NOT LISTED FOR SALE

111 Commerce Dr Berea, KY 40403

Berea Area

Estimated Value: $313,000 - $352,000

6 Beds
4 Baths
2,937 Sq Ft
$112/Sq Ft Est. Value

Sale Details

Date Sold: December 7, 2022

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

Est. 21% increase in value since last sale

Current estimated payment $2,003 / mo

88 Days on Market

Highlights

  • Heat Pump System
  • Shannon Johnson Elementary School Rated A-
  • 1-Story Property

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

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 9,583

Parking

  • 10 Parking Spaces

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

Additional Features

  • 1-Story Property
  • 9,583 Sq Ft Lot

Community Details

  • 2 Units
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0048-0000-0027-ZF

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex
  • Year Built: 2006
  • New Construction: No
  • Roof:Shingle: Yes
  • Lot: Lot Size Acres: 0.22
  • Lot: Lot Size Square Feet: 9583.0
  • Tax Legal: Elementary School: Shannon Johnson
  • Tax Legal: Middle Or Junior School: Foley
  • Tax Legal: High School: Madison So
  • AssociationCommunity: Number Of Buildings: 1.0
  • Other Sold Info: New Construction YN: No
  • Cooling: Electric: Yes
  • Structure Type: Duplex: Yes
  • Building: Stories Total: 1
  • AssociationCommunity: Number Of Units Total: 2.0
  • 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
  • Parking Information: Parking Total: 10.0

Utilities

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Dec 7, 2022
Sold by
Bought by
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
34
Current Estimated Value
$327,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,903
Avg. Annual Appreciation
5.38%
Original Mortgage
$255,290
Interest Rate
7.7%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 2006
Sold by
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Berea, KY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$260,000 None Listed On Document
$30,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $257,427
Closed $255,290
Previous Owner $165,150
Previous Owner $148,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,452 $260,000 $0 $0
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

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22018061

ImagineMLS (Bluegrass REALTORS®)

APN: 0048-0000-0027-ZF

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