NOT LISTED FOR SALE

1605 Steadmantown Ln Frankfort, KY 40601

Estimated Value: $275,512

8 Beds
4 Baths
3,479 Sq Ft
$79/Sq Ft Est. Value

Last Sold January 30, 2013

Last sale price $42,000 $12 Per Sq Ft

Est. 556% increase in value since last sale

Current estimated payment $1,689/month

36 Days on Market

About This Home

As of January 2013

Four 2-bedroom, 1 bath apartments with laundry/storage room. All utilities billed to tenant. Damaged plumbing, all condensing units are gone. Needs extensive repairs. Has all new siding, some replacement windows. Special financing available to a well qualified buyer.

Last Agent to Sell the Property

Bruce Rankin

CENTURY 21 Commonwealth R E Listed on: 11/19/2012

Last Buyer's Agent

Brenda Bellman

RE/MAX Elite Realty License #222365

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 1986

Parking

  • 10 Parking Spaces

Home Design

  • 3,479 Sq Ft Home
  • Quadruplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Elkhorn Elementary School
  • Elkhorn Middle School
  • Franklin Co High School

Utilities

  • Heating Available

Community Details

Overview

  • 4 Units
  • Indian Hills Subdivision

Building Details

  • 4 Vacant Units
  • Vacancy Allowance $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,800

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Apartment
  • Structure Type: Multi Family, Quadruplex
  • Year Built: 1986
  • New Construction: No
  • Roof:Shingle: Yes
  • Structure Type:Quadruplex: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • LivingArea: 3479.0

Exterior Features

  • Roof: Shingle
  • List Price: 50000.0

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Heating: Electric
  • Heating: Yes

Schools

  • Elementary School: Elkhorn Elem
  • High School: Franklin Co
  • Middle or Junior School: Elkhorn Middle

Lot Info

  • Lot Dimensions: 153 x ?
  • Zoning Description: Multi-Family

Multi Family

  • Number of Units Total: 4
  • Number of Units Vacant: 4
  • Vacancy Allowance Rate: 100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2022
Sold by
Tttt Investment Group Llc
Bought by
Nims Ventures Llc
Current Estimated Value
$275,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,200
Outstanding Balance
$85,076
Interest Rate
5.21%
Estimated Equity
$190,436

Purchase Details

Listed on
Nov 19, 2012
Closed on
Jan 30, 2013
Sold by
Commonwelath Bank Fab
Bought by
Tttt Investmtns Gourp Llc
Seller's Agent
Bruce Rankin
CENTURY 21 Commonwealth R E
Buyer's Agent
Brenda Bellman
RE/MAX Elite Realty
List Price
$42,000
Sold Price
$42,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.91%
Original Mortgage
$92,000
Interest Rate
3.35%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Nims Ventures Llc $232,000 --
Tttt Investmtns Gourp Llc $42,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nims Ventures Llc $197,200
Previous Owner Tttt Investmtns Gourp Llc $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2013 01/30/13 Sold $42,000 0.0% $12 / Sq Ft
12/20/2012 12/20/12 Pending -- -- --
11/14/2012 11/14/12 For Sale $42,000 -- $12 / 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 $2,800 $232,000 $0 $0
2023 $2,772 $232,000 $0 $0
2022 $241 $125,000 $0 $0
2021 $1,233 $105,000 $0 $0
2020 $1,244 $105,000 $20,000 $85,000
2019 $1,270 $105,000 $20,000 $85,000
2018 $1,267 $105,000 $20,000 $85,000
2017 $209 $105,000 $20,000 $85,000
2016 $1,198 $105,000 $20,000 $85,000
2015 $1,660 $105,000 $20,000 $85,000
2011 $1,660 $137,110 $25,000 $112,110
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Bruce Rankin

    CENTURY 21 Commonwealth R E

  • Brenda Bellman

    Buyer's Agent in 2013

    Brenda Bellman

    RE/MAX

    (859) 621-9690

    22 Total Sales

    Brenda Bellman
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1221429

ImagineMLS (Bluegrass REALTORS®)

APN: 084-20-30-006.00

Kentucky Franklin County Frankfort 40601

1605 Steadmantown Ln, Frankfort, KY

This home is located at 1605 Steadmantown Ln, Frankfort, KY 40601 since 19 November 2012 and is currently estimated at $275,512, approximately $79 per square foot. This property was built in 1986. 1605 Steadmantown Ln is a home located in Franklin County with nearby schools including Elkhorn Elementary School, Elkhorn Middle School, and Franklin County High School.

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.

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