NOT LISTED FOR SALE

Estimated Value: $414,000 - $491,186

10 Beds
8 Baths
4,664 Sq Ft
$97/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2024

Last sale price $437,000 $94 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,992 / mo

13 Days on Market

About This Home

As of January 2024

Looking for a great investment property in the heart of Williamstown Kentucky? With the ARK ENCOUNTER, the transformation of downtown Williamstown, and everything that Grant County has to offer, what more could you want? This large, 4664 square feet property is comprised of 2-three bedroom units, with 2 full bathrooms, and 2-two bedroom units, with 1 1/2 bathrooms. One of the 3 bedroom units is on a 1 yr lease, 2 units are on a month to month lease, and 1 is empty. The property is currently used as a rental property but also would qualify for approval under the city's short term rental property designation. This property could be used as a daily AIRBNB property, upon city approval, if all units were converted to AIRBNB short term rental status. Documents pertaining to this can be emailed from the Listing Agent. Expense information, rental rates, projected rental rates, and additional information about the property is available from the listing agent for approved buyers. Due to tenants rights, the viewings will be limited to a set time on select Saturdays. One of the 3 bedroom units will be shown. Other units can be shown with offer. Buyers agent to be present at all showings.

Last Agent to Sell the Property

Dennis Kenner

RE/MAX Creative Realty License #223166 Listed on: 12/12/2023

RE/MAX Creative Realty

Last Buyer's Agent

NKAR Non-Member

Non-Member Office

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2002

Lot Details

  • 14,375 Sq Ft Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 4,664 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms

Parking

  • 10 Parking Spaces
  • Paved Parking

Schools

  • Williamstown Independent Elementary And Middle School
  • Williamstown Independent High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 058-13-00-011.00

Community Details

Overview

  • 4 Units
  • Williamstown Independent Subdivision

Building Details

  • 1 Vacant Unit
  • Vacancy Allowance $25

Property Details

Home Type

Multi-Family

Year Built

Built in 2002

Lot Details

0.33 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Apartment
  • Structure Type: Multi Family
  • Year Built: 2002
  • New Construction: No
  • Roof:Shingle: Yes
  • Lot: Lot Size Acres: 0.33
  • Lot: Lot Size Square Feet: 14375.0
  • Tax Legal: Elementary School: Williamstown Independent
  • Tax Legal: Middle Or Junior School: Williamstown Independent
  • Tax Legal: High School: Williamstown Independent
  • AssociationCommunity: Number Of Buildings: 1.0
  • Other Sold Info: New Construction YN: No
  • Cooling: Electric: Yes
  • Building: Stories Total: 2
  • Income and Expenses: Vacancy Allowance Rate: 25.0
  • Structure Type: Multi Family: Yes
  • AssociationCommunity: Number Of Units Total: 4.0
  • Unit Details: Number Of Units Vacant: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bathrooms: 8
  • Total Bedrooms: 10
  • LivingArea: 4664.0
  • Lot Size Area: 0.33
  • Total Stories: 2

Exterior Features

  • Roof: Shingle
  • List Price: 497000.0

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, Paved
  • Total Parking Spaces: 10.0
  • Parking Information: Parking Total: 10.0
  • Parking Features: On Site: Yes
  • Parking Features: Paved: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Heating:Forced Air: Yes
  • Utilities: Cooling YN: Yes
  • Utilities: Heating YN: Yes
  • Utilities: Electricity Connected: Yes
  • Heating: Electric: Yes
  • Utilities: Sewer Connected: Yes
  • Utilities: Water Connected: Yes
  • Utilities: Natural Gas Available: Yes

Schools

  • Elementary School: Williamstown Independent
  • High School: Williamstown Independent
  • Middle or Junior School: Williamstown Independent

Lot Info

  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14375.0
  • Parcel Number: 058-13-00-011.00
  • Zoning Description: R-3

Multi Family

  • Number of Units Total: 4
  • Number of Units Vacant: 1
  • Vacancy Allowance Rate: 25.0

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
Dec 12, 2023
Closed on
Jan 29, 2024
Sold by
Bought by
Seller's Agent
Dennis Kenner
RE/MAX Creative Realty
Buyer's Agent
NKAR Non-Member
Non-Member Office
List Price
$497,000
Sold Price
$437,000
Premium/Discount to List
-$60,000
-12.07%
Views
61
Current Estimated Value
$450,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,547
Avg. Annual Appreciation
1.19%
Original Mortgage
$349,600
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 5, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 17, 2011
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
$164,000
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Williamstown, 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
$437,000 Prominent Title
-- None Available
$205,000 --
-- --
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
Closed $349,600
Previous Owner $164,000
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
01/30/2024 01/30/24 Sold $437,000 -12.1% $94 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
12/12/2023 12/12/23 For Sale $497,000 -- $107 / 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 $6,236 $437,000 $0 $0
2024 $6,556 $460,000 $0 $0
2023 $2,909 $205,000 $0 $0
2022 $2,912 $205,000 $0 $0
2021 $2,938 $205,000 $0 $0
2020 $2,914 $205,000 $0 $0
2019 $3,022 $205,000 $0 $0
2018 $3,013 $205,000 $0 $0
2017 $3,030 $205,000 $0 $0
2014 $2,794 $205,000 $0 $0
2012 $2,712 $205,000 $25,000 $180,000
Source: Public Records

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23023483

ImagineMLS (Bluegrass REALTORS®)

APN: 058-13-00-011.00

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