$245,000
SOLD SEP 9, 2024

4750 Highway 1595 Frakes, KY 40940

3 Beds
1 Bath
1,900 Sq Ft
55.5 Acres

Recently Sold

$129 Per Sq Ft

8% Below List Price

285 Days on Market

Highlights

  • RV Access or Parking
  • 55.5 Acre Lot
  • Traditional Architecture
  • View of Trees or Woods
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of September 2024

Beautiful home and approximately 55.5 acres, per the seller, in the gorgeous mountains of Southeastern KY (Bell County). This unique property is about 4 miles from the TN border. The pretty home has been lovingly cared for and now it's your chance to make it your own. It has been updated throughout including a nice kitchen with stainless appliances, great room with lots of windows which allow for natural light. Outside you'll find lots of room to roam and a garage/workshop. Bring the ATV's to enjoy all the area has to offer since the property is close to the riding trails. Nearby you'll find Chenoa lake for some relaxing fishing with cozy areas for a quiet picnic. You'll find lots of wildlife in the area including Elk which are protected, turkey, deer, bobcats, bear and more! The acreage runs to the top of the mountain, providing long range mountain views and pretty sunsets. The home has all the amenities of living in town without the hustle and bustle. Being on a well maintained paved road is also a plus. Utility providers include Pineville city water, Cumberland Valley Electric, Spectrum high speed internet and garbage pickup. The post office and Frakes elementary school is less than 3 miles away along with the Frakes Fire Dept. There's also a local park with small walking trail, playground equipment and basketball court. Several places of worship are in the area and a Dollar General store is about 10 minutes away. The property is conveniently located to Pineville, Middlesboro, Barbourville and Williamsburg KY. Jellico Tn is also nearby allowing access to I-75 in about 25 minutes. Several colleges are within a short drive away including Lincoln Memorial University, University of the Cumberlands and Union College. University of Tennessee and University of Kentucky are less than 2 hours away. This property really is the best of both worlds but still has all the peace and quiet one could ask for or need. Shown by appointment only.

Last Agent to Sell the Property

Megan Stanaford

Century 21 Virginia Wilder Real Estate License #320574 Listed on: 06/11/2024

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $543

Lot Details

  • 55.5 Acre Lot
  • Level Lot
  • Irregular Lot
  • Wooded Lot

Parking

  • RV Access or Parking

Property Views

  • Woods
  • Mountain
  • Countryside Views
  • Forest

Home Design

  • Traditional Architecture
  • Frame Construction
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Great Room
  • Storage
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Kitchen Island

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Covered patio or porch

Schools

  • Bell Central Middle School
  • Bell County High School

Utilities

  • Zoned Heating and Cooling System
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 002-00-00-066.00 002-00-00-018.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$543

Lot Details

0

Listing Details

  • Directions: FROM WASIOTO WINDS GOLF COURSE IN PINEVILLE KY AT THE CORNER OF US25 & KY 190, TURN RIGHT OUT OF THE PARKING LOT AND ONTO 190. TRAVEL APPROXIMATELY 18 MILES TO A RIGHT ONTO KY3485. AT THE END OF KY3485, TURN A SHARP RIGHT ONTO KY1595. PROPERTY WILL BE ON YOUR RIGHT IN LESS THAN A MILE.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 9999
  • Lot Size Acres: 55.5
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • Lot Description:Irregular Lot: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1900.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Siding:Stone3: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Dining Area:Breakfast Bar: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Laminate, Vinyl
  • Basement:Crawl Space: Yes
  • Appliances Range: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:None15: Yes
  • Other Rooms:Great Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Other Rooms:Split Bedroom: Yes

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Mountain View, Country Setting, Wooded
  • Lot Features: Wooded, Irregular Lot, Level, Rolling Slope
  • Construction Type: Stone, Vinyl Siding, Frame
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Parking
  • GarageParking:RV Parking: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Schools

  • High School: Bell County
  • Middle Or Junior School: Bell Central

Lot Info

  • Lot Size Sq Ft: 2417580.0
  • Parcel #: 002-00-00-066.00 002-00-00-018.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Aug 29, 2024
Sold by
Powers Jerri Bree
Bought by
Davidson Steven R and Davidson Gretchen M
Seller's Agent
Megan Stanaford
Century 21 Virginia Wilder Real Estate
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Total Days on Market
285
Views
74
Current Estimated Value
$237,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,048
Avg. Annual Appreciation
-2.06%
Original Mortgage
$183,750
Outstanding Balance
$182,619
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$58,733

Purchase Details

Closed on
Apr 14, 2023
Sold by
Powers Jerri Bree
Bought by
Brown Samuel M

Purchase Details

Closed on
Oct 28, 2020
Sold by
Powers Robbie Elaine and Powers Timmy Lynn
Bought by
Powers Jerri Bree

Purchase Details

Closed on
Mar 15, 2018
Sold by
Bowlin William and Hite Mary Lou
Bought by
Baker Jerri Bree and Baker Jeffery
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 Type Sale Price Title Company
Deed $245,000 None Listed On Document
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Deed $5,250 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $183,750 New Conventional
Previous Owner $86,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $245,000 -3.9% $129 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
07/16/2024 07/16/24 Price Changed $255,000 -3.8% $134 / Sq Ft
06/11/2024 06/11/24 For Sale $265,000 0.0% $139 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/22/2024 05/22/24 Price Changed $265,000 -3.6% $139 / Sq Ft
04/29/2024 04/29/24 Price Changed $275,000 0.0% $145 / Sq Ft
04/29/2024 04/29/24 For Sale $275,000 -5.2% $145 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
02/10/2024 02/10/24 Price Changed $290,000 -17.1% $153 / Sq Ft
01/26/2024 01/26/24 Price Changed $350,000 -4.1% $184 / Sq Ft
11/11/2023 11/11/23 Price Changed $365,000 -2.7% $192 / Sq Ft
10/13/2023 10/13/23 For Sale $375,000 -- $197 / Sq Ft
Source: East Tennessee REALTORS® 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 $543 $245,000 $245,000 $0
2023 $550 $47,000 $0 $0
2022 $550 $47,000 $0 $0
2021 $559 $47,000 $0 $0
2020 $555 $47,000 $0 $0
2019 $559 $47,000 $0 $0
2018 $559 $47,000 $0 $0
2017 $540 $47,000 $0 $0
2016 $512 $47,000 $0 $0
2014 $458 $47,000 $0 $0
2011 $94 $47,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1242701

East Tennessee REALTORS® MLS

APN: 002-00-00-066.00