NOT LISTED FOR SALE

502 Olive St Murray, KY 42071

Estimated Value: $193,000 - $217,000

3 Beds
2 Baths
1,386 Sq Ft
$146/Sq Ft Est. Value

Last Sold October 17, 2023

Last sale price $170,000 $123 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,212/month

3 Days on Market

Highlights

  • Covered Patio or Porch
  • Formal Dining Room
  • Storm Windows
  • Murray Elementary School Rated A
  • Wood Frame Window
  • Thermal Pane Windows

About This Home

As of October 2023

Charming "old Murray" home near downtown court square--locally owned restaurants, Farmer's Market, newly designed public library, and quiet enough to hear the peal of church bells. Remodeled with beautiful laminate flooring, stylish light fixtures, charming kitchen with newer appliances and amazing pantry, updated bathrooms and abundant closet space throughout. Old original door knobs and shiplap ceilings bring back the feel of the past. Mud room with tons of storage and access to multi-level deck and partially fenced yard. Enjoy swinging on the front porch surrounded by bird feeders and beautiful flowered landscaping. The perfect home for relaxing, entertaining, and relishing small town living! CONTRACT RECEIVED—PENDING INSPECTIONS!

Last Agent to Sell the Property

Gale Broach Sharp

Kopperud Realty License #211656 Listed on: 09/13/2023

Last Buyer's Agent

Nancy Nelson

Kopperud Realty License #286711

Home Details

Home Type

  • Single Family

Lot Details

  • 8,712 Sq Ft Lot
  • Landscaped with Trees

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,386 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Sheet Rock Walls or Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Thermal Pane Windows
  • Wood Frame Window
  • Living Room
  • Formal Dining Room
  • Laminate Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Bathroom
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 1 Carport Space
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

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
  • Estimated Size Bedroom 2: 14'4x11'4
  • Estimated Size Bedroom 3: 11'8x11'10
  • Deed Book Page: 1194/593
  • Estimated Dining Room Size: 13x11
  • Estimated Kitchen Size: 15x8
  • Laundry Location: Bathroom
  • Estimated Living Room Sq Ft: 13x15
  • Location2: In City Limits
  • Main Level Sq Ft: 1386
  • Estimated Primary Bedroom Size: 10'7x15'10
  • Master Bed Level: M
  • Style: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floor Covering: Laminate
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Ceiling Fan(s), Closet Light(s), Washer/Dryer Hookup, Circuit Breakers, Ceilings 9+ feet
  • Total Bathrooms: 2
  • Dining Kitchen: Formal Dining
  • Estimated Total Sq Ft: 1386
  • Attic: Pull-Down Stairs
  • Bedroom 2 Level: M
  • Bedroom 3 Level: M
  • Dining Room Level: M
  • Doors and Windows: Storm Doors, Storm Windows, Thermal Pane Windows, Wood Frame
  • Kitchen Level: M
  • Living Room Level: M
  • Full Bathrooms: 2
  • Number Of Bedrooms: 3
  • Walls: Dry Wall, Paneling

Exterior Features

  • Construction: Frame
  • Exterior Features: Covered Porch, Exterior Lights, Outbuildings, Patio, Paved Drive, Sidewalks, Trees
  • Exterior Finish: Vinyl Siding
  • Foundation: Concrete Block
  • Roof: Dimensional Shingle

Garage/Parking

  • Garage Type: Carport
  • Carport Capacity: 1

Utilities

  • Electric Company: Murray Electric
  • Cooling: Central Air
  • Gas Company: Murray Natl Gas
  • Heating: Forced Air, Natural Gas
  • Sewer: Public/Municipality
  • Utilities Available: Garbage - Public, Natural Gas Available
  • Water: Public/Municipality
  • Water Company: Murray Municipal
  • Water Heater: Electric

Lot Info

  • Estimated Number of Acres: 0.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Oct 17, 2023
Sold by
Payne Pearl Arada
Bought by
Martin Janet Marie
Seller's Agent
Gale Broach Sharp
Kopperud Realty
Buyer's Agent
Nancy Nelson
Kopperud Realty
List Price
$170,000
Sold Price
$170,000
Views
34
Current Estimated Value
$221,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,577
Avg. Annual Appreciation
8.06%

Purchase Details

Listed on
Jul 20, 2018
Closed on
Oct 25, 2018
Sold by
Alessi Ryan Thomas and Price Elizabeth Lee
Bought by
Payne Pearl Arada
Seller's Agent
Gale Broach Sharp
Kopperud Realty
Buyer's Agent
Kathy Kopperud
Kopperud Realty
List Price
$134,900
Sold Price
$124,900
Premium/Discount to List
-$10,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$210,000
Interest Rate
4.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 19, 2013
Sold by
Pittman Munke Peggy
Bought by
Alessi Ryan T and Price Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2013
Closed on
Feb 27, 2013
Sold by
Jpmorgan Chase Bank National Assn
Bought by
Pittman Munke Peggy
Seller's Agent
Tina Bogard Erwin
Elite Realty Branch Murray
Buyer's Agent
Patricia Cherry
Re/Max Real Estate Associates Murray
List Price
$56,000
Sold Price
$60,250
Premium/Discount to List
$4,250
7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%

Purchase Details

Closed on
Jul 31, 2009
Sold by
Griffith Kingins Carri and Kingings Michael R
Bought by
Whitney White Zahary R and Whitney Reddent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,985
Interest Rate
5.26%
Mortgage Type
New Conventional
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
Martin Janet Marie $170,000 None Listed On Document
Payne Pearl Arada $124,900 None Available
Alessi Ryan T $122,000 None Available
Pittman Munke Peggy $60,250 The Title & Escrow Co
Whitney White Zahary R $82,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payne Pearl Arada $210,000
Previous Owner Alessi Ryan T $88,000
Previous Owner Whitney White Zahary R $88,985
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2023 10/17/23 Sold $170,000 0.0% $123 / Sq Ft
09/13/2023 09/13/23 For Sale $170,000 +36.1% $123 / Sq Ft
10/30/2018 10/30/18 Sold $124,900 -7.4% $90 / Sq Ft View Prior Sale
07/20/2018 07/20/18 For Sale $134,900 +123.9% $97 / Sq Ft
02/28/2013 02/28/13 Sold $60,250 +7.6% $43 / Sq Ft View Prior Sale
02/21/2013 02/21/13 Pending -- -- --
01/31/2013 01/31/13 For Sale $56,000 -- $40 / 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 $630 $170,000 $0 $0
2024 $618 $170,000 $0 $0
2023 $309 $124,900 $0 $0
2022 $334 $124,900 $0 $0
2021 $341 $124,900 $0 $0
2020 $343 $124,900 $0 $0
2019 $312 $124,900 $0 $0
2018 $1,194 $122,000 $0 $0
2017 $440 $122,000 $0 $0
2016 $442 $122,000 $0 $0
2015 $278 $122,000 $0 $0
2011 $278 $82,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 123774

Western Kentucky Regional MLS

APN: 009-0-0006-00016