NOT LISTED FOR SALE

1246 State Route 1271 Kuttawa, KY 42055

Estimated Value: $119,000 - $193,000

1 Bed
2 Baths
-- Sq Ft
0.5 Acres

Last Sold May 31, 2022

Last sale price $154,000

Est. 9% increase in value since last sale

Current estimated payment $1,024/month

133 Days on Market

Highlights

  • Eat-In Kitchen
  • Thermal Pane Windows
  • 1-Story Property
  • Lyon County Middle School Rated 9+
  • Patio
  • Central Air

About This Home

As of May 2022

Great investment property, This property features 2 units both having 2 bedrooms 1 bath and approx. 830 square feet of living space. Updated kitchens and bath. New metal roof . This property would be ideal for owner to live in one side and rent out the other and let the rent make all or part of the monthly payment. Currently rented and renters would like to stay

Last Agent to Sell the Property

Jesse Case

RE/MAX Real Estate Services License #208139 Listed on: 12/16/2021

Last Buyer's Agent

Jesse Case

RE/MAX Real Estate Services License #208139 Listed on: 12/16/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,326

Lot Details

  • 0.5 Acre Lot
  • Property fronts a highway
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Thermal Pane Windows
  • Carpet
  • Laundry in Basement
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic System
  • High Speed Internet

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,326

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Access: Public Road
  • Deed Book Page: 142/763
  • Land Use Topography: Level
  • Laundry Location: Kitchen, Utility Room
  • Style: 1 Story
  • Estimated Age: 21-30
  • Stories: One
  • Annual Occupancy Percent: 100
  • Bedrooms Per Unit: Two
  • Full Bathrooms Per Unit: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floor Covering: Carpet
  • Interior Amenities: Closet Light(s), Ceiling Fan(s), Smoke Alarm, Circuit Breakers
  • Dining Kitchen: Eat-In Kitchen
  • Doors and Windows: Thermal Pane Windows
  • Walls: Dry Wall

Exterior Features

  • Construction: Frame
  • Exterior Features: Patio
  • Exterior Finish: Vinyl Siding
  • Foundation: Poured Concrete, Slab
  • Roof: Metal

Utilities

  • Electric Company: Kenergy Electric
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Sewer: Septic
  • Utilities Available: Garbage - Private, DSL/High Speed Internet
  • Water Company: Lyon County
  • Water Heater: Electric

Schools

  • Elementary School: Lyon County
  • Middle School: Lyon County
  • High School: Lyon County

Lot Info

  • Estimated Number of Acres: 0.5
  • Location: County, Highway Frontage

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
May 31, 2022
Sold by
Irish Peter J and Irish Tracy
Bought by
Catherine A Wallace Revocable Trust
Seller's Agent
Jesse Case
RE/MAX Real Estate Services
Buyer's Agent
Jesse Case
RE/MAX Real Estate Services
List Price
$164,900
Sold Price
$154,000
Premium/Discount to List
-$10,900
-6.61%
Total Days on Market
133
Current Estimated Value
$167,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,755
Avg. Annual Appreciation
3.66%
Source: Public Records

Range of Values:

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Average Value
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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
Catherine A Wallace Revocable Trust $154,000 Wilson Law Firm Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Irish Peter J $50,478
Previous Owner Irish Peter J $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $154,000 -6.6% --
01/04/2022 01/04/22 For Sale $164,900 +7.1% --
12/18/2021 12/18/21 Off Market $154,000 -- --
12/16/2021 12/16/21 For Sale $164,900 -- --
Source: Western Kentucky Regional MLS

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 $1,326 $154,000 $0 $0
2023 $1,366 $154,000 $0 $0
2022 $1,048 $115,000 $0 $0
2021 $945 $100,000 $0 $0
2020 $943 $100,000 $0 $0
2019 $568 $60,000 $0 $0
2018 $562 $60,000 $0 $0
2017 $470 $50,000 $0 $0
2016 $471 $50,000 $0 $0
2015 -- $50,000 $0 $0
2013 -- $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 115398

Western Kentucky Regional MLS

APN: 12-121