NOT LISTED FOR SALE

124 Central Ave Berea, KY 40403

Estimated Value: $185,000 - $245,694

Studio
-- Bath
2,105 Sq Ft
$102/Sq Ft Est. Value

Last Sold December 16, 2015

Last sale price $79,000 $38 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $1,230/month

192 Days on Market

About This Home

As of December 2015

Great Investment Property In This 100% Occupied Townhouse Style Duplex. Each Unit Has 2 Bedrooms & 2 Full Baths, Kitchen, Lr, And Laundry Room. Central Heat & Air, Berea Municipal Utilities. Rear Of Lower Floor Is Below Grade. Within Walking Distance To College, Shops, Restaurants. Owner Provides Lawn Care In Summer. Tenants Responsible For Snow Removal.

Last Agent to Sell the Property

Loretta Powell

Farm Brokers of Kentucky Listed on: 05/28/2015

Last Buyer's Agent

Loretta Powell

Farm Brokers of Kentucky Listed on: 05/28/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Home Design

  • 2,105 Sq Ft Home
  • Shingle Roof

Schools

  • Berea Community Elementary And Middle School
  • Berea Community High School

Community Details

  • 2 Units
  • Vacancy Allowance $100

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1995
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • LivingArea: 2105.0

Exterior Features

  • Roof: Shingle
  • List Price: 89900.0

Schools

  • Elementary School: Berea Community
  • High School: Berea Community
  • Middle or Junior School: Berea Community

Multi Family

  • Number of Units Total: 2
  • Vacancy Allowance Rate: 100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2019
Sold by
Davis James Thomas and Davis Betty Gail
Bought by
Dvs Properties
Current Estimated Value
$215,674

Purchase Details

Closed on
Sep 26, 2018
Sold by
Boone Square Shopping Center Llc
Bought by
Davis James Thomas and Davis Betty Gai

Purchase Details

Closed on
Sep 11, 2009
Sold by
Mcnew John D and Mcnew Lavania
Bought by
Eastern Kentucky Rentals Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,680
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2005
Sold by
Brock Gene
Bought by
Faith & Hope Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dvs Properties -- None Available
Davis James Thomas $120,000 None Available
Eastern Kentucky Rentals Group Inc $98,000 None Available
Faith & Hope Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eastern Kentucky Rentals Group Inc $64,680
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2015 12/16/15 Sold $79,000 0.0% $38 / Sq Ft
12/06/2015 12/06/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $79,000 -- $38 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

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 $1,430 $120,000 $0 $0
2024 $1,413 $120,000 $0 $0
2023 $1,570 $120,000 $0 $0
2022 $1,523 $120,000 $0 $0
2021 $1,615 $120,000 $0 $0
2020 $1,579 $120,000 $0 $0
2019 $1,630 $120,000 $0 $0
2018 $1,053 $79,000 $0 $0
2017 $1,031 $79,000 $0 $0
2016 $1,004 $79,000 $0 $0
2015 $1,216 $98,000 $0 $0
2014 $1,265 $98,000 $0 $0
2012 $1,265 $98,000 $98,000 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Loretta Powell

    Farm Brokers of Kentucky

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 569898

ImagineMLS (Bluegrass REALTORS®)

APN: B010-0016-0002-A

Kentucky Madison County Berea 40403

124 Central Ave, Berea, KY

Not Listed for Sale

MultiFamily

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