NOT LISTED FOR SALE

425 Essex Way Taylorsville, KY 40071

Estimated Value: $525,000 - $593,000

4 Beds
2.5 Baths
2,617 Sq Ft
$210/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $425,000 $162 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,358/month

10 Days on Market

Highlights

  • No HOA
  • Geothermal Heating and Cooling
  • Partially Fenced Property
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

Beautiful Log Home on over 6 acres in Elk Creek. This stunning home will take your breath away with its large fire place stone work, and exposed wooden beams. Relax in the master suite boasting its own private covered balcony, jetted tub, and walk in closet. The Geothermal Heating & cooling with humidification control will keep you comfortable year round with extreme efficiency. The property is partially fenced, has a stocked pond, is surrounded by woods on 3 sides and backs up to a creek.

Last Agent to Sell the Property

Michael Morgan

Elk Creek Realty Listed on: 06/21/2021

Last Buyer's Agent

Michael Morgan

All Care Real Estate License #298532

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,443

Year Built

  • Built in 1998

Lot Details

  • Partially Fenced Property

Parking

  • Driveway

Home Design

  • Poured Concrete
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 25500309
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,443

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Lot Dimensions: irregular
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 2307.0
  • Architectural Style: Other
  • Green Power: GeoThermal
  • Rooms:Living Room5: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Green Features:Geothermal2: Yes
  • Lot Description:Pond: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished, Walkout Part Fin
  • Dining Area Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Office Level: Second
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 310.0
  • Total Bedrooms: 5
  • BasementFoundation:Poured Concrete: Yes
  • Other Rooms:Dining Area: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Office: Yes

Exterior Features

  • Fencing: Partial
  • Roof: Shingle
  • Acres: 6.14
  • Construction Type: Log
  • Foundation Details: Poured Concrete
  • Construction:Log: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway
  • Garageparkingdriveway: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Forced Air, Geothermal
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Geothermal: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 267458.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 25500309
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1998

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jul 30, 2021
Sold by
Riggs Jonathan A and Riggs Alicia
Bought by
Lutes Kevin T and Lutes Stacie
Seller's Agent
Michael Morgan
Elk Creek Realty
Buyer's Agent
Michael Morgan
All Care Real Estate
List Price
$445,000
Sold Price
$425,000
Premium/Discount to List
-$20,000
-4.49%
Current Estimated Value
$548,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,323
Avg. Annual Appreciation
5.40%
Original Mortgage
$363,100
Outstanding Balance
$311,727
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$214,643

Purchase Details

Listed on
Mar 24, 2020
Closed on
May 29, 2020
Sold by
Daniel Michael L
Bought by
Riggs Jonathan A and Riggs Alicia
Seller's Agent
Nina Gazerro
Best of Kentucky Homes Realty LLC
Buyer's Agent
Larry Baker
Realty Advanced
List Price
$367,000
Sold Price
$364,000
Premium/Discount to List
-$3,000
-0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.03%
Original Mortgage
$291,200
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2018
Sold by
Leister John T
Bought by
Daniel Michael L
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lutes Kevin T $425,000 None Available
Riggs Jonathan A $364,000 Millennial Title Llc
Daniel Michael L -- Millennial Title Llc
Daniel Michael L $10,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutes Kevin T $363,100
Previous Owner Riggs Jonathan A $291,200
Previous Owner Tolle Barbara A $240,000
Previous Owner Tolle Barbara A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $425,000 -4.5% $162 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $445,000 +22.3% $170 / Sq Ft
05/29/2020 05/29/20 Sold $364,000 +0.6% $134 / Sq Ft
04/26/2020 04/26/20 Pending -- -- --
04/16/2020 04/16/20 Price Changed $362,000 -1.4% $133 / Sq Ft
03/23/2020 03/23/20 For Sale $367,000 +9.6% $135 / Sq Ft
09/20/2016 09/20/16 Sold $335,000 -13.0% $157 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $385,000 -- $180 / Sq Ft
Source: Metro Search (Greater Louisville Association of REALTORS®)

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 $4,443 $458,500 $50,000 $408,500
2023 $4,480 $458,500 $50,000 $408,500
2022 $4,169 $425,000 $50,000 $375,000
2021 $3,676 $364,000 $50,000 $314,000
2020 $3,424 $335,000 $45,000 $290,000
2019 $3,487 $335,000 $45,000 $290,000
2018 $3,461 $335,000 $45,000 $290,000
2017 $3,491 $335,000 $45,000 $290,000
2016 $2,644 $257,400 $257,400 $0
2015 $2,484 $257,400 $0 $0
2014 $2,484 $257,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1588871

Metro Search (Greater Louisville Association of REALTORS®)

APN: 25-50-03-09