NOT LISTED FOR SALE

338 S Burns Ave Winchester, KY 40391

Estimated Value: $318,000 - $395,000

5 Beds
3 Baths
2,826 Sq Ft
$122/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $260,000 $92 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,084/month

7 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • 3-minute walk to College Park

About This Home

As of October 2022

Well maintained triplex in the College Park area, with rear yard alley access to the pool. Features 3 apartments, separate gas & electric meters, central heat & air in each unit, updated kitchens, spacious yard. There are two -2 bedroom apartments and one -1 bedroom apartment. Fully occupied. Each tenant is responsible for their electric & gas. Owner pays water/sewer/garbage. There is a coin operated washer/dryer for tenants on first floor. 48 HOUR NOTICE TO SHOW! Great investment! Call today!

Last Agent to Sell the Property

Angie Conley Dixon

Dixon Properties License #187723 Listed on: 08/25/2022

Last Buyer's Agent

Susie Stewart

RE/MAX Elite Realty License #276019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1940

Lot Details

  • 0.29 Acre Lot

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 054103401600

Community Details

Overview

  • 3 Units
  • College Park Subdivision

Building Details

  • Water Sewer Expense $2,400
  • Gross Income $29,372

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,600

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Apartment
  • Structure Type: Multi Family, Triplex
  • Year Built: 1940
  • New Construction: No
  • Roof:Composition: Yes
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Lot Size Area: 0.29
  • Total Stories: 2

Exterior Features

  • Roof: Composition, Shingle
  • List Price: 265000.0

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Amenities: Coin Laundry

Fee Information

  • Water Sewer Expenses: 2400.0

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12600.0
  • Parcel Number: 054103401600
  • Zoning Description: R-1C

Multi Family

  • Electric Expense: 420.0
  • Gross Income: 29372.0
  • Number of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 11, 2022
Sold by
Acd Investments Llc
Bought by
Rlspoons Llc
Seller's Agent
Angie Conley Dixon
Dixon Properties
Buyer's Agent
Susie Stewart
RE/MAX Elite Realty
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Views
119
Current Estimated Value
$345,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,361
Avg. Annual Appreciation
10.32%
Original Mortgage
$208,000
Outstanding Balance
$161,433
Interest Rate
5.38%
Mortgage Type
Construction
Estimated Equity
$183,928

Purchase Details

Closed on
Aug 1, 1990
Bought by
Webster Stanley H
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
Rlspoons Llc $260,000 Attorney Only
Webster Stanley H $68,227 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rlspoons Llc $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $260,000 -1.9% $92 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $265,000 -- $94 / 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 $2,600 $260,000 $20,000 $240,000
2023 $2,545 $260,000 $0 $0
2022 $1,428 $145,000 $0 $0
2021 $1,424 $145,000 $0 $0
2020 $1,063 $108,000 $0 $0
2019 $1,068 $108,000 $0 $0
2018 $1,055 $108,000 $0 $0
2017 $1,060 $108,000 $0 $0
2016 $158 $108,000 $0 $0
2015 $158 $108,000 $0 $0
2013 -- $108,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Angie Conley Dixon

    Dixon Properties

    (859) 749-0374

    11 in this area

    12 Total Sales

    Angie Conley Dixon
    Section Image

  • S

    Buyer's Agent in 2022

    Susie Stewart

    RE/MAX

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22019008

ImagineMLS (Bluegrass REALTORS®)

APN: 054-1034-01600

Kentucky Clark County Winchester 40391

338 S Burns Ave, Winchester, KY

This home is located at 338 S Burns Ave, Winchester, KY 40391 since 25 August 2022 and is currently estimated at $345,361, approximately $122 per square foot. This property was built in 1940. 338 S Burns Ave is a home located in Clark County with nearby schools including Willis H. Justice Elementary School, George Rogers Clark High School, and St. Agatha Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.

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