NOT LISTED FOR SALE

1311 Powhatan Trail Frankfort, KY 40601

Estimated Value: $305,000 - $362,000

-- Bed
4 Baths
3,430 Sq Ft
$94/Sq Ft Est. Value

Last Sold December 07, 2015

Last sale price $145,000 $42 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,905/month

222 Days on Market

About This Home

As of December 2015

Well maintained four-plex with $1887 gross rents monthly. All units are identical with 2 bedrooms and 1 full bathroom per apartment. Great opportunity for investors or for a new owner to occupy one apartment and lease out the other three. Professionally owned and managed for 15 years. Tenants pay electric and owner pays water & sewer. Garbage pick up is included in city taxes. All units have off-street parking in rear and washer/dryer hook-ups. Storage shed on rear of lot.

Last Agent to Sell the Property

Rick Pulliam

Re/Max Bluegrass Realty Listed on: 03/27/2015

Last Buyer's Agent

Non Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,052

Year Built

  • Built in 1979

Lot Details

  • 9,583

Home Design

  • 3,430 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Utilities

  • Central Air

Community Details

  • Indian Hills Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,052

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Lot Dimensions: 0
  • Property Sub Type: Quadplex
  • Property Type: MultiFamily
  • Subdivision Name: INDIAN HILLS
  • Above Grade Finished Sq Ft: 3430.0
  • Utilities Electricity Connected: Yes
  • Cooling Central Air: Yes
  • Utilities City Sewer: Yes
  • Roof:Composition: Yes
  • Special Features: None

Exterior Features

  • Roof: Composition
  • Construction Type: Vinyl Siding, Brick
  • Exterior Features: None
  • Construction:Brick3: Yes

Garage/Parking

  • General Property Description:_pound_ Parking Spaces: 610.0

Utilities

  • Utilities: City Sewer, City Water, Electricity Connected
  • Cooling Y N: Yes

Lot Info

  • Parcel #: 0

Building Info

  • Year Built: 1979

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2015
Closed on
Dec 7, 2015
Sold by
Durham Ronald L and Durham Barbara
Bought by
Harris Jerry B and Harris Anna Rosa S
Seller's Agent
Rick Pulliam
Re/Max Bluegrass Realty
Buyer's Agent
Non Member
Non-Member Office
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%
Current Estimated Value
$320,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,861
Avg. Annual Appreciation
8.50%
Original Mortgage
$108,750
Outstanding Balance
$86,354
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$234,507

Purchase Details

Closed on
Nov 12, 2010
Sold by
Ann Investments Llc
Bought by
Durham Ronald L and Durham Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,296
Interest Rate
4.2%
Mortgage Type
Purchase Money 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
Harris Jerry B $145,000 Attorney
Durham Ronald L $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Jerry B $108,750
Previous Owner Durham Ronald L $114,296
Previous Owner Tipon Apartments Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2015 12/07/15 Sold $145,000 -2.7% $42 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $149,000 -- $43 / Sq Ft
Source: Metro Search (Greater Louisville Association of 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 $2,052 $170,000 $0 $0
2023 $2,032 $170,000 $0 $0
2022 $328 $170,000 $0 $0
2021 $1,703 $145,000 $0 $0
2020 $1,718 $145,000 $25,000 $120,000
2019 $1,754 $145,000 $25,000 $120,000
2018 $1,750 $145,000 $25,000 $120,000
2017 $289 $145,000 $25,000 $120,000
2016 $1,654 $145,000 $25,000 $120,000
2015 $1,453 $120,000 $25,000 $95,000
2011 $1,453 $120,000 $25,000 $95,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Rick Pulliam

    Re/Max Bluegrass Realty

  • N

    Buyer's Agent in 2015

    Non Member

    Non-Member Office

See All Agents

Map

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1414085

Metro Search (Greater Louisville Association of REALTORS®)

APN: 084-20-27-002.00

Kentucky Franklin County Frankfort 40601

1311 Powhatan Trail, Frankfort, KY

This home is located at 1311 Powhatan Trail, Frankfort, KY 40601 since 27 March 2015 and is currently estimated at $320,861, approximately $93 per square foot. This property was built in 1979. 1311 Powhatan Trail 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.

Metro Search (Greater Louisville Association of REALTORS®) The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Copyright 2025 Metro Search, Inc.

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