NOT LISTED FOR SALE

2598 Cumberland Falls Hwy Corbin, KY 40701

Estimated Value: $194,111

0.74 Acre
$262,312 Price per Acre
32,234 Sq Ft Lot

Last Sold June 06, 2021

Last sale price $169,000

Est. 15% increase in value since last sale

Current estimated payment $1,160/month

53 Days on Market

About This Lot

As of June 2021

Absolute Auction Wednesday, June 2, 2021 at 12pm. Prime Commercial Real Estate in Whitley County Ky sitting on .74 acres. No Buyers premium on this auction and it is in conjunction with the Whitley County Master Commissioner. The real estate shall be sold on the terms of (10%) cash at the time of sale and balance on credit of thirty (30) days bearing interest at the rate of six percent (6%) per annum from the date of sale until the purchase price is paid in full. The successful bidder, however, has the right to pay the entire purchase price in cash at the conclusion of the sale. In the event the entire purchase price is not paid in full at the conclusion of the sale, a bond in favor of the Master Commissioner, with good surety approved by the Master Commissioner, will be executed by the successful bidder at the time of the sale in order to secure the remaining balance of the purchase price. If the successful bidder fails to either pay the ten percent (10%) deposit, execute the previous

Last Agent to Sell the Property

Jonathan Noel

Noel Auctioneers and Real Estate Advisors License #216755 Listed on: 04/10/2021

Noel Auctioneers and Real Estate Advisors

Last Buyer's Agent

Jonathan Noel

Noel Auctioneers and Real Estate Advisors License #216755 Listed on: 04/10/2021

Noel Auctioneers and Real Estate Advisors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,602

Lot Details

  • 0.74 Acre Lot
  • Zoning described as Commercial

Community Details

  • Commercial Subdivision

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 120-00-00-089.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,602

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Unimproved Land
  • New Construction: No
  • Special Features: Auction
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 0.74

Exterior Features

  • List Price: 350000.0

Utilities

  • Utilities: Sewer Available

Lot Info

  • Lot Size Acres: 0.74
  • Lot Size Sq Ft: 32234.43
  • Parcel Number: 120-00-00-089.00
  • Zoning Description: Commercial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
Slv Estates Llc
Bought by
Commonwealth Of Kentucky and Transportation Cabinet
Current Estimated Value
$194,111

Purchase Details

Closed on
Jan 4, 2021
Sold by
Garland Jerry Wayne and Estate Of Jerry Wayne Garland
Bought by
Slv Estates Llc
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
Commonwealth Of Kentucky $182,000 None Listed On Document
Slv Estates Llc $169,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2021 06/06/21 Sold $169,000 -51.7% --
06/02/2021 06/02/21 Pending -- -- --
04/10/2021 04/10/21 For Sale $350,000 -- --
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 $1,602 $220,000 $0 $0
2023 $1,641 $220,000 $0 $0
2022 $1,659 $220,000 $0 $0
2021 $1,712 $220,000 $220,000 $0
2020 $1,758 $220,000 $220,000 $0
2019 $1,760 $220,000 $220,000 $0
2018 $1,731 $220,000 $220,000 $0
2017 $1,731 $220,000 $220,000 $0
2016 $1,712 $220,000 $220,000 $0
2015 $1,674 $220,000 $220,000 $0
2014 $1,674 $220,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20105204

ImagineMLS (Bluegrass REALTORS®)

APN: 120-00-00-089.00