NOT LISTED FOR SALE

1055 Morrison Rd Equality, AL 36026

Estimated Value: $1,013,325 - $1,108,000

5 Beds
3.5 Baths
3,800 Sq Ft
$279/Sq Ft Est. Value

Last Sold February 07, 2014

Last sale price $505,000 $133 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $6,090/month

665 Days on Market

Highlights

  • Boathouse
  • Pier
  • Waterfront
  • Eclectic Elementary School Rated A-
  • Boat Slip
  • Deck

About This Home

As of February 2014

Incredible Water!! This is unique find. Casual living in this 5 br, 3.5 ba home on huge lot with 195 feet of deepwater with dock, boathouse, pier, diving board and slide.Lots of decks. Den with vaulted ceiling and fireplace, Great room and Master bedroom furnished. Sleeping loft upstairs. This home will sleep a lot of people. Kitchen fully furnished with ice maker.42x 42 3 bay garage .

Last Agent to Sell the Property

Randall Rogers

Lake Martin Realty - Willow Point Listed on: 12/18/2013

Last Buyer's Agent

Mimi Rush, Ed.D.

ERA Lake Martin Realty - Equality

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,781

Year Built

  • Built in 1984

Lot Details

  • 1.8 Acre Lot
  • Waterfront
  • Fenced
  • Sprinkler System
  • Wooded Lot

Parking

  • Carport

Home Design

  • Lake House
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Cedar Siding

Interior Spaces

  • 3,800 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Crawl Space

Kitchen

  • Ice Maker
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Seawall
  • Boat Slip
  • Boathouse
  • Deck
  • Covered patio or porch

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Gas
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,781

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.8
  • Water Body Name: Lake Martin
  • Directions: Take Real Island Road to fire station then left on Morrison Rd. then right at 1055 mailbox. Only 3-4 miles to Real island marina.
  • Architectural Style: Lake Home
  • Building Area Total: 3800.0
  • Building Stories: 1
  • Year Built: 1984
  • Foundation: Slab: Yes
  • Cooling: Heat Pump2: Yes
  • Foundation: Crawl Space: Yes
  • Roof: Architectural: Yes
  • Floors: Tile2: Yes
  • Floors: Laminate: Yes
  • Sewage: Septic: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Tile, Laminate
  • Appliances Dishwasher: Yes
  • Appliances:Water Heater (Elec): Yes
  • Appliances:Ice Machine: Yes

Exterior Features

  • Lot Features: Waterfront, Lot Remarks, Wooded
  • Waterfront Features: Pier, Boat Slip, Boat House, Seawall
  • Waterfront: Yes
  • Construction Type: Brick, Other
  • Exterior Features: Covered Patio, Shrubs, Sprinkler
  • Foundation Details: Crawl Space, Slab
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Architectural
  • Siding: Brick: Yes
  • Exterior: Patio: Yes
  • Exterior: Deck: Yes
  • Exterior: Porch: Yes
  • Exterior: Shrubs: Yes
  • Exterior: Wooded: Yes
  • Waterfront Features:Pier: Yes
  • Waterfront Features:Seawall: Yes
  • Exterior: Covered Patio: Yes
  • Waterfront Features:Boat House: Yes
  • Waterfront Features:Boat Slip: Yes
  • Exterior: Sprinkler: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • General Property Description:Garage Stall2: 0
  • General Property Description:Garage Remarks2: Carport

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Central (Gas), Central (Elec)
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Utilities Fuel: Alabama Power: Yes
  • Utilities Fuel: Cable T V Available: Yes
  • Heating:Central (Elec): Yes
  • Heating:Central (Gas): Yes

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Lot Size Sq Ft: 78408.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2013
Closed on
Feb 7, 2014
Sold by
Donald J Donald J and Jones Patricia G
Bought by
King Curtis J and King Marilyn C
Seller's Agent
Randall Rogers
Lake Martin Realty - Willow Point
Buyer's Agent
Mimi Rush, Ed.D.
ERA Lake Martin Realty - Equality
List Price
$750,000
Sold Price
$505,000
Premium/Discount to List
-$245,000
-32.67%
Current Estimated Value
$1,060,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,663
Avg. Annual Appreciation
6.15%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
King Curtis J $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Living Trust $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Off Market $505,000 -- --
02/07/2014 02/07/14 Sold $505,000 -32.7% $133 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
03/19/2012 03/19/12 For Sale $750,000 -- $197 / Sq Ft
Source: Lake Martin Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,781 $109,220 $0 $0
2023 $2,781 $1,092,350 $302,330 $790,020
2022 $1,942 $155,356 $58,704 $96,652
2021 $1,770 $141,556 $58,704 $82,852
2020 $1,615 $129,176 $58,704 $70,472
2019 $1,425 $116,872 $61,640 $55,232
2018 $1,585 $123,812 $58,704 $65,108
2017 $1,433 $57,300 $29,359 $27,941
2016 $1,483 $114,572 $58,704 $55,868
2014 $1,426 $550,100 $268,790 $281,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 12-287

APN: 06-01-02-0-002-003000-0