NOT LISTED FOR SALE

3500 Union Ridge Rd Frankfort, KY 40601

Estimated Value: $191,000 - $347,000

2 Beds
1 Bath
1,200 Sq Ft
$226/Sq Ft Est. Value

Last Sold November 12, 2015

Last sale price $90,000 $75 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,539/month

78 Days on Market

Highlights

  • Horses Allowed On Property
  • Fireplace in Primary Bedroom
  • Wooded Lot
  • 33 Acre Lot
  • Secluded Lot
  • Wood Flooring

About This Home

As of November 2015

Charming home built in late 1800's, addition in 1970's. 33 secluded acres with pond. Perfect for hunting spot, weekend getaway or homestead. 2 bedrooms, 1 bath, fireplace with 2 hearths. Hardwood floors. Original paneling with kerf marks. Property is mostly wooded and full of birds and other wildlife. Nice barn and newer shed. Cash or conventional financing only. City water to property but not to house. Seller uses cistern water to bath and cook but not to drink. Old cistern and stone well on property.

Last Agent to Sell the Property

Joe Johnson

Bluegrass Realty & Investments License #203912 Listed on: 07/22/2015

Last Buyer's Agent

Bonnie Fint

CENTURY 21 Simpson & Associates License #187857

CENTURY 21 Simpson & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $720

Lot Details

  • 33 Acre Lot
  • Secluded Lot
  • Wooded Lot

Home Design

  • Brick or Stone Mason
  • Stone Foundation
  • Metal Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 1,200 Sq Ft Home
  • 1.5-Story Property
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • 1 Full Bathroom

Attic

  • Attic Floors
  • Permanent Attic Stairs

Schools

  • Peaks Mill Elementary School
  • Elkhorn Middle School
  • Not Applicable Middle School
  • Franklin Co High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Heating System Uses Wood
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 098-00-00-007.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$720

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 9999
  • Levels: One and One Half
  • New Construction: No
  • ResoPropertyType: Residential
  • Attribution Contact: joe@buybluegrass.com
  • Location Tax Legal Info:Elementary School: Peaks Mill
  • Location Tax Legal Info:Middle or Junior School: Elkhorn Middle
  • Location Tax Legal Info:High School: Franklin Co
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2015-07-22
  • General Property Description:Lot Size Acres: 33.0
  • General Property Description:Above Grade Finished Area: 1000.0
  • General Property Description:Waterfront: No
  • Utilities:Electricity2: Electricity Connected
  • Utilities Sewer: Sewer Available
  • Water: Water Available
  • Flooring:Hardwood: Yes
  • Attic:Attic YN: Yes
  • Cooling:Electric2: Yes
  • Appliances Refrigerators: Yes
  • Roof:Metal3: Yes
  • Foundation Details:Stone3: Yes
  • Stories:One and One Half: Yes
  • Attic:Floored: Yes
  • Cooling:Window Unit(s): Yes
  • Attic:Permanent Stairs: Yes
  • General Property Description:Finished Area Total: 1200.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Flooring: Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Lot Size Area: 33.0
  • Fireplace Features:Fireplace YN: Yes
  • Appliances Range: Yes
  • Interior Features:Eat-in Kitchen2: Yes
  • Fireplace Features:Masonry2: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Primary Bedroom: Yes
  • Fireplace Features:Living Room3: Yes

Exterior Features

  • Construction Materials: Wood Siding, Stone
  • List Price: 119900.0
  • Lot Features: Horses Permitted, Secluded, Wooded
  • Construction Materials:Stone2: Yes
  • Lot Features:Secluded: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Horses Permitted: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Garage: No
  • Garage Features:Garage YN: No

Utilities

  • Heating: Space Heater, Electric, Wood
  • Cooling: Electric, Window Unit(s)
  • Cooling: Yes
  • Heating: Yes
  • Heating:Wood: Yes
  • Heating:Electric: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Peaks Mill
  • High School: Franklin Co
  • Middle or Junior School: Elkhorn Middle

Lot Info

  • Lot Size Acres: 33.0
  • Lot Size Sq Ft: 1437481.32
  • Parcel Number: 098-00-00-007.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2015
Closed on
Nov 12, 2015
Sold by
Thompson Judith E
Bought by
Sherrow Martha
Seller's Agent
Joe Johnson
Bluegrass Realty & Investments
Buyer's Agent
Bonnie Fint
CENTURY 21 Simpson & Associates
List Price
$90,000
Sold Price
$90,000
Current Estimated Value
$271,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,447
Avg. Annual Appreciation
11.23%
Original Mortgage
$72,000
Outstanding Balance
$57,387
Interest Rate
3.78%
Mortgage Type
Commercial
Estimated Equity
$197,909
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
Sherrow Martha $90,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherrow Martha $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2015 11/12/15 Sold $90,000 0.0% $75 / Sq Ft
10/08/2015 10/08/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $90,000 -- $75 / 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 $720 $106,001 $0 $0
2023 $713 $106,001 $0 $0
2022 $776 $106,001 $0 $0
2021 $358 $71,001 $0 $0
2020 $376 $71,001 $10,501 $60,500
2019 $859 $71,001 $10,501 $60,500
2018 $804 $66,624 $9,624 $57,000
2017 -- $66,624 $9,624 $57,000
2016 $726 $63,691 $6,691 $57,000
2015 $36 $37,638 $6,438 $31,200
2011 $36 $37,638 $6,438 $31,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1516168

ImagineMLS (Bluegrass REALTORS®)

APN: 098-00-00-007.00