NOT LISTED FOR SALE

221 Pearly Ln Equality, AL 36026

Estimated Value: $1,284,589

5 Beds
4 Baths
3,451 Sq Ft
$372/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $950,000 $275 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,353/month

50 Days on Market

Highlights

  • 219 Feet of Waterfront
  • Mature Trees
  • Vaulted Ceiling
  • Eclectic Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of October 2020

Everything that you could want in a lake home is waiting for you here! This 5-bedroom, 4 bath home on Lake Martin is perfect from the street to the lakeside! A two-story open ceiling maximizes the lake views in the great room and features a large stone fireplace. The gourmet kitchen has stainless appliances, granite counter tops and a center island with seating. The floor plan is well designed providing ample space for family fun, entertaining, and personal space too without being too large. The master suite and bath as well as 2 other bedrooms and bath are located on the main floor and upstairs are 2 bedrooms and 2 baths. Multiple outdoor areas make entertaining easy including a deck and covered porch. An Irrigation system keeps the lawn and scrubs beautiful. The lake area includes the boat house with lift, jet ski parking and a double pier for lots of guest to enjoy.

Last Listed By

Kim Mason

RE/MAX Cornerstone Plus License #0076772 Listed on: 08/28/2020

RE/MAX Cornerstone Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,775

Year Built

  • Built in 2008

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 219 x 220
  • 219 Feet of Waterfront
  • Lake Front
  • Sprinkler System
  • Mature Trees

Parking

  • 4 Driveway Spaces

Home Design

  • Ridge Vents on the Roof
  • Wood Siding

Interior Spaces

  • 3,451 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Blinds
  • Insulated Doors
  • Screened Porch
  • Home Security System

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Balcony
  • Deck

Schools

  • Eclectic Elementary School
  • Eclectic Middle School
  • Elmore County High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Septic Tank
  • Septic System
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06-01-11-0-003-011000-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,775

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Design: 2 Story
  • Total Sq Ft: 3451
  • Year Built: 2008
  • New Construction: No
  • Special Features: None

Interior Features

  • Bathroom Feature: Separate Shower
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Fireplace: Gas Log
  • Flooring: Carpet - Wall to Wall, Hard Tile, Wood
  • Interior Amenities: Blinds/Mini Blinds, Ceiling(s) Vaulted, Dryer, Dryer Connection, Security System, Walk In Closet(s), Washer, Washer Connection, Window Treatments All Remain
  • Kitchen Feature: Breakfast Bar, Dishwasher, Microwave, Pantry, Refrigerator, Smooth Surface, Work Island
  • Room Count: 9

Exterior Features

  • Construction: Wood Siding
  • Exterior Feature: Balcony, Deck, Mature Trees, Porch, Porch-Screened, Satellite Dish, Sprinkler System Underground, Storage-Attached, Water Access
  • Flood: Unknown
  • Foundation: Conventional
  • Pool: No
  • Water Frontage Feet: 219
  • Waterfront Type: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Parking: Driveway

Utilities

  • Cooling: 2 or More Units, Heat Pump
  • Electric Authority: Alabama Power
  • Heating: 2 or More Units, Heat Pump
  • Sewer: Septic System
  • Trash Services: Private
  • Utilities: Electric Power, Propane/Butane Gas
  • Utilities On-site: Electric, Propane/Butane Gas, Public Water, Septic Tank
  • Water: Public
  • Water Authority: Central Elmore Water & Sewer
  • Water Heater: 2 or More Units, Electric

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Elementary School: Eclectic Elementary School
  • Middle School: Eclectic Middle School
  • High School: Elmore County High School

Lot Info

  • Acres: 0.630000
  • Parcel Number: 06-01-11-0-003-011000-0
  • Lot Dimension: 219 X 220

Green Features

  • Energy Features: Double Paned Windows, Insulated Doors, Ridge Vents

Rental Info

  • Leased: No

MLS Schools

  • School Elementary: Eclectic Elementary School
  • School High: Elmore County High School
  • School Middle: Eclectic Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 29, 2020
Sold by
Dansby Ladon and Dansby Michael
Bought by
Goldman Benjamin
Seller's Agent
Kim Mason
RE/MAX Cornerstone Plus
Buyer's Agent
Cathy Varner
Capital Rlty Grp River Region
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%
Total Days on Market
50
Current Estimated Value
$1,284,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,589
Avg. Annual Appreciation
8.00%
Original Mortgage
$510,400
Outstanding Balance
$460,358
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$884,778

Purchase Details

Closed on
Jun 20, 2011
Sold by
J Chad Holley Llc
Bought by
Dansby Ladon

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
Goldman Benjamin $935,000 None Available
Dansby Ladon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldman Benjamin $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $950,000 -4.5% $275 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $995,000 -- $288 / Sq Ft
Source: Montgomery 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 $2,775 $1,089,640 $365,550 $724,090
2023 $2,775 $1,097,640 $365,550 $732,090
2022 $2,063 $164,954 $70,980 $93,974
2021 $1,907 $152,434 $70,980 $81,454
2020 $1,764 $141,014 $70,980 $70,034
2019 $1,582 $130,004 $74,530 $55,474
2018 $1,706 $132,978 $70,980 $61,998
2017 $1,544 $61,740 $35,491 $26,249
2016 $1,594 $123,478 $70,980 $52,498
2014 $1,525 $589,670 $325,000 $264,670
Source: Public Records

Agents Affiliated with this Home

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Source: Montgomery Area Association of REALTORS®

MLS Number: 479220

Montgomery Area Association of REALTORS®

APN: 06-01-11-0-003-011000-0