5649 Cutters Trace Melbourne, KY 41059
Estimated Value: $439,000 - $530,000
3
Beds
4
Baths
2,648
Sq Ft
$185/Sq Ft
Est. Value
About This Home
This home is located at 5649 Cutters Trace, Melbourne, KY 41059 and is currently estimated at $489,441, approximately $184 per square foot. 5649 Cutters Trace is a home located in Campbell County with nearby schools including Crossroads Elementary School, Campbell County Middle School, and Campbell County High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 30, 2019
Sold by
Rhinehimer Michael Scott
Bought by
Gehlhar Jennifer Ann and Gehlhar Jennifer
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,300
Outstanding Balance
$235,703
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$253,738
Purchase Details
Closed on
Mar 27, 2006
Sold by
Schultz Janet
Bought by
Rhinehimer Michael Scott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 20, 2004
Sold by
Schafer Lane G and Schafer Deborah
Bought by
Rhinehimer Michael Scott and Schultz Janet
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 20, 1996
Sold by
Worthy William R
Bought by
Cherry Grove Frame & Body Inc
Purchase Details
Closed on
Dec 21, 1994
Sold by
Heist Raymond G
Bought by
Worthy William R and Worthy Janet L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,350
Interest Rate
6.63%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gehlhar Jennifer Ann | $318,000 | Springdale Title Llc | |
| Rhinehimer Michael Scott | -- | Homeowners Title Agency | |
| Rhinehimer Michael Scott | $250,000 | -- | |
| Cherry Grove Frame & Body Inc | $230,000 | -- | |
| Worthy William R | $209,622 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gehlhar Jennifer Ann | $270,300 | |
| Previous Owner | Rhinehimer Michael Scott | $172,000 | |
| Previous Owner | Rhinehimer Michael Scott | $75,000 | |
| Previous Owner | Rhinehimer Michael Scott | $150,000 | |
| Previous Owner | Worthy William R | $197,350 |
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 |
|---|---|---|---|---|
| 2025 | $4,410 | $370,000 | $60,000 | $310,000 |
| 2024 | $3,905 | $318,000 | $60,000 | $258,000 |
| 2023 | $3,816 | $318,000 | $60,000 | $258,000 |
| 2022 | $3,965 | $318,000 | $60,000 | $258,000 |
| 2021 | $4,012 | $318,000 | $60,000 | $258,000 |
| 2020 | $4,070 | $318,000 | $60,000 | $258,000 |
| 2019 | $3,496 | $275,000 | $60,000 | $215,000 |
| 2018 | $3,519 | $275,000 | $60,000 | $215,000 |
| 2017 | $3,411 | $275,000 | $60,000 | $215,000 |
| 2016 | $3,109 | $250,000 | $0 | $0 |
| 2015 | $3,167 | $250,000 | $0 | $0 |
| 2014 | $3,097 | $250,000 | $0 | $0 |
Source: Public Records
Map
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