NOT LISTED FOR SALE

Estimated Value: $63,468 - $120,000

-- Bed
-- Bath
-- Sq Ft
4,269 Sq Ft Lot

Last Sold August 07, 2023

Last sale price $9,000

Est. 824% increase in value since last sale

Current estimated payment $462/month

About This Home

As of August 2023

INVESTOR ALERT!!! Fixer Upper tri-plex near KDMC, restaurants, & downtown. One tenant currently rents for $700/mo and two units are vacant. Each apartment has its own heat/air wall unit and pays their own electric. Large parking area in back (accessed from alley); on-street parking is also available. Vacant lot next door may be available for purchase. Repairs needed include roof (estimate from Ray's Roofing $9,395), wiring, plumbing, siding, gutters, exterior wall repair next to neighbor, uneven floors, stairway & deck to upper unit, hotel-style heat/air units, and some interior repairs. Upstairs unit was condemned by the City of Ashland due to stairs and deck repairs needed, but condemnation can be lifted once that is done. One electric water heater serves all 3 units, and seller pays for water on a single meter, since this was originally a single family home before being converted to a triplex by a previous owner; you may want to have these separated as part of the renovation. ARV $125-135,000 with potential rents of $750-850 for the 2-bed unit on first floor (now paying $700), $650-750 for the larger one-bed unit upstairs, and $600-700 for the smaller one-bed unit with back deck on the first floor.

Last Agent to Sell the Property

Susan Fleming

EXP Realty, LLC License #217406 Listed on: 04/20/2023

EXP Realty, LLC

Last Buyer's Agent

Susan Fleming

EXP Realty, LLC License #217406 Listed on: 04/20/2023

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $329

Lot Details

  • Lot Dimensions are 30x142.5
  • Level Lot

Home Design

  • Triplex
  • Frame Construction
  • Vinyl Siding
  • Composition Shingle

Additional Features

  • 1.5-Story Property
  • Window Unit Cooling System

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$329

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 3145 Carter Ave.
  • OFFICELIST_ADDRESS2: Parcel# 038-08-11-010.00
  • Second Address Number: 3145
  • Directions: Winchester Ave to 29th St to LEFT on Carter; triplex on LEFT
  • Geo Address Line: 3145 Carter Ave
  • Geo Longitude: -82.621096
  • Geo Primary City: Ashland
  • Geo Quality: 0.95
  • Geo Subdivision: KY
  • Geo Zoom Level: 16
  • Selling Agent1: 826
  • Selling Office1: 204
  • OFFICELIST_STATE: KY
  • Home Age: 61-100 Years
  • Building Stories: 1.5 Stories
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Has Basement: No
  • Basement Type: Triplex

Exterior Features

  • Exterior: Frame, Vinyl Siding
  • Roof: Composition Shingles
  • Topography: Level

Garage/Parking

  • Parking: Paved Area

Utilities

  • Cooling: Window
  • Heating: Other
  • Water Sewer Description: Public Sewer, Public Water

Fee Information

  • Tax Class: MULTI-FAMILY
  • Rent Income: $1,100/mo

Schools

  • Elementary School: Ashland Indepen

Lot Info

  • Lot Size: 30x142.5

Tax Info

  • Tax Page Number: 759

Multi Family

  • Num1 Bdrm Units: One Bath, Living Room, Balcony, Oven/Range
  • Num2 Bdrm Units: Living Room, Kitchen/Dining, Fenced Area, Private Outside, Grill-Range
  • Number1 Bedrooms: 2
  • Number2 Bedrooms: 1
  • Total Numberof Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2017
Sold by
Aschenauer William R
Bought by
Sinha Pankaj
Current Estimated Value
$83,117
Source: Public Records

Range of Values:

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Average Value
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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
Sinha Pankaj $6,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2023 08/07/23 Sold $9,000 0.0% --
07/31/2023 07/31/23 Off Market $9,000 -- --
07/03/2023 07/03/23 Price Changed $15,000 -57.1% --
06/18/2023 06/18/23 Price Changed $35,000 -22.2% --
05/17/2023 05/17/23 Price Changed $45,000 -9.1% --
04/20/2023 04/20/23 For Sale $49,500 -- --
Source: Ashland Area Board 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 $329 $30,800 $5,000 $25,800
2023 $282 $30,800 $5,000 $25,800
2022 $284 $30,800 $5,000 $25,800
2021 $285 $30,800 $5,000 $25,800
2020 $289 $30,800 $5,000 $25,800
2019 $290 $30,800 $0 $0
2018 $292 $30,800 $0 $0
2017 $205 $30,800 $0 $0
2016 $185 $30,800 $5,000 $25,800
2015 $185 $30,800 $5,000 $25,800
2012 -- $30,800 $30,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ashland Area Board of REALTORS®

MLS Number: 54980

APN: 038-08-11-010.00