NOT LISTED FOR SALE

307 Wallace Ave Frankfort, KY 40601

Estimated Value: $63,290

6 Beds
4 Baths
2,172 Sq Ft
$29/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $50,000 $23 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $348/month

70 Days on Market

About This Home

As of August 2021

Great investment opportunity! 3 bed 1.5 bath duplex each side. Each side is currently occupied. One side is rented for $550 per month & the other side is rented for $595 per month. tenants pay all utilities. Please allow 48 hours for all showing request!

Last Agent to Sell the Property

Nathan Dailey

Alter Realty Listed on: 04/12/2021

Co-Listed By

Andrea Mefford

Alter Realty

Last Buyer's Agent

Nathan Dailey

Alter Realty Listed on: 04/12/2021

Property Details

Home Type

  • Multi-Family

Parking

  • 5 Parking Spaces

Home Design

  • 2,172 Sq Ft Home
  • Duplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • Downtown Subdivision

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex
  • New Construction: No
  • Roof:Shingle: Yes
  • Cooling:Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • LivingArea: 2172.0

Exterior Features

  • Roof: Shingle
  • List Price: 69900.0

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Heating: Electric, Natural Gas
  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Natural Gas Connected

Schools

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

Lot Info

  • Zoning Description: residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Forrest Holdings Inc
Bought by
Thayn Sondra Regina and Thayn Jared Steven
Current Estimated Value
$63,290

Purchase Details

Listed on
Apr 12, 2021
Closed on
Jul 26, 2021
Sold by
Damron Wally and Damron Jacqueline
Bought by
Forrest Holdings Llc
Seller's Agent
Nathan Dailey
Alter Realty
Buyer's Agent
Nathan Dailey
Alter Realty
List Price
$79,900
Sold Price
$50,000
Premium/Discount to List
-$29,900
-37.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%

Purchase Details

Listed on
Apr 12, 2021
Closed on
Jul 20, 2021
Sold by
Damron Wally and Damron Jacqueline
Bought by
Forrest Holdings Inc
Seller's Agent
Nathan Dailey
Alter Realty
Buyer's Agent
Nathan Dailey
Alter Realty
List Price
$79,900
Sold Price
$50,000
Premium/Discount to List
-$29,900
-37.42%
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
Thayn Sondra Regina $159,900 Bluegrass Land Title
Forrest Holdings Llc $50,000 None Available
Forrest Holdings Inc $50,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2021 08/10/21 Sold $50,000 -37.4% $23 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $79,900 -- $37 / 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 $228 $50,000 $0 $0
2024 $233 $50,000 $0 $0
2023 $237 $50,000 $0 $0
2022 $606 $50,000 $0 $0
2021 $238 $50,000 $0 $0
2020 $241 $50,000 $10,000 $40,000
2019 $241 $50,000 $10,000 $40,000
2018 $246 $50,000 $10,000 $40,000
2017 $547 $50,000 $10,000 $40,000
2016 $233 $50,000 $10,000 $40,000
2015 $683 $50,000 $10,000 $40,000
2011 $683 $50,000 $10,000 $40,000
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nathan Dailey

    Alter Realty

  • A

    Seller Co-Listing Agent in 2021

    Andrea Mefford

    Alter Realty

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20106523

ImagineMLS (Bluegrass REALTORS®)

APN: 061-43-07-003.00

Kentucky Franklin County Frankfort 40601

307 Wallace Ave, Frankfort, KY

Not Listed for Sale

MultiFamily

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