NOT LISTED FOR SALE

175 Lakeview Dr Equality, AL 36026

Estimated Value: $840,640

3 Beds
2 Baths
3,017 Sq Ft
$279/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $600,000 $199 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,792/month

35 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Lake House
  • 1 Fireplace
  • Eclectic Elementary School Rated A-
  • Wood Flooring
  • Covered Deck

About This Home

As of August 2020

Beautiful rare property on a double lot. Build a guest cottage or subdivide and develop the adjacent parcel. This property boasts huge views, deep water and over 3000 square feet of living space. The kitchen is beautifully done with a dining area and a lounge! The bedrooms are massive, each able to comfortably accommodate two queen beds. The bathrooms are equally large and comfortable.

The Real Island area is popular and well known to long time lake lovers. There are many private deep water coves to drop anchor & spend the day bobbing in clear beautiful water. You will also be just a short boat ride away from The Landing at Parker Creek. This is a great place to watch the kids swim on the white sandy beach while enjoying a cold drink and lunch... Click more to read owner comments. Special features from the seller's experience:

1. Deep water with a big view.

2. Eastern exposure provides early morning sunrise views and afternoon shade. Perfect for cooling down and relaxing over the grill after a sunny day on the water.

3. The lake bottom has a smooth and sandy bottom (easy on the feet).

4. The large covered porch seems to always have a comfortable breeze coming though.

5. The two deeded, adjoining waterfront lots allow for expansion or investment in a rental property or even a guest cottage.

6. The home is situated only steps from the water, a feature that cannot be duplicated with the current building set back codes.

7. There's plenty of outdoor power access already in place for lifts, outdoor kitchen, living area, etc.

Last Agent to Sell the Property

Michelle Brooks-Slayman

Lake Martin Realty - Dadeville License #86455 Listed on: 06/20/2020

Last Buyer's Agent

Tony Goss

RealtySouth Lake Martin

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 0.63

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Lake House
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,017 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Covered Deck
  • 200 Feet of Waterfront

Listing and Financial Details

  • Assessor Parcel Number 0601110001038000

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Water Body Name: Lake Martin
  • Subdivision Name: None
  • Directions: From Real Island Road, turn right onto Castleberry, Left onto Barlow, right onto Lake View Drive. Follow directional signs.
  • Architectural Style: Lake Home
  • Building Area Total: 3017.0
  • Building Stories: 2
  • Year Built: 1962
  • Utilities Fuel: Alabama Power: Yes
  • Floors: Partial Carpet: Yes
  • Utilities Fuel: Cable T V: Yes
  • Cooling: Heat Pump2: Yes
  • Roof: Architectural: Yes
  • Siding: Wood Siding: Yes
  • Floors: Tile2: Yes
  • Sewage: Septic: Yes
  • Waterfront Frontage: 200
  • Floors: Wood Floors: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Exterior: Covered Deck: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Partial Carpet, Wood, Tile
  • Foundation: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven (Elec): Yes
  • Appliances:Water Heater (Elec): Yes
  • Appliances:Range (Elec): Yes
  • Appliances:Range Hood: Yes
  • Appliances:Garbage Disposal: Yes

Exterior Features

  • Lot Features: Waterfront, Lot Remarks
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Covered Deck
  • Foundation Details: Basement
  • Roof: Architectural

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Carport
  • General Property Description:Garage Stall2: 2
  • General Property Description:Garage Remarks2: Carport

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Heating:Heat Pump: Yes

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Parcel #: 0601110001038000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2020
Closed on
Aug 26, 2020
Sold by
Lee Martha Annette
Bought by
Azar William and Azar Stephanie
Seller's Agent
Michelle Brooks-Slayman
Lake Martin Realty - Dadeville
Buyer's Agent
Tony Goss
RealtySouth Lake Martin
List Price
$639,000
Sold Price
$600,000
Premium/Discount to List
-$39,000
-6.1%
Current Estimated Value
$840,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,640
Avg. Annual Appreciation
6.54%
Original Mortgage
$275,000
Outstanding Balance
$242,933
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$597,707
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Azar William $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azar William $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2023 06/22/23 Off Market $600,000 -- --
08/26/2020 08/26/20 Sold $600,000 -6.1% $199 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $639,000 -- $212 / 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 $4,650 $171,980 $0 $0
2023 $4,350 $859,860 $358,200 $501,660
2022 $3,147 $125,856 $69,554 $56,302
2021 $2,935 $117,396 $69,554 $47,842
2020 $0 $109,816 $69,554 $40,262
2019 $0 $103,974 $73,032 $30,942
2018 $0 $101,970 $69,554 $32,416
2017 $24 $48,380 $34,773 $13,607
2016 $853 $96,770 $69,554 $27,216
2014 $801 $455,810 $318,470 $137,340
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 20-682

APN: 06-01-11-0-001-038000-0