D
Seller's Agent in 2024
David Dean
Bluegrass Realty & Investments
(502) 545-0654
37 in this area
40 Total Sales
113-115 Mero St Frankfort, KY 40601
Estimated Value: $198,333
2
Beds
2
Baths
1,792
Sq Ft
$111/Sq Ft
Est. Value
Highlights
- Window Unit Cooling System
- 1-Story Property
- 4-minute walk to Parks Department
- Floor Furnace
About This Home
As of January 2024Investment opportunity! The sky is the limit for this duplex located perfectly in downtown Frankfort. About 1.5 miles to Buffalo Trace and in the center of bourbon country tourism. Also, only a couple blocks from the new parcel B & C development and a short stroll to all the downtown shops, bars, and eateries. These two units are currently permitted for Airbnb; however, one unit has a MTM tenant. Both units are in need of some rehab with one bathroom already gutted and ready to update. Tax credits are available in this area. New sewer lateral already installed to main in 2023. Seller also willing to sell duplex next door. Selling AS IS. Inspections welcomed. Agent Owner
Last Agent to Sell the Property
Bluegrass Realty & Investments License #242148 Listed on: 12/12/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $661
Lot Details
- 3,179 Sq Ft Lot
Home Design
- Duplex
- Shingle Roof
Interior Spaces
- 1,792 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Second St Elementary School
- Second St Middle School
- Frankfort High School
Utilities
- Window Unit Cooling System
- Floor Furnace
- Heating System Uses Natural Gas
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 061-42-06-003.00
Community Details
Overview
- 2 Units
- Downtown Subdivision
Building Details
- 1 Vacant Unit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 12, 2023
Closed on
Jan 19, 2024
Sold by
Limestone Rentals Llc
Bought by
3 Feathers-Ky Llc
Seller's Agent
David Dean
Bluegrass Realty & Investments
Buyer's Agent
Eric Bumm
The Brokerage
List Price
$129,900
Sold Price
$127,500
Premium/Discount to List
-$2,400
-1.85%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,833
Purchase Details
Closed on
May 2, 2022
Sold by
Burke and Rose
Bought by
Limestone Rentals Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.4%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 3 Feathers-Ky Llc | $255,000 | None Listed On Document | |
| Limestone Rentals Llc | $175,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Limestone Rentals Llc | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/19/2024 01/19/24 | Sold | $127,500 | -1.8% | $71 / Sq Ft |
| 12/14/2023 12/14/23 | Pending | -- | -- | -- |
| 12/12/2023 12/12/23 | For Sale | $129,900 | 0.0% | $72 / Sq Ft |
| 11/29/2023 11/29/23 | Pending | -- | -- | -- |
| 11/28/2023 11/28/23 | Price Changed | $129,900 | -7.1% | $72 / Sq Ft |
| 11/10/2023 11/10/23 | Price Changed | $139,900 | -3.5% | $78 / Sq Ft |
| 11/05/2023 11/05/23 | Price Changed | $145,000 | -6.5% | $81 / Sq Ft |
| 10/29/2023 10/29/23 | Price Changed | $155,000 | -11.4% | $86 / Sq Ft |
| 10/23/2023 10/23/23 | Price Changed | $175,000 | -5.4% | $98 / Sq Ft |
| 10/17/2023 10/17/23 | For Sale | $185,000 | -- | $103 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
Tax History Compared to Growth
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 | $661 | $145,000 | $0 | $0 |
| 2024 | $676 | $145,000 | $0 | $0 |
| 2023 | $415 | $87,500 | $0 | $0 |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2016 | $0 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Dean
-
Eric Bumm
Buyer's Agent in 2024
Eric Bumm
The Brokerage
(859) 229-5632
1 in this area
99 Total Sales
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 23020103
APN: 061-42-06-003.00
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