NOT LISTED FOR SALE

4587 Ky 1232 Gray, KY 40734

Estimated Value: $146,000 - $212,226

3 Beds
1.5 Baths
1,876 Sq Ft
$90/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $116,753 $62 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,048/month

7 Days on Market

Highlights

  • Rural View
  • No HOA
  • Cooling Available
  • Ranch Style House
  • Porch
  • Patio

About This Home

As of April 2023

Spacious brick ranch on generous lot minutes from Corbin in Gray has great potential. Features 3 bedrooms, 1 bath , living room, dining room, den, washer/dryer hook up on main floor with 1/2 bath and 1 car garage in unfinished basement . Repairs needed. Sold 'AS IS'. All offers must be submitted at www.vrmproperties.com. Agents must register as a User, enter the property address, and click on 'Start
Offer'. 2) This property may qualify for Seller Financing (Vendee). 3) If Property was built prior to 1978, Lead Based Paint Potentially Exists

Last Agent to Sell the Property

Joann Baker

Joann Baker & Associates License #202699 Listed on: 01/02/2023

Last Buyer's Agent

Joann Baker

Joann Baker & Associates License #202699 Listed on: 01/02/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,527

Year Built

  • Built in 1964

Lot Details

  • 1.03 Acre Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Masonry

Interior Spaces

  • 1,876 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Rural Views
  • Basement

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • Garage
  • Basement Garage

Outdoor Features

  • Patio
  • Shed
  • Storage Shed
  • Porch

Schools

  • Lynn Camp Elementary And Middle School
  • Not Applicable Middle School
  • Lynn Camp High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Combination Of Heating Systems
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 028-20-02-002.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,527

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 1964
  • Levels: One
  • New Construction: No
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Elementary School: Lynn Camp
  • Location Tax Legal Info:Middle or Junior School: Lynn Camp
  • Location Tax Legal Info:High School: Lynn Camp
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2023-01-02
  • General Property Description:Lot Size Acres: 1.03
  • General Property Description:Waterfront: No
  • Utilities:Electricity2: Electricity Available
  • Structure Type:House: Yes
  • Basement: Yes
  • Flooring:Tile2: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Utilities:Natural Gas3: Natural Gas Available
  • Architectural Style:Ranch: Yes
  • Stories:One: Yes
  • Foundation Details:Block3: Yes
  • Flooring:Vinyl: Yes
  • View:Rural: Yes
  • Other Structures:Storage Shed: Yes
  • Roof:Shingle: Yes
  • General Property Description:Finished Area Total: 1876.0
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Lot Size Area: 1.03
  • Other Equipment: Storage Shed
  • Fireplace Features:Fireplace YN: Yes
  • Interior Features:Dining Area2: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Living Room3: Yes
  • General Property Description:_pound_ of Half Baths: 1

Exterior Features

  • Construction Materials: Solid Masonry
  • List Price: 89000.0
  • Patio And Porch Features: Porch
  • View: Rural
  • Exterior Features:Patio3: Yes
  • Exterior Features:Porch: Yes
  • Construction Materials:Solid Masonry: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: Yes
  • Parking Features: Basement
  • Garage Features:Garage YN: Yes
  • Carport Features:Carport YN: No
  • Garage Features:Basement7: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Combination
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Main Level
  • Utilities: Other
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lynn Camp
  • High School: Lynn Camp
  • Middle or Junior School: Lynn Camp

Lot Info

  • Lot Size Acres: 1.03
  • Lot Size Sq Ft: 44867.0
  • Parcel Number: 028-20-02-002.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Apr 18, 2023
Sold by
Secretary Of Veterans Affairs
Bought by
Veach Cheryl and Ball Debra
Seller's Agent
Joann Baker
Joann Baker & Associates
Buyer's Agent
Joann Baker
Joann Baker & Associates
List Price
$89,000
Sold Price
$116,753
Premium/Discount to List
$27,753
31.18%
Views
163
Current Estimated Value
$169,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,304
Avg. Annual Appreciation
16.56%
Original Mortgage
$103,903
Outstanding Balance
$101,293
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$65,562

Purchase Details

Closed on
Jan 27, 2023
Sold by
Caliber Home Loans Inc
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Nov 11, 2022
Sold by
Knox Circuit Court
Bought by
Caliber Home Loans Inc
Source: Public Records

Range of Values:

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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
Veach Cheryl $116,753 None Listed On Document
Secretary Of Veterans Affairs -- --
Caliber Home Loans Inc $98,100 None Listed On Document
Caliber Home Loans Inc $98,100 None Listed On Document
Caliber Home Loans Inc $98,100 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veach Cheryl $103,903
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Sold $116,753 +31.2% $62 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $89,000 -- $47 / 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 $1,527 $145,000 $15,000 $130,000
2023 $1,455 $132,080 $0 $0
2022 $1,431 $132,080 $0 $0
2021 $1,431 $132,080 $0 $0
2020 $1,022 $132,080 $0 $0
2019 $1,028 $132,080 $0 $0
2018 $1,019 $132,080 $0 $0
2017 $994 $132,080 $0 $0
2016 $960 $132,080 $0 $0
2015 $894 $132,080 $0 $0
2013 $1,176 $132,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23000040

ImagineMLS (Bluegrass REALTORS®)

APN: 028-20-02-002.00