NOT LISTED FOR SALE

260 Pelican Way Cadiz, KY 42211

Estimated Value: $765,704 - $1,156,000

5 Beds
4.5 Baths
7,167 Sq Ft
$130/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $535,000 $75 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,336/month

150 Days on Market

Highlights

  • Waterfront
  • Deck
  • Main Floor Primary Bedroom
  • Fireplace in Kitchen
  • Wood Flooring
  • Bonus Room

About This Home

As of March 2018

LAKE BARKLEY custom designed 7000+ SQFT secluded luxurious waterfront log home on 6 Acres Between builder and current owner over 1 MILLION Dollars has been invested in this custom designed log waterfront home. Hardwood floors on main and upper levels. Open stone fireplace to both kitchen and great room. Upper level has 3 bedrooms one which is a large bunk room and a beautiful catwalk with study and library. Mother-in- law suite and separate game room lower level. REDUCED PRICE SELLER SAYS SELL! $649,000

Last Agent to Sell the Property

Glenda Ritchie

1st Realty Group License #201492 Listed on: 08/03/2017

Last Buyer's Agent

Glenda Ritchie

1st Realty Group License #201492 Listed on: 08/03/2017

Home Details

Home Type

  • Single Family

Lot Details

  • 6 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Lot Has A Rolling Slope

Home Design

  • Log Cabin
  • Log Walls
  • Metal Roof
  • Log Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Sound System
  • Tray Ceiling
  • Sheet Rock Walls or Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Thermal Pane Windows
  • Vinyl Clad Windows
  • Great Room with Fireplace
  • Family Room Downstairs
  • Combination Kitchen and Dining Room
  • Den
  • Bonus Room
  • Workshop
  • Utility Room
  • Home Security System

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher
  • Fireplace in Kitchen

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Separate Shower

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Kitchen in Basement

Parking

  • 4 Car Garage
  • Heated Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic System
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 7

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Access: Gravel
  • Estimated Age: 04-10
  • Estimated Year Built: 1009
  • Estimated Sq Ft: 4000+
  • Finished Basement Sq Ft: 2300
  • Unfinished Basement Sq Ft: 167
  • Bonus Room Level: B
  • Deed Book Page: 272/24
  • Den Study Level: U
  • Family Room Level: B
  • Fireplace Wood Stove: Fireplace, Great Room, Kitchen
  • Land Use Topography: Rolling
  • Laundry Location: Utility Room
  • Location2: Cul-De-Sac, Water View Year Round, Barkley Lake
  • Main Level Sq Ft: 2467
  • Master Bed Level: M
  • Restrictions: Subdivision
  • Restrictions2: Y
  • Style: 2 Story, Log Home
  • Tv Cable: Satellite Rented
  • Upper Level Sq Ft: 2400
  • Utility Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floor Covering: Concrete, Wood
  • Appliances: Dishwasher, Dryer, Range - Countertop, Washer, Oven Built In
  • Interior Amenities: Ceiling Fan(s), Closet Light(s), Garage Door Opener, Security System, Surround Sound, Tray/Vaulted Ceiling, Walk-In Closet, Washer/Dryer Hookup, Workshop, Circuit Breakers, Ceilings 9+ feet
  • Basement: Exterior Entrance, Fully Finished, Interior Entrance, Kitchen, Walk Out
  • Dining Kitchen: Kitchen/Dining Room, Pantry
  • Estimated Total Sq Ft: 7167
  • Bathroom Features: Separate Shower, Walk-In Closet
  • Bedroom 2 Level: U
  • Bedroom 3 Level: U
  • Bedroom 4 Level: U
  • Dining Room Level: M
  • Doors and Windows: Thermal Pane Windows, Vinyl Frame
  • Great Room Level: M
  • Kitchen Level: M
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Of Bedrooms: 5
  • Walls: Dry Wall, Log
  • Basement 2: Yes

Exterior Features

  • Construction: Concrete, Log
  • Exterior Features: Deck, Patio
  • Exterior Finish: Log
  • Foundation: Poured Concrete
  • Roof: Metal

Garage/Parking

  • Garage Type: Attached, Detached, Heated, Workshop
  • Garage Capacity: 4

Utilities

  • Electric Company: Pennyrile Rural Elec
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Sewer: Septic
  • Utilities Available: Garbage - Private
  • Water Company: Lake Barkley Water
  • Water Heater: Electric

Lot Info

  • Lot Number: 7
  • Estimated Number of Acres: 6
  • Easements: TVA/Corps of Engineers
  • Location: Waterfront

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2017
Closed on
Mar 9, 2018
Sold by
Johnson Darwin D and Johnson Paula C
Bought by
Claunch Thomas Ray and Claunch Angela Dawn
Seller's Agent
Glenda Ritchie
1st Realty Group
Buyer's Agent
Glenda Ritchie
1st Realty Group
List Price
$699,000
Sold Price
$535,000
Premium/Discount to List
-$164,000
-23.46%
Current Estimated Value
$933,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,235
Avg. Annual Appreciation
7.43%
Original Mortgage
$425,000
Outstanding Balance
$361,183
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$572,052
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Claunch Thomas Ray $535,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Claunch Thomas Ray $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2018 03/09/18 Sold $535,000 -23.5% $75 / Sq Ft
12/31/2017 12/31/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $699,000 +507.8% $98 / Sq Ft
03/15/2013 03/15/13 Sold $115,000 -42.2% $28 / Sq Ft View Prior Sale
03/05/2013 03/05/13 Pending -- -- --
12/07/2012 12/07/12 For Sale $198,900 -- $48 / 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
2025 $5,125 $585,000 $0 $0
2024 $4,727 $535,000 $0 $0
2023 $5,129 $535,000 $0 $0
2022 $5,236 $535,000 $0 $0
2021 $5,359 $535,000 $0 $0
2020 $5,391 $535,000 $0 $0
2019 $5,385 $535,000 $0 $0
2018 $4,905 $499,000 $0 $0
2017 $4,291 $499,000 $0 $0
2016 $4,182 $0 $0 $0
2015 $3,221 $0 $0 $0
2010 $2,135 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 93469

Western Kentucky Regional MLS

APN: S-14-026-7