NOT LISTED FOR SALE

394 Castle Dr Gilbertsville, KY 42044

Estimated Value: $85,629 - $227,000

1 Bed
1 Bath
795 Sq Ft
$202/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $55,000 $69 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $922/month

3 Days on Market

Highlights

  • Screened Porch
  • Landscaped with Trees
  • Concrete Flooring
  • Paneling
  • 1-Story Property
  • Lot Has A Rolling Slope

About This Home

As of September 2020

The dream of the seller was to add a floor to the top of this one room cabin for a fabulous view of main Kentucky lake. You can make improvements here for a wonderful tiny house with a lake view. Add on to the front of the cabin and have more square ft of living space. Add a garage to the bottom front of the lot and build on top of it. The ideas and dreams are endless! A place like this at the lake is a diamond in the rough and a very rare find.

Last Agent to Sell the Property

Sherra Riley

Feels Like Home Realty License #215620 Listed on: 07/30/2020

Last Buyer's Agent

James Larkin

Feels Like Home Realty License #260343

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $550

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Has A Rolling Slope
  • Landscaped with Trees

Home Design

  • Composition Shingle Roof
  • Cedar Shake Siding
  • Block Exterior
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1 Full Bathroom
  • 795 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Screened Porch
  • Concrete Flooring
  • Laundry in Bathroom

Outdoor Features

  • Exterior Lighting
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Heating System Uses Wood
  • Property is located within a water district
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$550

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Access: Paved Road, Public Road
  • Estimated Age: 51-75
  • Estimated Sq Ft: <1000
  • Deed Book Page: 394/490
  • Dockage: Community Dock/SEE REMARKS
  • Land Use Topography: Rolling
  • Laundry Location: Bathroom
  • Location2: County
  • Main Level Sq Ft: 795
  • Restrictions: Subdivision
  • Restrictions2: Y
  • Style: 1 Story
  • Tv Cable: Cable Available
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floor Covering: Concrete
  • Total Bathrooms: 1
  • Price Per Sq Ft: 69.18
  • Estimated Total Sq Ft: 795
  • Full Bathrooms: 1
  • Walls: Paneling

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Exterior Lights, Outbuildings, Screened Porch/Room, Trees
  • Exterior Finish: Block, Cedar Shake
  • Roof: Composition Shingle

Utilities

  • Electric Company: Western KY RECC
  • Cooling: Window Unit(s)
  • Gas Company: Benton Gas
  • Heating: Wood
  • Sewer: Septic
  • Utilities Available: Natural Gas Available
  • 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

  • Estimated Number of Acres: 0.15
  • Location: Water View Year Round

Tax Info

  • Tax District: 06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 15, 2020
Sold by
Cutchin Jeffrey B
Bought by
Moss Dewayne and Moss Casey
Seller's Agent
Sherra Riley
Feels Like Home Realty
Buyer's Agent
James Larkin
Feels Like Home Realty
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%
Current Estimated Value
$160,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,907
Avg. Annual Appreciation
21.80%
Original Mortgage
$40,879
Outstanding Balance
$30,214
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$115,464

Purchase Details

Closed on
Dec 4, 2009
Sold by
Shaw Charles Vestal and Shaw Diane
Bought by
Cutchin Dr Jeffrey B and Cutchin Claudine
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Moss Dewayne $55,000 None Available
Cutchin Dr Jeffrey B $9,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moss Dewayne $40,879
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $55,000 -8.3% $69 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $60,000 -- $75 / 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 $550 $55,000 $10,000 $45,000
2023 $569 $55,000 $10,000 $45,000
2022 $592 $55,000 $10,000 $45,000
2021 $600 $55,000 $10,000 $45,000
2020 $489 $44,500 $9,500 $35,000
2019 $104 $9,500 $9,500 $0
2018 $105 $9,500 $9,500 $0
2017 $105 $9,500 $9,500 $0
2016 $105 $9,500 $9,500 $0
2015 $106 $9,500 $9,500 $0
2014 $105 $9,500 $0 $0
2010 -- $9,500 $4,500 $5,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 108572

Western Kentucky Regional MLS

APN: 69-0D-02-454.000000