NOT LISTED FOR SALE

16 Gill Ln Murray, KY 42071

Estimated Value: $534,000 - $685,000

3 Beds
2.5 Baths
2,796 Sq Ft
$224/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $550,000 $197 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,705/month

39 Days on Market

Highlights

  • Private Dock
  • In Ground Pool
  • Deck
  • Boat Slip
  • Waterfront
  • Seasonal View

About This Home

As of May 2022

Beautiful executive waterfront home. Quiet setting inside a HOA development. New AC, hot water tank, wraparound porch for that perfect morning or evening, fire pit, pool, private dock with sun deck, steam shower, granite countertops, custom kitchen, hardwood floors, custom tile floors. This home is perfect for a family or just a couple. Enjoy the summer in your own pool with a beautiful view of the lake that never goes away in any season. Furniture is negotiable on this home.

Last Agent to Sell the Property

Barbara Tate

Campbell Realty License #201251 Listed on: 03/25/2022

Last Buyer's Agent

Daniel Richardson

Lake Homes Realty, LLC License #217477

Lake Homes Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 0.45 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Street terminates at a dead end

HOA Fees

  • $5 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Multi-Level Property
  • Tray Ceiling
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Window Screens
  • Living Room with Fireplace
  • Formal Dining Room
  • Seasonal Views
  • Attic Floors
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Laundry in Basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • In Ground Pool
  • Boat Slip
  • Private Dock
  • Covered Dock
  • Balcony
  • Deck
  • Exterior Lighting
  • Outdoor Gas Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • Association fees include common ground

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Class: Residential
  • Type: Single Family
  • Access: Paved Road
  • Estimated Age: 21-30
  • Estimated Year Built: 2000
  • Estimated Sq Ft: 2751-3000
  • Finished Basement Sq Ft: 600
  • Deed Book Page: 293/718
  • Dockage: Private Dock
  • Extras: In Ground Pool
  • Fireplace Wood Stove: Gas Starter, Living Room
  • Laundry Location: Basement
  • Location2: County, Cul-De-Sac, Dead End Street, Water View Seasonal, Kentucky Lake
  • Main Level Sq Ft: 1098
  • Restrictions: Subdivision
  • Restrictions2: Y
  • Style: Multi-Level
  • Tv Cable: Cable Available, Cable Installed
  • Upper Level Sq Ft: 1098
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Floor Covering: Carpet, Tile, Wood
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range - Countertop, Refrigerator, Stove, Washer
  • Interior Amenities: Ceiling Fan(s), Closet Light(s), Garage Door Opener, Smoke Alarm, Tray/Vaulted Ceiling, Walk-In Closet, Washer/Dryer Hookup
  • Total Bathrooms: 2.1
  • Basement: Exterior Entrance, Fully Finished, Walk Out
  • Dining Kitchen: Eat-In Kitchen, Formal Dining
  • Estimated Total Sq Ft: 2796
  • Attic: Crawl Opening, Partially Floored
  • Bathroom Features: Double Vanity, Separate Shower, Steam Shower
  • Doors and Windows: Screens
  • HOA Frequency: Yearly
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Of Bedrooms: 3
  • Walls: Dry Wall
  • Basement 2: Yes

Exterior Features

  • Construction: Frame
  • Exterior Features: Balcony, Boat Slip, Boat Slip - Covered, Concrete Drive, Deck, Dock, Dock - Covered, Exterior Lights, Gas Grill, Paved Drive
  • Exterior Finish: Vinyl Siding
  • Foundation: Slab
  • Roof: Dimensional Shingle

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Electric Company: Western KY RECC
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic
  • Utilities Available: Garbage - Private, Propane Tank Owned, Street Lights
  • Water: Public/Municipality
  • Water Company: Murray Municipal
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fees: 60
  • HOA: Y
  • HOA Includes: Common Ground

Lot Info

  • Estimated Lot Size: 15,246 sq. ft.
  • Estimated Number of Acres: 0.45
  • Easements: TVA/Corps of Engineers
  • Location: Waterfront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
Richard James Wesley and Richard Mary Jane
Bought by
James W Richard And Mary Jane Richard Joint T and Richard
Current Estimated Value
$627,091

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 18, 2022
Sold by
Dalatate and Barbara
Bought by
Richard James Wesley and Richard Mary Jane
Seller's Agent
Barbara Tate
Campbell Realty
Buyer's Agent
Daniel Richardson
Lake Homes Realty, LLC
List Price
$649,900
Sold Price
$550,000
Premium/Discount to List
-$99,900
-15.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%
Original Mortgage
$440,000
Interest Rate
4.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
James W Richard And Mary Jane Richard Joint T -- None Listed On Document
Richard James Wesley $550,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richard James Wesley $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2022 05/18/22 Sold $550,000 -5.2% $197 / Sq Ft
03/30/2022 03/30/22 Price Changed $579,900 -10.8% $207 / Sq Ft
03/25/2022 03/25/22 For Sale $649,900 0.0% $232 / Sq Ft
10/13/2015 10/13/15 Rented $2,500 0.0% --
10/13/2015 10/13/15 Under Contract -- -- --
08/06/2015 08/06/15 For Rent $2,500 -- --
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 $4,820 $550,000 $0 $0
2023 $4,963 $550,000 $0 $0
2022 $2,610 $282,000 $0 $0
2021 $2,661 $282,000 $0 $0
2020 $2,620 $282,000 $0 $0
2019 $2,586 $282,000 $0 $0
2018 $2,505 $282,000 $0 $0
2017 $2,373 $275,000 $0 $0
2016 $2,349 $275,000 $0 $0
2015 $1,572 $275,000 $0 $0
2011 $1,572 $200,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Barbara Tate

    Campbell Realty

  • Daniel Richardson

    Buyer's Agent in 2022

    Daniel Richardson

    Lake Homes Realty, LLC

    (270) 601-3086

    60 Total Sales

    Daniel Richardson
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Map

Source: Western Kentucky Regional MLS

MLS Number: 116554

Western Kentucky Regional MLS

APN: 088-B-0272

Kentucky Calloway County Murray 42071

16 Gill Ln, Murray, KY

Not Listed for Sale

Detached

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Western Kentucky Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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