NOT LISTED FOR SALE

111 Commerce Dr Unit 1&2 Berea, KY 40403

Estimated Value: $303,465 - $309,000

4 Beds
2 Baths
2,100 Sq Ft
$146/Sq Ft Est. Value

Last Sold July 28, 2014

Last sale price $124,750 $59 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,873/month

26 Days on Market

Highlights

  • Cooling Available
  • Shannon Johnson Elementary School Rated A-
  • Heating Available

About This Home

As of July 2014

Located off I-75 exit 76, this four bedroom two bath duplex is a value! Very quiet location, all brick exterior and just minutes from Berea College. This is a Fannie Mae Homepath Property. Purchase this property for as little as five per cent down. For the first twenty days of the listing only offers from owner occupants and public entities will be accepted.

Last Agent to Sell the Property

Robert Taylor

Taylor Realty, Inc License #178513 Listed on: 06/02/2014

Last Buyer's Agent

Amanda Devere-Hembree

RE/MAX Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,491

Home Design

  • 2,100 Sq Ft Home
  • Duplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 2 Units
  • Highlands Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,491

Lot Details

0

Listing Details

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

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 2100.0

Exterior Features

  • Roof: Shingle
  • List Price: 134900.0

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected

Lot Info

  • Zoning Description: Multi Family

Multi Family

  • Number of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2022
Sold by
French Travis and French Amy
Bought by
Tebbe Adam
Current Estimated Value
$306,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Outstanding Balance
$248,136
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$57,980

Purchase Details

Closed on
Mar 29, 2006
Sold by
Qlc Llc
Bought by
Helton Michael and Helton Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
6.2%
Mortgage Type
Construction
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
Tebbe Adam $260,000 --
Helton Michael $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tebbe Adam $255,290
Previous Owner Alexander Warden S $165,150
Previous Owner Helton Michael $148,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2014 07/28/14 Sold $124,750 0.0% $59 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $124,750 -- $59 / 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 $2,491 $260,000 $0 $0
2023 $2,522 $260,000 $0 $0
2022 $2,559 $263,000 $0 $0
2021 $1,356 $136,800 $0 $0
2020 $1,376 $136,000 $0 $0
2019 $1,268 $124,750 $0 $0
2018 $1,268 $124,750 $0 $0
2017 $1,254 $124,750 $0 $0
2016 $1,244 $124,750 $0 $0
2015 $1,756 $124,750 $0 $0
2014 $1,756 $151,320 $0 $0
2012 $1,756 $183,500 $183,500 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Robert Taylor

    Taylor Realty, Inc

    (859) 608-9530

    3 Total Sales

    Robert Taylor
    Section Image

  • A

    Buyer's Agent in 2014

    Amanda Devere-Hembree

    RE/MAX

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1410458

ImagineMLS (Bluegrass REALTORS®)

APN: 0048-0000-0027-ZF

Kentucky Madison County Berea 40403

111 Commerce Dr Unit 1&2, Berea, KY

This home is located at 111 Commerce Dr Unit 1&2, Berea, KY 40403 since 02 June 2014 and is currently estimated at $306,116, approximately $145 per square foot. 111 Commerce Dr Unit 1&2 is a home located in Madison County with nearby schools including Shannon Johnson Elementary School, Foley Middle School, and Madison Southern High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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