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1043 Fairbank Ln

Chelsea, AL 35043

3 bd 2 ba 1,552 sqft Built 2006 Lot 3,354 sqft single_family
Most recent sale
$70,000
Sep 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 23, 2023 Sold $252,000 Public Record
Dec 27, 2022 Price changed $263,700 GreaterAlabamaMLS
Nov 21, 2022 Price changed $263,900 GreaterAlabamaMLS
Oct 3, 2022 Listed $268,900 MLS #1335501
Sep 26, 2022 Sold $70,000 Public Record
Jul 11, 2006 Sold $152,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $17,340 $722
2020 $17,180 $715
2019 $15,140 $625
2015 $10,250 $4,000 $14,250 $520
2013 $10,340 $4,240 $14,580 $601
2010 $10,610 $4,240 $14,850 $542
2009 $10,960 $4,240 $15,200 $555

Property facts

Year built
2006
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,552 sqft
Lot size
3,354 sqft
ZIP code
35043
City
Chelsea
Street
Fairbank Ln
Coordinates
33.33901, -86.58760

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1043 Fairbank Ln last sell?
1043 Fairbank Ln most recently sold on Sep 26, 2022 for $70,000.
What is the current tax assessment for 1043 Fairbank Ln?
The most recent total assessment for 1043 Fairbank Ln (year 2021) is $17,340 with $722 in property tax.
How does 1043 Fairbank Ln's assessment compare to its last sale price?
The current assessment is 75.2% below the last sale price of $70,000.
When was 1043 Fairbank Ln built?
1043 Fairbank Ln was built in 2006.
How does 1043 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 1043 Fairbank Ln?
1043 Fairbank Ln is a 3 bed, 2 bath, 1,552 sqft, 3,354 sqft lot single_family.
Is 1043 Fairbank Ln a flip candidate?
Yes — 1043 Fairbank Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1043 Fairbank Ln a tax-appeal candidate?
No — 1043 Fairbank Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.0%
Implied 1-yr
+28.1%
2026 Q3
$809.5K
2026 Q4
$848.5K
ZIP 35043 — Median Price History + Forecast

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