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279 Fairbank Way

Chelsea, AL 35043

4 bd 3 ba 2,254 sqft Built 2017 Lot 4,269 sqft single_family
Most recent sale
$368,000
Jan 10, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 21, 2024 Sold $365,000 GreaterAlabamaMLS
Mar 19, 2024 Listed $369,900 Birmingham
Dec 8, 2023 Listing removed Birmingham
Nov 1, 2023 Price changed $370,000 Birmingham
Oct 17, 2023 Price changed $372,000 Birmingham
Sep 8, 2023 Listed $377,000 Birmingham
Sep 7, 2023 Listing removed Birmingham
Jul 11, 2023 Listed $384,900 Birmingham
Jan 10, 2023 Sold $368,000 Birmingham
Nov 16, 2022 Listed $375,000 Birmingham
May 17, 2021 Sold $321,500 Birmingham
Oct 15, 2016 Sold $224,900 Birmingham
Mar 19, 2016 Listed $224,900 Birmingham

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $29,940 $1,276
2021 $27,660 $1,176
2020 $27,900 $1,186
2018 $22,380 $943
2017 $31,920 $8,000 $39,920 $1,756
2016 $8,000 $8,000 $352
2015 $8,000 $8,000 $352
2013 $6,072 $6,072 $267
2012 $3,036 $3,036 $133
2011 $6,072 $6,072 $267
2010 $6,072 $6,072 $267
2009 $6,072 $6,072 $267
2008 $6,784 $6,784 $299
2007 $6,784 $6,784 $299

Property facts

Year built
2017
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,254 sqft
Lot size
4,269 sqft
ZIP code
35043
City
Chelsea
Street
Fairbank Way
Coordinates
33.33576, -86.59033

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
$3,381
Gross rental yield
11.03%
Implied cap rate
7.17%
Trend-extrapolated value

Frequently asked questions

When did 279 Fairbank Way last sell?
279 Fairbank Way most recently sold on Jan 10, 2023 for $368,000.
What is the current tax assessment for 279 Fairbank Way?
The most recent total assessment for 279 Fairbank Way (year 2022) is $29,940 with $1,276 in property tax.
How does 279 Fairbank Way's assessment compare to its last sale price?
The current assessment is 91.9% below the last sale price of $368,000.
When was 279 Fairbank Way built?
279 Fairbank Way was built in 2017.
How does 279 Fairbank Way compare to others on Fairbank Way?
We track 8 other properties on Fairbank Way. Browse the list under "Other properties on Fairbank Way" to compare beds, baths, and sale history.
What are the property facts for 279 Fairbank Way?
279 Fairbank Way is a 4 bed, 3 bath, 2,254 sqft, 4,269 sqft lot single_family.
Is 279 Fairbank Way a flip candidate?
No — 279 Fairbank Way does not appear in our flips dataset.
Is 279 Fairbank Way a tax-appeal candidate?
No — 279 Fairbank Way 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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