NOT LISTED FOR SALE

2531 Ky Rt 581 Tutor Key, KY 41263

Estimated Value: $64,000 - $128,000

3 Beds
1 Bath
1,249 Sq Ft
$69/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $39,500 $32 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $508/month

40 Days on Market

Highlights

  • Ranch Style House
  • Double Pane Windows
  • Carpet
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

As of March 2019

Nice, close-to-town location in Tutor Key, KY. Home has newer carpeting in the bedrooms and living room, new light fixtures, and freshly painted interior. The buyer is purchasing AS IS since the kitchen needs completing with floor covering, other appliances, etc.

Last Agent to Sell the Property

Doug Wireman

First Choice Realty & Assoc. Listed on: 12/27/2018

Last Buyer's Agent

Doug Wireman

First Choice Realty & Assoc. Listed on: 12/27/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $489

Year Built

  • Built in 1964

Lot Details

  • 0.41

Home Design

  • Ranch Style House
  • Shingle Roof
  • Masonite

Interior Spaces

  • 1,249 Sq Ft Home
  • Double Pane Windows
  • Carpet
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Open Parking

Schools

  • W. R. Castle Memorial Elementary School
  • Johnson County Middle School
  • Johnson Central High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 0.41 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$489

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Lot Size: .41
  • Subdivision Name: None
  • Directions: From US 23/460, travel 460 east to traffic light at regional jail. Go straight through traffic light and follow RT 40 east for approximately 3 miles and turn left onto RT 581. Go 2.5 miles. Home is on the left. SIY.
  • Above Grade Finished Sq Ft: 1249
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 1249
  • Window Features: Double Pane Windows, Single Pane

Exterior Features

  • Disclosures: Sellers Disclosure
  • Construction Type: Masonite
  • Patio And Porch Features: Front Covered
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Concrete, Carport
  • Total Parking Spaces: 1

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: W. R. Castle Memorial
  • High School: Johnson Central
  • Middle Or Junior School: Johnson County

Lot Info

  • Lot Size Sq Ft: 17859.6
  • Zoning: None
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2025
Sold by
Thornsbury Roger and Thornsbury Linda
Bought by
Mills Gatlin and Mills Amber
Current Estimated Value
$86,390

Purchase Details

Listed on
Dec 27, 2018
Closed on
Mar 29, 2019
Sold by
Helton Jason W
Bought by
Pelphrey Garrett David
Seller's Agent
Doug Wireman
First Choice Realty & Assoc.
Buyer's Agent
Doug Wireman
First Choice Realty & Assoc.
List Price
$49,900
Sold Price
$39,500
Premium/Discount to List
-$10,400
-20.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%
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
Mills Gatlin $35,000 None Listed On Document
Mills Gatlin $35,000 None Listed On Document
Pelphrey Garrett David $39,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Helton Jason $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $39,500 -20.8% $32 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
12/27/2018 12/27/18 For Sale $49,900 +149.5% $40 / Sq Ft
01/08/2015 01/08/15 Sold $20,000 -59.9% $16 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $49,900 -- $40 / Sq Ft
Source: Eastern Kentucky Association of 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 $489 $45,000 $0 $0
2023 $486 $45,000 $0 $0
2022 $479 $45,000 $7,000 $38,000
2021 $473 $45,000 $0 $0
2020 $446 $45,000 $7,000 $38,000
2019 $436 $45,000 $7,000 $38,000
2018 $432 $45,000 $7,000 $38,000
2017 $417 $45,000 $7,000 $38,000
2016 $421 $45,000 $7,000 $38,000
2015 -- $45,000 $7,000 $38,000
2013 $89 $45,000 $7,000 $38,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Doug Wireman

    First Choice Realty & Assoc.

    (606) 205-6630

    98 Total Sales

    Doug Wireman
    Section Image

  • N

    Seller's Agent in 2015

    Norman Jones

    Big Sandy Realty

    (606) 433-1444

    8 Total Sales

    Norman Jones
    Section Image
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Map

Source: Eastern Kentucky Association of REALTORS®

MLS Number: 111530

APN: 052-00-00-082.00

Kentucky Johnson County 41240

2531 Ky Rt 581, KY

This home is located at 2531 Ky Rt 581, Tutor Key, KY 41263 since 27 December 2018 and is currently estimated at $86,390, approximately $69 per square foot. This property was built in 1964. 2531 Ky Rt 581 is a home located in Johnson County with nearby schools including Johnson Central High School and Our Lady of the Mountains School.

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