NOT LISTED FOR SALE

2225 Real Island Rd Equality, AL 36026

Estimated Value: $738,221 - $857,000

3 Beds
2 Baths
1,040 Sq Ft
$767/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $475,000 $457 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,507/month

56 Days on Market

Highlights

  • 323 Feet of Waterfront
  • Pier
  • Wooded Lot
  • Eclectic Elementary School Rated A-
  • Deck
  • Lake House

About This Home

As of May 2019

Sunrises, sunsets and flip flops! All three can be enjoyed from this rustic cabin. Located close to big water, this flat, point lot is close to an island. Not only beautiful to see from the cabin but the island also protects you from boat traffic. Are you looking for a lake cabin while yearning for the yesteryears at the Lake? Take a look at 2225 Real Island Road - modern conveniences with a feel for the old days at Lake Martin. Enjoy Lake Martin like it was the good ole days at 2225 Real Island Road. The views here are incredible! Sunrises with coffee, sunsets with a cold drink, and a nearby island are framed around the big water views.Take your pick of several screened porches as you catch up with family or just relax.Inside, the home has 3 bedrooms and 2 bathrooms, a cozy kitchen and 2 different fireplaces!Check out this incredible lot! With over 300 feet of waterfront, the home sits on a flat, wooded lot with year round water.It also has a prime location near Real Island Marina. Since it is on the southwest side of Lake Martin, it is also a short ride to waterfront restaurants like The Landing at Parker Creek and Kowaliga!

Last Agent to Sell the Property

John Coley

Lake Martin Voice Realty License #76098 Listed on: 02/13/2019

Last Buyer's Agent

Amy Duncan

Russell Lands On Lake Martin - Crossroads

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 1965

Lot Details

  • 323 Feet of Waterfront
  • Fenced
  • Wooded Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Lake House
  • Architectural Shingle Roof
  • Metal Roof

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Screened Porch
  • Basement

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pier
  • Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 29 06 01 01 0002 020.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,348

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Water Body Name: Lake Martin
  • Directions: From Montgomery - Take AL Hwy 9 aka Central Plank Rd, Turn Right onto Little Steel Bridge Rd, Right on Coosa Co Rd 2, Right on Coosa Co Rd 487 then continue on Real Island Road. Home is on the left.
  • Architectural Style: Lake Home
  • Building Area Total: 1040.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1965
  • Utilities Fuel: Alabama Power: Yes
  • Cooling: Central( Elec)2: Yes
  • Roof: Architectural: Yes
  • Floors: Tile2: Yes
  • Sewage: Septic: Yes
  • Exterior: Deck: Yes
  • Exterior: Porch: Yes
  • Exterior: Wooded: Yes
  • Waterfront Frontage: 323 ft. +/-
  • Floors: Wood Floors: Yes
  • Exterior: Covered Patio: Yes
  • Exterior: Screen Porch: Yes
  • Roof: Metal: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood, Tile
  • Foundation: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven (Elec): Yes
  • Appliances:Water Heater (Elec): Yes
  • Appliances:Range (Elec): Yes

Exterior Features

  • Lot Features: Waterfront, Lot Remarks, Wooded
  • Waterfront Features: Pier
  • Waterfront: Yes
  • Construction Type: Block
  • Exterior Features: Covered Patio, Screen Porch
  • Foundation Details: Basement
  • Patio And Porch Features: Deck, Porch
  • Roof: Architectural, Metal
  • Waterfront Features:Pier: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached
  • General Property Description:Garage Stall2: 1
  • General Property Description:Garage Remarks2: Attached

Utilities

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

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Parcel #: 29 06 01 01 0002 020.000

Tax Info

  • Tax Annual Amount: 1348.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2019
Closed on
May 15, 2019
Sold by
Bailey Joseph M and Joseph M Bailey Revocable Trus
Bought by
File Keith Nelson and File Amy Burge
Seller's Agent
John Coley
Lake Martin Voice Realty
Buyer's Agent
Amy Duncan
Russell Lands On Lake Martin - Crossroads
List Price
$529,000
Sold Price
$475,000
Premium/Discount to List
-$54,000
-10.21%
Current Estimated Value
$792,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,307
Avg. Annual Appreciation
8.16%
Original Mortgage
$380,000
Outstanding Balance
$336,868
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$438,290
Source: Public Records

Range of Values:

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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
File Keith Nelson $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open File Keith Nelson $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Off Market $475,000 -- --
05/15/2019 05/15/19 Sold $475,000 -10.2% $457 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $529,000 -- $509 / 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 $2,031 $79,240 $0 $0
2023 $2,031 $792,050 $406,320 $385,730
2022 $1,533 $122,652 $78,898 $43,754
2021 $1,455 $116,412 $78,898 $37,514
2020 $1,385 $110,792 $78,898 $31,894
2019 $1,299 $107,856 $82,842 $25,014
2018 $1,359 $104,798 $78,898 $25,900
2017 $1,261 $50,440 $39,426 $11,014
2016 $1,312 $100,938 $78,898 $22,040
2014 $1,231 $472,340 $361,250 $111,090
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    John Coley

    Lake Martin Voice Realty

    (334) 221-5862

    70 Total Sales

    Section Image

  • A

    Buyer's Agent in 2019

    Amy Duncan

    Russell Lands On Lake Martin - Crossroads

  • J

    Buyer Co-Listing Agent in 2019

    Judy Ward

    ERA Lake Martin Realty - Equality

  • J

    Buyer Co-Listing Agent in 2019

    Judy Voss

    Lake Martin Realty - Willow Point

    (256) 794-0779

    20 Total Sales

    Section Image
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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 19-231

APN: 06-01-01-0-002-020000-0

Alabama Elmore County Equality 36026

2225 Real Island Rd, Equality, AL

This home is located at 2225 Real Island Rd, Equality, AL 36026 since 13 February 2019 and is currently estimated at $797,611, approximately $766 per square foot. This property was built in 1965. 2225 Real Island Rd is a home located in Elmore County with nearby schools including Eclectic Elementary School, Eclectic Middle School, and Elmore County High School.

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