NOT LISTED FOR SALE

482 Solomon Dr Cadiz, KY 42211

Estimated Value: $546,000 - $608,033

3 Beds
2 Baths
3,280 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $460,000 $140 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,394/month

46 Days on Market

Highlights

  • Private Dock
  • Skylights
  • Patio
  • Waterfront
  • 2 Car Attached Garage
  • Laundry in Utility Room

About This Home

As of August 2022

Panoramic View of Lake Barkley awaits you at this 3 bed/2 bath waterfront home. Covered 2-slip dock with lift in one slip. All rooms on lake side have lake views and open to deck or patio. The sunroom offers 180 degree waterview. Short term rentals are being done in neighborhood (buyer to verify). Listing agent is related to seller. Acreage approximate.

Last Agent to Sell the Property

Marilyn White

KY Homes Realty Listed on: 05/20/2022

Last Buyer's Agent

Marilyn White

KY Homes Realty Listed on: 05/20/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,069

Year Built

  • Built in 1977

Lot Details

  • 0.5 Acre Lot
  • Waterfront

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Bookcases
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Combination Kitchen and Dining Room
  • Basement

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Private Dock
  • Covered Dock
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Property is located within a water district
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Tax Lot 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,069

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Estimated Age: 31-50
  • Estimated Year Built: 1977
  • Estimated Sq Ft: 3001-3500
  • Finished Basement Sq Ft: 1481
  • Deed Book Page: 147/364
  • Dockage: Private Dock
  • Fireplace Wood Stove: Gas Logs
  • Laundry Location: Utility Room
  • Location2: Barkley Lake
  • Main Level Sq Ft: 1799
  • Restrictions: Subdivision
  • Restrictions2: Y
  • Style: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1977

Interior Features

  • Floor Covering: Carpet, Laminate, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Interior Amenities: Book Shelves, Ceiling Fan(s), Skylight
  • Total Bathrooms: 2
  • Price Per Sq Ft: 140.24
  • Dining Kitchen: Kitchen/Dining Room
  • Estimated Total Sq Ft: 3280
  • Full Bathrooms: 2
  • Number Of Bedrooms: 3
  • Basement 2: Yes

Exterior Features

  • Construction: Frame
  • Exterior Features: Concrete Drive, Dock - Covered, Patio
  • Exterior Finish: Brick/Siding
  • Foundation: Concrete Block
  • Roof: Dimensional Shingle

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Electric Company: Pennyrile Rural Elec
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Septic
  • Water: Water District
  • Water Company: Lake Barkley Water
  • Water Heater: Electric

Schools

  • Elementary School: Trigg County
  • Middle School: Trigg County
  • High School: Trigg County

Lot Info

  • Lot Number: 10
  • Estimated Number of Acres: 0.5
  • Easements: TVA/Corps of Engineers
  • Location: Waterfront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Aug 5, 2022
Sold by
Keith Rich
Bought by
Ece Investments Llc
Seller's Agent
Marilyn White
KY Homes Realty
Buyer's Agent
Marilyn White
KY Homes Realty
List Price
$559,000
Sold Price
$460,000
Premium/Discount to List
-$99,000
-17.71%
Current Estimated Value
$583,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,758
Avg. Annual Appreciation
7.66%
Original Mortgage
$368,000
Outstanding Balance
$344,168
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$239,590
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
Ece Investments Llc $460,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ece Investments Llc $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $460,000 -7.8% $140 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/29/2022 06/29/22 Price Changed $499,000 -7.4% $152 / Sq Ft
06/10/2022 06/10/22 Price Changed $539,000 -3.6% $164 / Sq Ft
05/20/2022 05/20/22 For Sale $559,000 -- $170 / 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 $4,069 $460,000 $0 $0
2023 $4,414 $460,000 $0 $0
2022 $1,825 $225,000 $0 $0
2021 $1,868 $225,000 $0 $0
2020 $1,891 $225,000 $0 $0
2019 $1,889 $225,000 $0 $0
2018 $1,861 $225,000 $0 $0
2017 $1,630 $225,000 $0 $0
2016 $1,595 $0 $0 $0
2015 $1,589 $0 $0 $0
2010 $1,509 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 117419

Western Kentucky Regional MLS

APN: S-2-28-1-10