NOT LISTED FOR SALE

362 Lake Chelsea Ct Unit 98 Chelsea, AL 35043

Estimated Value: $364,000 - $381,000

4 Beds
2.5 Baths
1,835 Sq Ft
$203/Sq Ft Est. Value

Last Sold September 20, 2012

Last sale price $203,092 $111 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,246/month

Highlights

  • New Construction
  • Wood Flooring
  • Attic
  • Chelsea Park Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 1 Fireplace

About This Home

As of September 2012

WOW... THE LIFE STYLE YOU HAVE BEEN WAITING FOR... The Cornell is a wonderful 4 Bedroom plan with a GREAT kitchen. The Kitchen features granite countertops, stainless appliances, an huge square island, tile backsplash, pantry & MUCH MORE!! Enjoy a scenic retreat from daily life as well as the convenience of all of your necessities within minutes. The community amenities include a lake with miles of walking trails, community green spaces, new elementary school and MUCH MORE! **ASK US ABOUT OUR TORNADO SHELTER OPTIONS**

Last Agent to Sell the Property

Sue Willoughby

Embridge Realty, LLC Listed on: 05/08/2012

Last Buyer's Agent

James Bearden

eXp Realty, LLC Central License #000092878

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,542

Year Built

  • 2011

Lot Details

  • 8,886

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,835 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Porch
  • Interior Lot

Listing and Financial Details

  • Assessor Parcel Number 08-9-31-3-003-098.000

Community Details

Overview

  • $9 Other Monthly Fees

Recreation

  • Community Playground
  • Park
  • Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,542

Year Built

2011

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road, Public Road
  • Living Area: 1835
  • Legal Description: Chelsea Park, 9th Sector, Lot 98
  • House Plan: CORNELL
  • List Price per Sq Ft: 104.14
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: BOBO
  • Termite Contract: Yes
  • Year Built Description: New Complete
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Interior Amenities: Recess Lighting
  • Floors: Carpet, Hardwood, Hardwood Laminate, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub, Separate Shower, Shared Bath, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Master Bedroom, On Level: 1
  • Room 5: Master Bath, On Level: 1
  • Room 6: Half Bath, On Level: 1
  • Room 7: Laundry, On Level: 1
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 11: Full Bath, On Level: 2
  • Rooms Level 1: Dining Room (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+)
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Disposal, Microwave Built-In, Oven-Electric, Self-Cleaning, Some Stainless Appl
  • Kitchen Features: Breakfast Bar, Eating Area, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1835

Exterior Features

  • Construction: 3 Side Brick
  • Date Construction Completed: 08/30/2012
  • Date Construction Starts: 05/30/2012
  • Exterior Features: Porch
  • Foundation: Slab
  • Water Heater: Gas (WTRHTR)

Garage/Parking

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

Utilities

  • Heating: Central (HEAT), Gas Heat
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Bike Trails, Park, Playgound, Walking Paths
  • Association Fee: Yes
  • Association Fee: 600
  • Association Fee Per: Yearly

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 28
  • Garbage Fee Per: Quarterly

Schools

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

Lot Info

  • Assessor Parcel Number: 08-9-31-3-003-098.000
  • Lot Description: Interior Lot

Green Features

  • Energy Green Features: Ceiling Fans

Tax Info

  • Tax District: CHELSEA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2019
Sold by
Wilson Christie
Bought by
Woldemeskel Mebratu and Tesfahun Mahlet
Current Estimated Value
$377,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Outstanding Balance
$163,720
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$204,953

Purchase Details

Closed on
Feb 5, 2016
Sold by
Wilson David Benjamin and Wilson Sarah E
Bought by
Wilson David F and Wilson Christie

Purchase Details

Listed on
May 8, 2012
Closed on
Sep 20, 2012
Sold by
Nsh Corp
Bought by
Wilson David Benjamin
Seller's Agent
Sue Willoughby
Embridge Realty, LLC
Buyer's Agent
James Bearden
eXp Realty, LLC Central
List Price
$191,100
Sold Price
$203,092
Premium/Discount to List
$11,992
6.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$162,450
Interest Rate
3.63%
Mortgage Type
New Conventional
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
Woldemeskel Mebratu $260,000 None Available
Wilson David F $240,000 None Available
Wilson David Benjamin $203,092 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woldemeskel Mebratu $208,000
Previous Owner Wilson David Benjamin $162,450
Previous Owner Nsh Corp $149,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2012 09/20/12 Sold $203,092 +6.3% $111 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $191,100 -- $104 / 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 $1,542 $35,040 $0 $0
2023 $1,485 $34,680 $0 $0
2022 $1,235 $29,000 $0 $0
2021 $1,143 $26,900 $0 $0
2020 $1,143 $26,920 $0 $0
2019 $2,180 $49,540 $0 $0
2017 $2,016 $45,820 $0 $0
2015 $923 $21,900 $0 $0
2014 $879 $20,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 532932

Greater Alabama MLS

APN: 08-9-31-3-003-034-000