NOT LISTED FOR SALE

Estimated Value: $295,799 - $531,000

8 Beds
4 Baths
3,775 Sq Ft
$110/Sq Ft Est. Value

Last Sold March 28, 2016

Last sale price $168,500 $45 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,340/month

742 Days on Market

About This Home

As of March 2016

This property is enjoying a great cash flow with very little maintenance. Property underwent a major renovation 2 years ago to make this property practically maintenance free for the next few years. This property has a gross scheduled income of 2,100 per month or $25,200 per year.

Last Agent to Sell the Property

R Chad Crouch

Lifstyl Real Estate Listed on: 02/05/2014

Last Buyer's Agent

W Jean Sipe

RE/MAX Elite Lexington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,853

Parking

  • 5 Parking Spaces

Home Design

  • 3,775 Sq Ft Home
  • Quadruplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Woodford Co Middle School
  • Woodford Co High School

Additional Features

  • Sprinkler System
  • Forced Air Heating System

Community Details

Overview

  • 4 Units
  • Laval Heights Subdivision

Building Details

  • Electric Expense $600
  • Water Sewer Expense $1,200
  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,853

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Quadruplex
  • Structure Type: Quadruplex
  • New Construction: No
  • Roof:Shingle: Yes
  • Structure Type:Quadruplex: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • LivingArea: 3775.0

Exterior Features

  • Roof: Shingle
  • List Price: 170000.0

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Electric, None
  • Cooling: Yes
  • Heating: Yes
  • Security Features: Fire Sprinkler System
  • Utilities: Electricity Connected
  • Heating:Forced Air: Yes

Fee Information

  • Water Sewer Expenses: 1200.0

Schools

  • High School: Woodford Co
  • Middle or Junior School: Woodford Co

Lot Info

  • Zoning Description: multi housing

Multi Family

  • Electric Expense: 600.0
  • Number of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2014
Closed on
Mar 28, 2016
Sold by
Caney Creek Holdings Llc
Bought by
Quinonez Sergio
Seller's Agent
R Chad Crouch
Lifstyl Real Estate
Buyer's Agent
W Jean Sipe
RE/MAX Elite Lexington
List Price
$168,500
Sold Price
$168,500
Current Estimated Value
$413,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,900
Avg. Annual Appreciation
9.83%
Original Mortgage
$134,800
Outstanding Balance
$83,353
Interest Rate
3.65%
Mortgage Type
Commercial
Estimated Equity
$330,047

Purchase Details

Listed on
Jun 20, 2013
Closed on
Aug 15, 2013
Sold by
Bank Of America Na
Bought by
Caney Creek Holdings Llc
Seller's Agent
Rick Szaks
Lincoln Real Estate
Buyer's Agent
R Chad Crouch
Lifstyl Real Estate
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.94%
Original Mortgage
$94,000
Interest Rate
4.39%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 8, 2013
Sold by
Master Commissioner Robert C Stilz Jr
Bought by
Bank Of America
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
Quinonez Sergio $168,500 None Available
Caney Creek Holdings Llc $40,700 --
Bank Of America $29,334 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quinonez Sergio $134,800
Previous Owner Caney Creek Holdings Llc $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2016 03/28/16 Sold $168,500 0.0% $45 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
02/05/2014 02/05/14 For Sale $168,500 +321.3% $45 / Sq Ft
09/19/2013 09/19/13 Sold $40,000 0.0% $11 / Sq Ft View Prior Sale
06/26/2013 06/26/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $40,000 -- $11 / 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
2024 $1,853 $170,000 $0 $0
2023 $1,908 $168,500 $0 $0
2022 $1,882 $168,500 $0 $0
2021 $1,901 $168,500 $0 $0
2020 $1,905 $168,500 $0 $0
2019 $1,660 $168,500 $0 $0
2018 $1,642 $168,500 $0 $0
2017 $1,612 $168,500 $0 $0
2016 $1,052 $110,000 $0 $0
2015 $1,055 $110,000 $0 $0
2010 -- $132,000 $42,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1402019

ImagineMLS (Bluegrass REALTORS®)

APN: 30-5030-023-00