NOT LISTED FOR SALE

224 E Broadway St Winchester, KY 40391

Estimated Value: $188,000 - $255,000

7 Beds
6 Baths
4,493 Sq Ft
$51/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $155,000 $34 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,242/month

15 Days on Market

About This Home

As of April 2021

2 property investment opportunity near downtown! Side by side triplexes with a great rental income! 228 E. Broadway consists of 3 one bedroom one bath apartments. 224 E. Broadway consists of 2 one bedroom one bath units and 1 two bedroom 1 bath unit. Sold As-is! No repairs will be made! Please do not disturb tenants! Notice required to show!

Last Agent to Sell the Property

Jason Townsend

Kentucky Residential Real Estate, LLC License #262019 Listed on: 02/27/2021

Last Buyer's Agent

Ginger Mccoy

Kentucky Residential Real Estate, LLC License #222628

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.42 Acre Lot

Parking

  • 10 Parking Spaces

Home Design

  • 4,493 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Schools

  • Shearer Elementary School
  • Robert Campbell Middle School
  • Grc High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 054-1031-012-00

Community Details

Overview

  • 2 Buildings
  • Downtown Subdivision

Building Details

  • Operating Expense $1,160
  • Gross Income $3,450

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0.42 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Triplex
  • Structure Type: Triplex
  • Year Built: 1940
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bedrooms: 7
  • LivingArea: 4493.0
  • Lot Size Area: 0.42

Exterior Features

  • List Price: 185000.0

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Shearer
  • High School: GRC
  • Middle or Junior School: Robert Campbell

Lot Info

  • Lot Size Acres: 0.42
  • Lot Size Sq Ft: 18295.22
  • Parcel Number: 054-1031-012-00
  • Zoning Description: R-4

Multi Family

  • Operating Expense: 1160.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2021
Closed on
Apr 29, 2021
Sold by
Mccord Forrest E
Bought by
Blue Willow Property Group Llc
Seller's Agent
Jason Townsend
Kentucky Residential Real Estate, LLC
Buyer's Agent
Ginger Mccoy
Kentucky Residential Real Estate, LLC
List Price
$195,000
Sold Price
$155,000
Premium/Discount to List
-$40,000
-20.51%
Current Estimated Value
$227,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,135
Avg. Annual Appreciation
8.29%

Purchase Details

Closed on
Feb 12, 2010
Bought by
Mccord Forrest E and Mccord Claudia
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
Blue Willow Property Group Llc $310,000 --
Mccord Forrest E $130,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2021 04/29/21 Sold $155,000 -16.2% $34 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
03/09/2021 03/09/21 Price Changed $185,000 -5.1% $41 / Sq Ft
02/26/2021 02/26/21 For Sale $195,000 -- $43 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

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
2025 $913 $95,000 $15,000 $80,000
2024 $950 $95,000 $15,000 $80,000
2023 $930 $95,000 $0 $0
2022 $936 $95,000 $0 $0
2021 $810 $82,500 $0 $0
2020 $812 $82,500 $0 $0
2019 $643 $65,000 $0 $0
2018 $635 $65,000 $0 $0
2017 $638 $65,000 $0 $0
2016 $95 $65,000 $0 $0
2015 $95 $65,000 $0 $0
2013 -- $65,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Townsend

    Seller's Agent in 2021

    Jason Townsend

    Kentucky Residential Real Estate, LLC

    (859) 771-0532

    21 in this area

    97 Total Sales

    Jason Townsend
    Section Image

  • G

    Buyer's Agent in 2021

    Ginger Mccoy

    Kentucky Residential Real Estate, LLC

    (859) 321-4580

    8 in this area

    59 Total Sales

    Ginger Mccoy
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20103197

ImagineMLS (Bluegrass REALTORS®)

APN: 054-3021-00500

Kentucky Clark County Winchester 40391

224 E Broadway St, Winchester, KY

Not Listed for Sale

MultiFamily

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