NOT LISTED FOR SALE

150 Elm Dr Equality, AL 36026

Estimated Value: $803,598 - $820,000

3 Beds
2 Baths
1,500 Sq Ft
$541/Sq Ft Est. Value

Last Sold October 14, 2020

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

Est. 41% increase in value since last sale

Current estimated payment $4,525/month

66 Days on Market

Highlights

  • Boathouse
  • 330 Feet of Waterfront
  • Jet Ski or Personal Watercraft Lift
  • Eclectic Elementary School Rated A-
  • Pier
  • Deck

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 Agent to Sell the Property

Cathy Thornton

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

Last Buyer's Agent

Westly Woods

RE/MAX Cornerstone Realty License #110289

RE/MAX Cornerstone Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,316

Year Built

  • Built in 1972

Lot Details

  • 0.82 Acre Lot
  • 330 Feet of Waterfront
  • Fenced

Home Design

  • Lake House
  • Wood Walls
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space

Kitchen

  • Electric Range
  • Ice Maker

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Seawall
  • Jet Ski or Personal Watercraft Lift
  • Boathouse
  • Deck

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 06-01-02-0-002-036000-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,316

Year Built

Built in 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
  • Utilities Fuel: Alabama Power: Yes
  • Cooling: Heat Pump2: Yes
  • Foundation: Crawl Space: Yes
  • Siding: Wood Siding: Yes
  • Floors: Tile2: Yes
  • Sewage: Septic: Yes
  • Exterior: Deck: Yes
  • Waterfront Frontage: Approx 330
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Floors: Wallto Wall Carpet: Yes
  • Walls: Wood2: Yes
  • Roof: Metal: 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%
Current Estimated Value
$811,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,799
Avg. Annual Appreciation
7.05%
Original Mortgage
$460,000
Outstanding Balance
$407,291
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$404,508
Source: Public Records

Range of Values:

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Average Value
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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
Hankins Daniel T $575,000 --
Source: Public Records

Mortgage History

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

Property History

Date Event Price List to Sale Price per Sq Ft
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 $3,316 $122,100 $0 $0
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

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cathy Thornton

    RE/MAX

  • Westly Woods

    Buyer's Agent in 2020

    Westly Woods

    RE/MAX

    (334) 315-2515

    266 Total Sales

    Westly Woods
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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 20-946

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

Alabama Elmore County Equality 36026

150 Elm Dr, Equality, AL

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