NOT LISTED FOR SALE

505 Olive St Murray, KY 42071

Estimated Value: $109,000 - $175,000

2 Beds
1 Bath
892 Sq Ft
$148/Sq Ft Est. Value

Last Sold July 11, 2016

Last sale price $65,000 $73 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $716/month

202 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Workshop
  • Murray Elementary School Rated A
  • Covered Patio or Porch
  • Formal Dining Room

About This Home

As of July 2016

Vintage home located on Olive Street. New plumbing in 2012, electrical 2012, central heat and air 2012, painted exterior 2013 and remodeled bathroom 2012. Laundry/utility room added 2014 with exterior access. Spacious laundry room with tiled floors, windows. This addition enhanced the home after Seller purchased. Hardwood floors and beautiful vintage French doors opening to formal dining room. Home is located in historic district. Just add a porch swing and enjoy the atmosphere of a stately neighborhood.

Last Agent to Sell the Property

Patricia Cherry

Re/Max Real Estate Associates Murray License #207328 Listed on: 11/09/2015

Re/Max Real Estate Associates Murray

Last Buyer's Agent

Lindy Knight

Elite Realty Branch Murray License #208090

Home Details

Home Type

  • Single Family

Lot Details

  • 6,970 Sq Ft Lot
  • Landscaped with Trees

Parking

  • Gravel Driveway

Home Design

  • Composition Shingle Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 892 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Utility Room
  • Washer and Dryer Hookup

Basement

  • Walk-Out Basement
  • Basement Cellar

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outbuilding

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Access: Paved Road
  • Estimated Age: 30+
  • Estimated Sq Ft: <1000
  • Deed Book Page: 983/165
  • Fireplace Wood Stove: Family Room
  • Laundry Location: Utility Room
  • Location2: In City Limits
  • Main Level Sq Ft: 892
  • Restrictions: Zoning
  • Style: 1 Story
  • Tv Cable: Cable Available
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floor Covering: Tile, Wood
  • Appliances: Refrigerator, Stove
  • Interior Amenities: Ceiling Fan(s), Washer/Dryer Hookup, Workshop, Circuit Breakers
  • Basement: Cellar, Exterior Entrance
  • Dining Kitchen: Formal Dining
  • Estimated Total Sq Ft: 892
  • Full Bathrooms: 1
  • Number Of Bedrooms: 2

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Covered Porch, Exterior Lights, Gravel Drive, Outbuildings, Sidewalks, Trees
  • Exterior Finish: Wood
  • Roof: Composition Shingle

Utilities

  • Electric Company: Murray Electric
  • Cooling: Central Air
  • Gas Company: Murray Natl Gas
  • Heating: 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: 0.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2015
Closed on
Jul 11, 2016
Sold by
Parks Vicki H and Parks Brady S
Bought by
Hilkey Shannon A
Seller's Agent
Patricia Cherry
Re/Max Real Estate Associates Murray
Buyer's Agent
Lindy Knight
Elite Realty Branch Murray
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%
Current Estimated Value
$131,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,895
Avg. Annual Appreciation
7.72%
Original Mortgage
$61,750
Outstanding Balance
$48,992
Interest Rate
3.64%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$82,903

Purchase Details

Listed on
Feb 27, 2013
Closed on
Aug 15, 2013
Sold by
Pitman Laura A and Pitman Michael M
Bought by
Parks Vicki H and Parks Brady S
Seller's Agent
Richard Rollins
Kopperud Realty
Buyer's Agent
Patricia Cherry
Re/Max Real Estate Associates Murray
List Price
$75,000
Sold Price
$62,000
Premium/Discount to List
-$13,000
-17.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.64%
Original Mortgage
$49,600
Interest Rate
4.48%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hilkey Shannon A $65,000 None Available
Parks Vicki H $62,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilkey Shannon A $61,750
Previous Owner Parks Vicki H $49,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2016 07/11/16 Sold $65,000 -13.2% $73 / Sq Ft
05/29/2016 05/29/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $74,900 +20.8% $84 / Sq Ft
08/15/2013 08/15/13 Sold $62,000 -17.3% $71 / Sq Ft View Prior Sale
07/11/2013 07/11/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $75,000 -- $86 / 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 $312 $80,000 $0 $0
2024 $306 $80,000 $0 $0
2023 $314 $80,000 $0 $0
2022 $318 $80,000 $0 $0
2021 $324 $80,000 $0 $0
2020 $267 $65,000 $0 $0
2019 $237 $65,000 $0 $0
2018 $636 $65,000 $0 $0
2017 $235 $65,000 $0 $0
2016 $224 $62,000 $0 $0
2015 $84 $62,000 $0 $0
2011 $84 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 84561

Western Kentucky Regional MLS

APN: 009-0-0007-00002