenities: 9+ Ceiling, Blinds/MiniBlinds, Dryer Connection, Smoke/Fire Alarm, Walk-In Closet, Washer Connection
  • Floors: Carpet, Hard Tile, Wood
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Bathroom Features: Double Split Vanity, Garden Tub, Separate Shower, Tub/Shower Combo
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Master Bedroom, On Level: 1
  • Room 8: Master Bedroom, On Level: 1
  • Room 9: Laundry, On Level: 1
  • Room 10: 2nd Master, On Level: 2
  • Room 11: Full Bath, On Level: 2
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Cooktop-Gas, Dishwasher Built-In, Microwave Built-In, Refrigerator
  • Kitchen Features: Breakfast Bar, Eating Area, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room

Exterior Features

  • Construction: Brick (CONST)
  • Exterior Features: Fence-Full
  • Foundation: Slab
  • Water Heater: Gas (WTRHTR)
  • Patio/Porch: Yes
  • Patio/Porch Type: Covered (PATIO)

Garage/Parking

  • Parking Features: Garage 2 Cars

Utilities

  • Heating: Central Gas
  • Cooling: Central-Electric
  • Sewer/Septic System: Public Sewer
  • Water: Public Water
  • HVAC Area: 2056

Fee Information

  • Pet Fee Amount: 400

Schools

  • Elementary School: CHELSEA PARK
  • Middle School: CHELSEA
  • High School: CHELSEA

Lot Info

  • Number Acres: 0.23

MLS Schools

  • Elementary School: CHELSEA PARK
  • High School: CHELSEA
  • Jr Middle School: CHELSEA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2018
Closed on
Feb 28, 2019
Sold by
My Place Rentals Llc
Bought by
Lancaster Trevor A
Seller's Agent
Mark Bishop
Keller Williams Realty Vestavia
Buyer's Agent
Laura Davis
EXIT Legacy Realty
List Price
$279,900
Sold Price
$260,000
Premium/Discount to List
-$19,900
-7.11%
Current Estimated Value
$387,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,162
Avg. Annual Appreciation
6.32%
Original Mortgage
$247,000
Outstanding Balance
$217,594
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$169,568

Purchase Details

Closed on
Nov 26, 2018
Sold by
Gros Steve L and Gros Connie C
Bought by
My Place Rentals Llc

Purchase Details

Listed on
Mar 30, 2016
Closed on
Nov 8, 2016
Sold by
Eddleman Residential Llc
Bought by
Gros Steve L and Gros Connie C
Seller's Agent
Christi Jensen
Harris Doyle Homes
Buyer's Agent
Stacy Ward
Ray & Poynor Properties
List Price
$259,900
Sold Price
$264,900
Premium/Discount to List
$5,000
1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$211,920
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2016
Sold by
Park Homes Llc
Bought by
Park Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,200
Interest Rate
3.65%
Mortgage Type
Construction
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
Lancaster Trevor A $260,000 None Available
My Place Rentals Llc $216,955 None Available
Gros Steve L $264,900 None Available
Park Homes Llc $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lancaster Trevor A $247,000
Previous Owner Gros Steve L $211,920
Previous Owner Park Homes Llc $201,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Rented $2,095 0.0% --
04/25/2022 04/25/22 Under Contract -- -- --
04/14/2022 04/14/22 For Rent $2,095 0.0% --
03/31/2022 03/31/22 Sold $357,500 +6.7% $174 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $335,000 +28.8% $163 / Sq Ft
02/28/2019 02/28/19 Sold $260,000 -7.1% $127 / Sq Ft
12/05/2018 12/05/18 For Sale $279,900 +5.7% $136 / Sq Ft
11/08/2016 11/08/16 Sold $264,900 +1.9% $133 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $259,900 -- $131 / Sq Ft
Source: Greater Alabama MLS

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 $3,164 $71,900 $0 $0
2023 $3,130 $71,140 $0 $0
2022 $1,268 $29,740 $0 $0
2021 $1,173 $27,580 $0 $0
2020 $1,139 $26,820 $0 $0
2019 $1,105 $26,040 $0 $0
2017 $2,236 $50,820 $0 $0
2015 $378 $8,580 $0 $0
2014 $378 $8,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1318889

Greater Alabama MLS

APN: 08-9-31-3-002-017-000