NOT LISTED FOR SALE

1374 E Main St Inez, KY 41224

Estimated Value: $63,000 - $87,000

2 Beds
1 Bath
1,004 Sq Ft
$75/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $64,000 $64 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $453/month

66 Days on Market

Highlights

  • Ranch Style House
  • Double Pane Windows
  • Wood Siding
  • Covered Patio or Porch
  • Garden
  • Carpet

About This Home

As of June 2024

Investment Opportunity! With a little TLC, this two bedroom one bath home could be the perfect rental property or starter home. The large level lot behind the home would be perfect for developing additional rental properties. Call to make your appointment today!

Last Agent to Sell the Property

Jeremy Duncan

Redd, Brown & Williams Real Estate Services(Paint) License #72422 Listed on: 05/08/2023

Last Buyer's Agent

Cliff Bennett

Redd, Brown & Williams Real Estate Services(Paint)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $515

Year Built

  • Built in 1950

Lot Details

  • 0.62 Acre Lot
  • Garden

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Double Pane Windows
  • Unfinished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Inez Elementary School
  • Martin County High School

Utilities

  • No Cooling
  • Heat Pump System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$515

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.62
  • Subdivision Name: Not In Subdivision
  • Directions: From intersection of RT 3 and HWY 645, take HWY 645 for approximately 2 miles. Turn left onto Main Street and for 0.4 miles. Property will be on your left
  • Above Grade Finished Sq Ft: 1004
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Appliances: None
  • Has Basement: Unfinished
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1004
  • Flooring: Carpet, Laminate
  • Interior Amenities: 1st Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Disclosures: Sellers Disclosure
  • Construction Type: Wood Siding
  • Exterior Features: Garden
  • Patio And Porch Features: Front Covered
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Heat Pump, See Remarks
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Inez
  • High School: Martin County High School

Lot Info

  • Lot Size Sq Ft: 27007.2
  • Zoning: None
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Jun 27, 2024
Sold by
Perry Lynn L and Perry John M
Bought by
Vinson Wesley
Seller's Agent
Jeremy Duncan
Redd, Brown & Williams Real Estate Services(Paint)
Buyer's Agent
Cliff Bennett
Redd, Brown & Williams Real Estate Services(Paint)
List Price
$75,000
Sold Price
$64,000
Premium/Discount to List
-$11,000
-14.67%
Views
103
Current Estimated Value
$75,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,777
Avg. Annual Appreciation
15.11%
Original Mortgage
$64,646
Outstanding Balance
$63,874
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$11,903
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
Vinson Wesley $64,000 None Listed On Document
Vinson Wesley $64,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vinson Wesley $64,646
Closed Vinson Wesley $64,646
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $64,000 -6.6% $64 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/06/2023 07/06/23 Price Changed $68,500 -2.1% $68 / Sq Ft
06/07/2023 06/07/23 Price Changed $70,000 -6.7% $70 / Sq Ft
05/15/2023 05/15/23 For Sale $75,000 -- $75 / Sq Ft
Source: Eastern Kentucky 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 $515 $30,000 $7,000 $23,000
2023 $511 $30,000 $7,000 $23,000
2022 $512 $30,000 $7,000 $23,000
2021 $500 $30,000 $7,000 $23,000
2020 $490 $30,000 $7,000 $23,000
2019 $105 $30,000 $7,000 $23,000
2018 $105 $30,000 $7,000 $23,000
2017 $105 $30,000 $7,000 $23,000
2016 $105 $30,000 $7,000 $23,000
2014 -- $30,000 $7,000 $23,000
2013 -- $30,000 $7,000 $23,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Kentucky Association of REALTORS®

MLS Number: 118587

APN: 028-03-04-007.00