NOT LISTED FOR SALE

2568 Talmage Mayo Rd Salvisa, KY 40372

Estimated Value: $205,000 - $283,000

3 Beds
1 Bath
1,200 Sq Ft
$199/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $201,000 $168 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,448/month

79 Days on Market

Highlights

  • Barn
  • Spa
  • Ranch Style House
  • Stables
  • Views of a Farm
  • Wood Flooring

About This Home

As of September 2023

Back on the market due to Buyer financing. Property has passed fha inspection and appraisal.

Sit back and enjoy this SLICE OF HEAVEN on ~ 2 acres with garden area, berries, and multiple fruit and nut trees!
2-3 bedrooms, 1 bath home with exterior deck loaded with character. Mostly hardwoord floors, clogless gutters and primax windows to minimize home maintenance. There's more! A greenhouse with propane, a tiny house overlooking farm land with electric (no water) perfect for an office with its own internet service. A shed with concrete floor, and chicken nesting boxes ready to go. Plus a run in shed for your livestock with electric and water. Mostly floored attic with pull down stairs. Newer septic. A newer high end 8 person hot tub also conveys. Existing wells for geo thermal also in place. Original use was a schoolhouse. 1 year warranty included.
Sold AS IS - Inspections Welcome.

Last Agent to Sell the Property

Jennifer Ray

RE/MAX Elite Lexington License #262914 Listed on: 08/23/2023

RE/MAX Elite Lexington

Co-Listed By

KRISTY GOOCH

RE/MAX Elite Realty License #200718

Last Buyer's Agent

Libby VanMeter

Marshall Lane Real Estate - Lexington License #263055

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,402

Lot Details

  • 2 Acre Lot
  • Fenced

Parking

  • Driveway

Property Views

  • Farm
  • Rural

Home Design

  • Ranch Style House
  • Stone Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Insulated Doors
  • Family Room
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Attic Floors

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Spa
  • Shed

Schools

  • Mercer Co Elementary And Middle School
  • Mercer Co High School

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Cooling Available
  • Heating System Uses Wood
  • Septic Tank

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,402

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 9999
  • Above Grade Finished Sq Ft: 1200.0
  • Levels: One
  • New Construction: No
  • Structure Type:House: Yes
  • Flooring:Hardwood: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Laminate: Yes
  • Appliances Refrigerators: Yes
  • View:Rural: Yes
  • Other Structures:Barn(s): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Primary Downstairs
  • Flooring: Hardwood, Laminate
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • LivingArea: 1200.0
  • Lot Size Area: 2.0
  • Window Features: Insulated Windows
  • Appliances Range: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Roof: Metal
  • Construction Materials: Wood Siding
  • Fencing: Other
  • Foundation Details: Stone
  • Home Warranty: Yes
  • Horse: Yes
  • List Price: 200000.0
  • Other Structures: Barn(s), Shed(s), Stable(s)
  • View: Farm, Rural
  • View YN: Yes
  • Waterfront: No
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Wood
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Mercer Co
  • High School: Mercer Co
  • Middle or Junior School: Mercer Co

Lot Info

  • Lot Size Acres: 2.0
  • Lot Size Sq Ft: 87120.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Sep 29, 2023
Sold by
Makin Maria and Makin Jerome
Bought by
Edwards Cortni Marie and Edwards Justin L
Seller's Agent
Jennifer Ray
RE/MAX Elite Lexington
Buyer's Agent
Libby VanMeter
Marshall Lane Real Estate - Lexington
List Price
$200,000
Sold Price
$201,000
Premium/Discount to List
$1,000
0.5%
Views
23
Current Estimated Value
$238,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,569
Avg. Annual Appreciation
8.59%
Original Mortgage
$196,377
Outstanding Balance
$192,494
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$46,075

Purchase Details

Closed on
Oct 28, 2022
Sold by
Makin Jerome Joseph and Makin Maria C
Bought by
Thompson Katrina and Miller Donald

Purchase Details

Listed on
Mar 8, 2010
Closed on
Apr 18, 2012
Sold by
Reynolds Jana L and Reynolds
Bought by
Makin Maria and Makin Jr. Jerome
Seller's Agent
Marshall Norton
Earl Foley Realty & Auction
Buyer's Agent
Melinda D. Earlywine
CENTURY 21 Commonwealth Real Estate
List Price
$50,500
Sold Price
$50,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Original Mortgage
$47,975
Interest Rate
3.9%

Purchase Details

Closed on
Sep 25, 2008
Sold by
Master Commissioner Larry D Catlett
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
Apr 7, 2005
Sold by
Ky-Wide Investments Llc
Bought by
Vogt Arthur and Price Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
5.57%
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
Edwards Cortni Marie $201,000 Louisville Title
Thompson Katrina $155,000 Foundation Title
Makin Maria $50,500 --
Hsbc Bank Usa $43,334 --
Vogt Arthur $67,200 Advanced Land Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Cortni Marie $196,377
Previous Owner Makin Maria $47,975
Previous Owner Vogt Arthur $67,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Sold $201,000 +0.5% $168 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/23/2023 08/23/23 Price Changed $200,000 0.0% $167 / Sq Ft
08/23/2023 08/23/23 For Sale $200,000 -2.4% $167 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
07/01/2023 07/01/23 Price Changed $205,000 0.0% $171 / Sq Ft
07/01/2023 07/01/23 For Sale $205,000 -6.4% $171 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $219,000 +333.7% $183 / Sq Ft
04/06/2012 04/06/12 Sold $50,500 0.0% $42 / Sq Ft View Prior Sale
02/02/2012 02/02/12 Pending -- -- --
03/06/2010 03/06/10 For Sale $50,500 -- $42 / Sq Ft
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 $2,402 $201,000 $10,000 $191,000
2023 $966 $80,100 $0 $0
2022 $946 $80,100 $0 $0
2021 $952 $80,100 $0 $0
2020 $643 $54,340 $5,000 $49,340
2019 $653 $54,340 $5,000 $49,340
2018 $638 $54,340 $0 $0
2017 $617 $54,340 $0 $0
2016 $605 $54,340 $0 $0
2015 $547 $54,340 $5,000 $49,340
2014 $547 $50,500 $0 $0
2010 -- $36,000 $5,000 $31,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23010755

ImagineMLS (Bluegrass REALTORS®)

APN: 023.00-00021.00