Bret Hansen
Four Seasons Realty
(859) 448-7386
80 Total Sales
3 in Berea
$227K - $268K Price Range
116 Salter Rd Berea, KY 40403
Berea AreaEstimated Value: $328,119
8
Beds
4
Baths
3,294
Sq Ft
$100/Sq Ft
Est. Value
Highlights
- Multiple cooling system units
- Farristown Middle School Rated A-
- Heating Available
About This Home
As of June 2026This all-brick, well-maintained two-story quad offers solid investment potential with a mix of updated features and reliable cash flow. Each of the four units is a comfortable 2-bedroom, 1-bath single-floor layout—two units on the first floor and two units on the second floor within the same building footprint. The current monthly income is $2,700, with one unit currently vacant, presenting an immediate opportunity to maximize occupancy and rent.
Last Agent to Sell the Property
CENTURY 21 Advantage Realty License #244877 Listed on: 03/25/2026
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1989
Lot Details
- 10,019 Sq Ft Lot
Home Design
- Quadruplex
- Metal Roof
Interior Spaces
- 3,294 Sq Ft Home
- 2-Story Property
- Washer and Electric Dryer Hookup
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- 10 Parking Spaces
- Paved Parking
Schools
- Kirksville Elementary School
- Farristown Middle School
- Madison So High School
Utilities
- Multiple cooling system units
- Heating Available
Listing and Financial Details
- Total Actual Rent $2,700
- Assessor Parcel Number 071A-0000-0007
Community Details
Overview
- 4 Units
- Executive Park Subdivision
Building Details
- 1 Vacant Unit
- Insurance Expense $200
- Real Estate Tax Expense $200
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
Mar 25, 2026
Closed on
Jun 17, 2026
Sold by
Flex Rentals Llc
Bought by
Seller's Agent
Cassie Foley
CENTURY 21 Advantage Realty
Buyer's Agent
Derrick Simpson
CENTURY 21 Advantage Realty
List Price
$329,000
Sold Price
$325,000
Premium/Discount to List
-$4,000
-1.22%
Views
3
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
$3,119
Avg. Annual Appreciation
3.89%
Original Mortgage
$1,600,000
Outstanding Balance
$1,595,628
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,267,509
Purchase Details
Listed on
Sep 14, 2021
Closed on
Oct 20, 2021
Sold by
Alexander Chuck Dewayne and Alexander Michelle
Bought by
Flex Rentals Llc
Seller's Agent
Branden Meeks
Keller Williams Legacy Group
Buyer's Agent
Branden Meeks
Keller Williams Legacy Group
List Price
$240,000
Sold Price
$240,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$408,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Feb 10, 2017
Sold by
Reisig Katherine Ashey
Bought by
Alexander Chuck Dewayne and Alexander Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,540,111
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 30, 2005
Sold by
Madison Bank
Bought by
Reisig Christopher J and Reisig Katherine Ashley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,340
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 8, 2005
Sold by
Hill Jonas and Hill Susan
Bought by
Madison Bank
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Berea, KY
-
Bret Hansen
-
Chaney Hughes
Chaney Hughes
Red 1 Realty
(859) 800-3543
25 Total Sales
2 in Berea
$15K - $18K Price Range
-
Bill Deaton
Bill Deaton
Keller Williams Legacy Group
(606) 402-3956
87 Total Sales
3 in Berea
$153K - $390K Price Range
-
Tabitha House
Tabitha House
CENTURY 21 Advantage Realty
(606) 729-0903
213 Total Sales
2 in Berea
$240K - $245K Price Range
-
Michelle Conner
Michelle Conner
CENTURY 21 Advantage Realty
(859) 545-3483
47 Total Sales
2 in Berea
$225K - $235K Price Range
-
Rebakah Goodpaster
Rebakah Goodpaster
Keller Williams Legacy Group
(859) 762-6500
156 Total Sales
1 in Berea
$317,000 Price
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 |
|---|---|---|---|
| $650,000 | Jett Title | ||
| Flex Rentals Llc | $480,000 | None Listed On Document | |
| Alexander Chuck Dewayne | $90,425 | None Available | |
| Reisig Christopher J | $90,425 | None Available | |
| Madison Bank | -- | 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 | $1,600,000 | ||
| Previous Owner | -- | $408,000 | |
| Previous Owner | Alexander Chuck Dewayne | $1,613,000 | |
| Previous Owner | Alexander Chuck Dewayne | $1,540,111 | |
| Previous Owner | Reisig Christopher J | $18,085 | |
| Previous Owner | Reisig Christopher J | $72,340 |
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 |
|---|---|---|---|---|---|
| 06/17/2026 06/17/26 | Sold | $325,000 | -1.2% | $99 / Sq Ft | |
| 03/25/2026 03/25/26 | Pending | -- | -- | -- | |
| 03/25/2026 03/25/26 | For Sale | $329,000 | +37.1% | $100 / Sq Ft | |
| 10/22/2021 10/22/21 | Sold | $240,000 | 0.0% | $100 / Sq Ft | View Prior Sale |
| 09/14/2021 09/14/21 | For Sale | $240,000 | -- | $100 / Sq Ft | |
| 09/13/2021 09/13/21 | Pending | -- | -- | -- |
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 | $2,263 | $240,000 | $0 | $0 |
| 2024 | $2,299 | $240,000 | $0 | $0 |
| 2023 | $2,328 | $240,000 | $0 | $0 |
| 2022 | $2,335 | $240,000 | $0 | $0 |
| 2021 | $896 | $90,425 | $0 | $0 |
| 2020 | $915 | $90,425 | $0 | $0 |
| 2019 | $919 | $90,425 | $0 | $0 |
| 2018 | $919 | $90,425 | $0 | $0 |
| 2017 | $909 | $90,425 | $0 | $0 |
| 2016 | $902 | $90,425 | $0 | $0 |
| 2015 | $865 | $90,425 | $0 | $0 |
| 2014 | $865 | $90,425 | $0 | $0 |
| 2012 | $865 | $90,425 | $90,425 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cassie Foley
Seller's Agent in 2026
Cassie Foley
CENTURY 21 Advantage Realty
(859) 248-1507
87 Total Sales
-
Lisa Scully
Seller Co-Listing Agent in 2026
Lisa Scully
CENTURY 21 Advantage Realty
(859) 575-0388
72 Total Sales
-
Derrick Simpson
Buyer's Agent in 2026
Derrick Simpson
CENTURY 21 Advantage Realty
(859) 351-8767
33 Total Sales
-
BM
Seller's Agent in 2021
Branden Meeks
Keller Williams Legacy Group
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 26005940
APN: 071A-0000-0007
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.
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 2026 LBAR Multiple Listing Service. All Rights Reserved.
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