NOT LISTED FOR SALE

1068 Fairbank Ln Chelsea, AL 35043

Estimated Value: $244,000 - $278,000

3 Beds
2 Baths
1,401 Sq Ft
$186/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $195,900 $140 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,547/month

Highlights

  • Attic
  • Covered Patio or Porch
  • Laundry Room
  • Chelsea Park Elementary School Rated A-
  • Fenced Yard
  • Garden Bath

About This Home

As of April 2021

Coming Soon!! 3 bed 2 bath home in highly sought after Chelsea Park. Open floor plan and all bedrooms on the main level of home. Lakes, community pool, walking trails, and a park system!

Last Agent to Sell the Property

Will Simmons

Eddleman Realty LLC Listed on: 03/21/2021

Last Buyer's Agent

MLS Non-member Company

Birmingham Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,077

Year Built

  • Built in 2007

Lot Details

  • 3,485 Sq Ft Lot
  • Fenced Yard

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,401 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Gas Fireplace
  • Living Room with Fireplace
  • Laminate Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Garden Bath

Laundry

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

Parking

  • 2 Carport Spaces
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • $15 Other Monthly Fees

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,077

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1279185?w=PubMLS
  • Living Area: 1401
  • Legal Description: Block: Lot: 3-40 CHELSEA PARK 3RD SECTOR
  • Dual or Variable Rate Commission: Yes
  • List Price per Sq Ft: 139.83
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 2007
  • Price Per Sq Ft: 139.83
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Fireplace Details: Gas Starter
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Hardwood Laminate
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |MasterBR1|Bedroom1|Bedroom1|FullBath1|MasterBath1|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Full Bath, On Level: 1
  • Room 5: Master Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1401

Exterior Features

  • Patio: Yes
  • Construction: 1 Side Brick
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Garden/Patio Style: Yes
  • Patio Type: Covered - (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Number Carport Spaces: 2
  • Parking Features: Driveway Parking

Utilities

  • Heating: Heat Pump (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1401

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 45
  • Garbage Fee Per: Quarterly

Schools

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

Lot Info

  • Assessor Parcel Number: 08-9-31-2-003-027.000
  • Number Acres: 0.08

Tax Info

  • Tax District: CHELSEA
  • Annual Tax: 1077

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Arvm 5 Llc
Bought by
Armm Asset Company Llc
Current Estimated Value
$260,160

Purchase Details

Listed on
Mar 21, 2021
Closed on
May 3, 2021
Sold by
Yeargan Heather J and Yeargan James Burton
Bought by
Arvm 5 Llc
Seller's Agent
Will Simmons
Eddleman Realty LLC
Buyer's Agent
MLS Non-member Company
Birmingham Non-Member Office
List Price
$195,900
Sold Price
$195,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%

Purchase Details

Listed on
Sep 15, 2016
Closed on
Mar 24, 2017
Sold by
Clinkscales Stevens and Clinkscales Kimberli
Bought by
Yeargan Heather J
Seller's Agent
Kimbo Rutledge
Keller Williams Realty Vestavia
Buyer's Agent
Scott Ford
RealtySouth-MB-Cahaba Rd
List Price
$149,900
Sold Price
$142,000
Premium/Discount to List
-$7,900
-5.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$143,434
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2012
Closed on
Mar 25, 2013
Sold by
The Bank Of New York Mellon
Bought by
Clinkscales Steven and Clinksclaes Kimberli
Seller's Agent
Stephanie Barber
Coldwell Banker Preferred Properties
Buyer's Agent
Kimbo Rutledge
Keller Williams Realty Vestavia
List Price
$125,000
Sold Price
$109,900
Premium/Discount to List
-$15,100
-12.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$107,074
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 2012
Sold by
Mcbeth James and Pena Catherine
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Nov 13, 2006
Sold by
Chelsea Park Homes Inc
Bought by
Mcbeth James and Pena Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,695
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 28, 2006
Sold by
Chelsea Park Inc
Bought by
Chelsea Park Homes Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Armm Asset Company Llc -- Bchh Inc
Arvm 5 Llc $195,900 None Available
Yeargan Heather J -- None Available
Clinkscales Steven $109,050 None Available
The Bank Of New York Mellon $113,400 None Available
Mcbeth James $146,695 None Available
Chelsea Park Homes Inc $29,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armm Asset Company 1 Llc $322,634,000
Previous Owner Yeargan Heather J $143,434
Previous Owner Clinkscales Steven $107,074
Previous Owner Mcbeth James $146,695
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $195,900 0.0% $140 / Sq Ft
04/13/2021 04/13/21 Price Changed $195,900 +3.2% $140 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/10/2021 04/10/21 Price Changed $189,900 -3.1% $136 / Sq Ft
03/21/2021 03/21/21 For Sale $195,900 +38.0% $140 / Sq Ft
03/24/2017 03/24/17 Sold $142,000 -5.3% $101 / Sq Ft
09/15/2016 09/15/16 For Sale $149,900 +36.4% $107 / Sq Ft
03/28/2013 03/28/13 Sold $109,900 -12.1% --
02/14/2013 02/14/13 Pending -- -- --
12/23/2012 12/23/12 For Sale $125,000 -- --
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 $1,931 $43,880 $0 $0
2023 $1,791 $40,700 $0 $0
2022 $1,485 $33,740 $0 $0
2021 $650 $15,700 $0 $0
2020 $631 $15,280 $0 $0
2019 $552 $13,480 $0 $0
2017 $527 $12,900 $0 $0
2015 $505 $12,400 $0 $0
2014 $519 $12,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Will Simmons

    Seller's Agent in 2021

    Will Simmons

    Eddleman Realty LLC

    (205) 635-9775

    122 in this area

    125 Total Sales

    Will Simmons
    Section Image

  • M

    Buyer's Agent in 2021

    MLS Non-member Company

    Birmingham Non-Member Office

  • Kimbo Rutledge

    Seller's Agent in 2017

    Kimbo Rutledge

    Keller Williams Realty Vestavia

    (205) 440-5817

    12 in this area

    145 Total Sales

    Kimbo Rutledge
    Section Image

  • D

    Seller Co-Listing Agent in 2017

    Daniel Blackburn

    Keller Williams Realty Vestavia

  • Scott Ford

    Buyer's Agent in 2017

    Scott Ford

    RealtySouth

    (205) 531-1965

    1 in this area

    184 Total Sales

    Scott Ford
    Section Image

  • S

    Seller's Agent in 2013

    Stephanie Barber

    Coldwell Banker Preferred Properties

See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 1279185

Greater Alabama MLS

APN: 08-9-31-2-003-027-000

Alabama Shelby County Chelsea 35043

1068 Fairbank Ln, Chelsea, AL

This home is located at 1068 Fairbank Ln, Chelsea, AL 35043 since 21 March 2021 and is currently estimated at $260,160, approximately $185 per square foot. This property was built in 2007. 1068 Fairbank Ln is a home located in Shelby County with nearby schools including Chelsea Park Elementary School, Chelsea Middle School, and Chelsea 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.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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