NOT LISTED FOR SALE

512 S 8th St Murray, KY 42071

Estimated Value: $102,000 - $141,000

0.53 Acre
$222,500 Price per Acre
23,087 Sq Ft Lot

Last Sold October 01, 2021

Last sale price $175,000 $210 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $645/month

Highlights

  • Commercial or Retail Space
  • High Speed Internet
  • Level Lot
  • Murray Elementary School Rated A

About This Lot

As of October 2021

One time listing.

Last Agent to Sell the Property

Ryan Stanger

SBG Real Property Professionals License #215721 Listed on: 10/01/2021

Last Buyer's Agent

Ryan Stanger

SBG Real Property Professionals License #215721 Listed on: 10/01/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $324

Lot Details

  • 0.53 Acre Lot
  • Level Lot

Home Design

  • Commercial or Retail Space

Utilities

  • High Speed Internet
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$324

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: Commercial
  • Access: Paved Road, Public Road
  • Deed Book Page: 1284/503
  • Land Use Topography: Level
  • Restrictions: Zoning
  • Tv Cable: Cable Available
  • Restricted: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Electric Company: Murray Electric
  • Gas Company: Murray Natl Gas
  • Sewer: Public/Municipality
  • Utilities Available: DSL/High Speed Internet, Garbage - Public, Natural Gas Available, Street Lights
  • Water: Public/Municipality
  • Water Company: Murray Municipal

Lot Info

  • Estimated Number of Acres: 0.53
  • Location: In City Limits
  • Acreage: A - Under 1 acre

Tax Info

  • Tax District: City - 01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Sep 8, 2020
Sold by
Rowland Benjamin and Rowland Ashley Brooke
Bought by
Kimbler Jacob and Kimbler Mallory
Seller's Agent
Gale Broach Sharp
Kopperud Realty
Buyer's Agent
Ronnie Sadler
Barkley Lake Homes Realty
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$117,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,925
Avg. Annual Appreciation
6.58%
Original Mortgage
$86,955
Outstanding Balance
$77,167
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$40,758

Purchase Details

Closed on
Dec 13, 2012
Sold by
Swanner Amanda Kay and Swanner Amanda
Bought by
Rowland Benjamin

Purchase Details

Closed on
Aug 24, 2009
Sold by
Dempsey Bobby J and Dempsey Nicholas Q
Bought by
Rowland Benjamin and Rowland Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,387
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2006
Sold by
Schrock Peggy E
Bought by
Dempsey Bobby J and Dempsey Jeanine Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,600
Interest Rate
6.6%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Kimbler Jacob $85,000 None Available
Rowland Benjamin -- None Available
Rowland Benjamin $68,000 None Available
Dempsey Bobby J $57,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimbler Jacob $86,955
Previous Owner Rowland Benjamin $69,387
Previous Owner Dempsey Bobby J $62,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2021 10/01/21 Sold $175,000 0.0% $210 / Sq Ft
10/01/2021 10/01/21 For Sale $175,000 +105.9% $210 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
09/08/2020 09/08/20 Sold $85,000 0.0% $102 / Sq Ft View Prior Sale
07/10/2020 07/10/20 For Sale $85,000 -- $102 / 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 $324 $85,000 $0 $0
2023 $332 $85,000 $0 $0
2022 $336 $85,000 $0 $0
2021 $343 $85,000 $0 $0
2020 $278 $68,000 $0 $0
2019 $247 $68,000 $0 $0
2018 $666 $68,000 $0 $0
2017 $245 $68,000 $0 $0
2016 $246 $68,000 $0 $0
2015 $229 $68,000 $0 $0
2011 $229 $68,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 114619

Western Kentucky Regional MLS

APN: 008-0-0009-00010