NOT LISTED FOR SALE

40 Shelton Dr Morehead, KY 40351

Estimated Value: $358,000 - $390,000

-- Bed
-- Bath
-- Sq Ft
0.5 Acres

About This Home

This home is located at 40 Shelton Dr, Morehead, KY 40351 and is currently estimated at $373,382. 40 Shelton Dr is a home located in Rowan County with nearby schools including Rowan County Senior High School and Farmers Christian Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2022
Sold by
Clark Woody Verdon and Clark Barbara Jean
Bought by
Spellings Mark Robert and Spellings Julie Joy
Current Estimated Value
$373,382

Purchase Details

Closed on
May 15, 2020
Sold by
Solid Ground Rentals Llc
Bought by
Spellings Mark and Spellings Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,750
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
Jun 5, 2019
Sold by
Peoples Bank Of Kentucky Inc
Bought by
Solid Ground Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2014
Sold by
Willowtree Homes Llc
Bought by
Robinson Kenneth D and Robinson Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Spellings Mark Robert $25,000 --
Spellings Mark Robert $25,000 None Listed On Document
Spellings Mark $257,750 None Available
Solid Ground Rentals Llc $165,000 None Available
Robinson Kenneth D $250,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spellings Mark $257,750
Previous Owner Solid Ground Rentals Llc $165,000
Previous Owner Robinson Kenneth D $235,000
Source: Public Records

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 $2,199 $257,750 $32,500 $225,250
2023 $2,196 $257,750 $32,500 $225,250
2022 $2,227 $257,750 $25,000 $232,750
2021 $2,284 $257,750 $25,000 $232,750
2020 $1,957 $217,000 $25,000 $192,000
2019 $2,280 $250,000 $0 $250,000
2018 $2,270 $250,000 $0 $250,000
2017 -- $250,000 $0 $250,000
2016 -- $250,000 $0 $250,000
2014 -- $62,000 $0 $0
Source: Public Records

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