NOT LISTED FOR SALE

245 Bailey Rd Murray, KY 42071

Estimated Value: $273,000 - $384,000

5 Beds
2 Baths
2,885 Sq Ft
$112/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $230,000 $80 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,866/month

57 Days on Market

Highlights

  • Family Room with Fireplace
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Murray Elementary School Rated A
  • Bonus Room
  • Wood Frame Window

About This Home

As of March 2023

Stately brick ranch with so much space! Sitting back from the road on a level acre with city amenities but county taxes, this beautiful 5 bedroom home has formal living and dining room with fireplace and large bay window. The kitchen adjoins the family room with fireplace and space for informal dining! Two bedrooms with a full bath are on the main level and 3 sizable bedrooms upstairs with study areas, two with built-ins. Great family home or investment opportunity! Current tenants' leases expire June 2023.

Last Agent to Sell the Property

Sue Ann Stevens

Benchmark Realty License #220186 Listed on: 12/08/2022

Benchmark Realty

Last Buyer's Agent

Bonnie Byerly

Hometown Realty & Property Management, LLC License #206957

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,033

Year Built

  • Built in 1967

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Plaster Walls
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,885 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Sheet Rock Walls or Ceilings
  • Multiple Fireplaces
  • Wood Frame Window
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Utility Room
  • Crawl Space
  • Stove

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Parking

  • 1 Carport Space
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,033

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Access: Paved Road, Public Road
  • Estimated Age: 51-75
  • Estimated Year Built: 1967
  • Estimated Sq Ft: 2751-3000
  • Estimated Size Bedroom 2: 13x12
  • Estimated Size Bedroom 3: 20x14
  • Estimated Size Bedroom 4: 16xf14
  • Estimated Bonus Room Size: 30x11.9
  • Bonus Room Level: U
  • Deed Book Page: 1266/24
  • Estimated Dining Room Size: 10x15
  • Family Room Estimated Size: 14.8x17.5
  • Family Room Level: M
  • Fireplace Wood Stove: Family Room, Living Room, Two or More
  • Estimated Kitchen Size: 14.8x12
  • Land Use Topography: Level
  • Laundry Location: Utility Room
  • Estimated Living Room Sq Ft: 19x15
  • Location2: County
  • Main Level Sq Ft: 1780
  • Estimated Primary Bedroom Size: 14x12
  • Master Bed Level: M
  • Style: 1.5 Story
  • Upper Level Sq Ft: 1105
  • Estimated Utility Size: 11x7
  • Utility Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1967

Interior Features

  • Floor Covering: Carpet, Laminate
  • Appliances: Dryer, Refrigerator, Stove, Washer
  • Interior Amenities: Book Shelves, Closet Light(s), Security System, Walk-In Closet, Washer/Dryer Hookup, Circuit Breakers
  • Total Bathrooms: 2
  • Dining Kitchen: Kitchen/Dining Room, Kitchen/Family
  • Estimated Total Sq Ft: 2885
  • Bedroom 2 Level: M
  • Bedroom 3 Level: U
  • Bedroom 4 Level: U
  • Dining Room Level: M
  • Doors and Windows: Storm Windows, Wood Frame
  • Kitchen Level: M
  • Living Room Level: M
  • Full Bathrooms: 2
  • Number Of Bedrooms: 5
  • Walls: Dry Wall, Plaster

Exterior Features

  • Construction: Frame
  • Exterior Features: Covered Porch, Outbuildings, Paved Drive, Trees
  • Exterior Finish: Brick/Siding
  • Foundation: Concrete Block, Crawl Space
  • Roof: Dimensional Shingle

Garage/Parking

  • Garage Type: Carport
  • Carport Capacity: 1

Utilities

  • Electric Company: Murray Electric
  • Cooling: Central Air, Window Unit(s)
  • Heating: Electric, Forced Air
  • Sewer: Public/Municipality
  • Utilities Available: Garbage - Public
  • Water: Public/Municipality
  • Water Company: Murray Municipal
  • Water Heater: Electric

Lot Info

  • Estimated Number of Acres: 1

Tax Info

  • Tax District: 10 county

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Mar 7, 2023
Sold by
Charles Mitchell Brad and Wright Lindsey
Bought by
Sutton Donnie J and Sutton Michelle P
Seller's Agent
Sue Ann Stevens
Benchmark Realty
Buyer's Agent
Bonnie Byerly
Hometown Realty & Property Management, LLC
List Price
$267,000
Sold Price
$230,000
Premium/Discount to List
-$37,000
-13.86%
Views
431
Current Estimated Value
$322,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,625
Avg. Annual Appreciation
13.62%
Original Mortgage
$233,000
Outstanding Balance
$125,387
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$197,238

Purchase Details

Listed on
May 23, 2020
Closed on
Jul 1, 2020
Sold by
Tidwell Timothy and Tidwell Judith
Bought by
Mitchell Brad C and Mitchell Lindsey W
Seller's Agent
Gale Broach Sharp
Kopperud Realty
Buyer's Agent
Sue Ann Stevens
Benchmark Realty
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.50%
Original Mortgage
$122,684
Interest Rate
2.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 31, 2017
Closed on
Jun 16, 2017
Sold by
Honchul Delbert and Honchul Quava
Bought by
Tidwell Timothy Lee and Tidwell Judith Ann
Seller's Agent
Michael Harris
Harris Real Estate & Auction
Buyer's Agent
Michael Harris
Harris Real Estate & Auction
List Price
$102,500
Sold Price
$102,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.47%
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
Sutton Donnie J $230,000 --
Mitchell Brad C $160,000 Foreman Watson Land Ttl Llc
Tidwell Timothy Lee $121,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutton Donnie J $233,000
Previous Owner Mitchell Brad C $122,684
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2023 03/07/23 Sold $230,000 -7.1% $80 / Sq Ft
01/27/2023 01/27/23 Price Changed $247,500 -0.9% $86 / Sq Ft
01/09/2023 01/09/23 Price Changed $249,800 -3.9% $87 / Sq Ft
12/16/2022 12/16/22 Price Changed $260,000 -2.6% $90 / Sq Ft
12/08/2022 12/08/22 For Sale $267,000 +66.9% $93 / Sq Ft
07/01/2020 07/01/20 Sold $160,000 -3.0% $55 / Sq Ft View Prior Sale
05/23/2020 05/23/20 For Sale $165,000 +61.0% $57 / Sq Ft
07/31/2017 07/31/17 Sold $102,500 0.0% $49 / Sq Ft View Prior Sale
07/31/2017 07/31/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $102,500 -- $49 / Sq Ft
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
2024 $2,033 $230,000 $0 $0
2023 $1,465 $160,000 $0 $0
2022 $1,494 $160,000 $0 $0
2021 $1,523 $160,000 $0 $0
2020 $1,141 $121,000 $0 $0
2019 $1,109 $121,000 $0 $0
2018 $1,075 $121,000 $0 $0
2017 $884 $140,000 $0 $0
2016 $880 $140,000 $0 $0
2015 $833 $140,000 $0 $0
2011 $833 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 120130

Western Kentucky Regional MLS

APN: 041-0-0024