NOT LISTED FOR SALE

411 Morgan Fork Rd Morehead, KY 40351

Estimated Value: $124,797

2 Beds
1 Bath
780 Sq Ft
$160/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2015

Last sale price $68,000 $87 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $734 / mo

252 Days on Market

About This Home

As of August 2015

A nice mobile home park which has 10 permitted sites, but has 7 mobile homes which are currently rented. The new owner can place three other mobile homes on the site and increase the monthly cash flow by $1200 to $1300 in the first month. Priced reduced to $79,500.

Last Agent to Sell the Property

David Barber

C Roger Lewis Agency License #196479 Listed on: 11/06/2014

Last Buyer's Agent

David Barber

C Roger Lewis Agency License #196479 Listed on: 11/06/2014

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1.17

Parking

  • 20 Parking Spaces

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Clearfield Elementary School
  • Rowan Co Middle School
  • Rowan Co High School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • 780 Sq Ft Home
  • 1.17 Acre Lot

Community Details

Overview

  • 8 Buildings
  • Rural Subdivision

Building Details

  • Gross Income $2,525
  • Net Operating Income $2,525

Property Details

Home Type

Multi-Family

Lot Details

1.17 Acres

Listing Details

  • Property Type: Residential Income
  • Structure Type: Other
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 780.0
  • Lot Size Area: 1.17

Exterior Features

  • List Price: 79500.0

Garage/Parking

  • Total Parking Spaces: 20.0

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected

Schools

  • Elementary School: Clearfield
  • High School: Rowan Co
  • Middle or Junior School: Rowan Co

Lot Info

  • Lot Size Acres: 1.17
  • Lot Size Sq Ft: 50965.25
  • Zoning Description: Residential

Multi Family

  • Gross Income: 2525.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2014
Closed on
Aug 17, 2015
Sold by
L & D Rentals Inc
Bought by
Grimshaw Ivan I and Grimshaw Deborah K
Seller's Agent
David Barber
C Roger Lewis Agency
Buyer's Agent
David Barber
C Roger Lewis Agency
List Price
$68,000
Sold Price
$68,000
Current Estimated Value
$124,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,797
Avg. Annual Appreciation
5.86%
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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Purchase History

Date Buyer Sale Price Title Company
Grimshaw Ivan I $68,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2015 08/17/15 Sold $68,000 0.0% $87 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
11/03/2014 11/03/14 For Sale $68,000 -- $87 / 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 $808 $96,550 $35,000 $61,550
2024 $674 $79,050 $25,000 $54,050
2023 $674 $79,050 $25,000 $54,050
2022 $640 $74,050 $25,000 $49,050
2021 $656 $74,050 $25,000 $49,050
2020 $645 $71,550 $25,000 $46,550
2019 $634 $69,500 $20,350 $49,150
2018 $631 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $68,000 $0 $68,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David Barber

    C Roger Lewis Agency

    (606) 207-7877

    30 Total Sales

    David Barber
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1421574

ImagineMLS (Bluegrass REALTORS®)

APN: 081-40-00-064.00

Kentucky Rowan County Morehead 40313

411 Morgan Fork Rd, Morehead, KY

Not Listed for Sale

MultiFamily

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