NOT LISTED FOR SALE

2556 Cypress Trail New Concord, KY 42076

Estimated Value: $268,410 - $332,000

2 Beds
2 Baths
840 Sq Ft
$354/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $236,000 $281 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,823/month

78 Days on Market

About This Home

As of December 2022

TWO houses next to Cypress Spring Restaurant & Marina! Great vacation rental opportunity! All furnishings & accessories convey! Main house has 2 Bedrooms/ 1 bath with a large screened porch. Second house located at 66 Fossil has a private drive in the back and is arranged as a studio suite with full bath/kitchenette. Located next to Cypress Springs Resort & Marina. Seller has 2 golf carts and a 28 foot pontoon boat in a slip at Cypress Springs Marina that can also be negotiated in the purchase. Great location close to one of Kentucky Lake's favorite restaurants & marinas, just a few miles from the Tennessee state line & Paris Landing State Park. Two detached garages, one of which has the potential to be converted into another rental unit.

Last Agent to Sell the Property

Brenda Hines

The Stables Realty Group License #269251 Listed on: 08/29/2022

Co-Listed By

Sarah Hines

The Stables Realty Group License #266835

Last Buyer's Agent

Brenda Hines

The Stables Realty Group License #269251 Listed on: 08/29/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,116

Year Built

  • Built in 1990

Lot Details

  • 0.45

Parking

  • 2 Car Garage

Interior Spaces

  • 840 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Lake Property
  • 0.45 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,116

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Estimated Age: 31-50
  • Estimated Year Built: 1990
  • Estimated Sq Ft: <1000
  • Deed Book Page: 1338/656
  • Location2: Kentucky Lake
  • Main Level Sq Ft: 840
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Total Bathrooms: 2
  • Price Per Sq Ft: 280.95
  • Estimated Total Sq Ft: 840
  • Living Room Level: M
  • Full Bathrooms: 2
  • Number Of Bedrooms: 2

Garage/Parking

  • Garage Capacity: 2

Schools

  • Elementary School: Calloway/Murray-VERIFY
  • Middle School: Calloway/Murray-VERIFY
  • High School: Calloway/Murray-VERIFY

Lot Info

  • Estimated Number of Acres: 0.45
  • Location: Lake Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Dec 15, 2022
Sold by
Williams Michael Brandon and Williams Vivian Taylor
Bought by
Skaggs Adam Kyle and Skaggs Lacey Nichole
Seller's Agent
Brenda Hines
The Stables Realty Group
Buyer's Agent
Brenda Hines
The Stables Realty Group
List Price
$300,000
Sold Price
$236,000
Premium/Discount to List
-$64,000
-21.33%
Total Days on Market
78
Views
26
Current Estimated Value
$297,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,353
Avg. Annual Appreciation
9.29%

Purchase Details

Closed on
Dec 22, 2010
Sold by
Delaney Heather
Bought by
Thornton Joe Eugene and Thornton Marilyn Marie
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
Skaggs Adam Kyle $236,000 --
Thornton Joe Eugene $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Michael Brandon $228,000
Previous Owner Thornton Randall $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $236,000 -15.7% $281 / Sq Ft
09/25/2022 09/25/22 Price Changed $280,000 -6.7% $333 / Sq Ft
08/29/2022 08/29/22 For Sale $300,000 -- $357 / Sq Ft
Source: Western Kentucky Regional MLS

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 $2,116 $236,000 $0 $0
2023 $2,177 $236,000 $0 $0
2022 $2,668 $285,000 $0 $0
2021 $620 $60,000 $0 $0
2020 $611 $60,000 $0 $0
2019 $550 $60,000 $0 $0
2018 $533 $60,000 $0 $0
2017 $432 $50,000 $0 $0
2016 $427 $50,000 $0 $0
2015 $393 $50,000 $0 $0
2011 $393 $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 118919

Western Kentucky Regional MLS

APN: 106-0-0059