NOT LISTED FOR SALE

332 Hopewell Rd Harrodsburg, KY 40330

Estimated Value: $259,000 - $679,901

1 Bed
1 Bath
550 Sq Ft
$854/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $395,000 $718 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,541/month

7 Days on Market

Highlights

  • Utility Room
  • Fenced
  • Equipment Barn
  • The pond is a source of water for the property
  • Gentle Sloping Lot
  • Heating Available

About This Home

As of January 2021

Great Opportunities are waiting for someone on this nice farm property and Facility. This property has a 13,000 Sq. Ft. building previously used for livestock auctions/sales/marketing events. Also has office space, an apartment, mens and womens bathrooms, meeting room with 236 Theater style seating, and a 2,400 Sq. Ft. building with a full kitchen. Property comes with 12 +/- acres to be surveyed. Lots of parking. Has a good entrance and a nice pond. There are some air-heat units missing. Sellers selling as-is. Great location, only 5 miles off 127 with easy access to B/G Parkway, Lexington, Airport, and surrounding areas.

Last Agent to Sell the Property

David Sexton

RM McGinnis, LLC Real Est & Auction Professionals License #177674 Listed on: 10/16/2020

Last Buyer's Agent

David Sexton

RM McGinnis, LLC Real Est & Auction Professionals License #177674 Listed on: 10/16/2020

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $739

Lot Details

  • 12 Acre Lot
  • Plank Fence
  • Fenced
  • Gentle Sloping Lot
  • Cleared Lot
  • Property is zoned AR

Home Design

  • Farm

Interior Spaces

  • 550 Sq Ft Home
  • Utility Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Farming

  • Equipment Barn

Utilities

  • Heating Available
  • The pond is a source of water for the property

Community Details

  • Rural Subdivision

Property Details

Property Type

Other

Est. Annual Taxes

$739

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • Above Grade Finished Sq Ft: 550.0
  • New Construction: No
  • Water Source:Public: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 550.0
  • Lot Size Area: 12.0
  • Possible Use: Pasture, Horses, Cattle, Agricultural

Exterior Features

  • Fencing: Plank
  • List Price: 395000.0
  • Lot Features: Cleared, Gentle Sloping

Utilities

  • Heating: Electric
  • Heating: Yes
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public, Pond(s)

Lot Info

  • Topography: Gentle Sloping, Cleared
  • Current Use: Pasture
  • Lot Size Acres: 12.0
  • Lot Size Sq Ft: 522720.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Jan 4, 2021
Sold by
Sommers David and Sommers Miriam
Bought by
Logan Michael T and Logan Theresia M
Seller's Agent
David Sexton
RM McGinnis, LLC Real Est & Auction Professionals
Buyer's Agent
David Sexton
RM McGinnis, LLC Real Est & Auction Professionals
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$469,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,451
Avg. Annual Appreciation
3.60%
Original Mortgage
$354,100
Outstanding Balance
$315,980
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$153,471

Purchase Details

Closed on
Jul 5, 2012
Bought by
Sommers David and Sommers Miriam
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
Logan Michael T $395,000 None Available
Sommers David $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Logan Michael T $354,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2021 01/04/21 Sold $395,000 0.0% $718 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $395,000 -- $718 / 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
2024 $739 $61,823 $38,823 $23,000
2023 $746 $61,823 $0 $0
2022 $1,304 $110,423 $0 $0
2021 $2,478 $208,422 $0 $0
2020 $2,468 $208,422 $44,322 $164,100
2019 $2,505 $208,422 $44,322 $164,100
2018 $2,449 $208,422 $0 $0
2017 $2,366 $208,422 $0 $0
2016 $2,587 $232,239 $0 $0
2015 $2,518 $232,239 $32,199 $200,040
2014 $2,518 $232,487 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    David Sexton

    RM McGinnis, LLC Real Est & Auction Professionals

    (859) 613-4310

    89 Total Sales

    David Sexton
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20021528

ImagineMLS (Bluegrass REALTORS®)

APN: 025.00-00015.03

Kentucky Mercer County Harrodsburg 40330

332 Hopewell Rd, Harrodsburg, KY

Not Listed for Sale

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