NOT LISTED FOR SALE

503 Big Mud Lick Rd Inez, KY 41224

Estimated Value: $54,413 - $133,000

1 Bed
1 Bath
1,400 Sq Ft
$63/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $45,000 $32 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $532/month

44 Days on Market

Highlights

  • 45 Acre Lot
  • 2 Car Attached Garage
  • 1-Story Property
  • Covered Patio or Porch
  • Outdoor Storage

About This Home

As of November 2022

Situated in a secluded area, this "fixer upper", that includes 45 acres, is priced to sell! Structure appears to be sound. House needs cleanup and cosmetic work. Would make a great rental property, or a place to just get away from it all. Property being sold in "as is" condition, no warranty implied or expressed. Seller does not know boundary lines.

Last Agent to Sell the Property

Rita Fitch

Realty One USA, INC License #252377 Listed on: 09/02/2022

Realty One USA, INC

Last Buyer's Agent

Rita Fitch

Realty One USA, INC License #252377 Listed on: 09/02/2022

Realty One USA, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $651

Year Built

  • Built in 1982

Lot Details

  • 45

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Inez Elementary School
  • Martin County Middle School
  • Martin County High School

Additional Features

  • 45 Acre Lot
  • No Cooling

Home Details

Home Type

Single Family

Est. Annual Taxes

$651

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 45
  • Subdivision Name: None
  • Directions: From US 23, take Hwy. 645 toward Inez, travel approximately 10 miles, turn left onto 40 at the flashing caution lights, travel approximately 3 miles, turn left onto 908, travel 908 for approximately 4 miles, turn right onto Big Mudlick Road. Follow Big Mudlick Road until blacktop ends at the top of the hill. House is on the left.
  • Above Grade Finished Sq Ft: 1400
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Building Stories: 1
  • Year Built: 1982
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Subfloor Only, Laminate
  • Interior Amenities: None
  • Living Area: 1400
  • Window Features: Single Pane

Exterior Features

  • Disclosures: Sellers Disclosure
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • Patio And Porch Features: Front Covered
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached, 2 Car Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: See Remarks
  • Sewer: See Agent Comments
  • Utilities: Water Available

Schools

  • Elementary School: Inez
  • High School: Martin County High School
  • Middle Or Junior School: Martin County

Lot Info

  • Lot Size Sq Ft: 1960200
  • Zoning: None
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Nov 9, 2022
Sold by
Inez Deposit Bank
Bought by
Cox James Clarence
Seller's Agent
Rita Fitch
Realty One USA, INC
Buyer's Agent
Rita Fitch
Realty One USA, INC
List Price
$35,000
Sold Price
$45,000
Premium/Discount to List
$10,000
28.57%
Current Estimated Value
$87,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,603
Avg. Annual Appreciation
31.69%

Purchase Details

Closed on
May 11, 2022
Sold by
Brian Cumbo
Bought by
First State Bank
Source: Public Records

Range of Values:

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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
Cox James Clarence $25,000 --
First State Bank $20,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $45,000 +28.6% $32 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $35,000 -- $25 / Sq Ft
Source: Eastern 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 $651 $40,000 $10,000 $30,000
2023 $646 $40,000 $10,000 $30,000
2022 $647 $40,000 $10,000 $30,000
2021 $631 $40,000 $10,000 $30,000
2020 $618 $30,000 $0 $30,000
2019 $618 $30,000 $0 $30,000
2018 $613 $40,000 $10,000 $30,000
2017 $613 $40,000 $10,000 $30,000
2016 $602 $40,000 $10,000 $30,000
2014 -- $40,000 $0 $40,000
2013 -- $40,000 $0 $40,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rita Fitch

    Realty One USA, INC

    (606) 624-5215

    34 Total Sales

    Rita Fitch
    Section Image
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Map

Source: Eastern Kentucky Association of REALTORS®

MLS Number: 117553

APN: 036-00-00-034.01

Kentucky Martin County Inez 41224

503 Big Mud Lick Rd, Inez, KY

This home is located at 503 Big Mud Lick Rd, Inez, KY 41224 since 02 September 2022 and is currently estimated at $87,603, approximately $62 per square foot. This property was built in 1982. 503 Big Mud Lick Rd is a home located in Martin County with nearby schools including Sheldon Clark High School.

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