NOT LISTED FOR SALE

121 Gray Hill Ct Unit 123 Shelbyville, KY 40065

Estimated Value: $221,000 - $284,000

-- Bed
-- Bath
1,748 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $217,500 $124 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,526/month

25 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Central Air
  • No HOA
  • Brick Veneer
  • 3-minute walk to Red Orchard Park

About This Home

As of September 2023

DUPLEX in Shelbyville with two bedrooms and one bathroom in each unit. It's perfect for investors looking for a turnkey property with tenants already in place. Don't miss out on this opportunity to add to your portfolio.

Last Agent to Sell the Property

Melanie Jones

Keller Williams Louisville East Brokerage Email: melanie@sincerityhomes.com License #218213 Listed on: 07/20/2023

Keller Williams Louisville East

Co-Listed By

Jared Greene

Keller Williams Louisville East Brokerage Email: melanie@sincerityhomes.com License #285036

Last Buyer's Agent

Octavia Green

MIT Real Estate Group, LLC License #188030

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,901

Year Built

  • Built in 1995

Lot Details

  • 8,146

Home Design

  • 1,748 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Brick Veneer
  • Shingle Roof
  • Vinyl Siding

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Grayhill Manor Subdivision

Listing and Financial Details

  • Tenant pays for water, trash removal, sewer, gas, electric, cable
  • Tax Lot 5
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,901

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Lot Dimensions: 0
  • Property Sub Type: Duplex
  • Property Type: MultiFamily
  • Attribution Contact: melanie@sincerityhomes.com
  • Garage Yn: No
  • Co List Office Mls Id: 19218
  • Co List Office Phone: 502-554-9500
  • Subdivision Name: GRAYHILL MANOR
  • Above Grade Finished Sq Ft: 1748.0
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Utilities City Sewer: Yes
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding, Brk/Ven
  • Exterior Features: Porch
  • FeaturesExteriorPorch: Yes

Garage/Parking

  • General Property Description:_pound_ Parking Spaces: 2.0

Utilities

  • Utilities: City Sewer, City Water, Electricity Connected
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0

Rental Info

  • Owner Pays: See Remarks
  • Tenant Pays: Water, Trash Removal, Sewer, Gas, Electric, Cable

Building Info

  • Year Built: 1995

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Block: 0000
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Oct 3, 2023
Sold by
Vanraleigh
Bought by
Vanjanice
Seller's Agent
Melanie Jones
Keller Williams Louisville East
Buyer's Agent
Octavia Green
MIT Real Estate Group, LLC
List Price
$225,000
Sold Price
$217,500
Premium/Discount to List
-$7,500
-3.33%
Views
267
Current Estimated Value
$241,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,411
Avg. Annual Appreciation
5.33%
Original Mortgage
$213,069
Outstanding Balance
$208,965
Interest Rate
7.23%
Mortgage Type
FHA
Estimated Equity
$32,946

Purchase Details

Listed on
Jul 20, 2023
Closed on
Sep 28, 2023
Sold by
Hamilton Housing Rental Llc
Bought by
Payne Tierra
Seller's Agent
Melanie Jones
Keller Williams Louisville East
Buyer's Agent
Octavia Green
MIT Real Estate Group, LLC
List Price
$225,000
Sold Price
$217,500
Premium/Discount to List
-$7,500
-3.33%
Views
267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,069
Outstanding Balance
$208,965
Interest Rate
7.23%
Mortgage Type
FHA
Estimated Equity
$32,946

Purchase Details

Listed on
Jul 20, 2023
Closed on
Sep 26, 2023
Sold by
Grand Communities Llc
Bought by
Fischer Homes Louisville Llc
Seller's Agent
Melanie Jones
Keller Williams Louisville East
Buyer's Agent
Octavia Green
MIT Real Estate Group, LLC
List Price
$225,000
Sold Price
$217,500
Premium/Discount to List
-$7,500
-3.33%
Views
267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,069
Outstanding Balance
$208,965
Interest Rate
7.23%
Mortgage Type
FHA
Estimated Equity
$32,946
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vanjanice -- None Listed On Document
Payne Tierra $217,500 None Listed On Document
Payne Tierra $217,500 None Listed On Document
Fischer Homes Louisville Llc $86,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Tierra $213,069
Closed Payne Tierra $213,069
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold $217,500 -3.3% $124 / Sq Ft
07/20/2023 07/20/23 For Sale $225,000 -- $129 / Sq Ft
Source: Metro Search, Inc.

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
2024 $2,901 $217,500 $0 $0
2023 $1,225 $107,500 $0 $0
2022 $1,231 $107,500 $0 $0
2021 $1,263 $107,500 $0 $0
2020 $1,266 $107,500 $0 $0
2019 $1,218 $107,500 $20,000 $87,500
2018 $1,173 $107,500 $20,000 $87,500
2017 $1,175 $107,500 $0 $0
2016 $1,164 $107,500 $0 $0
2015 $1,146 $107,500 $20,000 $87,500
2014 $1,146 $107,500 $20,000 $87,500
2013 $1,146 $107,500 $20,000 $87,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1641297

Metro Search, Inc.

APN: S7-06-005