NOT LISTED FOR SALE

430 Derrickson Rd Morehead, KY 40351

Estimated Value: $429,000 - $553,303

4 Beds
4.5 Baths
3,318 Sq Ft
$152/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $410,000 $124 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,036/month

2 Days on Market

Highlights

  • 7.33 Acre Lot
  • Fireplace in Kitchen
  • Main Floor Primary Bedroom
  • Colonial Architecture
  • Wood Flooring
  • Attic

About This Home

As of November 2021

Everything you could ever want in a farmhouse is right here! Main floor bedroom with ensuite and walk-in closet, formal dining room, cozy living room, florida room, very spacious laundry room, 2 pantries and a large kitchen. On the second floor are 2 bedrooms, one with an ensuite. Continue up to the third floor and you have a 5th bedroom, storage, office, family room.... whatever you want. Back to the main level you will find a second staircase leading up to another bedroom with ensuite. There is plenty of room in the new 3 car detached garage. All this sits on 7.33 acres and is in a great location! There is an accepted offer but with a 48 hour kick out clause.

Last Agent to Sell the Property

Shannon Malone

Lifstyl Real Estate Listed on: 09/20/2021

Last Buyer's Agent

Megan McCoy

Keller Williams Legacy Group License #221535

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,497

Year Built

  • Built in 1989

Lot Details

  • 7.33 Acre Lot

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,318 Sq Ft Home
  • 2.5-Story Property
  • Ceiling Fan
  • Crawl Space
  • Storage In Attic
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Home Security

  • Security System Owned
  • Storm Doors

Outdoor Features

  • Shed
  • Storage Shed
  • Porch

Schools

  • Mcbrayer Elementary School
  • Rowan Co Middle School
  • Not Applicable Middle School
  • Rowan Co High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Wood
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Septic Tank

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 017-00 00 010.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,497

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1989
  • Levels: Two and One Half
  • New Construction: No
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Elementary School: McBrayer
  • Location Tax Legal Info:Middle or Junior School: Rowan Co
  • Location Tax Legal Info:High School: Rowan Co
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2021-09-20
  • General Property Description:Lot Size Acres: 7.33
  • Utilities:Electricity2: Electricity Connected
  • Utilities:Propane3: Propane Connected
  • Water: Water Connected
  • Structure Type:House: Yes
  • Basement: No
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Attic:Attic YN: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Vinyl: Yes
  • Cooling:Heat Pump3: Yes
  • Other Structures:Storage Shed: Yes
  • Roof:Shingle: Yes
  • Stories:Two and One Half: Yes
  • Attic:Storage Only: Yes
  • Architectural Style:Colonial: Yes
  • General Property Description:Finished Area Total: 3318.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Basement: Crawl Space
  • Total Bedrooms: 4
  • Fireplace: Yes
  • LivingArea: 3318.0
  • Lot Size Area: 7.33
  • Other Equipment: Storage Shed
  • Fireplace Features:Fireplace YN: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Primary First Floor: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Eat-in Kitchen2: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Security System Owned: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Kitchen3: Yes
  • Appliances:Gas Range: Yes
  • General Property Description:_pound_ of Half Baths: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: None
  • List Price: 410000.0
  • Patio And Porch Features: Porch
  • Exterior Features:Storm Door(s): Yes
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Driveway
  • Garage Features:Garage YN: Yes
  • Garage Features:Garage Spaces: 3.0
  • Carport Features:Carport YN: No
  • Parking Features:Driveway: Yes
  • Garage Features:Detached: Yes

Utilities

  • Heating: Forced Air, Heat Pump, Wood
  • Cooling: Other, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Wood: Yes
  • Sewer Septic Tank: Yes
  • Heating:Other11: Yes

Schools

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

Lot Info

  • Lot Size Acres: 7.33
  • Lot Size Sq Ft: 319295.0
  • Parcel Number: 017-00 00 010.04
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 8, 2021
Sold by
Tripp Gary R and Tripp Barbara S
Bought by
Stamper Emily Dawn and Stamper Jeffrey Tyler
Seller's Agent
Shannon Malone
Lifstyl Real Estate
Buyer's Agent
Megan McCoy
Keller Williams Legacy Group
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$503,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,826
Avg. Annual Appreciation
4.74%
Original Mortgage
$348,500
Outstanding Balance
$322,233
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$166,688

Purchase Details

Listed on
Oct 8, 2019
Closed on
Dec 13, 2019
Sold by
King Michael J and King Morgan M
Bought by
Tripp Gary R and Tripp Barbara S
Seller's Agent
Megan McCoy
Keller Williams Commonwealth
Buyer's Agent
Shannon Malone
HomeLand Real Estate Inc
List Price
$243,000
Sold Price
$243,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.50%
Original Mortgage
$143,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2014
Sold by
Carswell Gene D
Bought by
King Michael J and King Morgan M
Source: Public Records

Range of Values:

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Average Value
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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
Stamper Emily Dawn $410,000 Bluegrass Land Title Llc
Tripp Gary R $243,000 Bluegrass Land Title Llc
King Michael J $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stamper Emily Dawn $348,500
Previous Owner Tripp Gary R $40,000
Previous Owner Tripp Gary R $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $410,000 0.0% $124 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $410,000 +68.7% $124 / Sq Ft
12/13/2019 12/13/19 Sold $243,000 0.0% $89 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $243,000 -- $89 / Sq Ft
Source: ImagineMLS (Bluegrass 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 $3,497 $410,000 $60,000 $350,000
2023 $3,493 $410,000 $60,000 $350,000
2022 $3,542 $410,000 $60,000 $350,000
2021 $1,794 $243,000 $30,000 $213,000
2020 $1,837 $243,000 $30,000 $213,000
2019 $1,961 $215,000 $30,000 $185,000
2018 $1,952 $215,000 $30,000 $185,000
2017 -- $215,000 $30,000 $185,000
2016 -- $215,000 $30,000 $185,000
2014 $2,324 $275,000 $0 $0
2013 $2,324 $275,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20120365

ImagineMLS (Bluegrass REALTORS®)

APN: 017-00-00-010.04