Sold for $247,900

$247,900

1085 Fairbank Ln, Chelsea, AL 35043

3beds

2baths

1,552sqft

SingleFamily

Built in 2005

3,484 Square Feet Lot

$262,000 Zestimate^®

$160/sqft

$1,855 Estimated rent

Home value

$262,000

$246,000 - $275,000

$1,855/mo

Zestimate^® history

Owner options

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$1,855/mo

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$1,855/mo

Rent Zestimate^®

Refinance and save

$1,597/mo

Est. payment

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$1,597/mo

Est. payment

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What's special

This house is on a great lot, with walking path and lake behind. Great location, affordable for first time buyer. Buyer to verify any information of importance to them.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Cooling

Central

Appliances

Included: Dishwasher, Garbage disposal, Microwave

Features

Flooring: Carpet, Hardwood, Linoleum / Vinyl
Has fireplace: Yes

Interior area

Total interior livable area: 1,552 sqft

Property

Parking

Total spaces: 2

Features

Exterior features: Vinyl, Brick

Lot

Size: 3,484 Square Feet

Details

Parcel number: 089312003042000

Construction

Type & style

Home type: SingleFamily

Materials

Wood
Foundation: Slab
Roof: Other

Condition

Year built: 2005

Community & HOA

HOA

Has HOA: Yes
HOA fee: $50 monthly

Location

Region: Chelsea

Financial & listing details

Price per square foot: $160/sqft
Tax assessed value: $230,100
Annual tax amount: $972

Price history

Date	Event	Price
6/4/2025	Sold	$247,900+103.5%$160/sqft
Source: Public Record Report a problem
9/13/2013	Sold	$121,800-2.6%$78/sqft
Source: GALMLS #571232 Report a problem
8/25/2013	Price change	$125,000+400%$81/sqft
Source: ARC Realty, LLC #571232 Report a problem
8/15/2013	Price change	$25,000-80%$16/sqft
Source: Auction.com Report a problem
7/26/2013	Listed for sale	$125,000+2.9%$81/sqft
Source: ARC Realty, LLC #571232 Report a problem
6/14/2013	Sold	$121,500-22.1%$78/sqft
Source: Public Record Report a problem
12/20/2005	Sold	$155,975$100/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$972 -4.7%	$23,020 -4.5%
2024	$1,019 +8.4%	$24,100 +8.1%
2023	$940 +21.2%	$22,300 +20.2%
2022	$776 +2.8%	$18,560 +8.3%
2021	$754 +1.9%	$17,140 +1.9%
2020	$740 +12.4%	$16,820 +12.4%
2019	$658	$14,960 +0.9%
2017	$658 +3.9%	$14,820 +4.4%
2015	$634 -0.8%	$14,200 -2.2%
2014	$639 -50%	$14,520 -50%
2013	$1,278 +116.9%	$29,040 +102.8%
2012	$589 -2.3%	$14,320 -2.2%
2011	$603 -1.2%	$14,640 -1.1%
2010	$610 -2.5%	$14,800 -2.4%
2009	$626 -2.9%	$15,160 -2.7%
2007	$645	$15,580