NOT LISTED FOR SALE

400 Lake Chelsea Way Chelsea, AL 35043

Estimated Value: $427,015 - $502,000

5 Beds
4 Baths
3,936 Sq Ft
$117/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $308,000 $78 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,712/month

13 Days on Market

Highlights

  • In Ground Pool
  • Lake Property
  • Main Floor Primary Bedroom
  • Chelsea Park Elementary School Rated A-
  • Wood Flooring
  • Attic

About This Home

As of September 2018

This house has it ALL! Located in a quiet cul de sac, 400 Lake Chelsea Way is perfect for a family. The property offers 5 br/4 Ba's as well as a huge bonus space and home office. Extras include hardwood flooring, plantation shutters and an open concept kitchen and living room. Spacious master BR and BA on main lvl. Upstairs you'll find an over-sized play/rec rm, 3 BR's and two BA's as well as plenty of storage. The fenced back yard is a dream. Covered patio as well as a custom pavilion for hosting parties, a basketball court and plenty of yard. Come see it Today!

Last Agent to Sell the Property

Tiffany Bittner

ARC Realty Vestavia Listed on: 08/14/2018

ARC Realty Vestavia

Last Buyer's Agent

Dee Dee Harrison-Bush

Keller Williams Realty Vestavia

Keller Williams Realty Vestavia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,571

Year Built

  • Built in 2014

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced Yard
  • Sprinkler System

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Circular Driveway
  • Off-Street Parking

Home Design

  • Slab Foundation
  • HardiePlank Siding
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Smooth Ceilings
  • Gas Log Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Play Room
  • Attic

Kitchen

  • Breakfast Bar
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms
  • Split Vanities
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

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

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Lake Property
  • Patio

Utilities

  • Central Heating and Cooling System
  • Two Heating Systems
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 9-20
  • Assessor Parcel Number 08-9-31-2-005-001.000

Community Details

Overview

  • $12 Other Monthly Fees
  • Eddleman Properties Association

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,571

Year Built

Built in 2014

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 3936
  • Legal Description: CHELSEA PARK 9TH SECTOR LOT 9-20
  • List Price per Sq Ft: 79.4
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: Cahaba Valley Pest
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2014
  • Price Per Sq Ft: 78.25
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Fireplace Details: Tile (FIREPL), Gas Logs
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Garden Tub, Linen Closet, Separate Shower, Separate Vanities, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Concatenated Rooms: |Living1|DiningRoom1|Bedroom1|Office1|FullBath1|Kitchen1|Laundry1|MasterBath1|MasterBR1|Play/Rec2|Bedroom2|Bedroom2|Bedroom2|FullBath2|
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Office/Study, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Room 6: Kitchen, On Level: 1
  • Room 7: Laundry, On Level: 1
  • Room 8: Master Bath, On Level: 1
  • Room 9: Master Bedroom, On Level: 1
  • Room 10: Play/Rec, On Level: 2
  • Room 11: Bedroom, On Level: 2
  • Room 12: Bedroom, On Level: 2
  • Room 13: Bedroom, On Level: 2
  • Room 14: Full Bath, On Level: 2
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1), Office/Study (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+), Play/Rec (LVL 2+)
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Dishwasher Built-In, Disposal, Microwave Built-In, Self-Cleaning, Refrigerator, Stove-Gas
  • Kitchen Features: Breakfast Bar, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Main Level Sq Ft: 2166
  • Upper Level Sq Ft: 1770

Exterior Features

  • Patio: Yes
  • Construction: 3 Sides Brick, Siding-Hardiplank
  • Exterior Features: Fenced Yard, Sprinkler System
  • Foundation: Slab
  • Patio Type: Open (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground, Perimeter Fencing
  • Pool: Community
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Attached, Circular Drive, Driveway Parking, Off Street Parking

Utilities

  • Heating: Central (HEAT), Dual Systems (HEAT)
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 3936

Condo/Co-op/Association

  • Amenities: Playgound, Private Lake, Sidewalks, Street Lights, Walking Paths
  • Association Fee: Yes
  • Association Fee: 600
  • Association Fee Per: Yearly
  • HOA Management Company: Eddleman Properties

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 35
  • Garbage Fee Per: Quarterly

Schools

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

Lot Info

  • Assessor Parcel Number: 08-9-31-2-005-001.000
  • Lot Number: 9-20
  • Number Acres: 0.2

