NOT LISTED FOR SALE

1502 Stadium View Dr Murray, KY 42071

Estimated Value: $341,000 - $642,000

-- Bed
-- Bath
2,304 Sq Ft
$228/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $979,900 $425 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $3,458/month

6 Days on Market

Highlights

  • Patio
  • Laundry closet
  • 1-Story Property
  • Murray Elementary School Rated A
  • Tile Flooring
  • Level Lot

About This Home

As of August 2023

Great Location - Murray City Limits. Four 4-Plexes with 16 Units that are all 1 Bed, 1 Bath with Utility Closets, Stove, Refrigerator, Dishwasher, Ceramic Tile & Laminate Flooring, TPAC Heating & Air Units, Paved Parking, and Dimensional Shingle Roofs. Rent ranges from $450 to $550/month. Room to build 2 more 4-Plexes. There is lots of Potential. Perfect for students or sing retiree. Please allow 24 to 48 Hours to see 2 Units. If interested, please allow time to set up showings for all units. Buyers please verify your own lot measurements and square footage. Selling "AS IS", "WHERE IS". This is a great investment opportunity close to Murray State University!

Last Agent to Sell the Property

Marianne Lynch

RE/MAX Real Estate Associates License #193736 Listed on: 06/09/2023

RE/MAX Real Estate Associates

Last Buyer's Agent

Kristy Barnes

Keller Williams Experience Realty License #222981

Keller Williams Experience Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,093

Lot Details

  • 1.97 Acre Lot
  • Property fronts an easement
  • Level Lot

Parking

  • Driveway

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Vinyl Clad Windows
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Laminate
  • Tile

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Outdoor Features

  • Patio

Utilities

  • Electric Water Heater
  • Cable TV Available

Community Details

  • 16 Units

Listing and Financial Details

  • Tenant pays for electric water & sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,093

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: 4/Plex
  • Access: Paved Road, Public Road
  • Deed Book Page: 602/359 775/427 775/429
  • Land Use Topography: Level
  • Laundry Location: Closet
  • Restrictions: Zoning
  • Style: 1 Story
  • Tv Cable: Cable Available
  • Estimated Age: 11-20
  • Restriction: Y
  • Stories: One
  • Bedrooms Per Unit: One
  • Full Bathrooms Per Unit: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floor Covering: Laminate, Tile
  • Interior Amenities: Smoke Alarm, Washer/Dryer Hookup, Circuit Breakers
  • Attic: Crawl Opening
  • Doors and Windows: Vinyl Frame
  • Walls: Dry Wall

Exterior Features

  • Construction: Frame
  • Exterior Features: Patio, Paved Drive
  • Exterior Finish: Vinyl Siding
  • Foundation: Slab
  • Roof: Dimensional Shingle

Utilities

  • Electric Company: Murray Electric
  • Sewer: Public/Municipality
  • Utilities Available: Garbage - Private
  • Water Company: Murray Municipal
  • Water Heater: Electric
  • Water: Public/Municipality

Schools

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

Lot Info

  • Estimated Number of Acres: 1.97
  • Easements: Utility, Zoning
  • Location: In City Limits

Rental Info

  • Tenant Pays: Electric, Water & Sewer

Tax Info

  • Tax District: 03

Multi Family

  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2005
Sold by
Futrell Nancy J
Bought by
Frances D Crane Trust
Current Estimated Value
$569,380
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
Frances D Crane Trust $50,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $979,900 -2.0% $425 / Sq Ft
06/09/2023 06/09/23 For Sale $999,900 -- $434 / Sq Ft
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 $4,093 $493,380 $0 $0
2023 $3,468 $400,000 $0 $0
2022 $3,540 $400,000 $0 $0
2021 $2,853 $310,000 $0 $0
2020 $2,808 $310,000 $0 $0
2019 $2,563 $310,000 $0 $0
2018 $2,521 $310,000 $0 $0
2017 $2,496 $310,000 $0 $0
2016 $2,468 $310,000 $0 $0
2015 $2,196 $310,000 $0 $0
2011 $2,196 $300,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 122394

Western Kentucky Regional MLS

APN: 041-P-0016