NOT LISTED FOR SALE

505 W 3rd St Corbin, KY 40701

Estimated Value: $155,000 - $186,370

3 Beds
1.5 Baths
1,444 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $143,750 $100 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $999/month

27 Days on Market

Highlights

  • In Ground Pool
  • Craftsman Architecture
  • No HOA
  • Corbin Elementary School Rated A
  • Wood Flooring
  • Neighborhood Views

About This Home

As of August 2022

Looking for downtown living, this is the one. Beautiful craftsman brick home situated on a corner lot in the city limits is a must see. This home features a complete private fenced in yard with an inground pool to enjoy those summer evenings. Also offering a spacious living room, dining room, kitchen and 3 bedrooms and 1 and half bath.

Last Listed By

Michelle Fairhurst

Revolution Realty, LLC License #290244 Listed on: 07/19/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $546

Year Built

  • 1935

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence
  • Wire Fence

Home Design

  • Craftsman Architecture
  • Brick Veneer
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,444 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Neighborhood Views

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • Detached Garage
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Pool

Schools

  • Corbin Elementary School
  • Corbin Middle School
  • Corbin High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • City Limits Subdivision

Listing and Financial Details

  • Assessor Parcel Number 137-20-30-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$546

Year Built

1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Craftsman
  • Structure Type: House
  • Year Built (Public Record): 9999
  • Levels: One
  • New Construction: No
  • ResoPropertyType: Residential
  • Basement: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Partial, Unfinished, Walk-Out Access
  • Total Bedrooms: 3
  • Lot Size Area: 0.2
  • Basement:Unfinished2: Yes
  • Fireplace Features:Fireplace YN: Yes
  • Appliances Dishwasher: Yes
  • Basement:Partial: Yes
  • Appliances:Oven: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Construction Materials: Brick Veneer
  • Fencing: Wood
  • List Price: 159000.0
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Neighborhood
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: Yes
  • Parking Features: Driveway, Detached
  • Garage Features:Garage YN: Yes
  • Parking Features:Driveway: Yes
  • Garage Features:Detached: Yes

Utilities

  • Heating: Electric, Natural Gas
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public
  • Heating:Electric: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Corbin Elementary
  • High School: Corbin
  • Middle or Junior School: Corbin

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.0
  • Parcel Number: 137-20-30-001
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Aug 31, 2022
Sold by
Hagan Thomas O and Hagan Melinda J
Bought by
Millard Gary Layton and Millard Valerie Jeanne
Seller's Agent
Michelle Fairhurst
Revolution Realty, LLC
Buyer's Agent
S Katie Bales
RE/MAX On Main, Inc
List Price
$159,000
Sold Price
$143,750
Premium/Discount to List
-$15,250
-9.59%
Total Days on Market
27
Views
42
Current Estimated Value
$171,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,093
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Feb 5, 2014
Bought by
Hagan Thomas O

Purchase Details

Closed on
Oct 17, 2013
Sold by
Johnson Earl A and Johnson Rebecca
Bought by
Jpmorgan Chase Bank Na

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
Millard Gary Layton $143,750 --
Hagan Thomas O $74,500 --
Jpmorgan Chase Bank Na $48,334 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $143,750 -9.6% $100 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $159,000 0.0% $110 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/24/2022 07/24/22 Price Changed $159,000 -3.6% $110 / Sq Ft
07/19/2022 07/19/22 For Sale $165,000 -- $114 / 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 $546 $166,000 $0 $0
2023 $559 $166,000 $0 $0
2022 $325 $95,000 $0 $0
2021 $336 $95,000 $95,000 $0
2020 $341 $95,000 $95,000 $0
2019 $341 $95,000 $95,000 $0
2018 $341 $95,000 $95,000 $0
2017 $341 $95,000 $95,000 $0
2016 $340 $95,000 $95,000 $0
2015 $341 $95,000 $95,000 $0
2014 $341 $95,000 $0 $0
Source: Public Records

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Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22016013

ImagineMLS (Bluegrass REALTORS®)

APN: 137-20-30-001.00