NOT LISTED FOR SALE

359 Bay Ln Cadiz, KY 42211

Estimated Value: $412,000 - $531,968

3 Beds
2 Baths
2,900 Sq Ft
$167/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $310,000 $107 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,818/month

55 Days on Market

Highlights

  • Private Dock
  • Wood Flooring
  • Screened Porch
  • Waterfront
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage

About This Home

As of April 2016

This gorgeous chalet style home offers lake living at its best. Deep water year round on this gentle slopping lot located near HWY 68 for quick access to I-24 or Murray. Covered deck with boat lift, oversized 2 car detached garage and a beautiful stone deck for entertaining and enjoying the lake.

Last Agent to Sell the Property

Trudy Littlejohn

Lakeland Realty Listed on: 01/24/2016

Last Buyer's Agent

Donna Clark

Lakeland Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,927

Year Built

  • Built in 1980

Lot Details

  • 0.5 Acre Lot
  • Waterfront
  • Landscaped with Trees

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • Tray Ceiling
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Thermal Pane Windows
  • Family Room with Fireplace
  • Screened Porch
  • Utility Room
  • Washer and Dryer Hookup
  • Partially Finished Attic
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Sump Pump
  • Laundry in Basement
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Private Dock
  • Covered Dock
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Property is located within a water district
  • Electric Water Heater
  • Septic System
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 83E

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,927

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Access: Paved Road
  • Estimated Age: 30+
  • Estimated Year Built: 1980
  • Estimated Sq Ft: 2751-3000
  • Finished Basement Sq Ft: 860
  • Deed Book Page: 219/545
  • Dockage: Private Dock
  • Fireplace Wood Stove: Family Room, Fireplace, Gas Logs
  • Laundry Location: Basement
  • Location2: Barkley Lake
  • Main Level Sq Ft: 1180
  • Master Bed Level: M
  • Restrictions2: Y
  • Tv Cable: Satellite Rented
  • Upper Level Sq Ft: 860
  • Utility Level: B
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Floor Covering: Carpet, Wood
  • Appliances: Dishwasher, Range - Countertop, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Skylight, Smoke Alarm, Sump Pump, Tray/Vaulted Ceiling, Washer/Dryer Hookup, Circuit Breakers
  • Price Per Sq Ft: 106.9
  • Basement: Exterior Entrance, Fully Finished, Interior Entrance, Sump Pump
  • Estimated Total Sq Ft: 2900
  • Attic: Partially Finished
  • Bedroom 2 Level: U
  • Bedroom 3 Level: U
  • Doors and Windows: Thermal Pane Windows
  • Full Bathrooms: 2
  • Number Of Bedrooms: 3
  • Walls: Dry Wall
  • Basement 2: Yes

Exterior Features

  • Construction: Frame
  • Exterior Features: Dock - Covered, Exterior Lights, Patio, Paved Drive, Screened Porch/Room, Trees
  • Foundation: Concrete Block, Crawl Space

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Electric Company: Pennyrile Rural Elec
  • Cooling: Central Air
  • Gas Company: Propane
  • Heating: Electric, Forced Air, Propane
  • Sewer: Septic
  • Utilities Available: Garbage - Private, Propane Tank Rented
  • Water: Water District
  • Water Company: Lake Barkley Water
  • Water Heater: Electric

Schools

  • Elementary School: Trigg County
  • Middle School: Trigg County
  • High School: Trigg County

Lot Info

  • Lot Number: 83E
  • Estimated Lot Size: see plat
  • Estimated Number of Acres: 0.5
  • Location: Waterfront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2016
Closed on
Apr 28, 2016
Sold by
Cook Robert and Cook Carol
Bought by
Downs Kenneth R and Downs Dee O
Seller's Agent
Trudy Littlejohn
Lakeland Realty
Buyer's Agent
Donna Clark
Lakeland Realty
List Price
$359,000
Sold Price
$310,000
Premium/Discount to List
-$49,000
-13.65%
Current Estimated Value
$483,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,742
Avg. Annual Appreciation
4.84%
Original Mortgage
$15,500
Outstanding Balance
$6,890
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$476,852
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
Downs Kenneth R $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downs Kenneth R $15,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2016 04/28/16 Sold $310,000 -13.6% $107 / Sq Ft
03/19/2016 03/19/16 Pending -- -- --
01/24/2016 01/24/16 For Sale $359,000 -- $124 / 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 $2,927 $330,000 $0 $0
2023 $3,175 $330,000 $0 $0
2022 $3,241 $330,000 $0 $0
2021 $3,317 $330,000 $0 $0
2020 $3,337 $330,000 $0 $0
2019 $3,133 $310,000 $0 $0
2018 $3,059 $310,000 $0 $0
2017 $2,677 $310,000 $0 $0
2016 $2,185 $0 $0 $0
2015 $2,177 $0 $0 $0
2010 $2,032 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 85288

Western Kentucky Regional MLS

APN: S-5-5-83E