NOT LISTED FOR SALE

2256 Sunset Dr Paducah, KY 42003

Estimated Value: $131,000 - $220,000

Studio
-- Bath
-- Sq Ft
0.46 Acres

Last Sold July 21, 2020

Last sale price $110,000

Est. 68% increase in value since last sale

Current estimated payment $1,128/month

17 Days on Market

Highlights

  • Eat-In Kitchen
  • Laundry closet
  • Central Air
  • Reidland Middle School Rated A-
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of July 2020

INVESTORS!!! This property has lots of profit potential with 4 units of rental capacity. There is plenty of parking on each side of the property with a great outdoor space at the front and back of the building. Conveniently located to stores and restaurants and I-24. Currently only 1 unit is rented. The other three need some updating and would be ready to generate an income. There are two bedrooms and a bath upstairs and kitchen & living room downstairs. Sliding door accesses the patio area for each unit. Metal roof is approximately 2 years old.

Last Agent to Sell the Property

Lisa Humphrey

Elite Realty Listed on: 06/20/2020

Last Buyer's Agent

Marc Williams

Elite Realty License #215510

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.46 Acre Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Vinyl Clad Windows
  • Eat-In Kitchen
  • Laundry closet

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • The community has rules related to deed restrictions

Listing and Financial Details

  • The owner pays for water for all units

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: 4/Plex
  • Deed Book Page: 802/406
  • Laundry Location: Closet
  • Restrictions: Deed, Zoning
  • Style: 2 Story
  • Tv Cable: Cable Available
  • Estimated Age: Unknown
  • Restriction: Y
  • Stories: Two
  • Bedrooms Per Unit: Two
  • Full Bathrooms Per Unit: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floor Covering: Carpet, Ceramic Tile, Laminate
  • Dining Kitchen: Eat-In Kitchen
  • Doors and Windows: Vinyl Frame
  • Walls: Dry Wall

Exterior Features

  • Construction: Frame
  • Exterior Finish: Stone
  • Foundation: Slab
  • Roof: Metal

Utilities

  • Electric Company: Paducah Power Sys
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public/Municipality
  • Utilities Available: Natural Gas Available
  • Water: Y
  • Water Company: Paducah Water Works
  • Water Heater: Electric
  • Water: Public/Municipality

Lot Info

  • Estimated Number of Acres: 0.46

Rental Info

  • Owner Pays: Water for all units

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2020
Closed on
Jul 21, 2020
Sold by
Mallory Roger G and Mallory Joan
Bought by
Reed Real Estate Llc
Seller's Agent
Lisa Humphrey
Elite Realty
Buyer's Agent
Marc Williams
Elite Realty
List Price
$135,000
Sold Price
$110,000
Premium/Discount to List
-$25,000
-18.52%
Current Estimated Value
$184,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,503
Avg. Annual Appreciation
9.94%
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
Reed Real Estate Llc $110,000 Mcmurry And Livingston Pllc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2020 07/21/20 Sold $110,000 -18.5% --
06/20/2020 06/20/20 For Sale $135,000 -- --
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
2025 $1,963 $185,000 $0 $0
2024 $1,976 $185,000 $0 $0
2023 $1,235 $126,800 $0 $0
2022 $1,255 $126,800 $0 $0
2021 $1,254 $126,800 $0 $0
2020 $1,255 $126,800 $0 $0
2019 $1,250 $126,800 $0 $0
2018 $1,236 $126,800 $0 $0
2017 $1,201 $126,800 $0 $0
2016 $1,201 $126,800 $0 $0
2015 -- $126,800 $0 $0
2013 -- $126,800 $0 $0
2012 -- $126,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Humphrey

    Seller's Agent in 2020

    Lisa Humphrey

    Elite Realty

    (270) 210-6837

    4 in this area

    145 Total Sales

    Lisa Humphrey
    Section Image
  • Marc Williams

    Buyer's Agent in 2020

    Marc Williams

    Elite Realty

    (270) 331-0946

    14 in this area

    68 Total Sales

    Marc Williams
    Section Image
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Map

Source: Western Kentucky Regional MLS

MLS Number: 108050

Western Kentucky Regional MLS

APN: 113-40-07-038

Kentucky Mccracken County Paducah 42003

2256 Sunset Dr, Paducah, KY

Not Listed for Sale

MultiFamily

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