NOT LISTED FOR SALE

411 Morgan Fork Rd Morehead, KY 40351

Morehead Area

Estimated Value: $127,391

2 Beds
1 Bath
780 Sq Ft
$163/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2015

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

Est. 87% increase in value since last sale

Current estimated payment $769 / 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

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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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
  • Lot: Lot Size Acres: 1.17
  • Lot: Lot Size Square Feet: 50965.25
  • Tax Legal: Elementary School: Clearfield
  • Tax Legal: Middle Or Junior School: Rowan Co
  • Tax Legal: High School: Rowan Co
  • AssociationCommunity: Number Of Buildings: 8.0
  • Other Sold Info: New Construction YN: No
  • Cooling: Electric: Yes
  • Income and Expenses: Gross Income: 2525.0
  • Income and Expenses: Net Operating Income: 2525.0
  • 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
  • Parking Information: Parking Total: 20.0

Utilities

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2014
Closed on
Aug 17, 2015
Sold by
Bought by
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
$127,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,391
Avg. Annual Appreciation
5.89%
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1421574

ImagineMLS (Bluegrass REALTORS®)

APN: 081-40-00-064.00

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