NOT LISTED FOR SALE

501 Pine St Murray, KY 42071

Estimated Value: $87,000 - $102,000

2 Beds
1 Bath
1,260 Sq Ft
$75/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $74,060 $59 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $509/month

48 Days on Market

About This Home

As of February 2024

Older cottage style home in the heart of downtown Murray, Ky. 2 bedroom, 1 bath downstairs, upstairs is currently being used as main bedroom. Property has been investment/rental property for many years. Close to restaurants, shopping, MSU campus, etc. Tenant occupied, 48 hour notice required to view.

Last Agent to Sell the Property

Cecil Wolberton, Jr.

Re/Max Real Estate Associates Murray License #244568 Listed on: 12/01/2023

Last Buyer's Agent

Gloria Arrieta

Markethouse Realty, PLLC License #284686

Home Details

Home Type

  • Single Family

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 58 x 190

Home Design

  • 1,260 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Estimated Age: 76-100
  • Estimated Sq Ft: 1251-1500
  • Deed Book Page: 342/607
  • Main Level Sq Ft: 840
  • Upper Level Sq Ft: 420
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1
  • Estimated Total Sq Ft: 1260
  • Full Bathrooms: 1
  • Number Of Bedrooms: 2

Utilities

  • Electric Company: Murray Electric
  • Cooling: Window Unit(s)
  • Gas Company: Murray Natl Gas
  • Heating: Natural Gas
  • Sewer: Public/Municipality
  • Water: Public/Municipality
  • Water Company: Murray Municipal

Lot Info

  • Estimated Lot Size: 58 X 190
  • Estimated Number of Acres: 0.29
  • Location: City Annex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Feb 20, 2024
Sold by
Jourden Douglas Gene
Bought by
Thomas Craig Ritz And Kathleen Ann Ritz Livin and Ritz
Seller's Agent
Cecil Wolberton, Jr.
Re/Max Real Estate Associates Murray
Buyer's Agent
Gloria Arrieta
Markethouse Realty, PLLC
List Price
$89,000
Sold Price
$74,060
Premium/Discount to List
-$14,940
-16.79%
Views
182
Current Estimated Value
$94,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,227
Avg. Annual Appreciation
14.02%
Original Mortgage
$59,248
Outstanding Balance
$58,037
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$36,250
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thomas Craig Ritz And Kathleen Ann Ritz Livin $74,060 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Craig Ritz And Kathleen Ann Ritz Livin $59,248
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2024 02/21/24 Sold $74,060 -16.8% $59 / Sq Ft
12/01/2023 12/01/23 For Sale $89,000 -- $71 / 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
2025 $171 $40,000 $0 $0
2024 $133 $30,000 $0 $0
2023 $136 $30,000 $0 $0
2022 $138 $30,000 $0 $0
2021 $140 $30,000 $0 $0
2020 $140 $30,000 $0 $0
2019 $109 $30,000 $0 $0
2018 $294 $30,000 $0 $0
2017 $108 $30,000 $0 $0
2016 $109 $30,000 $0 $0
2015 $101 $30,000 $0 $0
2011 $101 $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 124750

Western Kentucky Regional MLS

APN: 009-0-0006-00004