NOT LISTED FOR SALE

562 Salem Chapel Rd S Benton, KY 42025

Estimated Value: $314,220 - $428,000

3 Beds
2 Baths
1,627 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 23, 2018

Last sale price $195,000 $120 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,075/month

Highlights

  • Deck
  • Wooded Lot
  • Circular Driveway
  • Pond
  • Covered Patio or Porch
  • Garage

About This Home

As of May 2018

Beautiful 10 Acre Mini Farm. This Home has over 1600 sf of living space which include Great Room (Living, Dining, Kitchen) 3 Bedrooms and 2 Baths. There are covered porches on the front and back. There is an attached 2 Car Garage plus a 24x36 Detached garage/workshop. Small Barn with shed storage. Small Pond. This property has pasture & woods. Had mobile Home hooks at back of property. Be sure and take a look at this one. It is priced under appraised value @ $219,900

Last Agent to Sell the Property

Jakie Holt

Professional Associates Realty, Inc. License #191507 Listed on: 04/12/2017

Co-Listed By

Lee Ann Holt

Kentucky Lakes Realty

Last Buyer's Agent

Stephanie Clark

Park Avenue Properties License #214236

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,479

Year Built

  • Built in 1998

Lot Details

  • 10.13 Acre Lot
  • Wooded Lot
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Composition Shingle Roof

Interior Spaces

  • 1,627 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Tilt-In Windows
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Circular Driveway
  • Gravel Driveway

Outdoor Features

  • Pond
  • Deck
  • Covered Patio or Porch
  • Shed
  • Outbuilding

Farming

  • Pasture
  • Horse Farm

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Property is located within a water district
  • Electric Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,479

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Farm
  • Type: Residential
  • Access: Paved Road
  • Estimated Year Built: 1998
  • Deed Book Page: 252/485
  • Fireplace Wood Stove: Gas Logs
  • Land Use Topography: Pasture, Pond, Wooded
  • Laundry Location: Closet
  • Style: 1 Story
  • Estimated Age: 11-20
  • Buildigs on Property: Garage, House, Shed
  • Farm Style: Horse
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1998

Interior Features

  • Floor Covering: Carpet, Laminate, Vinyl/Linoleum
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Tray/Vaulted Ceiling, Walk-In Closet, Circuit Breakers
  • Total Bathrooms: 2
  • Price Per Sq Ft: 119.85
  • Total Rooms: 7
  • Dining Kitchen: Eat-In Kitchen, Living/Dining, Pantry
  • Total Sq Ft: 1627
  • Attic: Crawl Opening
  • Doors and Windows: Tilt Windows
  • Number Of Bedrooms: 3
  • Walls: Dry Wall
  • Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • Exterior Features: Circular Drive, Covered Porch, Deck, Gravel Drive, Outbuildings, Trees
  • Exterior Finish: Brick/Siding
  • Foundation: Concrete Block
  • Roof: Composition Shingle

Garage/Parking

  • Garage Type: Attached, Detached

Utilities

  • Electric Company: Western KY RECC
  • Cooling: Central Air
  • Gas Company: Propane
  • Heating: Gas Pack, Propane
  • Sewer: Septic
  • Water: Water District
  • Water Heater: Electric

Schools

  • Elementary School: Jonathan
  • Middle School: South Middle
  • High School: Marshall County

Lot Info

  • Estimated Number of Acres: 10.13
  • Easements: Utility
  • Location: County
  • Farm Type: Horse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2017
Closed on
May 23, 2018
Sold by
Hall Martha S and Hall Martha Sue
Bought by
Sutton Chad Michael and Sutton Marey Herron
Seller's Agent
Jakie Holt
Professional Associates Realty, Inc.
Buyer's Agent
Stephanie Clark
Park Avenue Properties
List Price
$229,000
Sold Price
$195,000
Premium/Discount to List
-$34,000
-14.85%
Current Estimated Value
$371,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,110
Avg. Annual Appreciation
9.03%
Original Mortgage
$180,000
Outstanding Balance
$154,986
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$216,124
Source: Public Records

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
Sutton Chad Michael $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutton Chad Michael $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2018 05/23/18 Sold $195,000 -14.8% $120 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/12/2017 04/12/17 For Sale $229,000 -- $141 / 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 $1,479 $147,040 $5,040 $142,000
2023 $1,270 $122,040 $5,040 $117,000
2022 $1,322 $122,040 $5,040 $117,000
2021 $1,338 $122,040 $5,040 $117,000
2020 $1,361 $123,165 $6,165 $117,000
2019 $1,361 $123,165 $6,165 $117,000
2018 $716 $102,165 $6,165 $96,000
2017 $717 $102,165 $6,165 $96,000
2016 $644 $94,786 $4,136 $90,650
2015 $637 $94,786 $4,136 $90,650
2014 $646 $110,650 $0 $0
2010 -- $94,786 $4,136 $90,650
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jakie Holt

    Professional Associates Realty, Inc.

    (270) 205-0154

    2 Total Sales

    Jakie Holt
    Section Image

  • L

    Seller Co-Listing Agent in 2018

    Lee Ann Holt

    Kentucky Lakes Realty

  • Stephanie Clark

    Buyer's Agent in 2018

    Stephanie Clark

    Park Avenue Properties

    (270) 210-1389

    80 Total Sales

    Stephanie Clark
    Section Image
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Map

Source: Western Kentucky Regional MLS

MLS Number: 91701

Western Kentucky Regional MLS

APN: 65-00-00-007.000000

Kentucky Marshall County Benton 42025

562 Salem Chapel Rd S, Benton, KY

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.

Western Kentucky Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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