NOT LISTED FOR SALE

281 Timberlake Ln McDaniels, KY 40152

Estimated Value: $316,000 - $481,000

3 Beds
2 Baths
2,236 Sq Ft
$182/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $415,000 $186 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,369/month

223 Days on Market

Highlights

  • Boat Slip
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Deck
  • Screened Porch

About This Home

As of June 2024

Welcome to this charming lakeside retreat that is sure to feel like your home away from home. Countless family memories and big moments have collected on the property through the years, and it's time to offer the setting for its next owners to begin writing their story. With 5 sleeping rooms, the home is large enough to host 17 of your people, but with its warm features like the wood burning fireplace and the patio's brick arches, it still feels cozy & comfortable. The first floor primary bedroom is spacious enough for the owners to retreat, while the bunk room down the hall, passed the full bathroom, is the spot all the kids are claiming. A second living area, laundry, utility, bedroom + 2 additional sleeping rooms & full bathroom round out the walkout basement. 2 septic tanks + 2 water heaters are stand out functional features. Outside, you'll fall more in love with what this Rough River Lake waterfront address offers. The screened-in porch is the perfect place to be inside while still enjoying the outside! The grilling porch is where work can prove to be fun. The covered deck that was more recently added has hidden storage above. The basement walks out to a beautifully custom sculpted covered patio. Other features that are last, but certainly not least, are the CONCRETE CART PATH AND STAIRS that take you to the water and DOCK slip below the property. The included VACANT LOT has been perfect for the Sellers' privacy, but might be just the right lot to add a garage for the next owners. For now, all the tools & equipment are kept in the storage room under the house. Well thought out and very well kept, take advantage of this offering! The home is listed inclusive of most furniture. Since this property can be enjoyed all year long, it's ready for you to open the book on the next chapter at 281 Timberlake Ln. on Rough River Lake.

Last Agent to Sell the Property

Kari Jones

Greater Rough River Realty Group License #241547 Listed on: 09/22/2023

Last Buyer's Agent

Alissa Doan

Red Edge Realty License #241763

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 1991

Lot Details

  • 0.71

Parking

  • Driveway

Home Design

  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Screened Porch
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Boat Slip
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Timberlake Subdivision

Listing and Financial Details

  • Tax Lot 10, 11
  • Assessor Parcel Number TL 10
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,888

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Cooling System: Central Air, Heat Pump
  • Stories: 1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: No
  • Subdivision Name: TIMBERLAKE
  • Above Grade Finished Sq Ft: 1118.0
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Full Bathroom Level: Basement
  • Rooms:Living Room5: Yes
  • Primary Bathroom Level: First
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Lot Description:Wooded: Yes
  • Special Features: None

Interior Features

  • Basement: Walkout Finished
  • Fireplaces Level 1: 1
  • Bedroom Level: First
  • Family Room Level: Basement
  • Kitchen Level: First
  • Laundry Level: Basement
  • Living Room Level: First
  • Other Level: Basement
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1118.0
  • Fireplaces: 1
  • Total Bedrooms: 11
  • ResoLivingAreaSource: Other
  • Other Rooms:Family Room2: Yes
  • BasementFoundation:Poured Concrete: Yes

Exterior Features

  • Fencing: None
  • Roof: Shingle
  • Acres: 0.71
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Wood Frame
  • Exterior Features: See Remarks, Boat Slip
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Screened Porch, Deck
  • Construction:Frame - Wood2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Waterfront Features:Lake Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: See Remarks, Driveway
  • Garageparkingdriveway: Yes

Utilities

  • Utilities: Electricity Connected, Propane
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Heat Pump
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association Fee: 20.0
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 30927.6
  • ResoLotSizeUnits: Acres
  • Parcel #: TL 10
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1991

Tax Info

  • Tax Block: 0
  • Tax Lot: 10, 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Jun 14, 2024
Sold by
Millay Gary D and Millay Stephanie B
Bought by
Doelling Timothy T and Doelling Danielle S
Seller's Agent
Kari Jones
Greater Rough River Realty Group
Buyer's Agent
Alissa Doan
Red Edge Realty
List Price
$459,900
Sold Price
$415,000
Premium/Discount to List
-$44,900
-9.76%
Views
80
Current Estimated Value
$405,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,079
Avg. Annual Appreciation
-2.39%
Original Mortgage
$200,000
Outstanding Balance
$198,387
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$204,736
Source: Public Records

Range of Values:

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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
Doelling Timothy T $415,000 Bluegrass Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doelling Timothy T $200,000
Previous Owner Millay Gary D $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $415,000 -9.8% $186 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
09/20/2023 09/20/23 For Sale $459,900 -- $206 / Sq Ft
Source: Metro Search (Greater Louisville 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 $1,888 $206,000 $50,000 $156,000
2023 $1,520 $160,000 $50,000 $110,000
2022 $1,500 $160,000 $50,000 $110,000
2021 $1,567 $160,000 $50,000 $110,000
2020 $1,580 $160,000 $50,000 $110,000
2019 $1,577 $160,000 $50,000 $110,000
2018 $1,379 $141,200 $0 $0
2017 $1,363 $141,200 $0 $0
2016 $1,364 $141,200 $50,000 $91,200
2015 $1,379 $141,200 $50,000 $91,200
2013 $1,205 $129,000 $42,000 $87,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1645859

Metro Search (Greater Louisville Association of REALTORS®)

APN: TL 10