NOT LISTED FOR SALE

150 Elm Dr Equality, AL 36026

Estimated Value: $810,020 - $849,000

3 Beds
2 Baths
1,500 Sq Ft
$553/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $575,000 $383 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,858/month

66 Days on Market

About This Home

As of October 2020

This charming Real Island lake cabin is nestled on a large wooded lot and offers EVERYTHING you expect when you want to experience the lake life! And, it comes furnished! With 0.82 acres, you have plenty of cushion from the neighbors and room to expand if you want. Over 300 ft of water- it's great place to swim and float. Double boat house, 2 sun piers, a floating dock and seadoo lift. Plenty of deck space for grilling and entertaining. The cabin will impress with its vaulted tongue and grove ceilings throughout. The large great room offers great views of the lake. But, you will spend all of your time in the sunroom. Windows on all 3 sides offer a panoramic view of the lake. Lots of updates within the past 5 years! Grab your swimsuit and come on!!

Last Listed By

Cathy Thornton

ReMax Cornerstone Realty License #69294 Listed on: 08/06/2020

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,103

Year Built

1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.82
  • Water Body Name: Lake Martin
  • Subdivision Name: None
  • Directions: From Hwy 9 - Take Coosa Co 2/ Right onto Real Island Rd/ Left onto Birch at the Fire Dept/ Right onto Elm
  • Architectural Style: Lake Home
  • Building Stories: 1
  • Year Built: 1972
  • Waterfront Frontage: Approx 330
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Wall to Wall Carpet, Tile
  • Appliances:Water Heater (Elec): Yes
  • Appliances:Range (Elec): Yes
  • Appliances:Ice Machine: Yes

Exterior Features

  • Lot Features: Waterfront, Lot Remarks
  • Waterfront Features: Pier, PWC Lift, Boat House, Seawall
  • Waterfront: Yes
  • Disclosures: Lead-based Paint
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck
  • Roof: Metal, See Remarks
  • Waterfront Features:Pier: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:Boat House: Yes
  • Waterfront Features:PWC Lift: Yes

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Central (Elec), Heat Pump
  • Heating Yn: Yes
  • Heating:Central (Elec): Yes
  • Heating:Heat Pump: Yes

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Lot Size Sq Ft: 35719.2
  • Parcel #: 06-01-02-0-002-036000-0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 29, 2020
Sold by
Braswell Fred O and Braswell Sandra J
Bought by
Hankins Daniel Todd and Hankins Bethany M
Seller's Agent
Cathy Thornton
ReMax Cornerstone Realty
Buyer's Agent
Westly Woods
RE/MAX Cornerstone Realty
List Price
$619,900
Sold Price
$575,000
Premium/Discount to List
-$44,900
-7.24%
Total Days on Market
66
Current Estimated Value
$829,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,510
Avg. Annual Appreciation
8.37%
Original Mortgage
$460,000
Outstanding Balance
$413,742
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$415,768

Range of Values:

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Average Value
Not Available
List Price
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
Hankins Daniel Todd $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hankins Daniel Todd $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Off Market $575,000 -- --
10/14/2020 10/14/20 Sold $575,000 -7.2% $383 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $619,900 -- $413 / 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 $3,103 $610,520 $365,530 $244,990
2023 $3,103 $610,520 $365,530 $244,990
2022 $2,552 $102,076 $70,976 $31,100
2021 $2,445 $97,796 $70,976 $26,820
2020 $1,175 $46,988 $35,488 $11,500
2019 $1,116 $46,402 $37,262 $9,140
2018 $1,189 $45,785 $35,488 $10,297
2017 $1,107 $44,280 $35,492 $8,788
2016 $1,157 $44,275 $35,488 $8,787
2014 $1,085 $413,550 $324,980 $88,570
Source: Public Records

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Source: Lake Martin Area Association of REALTORS®

MLS Number: 20-946

APN: 06-01-02-0-002-036000-0