$505,000
SOLD OCT 10, 2025

507 Forest Hills Dr Morehead, KY 40351

Morehead Area
5 Beds
4.5 Baths
5,479 Sq Ft
1 Acre Lot

Sale Details

Date Sold: October 10, 2025

$92 Per Sq Ft

5% Below List Price

7 Days on Market

Highlights

  • 1 Acre Lot
  • 1.5-Story Property
  • Main Floor Primary Bedroom
  • Deck
  • Wood Flooring
  • Bonus Room

About This Home

As of October 2025

Timeless and spacious, this large brick ranch with a walkout basement in coveted Forest Hills offers exceptional flexibility for multigenerational or multi-family living. The main level features 4 bedrooms and 3.5 baths, a kitchen with gorgeous cabinetry, formal living and dining rooms, a glass-walled office, and a fireside family room with a gas-log fireplace. Two oversized bedrooms share a Jack-and-Jill bath; the others enjoy private en-suites. Every bedroom boasts huge closets, with abundant storage throughout. The second floor—currently used for storage—presents options for a playroom, studio, or future expansion. The walkout lower level functions as an in-law or guest suite with a bedroom, full bath, full kitchen with laundry hookups, family room, and a massive workshop. An enclosed breezeway connects the home to a 3-car garage. Set on 1 acre, outdoor living includes a large deck overlooking a flat backyard and a covered patio beneath. Pre-listing inspection completed; report available with an accepted offer.

Last Agent to Sell the Property

Shannon Malone

HomeLand Real Estate Inc License #262698 Listed on: 08/27/2025

Last Buyer's Agent

Skyler Lewis

Dream Maker Realty, LLC License #281262

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 1 Acre Lot

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • 1.5-Story Property
  • Brick Veneer
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Utility Room
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Attic

  • Attic Floors
  • Storage In Attic
  • Pull Down Stairs to Attic

Finished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Interior Basement Entry
  • Stubbed For A Bathroom

Outdoor Features

  • Deck
  • Patio

Schools

  • Mcbrayer Elementary School
  • Rowan Co Middle School
  • Rowan Co High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Forest Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045-00 00 020.00

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

1 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 1996
  • Above Grade Finished Sq Ft: 3915.0
  • Levels: One and One Half
  • New Construction: No
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Architectural Style:Ranch: Yes
  • Appliances Refrigerators: Yes
  • Foundation Details:Slab: Yes
  • Roof:Shingle: Yes
  • Percent Basement Finished: Yes
  • Lot: Lot Size Acres: 1.0
  • Lot: Lot Size Square Feet: 43560.0
  • Tax Legal: Elementary School: McBrayer
  • Tax Legal: Middle Or Junior School: Rowan Co
  • Tax Legal: High School: Rowan Co
  • Levels: One and One Half: Yes
  • Patio And Porch Features: Patio: Yes
  • Other Sold Info: New Construction YN: No
  • Cooling: Electric: Yes
  • Cooling: Heat Pump: Yes
  • Patio And Porch Features: Deck: Yes
  • Lot: View YN: Yes
  • Building: Accessibility Features YN: No
  • Lot: Water Body Access YN: No
  • Lot: Horse YN: No
  • AssociationCommunity: Association YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), In-Law Floorplan, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Basement: Bath/Stubbed, Concrete, Finished, Interior Entry, Walk-Out Access, Walk-Up Access
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1564.0
  • Fireplace Features: Family Room, Gas Log
  • Fireplace: Yes
  • LivingArea: 5479.0
  • Lot Size Area: 1.0
  • Basement:BathStubbed: Yes
  • Basement:Concrete: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Walk-Up Access: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Interior Entry: Yes
  • Interior: Basement YN: Yes
  • Interior: Fireplace YN: Yes
  • Attic Features: Storage Only: Yes
  • Interior Features: Ceiling Fan(s): Yes
  • Interior Features: Primary Downstairs: Yes
  • Fireplace Features: Family Room: Yes
  • Attic Features: Pull-Down Stairs: Yes
  • Attic Features: Floored: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Brick Veneer
  • Foundation Details: Slab
  • Horse: No
  • List Price: 530000.0
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • View: Neighborhood
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Lot: Waterfront YN: No
  • Lot: Pool Private YN: No

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Attached Garage, Driveway, Garage Door Opener, Garage Faces Front
  • Parking Features:Driveway: Yes
  • Parking Information: Garage YN: Yes
  • Parking Information: Garage Spaces: 3.0
  • Parking Features: Attached Garage: Yes
  • Parking Information: Carport YN: No
  • Parking Features: Garage Faces Front: Yes
  • Parking Features: Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Cooling: Electric, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Utilities: Cooling YN: Yes
  • Utilities: Heating YN: Yes
  • Heating: Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: McBrayer
  • High School: Rowan Co
  • Middle or Junior School: Rowan Co

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Sq Ft: 43560.0
  • Parcel Number: 045-00 00 020.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2025
Closed on
Oct 10, 2025
Sold by
Bought by
Seller's Agent
Shannon Malone
HomeLand Real Estate Inc
Buyer's Agent
Skyler Lewis
Dream Maker Realty, LLC
List Price
$530,000
Sold Price
$505,000
Premium/Discount to List
-$25,000
-4.72%
Views
29
Current Estimated Value
$532,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,073
Avg. Annual Appreciation
6.19%
Original Mortgage
$404,000
Outstanding Balance
$401,056
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$131,017

Purchase Details

Closed on
Feb 8, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 5, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Morehead, KY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $505,000 Bluegrass Land Title
Deed -- --
Deed -- None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $404,000 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 Sold $505,000 -4.7% $92 / Sq Ft
09/03/2025 09/03/25 Pending -- -- --
08/27/2025 08/27/25 For Sale $530,000 -- $97 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,601 $359,900 $32,000 $327,900
2024 $2,547 $345,000 $20,000 $325,000
2023 $2,545 $345,000 $20,000 $325,000
2022 $2,631 $345,000 $20,000 $325,000
2021 $2,698 $345,000 $20,000 $325,000
2020 $2,757 $345,000 $0 $345,000
2019 $2,788 $345,000 $0 $345,000
2018 $2,791 $345,000 $0 $345,000
2017 -- $345,000 $0 $345,000
2016 -- $345,000 $0 $345,000
2014 $2,628 $345,000 $0 $0
2013 $2,628 $345,000 $0 $0
Source: Public Records

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25018536

ImagineMLS (Bluegrass REALTORS®)

APN: 045-00-00-020.00

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