NOT LISTED FOR SALE

696 Chelsea Farms Rd Unit 11 Chelsea, AL 35043

Estimated Value: $382,029

27 Acres
$14,149 Price per Acre
1,176,120 Sq Ft Lot

Last Sold September 29, 2022

Last sale price $360,000

Est. 6% increase in value since last sale

Current estimated payment $2,317/month

56 Days on Market

Highlights

  • 2,400 Feet of Waterfront
  • Lake View
  • Pond
  • Forest Oaks Elementary School Rated A-
  • 27 Acre Lot
  • Gated Home

About This Lot

As of September 2022

THE BEST LOT in Chelsea Farms! There are two entrances into the neighborhood, both being gated.Lot 11 is 27.5 acres and has a private pond, pasture areas, allowing for horses or farm animals, and cleared home site. Private pond is stocked with bass and brim. High speed internet throughout this secluded farm community. Septic permit has been issued. This lot is ready to build with no time limit to start building after lot purchase.

Last Agent to Sell the Property

Shirley Hall

eXp Realty, LLC Central Listed on: 07/14/2022

eXp Realty, LLC Central

Last Buyer's Agent

Shirley Hall

eXp Realty, LLC Central Listed on: 07/14/2022

eXp Realty, LLC Central

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $900

Lot Details

  • 27 Acre Lot
  • 2,400 Feet of Waterfront
  • Gated Home

HOA Fees

  • $100 Monthly HOA Fees

Schools

  • Forest Oaks Elementary School
  • Chelsea High School

Additional Features

  • Lake Views
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 15 8 28 0 000 001.00

Community Details

Recreation

  • Water Access
  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$900

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: Land/Lots
  • Down Payment Assistance: No
  • Legal Description: Lot 11 of Chelsea Farms as recorded in Shelby County Probate MB 48 Pg 66
  • Intermed: Chelsea
  • Property Type: Lots
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Private Pond
  • Waterfront Frontage: 2400
  • Road Access: Gravel Road
  • Waterfront Access: Yes
  • Waterfront: Yes

Utilities

  • Sewer/Septic System: Septic
  • Water: Public Water
  • Utilities Available: Electricity
  • Utilities On-site: Electricity

Condo/Co-op/Association

  • Association Fee: 1200
  • Association Fee Per: Yearly
  • Association Fee Yn: Yes

Schools

  • Elementary School: FOREST OAKS
  • High School: CHELSEA

Lot Info

  • Assessor Parcel Number: 15 8 28 0 000 001.00
  • Lot View: Lake/Water View
  • Number Acres: 27
  • Zoning: Residential
  • Best Use Per Zone: Residential
  • Improvements: Gated Entrance, Pond, Stocked Lake/Pond
  • Lot Description Type: Entire Parcel Only
  • Lot View: Yes
  • Surrounding Area: Residential
  • Unit/Lot Number: 11

Tax Info

  • Tax District: Chelsea
  • Annual Tax: 900

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: FOREST OAKS
  • High School: CHELSEA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Sep 29, 2022
Sold by
Wilson David Benjamin and Wilson Sarah
Bought by
Thomas Jordan Ross and Thomas Elizabeth Moore
Seller's Agent
Shirley Hall
eXp Realty, LLC Central
Buyer's Agent
Shirley Hall
eXp Realty, LLC Central
List Price
$399,900
Sold Price
$360,000
Premium/Discount to List
-$39,900
-9.98%
Current Estimated Value
$382,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,029
Avg. Annual Appreciation
1.19%
Original Mortgage
$260,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2019
Sold by
Gallant Lake Llc
Bought by
Allers George and Allers Leah
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
Thomas Jordan Ross $360,000 --
Allers George $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Jordan R $1,126,250
Closed Thomas Jordan Ross $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $360,000 -10.0% --
07/14/2022 07/14/22 For Sale $399,900 -- --
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 $1,619 $36,800 $0 $0
2023 $1,640 $36,800 $0 $0
2022 $1,419 $32,260 $0 $0
2021 $947 $21,520 $0 $0
2020 $789 $17,940 $0 $0
2019 $789 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1327769

Greater Alabama MLS

APN: 158280000001001