NOT LISTED FOR SALE

503 Meadow Ln Murray, KY 42071

Estimated Value: $220,000 - $285,595

5 Beds
3 Baths
2,489 Sq Ft
$106/Sq Ft Est. Value

Last Sold May 04, 2017

Last sale price $125,000 $50 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,490/month

160 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Murray Elementary School Rated A
  • Fenced Yard
  • Laundry in Utility Room

About This Home

As of May 2017

Room to grow! With 5 bedrooms, 3 baths, 2 kitchens, 2 living areas, an oversized 2-car garage, and permanent stairs leading to the expansive floored attic space, you'll never feel crowded again! The innovative floorplan includes an attached 1BR/1BA in-law suite that can also be used as a single-family rental unit. Located near shopping, schools and medical care, this is a must-see property!

Last Agent to Sell the Property

Becky Spann

Elite Realty Branch Murray License #217794 Listed on: 10/26/2016

Last Buyer's Agent

Karla Tucker

Greys Properties, LLC License #73292

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $722

Year Built

  • Built in 1970

Lot Details

  • 0.49 Acre Lot
  • Fenced Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Composition Shingle Roof

Interior Spaces

  • 2,489 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Utility Room
  • Laundry in Utility Room
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Attic

  • Attic Floors
  • Permanent Attic Stairs

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$722

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Access: Public Road
  • Estimated Age: 30+
  • Estimated Year Built: 1970
  • Estimated Sq Ft: 2251-2500
  • Estimated Size Bedroom 2: 15'5x10'7
  • Estimated Size Bedroom 3: 11'1x9'9
  • Estimated Size Bedroom 4: 10'10x10'7
  • Deed Book Page: 348/603
  • Fireplace Wood Stove: Fireplace, Living Room
  • Estimated Kitchen Size: 12'5x10'11
  • Laundry Location: Utility Room
  • Estimated Living Room Sq Ft: 24'7x13'5
  • Location2: In City Limits
  • Main Level Sq Ft: 2489
  • Estimated Primary Bedroom Size: 13'6x11'2
  • Master Bed Level: M
  • Estimated Utility Size: 8'4x5'5
  • Utility Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Floor Covering: Laminate, Tile, Vinyl/Linoleum, Wood
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove
  • Interior Amenities: Ceiling Fan(s), Circuit Breakers
  • Price Per Sq Ft: 50.22
  • Dining Kitchen: Living/Dining
  • Estimated Total Sq Ft: 2489
  • Attic: Floored, Permanent Stairs
  • Bedroom 2 Level: M
  • Bedroom 3 Level: M
  • Bedroom 4 Level: M
  • Kitchen Level: M
  • Living Room Level: M
  • Full Bathrooms: 3
  • Number Of Bedrooms: 5

Exterior Features

  • Construction: Frame
  • Exterior Features: Fenced Yard
  • Foundation: Crawl Space
  • Roof: Composition Shingle

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • Elementary School: Calloway/Murray-VERIFY
  • Middle School: Calloway/Murray-VERIFY
  • High School: Calloway/Murray-VERIFY

Lot Info

  • Lot Number: 17
  • Estimated Number of Acres: 0.49

Tax Info

  • Tax District: 01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2016
Closed on
May 4, 2017
Sold by
Schmeckpeper Eric John and Maclin Schmeckpeper Debbie
Bought by
Collier James S and Collier Layla K
Seller's Agent
Becky Spann
Elite Realty Branch Murray
Buyer's Agent
Karla Tucker
Greys Properties, LLC
List Price
$149,500
Sold Price
$125,000
Premium/Discount to List
-$24,500
-16.39%
Current Estimated Value
$264,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,399
Avg. Annual Appreciation
9.39%
Original Mortgage
$21,500
Interest Rate
4.02%
Mortgage Type
Credit Line Revolving
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
Collier James S $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collier Layla Michele Kelly $300,000
Closed Collier James S $155,000
Closed Collier James Stephen $21,500
Closed Collier James S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2017 05/04/17 Sold $125,000 -16.4% $50 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
10/26/2016 10/26/16 For Sale $149,500 -- $60 / 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
2024 $722 $200,000 $0 $0
2023 $491 $130,000 $0 $0
2022 $498 $130,000 $0 $0
2021 $464 $118,000 $0 $0
2020 $461 $118,000 $0 $0
2019 $429 $118,000 $0 $0
2018 $1,155 $118,000 $0 $0
2017 $397 $110,000 $0 $0
2016 $398 $110,000 $0 $0
2015 $354 $110,000 $0 $0
2011 $354 $105,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 89398

Western Kentucky Regional MLS

APN: 005-0-0011-0001A