NOT LISTED FOR SALE

1509 Madison Ave Corbin, KY 40701

Estimated Value: $144,000 - $186,000

3 Beds
2 Baths
2,022 Sq Ft
$83/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $55,000 $27 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $945/month

16 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Cooling Available
  • Corbin Elementary School Rated A
  • Walk-In Closet
  • Dining Area

About This Home

As of August 2019

Town Living! This 3 bedroom, 2 bath brick home is located in downtown Corbin on a small lot. This home would be a great starter home or investment property. Buyer to verify schools. IE of $6,100.

Last Agent to Sell the Property

Barry Turner

RE/MAX LakeTime Realty License #212849 Listed on: 06/25/2019

RE/MAX LakeTime Realty

Last Buyer's Agent

Barry Turner

CENTURY 21 Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $436

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,022 Sq Ft Home
  • 1.5-Story Property
  • Dining Area
  • Neighborhood Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 138-30-14-013-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$436

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Levels: One and One Half
  • ResoPropertyType: Residential
  • General Property Description:Lot Size Acres: 0.19
  • General Property Description:Above Grade Finished Area: 2022.0
  • General Property Description:Waterfront: No
  • View:Neighborhood: Yes
  • Basement: No
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Foundation Details:Block3: Yes
  • Flooring:Vinyl: Yes
  • Cooling:Heat Pump3: Yes
  • Roof:Shingle: Yes
  • Stories:One and One Half: Yes
  • General Property Description:Finished Area Total: 2022.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Walk-In Closet(s), Dining Area
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Lot Size Area: 0.19
  • Other Equipment: Other
  • Fireplace Features:Fireplace YN: No
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Dining Area2: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Construction Materials: Other, Vinyl Siding
  • List Price: 63000.0
  • View: Neighborhood
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Other4: Yes

Utilities

  • Heating: Heat Pump, Electric
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.0
  • Parcel Number: 138-30-14-013-00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2021
Sold by
Ledford Properties Llc
Bought by
Mills Steven
Current Estimated Value
$166,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,252
Outstanding Balance
$112,346
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$54,516

Purchase Details

Listed on
Jun 25, 2019
Closed on
Aug 27, 2019
Sold by
Secretary Of Housing & Urban Development
Bought by
Ledford Properties Llc
Seller's Agent
Barry Turner
RE/MAX LakeTime Realty
Buyer's Agent
Barry Turner
RE/MAX LakeTime Realty
List Price
$63,000
Sold Price
$55,000
Premium/Discount to List
-$8,000
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.39%

Purchase Details

Closed on
May 24, 2019
Sold by
Lakeview Loan Servicing Llc
Bought by
Ledford Properties Llc

Purchase Details

Closed on
Oct 4, 2016
Sold by
Hud & Housing Of Urban Dev
Bought by
American Financial Resources Inc

Purchase Details

Closed on
Oct 19, 2015
Sold by
American Financial Resources Inc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
May 18, 2015
Sold by
Tarvin Verna L and Tarvin Millard R
Bought by
American Financial Resources Inc

Purchase Details

Closed on
Jan 27, 2011
Sold by
Federal National Mortgage Association
Bought by
Huddleston Homes Inc
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
Mills Steven $124,000 --
Mills Steven $124,000 Imag Title Llc
Ledford Properties Llc $55,000 Kentucky Mtn Land Title
Ledford Properties Llc $89,900 --
Secretary Of Housing & Urban Development -- Accommodation
Lakeview Loan Servicing Llc -- Accommodation
American Financial Resources Inc $89,900 --
American Financial Resources Inc -- None Available
Secretary Of Housing & Urban Development -- None Available
American Financial Resources Inc $50,000 None Available
Huddleston Homes Inc $11,011 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Steven $125,252
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2019 08/27/19 Sold $55,000 -12.7% $27 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $63,000 -- $31 / 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 $436 $132,500 $0 $0
2023 $447 $132,500 $0 $0
2022 $453 $132,500 $0 $0
2021 $469 $132,500 $132,500 $0
2020 $323 $89,900 $89,900 $0
2019 $323 $89,900 $89,900 $0
2016 $322 $89,900 $89,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 3034701

ImagineMLS (Bluegrass REALTORS®)

APN: 138-30-14-013.00