$460,000
SOLD MAR 28, 2025

1904 Sherri Ln Murray, KY 42071

1 Bed
-- Bath
3,680 Sq Ft
0.37 Acres

Recently Sold

$125 Per Sq Ft

7% Below List Price

29 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Fenced Yard
  • Murray Elementary School Rated A
  • Covered Patio or Porch
  • Wood Frame Window

About This Home

As of March 2025

INVESTORS! Check out this very well maintained 4-plex apartment building right in the heart of Murray. This 2-story apartment offers four 2-Bed/1-Bath units that have been well kept and serviced throughout, providing excellent housing for those looking to rent in the city limits. The 3 units that are currently occupied have all been increased up to rates that are right on par with some of the newest apartments in town, and this building comes at a more affordable purchase price! The 4th unit has just recently come open, and the owner has went through and made cosmetic updates and is currently advertising to fill the unit. This building would be great for any seasoned or new investor, so don't miss this opportunity to put your money to work!

Last Agent to Sell the Property

Matt Wilson

Check Mark Realty License #266459 Listed on: 01/17/2025

Last Buyer's Agent

Deric Tarnowski

Check Mark Realty License #271656

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.37 Acre Lot
  • Fenced Yard
  • Corner Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Quadruplex
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Vinyl Clad Windows
  • Wood Frame Window
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry closet
  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: 4/Plex
  • Access: Blacktop
  • Deed Book Page: 1395/275
  • Extras: Handicap Accessible
  • Land Use Topography: Level
  • Laundry Location: Closet
  • Restrictions: Zoning
  • Style: 2 Story
  • Tv Cable: Cable Available
  • Estimated Age: 21-30
  • Restriction: Y
  • Stories: Two
  • Bedrooms Per Unit: Two
  • Full Bathrooms Per Unit: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floor Covering: Vinyl/Linoleum
  • Interior Amenities: Closet Light(s), Ceiling Fan(s), Smoke Alarm, Washer/Dryer Hookup, Circuit Breakers
  • Dining Kitchen: Eat-In Kitchen, Living/Dining
  • Bathroom Features: Tub Shower
  • Doors and Windows: Vinyl Frame, Wood Frame
  • Walls: Dry Wall

Exterior Features

  • Construction: Frame
  • Exterior Features: Covered Porch, Deck, Exterior Lights, Fenced Yard, Privacy Fence, Sidewalks, Trees
  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl Space

Utilities

  • Electric Company: Murray Electric
  • Cooling: Central Air
  • Gas Company: Murray Natl Gas
  • Heating: Forced Air, Gas Pack
  • Sewer: Public/Municipality
  • Utilities Available: DSL/High Speed Internet, Garbage - Public, Natural Gas Available, Street Lights
  • Water Company: Murray Municipal
  • Water: Public/Municipality

Lot Info

  • Estimated Number of Acres: 0.37
  • Location: Corner Lot, In City Limits

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
Mar 28, 2025
Sold by
Sherrie Lane Rentals Llc
Bought by
Andrus Investments Llc
Seller's Agent
Matt Wilson
Check Mark Realty
Buyer's Agent
Deric Tarnowski
Check Mark Realty
List Price
$497,000
Sold Price
$460,000
Premium/Discount to List
-$37,000
-7.44%
Views
29
Current Estimated Value
$458,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,452
Avg. Annual Appreciation
-0.43%
Original Mortgage
$391,000
Outstanding Balance
$386,950
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving
Estimated Equity
$71,598

Purchase Details

Closed on
Jun 9, 2020
Sold by
Stanger Ryan Scott and Stanger Sarah Faye
Bought by
Stanger Management Development Llc

Purchase Details

Closed on
Feb 7, 2020
Sold by
Stanger Michael B and Stanger Tiffany N
Bought by
Stanger Ryan Scott and Stanger Sarah Faye

Purchase Details

Closed on
Mar 29, 2018
Sold by
Dolack Daniel B
Bought by
Stanger Michael B and Stanger Ryan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 29, 2005
Sold by
Puckett Gerry J and Puckett Lisa J
Bought by
Dolack Daniel B and Dolack Connie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.77%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $460,000 None Listed On Document
Warranty Deed $460,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $440,748 None Available
Warranty Deed $165,000 None Available
Warranty Deed $190,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $391,000 Credit Line Revolving
Closed $391,000 Credit Line Revolving
Previous Owner $165,000 Future Advance Clause Open End Mortgage
Previous Owner $142,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2025 03/28/25 Sold $460,000 -7.4% $125 / Sq Ft
01/17/2025 01/17/25 For Sale $497,000 -- $135 / 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 $3,604 $400,000 $0 $0
2023 $3,708 $400,000 $0 $0
2022 $1,767 $180,000 $0 $0
2021 $120 $0 $0 $0
2020 $1,635 $165,000 $0 $0
2019 $1,513 $165,000 $0 $0
2018 $1,688 $190,000 $0 $0
2017 $1,640 $190,000 $0 $0
2016 $1,623 $190,000 $0 $0
2015 $1,493 $190,000 $0 $0
2011 $1,493 $190,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 130193

Western Kentucky Regional MLS

APN: 041-G-0010