NOT LISTED FOR SALE

254 Fairbank Way Chelsea, AL 35043

Estimated Value: $303,000 - $325,094

3 Beds
2 Baths
1,735 Sq Ft
$182/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $282,000 $163 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,901/month

5 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Mud Room
  • Chelsea Park Elementary School Rated A-
  • Attic
  • Stone Countertops

About This Home

As of May 2021

Located in the beautiful community of Chelsea Park, with lakes for fishing and picnics on the bank. This open floor plan home features 3 bedrooms and 2 baths. The chef's dream kitchen with island is open to the main living areas, and just off of it is the laundry, mudroom, and screened in patio ready to enjoy. The perfectly designed large master bedroom and bathroom ensuite will be a haven , and the guest bedrooms have lots of walk-in closet space. Granite countertops, hardwood floors, and all of the extras that make this home perfect, and ready for you to move in and call it home. Welcome home!

Last Agent to Sell the Property

Bragan Feldman

RealtySouth Chelsea Branch Listed on: 04/02/2021

RealtySouth Chelsea Branch

Last Buyer's Agent

Dana Cole

ARC Realty - Hoover

ARC Realty - Hoover

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $934

Year Built

  • Built in 2014

Lot Details

  • 4,356 Sq Ft Lot

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,735 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Gas Fireplace
  • Mud Room
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Electric Cooktop
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower

Laundry

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

Outdoor Features

  • In Ground Pool
  • Screened Patio

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common grounds mntc
  • $15 Other Monthly Fees
  • Chelsea Park HOA

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$934

Year Built

Built in 2014

Lot Details

0

HOA Fees

$52 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1280403?w=PubMLS
  • Living Area: 1735
  • Legal Description: Block: Lot: 6-101 CHELSEA PARK 6TH SECTOR
  • List Price per Sq Ft: 155.56
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: Waynes
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2014
  • Price Per Sq Ft: 162.54
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Interior Amenities: Recess Lighting
  • Fireplace Details: Gas Starter
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Separate Shower, Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|Kitchen1|MasterBath1|MasterBR1|Laundry1|Mud1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Master Bath, On Level: 1
  • Room 4: Master Bedroom, On Level: 1
  • Room 5: Laundry, On Level: 1
  • Room 6: Mud, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Bedroom, On Level: 1
  • Room 9: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1), Mud (LVL 1)
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Cooktop-Electric
  • 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: 1735

Exterior Features

  • Patio: Yes
  • Construction: 1 Side Brick
  • Foundation: Slab
  • Garden/Patio Style: Yes
  • Patio Type: Screened (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground
  • Pool: Community
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Gas Heat
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 1735

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee: 625
  • Association Fee Per: Yearly
  • HOA Management Company: Chelsea Park HOA

Fee Information

  • Fees Include: Common Grounds Mntc
  • 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: 09-7-36-4-002-027.000
  • Number Acres: 0.1

Tax Info

  • Tax District: CHELSEA
  • Annual Tax: 934

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
Oct 24, 2022
Sold by
Tubbs Joseph and Tubbs Shea
Bought by
Gann Perry Daniel and Gann Barbara
Current Estimated Value
$315,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Outstanding Balance
$218,374
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$91,274

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 7, 2021
Sold by
Debord Jessica and Debord Andrew
Bought by
Tubbs Joseph and Tubbs Shea
Seller's Agent
Bragan Feldman
RealtySouth Chelsea Branch
Buyer's Agent
Dana Cole
ARC Realty - Hoover
List Price
$269,900
Sold Price
$282,000
Premium/Discount to List
$12,100
4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.21%
Original Mortgage
$267,900
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2014
Closed on
Dec 29, 2014
Sold by
Embassy Homes Llc
Bought by
Debord Jessica and Debord Andrew
Seller's Agent
Petra Prior
Ingram & Associates, LLC
Buyer's Agent
Bragan Feldman
RealtySouth Chelsea Branch
List Price
$189,900
Sold Price
$185,550
Premium/Discount to List
-$4,350
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$182,188
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2014
Sold by
Chelsea Park 4G Investment Group Llc
Bought by
Embassy 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
$145,888
Interest Rate
4.37%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Gann Perry Daniel $299,000 --
Tubbs Joseph $282,000 None Available
Debord Jessica $185,550 None Available
Embassy Homes Llc $23,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gann Perry Daniel $224,250
Previous Owner Tubbs Joseph $267,900
Previous Owner Debord Jessica $178,000
Previous Owner Debord Jessica $181,819
Previous Owner Debord Jessica $182,633
Previous Owner Debord Jessica $182,188
Previous Owner Embassy Homes Llc $145,888
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $282,000 +4.5% $163 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $269,900 0.0% $156 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $269,900 +45.5% $156 / Sq Ft
12/29/2014 12/29/14 Sold $185,550 -2.3% $108 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $189,900 -- $110 / 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 $1,482 $33,680 $0 $0
2023 $1,363 $31,500 $0 $0
2022 $1,085 $25,580 $0 $0
2021 $983 $23,280 $0 $0
2020 $983 $23,280 $0 $0
2019 $861 $20,500 $0 $0
2017 $780 $18,660 $0 $0
2015 $1,547 $35,160 $0 $0
2014 $268 $6,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1280403

Greater Alabama MLS

APN: 09-7-36-4-002-027-000