$685,000
SOLD JUN 9, 2025

720 Morrison Rd Equality, AL 36026

2 Beds
1 Bath
1,276 Sq Ft
1972 Built

Recently Sold

$537 Per Sq Ft

6% Below List Price

22 Days on Market

Highlights

  • 175 Feet of Waterfront
  • Pier
  • Deck
  • Eclectic Elementary School Rated A-
  • Boat Ramp
  • Traditional Architecture

About This Home

As of June 2025

Rare opportunity to own a flat lot with +/-175 ft of waterfront with your own private boat launch. This home boast beautiful views of Lake Martin from the great room. Plenty of room outside for entertaining and enjoying the lake. Nice storage area attached to the carport for all of your lake toys. This is a must see!

Last Agent to Sell the Property

Twila-Connie Team

SELLING LAKE MARTIN Listed on: 04/11/2025

Last Buyer's Agent

NonMember Agent

Non-Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 175 Feet of Waterfront
  • Fenced

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Pier
  • Seawall
  • Boat Ramp
  • Deck

Utilities

  • Central Heating and Cooling System
  • Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 06 01 02 0 002 013.000

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Water Body Name: Lake Martin
  • Subdivision Name: None
  • Directions: From Hwy 22 west turn left onto AL-259S (This becomes AL-9S)Turn left onto Coosa County Road 2, turn right onto Real Island Road, turn left onto Morrison Road
  • Architectural Style: Traditional
  • Building Stories: 1
  • Year Built: 1972
  • Utilities Fuel: Alabama Power: Yes
  • Foundation: Slab: Yes
  • Siding: Vinyl Siding: Yes
  • Floors: Partial Carpet: Yes
  • Cooling: Central( Elec)2: Yes
  • Floors: Tile2: Yes
  • Sewage: Septic: Yes
  • Exterior: Deck: Yes
  • Waterfront Frontage: +/-175 ft
  • Utilities Fuel: Propane: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Roof: Metal: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Flooring: Partial Carpet, Tile
  • Appliances:Oven (Elec): Yes
  • Appliances:Range (Elec): Yes

Exterior Features

  • Lot Features: Waterfront
  • Waterfront Features: Boat Ramp, Pier, Seawall
  • Waterfront: Yes
  • Disclosures: Lead-based Paint
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Waterfront Features:Pier: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:Boat Ramp: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Carport
  • General Property Description:Garage Stall2: 2
  • General Property Description:Garage Remarks2: Carport

Utilities

  • Cooling: Central (Elec)
  • Cooling Y N: Yes
  • Heating: Central (Elec)
  • Heating Yn: Yes
  • Utilities: City Utilities, Propane
  • Heating:Central (Elec): Yes

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Parcel #: 06 01 02 0 002 013.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2025
Closed on
Jun 9, 2025
Sold by
Mann Faye J and Bryant Faye J
Bought by
Collier Edward and Collier Andrea
Seller's Agent
Twila-Connie Team
SELLING LAKE MARTIN
Buyer's Agent
NonMember Agent
Non-Member
List Price
$725,000
Sold Price
$685,000
Premium/Discount to List
-$40,000
-5.52%
Views
30
Current Estimated Value
$689,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,097
Avg. Annual Appreciation
232.26%
Original Mortgage
$450,000
Outstanding Balance
$450,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$486,000
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $685,000 None Listed On Document
Warranty Deed $685,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Closed $450,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Sold $685,000 -5.5% $537 / Sq Ft
05/03/2025 05/03/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $725,000 -- $568 / 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 -- $48,940 $0 $0
2023 $0 $489,530 $219,870 $269,660
2022 $0 $38,545 $21,347 $17,198
2021 $753 $36,145 $21,347 $14,798
2020 $753 $33,985 $21,347 $12,638
2019 $753 $32,402 $22,414 $9,988
2018 $0 $31,594 $21,347 $10,247
2017 $99 $30,120 $21,344 $8,776
2016 $753 $30,124 $21,347 $8,777
2014 -- $283,930 $195,480 $88,450
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 25-1567

APN: 06-01-02-0-002-013000-0