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266 Fairbank Way, Chelsea, AL, 35043

4beds
3baths
1,951sqft
$384,000
$197price/sqft
$2,529/moest. monthly cost
$101,160/yrincome needed

About This Home

Just a short walk from one of Chelsea Park’s two lakes, this home offers comfortable living with plenty of space and natural light throughout. The main level features 3 bedrooms, including the primary suite, while a spacious upstairs 4th bedroom with a full bath provides flexible space for guests, hobbies, or a home office. New carpet throughout. The kitchen and living areas connect seamlessly for easy entertaining and everyday living. The laundry room offers convenient access from both the primary suite and main living area. Outside, enjoy a fenced backyard with room to relax or entertain. Chelsea Park amenities include playgrounds, green spaces, two community pools, a splash pad, and convenient access to Chelsea Park Elementary, making this location easy to enjoy year-round.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

9/10
10/10
Chelsea Middle SchoolGrades 6-82.7 mi
8/10
Chelsea High SchoolGrades 9-125.2 mi

Construction

Condition

  • Year built: 2015

Materials

  • Foundation: Slab
  • Construction materials: 1 Side Brick,HardiPlank Type

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Gas Oven,Stove-Gas,Electric Water Heater
  • Laundry features: Electric Dryer Hookup,Washer Hookup,Main Level,Laundry Room,Laundry (ROOM),Yes

Basement

  • Area: 0

Bathroom1

  • Level: First

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedroom3

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • None,High Ceilings,Soaking Tub,Separate Shower,Tub/Shower Combo
  • Flooring: Carpet,Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Gas Starter,Living Room,Gas
  • Fireplace: Yes
  • Attic: Walk-In,Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,951

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,951 sqft

Kitchen

  • Features: Stone Counters,Eat-in Kitchen
  • Level: First

Living Room

  • Level: First

Master Bathroom

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 097364002024.000
  • Special condition: N/A

Features

  • Levels: One
  • Stories: 1
  • Pool features: In Ground,Fenced,Community
  • Patio & porch: Open (PATIO),Patio,Porch
  • Fencing: Fenced
  • Has view: Yes
  • View description: None
  • Waterfront features: No

Lot

  • Lot size: 4,791 sqft
  • Features: Subdivision

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Lightning
Cold Wave
Heat Wave
Inland Flooding
Strong Wind

FEMA Declared Disasters Across Alabama Counties

Hurricane
Severe Storm
Tornado
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,941$23,292
Home Insurance *$214$2,568
Property Taxes $134$1,608
Electricity $240$2,881
Total$2,529$30,348
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,708/yr
40% on housing$75,870/yr
45% on housing$67,440/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.8%
8.8%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$197This listing

vs Other Active Listings

Avg $/sqft

ZIP 35043$216
Shelby County$171

vs Homes Sold Last Month

Median $/sqft

ZIP 35043$167
Shelby County$174

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-07Listed for sale$389,000
2020-04-15Sold$254,000
2020-04-15Listed for sale$254,900
2020-03-04Pending sale$254,900
2020-02-28Listed for sale$254,900
2014-12-19Sold$221,650

For Sale by Agent

AgentCruz Blanton, eXp Realty, LLC Central, Brenda Blanton, eXp Realty, LLC Central
BrokerageeXp Realty, LLC Central

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