NOT LISTED FOR SALE

127 Douglas Ave Frankfort, KY 40601

Estimated Value: $473,210

8 Beds
8 Baths
4,872 Sq Ft
$97/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $259,900 $53 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,914/month

417 Days on Market

About This Home

As of July 2013

8-plex. Each unit contains 1BR, 1BA, FR with private deck, and a large eat-in kitchen with stove and refrigerator. All units have access to common laundry room (coin operated) and one off-street parking space. The coin laundry generates additional income. 95% Occupancy. Stays rented year round. Owner pays for trash and exterior lighting. Utilities are in tenant's name. Owner Financing Available.

Last Agent to Sell the Property

Brent Simpson

CENTURY 21 Simpson & Associates License #263029 Listed on: 04/07/2012

CENTURY 21 Simpson & Associates

Last Buyer's Agent

Null Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,949

Home Design

  • 4,872 Sq Ft Home
  • Shingle Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Paved Parking

Schools

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

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 074-23-01-021.00

Community Details

Overview

  • 8 Units
  • Annex Subdivision

Amenities

  • Coin Laundry

Building Details

  • Vacancy Allowance $5
  • Gross Income $37,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Structure Type: Other
  • New Construction: No
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Total Bedrooms: 8
  • LivingArea: 4872.0

Exterior Features

  • Roof: Shingle
  • List Price: 279000.0

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, Paved
  • Total Parking Spaces: 10.0

Utilities

  • Heating: Baseboard, Electric
  • Cooling: Electric, None
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association Amenities: Coin Laundry

Schools

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

Lot Info

  • Lot Dimensions: 80 x ?
  • Parcel Number: 074-23-01-021.00
  • Zoning Description: RD - Two Dwelling District

Multi Family

  • Number of Units Total: 8
  • Vacancy Allowance Rate: 5.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2022
Sold by
Kay-Jen Investments Llc
Bought by
Dail Llc
Current Estimated Value
$473,210

Purchase Details

Closed on
May 31, 2005
Sold by
Raines Lydia R
Bought by
Fiveknight Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.74%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Dail Llc -- None Listed On Document
Fiveknight Llc $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fiveknight Llc $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2013 07/26/13 Sold $259,900 0.0% $53 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
04/06/2012 04/06/12 For Sale $259,900 -- $53 / 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 $4,949 $410,000 $0 $0
2023 $4,900 $410,000 $0 $0
2022 $791 $410,000 $0 $0
2021 $3,230 $275,000 $0 $0
2020 $3,259 $275,000 $30,000 $245,000
2019 $3,327 $275,000 $30,000 $245,000
2018 $3,319 $275,000 $30,000 $245,000
2017 $547 $275,000 $30,000 $245,000
2016 $3,136 $275,000 $30,000 $245,000
2015 $2,906 $275,000 $30,000 $245,000
2011 $2,906 $240,000 $25,000 $215,000
Source: Public Records

Agents Affiliated with this Home

  • Brent Simpson

    Seller's Agent in 2013

    Brent Simpson

    CENTURY 21 Simpson & Associates

    (502) 545-0692

    74 Total Sales

    Brent Simpson
    Section Image

  • N

    Buyer's Agent in 2013

    Null Non-Member

    Non-Member Office

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1206377

ImagineMLS (Bluegrass REALTORS®)

APN: 074-23-01-021.00

Kentucky Franklin County Frankfort 40601

127 Douglas Ave, Frankfort, KY

This home is located at 127 Douglas Ave, Frankfort, KY 40601 since 07 April 2012 and is currently estimated at $473,210, approximately $97 per square foot. 127 Douglas Ave is a home located in Franklin County with nearby schools including Elkhorn Elementary School, Elkhorn Middle School, and Franklin County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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