537 Paulette Way Ln Falls of Rough, KY 40119
2
Beds
2
Baths
1,536
Sq Ft
0.35
Acres
Highlights
- Deck
- Screened Porch
- Forced Air Heating and Cooling System
About This Home
As of December 2021This waterfront home has 1536SF of total living space & feels like a 4 bedroom lake house having the extra 2 private rooms that currently pose as bedrooms! It sits in the middle of 2 lots that offer more than 130' of water frontage & nice buffers between you & your neighbors, especially during the full foliage season.
Facing this charming lake house from the road, the main entrance is found on the left side as well as a door to the screened-in porch. Choose to go up just a few steps to the first floor or downstairs to the finished walkout basement. On the main floor you'll find two bedrooms, a full bathroom, a bright eat-in kitchen & living area. Windows surround the sliding glass door off the dining area which invites you to the large screened-in porch. This outdoor living space is sup convenient for grilling out with room for an extra dining table & an area to sit & enjoy the scenery. Even more of a lake view may be possible should you choose to limb up or remove the trees that are still above the redline.
Downstairs you'll find those 2 private sleeping rooms, another full bath, a good sized storage closet & a laundry closet. Also on this level is an open space ideal for a game table, hangout for the kids or another living area. Simply add a sleeper sofa or futon & you can easily accommodate even more of your overnight guests. Walk out to the covered patio where you'll find more pretty views, your steps to the dock & more outdoor living space, some of which is uncovered where you can enjoy lounging in the sun.
Follow the stairs from the lower level of the house which connects to the newly built access just below the redline & you'll find yourself at the dock. Currently, the dock sits in the middle of the string which is shared by only 2 other docks.
Appliances included and most furnishings are negotiable making this property a potential turnkey opportunity. Community is lightly restricted with an organized HOA. Annual HOA dues are $100 per lot (at time of listing). The circle driveway & gravel area near the road provides plenty of parking! Contact the listing agent today for a tour of this charming lakefront property and make it yours before it's too late!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,664
Year Built
- Built in 1997
Parking
- Driveway
Home Design
- Poured Concrete
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Screened Porch
- Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Septic Tank
Community Details
- Property has a Home Owners Association
- Bentwood Subdivision
Listing and Financial Details
- Tax Lot 355-356
- Assessor Parcel Number BW 355 & BW 356
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 23, 2021
Closed on
Dec 18, 2021
Sold by
King Troy William and Shain King Stephanie
Bought by
Mattingly Thomas Wayne and Mattingly Doris
Seller's Agent
Heather Keith
Red Edge Realty
Buyer's Agent
Kari Jones
Greater Rough River Realty Group
List Price
$329,900
Sold Price
$297,000
Premium/Discount to List
-$32,900
-9.97%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,750
Avg. Annual Appreciation
3.36%
Original Mortgage
$135,000
Outstanding Balance
$95,449
Interest Rate
2.98%
Mortgage Type
Commercial
Estimated Equity
$238,869
Purchase Details
Listed on
Mar 29, 2019
Closed on
May 14, 2019
Sold by
The Wanda Oldham Revocable Trust
Bought by
King Troy William and Shain King Stephane Renee
Seller's Agent
Alissa Doan
Greater Rough River Realty Group
Buyer's Agent
Alissa Doan
Greater Rough River Realty Group
List Price
$187,000
Sold Price
$188,000
Premium/Discount to List
$1,000
0.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.15%
Original Mortgage
$169,200
Interest Rate
4%
Mortgage Type
New Conventional
Similar Homes in Falls of Rough, KY
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $297,000 | None Available | |
| Deed | $188,000 | Bluegrass Land Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $135,000 | Commercial | |
| Previous Owner | $169,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/21/2021 12/21/21 | Sold | $297,000 | -10.0% | $193 / Sq Ft |
| 11/21/2021 11/21/21 | For Sale | $329,900 | +75.5% | $215 / Sq Ft |
| 05/14/2019 05/14/19 | Sold | $188,000 | +0.5% | $122 / Sq Ft |
| 05/01/2019 05/01/19 | Pending | -- | -- | -- |
| 03/28/2019 03/28/19 | For Sale | $187,000 | -- | $122 / Sq Ft |
Source: Metro Search (Greater Louisville Association of REALTORS®)
Tax History Compared to Growth
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 | $2,664 | $297,000 | $100,000 | $197,000 |
| 2023 | $2,692 | $297,000 | $100,000 | $197,000 |
| 2022 | $2,712 | $297,000 | $100,000 | $197,000 |
| 2021 | $1,795 | $188,000 | $70,000 | $118,000 |
| 2020 | $1,810 | $188,000 | $70,000 | $118,000 |
| 2019 | $1,402 | $146,000 | $50,000 | $96,000 |
| 2018 | $1,384 | $146,000 | $0 | $0 |
| 2017 | $1,218 | $130,000 | $0 | $0 |
| 2016 | $1,219 | $130,000 | $40,000 | $90,000 |
| 2015 | $1,232 | $130,000 | $40,000 | $90,000 |
| 2013 | $1,038 | $115,000 | $30,000 | $85,000 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Keith
Seller's Agent in 2021
Heather Keith
Red Edge Realty
(502) 345-3052
100 Total Sales
-
Kari Jones
Buyer's Agent in 2021
Kari Jones
Greater Rough River Realty Group
(270) 316-5940
84 Total Sales
-
A
Seller's Agent in 2019
Alissa Doan
Greater Rough River Realty Group
Map
Source: Metro Search (Greater Louisville Association of REALTORS®)
MLS Number: 1601479
APN: B-W-355
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Copyright 2025 Metro Search, Inc.
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