NOT LISTED FOR SALE

111 Commerce Dr Berea, KY 40403

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

6 Beds
4 Baths
2,937 Sq Ft
$104/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $269,900 $92 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,863/month

88 Days on Market

Highlights

  • Cooling Available
  • Shannon Johnson Elementary School Rated A-
  • Heat Pump System

About This Home

As of December 2022

Here is your chance at being your own landlord! Desirable single level duplex with garages close to I-75 and town! Each side features 3 Bedrooms and 2 Full Baths. Baths have tile. Living room has laminate floors. Bedrooms have carpet. Live in one side and rent the other out to help with your payment or would make a great investment property as both sides are currently rented month-to-month.

Last Agent to Sell the Property

Amanda Devere-Hembree

RE/MAX Unlimited Listed on: 10/31/2022

Co-Listed By

Jarrod Hembree

RE/MAX Unlimited

Last Buyer's Agent

Robin Jones

Keller Williams Legacy Group License #208991

Keller Williams Legacy Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,491

Year Built

  • Built in 2006

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Shannon Johnson Elementary School
  • Foley Middle School
  • Madison So High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • 2 Units
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0048-0000-0027-ZF

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,491

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex
  • Year Built: 2006
  • New Construction: No
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Lot Size Area: 0.22
  • Total Stories: 1

Exterior Features

  • Roof: Shingle
  • List Price: 269900.0

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Heating: Heat Pump
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Shannon Johnson
  • High School: Madison So
  • Middle or Junior School: Foley

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0
  • Parcel Number: 0048-0000-0027-ZF
  • Zoning Description: duplex

Multi Family

  • Number of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Dec 7, 2022
Sold by
French Travis and French Amy
Bought by
Tebbe Adam
Seller's Agent
Amanda Devere-Hembree
RE/MAX Unlimited
Buyer's Agent
Robin Jones
Keller Williams Legacy Group
List Price
$269,900
Sold Price
$269,900
Views
37
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.
Estimated Appreciation
$36,216
Avg. Annual Appreciation
4.72%
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
12/07/2022 12/07/22 Sold $269,900 0.0% $92 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
10/31/2022 10/31/22 For Sale $269,900 0.0% $92 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $269,900 +116.4% $92 / Sq Ft
07/28/2014 07/28/14 Sold $124,750 0.0% $59 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
06/02/2014 06/02/14 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

  • A

    Seller's Agent in 2022

    Amanda Devere-Hembree

    RE/MAX

  • J

    Seller Co-Listing Agent in 2022

    Jarrod Hembree

    RE/MAX

  • Robin Jones

    Buyer's Agent in 2022

    Robin Jones

    Keller Williams Legacy Group

    (859) 661-2010

    828 Total Sales

    Robin Jones
    Section Image
  • Justin Eversole

    Buyer Co-Listing Agent in 2022

    Justin Eversole

    Keller Williams Legacy Group

    (859) 248-6124

    69 Total Sales

    Justin Eversole
    Section Image

  • U

    Buyer's Agent in 2014

    Unknown Member

    RE/MAX

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22018061

ImagineMLS (Bluegrass REALTORS®)

APN: 0048-0000-0027-ZF

Kentucky Madison County Berea 40403

111 Commerce Dr, Berea, KY

This home is located at 111 Commerce Dr, Berea, KY 40403 since 31 October 2022 and is currently estimated at $306,116, approximately $104 per square foot. This property was built in 2006. 111 Commerce Dr 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.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.

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