NOT LISTED FOR SALE

122 Rolling Acres Dr Frankfort, KY 40601

Estimated Value: $315,542

4 Beds
4 Baths
3,348 Sq Ft
$94/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $250,000 $75 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,968/month

5 Days on Market

About This Home

As of July 2021

INVESTORS! Come take a look at this cash flowing quaduplex near Kentucky State University. Windows and exterior vinyl are both less that 2 years old. Hardwood floors through most of the units. Fully occupied units ready for the next owner.

Last Agent to Sell the Property

Christopher Swartz

Rector Hayden Realtors License #262330 Listed on: 05/26/2021

Last Buyer's Agent

Emily Todd

Riesig Realty License #267792

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,018

Lot Details

  • 0.35 Acre Lot

Home Design

  • 3,348 Sq Ft Home
  • Quadruplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Hearn Elementary School
  • Elkhorn Middle School
  • Franklin Co High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Rolling Acres Subdivision
  • Gross Income $2,443

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Quadruplex
  • Structure Type: Quadruplex
  • Year Built: 9999
  • New Construction: No
  • Roof:Shingle: Yes
  • Structure Type:Quadruplex: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • LivingArea: 3348.0
  • Lot Size Area: 0.35
  • Total Stories: 2

Exterior Features

  • Roof: Shingle
  • List Price: 260000.0

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Heating: Heat Pump
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Hearn
  • High School: Franklin Co
  • Middle or Junior School: Elkhorn Middle

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15246.0
  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 16, 2021
Sold by
Swartz Rentals Llc
Bought by
Pptclex Llc
Seller's Agent
Christopher Swartz
Rector Hayden Realtors
Buyer's Agent
Emily Todd
Riesig Realty
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%
Current Estimated Value
$315,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,542
Avg. Annual Appreciation
5.80%
Original Mortgage
$212,500
Outstanding Balance
$179,239
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$136,303

Purchase Details

Closed on
Dec 13, 2019
Sold by
Milosevic Srdan and Harper Michelle Robin
Bought by
Swartz Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2017
Sold by
Stipes Sonja D Sutherland and Stipes J
Bought by
Milosevic Srdan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,250
Interest Rate
3.95%
Mortgage Type
New Conventional
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
Pptclex Llc $250,000 None Available
Swartz Rentals Llc $190,000 None Available
Milosevic Srdan $103,000 Capital Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pptclex Llc $212,500
Closed Pptclrx Llc $212,500
Previous Owner Swartz Rentals Llc $243,080
Previous Owner Swartz Rentals Llc $152,000
Previous Owner Milosevic Srdan $77,250
Previous Owner Stipes Sonja D $86,436
Previous Owner Stipes Sonja D $85,373
Previous Owner Stipes Pat $50,000
Previous Owner Stipes Sonja D $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $250,000 -3.8% $75 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $260,000 -- $78 / 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
2024 $3,018 $250,000 $0 $0
2023 $2,988 $250,000 $0 $0
2022 $483 $250,000 $0 $0
2021 $2,232 $190,000 $0 $0
2020 $2,252 $190,000 $15,000 $175,000
2019 $1,246 $103,000 $12,000 $91,000
2018 $1,243 $103,000 $12,000 $91,000
2017 $179 $90,000 $12,000 $78,000
2016 $1,026 $90,000 $12,000 $78,000
2015 $1,090 $90,000 $12,000 $78,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20109969

ImagineMLS (Bluegrass REALTORS®)

APN: 074-41-04-024.00