NOT LISTED FOR SALE

106 Hanson St Berea, KY 40403

Estimated Value: $216,000 - $301,000

5 Beds
5 Baths
2,144 Sq Ft
$123/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $220,000 $103 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,614/month

23 Days on Market

About This Home

As of May 2021

Great Investment property in the heart of Berea. Duplex 2 Bed / 1.5 Bath plus Studio 1 Bed/1 Bath with 2 car garage & carport. Updated roof, vinyl, HVAC system/furnace.

Last Agent to Sell the Property

Aundrea Damrell

KY Real Estate Professionals, LLC License #207119 Listed on: 03/24/2021

Last Buyer's Agent

David Pennington

Century 21 Pinnacle License #215092

Century 21 Pinnacle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,590

Lot Details

  • 0.34 Acre Lot

Home Design

  • 2,144 Sq Ft Home
  • Duplex
  • Composition Roof

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 5 Parking Spaces
  • Covered Parking
  • Paved Parking

Schools

  • Berea Community Elementary And Middle School
  • Berea Community High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number B007-0004-0037

Community Details

Overview

  • Downtown Subdivision

Building Details

  • Trash Expense $15
  • Vacancy Allowance $33
  • Gross Income $2,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,590

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex, Other
  • New Construction: No
  • Roof:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • LivingArea: 2144.0
  • Lot Size Area: 0.34

Exterior Features

  • Roof: Composition
  • List Price: 235000.0

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered, On Site, Paved
  • Total Parking Spaces: 5.0

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Natural Gas
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes

Fee Information

  • Trash Expense: 15.0

Schools

  • Elementary School: Berea Community
  • High School: Berea Community
  • Middle or Junior School: Berea Community

Lot Info

  • Lot Dimensions: 242 x ?
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810.41
  • Parcel Number: B007-0004-0037
  • Zoning Description: Residential

Multi Family

  • Vacancy Allowance Rate: 33.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
May 28, 2021
Sold by
Black Jordan and Black Brooke
Bought by
Thomas Bryan and Thomas Holly
Seller's Agent
Aundrea Damrell
KY Real Estate Professionals, LLC
Buyer's Agent
David Pennington
Century 21 Pinnacle
List Price
$260,000
Sold Price
$220,000
Premium/Discount to List
-$40,000
-15.38%
Current Estimated Value
$264,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,315
Avg. Annual Appreciation
4.28%
Original Mortgage
$220,000
Outstanding Balance
$199,183
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$65,132

Purchase Details

Listed on
Jan 28, 2020
Closed on
Jan 24, 2020
Sold by
Hensley Timothy and Post Jane
Bought by
Black Jordan and Thomas Bryan
Seller's Agent
Null Non-Member
Non-Member Office
Buyer's Agent
Amy Lewis
Berkshire Hathaway de Movellan Properties
List Price
$163,900
Sold Price
$163,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.77%
Original Mortgage
$131,120
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 2017
Sold by
Keith James Lee and Keith Joan
Bought by
Post Jane
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Thomas Bryan $220,000 None Available
Black Jordan $163,900 None Available
Post Jane $156,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Bryan $220,000
Previous Owner Black Jordan $131,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2021 05/25/21 Sold $220,000 -6.4% $103 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
03/31/2021 03/31/21 Price Changed $235,000 -9.6% $110 / Sq Ft
03/24/2021 03/24/21 For Sale $260,000 +58.6% $121 / Sq Ft
01/24/2020 01/24/20 Sold $163,900 0.0% $78 / Sq Ft View Prior Sale
12/03/2019 12/03/19 Pending -- -- --
12/03/2019 12/03/19 For Sale $163,900 -- $78 / 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 $2,590 $220,000 $0 $0
2023 $2,878 $220,000 $0 $0
2022 $2,792 $220,000 $0 $0
2021 $2,206 $163,900 $0 $0
2020 $2,053 $156,000 $0 $0
2019 $2,120 $156,000 $0 $0
2018 $2,078 $156,000 $0 $0
2017 $1,175 $90,000 $0 $0
2016 $1,143 $90,000 $0 $0
2015 $1,117 $90,000 $0 $0
2014 $871 $90,000 $0 $0
2012 $871 $67,500 $67,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20105094

ImagineMLS (Bluegrass REALTORS®)

APN: B007-0004-0037