NOT LISTED FOR SALE

225 Landings Dr Frankfort, KY 40601

Estimated Value: $203,000 - $312,000

6 Beds
3 Baths
2,400 Sq Ft
$103/Sq Ft Est. Value

Last Sold March 02, 2016

Last sale price $55,000 $23 Per Sq Ft

Est. 350% increase in value since last sale

Current estimated payment $1,413/month

302 Days on Market

About This Home

As of March 2016

Triplex with 2 bed and 1 bath units. Outdoor storage garage in rear of building. Off street parking. Newer roof. Strong rental history and cash flow.

Last Agent to Sell the Property

Taylor A Marshall

Bluegrass Realty & Investments Listed on: 03/16/2015

Last Buyer's Agent

Taylor A Marshall

Bluegrass Realty & Investments Listed on: 03/16/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $905

Year Built

  • Built in 1987

Home Design

  • 2,400 Sq Ft Home
  • Triplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Elkhorn Elementary School
  • Elkhorn Middle School
  • Franklin Co High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 074-30-10-014.00

Community Details

Overview

  • 3 Units
  • Landings Subdivision

Building Details

  • Gross Income $13,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$905

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Triplex
  • Structure Type: Triplex
  • Year Built: 1987
  • New Construction: No
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • LivingArea: 2400.0

Exterior Features

  • Roof: Shingle
  • List Price: 75000.0

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Elkhorn Elem
  • High School: Franklin Co
  • Middle or Junior School: Elkhorn Middle

Lot Info

  • Parcel Number: 074-30-10-014.00
  • Zoning Description: MF

Multi Family

  • Number of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2015
Closed on
Mar 2, 2016
Sold by
Tackett Rentals Llc
Bought by
Caden Properties Llc
Seller's Agent
Taylor A Marshall
Bluegrass Realty & Investments
Buyer's Agent
Taylor A Marshall
Bluegrass Realty & Investments
List Price
$55,000
Sold Price
$55,000
Current Estimated Value
$247,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,468
Avg. Annual Appreciation
17.15%
Original Mortgage
$46,750
Outstanding Balance
$33,981
Interest Rate
3.79%
Mortgage Type
Unknown
Estimated Equity
$213,487
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
Caden Properties Llc $55,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caden Properties Llc $46,750
Previous Owner Tackett Mark $55,067
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2016 03/02/16 Sold $55,000 0.0% $23 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
03/15/2015 03/15/15 For Sale $55,000 -- $23 / 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 $905 $75,000 $0 $0
2023 $896 $75,000 $0 $0
2022 $145 $75,000 $0 $0
2021 $646 $55,000 $0 $0
2020 $652 $55,000 $10,000 $45,000
2019 $665 $55,000 $10,000 $45,000
2018 $664 $55,000 $10,000 $45,000
2017 $199 $100,000 $25,000 $75,000
2015 $1,211 $100,000 $25,000 $75,000
2011 $1,211 $100,000 $25,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1504632

ImagineMLS (Bluegrass REALTORS®)

APN: 074-30-10-014.00