NOT LISTED FOR SALE

1626 Main St Murray, KY 42071

Estimated Value: $144,000 - $356,000

Studio
-- Bath
625 Sq Ft
$383/Sq Ft Est. Value

Last Sold April 08, 2014

Last sale price $255,000 $408 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,347/month

18 Days on Market

Highlights

  • 1.24 Acre Lot
  • 1-Story Property
  • Level Lot
  • Murray Elementary School Rated A

About This Home

As of April 2014

An investor's dream. Yes, we have driven past Live Oaks and wished someone would bring them into this century for years. Now someone can! 12 possible units and laundry/office can be converted into a thirteen. Over an acre in size and so close to Murray State. Think about the possibilities.

Last Agent to Sell the Property

Lynda Houck

Greys Properties, LLC License #44882 Listed on: 02/13/2014

Last Buyer's Agent

Jessica Beckham

Greys Properties, LLC License #73327

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1.24 Acre Lot
  • Level Lot

Home Design

  • Frame Construction
  • Composition Shingle Roof

Interior Spaces

  • 1-Story Property

Utilities

  • Wall Furnace
  • Electric Water Heater

Community Details

  • 12 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for water/sewer/trash

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Five Or More
  • Access: State Highway
  • Deed Book Page: 372/94
  • Land Use Topography: Level
  • Style: 1 Story
  • Estimated Age: 30+
  • Restriction: Y
  • Stories: One
  • Bedrooms Per Unit: Varies by Unit
  • Full Bathrooms Per Unit: Varies by Unit
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction: Frame
  • Roof: Composition Shingle

Utilities

  • Electric Company: Murray Electric
  • Heating: Wall Heater
  • Sewer: Public/Municipality
  • Utilities Available: Garbage - Public
  • Water: Y
  • Water Company: Murray Municipal
  • Water Heater: Electric
  • Electric: Y
  • Water: Public/Municipality

Lot Info

  • Estimated Number of Acres: 1.24
  • Easements: Zoning
  • Location: In City Limits

Rental Info

  • Tenant Pays: electric
  • Owner Pays: water/sewer/trash

Multi Family

  • Number Of Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2021
Sold by
The Kingdom Trust Company
Bought by
Mccormick Matthew Wesley
Current Estimated Value
$239,130

Purchase Details

Listed on
Feb 13, 2014
Closed on
Apr 4, 2014
Sold by
Episcopal Housing Corporation Of Kentuck
Bought by
The Kingdom Trust and S&D Elite Enterprises Inc
Seller's Agent
Lynda Houck
Greys Properties, LLC
Buyer's Agent
Jessica Beckham
Greys Properties, LLC
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.54%
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
Mccormick Matthew Wesley $110,000 None Listed On Document
The Kingdom Trust $255,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2014 04/08/14 Sold $255,000 +2.0% $408 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/13/2014 02/13/14 For Sale $250,000 -- $400 / 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
2025 $1,260 $255,000 $0 $0
2024 $1,242 $255,000 $0 $0
2023 $1,265 $255,000 $0 $0
2022 $1,278 $255,000 $0 $0
2021 $1,298 $255,000 $0 $0
2020 $1,292 $255,000 $0 $0
2019 $928 $255,000 $0 $0
2018 $2,496 $255,000 $0 $0
2017 $921 $255,000 $0 $0
2016 $923 $255,000 $0 $0
2015 $404 $255,000 $0 $0
2011 $404 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lynda Houck

    Greys Properties, LLC

    Section Image

  • J

    Buyer's Agent in 2014

    Jessica Beckham

    Greys Properties, LLC

    Section Image
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Map

Source: Western Kentucky Regional MLS

MLS Number: 74914

Western Kentucky Regional MLS

APN: 002-0-0005-00012

Kentucky Calloway County Murray 42071

1626 Main St, Murray, KY

Not Listed for Sale

MultiFamily

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.

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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