NOT LISTED FOR SALE

574 Palmetto Loop Glendale, KY 42740

Estimated Value: $219,000 - $258,000

-- Bed
4 Baths
1,880 Sq Ft
$128/Sq Ft Est. Value

Last Sold June 24, 2021

Last sale price $152,000 $81 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,382/month

126 Days on Market

Highlights

  • 0.74 Acre Lot
  • Central Air
  • Heat Pump System

About This Home

As of June 2021

This property consists of two rental units. This duplex has been well maintained and is currently occupied. The monthly income from the two units is $1,160 a month. A great investment opportunity.

Last Agent to Sell the Property

Kenny Tabb

GOLD STAR REALTY License #178381 Listed on: 01/20/2021

Last Buyer's Agent

Melissa Jarstfer

BLUEGRASS REALTY PROS, INC License #223255

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 2008

Lot Details

  • 0.74

Home Design

  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Parking

  • 6 Parking Spaces
  • Driveway
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Septic System
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • Crawl Space
  • 0.74 Acre Lot

Community Details

  • 2 Units
  • Meadow View Subdivision

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for garbage removal, maintenance, taxes, water
  • Assessor Parcel Number 224-00-02-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,400

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Estimated Year Built: 2008
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2008

Exterior Features

  • Construction: Vinyl
  • Roofing: Shingles
  • Foundation: Crawl Space, Poured Concrete
  • Road Surface: Asphalt, Gravel

Garage/Parking

  • Total Number Parking Spaces: 6
  • Parking: Off Street Parking, Other-See Remarks

Utilities

  • Water: County
  • Sewer: Septic

Fee Information

  • Association Fee Includes: None

Lot Info

  • Estimated Lot Size: 0.74
  • Deed Book Page: 1442/256
  • Parcel Id Tax Id: 224-00-02-002

Rental Info

  • Owner Pays: Garbage Removal, Maintenance, Taxes, Water
  • Tenant Pays: Electric

Multi Family

  • Total Number Units: 2
  • Type of Unit: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Jun 24, 2021
Sold by
Sandy Shore Investment Llc
Bought by
Mcmichael Properties Llc
Seller's Agent
Kenny Tabb
GOLD STAR REALTY
Buyer's Agent
Melissa Jarstfer
BLUEGRASS REALTY PROS, INC
List Price
$178,000
Sold Price
$152,000
Premium/Discount to List
-$26,000
-14.61%
Current Estimated Value
$231,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,000
Avg. Annual Appreciation
10.44%
Original Mortgage
$121,600
Outstanding Balance
$108,412
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$120,921

Purchase Details

Closed on
Jun 28, 2017
Sold by
Carter William L and Carter Lois M
Bought by
Sandy Shore Investment Llc
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
Mcmichael Properties Llc $152,000 Mattingly Ford Ttl Svcs Llc
Sandy Shore Investment Llc $772,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmichael Properties Llc $121,600
Previous Owner Carter William L $98,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2021 06/24/21 Sold $152,000 -14.6% $81 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $178,000 0.0% $95 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $178,000 -- $95 / Sq Ft
Source: Heart of Kentucky Association of REALTORS®

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 $1,400 $210,000 $20,000 $190,000
2023 $1,400 $152,000 $12,400 $139,600
2022 $1,529 $152,000 $12,400 $139,600
2021 $1,007 $108,000 $12,400 $95,600
2020 $1,014 $108,000 $12,400 $95,600
2019 $0 $108,000 $0 $0
2018 $984 $108,000 $0 $0
2017 $1,007 $111,200 $0 $0
2016 $0 $111,200 $0 $0
2015 $1,001 $111,200 $0 $0
2012 -- $111,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heart of Kentucky Association of REALTORS®

MLS Number: HK10055168

Heart of Kentucky Association of REALTORS®

APN: 224-00-02-002