NOT LISTED FOR SALE

502 Meadowlawn Dr Franklin, KY 42134

Estimated Value: $254,192 - $274,000

3 Beds
2 Baths
1,838 Sq Ft
$144/Sq Ft Est. Value

Last Sold July 10, 2017

Last sale price $130,000 $71 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,499/month

48 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Brick Veneer
  • Detached Garage
  • Storm Windows
  • Patio

About This Home

As of July 2017

Economical spacious brick with 2 car detached garage and a 12x16 storage building in neat established subdivision convenient to all areas of Franklin. A front porch and rear patio to relax and enjoy quite neighborhood.

Last Agent to Sell the Property

Lynn Caudill

CB/The Advantage Realtor Group License #193374 Listed on: 04/07/2017

Last Buyer's Agent

Michelle Harding

CB/The Advantage Realtor Group License #203060

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • Lot Dimensions are 100x150
  • Landscaped

Home Design

  • Ranch Style House
  • Brick Veneer
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,838 Sq Ft Home
  • Shelving
  • Ceiling Fan
  • Window Treatments
  • Storage In Attic
  • Storm Windows

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Schools

  • Franklin Simpson Elementary And Middle School
  • Franklin Simpson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Westview Heights Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential/Farm
  • Type: Single Family
  • Style Of Home: Ranch
  • Estimated Above Ground Sq Ft: 1838
  • Estimated Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Interior Amenities: Attic Storage, Bookshelves, Ceiling Fan(s)
  • Floors: Carpet, Tile, Vinyl
  • Windows Treatments: All
  • Total Bedrooms: 3
  • Master Bedroom Dimensions: 11'11x11'11
  • Number of Full Bathrooms in the Basement: 0
  • Number of Lower Level Full Bathrooms: 0
  • Number of Main Level Full Bathrooms: 0
  • Total Bathrooms: 2
  • Number Partial Bathrooms in the basement: 0
  • Number of Lower Level Partial Bathrooms: 0
  • Number of Main Level Partial Bathrooms: 0
  • Full Bathrooms: 2
  • Utility Room Bsmt: 0
  • Lower Level Utility Room: 0
  • Upper Level Utility Room: 0
  • Kitchen: Built In Wall Oven, Disposal, Microwave, Range Electric, Refrigerator
  • Other 1 Description: Mud Room
  • Total Fin Living Sapce: 1838

Exterior Features

  • Construction: Brick/Brick Veneer
  • Roofing: Shingles
  • ExteriorFeatures: Concrete Walks, Landscaping, Patio, Porch, Storage Shed
  • Foundation: Block

Garage/Parking

  • Garage Carport: Garage Detached, Garage Door Opener

Utilities

  • Water: City, County
  • Water Heater: Natural Gas
  • Air Conditioner: Central Electric
  • Heating: Forced Air
  • Sewer: Sewer
  • Utility: Cable Available

Lot Info

  • Deed Book Page: 262/468
  • Lot Dimensions: 100x150

Tax Info

  • Tax Rate: City, County

MLS Schools

  • Elementary School: Franklin Simpson
  • Middle School: Franklin Simpson
  • High School: Franklin Simpson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
Jul 13, 2017
Sold by
Young Jennie L and Vaughn Jennie
Bought by
Rust James M and Rust Tonya G
Seller's Agent
Lynn Caudill
CB/The Advantage Realtor Group
Buyer's Agent
Michelle Harding
CB/The Advantage Realtor Group
List Price
$142,500
Sold Price
$130,000
Premium/Discount to List
-$12,500
-8.77%
Current Estimated Value
$265,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,298
Avg. Annual Appreciation
8.84%
Original Mortgage
$127,645
Outstanding Balance
$107,782
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$157,516
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rust James M $130,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rust James M $127,645
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2017 07/10/17 Sold $130,000 -8.8% $71 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $142,500 -- $78 / Sq Ft
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

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 $1,261 $142,500 $0 $0
2023 $1,327 $142,500 $0 $0
2022 $1,247 $142,500 $0 $0
2021 $1,237 $142,500 $0 $0
2020 $1,249 $142,500 $0 $0
2019 $1,161 $130,000 $0 $0
2018 $1,157 $130,000 $0 $0
2017 $765 $130,000 $0 $0
2016 $764 $125,500 $0 $0
2015 -- $112,000 $0 $0
2013 -- $112,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lynn Caudill

    CB/The Advantage Realtor Group

  • Michelle Harding

    Buyer's Agent in 2017

    Michelle Harding

    CB/The Advantage Realtor Group

    (270) 776-1103

    12 in this area

    13 Total Sales

    Michelle Harding
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Map

Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

MLS Number: RA20171223

Real Estate Information Services (REALTOR® Association of Southern Kentucky)

APN: 008-00-01-002.00

Kentucky Simpson County Franklin 42134

502 Meadowlawn Dr, Franklin, KY

Not Listed for Sale

Detached

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