NOT LISTED FOR SALE

95 Cherry Ln Equality, AL 36026

Estimated Value: $566,458 - $645,000

3 Beds
2 Baths
1,560 Sq Ft
$388/Sq Ft Est. Value

Last Sold June 06, 2019

Last sale price $368,000 $236 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,523/month

104 Days on Market

Highlights

  • Boathouse
  • 120 Feet of Waterfront
  • Boat Ramp
  • Eclectic Elementary School Rated A-
  • Pier
  • Wooded Lot

About This Home

As of June 2019

PRICED TO SELL! This 3 BR, 1.5 BA 1960's concrete block cabin with big water VIEWS in the Real Island area has a spacious living area w/ stone fireplace, high ceilings, and open flow into the kitchen area for family gatherings. Brick fire pit, screened porch, 2 docks & boathouses, concrete seawall, boat ramp, good water.

Last Agent to Sell the Property

John Coley

Lake Martin Voice Realty License #76098 Listed on: 01/16/2019

Last Buyer's Agent

Tony Goss

RealtySouth Lake Martin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,672

Year Built

  • Built in 1962

Lot Details

  • 120 Feet of Waterfront
  • Wooded Lot

Parking

  • No Garage

Home Design

  • Lake House
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Screened Porch

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pier
  • Seawall
  • Boat Ramp
  • Boathouse
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06 01 11 0 001 058.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,672

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Water Body Name: Lake Martin
  • Directions: Follow County Road 2 to Real Island Road. Turn Right on Real Island Road, turn Right on Castleberry Road, Left on Barlow Road, Right on Fern Road, Right on Sanders Road and Left on Cherry Lane. Home is on the left.
  • Architectural Style: Lake Home
  • Building Area Total: 1560.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1962
  • Utilities Fuel: Alabama Power: Yes
  • Foundation: Slab: Yes
  • Cooling: Central( Elec)2: Yes
  • Exterior: Patio: Yes
  • Roof: Architectural: Yes
  • Floors: Tile2: Yes
  • Floors: Laminate: Yes
  • Sewage: Septic: Yes
  • Exterior: Wooded: Yes
  • Waterfront Frontage: 120 ft +/-
  • Appliances Refrigerators: Yes
  • Exterior: Screen Porch: Yes
  • Floors: Wallto Wall Carpet: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wall to Wall Carpet, Tile, Laminate
  • 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: Boat Ramp, Pier, Boat House, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Exterior Features: Screen Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Architectural
  • Waterfront Features:Pier: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:Boat Ramp: Yes
  • Waterfront Features:Boat House: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • General Property Description:Garage Stall2: 0
  • General Property Description:Garage Remarks2: No Garage

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 #: 06 01 11 0 001 058.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2019
Closed on
Jun 5, 2019
Sold by
Jenkins Michael and Jenkins Julie
Bought by
Posey Keaton A and Mckeen Posey Kayla
Seller's Agent
John Coley
Lake Martin Voice Realty
Buyer's Agent
Tony Goss
RealtySouth Lake Martin
List Price
$389,900
Sold Price
$368,000
Premium/Discount to List
-$21,900
-5.62%
Current Estimated Value
$602,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,686
Avg. Annual Appreciation
12.07%
Original Mortgage
$331,200
Outstanding Balance
$294,163
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$449,943
Source: Public Records

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
Posey Keaton A $368,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Posey Keaton A $331,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Off Market $270,000 -- --
06/22/2023 06/22/23 Off Market $368,000 -- --
06/06/2019 06/06/19 Sold $368,000 -5.6% $236 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $389,900 +44.4% $250 / Sq Ft
07/18/2016 07/18/16 Sold $270,000 -22.6% $161 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
03/24/2015 03/24/15 For Sale $349,000 -- $208 / 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 $2,672 $104,880 $0 $0
2023 $2,672 $524,390 $293,550 $230,840
2022 $2,139 $78,548 $50,000 $28,548
2021 $1,861 $74,408 $50,000 $24,408
2020 $1,768 $70,688 $50,000 $20,688
2019 $1,654 $68,628 $52,500 $16,128
2018 $1,707 $65,784 $50,000 $15,784
2017 $1,587 $63,460 $49,997 $13,463
2016 $944 $71,454 $57,990 $13,464
2014 $884 $333,250 $265,520 $67,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 19-91

APN: 06-01-11-0-001-058000-0