$165,000
SOLD JUN 17, 2016

35 Wallace Cemetery Ln Gilbertsville, KY 42044

3 Beds
2.5 Baths
2,426 Sq Ft
1.62 Acres

Recently Sold

$68 Per Sq Ft

10% Below List Price

101 Days on Market

Highlights

  • 1.62 Acre Lot
  • Deck
  • Wood Flooring
  • Lake Property
  • Family Room with Fireplace
  • Main Floor Primary Bedroom

About This Home

As of June 2023

Kentucky Lake area home for sale in Cedar Lake Subdivision with a private stocked lake within walking distance. Minutes to Buckhorn Bay boat ramp and Moors Resort. Spacious open floor plan. Cozy fireplace. 2 car attached garage plus a heated and cooled detached garage large enough for your pontoon or ski boat. Back yard is partially fenced. 2 separate decks. Plenty of large closets. Bonus room in basement could be used as a 4th bedroom, office or craft room. So much space makes this a great family home.

Last Agent to Sell the Property

Shannon Copeland

EXIT REALTY KEY GROUP License #213533 Listed on: 01/26/2016

EXIT REALTY KEY GROUP

Last Buyer's Agent

Cindy Vied

4 Rivers Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $555

Year Built

  • Built in 1977

Lot Details

  • 1.62 Acre Lot
  • Property fronts an easement
  • Fenced Yard
  • Corner Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Block Foundation
  • Frame Construction
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • Multi-Level Property
  • Bookcases
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Thermal Pane Windows
  • Tilt-In Windows
  • Aluminum Window Frames
  • Family Room with Fireplace
  • Family Room Downstairs
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Workshop
  • Utility Room
  • Washer and Dryer Hookup
  • Fire and Smoke Detector

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Partially Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Laundry in Basement

Parking

  • 4 Car Garage
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Lake Property
  • Deck
  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Electric Water Heater
  • Septic System
  • Cable TV Available

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
  • Access: Blacktop, Public Road
  • Estimated Age: 30+
  • Estimated Year Built: 1977
  • Estimated Sq Ft: 2251-2500
  • Finished Basement Sq Ft: 768
  • Unfinished Basement Sq Ft: 200
  • Bonus Room Level: L
  • Deed Book Page: 430/23
  • Family Room Level: L
  • Fireplace Wood Stove: Family Room, Gas Logs, Living Room, Two or More
  • Land Use Topography: Level, Rolling
  • Laundry Location: Closet, Kitchen
  • Location2: Corner Lot, County
  • Main Level Sq Ft: 1658
  • Master Bed Level: M
  • Restrictions: Subdivision
  • Restrictions2: Y
  • Style: Multi-Level
  • Tv Cable: Cable Available
  • Utility Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Floor Covering: Tile, Wood
  • Interior Amenities: Book Shelves, Ceiling Fan(s), Closet Light(s), Garage Door Opener, Smoke Alarm, Washer/Dryer Hookup, Workshop, Circuit Breakers
  • Price Per Sq Ft: 68.01
  • Basement: Exterior Entrance, Interior Entrance, Partially Finished
  • Dining Kitchen: Formal Dining
  • Estimated Total Sq Ft: 2426
  • Attic: Crawl Opening
  • Bathroom Features: Separate Shower
  • Bedroom 2 Level: M
  • Bedroom 3 Level: M
  • Dining Room Level: M
  • Doors and Windows: Metal Frame, Thermal Pane Windows, Tilt Windows
  • Kitchen Level: M
  • Living Room Level: M
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Of Bedrooms: 3
  • Walls: Dry Wall
  • Basement 2: Yes

Exterior Features

  • Construction: Frame
  • Exterior Features: Covered Porch, Deck, Exterior Lights, Fenced Yard, Paved Drive, Sidewalks, Trees
  • Exterior Finish: Wood
  • Foundation: Concrete Block
  • Roof: Composition Shingle

Garage/Parking

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

Utilities

  • Electric Company: Western KY RECC
  • Cooling: Central Air
  • Gas Company: Benton Gas
  • Heating: Forced Air, Natural Gas
  • Sewer: Septic
  • Utilities Available: Garbage - Private
  • Water: Water District
  • Water Company: North Marshall
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Number: 40 and 41
  • Estimated Lot Size: 1.62 acres
  • Estimated Number of Acres: 1.62
  • Easements: Utility
  • Location: Lake Area

Tax Info

  • Tax District: 6

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: 85307

Western Kentucky Regional MLS

APN: 62-0D-00-041.000000