NOT LISTED FOR SALE

588 Moore Hill Ave Corbin, KY 40701

Estimated Value: $206,333

3 Beds
2 Baths
-- Sq Ft
3.33 Acres

Last Sold May 18, 2022

Last sale price $700,000

Current estimated payment $1,168/month

3 Days on Market

Highlights

  • 3.33 Acre Lot
  • Heating Available
  • 1-Story Property
  • Cooling Available

About This Home

As of May 2022

Looking for an income producing investment property in Corbin?! This 3.33 acre plat is in Knox County located next to Dixon's Market. Property includes fourteen 3 bedroom/ 2 bathroom manufactured homes . Homes are approximately 4 years old and rent for $625.00 per month. There is an additional 2 bedroom/ 1 bathroom home with a 2 car detached garage that rents for $500.00 per month. All units are occupied with a one year lease.

Last Agent to Sell the Property

Tommy Black

RE/MAX On Main, Inc License #207650 Listed on: 02/02/2022

RE/MAX On Main, Inc

Last Buyer's Agent

Ginger Mccoy

Kentucky Residential Real Estate, LLC License #222628

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2018

Lot Details

  • 3.33

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Paved Parking
  • On-Site Parking

Schools

  • Lynn Camp Elementary And Middle School
  • Lynn Camp High School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • 1-Story Property
  • 3.33 Acre Lot

Community Details

  • 15 Buildings
  • 15 Units
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0051005003

Property Details

Home Type

Multi-Family

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Structure Type: Other
  • Year Built: 2018
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Lot Size Area: 3.33
  • Total Stories: 1

Exterior Features

  • List Price: 730000.0

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Site

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Sewer Connected, Water Available

Schools

  • Elementary School: Lynn Camp
  • High School: Lynn Camp
  • Middle or Junior School: Lynn Camp

Lot Info

  • Lot Dimensions: irregular
  • Lot Size Acres: 3.33
  • Lot Size Sq Ft: 145055.0
  • Parcel Number: 0051005003
  • Zoning Description: unknown

Multi Family

  • Number of Units Total: 15

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2022 05/18/22 Sold $700,000 -4.1% --
02/02/2022 02/02/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $730,000 -- --
Source: ImagineMLS (Bluegrass 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
2025 $1,077 $99,500 $64,500 $35,000
2024 $1,059 $99,500 $64,500 $35,000
2023 $1,191 $107,500 $0 $0
2022 $1,171 $85,000 $0 $0
2021 $564 $107,500 $0 $0
2020 $567 $50,000 $0 $0
2019 $570 $107,500 $0 $0
2018 $556 $50,000 $0 $0
2017 $543 $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22001563

ImagineMLS (Bluegrass REALTORS®)

APN: 005-10-05-003.00