1049 Fairbank Lane

1049 Fairbank Lane has been categorized by the local assessors in Chelsea, AL as a residential type of property. The building on the property was first built in 2005 and is 19 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1049 Fairbank Lane has 1,552 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 800 ft and across the front of the lot is 420 ft. The area measurement of the land has been determined as 3,354 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 260 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1049 Fairbank Lane was last sold in Apr 16, 2020 for $182,900. According to our calculations, that's $117.85 per sqft. Prior to that sales transaction, the property was sold for $177,000 in Mar 18, 2019. Current property owners are expected to pay $948 in taxes per year. The property on 1049 Fairbank Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $22,480. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.