NOT LISTED FOR SALE

306 E Cedar St Franklin, KY 42134

Estimated Value: $280,000 - $424,000

5 Beds
3 Baths
4,602 Sq Ft
$74/Sq Ft Est. Value

Last Sold November 15, 2017

Last sale price $150,000 $33 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,867/month

115 Days on Market

About This Home

As of November 2017

Historic income producing property in Franklin, KY. Bottom floor units newly renovated. Don't miss this unique opportunity.

Last Agent to Sell the Property

Justin Perry

Coldwell Banker Legacy Group License #218012 Listed on: 06/29/2017

Coldwell Banker Legacy Group

Last Buyer's Agent

David Jernigan

CB/The Advantage Realtor Group License #223884

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.51

Home Design

  • Stone Foundation
  • Shingle Roof
  • Vinyl Construction Material

Laundry

  • Laundry in unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $22,200

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Laundry Area: In Apartment

Exterior Features

  • Construction: Vinyl
  • Roofing: Shingles
  • Foundation: Stone

Garage/Parking

  • Parking: Other-See Remarks

Utilities

  • Water: City, County
  • Utilities: Separate Metered

Lot Info

  • Lot Dimensions: UNK

Tax Info

  • Tax Rate: City

Multi Family

  • Total Number Units: 3
  • Total Number Units Occupied: 3
  • Type of Unit: Triplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2017
Closed on
Nov 15, 2017
Sold by
M And T Rentals Llc
Bought by
Swift Michael Duane
Seller's Agent
Justin Perry
Coldwell Banker Legacy Group
Buyer's Agent
David Jernigan
CB/The Advantage Realtor Group
List Price
$184,900
Sold Price
$150,000
Premium/Discount to List
-$34,900
-18.88%
Current Estimated Value
$329,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,143
Avg. Annual Appreciation
10.57%
Original Mortgage
$120,000
Outstanding Balance
$83,563
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$256,564

Purchase Details

Closed on
Mar 26, 2014
Sold by
Lynn Lynn
Bought by
Franklin Bank & Trust Co

Purchase Details

Closed on
Sep 23, 2011
Sold by
Vaughn David
Bought by
Graves Lynn

Purchase Details

Closed on
Apr 28, 2011
Sold by
Graves Lynn
Bought by
Stamps John Kent
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Swift Michael Duane $150,000 None Available
Franklin Bank & Trust Co -- --
Graves Lynn $30,500 --
Stamps John Kent $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swift Michael Duane $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2017 11/15/17 Sold $150,000 -18.9% $33 / Sq Ft
10/22/2017 10/22/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $184,900 -- $40 / Sq Ft
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

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 $1,770 $200,000 $0 $0
2023 $1,862 $200,000 $0 $0
2022 $1,750 $200,000 $0 $0
2021 $1,736 $200,000 $0 $0
2020 $1,315 $150,000 $0 $0
2019 $1,340 $150,000 $0 $0
2018 $1,335 $150,000 $0 $0
2017 $870 $150,000 $0 $0
2016 $862 $100,000 $0 $0
2015 -- $145,000 $0 $0
2013 -- $110,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Perry

    Seller's Agent in 2017

    Justin Perry

    Coldwell Banker Legacy Group

    (270) 392-5134

    3 in this area

    225 Total Sales

    Justin Perry
    Section Image
  • David Jernigan

    Buyer's Agent in 2017

    David Jernigan

    CB/The Advantage Realtor Group

    (270) 776-0865

    14 in this area

    19 Total Sales

    David Jernigan
    Section Image
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Map

Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

MLS Number: RA20172436

Real Estate Information Services (REALTOR® Association of Southern Kentucky)

APN: 014-00-05-002.00

Kentucky Simpson County Franklin 42134

306 E Cedar St, Franklin, KY

Not Listed for Sale

MultiFamily

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