NOT LISTED FOR SALE

609 E Main St Glasgow, KY 42141

Estimated Value: $100,362 - $131,000

1 Bed
1 Bath
-- Sq Ft
0.3 Acres

Last Sold January 09, 2023

Last sale price $55,000

Est. 110% increase in value since last sale

Current estimated payment $653/month

6 Days on Market

Highlights

  • Property is near park
  • Wood Frame Window
  • Courtyard
  • Glasgow High School Rated A-
  • Paneling
  • 4-minute walk to Gorin Park

About This Home

As of January 2023

These 4 One bedroom, one bath rental units are priced to sell at $59,900, less than $15,000/ per door. The property consists of 3 buildings and in addition to the 4 rental units there is also a garage/storage area that has a washer/dryer that is shared by the 4 rental properties. Each unit needs repairs and updates. New dimensional shingles were installed less than 1 year ago. Currently only 1 unit is rented. With updates, this investment property has good income potential. Property is being sold AS-IS.

Last Agent to Sell the Property

Gary Pierce

Elmore Realty & Auction License #222768 Listed on: 11/28/2022

Last Buyer's Agent

Gary Pierce

Elmore Realty & Auction License #222768 Listed on: 11/28/2022

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.3

Parking

  • Private Parking

Home Design

  • Block Foundation
  • Dimensional Roof
  • Vinyl Construction Material

Interior Spaces

  • Paneling
  • Wood Frame Window
  • Living Room
  • Combination Kitchen and Dining Room

Outdoor Features

  • Courtyard
  • Patio
  • Exterior Lighting

Schools

  • Highland Elementary School
  • Glasgow Middle School
  • Glasgow High School

Utilities

  • Heating System Uses Gas
  • Separate Meters
  • Natural Gas Water Heater

Additional Features

  • 0.3 Acre Lot
  • Property is near park

Community Details

  • 3 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water
  • Assessor Parcel Number G5-3-61

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Disability Access: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: None
  • Walls: Dry Wall, Paneling
  • Has Basement: None
  • Laundry Area: Other-See Remarks

Exterior Features

  • Construction: Vinyl
  • Roofing: Dimensional
  • ExteriorFeatures: Court Yard, Exterior Lights, Outdoor Lighting, Patio
  • Foundation: Block

Garage/Parking

  • Parking: Private Parking

Utilities

  • Water: City
  • Water Heater: Natural Gas
  • Sewer: City
  • Utilities: Separate Metered

Lot Info

  • Estimated Lot Size: 0.3
  • Deed Book Page: 282-435
  • Lot Dimensions: 0.30
  • Parcel Id Tax Id: G5-3-61

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Total Number Units: 4
  • Total Number Units Occupied: 1

MLS Schools

  • Elementary School: Highland
  • Middle School: Glasgow
  • High School: Glasgow
  • School Type: City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Jan 7, 2023
Sold by
Hardin Danny L and Hardin Gail M
Bought by
Leca Llc
Seller's Agent
Gary Pierce
Elmore Realty & Auction
Buyer's Agent
Gary Pierce
Elmore Realty & Auction
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Current Estimated Value
$115,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,341
Avg. Annual Appreciation
28.10%

Purchase Details

Closed on
Sep 15, 2004
Bought by
Hardin Danny and Hardin Gail
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leca Llc $55,000 Attorney Only
Hardin Danny $87,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2023 01/09/23 Sold $55,000 -8.2% --
12/04/2022 12/04/22 Pending -- -- --
11/28/2022 11/28/22 For Sale $59,900 -- --
Source: South Central 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
2025 $612 $55,000 $8,000 $47,000
2024 $620 $55,000 $8,000 $47,000
2023 $625 $55,000 $8,000 $47,000
2022 $1,000 $87,000 $10,500 $76,500
2021 $1,034 $87,000 $10,500 $76,500
2020 $1,016 $87,000 $10,500 $76,500
2019 $1,009 $87,000 $10,500 $76,500
2018 $1,034 $87,000 $0 $0
2017 $1,041 $87,000 $10,500 $76,500
2016 $0 $87,000 $10,500 $76,500
2015 $0 $87,000 $10,500 $76,500
2014 $941 $87,000 $10,500 $76,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kentucky Association of REALTORS®

MLS Number: SC44104

South Central Kentucky Association of REALTORS®

APN: G5-3-61