Seller's Agent in 2023
Margaret Gray
RE/MAX
(606) 309-6135
122 Total Sales
5764 Somerset Rd London, KY 40741
Estimated Value: $70,356 - $221,000
10.72
Acres
$11,578
Price per Acre
466,963
Sq Ft Lot
About This Lot
As of October 2023**ACREAGE** This 10.72 acres can be used commercially or residentially, or both. Formally a saw mill, the property has two usable, large sheds and plenty of space to expand a business, and turn large trucks and equipment. Suitable for several different types of business.....sawmill, auto repair, large equipment storage and repair, the possibilities are unlimited.. Prefer to build a house or put a mobile home on the property....the views are stunning, and there's plenty of room for hunting. If you can't buy right now, seller will lease the land for $1500/mo with an option to purchase.
Last Agent to Sell the Property
RE/MAX LakeTime Realty London License #217223 Listed on: 08/10/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $12
Lot Details
- 10.72 Acre Lot
Property Views
- Woods
- Rural
Schools
- Colony Elementary School
- North Laurel Middle School
- Not Applicable Middle School
- North Laurel High School
Community Details
- Rural Subdivision
Listing and Financial Details
- Assessor Parcel Number 035-00-00-049.03
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Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Cain Christopher | $230,117 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2023 10/25/23 | Sold | $64,500 | -6.5% | -- |
| 10/13/2023 10/13/23 | Pending | -- | -- | -- |
| 09/11/2023 09/11/23 | Price Changed | $69,000 | -12.7% | -- |
| 08/10/2023 08/10/23 | For Sale | $79,000 | -- | -- |
Source: ImagineMLS (Bluegrass 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 | $12 | $1,600 | $0 | $0 |
| 2023 | $13 | $1,600 | $0 | $0 |
| 2022 | $139 | $17,500 | $0 | $0 |
| 2021 | $144 | $17,500 | $0 | $0 |
| 2020 | $145 | $17,500 | $0 | $0 |
| 2019 | $146 | $17,500 | $0 | $0 |
| 2018 | $146 | $17,500 | $0 | $0 |
| 2017 | $146 | $17,500 | $0 | $0 |
| 2015 | $145 | $128,500 | $53,500 | $75,000 |
| 2012 | $140 | $17,500 | $17,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Margaret Gray
-
Curtis Harbach
C
Buyer's Agent in 2023
Curtis Harbach
KY Real Estate Professionals, LLC
16 Total Sales
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 23015256
APN: 035-00-00-049.03
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