NOT LISTED FOR SALE

500 N Central Ave Campbellsville, KY 42718

Estimated Value: $210,000 - $415,000

7 Beds
4 Baths
4,912 Sq Ft
$59/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $132,500 $27 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,610/month

About This Home

As of September 2016

Great investment opportunity. It overlooks Campbellsville University, with a short walk down the road for classes and both units are currently occupied. The main level of the property consists of 3 bedroom/2 bathrooms. The upstairs unit is 4 bedroom/2 bathrooms. There is also a detached building for storage. Both units have had updates, and left some original charming details. Currently bringing in $600 and $800 in rent.

Last Agent to Sell the Property

Mary Jo Green

MAZE REALTY License #213086 Listed on: 02/13/2016

Last Buyer's Agent

Mary Jo Green

MAZE REALTY License #213086 Listed on: 02/13/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $752

Lot Details

  • 8,712

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Construction Material

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Oven or Range
  • 8,712 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for other-see remarks
  • The owner pays for other-see remarks
  • Assessor Parcel Number c05-15-07

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$752

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Construction: Vinyl
  • Roofing: Shingles
  • Foundation: Block

Garage/Parking

  • Total Number Parking Spaces: 5
  • Parking: Off Street Parking

Utilities

  • Water: City
  • Sewer: City

Lot Info

  • Estimated Lot Size: 0.2
  • Parcel Id Tax Id: c05-15-07

Rental Info

  • Owner Pays: Other-See Remarks
  • Tenant Pays: Other-See Remarks

Multi Family

  • Total Number Units: 2
  • Type of Unit: Other-See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2022
Sold by
Estes Elite Property Investments Llc
Bought by
Creekview Development Llc
Current Estimated Value
$290,306

Purchase Details

Listed on
Feb 13, 2016
Closed on
Sep 29, 2016
Sold by
Elmore Michael A and Elmore Carol D
Bought by
Estes Elite Property Investments Llc
Seller's Agent
Mary Jo Green
MAZE REALTY
Buyer's Agent
Mary Jo Green
MAZE REALTY
List Price
$139,900
Sold Price
$132,500
Premium/Discount to List
-$7,400
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$64,392
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2006
Sold by
Wilkerson Charles Terry and Wilkerson Janet P
Bought by
Elmore Carol and Elmore Michael

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
6.29%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Creekview Development Llc $951,500 Bright Law Pllc
Estes Elite Property Investments Llc $132,500 None Available
Elmore Carol $43,725 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Creekview Development Llc $7,000
Previous Owner Estes Elite Property Investments Llc $64,392
Previous Owner Elmore Carol $111,719
Previous Owner Elmore Carol $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $132,500 -5.3% $27 / Sq Ft
09/04/2016 09/04/16 Pending -- -- --
02/13/2016 02/13/16 For Sale $139,900 -- $28 / Sq Ft
Source: Heart of Kentucky Association 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 $752 $185,000 $0 $0
2023 $780 $185,000 $0 $0
2022 $569 $132,500 $0 $0
2021 $569 $132,500 $0 $0
2020 $585 $132,500 $0 $0
2019 $585 $132,500 $0 $0
2018 $579 $132,500 $0 $0
2017 $571 $132,500 $0 $0
2016 $354 $83,000 $0 $0
2015 $350 $83,000 $0 $0
2014 $349 $83,000 $0 $0
2012 -- $83,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heart of Kentucky Association of REALTORS®

MLS Number: HK10032964

Heart of Kentucky Association of REALTORS®

APN: C05-15-07