NOT LISTED FOR SALE

118 Timber Ln Morehead, KY 40351

Estimated Value: $252,000 - $260,000

3 Beds
4 Baths
3,434 Sq Ft
$75/Sq Ft Est. Value

Last Sold August 26, 2025

Last sale price $258,500 $75 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,551/month

60 Days on Market

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • Wooded Lot
  • 3.67 Acre Lot
  • Fireplace in Kitchen
  • Wood Flooring

About This Home

As of August 2025

Reserve Has Been Removed- Now Selling At Absolute Auction to the Highest Bidder Regardless of Listing Price. Live On-Site Saturday, August 9th, 2025. Home will be open for final preview at 9:00 am. Bidding Will Begin at 10:00 am. Absentee and Phone Bids Accepted, Please Visit www.bluegrassauction.com or contact Listing Agent for Complete Terms & Conditions, Bidder & Agent Registration Forms. This Stately Brick Home is Nestled at the End of the Street w/3.67 Wooded Acres including walk paths, Iris Garden and Overlook Deck. The Exterior of This Lovely Home Includes a Large Brick Patio w/Water Garden & Shade Lanai. The Front Entrance Foyer Opens to the Formal Living Room, Hardwood Floors Throughout. Formal Living Room opens to the Library w/Built-In Shelving, Spacious Dine-In Kitchen w/access to the Very Large Great Room w/ Dining Area. Great Room Boasts High Vaulted Ceilings w/Very Large Walk-In Masonry Fireplace & Upper-Level Access Walk, 2 Large Bay Windows Overlooking the Winding Brick Patio. All of this & Much Much More!! Including Generac Backup Generator. Don't miss your opportunity to own this Fabulous Home, Must See, Book Your Showing Today

Last Agent to Sell the Property

Tanya McKee

Bluegrass Auction, Appraisal & Realty, LLC License #217354 Listed on: 06/10/2025

Last Buyer's Agent

Tanya McKee

Bluegrass Auction, Appraisal & Realty, LLC License #217354 Listed on: 06/10/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 3.67 Acre Lot
  • Wooded Lot

Parking

  • 1 Car Garage
  • Carport
  • Basement Garage
  • Side Facing Garage
  • Driveway
  • Off-Street Parking

Property Views

  • Woods
  • Neighborhood

Home Design

  • Colonial Architecture
  • Brick Veneer
  • Block Foundation
  • Dimensional Roof
  • Composition Roof

Interior Spaces

  • 1.5-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Insulated Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Finished Basement
  • Walk-Out Basement
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Fireplace in Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Mcbrayer Elementary School
  • Rowan Co Middle School
  • Rowan Co High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • City Limits Subdivision

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 061-4000009.00

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Colonial
  • Structure Type: House
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 2734.0
  • Levels: One and One Half
  • New Construction: No
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Roof:Dimensional Style: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Roof:Composition: Yes
  • Percent Basement Finished: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, Walk-In Closet(s)
  • Flooring: Hardwood, Tile
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Finished, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 700.0
  • Fireplace Features: Gas Log, Great Room, Kitchen, Masonry, Wood Burning
  • Fireplace: Yes
  • LivingArea: 3434.0
  • Lot Size Area: 3.67
  • Window Features: Insulated Windows
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Central Vacuum: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Composition, Dimensional Style
  • Construction Materials: Brick Veneer
  • Foundation Details: Block
  • List Price: 150000.0
  • Lot Features: Wooded
  • Patio And Porch Features: Patio
  • View: Neighborhood, Trees/Woods
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Basement, Driveway, Garage Faces Side, Off Street
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public

Schools

  • Elementary School: McBrayer
  • High School: Rowan Co
  • Middle or Junior School: Rowan Co

Lot Info

  • Lot Size Acres: 3.67
  • Lot Size Sq Ft: 159865.0
  • Parcel Number: 061-4000009.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2025
Closed on
Aug 26, 2025
Sold by
Luckey Sue Young and Freeland Donna Kay
Bought by
Nickell Michael Blake and Hurlburt Sarah Alane
Seller's Agent
Tanya McKee
Bluegrass Auction, Appraisal & Realty, LLC
Buyer's Agent
Tanya McKee
Bluegrass Auction, Appraisal & Realty, LLC
List Price
$260,000
Sold Price
$258,500
Premium/Discount to List
-$1,500
-0.58%
Views
291
Current Estimated Value
$256,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,167
Avg. Annual Appreciation
-2.52%
Original Mortgage
$214,966
Outstanding Balance
$214,966
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$41,367
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
Nickell Michael Blake $258,500 None Listed On Document
Nickell Michael Blake $258,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nickell Michael Blake $214,966
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2025 08/26/25 Sold $258,500 +72.3% $75 / Sq Ft
08/09/2025 08/09/25 Pending -- -- --
07/21/2025 07/21/25 Price Changed $150,000 -42.3% $44 / Sq Ft
06/10/2025 06/10/25 For Sale $260,000 -- $76 / 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
2025 $2,491 $297,600 $30,000 $267,600
2024 $1,737 $250,000 $18,000 $232,000
2023 $1,735 $250,000 $18,000 $232,000
2022 $1,810 $250,000 $18,000 $232,000
2021 $1,856 $250,000 $18,000 $232,000
2020 $1,901 $250,000 $18,000 $232,000
2019 $1,922 $250,000 $18,000 $232,000
2018 $1,929 $250,000 $18,000 $232,000
2017 -- $250,000 $18,000 $232,000
2014 $1,849 $250,000 $0 $0
2013 $1,849 $250,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25012308

ImagineMLS (Bluegrass REALTORS®)

APN: 061-40 00 009.00