NOT LISTED FOR SALE

1700-1702 Hill View Place Lexington, KY 40504

Red Mile Neighborhood

Estimated Value: $275,000 - $308,000

6 Beds
2 Baths
1,728 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $276,000 $160 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,877/month

Highlights

  • Granite Countertops
  • Fireplace
  • Patio
  • Beaumont Middle School Rated A
  • Mini Split Air Conditioners
  • 1-Story Property

About This Home

As of September 2023

This is the investment property you have been looking for! Live in one side of this duplex and rent the other or add this fantastic property to your rental portfolio. Each unit features three bedrooms and a full bath. Both units feel fresh and new- featuring fresh paint, brand new flooring, new fixtures and new doors (inside and out). Completely remodeled baths. Each kitchen has been remodeled with brand new cabinets, granite countertops and new stainless steel appliances. Lovely yard with mature landscaping + 2 new water heaters! Don't forget about the updated electrical. Come see it before its gone! Great floor plan! Each unit features 2 bedrooms located on the main floor plus additional bedroom located on the finished lower level plus bonus room. The square footage measures to right at 1005 per unit including the lower level finished space.

Last Agent to Sell the Property

Jennifer Day

RE/MAX Preferred Group License #656022690 Listed on: 08/02/2023

RE/MAX Preferred Group

Last Buyer's Agent

Outside Agent

Outside Sales

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,413

Year Built

  • Built in 1968

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 32x54
  • Wood Fence

Parking

  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 6 Bedrooms
  • 1,728 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Dishwasher
  • Granite Countertops

Outdoor Features

  • Patio

Schools

  • Lane Allen Elementary School
  • Beaumont Middle School
  • Lafayette High School

Utilities

  • Mini Split Air Conditioners
  • Central Air
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters

Community Details

  • 2 Units
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Tenant pays for electricity, heat
  • The owner pays for sewer, water
  • Assessor Parcel Number 14172500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,413

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Cooling: Central Air
  • Property Sub Type: Multi Family
  • Owner Pays: Sewer, Water
  • Lot Size Acres: 0.25
  • Year Built: 1968
  • Lot Size: 32x54
  • Directions: Versailles to Terrace View to Hill View
  • New Construction: No
  • Structure Type: Duplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Lane Allen Elementary
  • Location Tax Legal Info:Middle or Junior School: Beaumont Middle
  • Location Tax Legal Info:High School: Lafayette High School
  • Location Tax Legal Info:Subdivision2: Unknown
  • Contract Info:Auction YN: No
  • General Property Description:Basement YN2: Yes
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: 32x54
  • Cooling:Central Air: Yes
  • Foundation:Poured Concrete: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Natural Gas Available: Yes
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.2487
  • General Property Description:Living Area: 1728.0
  • General Property Description:Lot Size Square Feet: 10832.0
  • Location Tax Legal Info:Tax ID: 14172500
  • Appliances Refrigerators: Yes
  • Fencing:Wood3: Yes
  • General Property Description:_pound_ of Buildings: 1
  • Levels:One2: Yes
  • Utilities:Separate Air Condition: Yes
  • Utilities:Separate Furnace: Yes
  • Utilities:Separate Gas Electric: Yes
  • General Property Description:Number Of Units Total: 2
  • Structure Type:Duplex: Yes
  • Property Ownership:Corporate: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Granite Counters
  • Heating: Natural Gas
  • Levels: One
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Heat
  • Number Of Buildings: 1
  • Appliances: Electric Oven, Dishwasher, Refrigerator
  • Total Bedrooms: 6
  • Fireplace: No
  • Living Area: 1728.0
  • Window Features: Vinyl Frames
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wood
  • Roof: Shingle
  • Construction Type: Brick
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Patio
  • Construction Materials:Brick2: Yes
  • Window Features:Vinyl Frames: Yes
  • Patio and Porch Features:Patio: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Heating:Natural Gas2: Yes

Schools

  • Elementary School: Lane Allen Elementary
  • Junior High Dist: Fayette Co Public
  • High School: Lafayette High School
  • Middle Or Junior School: Beaumont Middle

Lot Info

  • Lot Size Sq Ft: 10832.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Sep 20, 2023
Sold by
Sfr3-050 Llc
Bought by
Cox Makayla and Obermeyer Michelle K
Seller's Agent
Jennifer Day
RE/MAX Preferred Group
Buyer's Agent
Outside Agent
Outside Sales
List Price
$265,000
Sold Price
$276,000
Premium/Discount to List
$11,000
4.15%
Views
19
Current Estimated Value
$288,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,504
Avg. Annual Appreciation
2.57%
Original Mortgage
$229,500
Outstanding Balance
$226,093
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$63,394

Purchase Details

Closed on
Apr 29, 2022
Sold by
Shake And Bake Llc
Bought by
Sfr3-050 Llc
Source: Public Records

Range of Values:

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Average Value
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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
Cox Makayla $276,000 None Listed On Document
Sfr3-050 Llc $143,000 None Listed On Document
Shake And Bake Llc $110,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Makayla $229,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $276,000 +4.2% $160 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $265,000 -- $153 / Sq Ft
Source: Northern Kentucky Multiple Listing Service

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 $3,413 $276,000 $0 $0
2023 $1,768 $143,000 $0 $0
2022 $1,552 $121,500 $0 $0
2021 $1,552 $121,500 $0 $0
2020 $1,552 $121,500 $0 $0
2019 $1,552 $121,500 $0 $0
2018 $1,289 $100,900 $0 $0
2017 $1,228 $100,900 $0 $0
2015 $1,321 $100,900 $0 $0
2014 $1,321 $118,000 $0 $0
2012 $1,321 $118,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 615853

Northern Kentucky Multiple Listing Service

APN: 14172500