Seller's Agent in 2023
Joe Johnson
Bluegrass Realty & Investments
(502) 352-2650
69 in this area
88 Total Sales
255 Centennial Dr Frankfort, KY 40601
Estimated Value: $962,000 - $1,051,000
24
Beds
24
Baths
11,400
Sq Ft
$88/Sq Ft
Est. Value
Highlights
- 0.88 Acre Lot
- Cooling Available
- Heat Pump System
About This Home
As of August 2023(12) 2 bedroom, 2 full bath units in three buildings on one lot. Potential gross income up to 122,400* per year. Nice lot at end of street with most decks overlooking woods. Two units have a garage perfect for maintenance storage or additional rental income, not included in PGI above.
Last Agent to Sell the Property
Bluegrass Realty & Investments License #203912 Listed on: 05/08/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 0.88 Acre Lot
- Lot Dimensions are 37.19 x 221.69 x 209.8 x 100 x 262.09
Parking
- 20 Parking Spaces
Home Design
- Quadruplex
- Composition Roof
Interior Spaces
- 11,400 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 24 Bedrooms
- 24 Full Bathrooms
Schools
- Elkhorn Elementary School
- Elkhorn Middle School
- Franklin Co High School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 074-30-07-034.00
Community Details
Overview
- 3 Buildings
- 12 Units
- Landings Subdivision
Building Details
- 1 Vacant Unit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2023
Closed on
Aug 29, 2023
Sold by
Arnold Gary C
Bought by
Landrew Properties Llc
Seller's Agent
Joe Johnson
Bluegrass Realty & Investments
Buyer's Agent
Andrew Jarvis
Lifstyl Real Estate
List Price
$1,150,000
Sold Price
$950,000
Premium/Discount to List
-$200,000
-17.39%
Views
195
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,605
Avg. Annual Appreciation
2.14%
Original Mortgage
$900,000
Outstanding Balance
$547,954
Interest Rate
6.96%
Mortgage Type
Seller Take Back
Estimated Equity
$454,651
Purchase Details
Closed on
Jun 3, 2016
Sold by
Arnold Deborah
Bought by
Arnold Gary C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Landrew Properties Llc | $950,000 | None Listed On Document | |
| Arnold Gary C | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Landrew Properties Llc | $900,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/29/2023 08/29/23 | Sold | $950,000 | -9.5% | $83 / Sq Ft |
| 07/22/2023 07/22/23 | Pending | -- | -- | -- |
| 06/28/2023 06/28/23 | Price Changed | $1,050,000 | -6.7% | $92 / Sq Ft |
| 05/31/2023 05/31/23 | Price Changed | $1,125,000 | -2.2% | $99 / Sq Ft |
| 05/08/2023 05/08/23 | For Sale | $1,150,000 | -- | $101 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
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 |
|---|---|---|---|---|
| 2025 | $11,022 | $920,000 | $0 | $0 |
| 2024 | $11,104 | $920,000 | $0 | $0 |
| 2023 | $5,139 | $430,000 | $0 | $0 |
| 2022 | $830 | $430,000 | $0 | $0 |
| 2021 | $4,698 | $400,000 | $0 | $0 |
| 2020 | $4,741 | $400,000 | $30,000 | $370,000 |
| 2019 | $4,840 | $400,000 | $30,000 | $370,000 |
| 2018 | $4,827 | $400,000 | $30,000 | $370,000 |
| 2017 | $796 | $400,000 | $30,000 | $370,000 |
| 2016 | $4,562 | $400,000 | $30,000 | $370,000 |
| 2015 | $6,539 | $400,000 | $30,000 | $370,000 |
| 2011 | $6,539 | $540,000 | $30,000 | $510,000 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Johnson
-
David Dean
D
Seller Co-Listing Agent in 2023
David Dean
Bluegrass Realty & Investments
(502) 545-0654
36 in this area
39 Total Sales
-
Andrew Jarvis
A
Buyer's Agent in 2023
Andrew Jarvis
Lifstyl Real Estate
(859) 338-8344
1 in this area
9 Total Sales
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 23008323
APN: 074-30-07-034.00
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