NOT LISTED FOR SALE

118 Cottage Ave Lancaster, KY 40444

Estimated Value: $183,660 - $241,000

3 Beds
1 Bath
952 Sq Ft
$216/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $181,000 $190 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,240/month

6 Days on Market

Highlights

  • View of Trees or Woods
  • Ranch Style House
  • Eat-In Kitchen
  • Deck
  • Porch
  • Brick Veneer

About This Home

As of September 2024

Welcome home to your peaceful sanctuary nestled at the end of a quiet lane. This inviting 3-bedroom, 1-bathroom home offers the perfect blend of comfort and tranquility. Enjoy your morning coffee or unwind in the evening on the spacious back deck, where you can savor breathtaking views and watch deer roam through the lush green space that envelops your new home.

Inside, you'll find ample closet space throughout, and an unfinished basement that provides abundant storage options and the potential for customization to suit your needs. The home's exterior features durable brick siding and a metal roof, ensuring a low-maintenance lifestyle for years to come. Modern replacement windows and stylish LVP flooring further enhance the home's appeal, combining practicality with contemporary charm.

Last Agent to Sell the Property

Matt Grimes

Southern Lifestyle Realty License #261832 Listed on: 08/14/2024

Last Buyer's Agent

Holly Brady

Berkshire Hathaway de Movellan Properties License #244752

Berkshire Hathaway de Movellan Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.35 Acre Lot

Property Views

  • Woods
  • Farm
  • Neighborhood

Home Design

  • Ranch Style House
  • Brick Veneer
  • Block Foundation
  • Metal Roof

Interior Spaces

  • 952 Sq Ft Home
  • Family Room
  • Vinyl Flooring
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • 1 Attached Carport Space
  • Driveway

Outdoor Features

  • Deck
  • Porch

Schools

  • Lancaster Elementary School
  • Garrard Co Middle School
  • Garrard Co High School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Rolling Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number L4-15-071

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 952.0
  • Levels: One
  • New Construction: No
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Architectural Style:Ranch: Yes
  • Foundation Details:Block3: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Range, Washer
  • Interior Amenities: Eat-in Kitchen, Other
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full, Interior Entry, Sump Pump, Unfinished
  • Basement: Yes
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • LivingArea: 952.0
  • Lot Size Area: 0.35
  • Full Basement: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Basement:Sump Pump: Yes
  • Basement:Interior Entry: Yes

Exterior Features

  • Roof: Metal
  • Construction Materials: Brick Veneer
  • Foundation Details: Block
  • List Price: 184900.0
  • Patio And Porch Features: Deck, Porch
  • View: Farm, Neighborhood, Trees/Woods
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Exterior Features:Storm Door(s): Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Carport: Yes
  • Garage: No
  • Parking Features: Attached Carport, Driveway
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Water Source: Public

Schools

  • Elementary School: Lancaster
  • High School: Garrard Co
  • Middle or Junior School: Garrard Co

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15202.0
  • Parcel Number: L4-15-071

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Sep 20, 2024
Sold by
Elkin Kelsey B
Bought by
Nelson Vencil and Nelson Crystal K
Seller's Agent
Matt Grimes
Southern Lifestyle Realty
Buyer's Agent
Holly Brady
Berkshire Hathaway de Movellan Properties
List Price
$184,900
Sold Price
$181,000
Premium/Discount to List
-$3,900
-2.11%
Views
14
Current Estimated Value
$205,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,273
Avg. Annual Appreciation
10.22%
Original Mortgage
$165,000
Outstanding Balance
$163,090
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$42,325

Purchase Details

Listed on
Mar 19, 2024
Closed on
Apr 29, 2024
Sold by
Lynn Jamie Don
Bought by
Elkin Kelsey B
Seller's Agent
Lori Tolson
Lifstyl Real Estate
Buyer's Agent
Matt Grimes
Southern Lifestyle Realty
List Price
$179,900
Sold Price
$167,500
Premium/Discount to List
-$12,400
-6.89%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.99%
Original Mortgage
$134,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 11, 2022
Sold by
Wrh Investments Llc
Bought by
Lynn Jamie Don
Seller's Agent
Danny Ayers
Danny Ayres Realty & Auction
Buyer's Agent
Kathleen Campbell
CENTURY 21 Commonwealth R E
List Price
$149,900
Sold Price
$154,000
Premium/Discount to List
$4,100
2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$159,544
Interest Rate
4.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Nelson Vencil $181,000 Bluegrass Land Title
Elkin Kelsey B $167,500 None Listed On Document
Lynn Jamie Don $154,000 Bluegrass Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Vencil $165,000
Previous Owner Elkin Kelsey B $134,000
Previous Owner Lynn Jamie Don $159,544
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2024 09/20/24 Sold $181,000 -2.1% $190 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $184,900 +10.4% $194 / Sq Ft
04/29/2024 04/29/24 Sold $167,500 -4.2% $176 / Sq Ft View Prior Sale
03/27/2024 03/27/24 Pending -- -- --
03/23/2024 03/23/24 Price Changed $174,900 -2.8% $184 / Sq Ft
03/19/2024 03/19/24 For Sale $179,900 +16.8% $189 / Sq Ft
05/11/2022 05/11/22 Sold $154,000 +2.7% -- View Prior Sale
04/15/2022 04/15/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $149,900 -- --
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
2025 $2,019 $181,000 $30,000 $151,000
2024 $2,019 $154,000 $25,000 $129,000
2023 $1,725 $75,000 $20,000 $55,000
2022 $696 $60,000 $20,000 $40,000
2021 $231 $60,000 $20,000 $40,000
2020 $245 $60,000 $20,000 $40,000
2019 $246 $60,000 $20,000 $40,000
2018 $714 $60,000 $20,000 $40,000
2017 $314 $64,000 $20,000 $44,000
2016 $317 $64,000 $20,000 $44,000
2012 $345 $64,000 $20,000 $44,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24017031

ImagineMLS (Bluegrass REALTORS®)

APN: L4-15-071