NOT LISTED FOR SALE

151 Covered Bridge Ln Frankfort, KY 40601

Estimated Value: $232,357

-- Bed
-- Bath
-- Sq Ft
21.53 Acres

Last Sold April 25, 2024

Last sale price $260,000

Est. 11% decrease in value since last sale

Current estimated payment $1,278/month

383 Days on Market

Highlights

  • Waterfront
  • Gentle Sloping Lot
  • Farm
  • 21.53 Acre Lot

About This Home

As of April 2024

Build your Kentucky Dream Home on a 21.53 acre farm with gorgeous views and almost 600 feet of North Elkhorn Creek frontage. Property features lots of privacy, wooded areas, fishing, kayaking and abundant wildlife. Recently cleared 3 +/- acres of overgrowth exposing beautiful building site, garden area, or field for livestock. Includes best wild blackberry patch the listing agent has ever seen, see picture. The seller has already constructed a 3-car garage on the property, installed geothermal ground loops, installed drains, excavated/cleared and seeded. Septic system area has already received approval from Dept. of Health. Located next to historic Switzer Covered Bridge and only 10 miles from Frankfort. Come see this property today!

Last Agent to Sell the Property

Joe Riddell

Rector Hayden Realtors License #185336 Listed on: 01/23/2024

Rector Hayden Realtors

Co-Listed By

Ryan Smith

Rector Hayden Realtors License #218184

Last Buyer's Agent

Missy Winchell

RE/MAX Creative Realty License #203719

RE/MAX Creative Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $738

Lot Details

  • 21.53 Acre Lot
  • Waterfront
  • Gentle Sloping Lot
  • Cleared Lot
  • Property is zoned AR

Property Views

  • Water
  • Woods
  • Rural

Home Design

  • Farm

Additional Features

  • In Flood Plain
  • The stream is a source of water for the property

Community Details

  • Covered Bridge Est. Subdivision

Listing and Financial Details

  • Assessor Parcel Number 109-00-00-003.02

Property Details

Property Type

Other

Est. Annual Taxes

$738

Lot Details

0

Listing Details

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

Interior Features

  • Lot Size Area: 21.53
  • Possible Use: Residential, Recreational

Exterior Features

  • List Price: 291500.0
  • Lot Features: Bottomland, Cleared, Gentle Sloping, Waterfront
  • View: Rural, Trees/Woods, Water
  • View YN: Yes

Utilities

  • Utilities: Electricity Available, Water Available
  • Water Source: Public, Creek(s)

Lot Info

  • Topography: Gentle Sloping, Cleared
  • Lot Dimensions: 21.53 Acres
  • Current Use: Recreational
  • Lot Size Acres: 21.53
  • Lot Size Sq Ft: 937847.0
  • Parcel Number: 109-00-00-003.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Apr 25, 2024
Sold by
Liebman Daniel M and Liebman Dan
Bought by
Jackson Wyatt Nathaniel and Jackson Renae Wyatt
Seller's Agent
Joe Riddell
Rector Hayden Realtors
Buyer's Agent
Missy Winchell
RE/MAX Creative Realty
List Price
$291,500
Sold Price
$260,000
Premium/Discount to List
-$31,500
-10.81%
Views
89
Current Estimated Value
$232,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,643
Avg. Annual Appreciation
-7.22%
Original Mortgage
$349,579
Outstanding Balance
$344,545
Interest Rate
6.74%
Mortgage Type
Construction
Estimated Equity
-$112,188

Purchase Details

Closed on
Jan 14, 2021
Sold by
Cvetnich Kenton and Cvetnich Joyce
Bought by
Liebman Dan

Purchase Details

Closed on
Jan 7, 2021
Sold by
Cvetnich Kenton and Cvetnich Joyce
Bought by
Liebman Dan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jackson Wyatt Nathaniel $260,000 Collier Title Company Llc
Wyatt Nathaniel Jackson $260,000 Collier Title Company Llc
Liebman Dan $175,000 None Listed On Document
Liebman Dan $175,000 None Listed On Document
Liebman Dan $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wyatt Nathaniel Jackson $349,579
Closed Wyatt Nathaniel Jackson $349,579
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2024 04/25/24 Sold $260,000 -10.8% --
03/11/2024 03/11/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $291,500 +12.1% --
12/31/2023 12/31/23 Off Market $260,000 -- --
12/22/2023 12/22/23 Price Changed $291,500 -2.8% --
11/10/2023 11/10/23 For Sale $299,900 +15.3% --
10/17/2023 10/17/23 Off Market $260,000 -- --
08/08/2023 08/08/23 For Sale $299,900 +15.3% --
07/04/2023 07/04/23 Off Market $260,000 -- --
02/21/2023 02/21/23 For Sale $299,900 -- --
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 $738 $61,126 $0 $0
2023 $730 $61,126 $0 $0
2022 $724 $61,126 $0 $0
2021 $131 $11,126 $0 $0
2020 $132 $11,126 $11,126 $0
2019 $135 $11,126 $11,126 $0
2018 $122 $10,077 $10,077 $0
2017 -- $7,235 $7,235 $0
2016 $83 $7,235 $7,235 $0
2015 $72 $7,235 $7,235 $0
2011 $72 $7,235 $7,235 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Joe Riddell

    Rector Hayden Realtors

    (859) 221-0826

    19 Total Sales

    Joe Riddell
    Section Image
  • Ryan Smith

    Seller Co-Listing Agent in 2024

    Ryan Smith

    Rector Hayden Realtors

    (859) 553-5031

    154 Total Sales

    Ryan Smith
    Section Image
  • Missy Winchell

    Buyer's Agent in 2024

    Missy Winchell

    RE/MAX

    (859) 608-8778

    12 Total Sales

    Missy Winchell
    Section Image

  • M

    Buyer's Agent in 2024

    Melissa Winchell

    RE/MAX

  • Sabrina Tucker

    Buyer Co-Listing Agent in 2024

    Sabrina Tucker

    RE/MAX

    (502) 370-6635

    77 Total Sales

    Sabrina Tucker
    Section Image
See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23003077

ImagineMLS (Bluegrass REALTORS®)

APN: 109-00-00-003.02

Kentucky Franklin County Frankfort 40601

151 Covered Bridge Ln, Frankfort, KY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.

Nearby Homes