NOT LISTED FOR SALE

3457 Berea Rd Richmond, KY 40475

Estimated Value: $95,989

Studio
-- Bath
-- Sq Ft
50,965 Sq Ft Lot

Last Sold March 27, 2023

Last sale price $165,000

Est. 42% decrease in value since last sale

Current estimated payment $630/month

Highlights

  • 1.17 Acre Lot
  • Cooling Available
  • 1-Story Property
  • Farristown Middle School Rated A-

About This Home

As of March 2023

Great investment opportunity! If you are looking to build your portfolio or just looking to start your rental business this one is sure to please with $2725 gross rent monthly! Property has four singlewide trailers and one double wide trailer sitting on 1.17 acres.

Last Agent to Sell the Property

Bradley Warford

Century 21 Pinnacle License #208360 Listed on: 01/31/2023

Last Buyer's Agent

Cassandra Adams

Century 21 Pinnacle License #202508

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1.17

Parking

  • 20 Parking Spaces

Home Design

  • Metal Roof

Schools

  • Kingston Elementary School
  • Farristown Middle School
  • Madison So High School

Utilities

  • Cooling Available
  • Air Source Heat Pump

Additional Features

  • 1-Story Property
  • 1.17 Acre Lot

Community Details

  • 5 Buildings
  • 5 Units
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0.0101172

Property Details

Home Type

Multi-Family

Lot Details

1.17 Acres

Listing Details

  • Property Type: Residential Income
  • Structure Type: Other
  • Year Built: 9999
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Lot Size Area: 1.17
  • Total Stories: 1

Exterior Features

  • Roof: Metal
  • List Price: 180000.0

Garage/Parking

  • Total Parking Spaces: 20.0

Utilities

  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Kingston
  • High School: Madison So
  • Middle or Junior School: Farristown

Lot Info

  • Lot Size Acres: 1.17
  • Lot Size Sq Ft: 50965.0
  • Parcel Number: 0.0101172
  • Zoning Description: Commercial

Multi Family

  • Number of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Mar 27, 2023
Sold by
Kjmcgill Properties Llc
Bought by
Adams William Dale and Adams Sandy
Seller's Agent
Bradley Warford
Century 21 Pinnacle
Buyer's Agent
Cassandra Adams
Century 21 Pinnacle
List Price
$180,000
Sold Price
$165,000
Premium/Discount to List
-$15,000
-8.33%
Views
20
Current Estimated Value
$95,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,011
Original Mortgage
$250,000
Outstanding Balance
$241,866
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2017
Sold by
Two Girls Properties Llc
Bought by
Kjmcgill Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
3.9%
Mortgage Type
Credit Line Revolving
Source: Public Records
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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
Adams William Dale $165,000 --
Kjmcgill Properties Llc $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams William Dale $250,000
Previous Owner Kjmcgill Properties Llc $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2023 03/27/23 Sold $165,000 -8.3% --
02/01/2023 02/01/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $180,000 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

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 $1,556 $165,000 $0 $0
2024 $1,581 $165,000 $0 $0
2023 $582 $60,000 $0 $0
2022 $584 $60,000 $0 $0
2021 $595 $60,000 $0 $0
2020 $607 $60,000 $0 $0
2019 $610 $60,000 $0 $0
2018 $610 $60,000 $0 $0
2017 $452 $45,000 $0 $0
2016 $449 $45,000 $0 $0
2015 $438 $45,000 $0 $0
2014 $431 $45,000 $0 $0
2012 $431 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23001805

ImagineMLS (Bluegrass REALTORS®)

APN: 0071-0000-0022

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