NOT LISTED FOR SALE

586 Palisades Dr Eddyville, KY 42038

Estimated Value: $709,000 - $869,000

4 Beds
3.5 Baths
5,355 Sq Ft
$143/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $400,000 $75 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,603/month

630 Days on Market

Highlights

  • Private Dock
  • Home Theater
  • Waterfront
  • Boat Slip
  • Spa
  • 1.17 Acre Lot

About This Home

As of January 2015

PALATIAL WATERFRONT MANSION WITH BEST VIEWS IN PALISADES: Seller says sell "as is" to allow buyer to pick paint colors, trim, appliances, cabinets and floor coverings and priced below costs. Home has combination guest and safe suite, cubola with cantilevered otagonal stainless and ash wood stairs, two septic tanks (total 2500 gal), 2 - 200 amp electric service. Foundation is poured concrete with steel rebar reinforced. MANY MORE FEATURES OF THIS ONE OF A KIND HOME!!

Last Agent to Sell the Property

Don Outlaw

RE/MAX Real Estate Services License #214836 Listed on: 04/15/2013

Last Buyer's Agent

Traci Markum

1st Realty Group License #201492

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,310

Year Built

  • Built in 2013

Lot Details

  • 1.17 Acre Lot
  • Waterfront
  • Lot Has A Rolling Slope

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Sheet Rock Walls or Ceilings
  • Ceiling height of 9 feet or more
  • Thermal Pane Windows
  • Vinyl Clad Windows
  • Great Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Workshop
  • Finished Basement
  • Laundry in Basement
  • Storage In Attic
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • 3 Car Detached Garage
  • Basement Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Spa
  • Boat Slip
  • Private Dock
  • Docks
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Property is located within a water district
  • Electric Water Heater
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 84 & 85

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,310

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Access: Blacktop
  • Estimated Age: 0-3
  • Estimated Year Built: 2013
  • Estimated Sq Ft: 4000+
  • Finished Basement Sq Ft: 2394
  • Deed Book Page: 142/625
  • Dockage: Private Dock
  • Fireplace Wood Stove: Great Room
  • Land Use Topography: Rolling
  • Laundry Location: Basement
  • Location2: County
  • Main Level Sq Ft: 2961
  • Restrictions2: Y
  • Style: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2013

Interior Features

  • Interior Amenities: Air Purifier, Attic Storage, Closet Light(s), Garage Door Opener, Home Theater, Smoke Alarm, Tray/Vaulted Ceiling, Walk-In Closet, Washer/Dryer Hookup, Whirlpool/Spa, Workshop, Circuit Breakers, Ceilings 9+ feet
  • Price Per Sq Ft: 74.7
  • Basement: Fully Finished
  • Dining Kitchen: Formal Dining
  • Estimated Total Sq Ft: 5355
  • Doors and Windows: Thermal Pane Windows, Vinyl Frame
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Of Bedrooms: 4
  • Walls: Dry Wall
  • Basement 2: Yes

Exterior Features

  • Construction: Frame
  • Exterior Features: Balcony, Boat Slip - Covered, Covered Porch, Dock, Exterior Lights
  • Exterior Finish: Brick/Siding
  • Foundation: Poured Concrete
  • Roof: Dimensional Shingle

Garage/Parking

  • Garage Type: Built-In/Basement, Detached
  • Garage Capacity: 3

Utilities

  • Electric Company: Pennyrile Rural Elec
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Septic
  • Utilities Available: Garbage - Private, DSL/High Speed Internet
  • Water: Water District
  • Water Company: Lyon County
  • Water Heater: Electric

Schools

  • Elementary School: Lyon County
  • Middle School: Lyon County
  • High School: Lyon County

Lot Info

  • Lot Number: 84 & 85
  • Estimated Number of Acres: 1.17
  • Easements: TVA/Corps of Engineers
  • Location: Waterfront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2021
Sold by
Derk James S and Derk Kimberly A
Bought by
James S Derk And Kimberly A Derk Living Trust and De Kimberly
Current Estimated Value
$764,829

Purchase Details

Closed on
Feb 8, 2021
Sold by
Evansville Association For The Blind Inc
Bought by
Derk James and Derk Kimberly

Purchase Details

Closed on
Sep 29, 2005
Sold by
Stratman Melvin J
Bought by
Fletcher Donald and Fletcher Rita
Source: Public Records

Range of Values:

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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
James S Derk And Kimberly A Derk Living Trust $1,042,500 Williams K T
Derk James $1,000 None Available
Fletcher Donald $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Derk James $293,000
Previous Owner Derk James S $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2015 01/30/15 Sold $400,000 -30.4% $75 / Sq Ft
01/05/2015 01/05/15 Pending -- -- --
04/15/2013 04/15/13 For Sale $575,000 -- $107 / 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 $5,310 $600,000 $0 $0
2023 $5,322 $600,000 $0 $0
2022 $4,113 $450,000 $0 $0
2021 $4,172 $450,000 $0 $0
2020 $4,110 $450,000 $0 $0
2019 $4,114 $450,000 $0 $0
2018 $4,095 $450,000 $0 $0
2017 $4,077 $450,000 $0 $0
2016 $4,082 $450,000 $0 $0
2015 -- $350,000 $0 $0
2013 -- $350,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 70805

Western Kentucky Regional MLS

APN: 53F-84