315 W 3rd St Frankfort, KY 40601
Frankfort AreaEstimated payment $6,288/month
Highlights
- Guest House
- Traditional Architecture
- No HOA
- Deck
- 6 Fireplaces
- Screened Porch
About This Home
Located in the heart of historic South Frankfort, this beautifully maintained property offers the charm and craftsmanship you hope to find in a historic home, with the updates and functionality that make everyday living easier. The main house offers 4,224 square feet with 5 bedrooms, 3.5 bathrooms, original hardwood floors, beautiful crown molding, a handcrafted carved staircase, soaring ceilings, and 6 fireplaces throughout, including 2 gas fireplaces. The kitchen features granite countertops and stainless steel appliances. One of the standout features of the home is the wraparound front porch, complete with hardwood flooring that was recently refinished with a specialty outdoor finish. The first-floor primary suite is unusually spacious for a home of this age, offering a sitting area, a private exterior entrance, a large walk-in closet, and a beautifully updated bath with dual vanities, an oversized double shower, and a large soaking tub. Throughout the home, the historic details have been well preserved while important updates have already been completed, including a tankless water heater, a roof that is less than 10 years old, and a new upstairs heating and cooling system that was upgraded to one of the most efficient options available. Custom rugs throughout the home will also remain. Behind the main home is a fully furnished 1,600 square foot guest house with 3 bedrooms and 1.5 bathrooms. It features granite countertops, stainless steel appliances, and a new roof. Currently used as a short-term rental, the guest house offers flexibility for income potential, extended family, guests, or additional living space. Together, the main house and guest house offer over 6,400 square feet of finished space across two separate residences. The property also includes a two-car garage, a valuable feature for a historic property. While the garage is connected to the guest house structure, it was thoughtfully designed with exterior access only and does not open into the guest house, allowing it to function as private garage space for the main residence. The outdoor spaces are well maintained with fresh landscaping and mulch, all in a location close to downtown Frankfort, parks, the Kentucky River, restaurants, shops, and local amenities. With its combination of historic character, thoughtful updates, generous living space, a separate guest house, and private garage parking, this South Frankfort property is a truly special opportunity.
Home Details
Home Type
- Single Family
Year Built
- Built in 1904
Parking
- 2 Car Detached Garage
- Driveway
- Off-Street Parking
Home Design
- Traditional Architecture
- Wood Frame Construction
- Shingle Roof
- Stone Siding
Interior Spaces
- 5,824 Sq Ft Home
- 3-Story Property
- Crown Molding
- 6 Fireplaces
- Screened Porch
- Basement
Bedrooms and Bathrooms
- 8 Bedrooms
- Soaking Tub
Outdoor Features
- Deck
- Patio
Additional Homes
- Guest House
Utilities
- Cooling Available
- Heat Pump System
Community Details
- No Home Owners Association
- South Frankfort Subdivision
Listing and Financial Details
- Assessor Parcel Number 062-13-13-004.00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,915 | $420,000 | $30,000 | $390,000 |
| 2024 | $1,957 | $420,000 | $0 | $0 |
| 2023 | $1,991 | $420,000 | $0 | $0 |
| 2022 | $5,090 | $420,000 | $0 | $0 |
| 2021 | $1,998 | $420,000 | $0 | $0 |
| 2020 | $1,926 | $400,000 | $30,000 | $370,000 |
| 2019 | $1,927 | $400,000 | $30,000 | $370,000 |
| 2018 | $1,967 | $400,000 | $30,000 | $370,000 |
| 2017 | $4,372 | $400,000 | $30,000 | $370,000 |
| 2016 | $1,866 | $400,000 | $30,000 | $370,000 |
| 2015 | $3,549 | $321,500 | $25,000 | $296,500 |
| 2011 | $3,549 | $260,000 | $25,000 | $235,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/29/2026 06/29/26 | For Sale | $1,128,000 | +150.7% | $194 / Sq Ft | |
| 10/08/2015 10/08/15 | Sold | $450,000 | 0.0% | $101 / Sq Ft | View Prior Sale |
| 08/20/2015 08/20/15 | Pending | -- | -- | -- | |
| 06/24/2015 06/24/15 | For Sale | $450,000 | -- | $101 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | Springdale Title Llc | |
| Deed | $260,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $42,600 | Credit Line Revolving | |
| Closed | $30,000 | Credit Line Revolving | |
| Open | $420,000 | New Conventional | |
| Closed | $380,000 | New Conventional | |
| Previous Owner | $50,000 | Unknown |
Source: Metro Search, Inc.
MLS Number: 1721860
APN: 062-13-13-004.00
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Ask me questions while you tour the home.