Seller's Agent in 2022
Dottie Watson
REAL DEAL REALTY LLC
(270) 668-3731
175 Total Sales
1240 Lake Forest Ln Westview, KY 40178
Estimated Value: $377,000 - $576,000
3
Beds
2
Baths
1,400
Sq Ft
$311/Sq Ft
Est. Value
Highlights
- Lake Front
- Wooded Lot
- Eat-In Kitchen
- Docks
- Main Floor Primary Bedroom
- Laundry Room
About This Home
As of August 2022Tucked away with privacy and parking is 1240 Lake Forest Lane in Westview, KY. A perfect place to have an Airbnb! No bother to neighbors, privacy at its best! Access from your property to Rough River Lake. Parking for many or a trailer holding your jet skis. Lightly restricted neighborhood allows you to enjoy the freedom of home ownership with all the benefits. A lot of potential with a little elbow grease in this cozy, rustic property complete with a wood burning creek rock fireplace! Nothing sets the mood for a family get a way like a jewel hidden away in the woods. City water, septic, dock, wood burning fireplace, screened lakeside porch AND the opportunity to put your money to work for you as a vacation rental! Do you think you would like to have your money work for you? Got cash that is not paying interest in the bank? Many happy homeowners have made more on vacation rentals than they could with money sitting idle in the bank! Have a weekend you want to enjoy at the lake??? Book off a time when your family enjoys the efforts of your hard work. Set up for many to sleep! 3 bedrooms not including a loft or sleeping on the living room furniture. 2 baths and the possibility for the new owner to place an outdoor shower which is a HIT with all the guests! Think you can’t afford to buy this lake house with the rising interest rates? What IF the payment was being made by the rentals? Several homeowners on Rough River Lake were smart investors who have not had to make a payment with their own funds since converting to an Airbnb or VRBO! No guarantees on rentals, but the stressful times seem to make rentals close to home a big hit with the rising gas prices. Maybe you can’t afford a week away but does your family deserve a long weekend close to home where memories are more valuable than renting a condo in another state and spending all your fun money on gas instead of ????? Don’t be a Fuddy Duddy! Think FAMILY FUN and investment property! Rates may continue to rise but you only have one life to live, and kids sure grow up FAST! Think of how you can put your money to work for YOU!!!
Last Agent to Sell the Property
REAL DEAL REALTY LLC License #204319 Listed on: 06/20/2022
Property Details
Property Type
- Other
Est. Annual Taxes
- $2,955
Year Built
- Built in 1990
Lot Details
- 0.31 Acre Lot
- Lake Front
- Street terminates at a dead end
- Rural Setting
- Wooded Lot
Home Design
- Farm
- Pillar, Post or Pier Foundation
- Shingle Roof
- Rubber Roof
- Wood Shingle Exterior
Interior Spaces
- 1,400 Sq Ft Home
- 1.5-Story Property
- Wood Burning Fireplace
- No Floor Coverings
- Lake Views
- Eat-In Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
Outdoor Features
- Docks
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Septic System
Community Details
- Lake Forest Subdivision
Listing and Financial Details
- Assessor Parcel Number LFR X-2
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2022
Closed on
Aug 15, 2022
Sold by
Schunr Raymond C and Schunr Janet P
Bought by
Amburgey Wayne L and Amburgey Tammy
Seller's Agent
Dottie Watson
REAL DEAL REALTY LLC
Buyer's Agent
Dottie Watson
REAL DEAL REALTY LLC
List Price
$379,000
Sold Price
$325,000
Premium/Discount to List
-$54,000
-14.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,997
Avg. Annual Appreciation
9.63%
Original Mortgage
$260,000
Outstanding Balance
$248,152
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$186,845
Purchase Details
Closed on
Sep 10, 2007
Sold by
Schnur Raymond C
Bought by
Schnur Raymond C and Schnur Janet P
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Amburgey Wayne L | $325,000 | -- | |
| Schnur Raymond C | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Amburgey Wayne L | $260,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/17/2022 08/17/22 | Sold | $325,000 | -14.2% | $232 / Sq Ft |
| 07/21/2022 07/21/22 | Pending | -- | -- | -- |
| 06/20/2022 06/20/22 | For Sale | $379,000 | -- | $271 / Sq Ft |
Source: Heart of Kentucky Association of REALTORS®
Tax History Compared to Growth
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 | $2,955 | $325,000 | $50,000 | $275,000 |
| 2023 | $2,985 | $325,000 | $50,000 | $275,000 |
| 2022 | $1,573 | $168,000 | $25,000 | $143,000 |
| 2021 | $1,644 | $168,000 | $25,000 | $143,000 |
| 2020 | $1,657 | $168,000 | $25,000 | $143,000 |
| 2019 | $1,654 | $168,000 | $25,000 | $143,000 |
| 2018 | $1,633 | $168,000 | $0 | $0 |
| 2017 | $1,614 | $168,000 | $0 | $0 |
| 2016 | $1,616 | $168,000 | $25,000 | $143,000 |
| 2015 | $1,633 | $168,000 | $25,000 | $143,000 |
| 2013 | $1,557 | $168,000 | $25,000 | $143,000 |
Source: Public Records
Agents Affiliated with this Home
-
Dottie Watson
-
Josh Watson
Seller Co-Listing Agent in 2022
Josh Watson
REAL DEAL REALTY LLC
(270) 980-1422
161 Total Sales
Map
Source: Heart of Kentucky Association of REALTORS®
MLS Number: HK10061307
APN: LFR-X-2
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