NOT LISTED FOR SALE

505 Alexa Dr Mount Sterling, KY 40353

Estimated Value: $146,569 - $195,000

4 Beds
2 Baths
2,183 Sq Ft
$79/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $115,000 $53 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,025/month

2 Days on Market

About This Home

As of September 2021

Attention investors! 2 bed 1 bath duplex, with option to buy the matching duplex next door also! Good location, city utilities, and tenants already in place. Call today for more details

Last Agent to Sell the Property

Ryan Arnett

Lacy Gay Realty, LLC Listed on: 08/10/2021

Last Buyer's Agent

Keith Wilson

Coldwell Banker McMahan License #179247

Coldwell Banker McMahan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,167

Year Built

  • Built in 1977

Lot Details

  • 8,169 Sq Ft Lot

Home Design

  • 2,183 Sq Ft Home
  • Duplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Montgomery Co High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 23M-20-07-009.00

Community Details

Overview

  • 2 Units
  • Downtown Subdivision

Building Details

  • Gross Income $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,167

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex
  • Year Built: 1977
  • New Construction: No
  • Roof:Shingle: Yes
  • Cooling:Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 2183.0
  • Lot Size Area: 0.19
  • Total Stories: 2

Exterior Features

  • Roof: Shingle
  • List Price: 125000.0

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Heating: Baseboard
  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Yes
  • Heating:Baseboard: Yes

Schools

  • High School: Montgomery Co

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8169.0
  • Parcel Number: 23M-20-07-009.00
  • Zoning Description: R-2

Multi Family

  • Number of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Nov 19, 2021
Sold by
Crowe Timohy R and Crowe Danyelle E
Bought by
Pirate Town Llc
Seller's Agent
Ryan Arnett
Lacy Gay Realty, LLC
Buyer's Agent
Keith Wilson
Coldwell Banker McMahan
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Current Estimated Value
$171,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,642
Avg. Annual Appreciation
10.76%
Original Mortgage
$213,246
Outstanding Balance
$174,818
Interest Rate
0.21%
Mortgage Type
Construction
Estimated Equity
-$3,176

Purchase Details

Closed on
Dec 2, 2017
Sold by
Skidmore William B
Bought by
Martin Jerry Dale and Hiler Norean Hatton

Purchase Details

Closed on
Dec 1, 1980
Bought by
Skidmore William B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pirate Town Llc $235,000 Attorney Only
Martin Jerry Dale $75,000 --
Skidmore William B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pirate Town Llc $213,246
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $115,000 -8.0% $53 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $125,000 -- $57 / Sq Ft
Source: ImagineMLS (Bluegrass 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 $1,167 $117,500 $0 $0
2023 $1,152 $117,500 $0 $0
2022 $1,153 $117,500 $0 $0
2021 $840 $85,000 $0 $0
2020 $842 $85,000 $0 $0
2019 $746 $75,000 $0 $0
2018 -- $75,000 $15,000 $60,000
2017 -- $72,000 $15,000 $57,000
2016 -- $72,000 $15,000 $57,000
2015 -- $72,000 $15,000 $57,000
2014 -- $72,000 $15,000 $57,000
2012 -- $72,000 $15,000 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20116468

ImagineMLS (Bluegrass REALTORS®)

APN: 23M-20-07-009.00