1028 Fairbank Ln
Chelsea, AL 35043
3 bd 2 ba 1,552 sqft Built 2005 Lot 4,356 sqft single_family
Most recent sale
$264,500
May 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 27, 2022 | Sold | $265,000 | GreaterAlabamaMLS |
| Nov 10, 2022 | Price changed | $272,000 | GreaterAlabamaMLS |
| Oct 27, 2022 | Price changed | $278,000 | MLS #1323529 |
| Sep 29, 2022 | Price changed | $282,000 | MLS #1323529 |
| Sep 15, 2022 | Price changed | $289,000 | MLS #1323529 |
| Aug 18, 2022 | Price changed | $295,000 | MLS #1323529 |
| Aug 4, 2022 | Price changed | $296,000 | MLS #1323529 |
| Jul 15, 2022 | Price changed | $302,000 | MLS #1323529 |
| Jun 23, 2022 | Price changed | $304,000 | MLS #1323529 |
| Jun 10, 2022 | Listed | $310,000 | MLS #1323529 |
| May 26, 2022 | Sold | $264,500 | Public Record |
| Oct 25, 2019 | Listed for rent | $1,395 | AppfolioUnits |
| Jun 3, 2014 | Sold | $137,000 | MLS #594173 |
| Apr 15, 2014 | Listed | $139,000 | MLS #594173 |
| Feb 17, 2006 | Sold | $149,900 | MLS #282117 |
| Nov 14, 2005 | Listed | $149,900 | MLS #282117 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $33,760 | $1,485 |
| 2020 | — | — | $33,060 | $1,455 |
| 2019 | — | — | $14,720 | $537 |
| 2016 | $10,150 | $4,000 | $14,150 | $516 |
| 2013 | $20,080 | $8,480 | $28,560 | $1,257 |
| 2012 | $19,680 | $8,480 | $28,160 | $1,239 |
| 2011 | $20,300 | $8,480 | $28,780 | $1,266 |
| 2010 | $20,600 | $8,480 | $29,080 | $1,280 |
| 2009 | $21,300 | $8,480 | $29,780 | $1,310 |
| 2008 | $22,420 | $8,480 | $30,900 | $1,360 |
| 2007 | $22,100 | $8,480 | $30,580 | $1,346 |
Property facts
Year built
2005
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,552 sqft
Lot size
4,356 sqft
ZIP code
35043
City
Chelsea
Street
Fairbank Ln
Coordinates
33.33935, -86.58793
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,328
Gross rental yield
10.56%
Implied cap rate
6.87%
Trend-extrapolated value
—
Frequently asked questions
When did 1028 Fairbank Ln last sell?
1028 Fairbank Ln most recently sold on May 26, 2022 for $264,500.
What is the current tax assessment for 1028 Fairbank Ln?
The most recent total assessment for 1028 Fairbank Ln (year 2021) is $33,760 with $1,485 in property tax.
How does 1028 Fairbank Ln's assessment compare to its last sale price?
The current assessment is 87.2% below the last sale price of $264,500.
When was 1028 Fairbank Ln built?
1028 Fairbank Ln was built in 2005.
How does 1028 Fairbank Ln compare to others on Fairbank Ln?
We track 8 other properties on Fairbank Ln. Browse the list under "Other properties on Fairbank Ln" to compare beds, baths, and sale history.
What are the property facts for 1028 Fairbank Ln?
1028 Fairbank Ln is a 3 bed, 2 bath, 1,552 sqft, 4,356 sqft lot single_family.
Is 1028 Fairbank Ln a flip candidate?
No — 1028 Fairbank Ln does not appear in our flips dataset.
Is 1028 Fairbank Ln a tax-appeal candidate?
No — 1028 Fairbank Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.0%
Implied 1-yr
+28.1%
2026 Q3
$809.5K
2026 Q4
$848.5K
ZIP 35043 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Fairbank Ln