NOT LISTED FOR SALE

1 Georgetown Rd Paris, KY 40361

Estimated Value: $3,058,098

3.71 Acres
$824,285 Price per Acre
161,608 Sq Ft Lot

Sale Details

Date Sold: December 6, 2021

Last sale price $320,000

Est. 856% increase in value since last sale

Current estimated payment $18,662 / mo

242 Days on Market

About This Lot

As of December 2021

HUGE PRICE REDUCTION. Excellent commercial property close to downtown Paris and the busy intersection of US 460 and the Paris By-Pass. Very little commercial property is currently available in Paris. Tract is adjacent to Meade Tractor and CMWA (Central Motor Wheel of America). Can be divided.

Last Agent to Sell the Property

Stephen West

Principle Brokerage Listed on: 05/12/2021

Last Buyer's Agent

Stephen West

Kentucky Prime Realty, LLC License #193586

Property Details

Property Type

  • Land

Lot Details

  • 3.71 Acre Lot
  • Zoning described as General Commercial

Community Details

  • City Limits Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025-00-00-010.07

Property Details

Property Type

Land

Lot Details

3.71 Acres

Listing Details

  • Property Type: Land
  • Property Sub-Type: Unimproved Land
  • New Construction: No
  • Lot: Lot Size Acres: 3.71
  • Lot: Lot Size Square Feet: 161607.75
  • Other Sold Info: New Construction YN: No
  • Property Details: Floodplain YN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 3.71

Exterior Features

  • List Price: 329000.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Utilities: Electricity Available: Yes
  • Utilities: Water Available: Yes
  • Utilities: Natural Gas Available: Yes
  • Utilities: Sewer Available: Yes

Lot Info

  • Lot Size Acres: 3.71
  • Lot Size Sq Ft: 161607.75
  • Parcel Number: 025-00-00-010.07
  • Zoning Description: General Commercial

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Bought by
Current Estimated Value
$3,058,098

Purchase Details

Listed on
May 12, 2021
Closed on
Dec 8, 2021
Sold by
Bought by
Seller's Agent
Stephen West
Principle Brokerage
Buyer's Agent
Stephen West
Kentucky Prime Realty, LLC
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.41%

Purchase Details

Closed on
May 4, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,668,000
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,668,000
Interest Rate
3.41%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,000,000 None Listed On Document
$320,000 Franklin David A
$320,000 None Listed On Document
-- None Available
$615,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,668,000
Previous Owner $1,668,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 Sold $320,000 0.0% --
06/09/2021 06/09/21 Pending -- -- --
05/12/2021 05/12/21 For Sale -- -- --
03/24/2021 03/24/21 Off Market $320,000 -- --
10/09/2020 10/09/20 For Sale $329,000 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $25,740 $3,000,000 $320,000 $2,680,000
2024 $17,080 $1,970,000 $320,000 $1,650,000
2023 $16,678 $1,944,926 $294,926 $1,650,000
2022 $16,335 $1,944,926 $294,926 $1,650,000
2021 $20,554 $2,264,926 $614,926 $1,650,000
2020 $21,226 $2,264,926 $614,926 $1,650,000
2019 $22,684 $2,264,926 $614,926 $1,650,000
2018 $23,504 $2,264,926 $614,926 $1,650,000
2017 $6,312 $614,926 $614,926 $0
2016 $1,016 $614,926 $614,926 $0
2015 $993 $100,000 $100,000 $0
2014 $950 $100,000 $100,000 $0
2011 $950 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Stephen West

    Principle Brokerage

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20021029

ImagineMLS (Bluegrass REALTORS®)

APN: 025-00-00-010.07

Kentucky Bourbon County Paris 40361

1 Georgetown Rd, Paris, KY

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