NOT LISTED FOR SALE

250 Old Phelps Rd Morehead, KY 40351

Estimated Value: $334,000 - $424,000

2 Beds
3 Baths
2,508 Sq Ft
$153/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $370,000 $148 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,154/month

23 Days on Market

Highlights

  • Barn
  • 20.38 Acre Lot
  • Colonial Architecture
  • Stables
  • Views of a Farm
  • Wood Flooring

About This Home

As of March 2023

FIRST time on the market !!! The Great Escape!!! Off a quiet country lane near Morehead on 20 magnificent acres with great views!!! Custom Built with hemlock hand hewn logs and stone 1&1/2 story house with 3 bedrooms, 2 baths, full finished walk-out basement, family room with gas-log fireplace, New Central Heat and Air July 2018, hardwood and tile flooring and much more. this house has a natural gas furnace for the main heat source and forced air cooling system. This property is all fenced for horses and has one barn and shed. Call today for your private tour. Sold by the boundary. Also close to Cave Run Lake and I-64 on mile marker 133. DEED calls for 20 acres .. listed below appraised value.

Last Agent to Sell the Property

Andrea Greenhill

All Star Real Estate, Inc. Listed on: 02/21/2023

Last Buyer's Agent

Damon Ballinger

C Roger Lewis Agency License #201292

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,571

Year Built

  • Built in 1985

Lot Details

  • 20.38 Acre Lot
  • Wood Fence
  • Wire Fence

Property Views

  • Farm
  • Rural

Home Design

  • Colonial Architecture
  • Craftsman Architecture
  • Cabin
  • Stone Foundation
  • Metal Roof
  • Log Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Insulated Doors
  • Great Room
  • Family Room
  • Bonus Room
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Attic Access Panel
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Detached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Mcbrayer Elementary School
  • Rowan Co Middle School
  • Rowan Co High School

Utilities

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

Additional Features

  • Barn
  • Stables

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 019-00 00 002.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,571

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Colonial, Craftsman
  • Structure Type: Cabin
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 1604.0
  • Levels: One and One Half
  • New Construction: No
  • Foundation Details:Concrete Perimeter: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • View:Rural: Yes
  • Fencing:Wood2: Yes
  • Architectural Style:Craftsman: Yes
  • Percent Basement Finished: Yes
  • Other Structures:Barn(s): Yes
  • Architectural Style:Colonial: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 904.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • LivingArea: 2508.0
  • Lot Size Area: 20.38
  • Window Features: Blinds, Insulated Windows
  • Full Basement: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Appliances:Oven: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Metal
  • Construction Materials: Stone, Log
  • Fencing: Wood, Other
  • Foundation Details: Concrete Perimeter, Stone
  • Home Warranty: No
  • List Price: 429900.0
  • Other Structures: Barn(s), Shed(s), Stable(s)
  • Patio And Porch Features: Patio, Porch
  • Pool Private: No
  • View: Farm, Rural
  • View YN: Yes
  • Waterfront: No
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Storm Door(s): Yes

Garage/Parking

  • Attached Garage: No
  • Carport: Yes
  • Garage: Yes
  • Parking Features: Detached Garage, Driveway
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Floor Furnace, Forced Air, Natural Gas
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Floor Furnace: Yes

Schools

  • Elementary School: McBrayer
  • High School: Rowan Co
  • Middle or Junior School: Rowan Co

Lot Info

  • Lot Size Acres: 20.38
  • Lot Size Sq Ft: 887883.0
  • Parcel Number: 019-00 00 002.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Mar 28, 2023
Sold by
Bear Gary Wayne and Bear Mary Lou
Bought by
Roberts William W
Seller's Agent
Andrea Greenhill
All Star Real Estate, Inc.
Buyer's Agent
Damon Ballinger
C Roger Lewis Agency
List Price
$479,500
Sold Price
$370,000
Premium/Discount to List
-$109,500
-22.84%
Views
77
Current Estimated Value
$384,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,612
Avg. Annual Appreciation
1.51%

Purchase Details

Listed on
Mar 26, 2018
Closed on
Apr 5, 2019
Sold by
Balck Lindsey and Back Christina
Bought by
Bear Gayr Wayne and Bear Mary Lou
Seller's Agent
Sue McClurg
All Star Real Estate, Inc.
Buyer's Agent
Sue McClurg
All Star Real Estate, Inc.
List Price
$228,400
Sold Price
$228,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%
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
Roberts William W $370,000 --
Bear Gayr Wayne $228,400 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2024 10/27/24 Off Market $228,400 -- --
03/28/2023 03/28/23 Sold $370,000 -13.9% $148 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/08/2023 03/08/23 Price Changed $429,900 -10.3% $171 / Sq Ft
02/21/2023 02/21/23 For Sale $479,500 +109.9% $191 / Sq Ft
04/05/2019 04/05/19 Sold $228,400 0.0% -- View Prior Sale
02/01/2019 02/01/19 Pending -- -- --
03/26/2018 03/26/18 For Sale $228,400 -- --
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 $1,571 $184,125 $179,125 $5,000
2023 $1,016 $165,545 $160,545 $5,000
2022 $1,052 $162,260 $142,260 $20,000
2021 $1,079 $162,260 $142,260 $20,000
2020 $1,464 $228,400 $56,080 $172,320
2019 $1,480 $214,820 $42,500 $172,320
2018 $950 $173,560 $173,560 $0
2017 -- $173,560 $173,560 $0
2016 -- $142,260 $142,260 $0
2014 $722 $85,400 $0 $0
2013 $722 $85,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Andrea Greenhill

    All Star Real Estate, Inc.

  • Damon Ballinger

    Buyer's Agent in 2023

    Damon Ballinger

    C Roger Lewis Agency

    (606) 784-4168

    15 in this area

    38 Total Sales

    Damon Ballinger
    Section Image

  • S

    Seller's Agent in 2019

    Sue McClurg

    All Star Real Estate, Inc.

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23003089

ImagineMLS (Bluegrass REALTORS®)

APN: 019-00-00-002.00

Kentucky Rowan County Morehead 40351

250 Old Phelps Rd, Morehead, KY

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