NOT LISTED FOR SALE

500 Jim Veatch Rd Morganfield, KY 42437

Estimated Value: $622,000 - $823,000

7 Beds
8 Baths
-- Sq Ft
3.66 Acres

Last Sold May 06, 2021

Last sale price $594,000

Est. 26% increase in value since last sale

Current estimated payment $4,730/month

3 Days on Market

About This Home

As of May 2021

This is an outstanding custom designed and built two story brick with finished walk-out basement. Built by Steve Parker. Sitting on 1.79 acres. Additional acreage available if desired making a total of 5.38 acres. There is not another home like it! This is a rare find in Morganfield. Boasting a beautiful 10 ft ceiling foyer and stairway to second level with a catwalk overlooking the 20 ft ceiling living room. Master and bedroom/office on main. 4 bedrooms on second level and 1 in basement. So a total of 7 bedrooms, 6 baths, 2 ½ baths with 3 car garage. Gas log fireplace. Open concept Living/Kitchen with granite countertops, Amish cabinets, island, stainless steel appliances. Theatre area has projector screen with surround sound and room for gaming or gatherings at the bar. Large storage area. The basement walks out to the heated in-ground pool with automatic cover and access to a full bathroom for swimmers. There are two HVAC systems, two water heaters, water filtration, 2 laundry rooms and wired for whole house generator. Architectural designed crown molding throughout.  8400 sq ft of finished living space.

Last Listed By

Melinda Luntsford

ERA FIRST ADVANTAGE Listed on: 03/06/2021

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,071

Year Built

2010

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Style: Two Story
  • Estimated Total Finished Sq Ft: 8425
  • Year Built: 2010
  • Agent Only_ L A1 User Code: 2012G
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 7
  • Number Bedrooms Lower: 1
  • Number Bedrooms Upper: 4
  • Number Bedrooms Main: 2
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Number of Lower Level Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Appliances: Dishwasher, Refrigerator, Range/Oven
  • Fireplace: Yes, Gas
  • Windows Treatments: Blinds Only
  • Basement: Full, Walk Out
  • Source For Sq Ft: Appraisal
  • Estimated Main Above Grade Sq Ft: 3170
  • Estimated Above Grade Upper Level Sq Ft: 2085
  • Estimated Total Above Grade Sq Ft: 5255
  • Estimated Finished Below Grade Sq Ft: 3100
  • Estimated Below Grade Unfinished Sq Ft: 70
  • Estimated Below Grade Total Sq Ft: 3170
  • Floor: Carpet, Tile, Wood

Exterior Features

  • Exterior: Brick Vinyl
  • Foundation: Concrete Block
  • Pool: In Ground, Yes
  • Porch: Yes, Front, Back, Deck, Patio
  • Roof: Metal, Shingle

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Garage Attached
  • Garage Capacity: 3
  • Parking: Yes

Utilities

  • Cable: Satellite
  • Cooling: Central
  • Electric Company: KU
  • Gas: City
  • Heat Type: Electric Forced Air, Heat Pump
  • Sewer: Septic
  • Water Company: County
  • Water Heater: Electric

Lot Info

  • Deed Book Page Number: 379-512
  • Lot Size: 1.79
  • Zoning: County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
Hillgoth Jacob B and Hillgoth Andrea M
Bought by
Ervin Luke and Ervin Caylee
Total Days on Market
3
Current Estimated Value
$747,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Outstanding Balance
$495,842
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$251,255

Purchase Details

Listed on
Mar 6, 2021
Closed on
May 6, 2021
Sold by
Hoffman Jason A and Hoffman Shelly A
Bought by
Hillgoth Jacob B and Hillgoth Andrea M
Seller's Agent
Melinda Luntsford
ERA FIRST ADVANTAGE
Buyer's Agent
Melinda Luntsford
ERA FIRST ADVANTAGE
List Price
$613,900
Sold Price
$594,000
Premium/Discount to List
-$19,900
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$475,200
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
Ervin Luke $680,000 None Listed On Document
Hillgoth Jacob B $20,000 None Available
Hillgoth Jacob B $594,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ervin Luke $528,000
Previous Owner Hillgoth Jacob B $475,200
Previous Owner Hoffman Jason A $170,000
Previous Owner Harmon Terry $542,950
Previous Owner Harmon Terry $518,032
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $594,000 -3.2% --
03/09/2021 03/09/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $613,900 -- --
Source: Henderson Audubon Board of 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 $7,071 $680,000 $68,000 $612,000
2023 $7,030 $680,000 $68,000 $612,000
2022 $6,504 $614,000 $68,000 $546,000
2021 $6,376 $595,000 $78,000 $517,000
2020 $6,465 $595,000 $78,000 $517,000
2019 $6,031 $545,000 $28,000 $517,000
2018 $7,079 $659,638 $28,000 $631,638
2017 $6,162 $659,638 $28,000 $631,638
2016 $6,162 $659,638 $28,000 $631,638
2015 -- $659,638 $28,000 $631,638
2011 -- $649,638 $649,638 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Henderson Audubon Board of REALTORS®

MLS Number: 20210071

Henderson Audubon Board of REALTORS®

APN: 63-01-01-07