NOT LISTED FOR SALE

163 Peak Ln Olive Hill, KY 41164

Estimated Value: $187,000 - $338,000

3 Beds
2 Baths
1,900 Sq Ft
$137/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $387,000 $204 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $1,508/month

8 Days on Market

Highlights

  • 75.27 Acre Lot
  • Secluded Lot
  • Wood Flooring
  • Mountain View
  • Wooded Lot
  • Bonus Room

About This Home

As of February 2024

Nestled atop a hill, 163 Peak Ln in Olivehill, KY, unveils a remarkable log cabin estate sprawling across just over 75 acres of picturesque countryside. This 1900 sqft residence radiates rustic charm while embodying modern comfort at every turn. Ascend the private drive, framed by majestic trees, and arrive at this 3-bedroom, 2-bathroom haven, where warmth and tranquility embrace you.

Step inside to discover a cozy interior adorned with rich wooden accents, a welcoming living area, and a spacious kitchen that beckons for gatherings. Ascend to the upper level to reveal a generous lofted bonus room, adaptable as a fourth bedroom, an artist's retreat, or an entertainment hub.

Beyond the charming abode lies a landscape that defines serenity. The property spans two plots, showcasing a diverse tapestry of nature's beauty. Towering trees, both deciduous and evergreen, dapple the land, creating a natural haven that's as enchanting as it is secluded. And with the house perched on high ground, panoramic views unfold, inviting you to bask in the beauty of the rolling hills and surrounding vistas.

163 Peak ln offers not only a home but a true retreat!

Last Agent to Sell the Property

Joshua Brown

LexHomes Real Estate License #284129 Listed on: 12/30/2023

Last Buyer's Agent

Joshua Brown

LexHomes Real Estate License #284129 Listed on: 12/30/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,422

Year Built

  • Built in 2005

Lot Details

  • 75.27 Acre Lot
  • Secluded Lot
  • Wooded Lot

Parking

  • Driveway

Property Views

  • Mountain
  • Rural

Home Design

  • Cabin
  • Block Foundation
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Bonus Room
  • Utility Room

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Porch

Schools

  • Tygart Creek Elementary School
  • West Carter Middle School
  • West Carter High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28193

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,422

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Structure Type: Cabin
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1900.0
  • Levels: Two
  • New Construction: No
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • View:Rural: Yes
  • Roof:Shingle: Yes
  • View:Mountains: Yes
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Primary Downstairs
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • LivingArea: 1900.0
  • Lot Size Area: 75.27
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Log
  • Foundation Details: Block
  • List Price: 365000.0
  • Lot Features: Secluded, Wooded
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch
  • View: Mountain(s), Rural, Trees/Woods
  • View YN: Yes
  • Waterfront: No
  • Lot Features:Secluded: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Tygart Creek
  • High School: West Carter
  • Middle or Junior School: West Carter

Lot Info

  • Lot Size Acres: 75.27
  • Lot Size Sq Ft: 3278543.0
  • Parcel Number: 28193

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2023
Closed on
Feb 21, 2024
Sold by
Kiser Kyle and Kiser Jaysa
Bought by
Chavis Alison and Chavis Robert
Seller's Agent
Joshua Brown
LexHomes Real Estate
Buyer's Agent
Joshua Brown
LexHomes Real Estate
List Price
$365,000
Sold Price
$387,000
Premium/Discount to List
$22,000
6.03%
Views
70
Current Estimated Value
$260,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$126,176
Avg. Annual Appreciation
-22.22%
Original Mortgage
$387,000
Outstanding Balance
$380,903
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
-$120,079

Purchase Details

Closed on
Feb 26, 2018
Sold by
Parcom Llc
Bought by
Kiser Kyle and Kiser Jaysa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 22, 2017
Sold by
Bailey Daniel W and Bailey Ruby Jo
Bought by
Kiser Kyle and Kiser Jaysa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 16, 2005
Sold by
Thomas Larry D and Thomas Breanna D
Bought by
Suttles Breanna D and Suttles Scottie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Chavis Alison $387,000 None Listed On Document
Kiser Kyle $78,500 None Available
Kiser Kyle $165,000 None Available
Suttles Breanna D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavis Alison $387,000
Previous Owner Clary Robert E $121,634
Previous Owner Kiser Kyle $90,000
Previous Owner Kiser Kyle $167,000
Previous Owner Bailey Ruby Jo $142,500
Previous Owner Suttles Scottie L $144,500
Previous Owner Suttles Brenna D $25,300
Previous Owner Suttles Breanna D $17,700
Previous Owner Suttles Scottie L $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $387,000 +6.0% $204 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
12/30/2023 12/30/23 For Sale $365,000 -- $192 / 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
2023 $1,422 $165,000 $0 $0
2022 $1,427 $165,000 $0 $0
2021 $1,455 $165,000 $0 $0
2020 $1,459 $165,000 $5,000 $160,000
2019 $1,455 $165,000 $5,000 $160,000
2018 $1,456 $165,000 $5,000 $160,000
2017 $0 $165,000 $5,000 $160,000
2016 $1,411 $168,000 $5,000 $163,000
2015 $1,378 $168,000 $20,000 $148,000
2014 $1,378 $168,000 $20,000 $148,000
2011 $1,160 $143,950 $20,000 $123,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23024229

ImagineMLS (Bluegrass REALTORS®)

APN: 023-00-00-022.07