NOT LISTED FOR SALE

250 Old Phelps Rd Morehead, KY 40351

Morehead Area

Estimated Value: $242,000 - $435,250

2 Beds
3 Baths
2,508 Sq Ft
$147/Sq Ft Est. Value

Sale Details

Date Sold: March 28, 2023

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

Current estimated payment $2,154 / mo

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

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 Details

Home Type

  • Single Family

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

Year Built

Built in 1985

Lot Details

20.38 Acres

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
  • Lot: Lot Size Acres: 20.383
  • Lot: Lot Size Square Feet: 887883.0
  • Tax Legal: Elementary School: McBrayer
  • Tax Legal: Middle Or Junior School: Rowan Co
  • Tax Legal: High School: Rowan Co
  • Building: Home Warranty YN: No
  • Levels: One and One Half: Yes
  • Other Structures: Shed(s): Yes
  • Patio And Porch Features: Patio: Yes
  • Other Sold Info: New Construction YN: No
  • Cooling: Electric: Yes
  • Lot: View YN: Yes
  • Construction Materials: Stone: Yes
  • Lot: Water Body Access YN: No
  • Patio And Porch Features: Porch: Yes
  • View: Farm: Yes
  • Other Structures: Stable(s): Yes
  • Structure Type: Cabin: Yes
  • Foundation Details: Stone: Yes
  • Construction Materials: Log: 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
  • Interior: Basement YN: Yes
  • Interior: Fireplace YN: Yes
  • Interior Features: Ceiling Fan(s): Yes
  • Attic Features: Access Only: Yes
  • Interior Features: Eat-in Kitchen: 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
  • Lot: Waterfront YN: No
  • Lot: Pool Private YN: No
  • Roof: Metal: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: Yes
  • Garage: Yes
  • Parking Features: Detached Garage, Driveway
  • Parking Features:Driveway: Yes
  • Parking Information: Garage YN: Yes
  • Parking Features: Detached Garage: Yes
  • Parking Information: Carport YN: 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
  • Utilities: Cooling YN: Yes
  • Utilities: Heating YN: Yes
  • Utilities: Electricity Connected: Yes
  • Utilities: Natural Gas Connected: Yes
  • Heating: Natural Gas: Yes
  • Utilities: Sewer Connected: Yes
  • Utilities: Water Connected: 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

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
Feb 21, 2023
Closed on
Mar 28, 2023
Sold by
Bought by
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
$369,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$687
Avg. Annual Appreciation
-0.05%

Purchase Details

Listed on
Mar 26, 2018
Closed on
Apr 5, 2019
Sold by
Bought by
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Morehead, KY

  • Lauren Michal Real Estate Agent - Totally About Houses

    Lauren Michal

    Totally About Houses

    (502) 547-0689

    65 Total Sales

    1 in Morehead

    $220,000 Price

    Lauren Michal
     Section Image
  • Dustin Pennington Real Estate Agent - Keller Williams Legacy Group

    Dustin Pennington

    Keller Williams Legacy Group

    (606) 755-9381

    40 Total Sales

    2 in Morehead

    $8K - $48K Price Range

    Dustin Pennington
     Section Image
  • Randy Newsome Real Estate Agent - United Real Estate Bluegrass

    Randy Newsome

    United Real Estate Bluegrass

    (606) 755-8874

    71 Total Sales

    19 in Morehead

    $52K - $445K Price Range

    Randy Newsome
     Section Image
  • Carrie Stewart Real Estate Agent - Bluegrass Properties Group

    Carrie Stewart

    Responds Quickly

    Bluegrass Properties Group

    (859) 305-3463

    81 Total Sales

    2 in Morehead

    $130K - $179K Price Range

    Carrie Stewart
     Section Image
  • Ashley Spencer Real Estate Agent - Keller Williams Commonwealth

    Ashley Spencer

    Keller Williams Commonwealth

    (606) 208-0996

    250 Total Sales

    1 in Morehead

    $247,500 Price

    Ashley Spencer
     Section Image
  • Brenda Murphy Real Estate Agent - Murphy Realty Group

    Brenda Murphy

    Murphy Realty Group

    (606) 709-8877

    170 Total Sales

    2 in Morehead

    $200K - $235K Price Range

    Brenda Murphy
     Section Image
See All Agents

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
$370,000 --
$228,400 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
Open $62,959
Open $183,343
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 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

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 $1,541 $184,125 $179,125 $5,000
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 Real Estate Agent - C Roger Lewis Agency

    Buyer's Agent in 2023

    Damon Ballinger

    C Roger Lewis Agency

    (606) 784-4168

    40 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

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.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 LBAR Multiple Listing Service. All Rights Reserved.

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