NOT LISTED FOR SALE

2589 Arkansas Creek Rd Martin, KY 41649

Estimated Value: $54,000 - $101,000

2 Beds
1 Bath
728 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $16,000 $22 Per Sq Ft

Est. 407% increase in value since last sale

Current estimated payment $466/month

66 Days on Market

Highlights

  • 24 Acre Lot
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Garden
  • 1-Story Property

About This Home

As of October 2018

Older home in fair condition on 24 acres of land with suitable building lots and hillside. Nice garden space. Finished attic with permanent stairs that has been used in the past as two small bedrooms. Square footage is not counted in total size because of ceiling height. Lots of potential. PVA lists land value of $26,000. and Farm Value as $45,000. This property is lender-owned, is being sold “as-is” and that U.S. Bank is making no representations or warranties. To place a bid go to REALTYBID.COM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $283

Year Built

  • Built in 1940

Lot Details

  • 24 Acre Lot
  • Garden

Home Design

  • Tar and Gravel Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 728 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Floyd Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$283

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 24
  • Lot Size: 24
  • Subdivision Name: None
  • Directions: US 23 South to Allen. Turn right. Go approximately 4 miles, turn left on Arkansas Creek Road. Go 2 miles, property on left
  • Above Grade Finished Sq Ft: 728
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Building Stories: 1
  • Year Built: 1940
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: 1st Floor Bedroom
  • Window Features: Single Pane

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Garden
  • Patio And Porch Features: Porch, Front Covered
  • Roof: Metal, Tar/Gravel

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: See Agent Comments
  • Water Source: Public

Schools

  • High School: Floyd Central

Lot Info

  • Lot Size Sq Ft: 1045440
  • Zoning: Unknown
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Oct 31, 2018
Sold by
Us Bank Na
Bought by
Merrell Scott Alan
List Price
$17,850
Sold Price
$16,000
Premium/Discount to List
-$1,850
-10.36%
Current Estimated Value
$81,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,111
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
Merrell Scott Alan $16,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $16,000 -10.4% $22 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $17,850 -- $25 / 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 $283 $23,450 $13,450 $10,000
2023 $284 $23,450 $0 $0
2022 $285 $23,474 $0 $0
2021 $286 $23,474 $0 $0
2020 $286 $40,000 $0 $0
2019 $284 $23,450 $0 $0
2018 $381 $45,000 $0 $0
2017 $346 $45,000 $0 $0
2016 $346 $45,000 $0 $0
2015 $316 $45,000 $0 $0
2014 $316 $31,400 $0 $0
2013 $316 $31,400 $0 $0
Source: Public Records

Map

Source: Eastern Kentucky Association of REALTORS®

MLS Number: 110404

APN: 22357

Kentucky Floyd County Martin 41649

2589 Arkansas Creek Rd, Martin, KY

This home is located at 2589 Arkansas Creek Rd, Martin, KY 41649 since 10 May 2018 and is currently estimated at $79,951, approximately $109 per square foot. This property was built in 1940. 2589 Arkansas Creek Rd is a home located in Floyd County with nearby schools including May Valley Elementary School, Allen Central Middle School, and Allen Central High School.

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