NOT LISTED FOR SALE

427 S 8th St Murray, KY 42071

Estimated Value: $147,000 - $216,000

2 Beds
1 Bath
1,456 Sq Ft
$123/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $120,000 $82 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,043/month

17 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Wood Frame Window
  • Murray Elementary School Rated A
  • Covered patio or porch
  • Attached Garage

About This Home

As of January 2019

Triplex on large lot in city limits. Brick home with 2 story apartment building attached by breezeway/carport. Home has 2 BR/1 BA. Formal living. Nice porch & beautiful shaded lot. Apartments are newer & each have 1 BR/1 BA. Open concept. Bringing in $1650/mo.

Last Listed By

Angie Bogard

Property Investment Solutions License #206686 Listed on: 12/10/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $505

Lot Details

  • 1 Acre Lot
  • Property fronts an easement
  • Privacy Fence
  • Interior Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Triplex
  • Brick Exterior Construction
  • Frame Construction
  • Composition Shingle Roof
  • Metal Roof

Interior Spaces

  • 2-Story Property
  • Paneling
  • Sheet Rock Walls or Ceilings
  • Vinyl Clad Windows
  • Wood Frame Window
  • Open Floorplan
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Concrete
  • Vinyl

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Storage In Attic
  • Permanent Attic Stairs

Parking

  • Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Deck
  • Covered patio or porch
  • Outbuilding

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tenant pays for electric/cable/internet
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$505

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Access: Paved Road
  • Deed Book Page: 1151/583
  • Extras: Apartment
  • Land Use Topography: Level
  • Laundry Location: Utility Room
  • Restrictions: Deed
  • Style: 1.5 Story, 2 Story
  • Tv Cable: Cable Installed
  • Estimated Age: 30+
  • Restriction: Y
  • Annual Occupancy Percent: 100
  • Bedrooms Per Unit: Varies by Unit
  • Full Bathrooms Per Unit: One
  • Garage Cap Per Unit: Varies by Unit
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Floor Covering: Carpet, Concrete, Vinyl/Linoleum, Wood
  • Interior Amenities: Attic Storage, Closet Light(s), Smoke Alarm, Washer/Dryer Hookup, Circuit Breakers
  • Dining Kitchen: Kitchen/Dining Room, Eat-In Kitchen, Living/Dining
  • Attic: Floored, Permanent Stairs
  • Doors and Windows: Vinyl Frame, Wood Frame
  • Walls: Dry Wall, Paneling

Exterior Features

  • Construction: Frame
  • Exterior Features: Concrete Drive, Covered Porch, Deck, Outbuildings, Privacy Fence, Sidewalks, Trees
  • Exterior Finish: Brick/Siding
  • Foundation: Crawl Space, Poured Concrete
  • Roof: Composition Shingle, Metal

Garage/Parking

  • Garage Type: Attached, Carport

Utilities

  • Electric Company: Murray Electric
  • Cooling: Central Air
  • Gas Company: Murray Natl Gas
  • Heating: Natural Gas
  • Sewer: Public/Municipality
  • Utilities Available: DSL/High Speed Internet, Garbage - Public, Natural Gas Available
  • Water Company: Murray Municipal
  • Water Heater: Electric
  • Water: Public/Municipality

Schools

  • Elementary School: Calloway/Murray-VERIFY
  • Middle School: Calloway/Murray-VERIFY
  • High School: Calloway/Murray-VERIFY

Lot Info

  • Estimated Number of Acres: 1
  • Easements: Utility
  • Location: In City Limits, Interior Lot

Rental Info

  • Tenant Pays: Electric/Cable/Internet
  • Owner Pays: Water

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2018
Closed on
Jan 31, 2019
Sold by
Mize Steven Paul and Mize Steven P
Bought by
Carlisle Christopher Jordan and Wojciechowski Melody Anne
Seller's Agent
Angie Bogard
Property Investment Solutions
Buyer's Agent
Kristy Barnes
Keller Williams Experience Realty
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Total Days on Market
17
Current Estimated Value
$179,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,618
Avg. Annual Appreciation
7.23%
Original Mortgage
$102,000
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 8, 2017
Closed on
Sep 29, 2017
Sold by
Cranfill Cara J and Childrens Anthony Wade
Bought by
Mize Steven P
Seller's Agent
Angie Bogard
Property Investment Solutions
Buyer's Agent
Angie Bogard
Property Investment Solutions
List Price
$189,900
Sold Price
$100,000
Premium/Discount to List
-$89,900
-47.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.46%
Original Mortgage
$80,000
Interest Rate
3.89%
Mortgage Type
Credit Line Revolving

Range of Values:

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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
Carlisle Christopher Jordan $120,000 None Available
Mize Steven P $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlisle Christopher Jordan $100,500
Closed Carlisle Christopher Jordan $102,000
Previous Owner Mize Steven P $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $120,000 -4.0% $82 / Sq Ft
12/10/2018 12/10/18 For Sale $125,000 +25.0% $86 / Sq Ft
09/25/2017 09/25/17 Sold $100,000 -47.3% $69 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $189,900 -- $130 / Sq Ft
Source: Western Kentucky Regional MLS

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 $505 $120,000 $0 $0
2023 $516 $120,000 $0 $0
2022 $522 $120,000 $0 $0
2021 $532 $120,000 $0 $0
2020 $528 $120,000 $0 $0
2019 $419 $115,000 $0 $0
2018 $979 $100,000 $0 $0
2017 $433 $120,000 $0 $0
2016 $301 $120,000 $0 $0
2015 $290 $120,000 $0 $0
2011 $290 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 100482

Western Kentucky Regional MLS

APN: 007-0-0019-00021