NOT LISTED FOR SALE

Estimated Value: $437,000 - $497,000

10 Beds
5 Baths
3,934 Sq Ft
$116/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $420,000 $107 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,756/month

16 Days on Market

About This Home

As of December 2023

Newly listed 5-plex on Nicholasville Road - a prime location! ?? Spacious units, most recently renovated. ?? Don't miss out on this chance to own a multifamily property in this well-desired area! ?? Monthly rental income totaling $4951.00. Act fast and secure your investment today!
4 - 2 bedroom and 1 bath units
1 - 1 bedroom and 1 bath efficiency

Last Agent to Sell the Property

Jenny Perron

EXP Realty, LLC License #218043 Listed on: 12/05/2023

EXP Realty, LLC

Last Buyer's Agent

Jenny Perron

EXP Realty, LLC License #218043 Listed on: 12/05/2023

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,418

Lot Details

  • 1 Acre Lot

Home Design

Interior Spaces

  • 10 Bedrooms
  • 2-Story Property

Community Details

  • 5 Units
  • Edgewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 046-40-14-042.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,418

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Apartment
  • Structure Type: Multi Family
  • Year Built: 9999
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bedrooms: 10
  • Lot Size Area: 1.0
  • Total Stories: 2

Exterior Features

  • List Price: 450000.0

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Sq Ft: 43560.0
  • Parcel Number: 046-40-14-042.00
  • Zoning Description: commercial

Multi Family

  • Number of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Dec 29, 2023
Sold by
Eleet Property Group Llc
Bought by
Operation Rs Llc
Seller's Agent
Jenny Perron
EXP Realty, LLC
Buyer's Agent
Jenny Perron
EXP Realty, LLC
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Views
28
Current Estimated Value
$456,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,168
Avg. Annual Appreciation
4.62%

Purchase Details

Listed on
Sep 16, 2021
Closed on
Nov 30, 2021
Sold by
B & W Properties Of Jessamine Inc
Bought by
Eleet Property Group Llc
Seller's Agent
Bobby Perkins
Dennis King Real Estate
Buyer's Agent
Marcus Hammond
Bluegrass Sotheby's International Realty
List Price
$279,900
Sold Price
$279,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.54%
Original Mortgage
$237,915
Interest Rate
3.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 26, 2014
Sold by
Bailey Jason and Bailey Darlene
Bought by
B & W Poperties Of Jessamine Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2013
Sold by
Watts Charles Ray and Watts Mae Pauline
Bought by
Bailey Jason and Bailey Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
4.29%
Mortgage Type
New Conventional
Source: Public Records

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
Operation Rs Llc $420,000 Bluegrass Land Title
Operation Rs Llc $420,000 Bluegrass Land Title
Eleet Property Group Llc $279,900 None Available
B & W Poperties Of Jessamine Inc -- None Available
Bailey Jason $78,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eleet Property Group Llc $237,915
Previous Owner B & W Poperties Of Jessamine Inc $85,000
Previous Owner Bailey Jason $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold $420,000 -6.7% $107 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
12/05/2023 12/05/23 For Sale $450,000 +60.8% $114 / Sq Ft
11/30/2021 11/30/21 Sold $279,900 0.0% $71 / Sq Ft View Prior Sale
09/16/2021 09/16/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $279,900 -- $71 / 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 $4,418 $420,000 $40,000 $380,000
2023 $2,973 $279,900 $40,000 $239,900
2022 $521 $279,900 $40,000 $239,900
2021 $288 $155,000 $20,000 $135,000
2020 $288 $155,000 $20,000 $135,000
2019 $288 $155,000 $20,000 $135,000
2018 $279 $150,000 $20,000 $130,000
2017 $279 $150,000 $20,000 $130,000
2016 $1,260 $150,000 $20,000 $130,000
2015 $1,260 $125,000 $20,000 $105,000
2014 $867 $87,500 $20,000 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23023089

ImagineMLS (Bluegrass REALTORS®)

APN: 046-40-14-042.00