NOT LISTED FOR SALE

45 Plum Dr Equality, AL 36026

Estimated Value: $796,024 - $928,000

4 Beds
2 Baths
-- Sq Ft
1.5 Acres

Last Sold May 20, 2020

Last sale price $540,000

Est. 60% increase in value since last sale

Current estimated payment $4,734/month

31 Days on Market

Highlights

  • Waterfront
  • Eclectic Elementary School Rated A-
  • Cabin

About This Home

As of May 2020

This is the classic Lake Martin cabin with all the charm and character you want in your lake getaway. 4 bedrooms and 2 baths with a huge screened porch overlooking 427 feet of waterfront. Point lot with deep water. Very private 1.5 acre lot. Panoramic long range views and perfect serenity await you here . Boat ramp and enclosed boat house with winch. Easy to add on bedrooms or expand kitchen. Covered dock with water slide. Watch the beautiful sunsets and create everlasting memories here with family and friends .Furniture is negotiable

Last Agent to Sell the Property

Randall Rogers

Legendary Real Estate & Investments License #18964 Listed on: 03/25/2020

Last Buyer's Agent

Randall Rogers

Randall Rogers & Assocites

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,972

Year Built

  • Built in 1961

Lot Details

  • 1.5 Acre Lot
  • Waterfront

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Cabin

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,972

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Water Body Name: Lake Martin
  • Subdivision Name: None
  • Directions: from Old Steel or Coosa 2 , take real island road(toward marina- the right on Davis , the right on Plum- first driveway on left
  • Architectural Style: Cabin
  • Building Stories: 2
  • Year Built: 1961
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Waterfront, Lot Remarks
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Basement
  • General Property Description:Garage Stall2: 1
  • General Property Description:Garage Remarks2: Basement

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Lot Size Sq Ft: 65340.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2020
Closed on
May 20, 2020
Sold by
Johnson D Kyle
Bought by
Caine William H and Caine Keller R
Seller's Agent
Randall Rogers
Legendary Real Estate & Investments
Buyer's Agent
Randall Rogers
Randall Rogers & Assocites
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Current Estimated Value
$862,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,012
Avg. Annual Appreciation
9.03%
Original Mortgage
$405,000
Outstanding Balance
$358,886
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$503,126
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
Caine William H $540,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caine William H $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2023 06/22/23 Off Market $540,000 -- --
05/20/2020 05/20/20 Sold $540,000 -1.8% --
04/26/2020 04/26/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $550,000 -- --
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 $1,972 $71,840 $0 $0
2023 $1,846 $717,960 $403,100 $314,860
2022 $1,480 $118,374 $78,272 $40,102
2021 $1,424 $113,234 $78,272 $34,962
2020 $1,244 $99,464 $78,272 $21,192
2019 $1,195 $99,398 $82,186 $17,212
2018 $1,249 $95,952 $78,272 $17,680
2017 $1,172 $46,880 $39,139 $7,741
2016 $1,222 $93,752 $78,272 $15,480
2014 $1,141 $436,160 $358,380 $77,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 20-367

APN: 06-02-10-0-003-008000-0