NOT LISTED FOR SALE

1600 Cummins Ferry Rd Salvisa, KY 40372

Estimated Value: $70,000 - $342,000

5.02 Acres
$41,210 Price per Acre
218,671 Sq Ft Lot

Last Sold January 19, 2017

Last sale price $39,500

Est. 424% increase in value since last sale

Current estimated payment $1,204/month

136 Days on Market

About This Lot

As of January 2017

SELLER IS MOTIVATED and is ready for offers! Beautiful spot to build that Dream Home or set a doublewide manufactured home! Located just off of US-127N, This property is in a prime location within 2.6 miles from the Cummins Ferry Marina. Hookup available for County Water, approved for Septic Lateral lines and installed road entry. Priced below appraised value

Last Agent to Sell the Property

Bettina Merritt

RM McGinnis, LLC Real Est & Auction Professionals Listed on: 06/06/2016

Last Buyer's Agent

Bettina Merritt

RM McGinnis, LLC Real Est & Auction Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,344

Lot Details

  • 5.02 Acre Lot
  • Lot Has A Rolling Slope

Additional Features

  • Agricultural
  • Phone Available

Community Details

  • Rural Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,344

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Agriculture
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 5.02
  • Possible Use: Residential

Exterior Features

  • List Price: 41000.0
  • Lot Features: Gentle Sloping, Rolling Slope

Utilities

  • Utilities: Electricity Available, Phone Available, Water Available

Lot Info

  • Topography: Gentle Sloping, Rolling Slope
  • Lot Size Acres: 5.02
  • Lot Size Sq Ft: 218671.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jan 16, 2017
Sold by
Mayo David Leon and Mayo Mark K
Bought by
Robertson John V and Robertson Tonya J
Seller's Agent
Bettina Merritt
RM McGinnis, LLC Real Est & Auction Professionals
Buyer's Agent
Bettina Merritt
RM McGinnis, LLC Real Est & Auction Professionals
List Price
$39,500
Sold Price
$39,500
Current Estimated Value
$206,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,376
Avg. Annual Appreciation
20.57%
Original Mortgage
$143,158
Outstanding Balance
$118,244
Interest Rate
4.2%
Mortgage Type
FHA
Estimated Equity
$88,632

Purchase Details

Closed on
Apr 12, 2006
Sold by
Bell Jerry Wayne
Bought by
Mayo and Mayo David Leon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Robertson John V $39,500 None Available
Mayo $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robertson John V $143,158
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2017 01/19/17 Sold $39,500 0.0% --
10/19/2016 10/19/16 Pending -- -- --
06/05/2016 06/05/16 For Sale $39,500 -- --
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 $1,344 $112,500 $39,500 $73,000
2023 $1,357 $112,500 $0 $0
2022 $1,329 $112,500 $0 $0
2021 $1,338 $112,500 $0 $0
2020 $1,332 $112,500 $39,500 $73,000
2019 $1,352 $112,500 $39,500 $73,000
2018 $1,322 $112,500 $0 $0
2017 $284 $25,000 $0 $0
2016 $279 $25,000 $0 $0
2015 $271 $25,000 $25,000 $0
2014 $271 $25,000 $25,000 $0
2010 -- $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bettina Merritt

    RM McGinnis, LLC Real Est & Auction Professionals

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1612189

ImagineMLS (Bluegrass REALTORS®)

APN: 063.00-00008.02

Kentucky Mercer County Salvisa 40372

1600 Cummins Ferry Rd, Salvisa, KY

Not Listed for Sale

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