Tax Info

  • Tax District: CHELSEA
  • Annual Tax: 1571

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Sep 28, 2018
Sold by
Salter Larry Wayne and Salter Karen Morgan
Bought by
Spell Travion D and Spell Megan
Seller's Agent
Tiffany Bittner
ARC Realty Vestavia
Buyer's Agent
Dee Dee Harrison-Bush
Keller Williams Realty Vestavia
List Price
$312,500
Sold Price
$308,000
Premium/Discount to List
-$4,500
-1.44%
Current Estimated Value
$462,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,004
Avg. Annual Appreciation
6.22%
Original Mortgage
$308,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Listed on
Oct 20, 2015
Closed on
Dec 11, 2015
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Salter Karen Morgan and Salter Larry Wayne
Seller's Agent
Frank Nelson
Lakes & Lands, LLC
Buyer's Agent
Lauren Murphree
RealtySouth-OTM-Acton Rd
List Price
$270,000
Sold Price
$255,000
Premium/Discount to List
-$15,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$216,750
Interest Rate
3.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 17, 2015
Sold by
Pacific Union Financial Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 21, 2015
Sold by
Compston John
Bought by
Pacific Union Financial Llc

Purchase Details

Listed on
Oct 19, 2012
Closed on
Apr 12, 2013
Sold by
Nsh Corp
Bought by
Compston John
Seller's Agent
Tracy Murphy
SB Dev Corp
Buyer's Agent
Christina James
Keller Williams Realty Hoover
List Price
$272,800
Sold Price
$281,905
Premium/Discount to List
$9,105
3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$275,791
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Spell Travion D $308,000 None Available
Salter Karen Morgan $255,000 None Available
Secretary Of Housing & Urban Development $235,200 None Available
Pacific Union Financial Llc $235,200 None Available
Compston John $281,905 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spell Travion D $303,483
Closed Spell Travion D $308,000
Previous Owner Salter Karen Morgan $216,750
Previous Owner Compston John $275,791
Previous Owner Nsh Corp $211,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $308,000 -1.4% $78 / Sq Ft
08/14/2018 08/14/18 For Sale $312,500 +22.5% $79 / Sq Ft
12/14/2015 12/14/15 Sold $255,000 -5.6% $85 / Sq Ft
11/01/2015 11/01/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $270,000 -4.2% $90 / Sq Ft
04/12/2013 04/12/13 Sold $281,905 +3.3% $94 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
10/19/2012 10/19/12 For Sale $272,800 -- $91 / 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 $1,793 $40,740 $0 $0
2023 -- $40,300 $0 $0
2022 $0 $33,700 $0 $0
2021 $1,334 $31,240 $0 $0
2020 $1,334 $31,260 $0 $0
2019 $1,292 $30,300 $0 $0
2017 $2,659 $60,440 $0 $0
2015 $1,267 $28,800 $0 $0
2014 $1,206 $27,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tiffany Bittner

    Seller's Agent in 2018

    Tiffany Bittner

    ARC Realty Vestavia

    (205) 253-3155

    22 in this area

    97 Total Sales

    Tiffany Bittner
    Section Image
  • Dee Dee Harrison-Bush

    Buyer's Agent in 2018

    Dee Dee Harrison-Bush

    Keller Williams Realty Vestavia

    (205) 382-0586

    10 in this area

    57 Total Sales

    Dee Dee Harrison-Bush
    Section Image

  • F

    Seller's Agent in 2015

    Frank Nelson

    Lakes & Lands, LLC

    (334) 750-5570

    37 Total Sales

    Frank Nelson
    Section Image
  • Lauren Murphree

    Buyer's Agent in 2015

    Lauren Murphree

    RealtySouth

    (205) 826-8962

    1 in this area

    97 Total Sales

    Lauren Murphree
    Section Image

  • M

    Buyer Co-Listing Agent in 2015

    Matt West

    Land Life Realty

    Section Image
  • Tracy Murphy

    Seller's Agent in 2013

    Tracy Murphy

    SB Dev Corp

    (205) 966-9072

    356 Total Sales

    Tracy Murphy
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 825841

Greater Alabama MLS

APN: 08-9-31-2-005-001-000

Alabama Shelby County Chelsea 35043

400 Lake Chelsea Way, Chelsea, AL

This home is located at 400 Lake Chelsea Way, Chelsea, AL 35043 since 14 August 2018 and is currently estimated at $462,004, approximately $117 per square foot. This property was built in 2014. 400 Lake Chelsea Way 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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