$406,000
SOLD AUG 16, 2021

1001 Rapids Rd Franklin, KY 42134

4 Beds
2.5 Baths
3,235 Sq Ft
4.14 Acres

Recently Sold

$126 Per Sq Ft

5% Below List Price

1 Day on Market

Highlights

  • Attached Garage
  • Central Air
  • Storage Shed

About This Home

As of March 2024

This home is located at 1001 Rapids Rd, Franklin, KY 42134 and is currently priced at $406,000, approximately $125 per square foot. This property was built in 1998. 1001 Rapids Rd is a home located in Simpson County with nearby schools including Franklin Elementary School, Lincoln Elementary School, and Simpson Elementary School.

Last Agent to Sell the Property

REALTOR Non

Non-REALTOR Office Listed on: 06/07/2021

Last Buyer's Agent

Martha Thurmond

CB/The Advantage Realtor Group License #206222

CB/The Advantage Realtor Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,275

Year Built

  • Built in 1998

Parking

  • Attached Garage

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,235 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom located in the basement
  • 2.5 Bathrooms

Schools

  • Franklin Simpson Elementary And Middle School
  • Franklin Simpson High School

Utilities

  • Central Air
  • Septic System

Additional Features

  • Storage Shed
  • 4.14 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,275

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential/Farm
  • Type: Single Family
  • Style Of Home: 2 Story
  • Estimated Above Ground Sq Ft: 3235
  • Estimated Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1998

Interior Features

  • Total Bedrooms: 4
  • Master Bedroom Level: Lower
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Bedroom 5 Level: Upper
  • Number of Full Bathrooms in the Basement: 0
  • Number of Lower Level Full Bathrooms: 0
  • Number of Main Level Full Bathrooms: 0
  • Total Bathrooms: 3
  • Number Partial Bathrooms in the basement: 0
  • Number of Lower Level Partial Bathrooms: 0
  • Number of Main Level Partial Bathrooms: 0
  • Full Bathrooms: 2
  • Number of Partial Bathrooms: 1
  • Utility Room Bsmt: 0
  • Lower Level Utility Room: 0
  • Utility Room Main: 0
  • Upper Level Utility Room: 0
  • Basement YN: Yes
  • Living Room Level: Lower
  • Other 1 Description: Sun Room
  • Price Per S Q F T: 125.5
  • Total Fin Living Sapce: 3235

Exterior Features

  • Construction: Vinyl
  • Roofing: Shingles
  • ExteriorFeatures: Storage Shed

Garage/Parking

  • Garage Carport: Garage Attached

Utilities

  • Water: City, County
  • Air Conditioner: Central Electric
  • Sewer: Septic

Schools

  • Elementary School: Franklin Simpson
  • Middle School: Franklin Simpson
  • High School: Franklin Simpson

Lot Info

  • Estimated Lot Size: 4.14
  • Deed Book Page: 331/128
  • Lot Dimensions: 4.14

MLS Schools

  • Elementary School: Franklin Simpson
  • Middle School: Franklin Simpson
  • High School: Franklin Simpson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Rushing Builders Inc
Bought by
Pitt Jeremy Matthew
Current Estimated Value
$499,050

Purchase Details

Closed on
Feb 7, 2023
Sold by
J Jones Builders Llc
Bought by
Rushing Builders Inc

Purchase Details

Closed on
Jul 15, 2022
Sold by
H & R Coatings & Contracting Llc
Bought by
Dismon Austin T

Purchase Details

Listed on
Jun 7, 2021
Closed on
Aug 16, 2021
Sold by
Bullington Gary W and Frederick Gay L
Bought by
House Caleb Stephen and House Patricia Lindsey Michelle
Seller's Agent
REALTOR Non
Non-REALTOR Office
Buyer's Agent
Martha Thurmond
CB/The Advantage Realtor Group
List Price
$429,500
Sold Price
$406,000
Premium/Discount to List
-$23,500
-5.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$276,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2021
Sold by
Forshee Nancy D and Estate Of Barbara M Davis
Bought by
Bullington Gary W and Frederick Gay L

Purchase Details

Closed on
Nov 14, 2017
Sold by
Stinson Clay F and Stinson Emogene
Bought by
Bullington Gary W and Frederick Gay L
Source: Public Records

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Range of Values:

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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
Deed $240,900 --
Deed $45,000 --
Deed $186,500 Foreman Watson Land Title
Deed $406,000 None Available
Deed $230,000 None Available
Cash Sale Deed $245,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $422,000 VA
Previous Owner $62,000 Construction
Previous Owner $102,000 New Conventional
Previous Owner $276,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $507,000 -7.7% $157 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
01/30/2024 01/30/24 Price Changed $549,400 -0.1% $170 / Sq Ft
01/12/2024 01/12/24 For Sale $549,900 +35.4% $170 / Sq Ft
08/16/2021 08/16/21 Sold $406,000 -5.5% $126 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $429,500 -- $133 / Sq Ft
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

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 $4,275 $483,000 $0 $0
2023 $3,780 $406,000 $0 $0
2022 $3,553 $406,000 $0 $0
2021 $3,212 $370,000 $0 $0
2020 $2,235 $255,000 $0 $0
2019 $2,278 $255,000 $0 $0
2018 $2,180 $245,000 $0 $0
2017 $2,001 $245,000 $0 $0
2016 $1,983 $230,000 $0 $0
2015 -- $230,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

MLS Number: RA20213787

Real Estate Information Services (REALTOR® Association of Southern Kentucky)

APN: 042-00-00-077.00