NOT LISTED FOR SALE

1485 Cummins Ferry Rd Salvisa, KY 40372

Estimated Value: $176,000 - $375,000

3 Beds
2 Baths
1,688 Sq Ft
$153/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $175,000 $104 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,556/month

About This Home

As of October 2024

GREAT LOCATION in Mercer County. This property would be perfect to build your dream home and enjoy the country life. The property is currently being used for hay. It is also surveyed for 2 building lots with each having its own entrance. This land could be used as a small farm with cattle, hay or enjoy it for recreational use. 1485 Cummins Ferry Rd. address is being used for location purposes only. The land being sold is adjacent to the track of the land that the owner will be keeping.

Last Agent to Sell the Property

Sue Abrams-Gray

Abrams Realty, LLC License #197323 Listed on: 06/14/2024

Co-Listed By

Martin Abrams

Abrams Realty, LLC License #277241

Last Buyer's Agent

Connor Burchell

Denniston Realty License #286618

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,306

Lot Details

  • 17.65 Acre Lot

Property Views

  • Woods
  • Rural

Home Design

  • Farm

Schools

  • Mercer Co Elementary And Middle School
  • Mercer Co High School

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 063.00-00007.05

Property Details

Property Type

Other

Est. Annual Taxes

$2,306

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • New Construction: No
  • View:Rural: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Lot Size Area: 17.65
  • Possible Use: Residential, Recreational, Pasture, Horses, Cattle

Exterior Features

  • List Price: 159000.0
  • View: Farm, Rural, Trees/Woods
  • View YN: Yes

Schools

  • Elementary School: Mercer Co
  • High School: Mercer Co
  • Middle or Junior School: Mercer Co

Lot Info

  • Lot Dimensions: 17.65 acres +/-
  • Lot Size Acres: 17.65
  • Lot Size Sq Ft: 768834.0
  • Parcel Number: 063.00-00007.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Oct 31, 2024
Sold by
Aschenbrenner Douglas G and Aschenbrenner Bettina C
Bought by
Armstrong Douglas Brian and Armstrong Melissa Jane
Seller's Agent
Sue Abrams-Gray
Abrams Realty, LLC
Buyer's Agent
Connor Burchell
Denniston Realty
List Price
$159,000
Sold Price
$175,000
Premium/Discount to List
$16,000
10.06%
Views
8
Current Estimated Value
$258,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,381
Avg. Annual Appreciation
44.43%

Purchase Details

Closed on
May 22, 2019
Sold by
Mayo Mary K
Bought by
Aschenbrenner Douglas G

Purchase Details

Listed on
Aug 10, 2018
Closed on
Jan 18, 2019
Sold by
Botts Carol Ann
Bought by
Aschenbrenner Douglas G and Aschenbrenner Bettina C
Seller's Agent
Kim Anderson
RM McGinnis, LLC Real Est & Auction Professionals
Buyer's Agent
Sue Abrams-Gray
Abrams Realty, LLC
List Price
$255,000
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.19%
Original Mortgage
$11,719
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2006
Sold by
Mayo Robert H and Mayo
Bought by
Botts Noel Roger and Botts Carol Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Armstrong Douglas Brian $175,000 None Listed On Document
Aschenbrenner Douglas G $31,500 None Available
Aschenbrenner Douglas G $255,000 None Available
Botts Noel Roger $272,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aschenbrenner Douglas G $11,719
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2024 10/31/24 Sold $175,000 +10.1% $104 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $159,000 -37.6% $94 / Sq Ft
01/17/2019 01/17/19 Sold $255,000 0.0% $76 / Sq Ft View Prior Sale
10/24/2018 10/24/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $255,000 -- $76 / 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 $2,306 $192,970 $7,970 $185,000
2023 $2,327 $192,970 $0 $0
2022 $2,280 $192,970 $0 $0
2021 $2,294 $192,970 $0 $0
2020 $2,285 $208,104 $6,104 $202,000
2019 $2,029 $208,104 $6,104 $202,000
2018 $2,003 $208,104 $0 $0
2017 $1,935 $208,104 $0 $0
2016 $1,888 $206,360 $0 $0
2015 $1,845 $206,360 $4,360 $202,000
2014 $1,845 $206,360 $4,360 $202,000
2010 -- $206,360 $4,360 $202,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24012142

ImagineMLS (Bluegrass REALTORS®)

APN: 063.00-00007.05