NOT LISTED FOR SALE

324 W Main St Frankfort, KY 40601

Estimated Value: $429,945

7 Beds
5 Baths
7,832 Sq Ft
$55/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $423,000 $54 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,427/month

Highlights

  • Craftsman Architecture
  • Bonus Room
  • Fireplace
  • Wood Flooring
  • Home Office
  • Porch

About This Home

As of June 2024

This 3 story currently used as residential is in the heart of the downtown in move in condition. Zoned Special Historic District & could be used as retail, offices, short term rental, etc. The first floor has Entry, Living Room, Sitting Room, Study or Bedroom, Study, Library, Gym, Work Room, Dining Room, Family Room, Kitchen w/Refrigerator, Stove, Microwave, Dishwasher & Breakfast Bar, Mud Room, Laundry Room, 2 Half Baths, Storage Room. The second floor has a 4 room Master Suite, Office, Game Room, Hobby Room, Apartment with separate entrance has Bedroom, Living Room, Full Bath, Kitchen, Dining Room, Laundry Room. The third floor has 2 Bedrooms, Full Bath, Family Room w/Wet Bar. It has a wonderful front porch & a driveway. Several rooms could be used as bedrooms.

Last Agent to Sell the Property

Lori Adkinson

Coldwell Banker Preferred Realty License #192597 Listed on: 04/15/2024

Coldwell Banker Preferred Realty

Last Buyer's Agent

Shane ODonley

Keller Williams Legacy Group License #284173

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,929

Year Built

  • Built in 1906

Lot Details

  • 5,500

Parking

  • Driveway

Home Design

  • Craftsman Architecture
  • Brick Veneer
  • Stone Foundation
  • Shingle Roof
  • Composition Roof
  • Membrane Roofing

Interior Spaces

  • 7,832 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Utility Room
  • Attic Access Panel
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Up Access
  • Interior Basement Entry
  • Crawl Space

Schools

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

Utilities

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

Additional Features

  • Porch
  • 5,500 Sq Ft Lot

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 061-24-10-030.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,929

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Craftsman
  • Structure Type: House
  • Year Built: 1906
  • Above Grade Finished Sq Ft: 7832.0
  • Levels: Three Or More
  • New Construction: No
  • Structure Type:House: Yes
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Flooring:Laminate: Yes
  • Appliances Refrigerators: Yes
  • Roof:Composition: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Architectural Style:Craftsman: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Other Equipment:Dehumidifier: Yes
  • Roof:Membrane: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Range, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Wet Bar
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Basement: Crawl Space, Interior Entry, Unfinished, Walk-Up Access
  • Basement: Yes
  • Total Bedrooms: 7
  • Fireplace: Yes
  • LivingArea: 7832.0
  • Lot Size Area: 0.13
  • Other Equipment: Dehumidifier
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Breakfast Bar: Yes
  • Basement:Crawl Space: Yes
  • Basement:Walk-Up Access: Yes
  • Basement:Interior Entry: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Gas Range: Yes

Exterior Features

  • Roof: Composition, Membrane, Shingle
  • Construction Materials: Other, Brick Veneer
  • Fencing: None
  • Foundation Details: Stone
  • List Price: 425000.0
  • Patio And Porch Features: Porch
  • Pool Private: No
  • View: Other
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes

Utilities

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

Schools

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5500.0
  • Parcel Number: 061-24-10-030.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Apr 27, 2021
Sold by
Herbert D Liebman Testamentary Trust
Bought by
Shields Eric Scott and Shields Laura Beth
Seller's Agent
Nathan Dailey
Alter Realty
Buyer's Agent
Lori Adkinson
Coldwell Banker Preferred Realty
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Current Estimated Value
$429,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,945
Avg. Annual Appreciation
12.60%
Original Mortgage
$196,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shields Eric Scott $245,000 None Listed On Document
Shields Eric Scott $245,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shields Eric Scott $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2024 10/27/24 Off Market $423,000 -- --
06/10/2024 06/10/24 Sold $423,000 -0.5% $54 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $425,000 +70.0% $54 / Sq Ft
04/27/2021 04/27/21 Sold $250,000 -3.8% $36 / Sq Ft View Prior Sale
02/09/2021 02/09/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $259,900 -- $37 / Sq Ft
Source: ImagineMLS (Bluegrass 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
2025 $1,929 $423,000 $0 $0
2024 $1,212 $260,000 $0 $0
2023 $1,232 $260,000 $0 $0
2022 $3,151 $260,000 $0 $0
2021 $1,118 $235,000 $0 $0
2020 $963 $200,000 $30,000 $170,000
2019 $964 $200,000 $30,000 $170,000
2018 $566 $115,000 $30,000 $85,000
2017 $1,257 $115,000 $30,000 $85,000
2016 $536 $115,000 $30,000 $85,000
2015 $1,570 $115,000 $30,000 $85,000
2011 $1,570 $115,000 $30,000 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24007007

ImagineMLS (Bluegrass REALTORS®)

APN: 061-24-10-030.00