NOT LISTED FOR SALE

1500 Palmer St Corbin, KY 40701

Estimated Value: $281,000 - $347,000

5 Beds
3 Baths
2,897 Sq Ft
$108/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $295,000 $102 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,820/month

25 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Secluded Lot
  • Corbin Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of December 2022

Check out this beautiful newly renovated home in Corbin City Limits. This 2 story home offers 5 generous sized bedrooms, 3 full baths, and a living room on each level. Every inch of the home has been meticulously updated in detail. New paint, flooring, lighting, custom tile shower and so much more. This home sits on a large city lot with access to the driveway from Palmer St. all the way to 7th street. The inground pool, complete with new liner, is surrounded by fencing for privacy and safety. New decking from the dining area will take you straight to the outdoor oasis that is waiting for you to make it your own! Call to schedule a showing today! Appliances can be negotiated into the contract!

Last Agent to Sell the Property

S Katie Bales

Revolution Realty, LLC Listed on: 10/07/2022

Last Buyer's Agent

S Katie Bales

RE/MAX On Main, Inc License #245028

RE/MAX On Main, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $971

Lot Details

  • 0.75 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Wire Fence
  • Secluded Lot
  • Wooded Lot

Parking

  • Driveway

Property Views

  • Woods
  • Neighborhood

Home Design

  • Split Foyer
  • Split Level Home
  • Brick or Stone Mason
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 2,897 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Vinyl Flooring
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Deck
  • Patio

Schools

  • Corbin Elementary School
  • Corbin Middle School
  • Corbin High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • City Limits Subdivision

Listing and Financial Details

  • Assessor Parcel Number 138-10-08-021.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Split Foyer
  • Structure Type: House
  • Year Built: 9999
  • Levels: Two, Multi/Split
  • New Construction: No
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Elementary School: Corbin Elementary
  • Location Tax Legal Info:Middle or Junior School: Corbin
  • Location Tax Legal Info:High School: Corbin
  • Location Tax Legal Info:Intermediate School: Corbin
  • Contract Info:On Market Date: 2022-10-07
  • General Property Description:Lot Size Acres: 0.75
  • General Property Description:Waterfront: No
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Stories:Two2: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Basement: No
  • Attic:Attic YN: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:Electric2: Yes
  • Fencing:Chain Link: Yes
  • Pool Features:Pool YN: Yes
  • Flooring:Vinyl: Yes
  • Fencing:Privacy: Yes
  • View:Trees: Yes
  • Roof:Metal3: Yes
  • Fencing:Wood2: Yes
  • Pool Features:In Ground: Yes
  • Architectural Style:Split Foyer: Yes
  • Stories:MultiSplit: Yes
  • General Property Description:Finished Area Total: 2897.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Lot Size Area: 0.75
  • Fireplace Features:Fireplace YN: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Insert: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Stone
  • Fencing: Chain Link, Privacy, Wood
  • List Price: 299000.0
  • Lot Features: Secluded, Wooded
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Neighborhood, Trees
  • Construction Materials:Stone2: Yes
  • Exterior Features:Patio3: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Secluded: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Driveway
  • Garage Features:Garage YN: No
  • Carport Features:Carport YN: No
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Natural Gas
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Corbin Elementary
  • High School: Corbin
  • Middle or Junior School: Corbin

Lot Info

  • Lot Size Acres: 0.75
  • Lot Size Sq Ft: 32670.0
  • Parcel Number: 138-10-08-021.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2024
Sold by
Chadwell Paula
Bought by
Spencer Kevin and Spencer Bethaney
Current Estimated Value
$317,581

Purchase Details

Listed on
Oct 7, 2022
Closed on
Dec 9, 2022
Sold by
Watkins Andrew J and Watkins Tonya D
Bought by
Spencer Kevin and Spencer Bethaney G
Seller's Agent
S Katie Bales
Revolution Realty, LLC
Buyer's Agent
S Katie Bales
RE/MAX On Main, Inc
List Price
$329,000
Sold Price
$295,000
Premium/Discount to List
-$34,000
-10.33%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%
Original Mortgage
$255,138
Interest Rate
6.33%

Purchase Details

Closed on
Feb 23, 2022
Sold by
Rolling Acres Properties Llc
Bought by
Watkins Andrew J and Watkins Tonya D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Interest Rate
3.55%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 16, 2011
Sold by
Cashen Walter and Cashen Debra
Bought by
Pennington William Harold and Crawford Alice
Source: Public Records

Range of Values:

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Average Value
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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
Spencer Kevin $125,000 Kentucky Mountain Land Title
Spencer Kevin $295,000 Imag Title
Watkins Andrew J $150,000 None Listed On Document
Pennington William Harold $180,000 Hammons & Brittain
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spencer Kevin $255,138
Previous Owner Watkins Andrew J $167,500
Previous Owner Watkins Andrew J $167,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $295,000 -1.3% $102 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/24/2022 10/24/22 Price Changed $299,000 -9.1% $103 / Sq Ft
10/07/2022 10/07/22 For Sale $329,000 -- $114 / 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 $971 $295,000 $0 $0
2023 $994 $295,000 $0 $0
2022 $616 $180,000 $0 $0
2021 $637 $180,000 $180,000 $0
2020 $646 $180,000 $180,000 $0
2019 $646 $180,000 $180,000 $0
2018 $646 $180,000 $180,000 $0
2017 $646 $180,000 $180,000 $0
2016 $644 $180,000 $180,000 $0
2015 $646 $180,000 $180,000 $0
2014 $646 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22022302

ImagineMLS (Bluegrass REALTORS®)

APN: 138-10-08-021.00