NOT LISTED FOR SALE

403 Lake Chelsea Way Chelsea, AL 35043

Estimated Value: $365,000 - $392,000

3 Beds
2.5 Baths
2,112 Sq Ft
$179/Sq Ft Est. Value

Last Sold July 17, 2017

Last sale price $255,000 $121 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,228/month

85 Days on Market

Highlights

  • In Ground Pool
  • Fishing
  • Lake Property
  • Chelsea Park Elementary School Rated A-
  • Lake View
  • Cathedral Ceiling

About This Home

As of July 2017

Beautiful Full Brick Home on Culdesac in Chelsea Park With Private Backyard & View of the Lake! Move-in ready & totally neutral with today's lighter paint colors. So much charm & character in this home. Two-story Great Room is stunning with hardwood floors, brick fireplace & view of staircase to upper level. Alcove in Dining Room is plumbed for wet bar. Beautiful Kitchen has granite counters, large island with ample seating, stainless appliances, pantry, tall upper cabinets & lower cabinets have deep drawers for pots & pans. Main Level Master Suite has gorgeous bath with separate vanities, soaking tub, separate shower & walk-in closet. Laundry Room plumbed for utility sink. Guest Half Bath on Main Level. Upper Level features Loft, perfect for den or playroom, Bedrooms 2 & 3 & Full Bath. Large Covered Back Porch (approx. 18 x 10) with beautiful view of the lake & private backyard, porch wired for TV. Stamped Concrete Flooring on Front & Back Porches. Outdoor Lighting. Sprinkler System.

Last Agent to Sell the Property

Janet Hamm

ARC Realty Alabama Listed on: 03/15/2017

ARC Realty Alabama

Last Buyer's Agent

Patrick Warren

ARC Realty Vestavia

ARC Realty Vestavia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,503

Year Built

  • 2012

Lot Details

  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Front Facing Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Ventless Fireplace
  • Brick Fireplace
  • Gas Fireplace
  • Great Room with Fireplace
  • Dining Room
  • Loft
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 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
  • Pool is Self Cleaning

Outdoor Features

  • Lake Property
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 08-9-31-2-005-002.000

Community Details

Overview

  • $12 Other Monthly Fees
  • Eddleman Association, Phone Number (205) 877-9480

Recreation

  • Community Playground
  • Community Pool
  • Fishing
  • Park
  • Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,503

Year Built

2012

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road
  • Living Area: 2112
  • Legal Description: CHELSEA PARK 9TH SECTOR LOT 9-19
  • List Price per Sq Ft: 125.47
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: Bobo pest control service
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Interior Amenities: Recess Lighting
  • Fireplace Details: Brick (FIREPL), Ventless
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub, Linen Closet, Separate Shower, Separate Vanities, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Concatenated Rooms: |MasterBR1|GreatRoom1|Kitchen1|DiningRoom1|Laundry1|MasterBath1|HalfBath1|Bedroom2|Bedroom2|Loft2|FullBath2|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Great Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Dining Room, On Level: 1
  • Room 5: Laundry, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Half Bath, On Level: 1
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Loft, On Level: 2
  • Room 11: Full Bath, On Level: 2
  • Rooms Level 1: Dining Room (LVL 1), Great Room (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+), Loft (LVL 2+)
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Dishwasher Built-In, Stove-Gas
  • Kitchen Features: Eating Area, Island, Pantry
  • 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: 1369
  • Upper Level Sq Ft: 743

Exterior Features

  • Patio: Yes
  • Construction: 4 Side Brick
  • Exterior Features: Lighting System, Sprinkler System, Porch
  • Foundation: Slab
  • Patio Type: Covered - (PATIO)
  • Pool: Yes
  • Pool Features: Cleaning System, In-Ground, Perimeter Fencing
  • 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, Parking (MLVL), Off Street Parking, On Street Parking

Utilities

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

Condo/Co-op/Association

  • Amenities: Bike Trails, Fishing, Park, Playgound, Private Lake, Street Lights, Walking Paths
  • Association Fee: Yes
  • Association Fee: 600
  • Association Fee Per: Yearly
  • HOA Management Company: Eddleman
  • Hoa Phone: 2058779480

