NOT LISTED FOR SALE

1865 Real Island Rd Equality, AL 36026

Estimated Value: $1,255,000

3 Beds
2 Baths
1,888 Sq Ft
$665/Sq Ft Est. Value

Last Sold December 03, 2018

Last sale price $405,000 $215 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $7,105/month

102 Days on Market

About This Home

As of December 2018

FLAT LOT! BIG WATER VIEW! DESIRED PRIVACY! Lots like this one on Lake Martin are few and far between! Point lot with over 260 ft of water frontage! This quaint 3 bedroom / 2 bath cabin is perfect for weekend get-aways or year round lake living! Open floor plan with views of the water from the kitchen, great room, Master and guest bedroom. The 0.98 acre lot allows you the privacy you desire when you are lounging around the lake. Imagine sitting on your deck or pier gazing out at beautiful Lake Martin without a care in the world! Give yourself the life you deserve! Buy now!

Last Listed By

Cathy Thornton

ReMax Cornerstone Realty License #69294 Listed on: 07/30/2018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,767

Year Built

1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Water Body Name: Lake Martin
  • Directions: Hwy 9 to Co Rd 55 ( Little Steel Bridge Rd)at the end, turn right onto Coosa Co 2/ Right onto Real Island Rd House is on the left
  • Architectural Style: Lake Home
  • Building Stories: 1
  • Year Built: 1970
  • Waterfront Frontage: 270
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wall to Wall Carpet, Wood, Tile
  • Foundation: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Lot Features: Waterfront, Lot Remarks, Wooded
  • Waterfront Features: Pier, Boat House, Seawall
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Shrubs
  • Foundation Details: Basement, Crawl Space
  • Patio And Porch Features: Deck, Patio
  • Roof: Tar/Gravel, Composition
  • Waterfront Features:Pier: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:Boat House: Yes

Garage/Parking

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

Utilities

  • Cooling: Central (Elec)
  • Cooling Y N: Yes
  • Heating: Central (Elec)
  • Heating Yn: Yes
  • Utilities: Electricity Available
  • Heating:Central (Elec): Yes

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Zoning: Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Alabama Power Company
Bought by
Locklar Benjamin L and Locklar Lisa M
Total Days on Market
102
Current Estimated Value
$1,255,000

Purchase Details

Listed on
Jul 30, 2018
Closed on
Oct 12, 2018
Sold by
Bell Chester K and Bell Sylvia S
Bought by
Locklar Benjamin L
Seller's Agent
Cathy Thornton
ReMax Cornerstone Realty
Buyer's Agent
Cathy Thornton
RE/MAX Cornerstone Realty
List Price
$465,000
Sold Price
$405,000
Premium/Discount to List
-$60,000
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.23%

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
Locklar Benjamin L $90,000 None Available
Locklar Benjamin L $405,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Off Market $405,000 -- --
12/03/2018 12/03/18 Sold $405,000 -12.9% $215 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $465,000 -- $246 / 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 $1,767 $703,840 $364,620 $339,220
2023 $1,767 $703,840 $364,620 $339,220
2022 $1,373 $56,616 $35,400 $21,216
2021 $1,294 $53,456 $35,400 $18,056
2020 $1,266 $50,616 $35,400 $15,216
2019 $1,179 $97,792 $74,340 $23,452
2018 $1,244 $95,908 $70,800 $25,108
2017 $457 $45,980 $35,405 $10,575
2016 $1,150 $45,974 $35,400 $10,574
2014 -- $430,940 $324,170 $106,770
Source: Public Records

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Source: Lake Martin Area Association of REALTORS®

MLS Number: 18-854

APN: 06-01-02-0-002-042000-0