NOT LISTED FOR SALE

305 Wallace Ave Frankfort, KY 40601

Estimated Value: $106,000 - $120,730

5 Beds
2 Baths
3,212 Sq Ft
$35/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $51,000 $16 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $612/month

6 Days on Market

Highlights

  • Deck
  • Bonus Room
  • Brick Veneer
  • Wood Flooring
  • Eat-In Kitchen
  • Living Room

About This Home

As of August 2020

Spacious 5 Bedroom 2 Full Bath home for just $17.12 per square foot! Per previous owners, the original part of this home was built in the mid-1800's and the home has had additions built since then. Also per previous owners, the home was at one time used as a duplex. It is now used as a single-family home, but each of the 2 floors has a kitchen and a full bath. The 1st floor has 2 bedrooms and the 2nd floor has 3 bedrooms. Current 2nd floor access is through the 1st-floor foyer. A separate outside entrance to the 2nd floor could easily be built. The home will need work over time, but it is livable (and currently owner occupied) now. Ceilings show signs of previous water leakage, but owners state they are unaware of any active roof leaks now. The 1st floor has forced air gas heat and electric central air. The 2nd floor has professionally installed gas heaters and no central air. Covered front porch, multi-level deck in rear, deep back yard, wood floors. Sold as-is. Inspections welcome.

Last Agent to Sell the Property

Shannon Biller

Biller Homes License #190745 Listed on: 06/15/2020

Co-Listed By

Norm Biller

Biller Homes License #190990

Last Buyer's Agent

Carol Smith

NextHome Custom Realty License #185341

NextHome Custom Realty

Home Details

Home Type

  • Single Family

Lot Details

  • 5,227

Home Design

  • Brick Veneer
  • Block Foundation
  • Stone Foundation
  • Shingle Roof
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 3,212 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Washer and Gas Dryer Hookup
  • Unfinished Basement
  • Partial Basement
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Second St Elementary School
  • Second St Middle School
  • Frankfort High School

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Deck
  • 5,227 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 061-43-07-002.00

Community Details

Overview

  • Downtown Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 9999
  • Above Grade Finished Sq Ft: 3212.0
  • Levels: Two
  • New Construction: No
  • Flooring:Hardwood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Foundation Details:Block3: Yes
  • Roof:Composition: Yes
  • Roof:Shingle: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range
  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, Entrance Foyer
  • Flooring: Hardwood, Vinyl, Wood, Other
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partial, Unfinished
  • Basement: Yes
  • Total Bedrooms: 5
  • Fireplace: No
  • LivingArea: 3212.0
  • Lot Size Area: 0.12
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Breakfast Bar: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Composition, Shingle
  • Construction Materials: Aluminum Siding, Brick Veneer
  • Foundation Details: Block, Stone
  • List Price: 55000.0
  • Patio And Porch Features: Deck
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas, Space Heater
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Community Features: Park

Schools

  • Elementary School: Second St
  • High School: Frankfort
  • Middle or Junior School: Second St Middle

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.2
  • Parcel Number: 061-43-07-002.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2020 08/04/20 Sold $51,000 -7.3% $16 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $55,000 -- $17 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

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 $233 $51,000 $0 $0
2024 $238 $51,000 $0 $0
2023 $242 $51,000 $0 $0
2022 $618 $51,000 $0 $0
2019 $90 $58,000 $9,000 $49,000
2018 $100 $58,000 $9,000 $49,000
2016 $271 $58,000 $9,000 $49,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20011945

ImagineMLS (Bluegrass REALTORS®)

APN: 061-43-07-002.00

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