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: 08-9-31-2-005-002.000
  • Lot Description: Cul-de-sac
  • Lot View: Yes
  • Lot View Type: Lake/Water View

Tax Info

  • Tax District: CHELSEA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2017
Closed on
Jul 17, 2017
Sold by
Parnell Terry N and Parnell Cynthia A
Bought by
Claud Philip Andrew and Justice Ashleigh B
Seller's Agent
Janet Hamm
ARC Realty Alabama
Buyer's Agent
Patrick Warren
ARC Realty Vestavia
List Price
$270,000
Sold Price
$255,000
Premium/Discount to List
-$15,000
-5.56%
Current Estimated Value
$377,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,640
Avg. Annual Appreciation
5.12%
Original Mortgage
$250,381
Outstanding Balance
$208,353
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$174,126

Purchase Details

Listed on
Sep 5, 2014
Closed on
Jan 12, 2015
Sold by
Bannon Robert W and Bannon Kelly Oliver
Bought by
Parnell Terry N and Parnell Cynthia A
Seller's Agent
Sherri Williams
RealtySouth-OTM-Acton Rd
Buyer's Agent
Joshua Ehmke
Keller Williams Realty Vestavia
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.79%

Purchase Details

Listed on
Apr 10, 2012
Closed on
Sep 5, 2012
Sold by
Nsh Corp
Bought by
Bannon Robert W
Seller's Agent
Jason Messer
U Build Realty LLC
Buyer's Agent
Jason Messer
U Build Realty LLC
List Price
$200,000
Sold Price
$215,703
Premium/Discount to List
$15,703
7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$209,218
Interest Rate
3.53%
Mortgage Type
New Conventional
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
Claud Philip Andrew -- None Available
Parnell Terry N $250,000 None Available
Bannon Robert W $215,705 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Claud Philip Andrew $250,381
Previous Owner Bannon Robert W $209,218
Previous Owner Nsh Corp $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2017 07/17/17 Sold $255,000 -3.8% $121 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
04/28/2017 04/28/17 Price Changed $265,000 -1.9% $125 / Sq Ft
03/15/2017 03/15/17 For Sale $270,000 +8.0% $128 / Sq Ft
01/12/2015 01/12/15 Sold $250,000 -3.8% $124 / Sq Ft
12/11/2014 12/11/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $259,900 +20.5% $129 / Sq Ft
09/05/2012 09/05/12 Sold $215,703 +7.9% $107 / Sq Ft
04/10/2012 04/10/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $200,000 -- $99 / 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 $1,503 $34,160 $0 $0
2023 $1,447 $33,820 $0 $0
2022 $1,203 $28,280 $0 $0
2021 $1,113 $26,220 $0 $0
2020 $1,152 $27,120 $0 $0
2019 $1,119 $26,360 $0 $0
2017 $1,087 $25,640 $0 $0
2015 $1,040 $24,560 $0 $0
2014 $992 $23,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janet Hamm

    Seller's Agent in 2017

    Janet Hamm

    ARC Realty Alabama

    (205) 969-8910

    57 Total Sales

    Janet Hamm
    Section Image
  • Patrick Warren

    Buyer's Agent in 2017

    Patrick Warren

    ARC Realty Vestavia

    (205) 835-1219

    65 Total Sales

    Patrick Warren
    Section Image
  • Sherri Williams

    Seller's Agent in 2015

    Sherri Williams

    RealtySouth

    (205) 979-3055

    2 in this area

    110 Total Sales

    Sherri Williams
    Section Image
  • Joshua Ehmke

    Buyer's Agent in 2015

    Joshua Ehmke

    Keller Williams Realty Vestavia

    (205) 999-4281

    3 in this area

    214 Total Sales

    Joshua Ehmke
    Section Image

  • J

    Seller's Agent in 2012

    Jason Messer

    U Build Realty LLC

  • S

    Seller Co-Listing Agent in 2012

    Sandra Williamson

    Found It LLC

    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 777286

Greater Alabama MLS

APN: 08-9-31-2-005-002-000

Alabama Shelby County Chelsea 35043

403 Lake Chelsea Way, Chelsea, AL

This home is located at 403 Lake Chelsea Way, Chelsea, AL 35043 since 15 March 2017 and is currently estimated at $377,640, approximately $178 per square foot. This property was built in 2012. 403 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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