NOT LISTED FOR SALE

1623 Olive St Murray, KY 42071

Estimated Value: $126,588 - $152,000

1 Bed
1 Bath
950 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 01, 2016

Last sale price $83,000 $87 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $726/month

15 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Laundry in Utility Room
  • Murray Elementary School Rated A
  • Thermal Pane Windows
  • 1-Story Property

About This Home

As of September 2016

Multi family zoned R-4 per City of Murray Zoning Dept. The Roomy 2BR, 1BA home located just 1/2 block from Murray State University! This house features hardwood floors, thermal windows, a spacious kitchen, and a fenced back yard. If you're looking for a house close to Murray State's campus, this is one you need to see!

Last Agent to Sell the Property

Susan Burnett

Housman Partners Murray License #73656 Listed on: 07/08/2016

Co-Listed By

Philip Moore

Housman Partners Murray License #208809

Last Buyer's Agent

Susan Burnett

Housman Partners Murray License #73656 Listed on: 07/08/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $317

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Thermal Pane Windows
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Gas Available

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$317

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Deed Book Page: 654/595
  • Laundry Location: Utility Room
  • Restrictions: Zoning
  • Style: 1 Story
  • Estimated Age: 30+
  • Restriction: Y
  • Stories: One
  • Estimated Lot Dimensions: 50x150
  • Bedrooms Per Unit: Two
  • Full Bathrooms Per Unit: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floor Covering: Tile, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Dining Kitchen: Eat-In Kitchen
  • Doors and Windows: Thermal Pane Windows

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl Space
  • Roof: Composition Shingle

Utilities

  • Electric Company: Murray Electric
  • Cooling: Central Air
  • Gas Company: Murray Natl Gas
  • Sewer: Public/Municipality
  • Utilities Available: Garbage - Public, Natural Gas Available, Street Lights
  • Water: Y
  • Water Company: Murray Municipal
  • Electric: Y
  • Gas: Y
  • Water: Public/Municipality

Lot Info

  • Estimated Number of Acres: 0.17
  • Location: In City Limits

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2016
Closed on
Sep 1, 2016
Sold by
Powell Freddie and Powell Lisa
Bought by
Wolfe Keith Edward
Seller's Agent
Susan Burnett
Housman Partners Murray
Buyer's Agent
Susan Burnett
Housman Partners Murray
List Price
$84,500
Sold Price
$83,000
Premium/Discount to List
-$1,500
-1.78%
Current Estimated Value
$133,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,647
Avg. Annual Appreciation
5.34%
Original Mortgage
$66,400
Outstanding Balance
$30,726
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$102,921

Purchase Details

Closed on
Jul 27, 2006
Sold by
Bailey Gene and Bailey Dortha
Bought by
Powell Freddie and Powell Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.68%
Mortgage Type
New Conventional
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
Wolfe Keith Edward $83,000 None Available
Powell Freddie $67,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfe Keith Edward $66,400
Previous Owner Powell Freddie $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2016 09/01/16 Sold $83,000 -1.8% $87 / Sq Ft
07/23/2016 07/23/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $84,500 -- $89 / Sq Ft
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 $317 $83,000 $0 $0
2023 $325 $83,000 $0 $0
2022 $329 $83,000 $0 $0
2021 $335 $83,000 $0 $0
2020 $333 $83,000 $0 $0
2019 $302 $83,000 $0 $0
2018 $813 $83,000 $0 $0
2017 $300 $83,000 $0 $0
2016 $253 $70,000 $0 $0
2015 $226 $70,000 $0 $0
2011 $226 $67,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 87800

Western Kentucky Regional MLS

APN: 001-0-0015-00010