NOT LISTED FOR SALE

1108 Fairlane Dr Murray, KY 42071

Estimated Value: $199,000 - $273,000

3 Beds
1 Bath
1,577 Sq Ft
$141/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $160,400 $102 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,203/month

2 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Formal Dining Room
  • Murray Elementary School Rated A
  • Workshop
  • Fenced Yard

About This Home

As of July 2021

Beautiful stone home with Sellers doing several updates. Since purchasing Sellers have installed front, rear doors, painted kitchen cabinets, installed new hardware, installed closet doors in bedroom and laundry, updated bathroom with flooring, lighting, toliet, faucets, installed shutters,landscaped, updated exterior lighting, painted. Home was previously owned by professional photographer and the backyard is great for photos.Central heat and air was installed in 2019. Spacious living room and open floor plan with formal dining. Family room has gas log fireplace. Exterior door from family room opens to patio and large privacy fenced backyard. Sold price higher than listing due to multiple offers.

Last Agent to Sell the Property

Patricia Cherry

Re/Max Real Estate Associates Murray License #207328 Listed on: 05/24/2021

Re/Max Real Estate Associates Murray

Last Buyer's Agent

Becky Spann

Elite Realty Branch Murray License #217794

Home Details

Home Type

  • Single Family

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced Yard
  • Landscaped with Trees

Parking

  • Workshop in Garage

Home Design

  • Frame Construction
  • Composition Shingle Roof

Interior Spaces

  • 1,577 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Sheet Rock Walls or Ceilings
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Family Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Access: Paved Road, Public Road
  • Estimated Age: 31-50
  • Estimated Sq Ft: 1501-1750
  • Deed Book Page: 1248/368
  • Fireplace Wood Stove: Family Room, Gas Logs
  • Laundry Location: Closet
  • Location2: In City Limits
  • Main Level Sq Ft: 1577
  • Style: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floor Covering: Laminate, Wood
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range - Countertop, Refrigerator, Washer
  • Interior Amenities: Book Shelves, Closet Light(s), Washer/Dryer Hookup, Workshop, Circuit Breakers
  • Total Bathrooms: 1
  • Dining Kitchen: Formal Dining
  • Estimated Total Sq Ft: 1577
  • Doors and Windows: Vinyl Frame
  • Full Bathrooms: 1
  • Number Of Bedrooms: 3
  • Walls: Dry Wall

Exterior Features

  • Construction: Frame
  • Exterior Features: Fenced Yard, Outbuildings, Patio, Privacy Fence, Sidewalks, Trees
  • Foundation: Crawl Space
  • Roof: Composition Shingle

Garage/Parking

  • Garage Type: Workshop

Utilities

  • Electric Company: Murray Electric
  • Cooling: Central Air
  • Gas Company: Murray Natl Gas
  • Heating: Natural Gas
  • Sewer: Public/Municipality
  • Utilities Available: Garbage - Public, Natural Gas Available
  • Water: Public/Municipality
  • Water Company: Murray Municipal
  • Water Heater: Electric

Lot Info

  • Estimated Number of Acres: 0.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Jul 9, 2021
Sold by
Conner Ronald Stephen and Conner Doris Renae
Bought by
Pemwell Latasha N and Pemwell Brandon Shae
Seller's Agent
Patricia Cherry
Re/Max Real Estate Associates Murray
Buyer's Agent
Becky Spann
Elite Realty Branch Murray
List Price
$154,900
Sold Price
$160,400
Premium/Discount to List
$5,500
3.55%
Current Estimated Value
$221,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,373
Avg. Annual Appreciation
7.38%
Original Mortgage
$162,020
Outstanding Balance
$146,048
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$75,725

Purchase Details

Listed on
May 9, 2019
Closed on
Mar 27, 2020
Sold by
Allen Dunn Charley Beth and Allen Charley
Bought by
Conner Ronald S and Conner Doris R
Seller's Agent
Karol Utley
Elite Realty Branch Murray
Buyer's Agent
Karen Randels
REMAX NorthStar
List Price
$134,000
Sold Price
$119,100
Premium/Discount to List
-$14,900
-11.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.19%
Original Mortgage
$116,942
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2008
Sold by
Tubbs Lori and Scott Lori B
Bought by
Allen Charley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2006
Sold by
Sparks Phillip D and Sparks Deborah J
Bought by
Allison Robert Lance and Allison Terra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Pemwell Latasha N $160,400 None Available
Conner Ronald S $119,100 None Available
Allen Charley $105,000 None Available
Allison Robert Lance $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pemwell Latasha N $162,020
Previous Owner Conner Ronald S $116,942
Previous Owner Allen Charley $111,500
Previous Owner Allison Robert Lance $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2021 07/09/21 Sold $160,400 +3.6% $102 / Sq Ft
05/24/2021 05/24/21 For Sale $154,900 +30.1% $98 / Sq Ft
03/27/2020 03/27/20 Sold $119,100 -4.6% $76 / Sq Ft View Prior Sale
08/07/2019 08/07/19 Price Changed $124,900 -3.2% $79 / Sq Ft
06/20/2019 06/20/19 Price Changed $129,000 -3.7% $82 / Sq Ft
05/09/2019 05/09/19 For Sale $134,000 -- $85 / Sq Ft
Source: Western Kentucky Regional MLS

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
2025 $596 $160,400 $0 $0
2024 $585 $160,400 $0 $0
2023 $599 $160,400 $0 $0
2022 $607 $160,400 $0 $0
2021 $468 $119,100 $0 $0
2020 $432 $110,000 $0 $0
2019 $382 $105,000 $0 $0
2018 $1,028 $105,000 $0 $0
2017 $379 $105,000 $0 $0
2016 $380 $105,000 $0 $0
2015 $354 $105,000 $0 $0
2011 $354 $105,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 112471

Western Kentucky Regional MLS

APN: 008-0-0004-0005A