NOT LISTED FOR SALE

236 Landings Dr Frankfort, KY 40601

Estimated Value: $252,657 - $280,000

8 Beds
8 Baths
4,224 Sq Ft
$63/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $122,500 $29 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,592/month

464 Days on Market

About This Home

As of August 2015

Seller has bought his property for $125,000 and now he is selling it for $122,500. The reason for selling is change of plan for his investment. According to seller this property almost always stays occupied. Rents are from $450-$500 per month. Its average income is $22,800 for selling price of $122,500. Cap rate before expenses is 18.61%. You can see the return it generates. Take a look inside you will not be disappointed. Seller has another building for sale on the same street. I am guessing you can get great package deal.

Last Agent to Sell the Property

Fred Kamdar

Milestone Realty Consultants Listed on: 04/11/2014

Last Buyer's Agent

Fred Kamdar

Milestone Realty Consultants Listed on: 04/11/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,750

Home Design

  • 4,224 Sq Ft Home
  • Quadruplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 8 Bedrooms

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • Landings Subdivision
  • Gross Income $23,760

Listing and Financial Details

  • Assessor Parcel Number 074-30-07-022.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,750

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
  • Half Bathrooms: 4
  • Total Bathrooms: 8
  • Total Bedrooms: 8
  • LivingArea: 4224.0

Exterior Features

  • Roof: Shingle
  • List Price: 122500.0

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: 074-30-07-022.00
  • Zoning Description: R-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2014
Closed on
Aug 14, 2015
Sold by
Feltner William and Feltner Barbara
Bought by
Bigdell Soheyl
Seller's Agent
Fred Kamdar
Milestone Realty Consultants
Buyer's Agent
Fred Kamdar
Milestone Realty Consultants
List Price
$122,500
Sold Price
$122,500
Current Estimated Value
$267,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,914
Avg. Annual Appreciation
8.08%
Source: Public Records

Range of Values:

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Average Value
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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
Bigdell Soheyl $122,500 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2015 08/14/15 Sold $122,500 0.0% $29 / Sq Ft
07/11/2015 07/11/15 Pending -- -- --
04/03/2014 04/03/14 For Sale $122,500 -2.0% $29 / Sq Ft
01/18/2013 01/18/13 Sold $125,000 0.0% $30 / Sq Ft
01/13/2013 01/13/13 Pending -- -- --
01/12/2013 01/12/13 For Sale $125,000 -- $30 / 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 $1,750 $145,000 $0 $0
2023 $1,733 $145,000 $0 $0
2022 $280 $145,000 $0 $0
2021 $1,439 $122,500 $0 $0
2020 $1,452 $122,500 $20,000 $102,500
2019 $1,482 $122,500 $20,000 $102,500
2018 $1,478 $122,500 $20,000 $102,500
2017 $1,641 $122,500 $20,000 $102,500
2016 $1,397 $122,500 $20,000 $102,500
2011 $1,756 $145,000 $25,000 $120,000
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2015

    Fred Kamdar

    Milestone Realty Consultants

  • G

    Seller's Agent in 2013

    Gary Adkinson

    Coldwell Banker Preferred Realty

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1406175

ImagineMLS (Bluegrass REALTORS®)

APN: 074-30-07-022.00

Kentucky Franklin County Frankfort 40601

236 Landings Dr, Frankfort, KY

This home is located at 236 Landings Dr, Frankfort, KY 40601 since 11 April 2014 and is currently estimated at $267,414, approximately $63 per square foot. 236 Landings Dr is a home located in Franklin County with nearby schools including Elkhorn Elementary School, Elkhorn Middle School, and Franklin County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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