See Home Value
Chelsea 35043
1001 FAIRBANK LANE
$236,000 - $288,000
House - Off Market

1001 FAIRBANK LANE

CHELSEA, AL 35043
bedrooms
3 Beds
bathrooms
2 Baths
Sold Mar 25, 2024
$256,500
$243,675 by Fairway Independent Mtg Corp
Mortgage Due Apr 01, 2054
Sold Jul 29, 2019
$162,400

About This Property

/Welcome to Chelsea Park, Chelsea Schools, Walking Paths, and Easy Living! This adorable home is situated on a corner lot near numerous walking paths.  It features easy living with brick and vinyl exterior, one level living, open floor plan, one car garage, new carpet (9/23), new interior paint (9/23), window treatments, HVAC (2020) and more! The kitchen features ample counter space, island, and open to the dining and living room. The living room has a beautiful gas fireplace.  The master bedroom has two closets, en suite bath with double sinks and large linen closet.  The two guest rooms are spacious with large closets.  The second full bath has a tub/shower combo and nice size vanity.  The back patio is covered and overlooks a spacious yard on a corner lot. There's also a one car garage! Absolutely move in ready!!
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006

Price History

Date / Event Date Event Price
Mar 28, 2024 No longer available -
No longer available
Mar 9, 2024 In contract -
In contract
Feb 15, 2024 Listed $262,900
Listed
Feb 1, 2024 No longer available -
No longer available
Jan 2, 2024 Listed $264,999
Listed
/Welcome to Chelsea Park, Chelsea Schools, Walking Paths, and Easy Living! This adorable home is situated on a corner lot near numerous walking paths. It features easy living with brick and vinyl exterior, one level living, open floor plan, one car garage, new carpet (9/23), new interior paint (9/23), window treatments, HVAC (2020) and more! The kitchen features ample counter space, island, and open to the dining and living room. The living room has a beautiful gas fireplace. The master…
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Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 260
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,704
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 799
  • Total Building Area: 1,552
  • Building Area: 1,552
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,552
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHELSEA PARK 3RD SECTOR
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC/TWNSHP/RAN 36 19S 01W NBRHD: 17 CHELSEA PARK R-2

Ownership

  • Current Owner : FANT MATTHEW S
  • Previous Owner : FURGASON CURTIS
  • Owner Before Previous Owner: GAMBINO MIKE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • School Tax School District: GM
  • Census Tract: 030219

Geography

  • Assessors Map Reference: MP 34 PG 23
  • District: 17
  • Parcel: 097361003020000
  • Lot: 3-27
  • Meridian: SEC 36 TWN 19S RNG 01W
  • Municipality: CHELSEA
  • Latitude: 33.3402
  • Longitude: -86.5884

    Address

  • Full Address: 1001 Fairbank Ln
  • Address - House Number: 1001
  • Address - Street Name: Fairbank
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Chelsea
  • Carrier Code: R006
  • 4-Digit Zip Code: 7232
  • Zip Code: 35043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,986

    Appraisal Valuation

  • Standard Deviation: 0.0835
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 259,606
  • High Value: 281,304
  • Low Value: 237,908

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $243,675
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Mar 25, 2024
  • First Open Lien Mortgage Loan Amount: $243,675
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $225,700
  • Market Land Value: $65,000
  • Market Improvement Value: $160,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,140

    Sales

  • Current Sale Contract Date: Mar 19, 2024
  • Current Sale Recording Date: Mar 25, 2024
  • Current Sale Transaction ID: 11923541072
  • Current Sale Price: $256,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 79480
  • Previous Sale Recording Date: Jul 29, 2019
  • Previous Sale Contract Date: Jul 25, 2019
  • Previous Sale Amount: $162,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Mar 25, 2024
  • First Mortgage Loan Amount: $243,675
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$289,900 Sep 16, 2023
-
-

About Chelsea


Similar Homes for Sale


Nearby Rentals

Unit for rent at 543 Polo Way, Chelsea, AL, 35043

$1,450 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,346 ft²
543 Polo Way #543 Polo Way, Chelsea, AL, 35043 Listing by Manager


Frequently Asked Questions

When was property at 1001 Fairbank Lane built and last sold?
The property at 1001 Fairbank Lane was built in 2006 and last sold on Mar 19, 2024 for $256,500.
How much is this home worth?
The estimated value of the home located at 1001 Fairbank Lane is $265,529.
What are some comparable homes to 1001 Fairbank Lane?
Homes that are comparable to 1001 Fairbank Lane include a house property at 2048 Chelsea Park Bend, located in CHELSEA, AL.

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