13 days on rocket

1057 Fairbank Ln, Chelsea, AL, 35043

$249,999

Home List Price

$2,969*

Closing Credit

2 Bedrooms
2 Full Baths
1,392 SqFt
$180/SqFt
House
Schools Nearby

Location

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1057 Fairbank Ln, Chelsea$249,999

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway Parking, Uncovered Parking
Year Built2005
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
FireplaceGas (FIREPL), Insert, Ventless
ViewLake
MLS #21385368
Lot Size0.08 Acres
StatusActive

About 1057 Fairbank Ln

RENOVATED 1 LEVEL WITH A LAKE VIEW! Put that paint brush down. You don't have to do a thing, but unpack and start LIVING! Freshly painted interior is bright and is the perfect backdrop to your new lifestyle. The kitchen has freshly painted white cabinets, new GRANITE counters, new subway tile backsplash, and brand new STAINLESS appliances. Easy to maintain and easy on the eyes, luxury vinyl flooring has been installed. New carpet in bedrooms make it all super clean and a FRESH START. Enjoy the lake view from the primary suite, the den, and the covered back porch. Jog or stroll around the lake, just outside your back door on the concrete walking trails in peaceful Chelsea Park. Then, head to the community pool for a fun SWIM to cool down. Schedule your appointment now! (Agent owned)

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 1
  • Living Area: 1,392 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC Central
  • Listing Agent: Genny Williams

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Stainless Steel Appliance(s), Electric Stove
  • Flooring Type: Carpet, Vinyl
  • Interior: Recess Lighting
  • Fireplace: Gas (FIREPL), Insert, Ventless

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Lake
  • Exterior: Porch

Parking Information:

  • Parking: Driveway Parking, Uncovered Parking

Virtual/3D Tour

  • Virtual Tour: 1057 Fairbank Ln

Virtual Tour

Lot Features

Lot Information:

  • Lot: Interior Lot, Few Trees, Subdivision
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From 280 take a right onto Chelsea Park Dr. At the roundabout, take the first exit onto Chelsea Park Dr. At the next roundabout take the first exit onto Chelsea Park Bend. Turn Left onto Fairbank Lane, House is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,999
  • Price Per SqFt: $180/SqFt

HOA Fees:

  • Amount: $600
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,310
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Chelsea, AL.

Med. List Price

$394.5K

Med. Price/SqFt

$174

Avg. Days On Market

71

# of Sold Homes

19

1057 Fairbank Ln vs Chelsea

13 DAYS ON ROCKET

-58 Days

$249,999

-$144.5K Less

$180/SqFt

+$5 More

KEY TAKEAWAY

This property is $144.5K less than the Median List Price and $5/SqFt more than other homes in Chelsea, AL.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #21385368

Listing Office:

  • Office Name: eXp Realty, LLC Central
  • Listing Agent: Genny Williams

IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2024, 11:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 12, 2006Home Sold
$144,900
Aug 04, 2005Home Sold
$139,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,310$29,780
2019$583$13,260
2018$581$13,220
2017$577$13,120

History based on county public records data.

Payment Calculator

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-412101
10
/10
  • Chelsea Pk Elementary School

  • 9000 Chelsea Park Trl

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-412102
8
/10
  • Chelsea Elementary School

  • 1000 Hornet Parkway

  • 2.59 miles

  • Public District Grades KG-5

school-card-donut-412103
10
/10
  • Mt Laurel Elementary School

  • 1 Jefferson Pl

  • 5.02 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,758. The most common annual income of people living in Chelsea, AL is between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Chelsea, AL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Chelsea, AL?

Chelsea, Shelby, Alabama, offers a diverse housing market with a mix of single-family homes, apartments, and townhouses. The architectural styles in the area range from traditional to contemporary, with a focus on family-friendly designs. The housing landscape is primarily composed of single-family homes, reflecting the area's suburban character and appeal to those seeking spacious living environments.

Is Chelsea, AL a good place to live?

Chelsea is celebrated for its small-town charm and strong sense of community. The area prides itself on its peaceful residential atmosphere, complemented by local parks and recreational facilities that serve as gathering spots for families and friends. Annual events, such as the Chelsea Christmas Parade, reinforce the town's communal spirit and local pride.

Are things conveniently located in Chelsea, AL?

The community benefits from a solid educational system, including several public schools that cater to different age groups and a few private institutions, offering a range of educational opportunities. Healthcare services are accessible, with local clinics and nearby hospitals providing various medical services. Chelsea's retail and dining scene reflects the local culture, with a selection of shops and restaurants that cater to the needs and tastes of residents. The city is proactive in enhancing services to accommodate its growing population.

What does the transportation in Chelsea, AL look like?

Chelsea's transportation infrastructure supports both private and public transit options. The area is served by a network of roads and highways that connect residents to nearby cities and employment hubs. Public transportation options are available, with bus services facilitating local and regional travel. The community is also served by ride-sharing services, providing additional convenience for residents. While Chelsea offers some walkable areas, the community is generally more car-dependent, with ongoing efforts to improve transportation efficiency and accessibility.

Frequently Asked Questions About 1057 Fairbank Ln

What is the listing price of this property?

The listing price of 1057 Fairbank Ln property is $249,999.

What type of property is this?

The property 1057 Fairbank Ln is a house located in Chelsea, Alabama, 35043.

Is this property for sale now?

Active Listing: 1057 Fairbank Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,310 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 12, 2006 for $144,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1057 Fairbank Ln has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1057 Fairbank Ln is 1,392 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1057 Fairbank Ln is 2005.

Rocket Homes›Alabama›Shelby County›Chelsea›35043›1057 Fairbank Ln

This home is located at 1057 Fairbank Ln in Chelsea, AL and zip code 35043. This 1,392 square foot home, which was built in 2005, sits on a 0.08 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $249,999.

Between March 2024 and April 2024, Chelsea, AL real estate market has seen increase in the number of listings by 102.4%. In April 2024, listings were on the market for 71 days. During the same period, the median list price in this real estate market was $394,500.

From Rocket Homes Real Estate and based on county public records data.

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