$183,500
SOLD OCT 19, 2020

35 Wallace Cemetery Ln Gilbertsville, KY 42044

4 Beds
2.5 Baths
2,728 Sq Ft
1.72 Acres

Recently Sold

$67 Per Sq Ft

1% Below List Price

4 Days on Market

Highlights

  • Above Ground Pool
  • Lake Property
  • Main Floor Primary Bedroom
  • 1.72 Acre Lot
  • Deck
  • Fenced Yard

About This Home

As of June 2023

LOOKING TO LIVE THE LAKE LIFE? Take your pick between the private, stocked lake just steps away from this home or Kentucky Lake and Moor's Resort- just minutes from this property. This 3-4 bedroom, 2.5 bath home has space for everything including all of your lake toys! And when you're not at the lake, you can relax on the back deck or go for a swim in the pool. Come see what the lake life is all about!

Last Agent to Sell the Property

Jaime Abell

Arnold Realty Group License #261465 Listed on: 08/26/2020

Last Buyer's Agent

Cindy Hart

Better Homes & Gardens Fern Leaf Group License #207559

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $555

Year Built

  • Built in 1977

Lot Details

  • 1.72 Acre Lot
  • Fenced Yard

Interior Spaces

  • Living Room
  • Utility Room

Kitchen

  • Stove
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Basement

  • Walk-Out Basement
  • Interior Basement Entry

Parking

  • 4 Car Garage
  • Heated Garage
  • Workshop in Garage

Outdoor Features

  • Above Ground Pool
  • Lake Property
  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Septic System

Listing and Financial Details

  • Tax Lot 40 and 41

Home Details

Home Type

Single Family

Est. Annual Taxes

$555

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Estimated Age: 31-50
  • Estimated Year Built: 1977
  • Estimated Sq Ft: 2501-2750
  • Finished Basement Sq Ft: 1156
  • Deed Book Page: 470/323
  • Extras: Above Ground Pool
  • Main Level Sq Ft: 1572
  • Master Bed Level: M
  • Restrictions2: Y
  • Utility Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Stove
  • Total Bathrooms: 2.1
  • Price Per Sq Ft: 67.27
  • Basement: Exterior Entrance, Interior Entrance
  • Estimated Total Sq Ft: 2728
  • Bedroom 2 Level: M
  • Bedroom 3 Level: M
  • Bedroom 4 Level: B
  • Kitchen Level: M
  • Living Room Level: M
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Of Bedrooms: 4
  • Basement 2: Yes

Exterior Features

  • Exterior Features: Deck, Fenced Yard, Sidewalks

Garage/Parking

  • Garage Type: Attached, Detached, Heated, Workshop
  • Garage Capacity: 4

Utilities

  • Electric Company: Western KY RECC
  • Cooling: Central Air
  • Gas Company: Benton Gas
  • Heating: Gas Pack, Natural Gas
  • Sewer: Septic
  • Water Company: North Marshall

Schools

  • Elementary School: Central
  • Middle School: North Marshall Middle
  • High School: Marshall Co.

Lot Info

  • Lot Number: 40 and 41
  • Estimated Number of Acres: 1.72
  • Location: Lake Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Oct 19, 2020
Sold by
Sullens Debra L
Bought by
Wigginton Michael T and Wigginton Cheryl A
Seller's Agent
Jaime Abell
Arnold Realty Group
Buyer's Agent
Cindy Hart
Better Homes & Gardens Fern Leaf Group
List Price
$184,900
Sold Price
$183,500
Premium/Discount to List
-$1,400
-0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.67%
Original Mortgage
$174,325
Outstanding Balance
$156,884
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
-$87,551

Purchase Details

Closed on
Aug 6, 2019
Sold by
Ayers Ronald B
Bought by
Sullens Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,119
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 26, 2016
Closed on
Jun 17, 2016
Sold by
Smith Treston and Smith Veronica M
Bought by
Ayers Ronald D and Sullens Debra L
Seller's Agent
Shannon Copeland
EXIT REALTY KEY GROUP
Buyer's Agent
Cindy Vied
4 Rivers Realty
List Price
$184,000
Sold Price
$165,000
Premium/Discount to List
-$19,000
-10.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.14%
Original Mortgage
$127,915
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 27, 2014
Closed on
Aug 15, 2014
Sold by
Cothran Sara Kaye
Bought by
Smith Treston and Smith Veronica M
Seller's Agent
Tammy Cothran
Keller Williams Experience Realty
Buyer's Agent
Brent Evans
4 Rivers Realty
List Price
$172,500
Sold Price
$165,000
Premium/Discount to List
-$7,500
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$156,750
Interest Rate
4.19%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $183,500 None Available
Quit Claim Deed $24,502 None Available
Deed $165,000 None Available
Warranty Deed $165,000 Bridge Trust Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $174,325 New Conventional
Previous Owner $123,119 Commercial
Previous Owner $127,915 Future Advance Clause Open End Mortgage
Previous Owner $156,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $80,000 +44.1% --
06/12/2023 06/12/23 Sold $55,500 -13.3% --
05/22/2023 05/22/23 Pending -- -- --
02/26/2023 02/26/23 Price Changed $64,000 -1.5% --
01/17/2023 01/17/23 For Sale $65,000 -64.6% --
10/19/2020 10/19/20 Sold $183,500 -0.8% $67 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $184,900 +12.1% $68 / Sq Ft
06/17/2016 06/17/16 Sold $165,000 -10.3% $68 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $184,000 +11.5% $76 / Sq Ft
08/14/2014 08/14/14 Sold $165,000 -4.3% $68 / Sq Ft
07/13/2014 07/13/14 Pending -- -- --
06/27/2014 06/27/14 For Sale $172,500 -- $71 / Sq Ft
Source: Western Kentucky Regional MLS

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 $555 $30,500 $30,500 $0
2023 $186 $18,000 $18,000 $0
2022 $355 $18,000 $18,000 $0
2021 $2,001 $168,500 $18,000 $150,500
2020 $1,813 $150,000 $15,000 $135,000
2019 $1,813 $150,000 $15,000 $135,000
2018 $1,821 $150,000 $15,000 $135,000
2017 $1,822 $150,000 $15,000 $135,000
2016 $1,825 $150,000 $15,000 $135,000
2015 $1,835 $150,000 $15,000 $135,000
2014 $1,204 $144,476 $0 $0
2010 -- $140,076 $13,500 $126,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 108989

Western Kentucky Regional MLS

APN: 62-0D-00-041.000000