NOT LISTED FOR SALE

405 Highland Ave Georgetown, KY 40324

Downtown Georgetown Neighborhood

Estimated Value: $289,000 - $304,000

4 Beds
2 Baths
1,700 Sq Ft
$174/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $220,000 $129 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,739/month

17 Days on Market

About This Home

As of September 2020

Property Id: 398607

This duplex was completely remodeled from top to bottom just 3 years ago. The roof is new down to the floors, and everything in between is only 3 years old. It's at the end of a quiet street with a nice fenced backyard. It's a 5-minute walk to downtown restaurants and shops and includes two off-street parking spots. There is a galley kitchen and living area with two nice-sized bedrooms. All the appliances (Refrigerator, dishwasher, stove, washer, and dryer) are relatively new. A ton of storage is also included in the basement at no additional cost.

Last Agent to Sell the Property

Michael E Schornick

Keller Williams Bluegrass Realty License #219897 Listed on: 07/17/2020

Keller Williams Bluegrass Realty

Last Buyer's Agent

Kristine Cassata

Keller Williams Commonwealth

Property Details

Home Type

  • Multi-Family

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • 1,700 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Garth Elementary School
  • Georgetown Middle School
  • Great Crossing High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 167-10-152.000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex
  • New Construction: No
  • Roof:Composition: Yes
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1700.0
  • Lot Size Area: 0.2

Exterior Features

  • Roof: Composition, Shingle
  • List Price: 230000.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Garth
  • High School: Great Crossing
  • Middle or Junior School: Georgetown

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.01
  • Parcel Number: 167-10-152.000
  • Zoning Description: R-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Sep 14, 2020
Sold by
Roark Rodney and Roark Paula
Bought by
Roark Michael and Roark Chers Danielle
Seller's Agent
Michael E Schornick
Keller Williams Bluegrass Realty
Buyer's Agent
Kristine Cassata
Keller Williams Commonwealth
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Current Estimated Value
$295,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,831
Avg. Annual Appreciation
5.68%
Original Mortgage
$165,000
Outstanding Balance
$145,090
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$150,741

Purchase Details

Closed on
May 4, 2020
Sold by
Roark Rodney and Roark Paula
Bought by
Roark Michael

Purchase Details

Closed on
Nov 14, 2019
Sold by
Wright Noah and Wright Nathan
Bought by
Roark Rodney

Purchase Details

Closed on
Feb 25, 2009
Sold by
Federal National Mortgage Association
Bought by
Wright Brothers Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2008
Sold by
Washington Mutual Bank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 13, 2008
Sold by
Colvin John and Colvin Lindsey
Bought by
Washington Mutual Bank and Washington Mutual Bank Fa

Purchase Details

Closed on
May 31, 2007
Sold by
Wallace T Bennett Jr Family Limited Part
Bought by
Colvin John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2005
Sold by
Frasure Tim and Frasuer Shannon N
Bought by
Wallace T Bennett Jr Family Limited Part

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.51%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Roark Michael $220,000 None Available
Roark Michael -- None Available
Roark Rodney $54,000 None Available
Wright Brothers Properties Llc $50,000 None Available
Federal National Mortgage Association -- None Available
Washington Mutual Bank $81,000 None Available
Colvin John $121,500 None Available
Wallace T Bennett Jr Family Limited Part $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roark Michael $165,000
Previous Owner Wright Brothers Properties Llc $42,500
Previous Owner Colvin John $126,400
Previous Owner Wallace T Bennett Jr Family Limited Part $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Off Market $1,200 -- --
12/06/2024 12/06/24 For Rent $1,200 0.0% --
09/14/2020 09/14/20 Sold $220,000 -4.3% $129 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $230,000 0.0% $135 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $230,000 -- $135 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

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
2025 $2,026 $227,500 $0 $0
2024 $1,978 $220,000 $0 $0
2023 $1,995 $220,000 $27,500 $192,500
2022 $1,871 $220,000 $25,000 $195,000
2021 $2,072 $220,000 $25,000 $195,000
2020 $1,170 $136,200 $25,000 $111,200
2019 $850 $136,200 $0 $0
2018 $800 $92,200 $0 $0
2017 $789 $90,500 $0 $0
2016 $729 $90,500 $0 $0
2015 $724 $90,500 $0 $0
2014 $750 $90,500 $0 $0
2011 $56 $90,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael E Schornick

    Keller Williams Bluegrass Realty

    (859) 797-6604

    30 Total Sales

    Michael E Schornick
    Section Image

  • K

    Buyer's Agent in 2020

    Kristine Cassata

    Keller Williams Commonwealth

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20014578

ImagineMLS (Bluegrass REALTORS®)

APN: 167-10-152.000

Kentucky Scott County Georgetown 40324 Downtown Georgetown

405 Highland Ave, Georgetown, KY

Not Listed for Sale

MultiFamily

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