NOT LISTED FOR SALE

1936 Castaway Island Rd Eclectic, AL 36024

Estimated Value: $1,047,000 - $1,432,231

2 Beds
1 Bath
-- Sq Ft
0.26 Acres

Last Sold July 31, 2019

Last sale price $360,000

Est. 191% increase in value since last sale

Current estimated payment $5,742/month

85 Days on Market

Highlights

  • Pier
  • Wooded Lot
  • Porch
  • Waterfront
  • 1 Fireplace
  • Window Unit Cooling System

About This Home

As of July 2019

This is a must see cabin with a big water view. It has 2 bedrooms with 1 bath and is a throwback to the simpler days on the lake. It has a neatly decorated interior and is only steps away from the water. No seawall needed here as you just step right into the water from the natural white sandy beach. The gazebo by the water is a great place for entertaining. Located on Castaway Island this almost flat lot is convenient to local stores (including $ General), marinas and restaurants.Montgomery and Auburn are only 40 minutes away. Call today.

Last Agent to Sell the Property

John McInnish

Lake Martin Realty - Willow Point License #104294 Listed on: 02/28/2019

Co-Listed By

Damon Story

Lake Martin Realty - Willow Point License #100006

Last Buyer's Agent

Damon Story

Lake Martin Realty - Ourtown License #10006

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,112

Year Built

  • Built in 1960

Lot Details

  • Waterfront
  • Wooded Lot

Parking

  • Parking Pad

Home Design

  • Cabin
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Propane
  • Electric Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,112

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Water Body Name: Lake Martin
  • Co List Office Mls Id: lmrourtown
  • Co List Office Phone: 256-212-1498
  • Directions: From highway 63 turn south on 229, left on Castaway Island Rd. Once on the island look for the company sign on the right.
  • Architectural Style: Cabin
  • Building Stories: 1
  • Year Built: 1960
  • Utilities Fuel: Alabama Power: Yes
  • Foundation: Slab: Yes
  • Roof: Composition: Yes
  • Floors: Partial Carpet: Yes
  • Utilities Fuel: Cable T V: Yes
  • Floors: Tile2: Yes
  • Floors: Laminate: Yes
  • Exterior: Porch: Yes
  • Exterior: Wooded: Yes
  • Utilities Fuel: Propane: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Sewage: Community Sewer: Yes
  • Cooling: Window Unit: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Partial Carpet, Tile, Laminate
  • Appliances Dishwasher: Yes
  • Appliances:Oven (Elec): Yes
  • Appliances:Water Heater (Elec): Yes

Exterior Features

  • Lot Features: Waterfront, Wooded
  • Waterfront Features: Pier
  • Waterfront: Yes
  • Disclosures: Lead-based Paint
  • Construction Type: Block
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Roof: Composition
  • Waterfront Features:Pier: 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: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Utilities: Propane, Cable Available
  • Heating:Other3: Yes

Schools

  • Junior High Dist: Call Superintendent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
Jul 29, 2019
Sold by
Davidson Margaret E
Bought by
Hughes Heath M and Hughes Larissa G
Seller's Agent
John McInnish
Lake Martin Realty - Willow Point
Buyer's Agent
Damon Story
Lake Martin Realty - Willow Point
List Price
$419,900
Sold Price
$360,000
Premium/Discount to List
-$59,900
-14.27%
Current Estimated Value
$1,047,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$687,462
Avg. Annual Appreciation
20.60%
Original Mortgage
$288,000
Outstanding Balance
$251,403
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$913,405

Purchase Details

Listed on
Feb 28, 2019
Closed on
Jul 19, 2019
Sold by
Alabama Power Company
Bought by
Davidson Margaret E
Seller's Agent
John McInnish
Lake Martin Realty - Willow Point
Buyer's Agent
Damon Story
Lake Martin Realty - Willow Point
List Price
$419,900
Sold Price
$360,000
Premium/Discount to List
-$59,900
-14.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$251,403
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$913,405
Source: Public Records

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
Hughes Heath M $360,000 None Available
Davidson Margaret E $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Heath M $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2023 06/22/23 Off Market $360,000 -- --
07/31/2019 07/31/19 Sold $360,000 -14.3% --
05/25/2019 05/25/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $419,900 -- --
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 $3,112 $114,480 $0 $0
2023 $2,912 $1,152,920 $334,750 $818,170
2022 $2,087 $166,908 $65,000 $101,908
2021 $3,104 $119,048 $65,000 $54,048
2020 $911 $72,854 $65,000 $7,854
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    John McInnish

    Lake Martin Realty - Willow Point

    (334) 415-2149

    27 Total Sales

    John McInnish
    Section Image

  • D

    Seller Co-Listing Agent in 2019

    Damon Story

    Lake Martin Realty - Willow Point

    (205) 789-9526

    43 Total Sales

    Damon Story
    Section Image
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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 19-322

APN: 07-06-14-0-001-002.018

Alabama Elmore County Eclectic 36024

1936 Castaway Island Rd, Eclectic, AL

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