NOT LISTED FOR SALE

1303 Chestnut St Murray, KY 42071

Estimated Value: $485,270

0.66 Acre
$735,258 Price per Acre
28,750 Sq Ft Lot

Last Sold September 09, 2022

Last sale price $352,500

Est. 38% increase in value since last sale

Current estimated payment $2,649/month

340 Days on Market

Highlights

  • Commercial or Retail Space
  • Murray Elementary School Rated A
  • High Speed Internet

About This Lot

As of September 2022

Prime Commercial Lot Adjoining Murray State University! This location is zoned B-2 Commercial with a wide range of permitted usages including restaurant, retail, and more. The large .66 acre lot has 73 feet of frontage on Chestnut Street. The building is in poor shape and property is being sold for land redevelopment potential. Located in the heart of Murray's commercial district and adjoins Murray State University to the west and south of the property.

Last Agent to Sell the Property

John Kopperud

Kopperud Realty License #210645 Listed on: 08/12/2021

Last Buyer's Agent

John Kopperud

Kopperud Realty License #210645 Listed on: 08/12/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,250

Lot Details

  • 0.66 Acre Lot

Home Design

  • Commercial or Retail Space

Utilities

  • High Speed Internet
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,250

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: Commercial
  • Access: Paved Road, Public Road
  • Deed Book Page: 174/106
  • Restrictions: Zoning
  • Tv Cable: Cable Available
  • Restricted: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 534090.91

Utilities

  • Electric Company: Murray Electric
  • Gas Company: Murray Natl Gas
  • Sewer: Public/Municipality
  • Utilities Available: Garbage - Public, Natural Gas Available, Street Lights, DSL/High Speed Internet
  • Water: Public/Municipality
  • Water Company: Murray Municipal

Schools

  • Elementary School: Calloway/Murray-VERIFY
  • Middle School: Calloway/Murray-VERIFY
  • High School: Calloway/Murray-VERIFY

Lot Info

  • Estimated Number of Acres: 0.66
  • Location: In City Limits
  • Acreage: A - Under 1 acre

Tax Info

  • Tax District: 01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 9, 2022
Sold by
Bradley Stefane B
Bought by
Sweet Dots Holdings Llc
Seller's Agent
John Kopperud
Kopperud Realty
Buyer's Agent
John Kopperud
Kopperud Realty
List Price
$399,900
Sold Price
$352,500
Premium/Discount to List
-$47,400
-11.85%
Views
15
Current Estimated Value
$485,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,770
Avg. Annual Appreciation
10.75%
Original Mortgage
$286,733
Outstanding Balance
$243,952
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$241,319
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
Sweet Dots Holdings Llc $352,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweet Dots Holdings Llc $286,733
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2022 09/09/22 Sold $352,500 -11.9% --
08/12/2021 08/12/21 For Sale $399,900 -- --
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 $1,250 $352,500 $0 $0
2023 $1,281 $352,500 $0 $0
2022 $948 $255,000 $0 $0
2021 $968 $255,000 $0 $0
2020 $962 $255,000 $0 $0
2019 $928 $255,000 $0 $0
2018 $2,496 $255,000 $0 $0
2017 $921 $255,000 $0 $0
2016 $923 $255,000 $0 $0
2015 $826 $255,000 $0 $0
2011 $826 $245,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 113723

Western Kentucky Regional MLS

APN: 003-0-0013-00003