$118,000 - $180,000
RENTED APR 26, 2025

1589 Pennington Flat Rd Unit B Morehead, KY 40351

2 Beds
1.5 Baths
960 Sq Ft
$150 Price per Sq Ft

Last Sold February 10, 2023

Last sale price $100,000 $104 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $825/month

Highlights

  • Deck
  • Wood Flooring
  • Cooling Available
  • Contemporary Architecture
  • Eat-In Kitchen
  • Living Room

About This Home

As of April 2025

Available for immediate occupancy. Copy this link and paste into your browser to fill out the rental application: This 2 bedroom, 1 1/2 bath townhome is well built and sits in a nice area. Close to schools and shopping but with a country feel. Large flat yard. Tenants pay their own utilities. 1 year lease required. Pets are allowed with a 1 time, non-refundable payment of $250 per pet. Preferred payment through Zelle.

Last Agent to Rent the Property

Shannon Malone

HomeLand Real Estate Inc License #262698 Listed on: 04/19/2025

Last Renter's Agent

Shannon Malone

HomeLand Real Estate Inc License #262698 Listed on: 04/19/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $853

Year Built

  • Built in 2005

Lot Details

  • 0.38

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck

Schools

  • Tilden Hogge Elementary School
  • Rowan Co Middle School
  • Rowan Co High School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Security Deposit $1,000
  • Assessor Parcel Number 043-00 00 032.09

Community Details

Overview

  • Rural Subdivision

Pet Policy

  • Pets Allowed
  • Pet Deposit $250

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$853

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Pets Allowed: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub-Type: Townhouse
  • Architectural Style: Contemporary
  • Structure Type: Duplex
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 960.0
  • Levels: Two
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style:Contemporary: Yes
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 2
  • LivingArea: 960.0
  • Lot Size Area: 0.38
  • Owner Pays: Other
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Vinyl Siding
  • Fencing: None
  • Foundation Details: Block
  • List Price: 1000.0
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Off Street

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Tilden Hogge
  • High School: Rowan Co
  • Middle or Junior School: Rowan Co

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Sq Ft: 16379.0
  • Parcel Number: 043-00 00 032.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2022
Sold by
Thompson and Katie
Bought by
Hazelrigg Gregory and Hazelrigg Jennifer
Current Estimated Value
$143,846

Purchase Details

Closed on
Oct 24, 2018
Sold by
Templeton Katie J and Thompson Timothy
Bought by
Thompson Katie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Hazelrigg Gregory $100,000 Hawkins Leah N
Hazelrigg Gregory $100,000 Hawkins Leah N
Thompson Katie J -- Servicelink
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Katie J $61,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2025 04/26/25 Rented $1,000 0.0% --
04/19/2025 04/19/25 For Rent $1,000 0.0% --
04/07/2025 04/07/25 Rented $1,000 0.0% --
03/08/2025 03/08/25 For Rent $1,000 0.0% --
10/27/2024 10/27/24 Off Market $100,000 -- --
02/10/2023 02/10/23 Sold $100,000 -4.8% $104 / Sq Ft View Prior Sale
01/29/2023 01/29/23 Pending -- -- --
01/27/2023 01/27/23 Price Changed $105,000 +99900.0% $109 / Sq Ft
01/27/2023 01/27/23 For Sale $105 -- $0 / 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 $853 $100,000 $7,500 $92,500
2023 $852 $100,000 $7,500 $92,500
2022 $842 $97,488 $7,500 $89,988
2021 $864 $97,488 $7,500 $89,988
2020 $879 $97,488 $7,500 $89,988
2019 $889 $97,488 $7,500 $89,988
2018 $629 $69,300 $7,500 $61,800
2017 -- $69,300 $7,500 $61,800
2016 -- $69,300 $7,500 $61,800
2014 $586 $69,300 $0 $0
2013 $586 $69,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25007915

ImagineMLS (Bluegrass REALTORS®)

APN: 043-00-00-032.09