NOT LISTED FOR SALE

2205 Highway 26 Corbin, KY 40701

Estimated Value: $137,335 - $247,000

2 Beds
2 Baths
-- Sq Ft
0.5 Acres

Last Sold April 22, 2022

Last sale price $120,000

Est. 52% increase in value since last sale

Current estimated payment $1,024/month

7 Days on Market

About This Home

As of April 2022

- Home and Duplex
This conveniently located income producing property consists of a one-bedroom frame house and a duplex. These units produce $1675 per month in rental income. Several upgrades have recently been done to the property,; new septic tanks, hv/ac, etc. All appliances go with the property. These units have a good occupancy record.

Last Agent to Sell the Property

Lonnie Anderson

Anderson's Premier Realty License #190523 Listed on: 03/31/2022

Last Buyer's Agent

Kayla Yokley

Shawn Rogers Realty, Inc

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.5

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Metal Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Whitley North Elementary School
  • Whitley County Middle School
  • Whitley County High School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • 2-Story Property
  • 0.5 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 139-40-01-004.00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Rural Subdivision

Building Details

  • Gross Income $20,100

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Apartment
  • Structure Type: Duplex, Multi Family, Other
  • Year Built: 9999
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Lot Size Area: 0.5
  • Total Stories: 2

Exterior Features

  • Roof: Metal
  • List Price: 149000.0

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Heating: Heat Pump
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Whitley North
  • High School: Whitley County
  • Middle or Junior School: Whitley County

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780.0
  • Parcel Number: 139-40-01-004.00
  • Zoning Description: none

Multi Family

  • Gross Income: 20100.0
  • Number of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 22, 2022
Sold by
Helton Robert
Bought by
Patel Amit
Seller's Agent
Lonnie Anderson
Anderson's Premier Realty
Buyer's Agent
Kayla Yokley
Shawn Rogers Realty, Inc
List Price
$149,000
Sold Price
$120,000
Premium/Discount to List
-$29,000
-19.46%
Current Estimated Value
$181,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,834
Avg. Annual Appreciation
11.89%
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
Patel Amit $120,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $120,000 -19.5% --
04/08/2022 04/08/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $149,000 -- --
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 $874 $120,000 $0 $0
2023 $895 $120,000 $0 $0
2022 $905 $120,000 $0 $0
2021 $625 $80,300 $80,300 $0
2020 $642 $80,300 $80,300 $0
2019 $642 $80,300 $80,300 $0
2018 $632 $0 $0 $0
2017 $632 $80,300 $80,300 $0
2016 $625 $80,300 $80,300 $0
2015 $611 $80,300 $80,300 $0
2014 $611 $80,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lonnie Anderson

    Anderson's Premier Realty

    (606) 215-1370

    5 in this area

    51 Total Sales

    Lonnie Anderson
    Section Image

  • K

    Buyer's Agent in 2022

    Kayla Yokley

    Shawn Rogers Realty, Inc

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22006001

ImagineMLS (Bluegrass REALTORS®)

APN: 139-40-01-004.00

Kentucky Whitley County Corbin 40701

2205 Highway 26, Corbin, KY

Not Listed for Sale

MultiFamily

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