NOT LISTED FOR SALE

1790 Real Island Rd Equality, AL 36026

Estimated Value: $1,819,573

4 Beds
3 Baths
2,220 Sq Ft
$820/Sq Ft Est. Value

Sale Details

Date Sold: September 22, 2022

Last sale price $1,621,230 $730 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,064 / mo

17 Days on Market

Highlights

  • Boathouse
  • 188 Feet of Waterfront
  • Boat Slip
  • Eclectic Elementary School Rated A-
  • Pier
  • Covered Deck

About This Home

As of September 2022

Life couldn't be better on Lake Martin than this 4 Bedroom 3 Bath home constructed in 2014 near Real Island. Enjoy the Level Lot, Grand View, Great Water. 2 Sandy Beaches, Covered Boat Slip w/ Lift, and so much more.

This beauty comes fully furnished and has two separate parcels for over 2 acres of property. Make your appointment today and enjoy fabulous Lake Martin.

Last Agent to Sell the Property

John Franklin

Lake Homes Realty of Central Alabama License #99066 Listed on: 08/17/2022

Lake Homes Realty of Central Alabama

Co-Listed By

Gordon Pickler

Lake Homes Realty of Central Alabama

Last Buyer's Agent

lma.rets.coleyj

lma.rets.RETS_OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 1.03 Acre Lot
  • 188 Feet of Waterfront
  • Fenced
  • Sprinkler System
  • Wooded Lot

Parking

  • Parking Pad

Home Design

  • Lake House
  • Slab Foundation
  • Architectural Shingle Roof
  • HardiePlank Siding

Interior Spaces

  • 2,220 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Property Views

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Seawall
  • Boat Slip
  • Boathouse
  • Covered Deck
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06-01-02-0-002-045000-0 & 06-01-02-0-002-04500-1

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

1.03 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Water Body Name: Lake Martin
  • Co List Office Mls Id: lakebreezelm
  • Co List Office Phone: 334-857-2141
  • Subdivision Name: None
  • Directions: From Coosa Co Rd 2 turn Right onto Real Island Rd. House will be 1.9 miles on the right.
  • Architectural Style: Lake Home
  • Building Area Total: 2220.0
  • Building Stories: 2
  • Year Built: 2014
  • Utilities Fuel: Alabama Power: Yes
  • Foundation: Slab: Yes
  • Utilities Fuel: Cable T V: Yes
  • Cooling: Heat Pump2: Yes
  • Roof: Architectural: Yes
  • Floors: Tile2: Yes
  • Sewage: Septic: Yes
  • Exterior: Deck: Yes
  • Exterior: Shrubs: Yes
  • Exterior: Wooded: Yes
  • Waterfront Frontage: 188
  • Siding: Hardi-plank: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Exterior: Covered Deck: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Floors: Wallto Wall Carpet: Yes
  • Exterior: Sprinkler: Yes
  • Exterior: Gutters: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wall to Wall Carpet, Tile
  • Fireplace:Wood Burning: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Water Heater (Elec): Yes
  • Appliances:Range (Elec): Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Lot Features: Waterfront, Lot Remarks, Wooded, Views
  • Waterfront Features: Pier, Boat Slip, Boat House, Seawall
  • Waterfront: Yes
  • Construction Type: HardiPlank Type
  • Exterior Features: Covered Deck, Gutters, Shrubs, Sprinkler
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Architectural
  • Lot Features:Wooded2: Yes
  • Waterfront Features:Pier: Yes
  • Waterfront Features:Seawall: Yes
  • Lot Features:Views: Yes
  • Waterfront Features:Boat House: Yes
  • Waterfront Features:Boat Slip: Yes

Garage/Parking

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

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: Alexander City

Lot Info

  • Lot Size Sq Ft: 44866.8
  • Parcel #: 06-01-02-0-002-045000-0 & 06-01-02-0-002-04500-1
  • Zoning: Residential Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Sep 22, 2022
Sold by
Giere Laura E
Bought by
Truss Wiley
Seller's Agent
John Franklin
Lake Homes Realty of Central Alabama
Buyer's Agent
lma.rets.coleyj
lma.rets.RETS_OFFICE
List Price
$1,550,000
Sold Price
$1,621,230
Premium/Discount to List
$71,230
4.6%
Current Estimated Value
$1,819,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,343
Avg. Annual Appreciation
3.27%
Original Mortgage
$1,071,230
Outstanding Balance
$1,019,015
Interest Rate
5.56%
Mortgage Type
Construction
Estimated Equity
$800,558
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Truss Wiley $1,621,230 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truss Wiley $1,071,230
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2023 06/22/23 Off Market $1,621,230 -- --
09/22/2022 09/22/22 Sold $1,621,230 +4.6% $730 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $1,550,000 -- $698 / Sq Ft
Source: Lake Martin Area Association of REALTORS®

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
2025 $5,801 $230,020 $0 $0
2024 $5,801 $214,980 $0 $0
2023 $5,425 $1,081,110 $478,020 $603,090
2022 $4,134 $165,322 $92,820 $72,502
2021 $3,887 $155,442 $92,820 $62,622
2020 $3,662 $146,442 $92,820 $53,622
2019 $3,376 $139,644 $97,462 $42,182
2018 $3,556 $137,584 $92,820 $44,764
2017 $3,267 $130,680 $92,817 $37,863
2016 $3,317 $130,684 $92,820 $37,864
2014 $2,446 $479,060 $425,000 $54,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 22-872

APN: 06-01-02-0-002-045000-0

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