NOT LISTED FOR SALE

247 Centennial Dr Frankfort, KY 40601

Frankfort Area

Estimated Value: $358,000 - $795,000

8 Beds
8 Baths
8,060 Sq Ft
$63/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2017

Last sale price $351,000 $44 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,265 / mo

1211 Days on Market

About This Home

As of December 2017

This property has two buildings with 4 two bedroom 2 bath units in each building that are on one lot. The total rent per month that the two units bring in is $4200. The tenants pay all utilities. This is a great opportunity for a wise investor.

Last Agent to Sell the Property

Torrey Smith

Torrey Smith Realty Co, LLC License #197981 Listed on: 08/10/2014

Last Buyer's Agent

Kristol Yeager

Bluegrass Sotheby's International Realty License #207552

Bluegrass Sotheby's International Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 21,780 Sq Ft Lot

Parking

  • 20 Parking Spaces

Home Design

  • 8,060 Sq Ft Home
  • Shingle Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Utilities

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

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Landings Subdivision

Building Details

  • Insurance Expense $2,749
  • Real Estate Tax Expense $5,496
  • Gross Income $4,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0.5 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Apartment
  • Structure Type: Multi Family
  • Year Built: 1988
  • New Construction: No
  • Roof:Shingle: Yes
  • Lot: Lot Size Acres: 0.5
  • Lot: Lot Size Square Feet: 21780.02
  • AssociationCommunity: Number Of Buildings: 2.0
  • Other Sold Info: New Construction YN: No
  • Cooling: Electric: Yes
  • Income and Expenses: Gross Income: 4200.0
  • Income and Expenses: Insurance Expense: 2749.0
  • Income and Expenses: Real Estate Taxes: 5496.0
  • Structure Type: Multi Family: Yes
  • AssociationCommunity: Number Of Units Total: 8.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Total Bedrooms: 8
  • LivingArea: 8060.0
  • Lot Size Area: 0.5

Exterior Features

  • Roof: Shingle
  • List Price: 375000.0

Garage/Parking

  • Total Parking Spaces: 20.0
  • Parking Information: Parking Total: 20.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780.02
  • Zoning Description: Multi Family

Multi Family

  • Gross Income: 4200.0
  • Insurance Expense: 2749.0
  • Number of Units Total: 8

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2014
Closed on
Dec 29, 2017
Sold by
Bought by
Seller's Agent
Torrey Smith
Torrey Smith Realty Co, LLC
Buyer's Agent
Kristol Yeager
Bluegrass Sotheby's International Realty
List Price
$351,000
Sold Price
$351,000
Current Estimated Value
$529,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,839
Avg. Annual Appreciation
4.40%
Original Mortgage
$280,800
Interest Rate
3.95%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Frankfort, KY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$351,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $502,500
Closed $280,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/29/2017 12/29/17 Sold $351,000 0.0% $44 / Sq Ft
12/03/2017 12/03/17 Pending -- -- --
08/10/2014 08/10/14 For Sale $351,000 -- $44 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,313 $360,000 $30,000 $330,000
2024 $4,345 $360,000 $0 $0
2023 $4,302 $360,000 $0 $0
2022 $695 $360,000 $0 $0
2021 $4,123 $351,000 $0 $0
2020 $4,160 $351,000 $30,000 $321,000
2019 $4,247 $351,000 $30,000 $321,000
2018 $4,236 $351,000 $30,000 $321,000
2017 $826 $415,000 $30,000 $385,000
2016 $4,733 $415,000 $30,000 $385,000
2015 $5,026 $415,000 $30,000 $385,000
2011 $5,026 $415,000 $30,000 $385,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1415792

ImagineMLS (Bluegrass REALTORS®)

APN: 074-30-07-035.00

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