NOT LISTED FOR SALE

2885 Milan Rd Payneville, KY 40157

Estimated Value: $174,000 - $206,483

3 Beds
1 Bath
904 Sq Ft
$214/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $115,000 $127 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,198/month

43 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating System Uses Natural Gas

About This Home

As of May 2020

Adorable ranch stye home surrounded by farm land and country views. The interior has been updated and includes 3 bedrooms and 1 bath. The exterior offers a covered front porch and mature shade. Call today to schedule a tour.

Last Agent to Sell the Property

Jennifer Rhodes

Cedar Hill Properties License #261454 Listed on: 03/09/2020

Last Buyer's Agent

Amy Haymes

Stonegate Realty, LLC License #215124

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,732

Year Built

  • Built in 1967

Lot Details

  • 1

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 904 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 076-00-00-003
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,732

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Stories: 1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 904.0
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Other
  • Rooms:Living Room5: Yes
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Architectural Style Ranch: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Bedroom Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Other
  • Basement:None6: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.0
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, None
  • Garageparkingdriveway: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas, Propane
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Propane5: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 076-00-00-003
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1967

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2021
Sold by
Millay Kevin and Lancaster Draya
Bought by
Coleman Melissa A and Noblett Joshua Paul
Current Estimated Value
$193,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,494
Outstanding Balance
$136,620
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$67,763

Purchase Details

Listed on
Mar 9, 2020
Closed on
May 1, 2020
Sold by
Pike Charles E and Pike Charlotte A
Bought by
Millay Kevin and Lancaster Draya
Seller's Agent
Jennifer Rhodes
Cedar Hill Properties
Buyer's Agent
Amy Haymes
Stonegate Realty, LLC
List Price
$123,000
Sold Price
$115,000
Premium/Discount to List
-$8,000
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$10,000
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 15, 2020
Sold by
Pike James Derrick and Pike Brandy N
Bought by
Pike Charles E and Pike Charlotte A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,500
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 15, 2019
Sold by
Pike Pike Vernon Luke Vernon Luke and Pike Mary L
Bought by
Pike James Derrick and Pike Brandy Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,837
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 16, 2010
Sold by
Brown Jacqueline and Brown Jason
Bought by
Pike James Derrick
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
Coleman Melissa A $148,000 None Available
Millay Kevin $115,000 Colllier Title Company Llc
Pike Charles E $84,000 None Available
Pike James Derrick -- None Available
Pike James Derrick $80,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Melissa A $149,494
Previous Owner Millay Kevin $10,000
Previous Owner Pike Charles E $81,500
Previous Owner Pike James Derrick $212,837
Previous Owner Pike James Derrick $85,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $115,000 -3.4% $127 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
03/19/2020 03/19/20 Price Changed $119,000 -3.3% $132 / Sq Ft
03/06/2020 03/06/20 For Sale $123,000 -- $136 / 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 $1,732 $148,000 $0 $0
2023 $1,732 $148,000 $0 $0
2022 $1,766 $148,000 $0 $0
2021 $1,373 $115,000 $0 $0
2020 $964 $80,500 $0 $0
2019 $959 $80,500 $0 $0
2018 $960 $80,500 $0 $0
2017 $909 $80,500 $0 $0
2016 $898 $80,500 $0 $0
2015 $899 $80,500 $0 $0
2014 $890 $80,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1554761

Metro Search (Greater Louisville Association of REALTORS®)

APN: 076-00-00-003