NOT LISTED FOR SALE

502 S 6th St Murray, KY 42071

Estimated Value: $208,000 - $235,040

Studio
-- Bath
1,960 Sq Ft
$113/Sq Ft Est. Value

Sale Details

Date Sold: December 21, 2022

Last sale price $175,000 $89 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,249 / mo

106 Days on Market

Highlights

  • Covered Patio or Porch
  • Wood Frame Window
  • Eat-In Kitchen
  • Murray Elementary School Rated A
  • Detached Garage
  • Storm Windows

About This Home

As of December 2022

INVESTMENT OPPORTUNITY! Located near the heart of Murray, KY this building has three 1 bedroom / 1 bath units that have been recently renovated with many upgrades to the interior and exterior. This is a great turnkey property for someone looking to get into rental investments or to add to their portfolio! all units have central heat/air with new mini splits, waterproof luxury vinyl flooring and updated lighting. The roof was replaced on the house this summer and the exterior was just repainted. If you're looking for an updated property with great cash-flow this might be for you! 48 HOUR SHOWING NOTICE REQUIRED FOR TENANTS

Last Agent to Sell the Property

Deric Tarnowski

Check Mark Realty License #271656 Listed on: 07/28/2022

Last Buyer's Agent

Lynda Houck

Greys Properties, LLC License #44882

Property Details

Home Type

  • Multi-Family

Lot Details

  • 21,780 Sq Ft Lot
  • Lot Dimensions are 105x200
  • Level Lot
  • Landscaped with Trees

Home Design

  • Triplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Masonite

Interior Spaces

  • 2-Story Property
  • Paneling
  • Ceiling Fan
  • Wood Frame Window
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Stove

Unfinished Basement

  • Sump Pump
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Air
  • Multiple Heating Units
  • Gas Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for lawn/water/sewer/trash

Property Details

Home Type

Multi-Family

Lot Details

0.5 Acres

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Access: Blacktop, Paved Road, Public Road
  • Deed Book Page: 1268/592
  • Land Use Topography: Level
  • Restrictions: Zoning
  • Style: 2 Story
  • Tv Cable: Cable Available, Cable Installed
  • Estimated Age: 30+
  • Restriction: Y
  • Stories: Two
  • Estimated Lot Dimensions: 105x200
  • Bedrooms Per Unit: One
  • Full Bathrooms Per Unit: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floor Covering: Vinyl/Linoleum
  • Interior Amenities: Closet Light(s), Ceiling Fan(s), Smoke Alarm, Sump Pump, Circuit Breakers
  • Basement: Sump Pump, Unfinished
  • Dining Kitchen: Eat-In Kitchen
  • Attic: Crawl Opening
  • Doors and Windows: Storm Doors, Storm Windows, Wood Frame
  • Walls: Paneling

Exterior Features

  • Construction: Frame
  • Exterior Features: Covered Porch, Exterior Lights, Gravel Drive, Sidewalks, Trees
  • Exterior Finish: Masonite
  • Foundation: Concrete Block, Crawl Space
  • Roof: Dimensional Shingle

Garage/Parking

  • Garage Type: Detached

Utilities

  • Electric Company: Murray Electric
  • Cooling: Central Air
  • Gas Company: Murray Natl Gas
  • Heating: Electric, Multiple Units
  • Sewer: Public/Municipality
  • Utilities Available: Garbage - Public, Natural Gas Available, Street Lights, DSL/High Speed Internet
  • Water: Y
  • Water Company: Murray Municipal
  • Water Heater: Electric
  • Electric: Y
  • Gas: Y
  • Water: Public/Municipality

Lot Info

  • Estimated Number of Acres: 0.5
  • Easements: Utility
  • Location: In City Limits

Rental Info

  • Tenant Pays: Electric
  • Owner Pays: Lawn/water/sewer/trash

Tax Info

  • Tax District: 01-City of Murray

Multi Family

  • Number Of Units: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Dec 20, 2022
Sold by
Bought by
Seller's Agent
Deric Tarnowski
Check Mark Realty
Buyer's Agent
Lynda Houck
Greys Properties, LLC
List Price
$190,000
Sold Price
$175,000
Premium/Discount to List
-$15,000
-7.89%
Views
117
Current Estimated Value
$220,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,760
Avg. Annual Appreciation
6.86%

Purchase Details

Closed on
Aug 6, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3%
Mortgage Type
Seller Take Back
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$175,000 --
$175,000 None Listed On Document
$55,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $45,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/21/2022 12/21/22 Sold $175,000 -7.9% $89 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
10/01/2022 10/01/22 For Sale $190,000 0.0% $97 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $190,000 -- $97 / Sq Ft
Source: Western Kentucky Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $708 $175,000 $0 $0
2024 $695 $175,000 $0 $0
2023 $285 $55,000 $0 $0
2022 $288 $55,000 $0 $0
2021 $232 $55,000 $0 $0
2020 $249 $60,000 $0 $0
2019 $218 $60,000 $0 $0
2018 $587 $60,000 $0 $0
2017 $217 $60,000 $0 $0
2016 $217 $60,000 $0 $0
2015 $202 $60,000 $0 $0
2011 $202 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 118529

Western Kentucky Regional MLS

APN: 007-0-0021-00005

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