NOT LISTED FOR SALE

1016 Cherokee Trail Frankfort, KY 40601

Estimated Value: $268,638 - $316,000

4 Beds
2 Baths
2,598 Sq Ft
$112/Sq Ft Est. Value

Last Sold January 13, 2015

Last sale price $125,000 $48 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,700/month

165 Days on Market

Highlights

  • Bonus Room
  • Eat-In Kitchen
  • Park
  • Home Office
  • Brick Veneer
  • Forced Air Heating System

About This Home

As of January 2015

One Level Living At Its Best...Room for the entire family including a mother in law suite in this brick ranch in Indian Hills. Situated on a large corner lot, this former model home features many updates including bath remodel, flooring (new vinyl in hall bath and carpet in 2 front bedrooms), paint, some windows(side and front) roof, sunroom, and some new light fixtures. Home office could be 4th bedroom with closet and outside entrance. Oversize patio with partial fence plus extra large 2 car garage with ample storage space in the pull down attic and attached storage room. Could be handicap accessible with minor modifications. Convenient to downtown Frankfort, Kentucky State University, the Capitol, and I-64. Motivated seller is relocating due to job change. All offers will be considered!

Last Agent to Sell the Property

Pat Borg

Weesner Properties, Inc. License #180728 Listed on: 05/15/2014

Last Buyer's Agent

Null Non-Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,569

Lot Details

  • 0.39 Acre Lot
  • Partially Fenced Property

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Block Foundation
  • Slab Foundation
  • Dimensional Roof
  • Shingle Roof

Interior Spaces

  • 2,598 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Fireplace With Gas Starter
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Elkhorn Elementary School
  • Elkhorn Middle School
  • Franklin Co High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 085-10-16-007.00

Community Details

Overview

  • Indian Hills Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,569

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 9999
  • Above Grade Finished Sq Ft: 2598.0
  • Levels: One
  • New Construction: No
  • Roof:Dimensional Style: Yes
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Foundation Details:Block3: Yes
  • Flooring:Laminate: Yes
  • Foundation Details:Slab: Yes
  • Fencing:Partial2: Yes
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: Eat-in Kitchen, Primary Downstairs
  • Flooring: Carpet, Laminate, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Family Room, Gas Starter, Insert, Living Room
  • Fireplace: Yes
  • LivingArea: 2598.0
  • Lot Size Area: 0.39
  • Window Features: Blinds, Insulated Windows, Screens, Window Treatments
  • Appliances Dishwasher: Yes
  • Fireplace Features:Insert: Yes

Exterior Features

  • Roof: Dimensional Style, Shingle
  • Construction Materials: Brick Veneer
  • Fencing: Partial
  • Foundation Details: Block, Slab
  • List Price: 139900.0
  • Patio And Porch Features: Patio
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Exterior Features:Storm Door(s): Yes
  • Window Features:Window Treatments: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Park

Schools

  • Elementary School: Elkhorn Elem
  • High School: Franklin Co
  • Middle or Junior School: Elkhorn Middle

Lot Info

  • Lot Size Acres: 0.39
  • Lot Size Sq Ft: 16988.42
  • Parcel Number: 085-10-16-007.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Estate Of Lois Johnson
Bought by
Wallace Mark Steven and Wallace Stephanie
Current Estimated Value
$290,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 2020
Sold by
Arnold Jeffery and Arnold Paula
Bought by
Gatewood Ralph T and Gatewood Dorothy T

Purchase Details

Closed on
Jul 31, 2020
Sold by
Loco Investments Llc
Bought by
Arnold Jeffrey and Arnold Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2014
Closed on
Jan 30, 2015
Sold by
Moore Jeffrey Todd and Moore Beverly
Bought by
Smith Amy K
Seller's Agent
Pat Borg
Weesner Properties, Inc.
Buyer's Agent
Null Non-Member
Non-Member Office
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$122,735
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 2010
Sold by
Penn Bradley A and Penn Felicia L
Bought by
Moore Jeffrey Todd and Moore Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,950
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2005
Sold by
Smith Floyd Gregory
Bought by
Penn Bradley A and Penn Felicia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.98%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Wallace Mark Steven $130,000 None Available
Gatewood Ralph T -- None Available
Arnold Jeffrey $174,000 None Available
Smith Amy K $125,000 Capital Title Llc
Moore Jeffrey Todd $143,950 None Available
Penn Bradley A $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Amy K $4,257
Open Smith Amy K $6,854
Closed Smith Amy K $4,205
Closed Wallace Mark Steven $157,000
Previous Owner Arnold Jeffrey $174,000
Previous Owner Smith Amy K $12,013
Previous Owner Penn Joan B $5,000
Previous Owner Smith Amy K $122,735
Previous Owner Moore Jeffrey Todd $143,950
Previous Owner Penn Bradley A $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2015 01/13/15 Sold $125,000 0.0% $48 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $125,000 -- $48 / Sq Ft
Source: ImagineMLS (Bluegrass 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 $1,569 $130,000 $0 $0
2023 $1,554 $130,000 $0 $0
2022 $251 $130,000 $0 $0
2021 $1,527 $130,000 $0 $0
2020 $1,541 $130,000 $20,000 $110,000
2019 $1,573 $130,000 $20,000 $110,000
2018 $1,509 $125,000 $20,000 $105,000
2017 $1,674 $125,000 $20,000 $105,000
2016 $1,426 $125,000 $20,000 $105,000
2011 $1,743 $143,950 $25,000 $118,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1409198

ImagineMLS (Bluegrass REALTORS®)

APN: 085-10-16-007.00