NOT LISTED FOR SALE

348 Kings Trace Dr Berea, KY 40403

Estimated Value: $259,000 - $313,000

3 Beds
2 Baths
1,646 Sq Ft
$178/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $298,000 $181 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,772/month

14 Days on Market

Highlights

  • Views of a Farm
  • Deck
  • Wood Flooring
  • Farristown Middle School Rated A-
  • Ranch Style House
  • Porch

About This Home

As of May 2024

Back on the market; due to no fault of seller or home. Conveniently located in Berea, six miles from Richmond, this gorgeous three bedroom, two bath home is the perfect balance of rural and suburbs. The backyard meets to a farm with various wildlife. The covered back porch was added in 2021 as well as new insulation added in the crawlspace. All bedrooms have recently been updated with hardwood flooring. The landscape now includes beautiful rock surrounding the property. A full brick mailbox accentuates the home. With 1.01 acres and a fenced-in backyard, there is plenty of space for family gatherings or outdoor hobbies. Don't miss this opportunity! Schedule your showing today!

Last Agent to Sell the Property

Shannon Smith

Coldwell Banker McMahan License #280021 Listed on: 05/22/2024

Coldwell Banker McMahan

Last Buyer's Agent

Shanda Stone

CENTURY 21 Simpson & Associates License #246736

CENTURY 21 Simpson & Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 1.01 Acre Lot
  • Fenced

Property Views

  • Farm
  • Neighborhood

Home Design

  • Ranch Style House
  • Brick Veneer
  • Block Foundation
  • Dimensional Roof
  • Vinyl Siding

Interior Spaces

  • 1,646 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Room
  • Utility Room
  • Crawl Space
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • Attached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Electric Water Heater
  • Septic Tank

Community Details

  • Kings Trace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0085-0004-0013

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 1999
  • Above Grade Finished Sq Ft: 1646.0
  • Levels: One
  • New Construction: No
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Roof:Dimensional Style: Yes
  • Flooring:Hardwood: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Architectural Style:Ranch: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Primary Downstairs
  • Flooring: Hardwood, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 3
  • Fireplace: No
  • LivingArea: 1646.0
  • Lot Size Area: 1.01
  • Window Features: Blinds, Window Treatments
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Fencing: Other
  • Foundation Details: Block
  • Home Warranty: No
  • List Price: 300000.0
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Pool Private: No
  • View: Farm, Neighborhood
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: Yes
  • Parking Features: Attached Garage, Driveway, Garage Faces Front
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

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

Lot Info

  • Lot Size Acres: 1.01
  • Lot Size Sq Ft: 43996.0
  • Parcel Number: 0085-0004-0013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
May 30, 2024
Sold by
Smith Derek J and Smith Shannon R
Bought by
Cunningham Christie
Seller's Agent
Shannon Smith
Coldwell Banker McMahan
Buyer's Agent
Shanda Stone
CENTURY 21 Simpson & Associates
List Price
$300,000
Sold Price
$298,000
Premium/Discount to List
-$2,000
-0.67%
Current Estimated Value
$293,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,491
Avg. Annual Appreciation
-0.96%
Original Mortgage
$272,893
Outstanding Balance
$268,740
Interest Rate
7.1%
Mortgage Type
FHA
Estimated Equity
$24,769

Purchase Details

Closed on
Aug 14, 2009
Sold by
Elam Gregory S and Elam Christy
Bought by
Smith Derek J and Smith Shannon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.26%
Mortgage Type
FHA
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
Cunningham Christie $298,000 Bluegrass Land Title
Smith Derek J $145,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunningham Christie $272,893
Previous Owner Smith Derek J $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $298,000 -0.7% $181 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $300,000 0.0% $182 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $300,000 -- $182 / 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 $2,810 $298,000 $0 $0
2024 $1,868 $195,000 $0 $0
2023 $1,542 $159,000 $0 $0
2022 $1,547 $159,000 $0 $0
2021 $1,576 $159,000 $0 $0
2020 $1,472 $145,500 $0 $0
2019 $1,479 $145,500 $0 $0
2018 $1,479 $145,500 $0 $0
2017 $1,463 $145,500 $0 $0
2016 $1,451 $145,500 $0 $0
2015 $1,416 $145,500 $0 $0
2014 $1,392 $145,500 $0 $0
2012 $1,392 $145,500 $145,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24007962

ImagineMLS (Bluegrass REALTORS®)

APN: 0085-0004-0013