NOT LISTED FOR SALE

617 E Main St Glasgow, KY 42141

Estimated Value: $578,199

-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold April 30, 2024

Last sale price $135,000

Est. 328% increase in value since last sale

Current estimated payment $3,151/month

64 Days on Market

Highlights

  • Property is near a park
  • Paneling
  • Bathroom on Main Level
  • Glasgow High School Rated A-
  • Living Room
  • 3-minute walk to Gorin Park

About This Home

As of April 2024

ATTENTION INVESTORS! Recently remodeled 4-unit apartment building. If you're looking to increase your rental portfolio, this affordable rental property can add a good income stream. Priced at $46,225.00 per door. Projected monthly income is $2,150.00. Property also has an unfinished basement consisting of 1,140 sq ft for additional development or storage. Call agent for additional details or to schedule a showing. Being sold AS-IS.

Last Agent to Sell the Property

Gary Pierce

Elmore Realty & Auction License #222768 Listed on: 01/03/2024

Last Buyer's Agent

Gary Pierce

Elmore Realty & Auction License #222768 Listed on: 01/03/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Property fronts a highway

Home Design

  • Block Foundation
  • Shingle Roof
  • Block Exterior
  • Vinyl Construction Material

Interior Spaces

  • Bathroom on Main Level
  • Paneling
  • Replacement Windows
  • Vinyl Clad Windows
  • Living Room
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • Private Parking
  • Driveway Level

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Electric Water Heater

Additional Features

  • Exterior Lighting
  • Property is near a park

Community Details

  • 4 Units
  • Gross Income $25,800

Listing and Financial Details

  • Tenant pays for deposit, electric, gas
  • The owner pays for garbage removal, sewer, taxes, water
  • Assessor Parcel Number G5-10-6/63473

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Estimated Year Built: 1940
  • Disability Access: 1st Floor Bathroom, Level Drive
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Interior Amenities: None
  • Walls: Dry Wall, Paneling
  • Has Basement: Outside Entrance, Partial, Unfinished
  • Laundry Area: In Apartment

Exterior Features

  • Construction: Block, Vinyl
  • Roofing: Metal, Shingles
  • ExteriorFeatures: Exterior Lights, Outdoor Lighting
  • Foundation: Block
  • Road Surface: Asphalt

Garage/Parking

  • Parking: Private Parking

Utilities

  • Water: City
  • Water Heater: Electric
  • Sewer: City
  • Utilities: Separate Metered

Fee Information

  • Association Fee Includes: None
  • Fees: None

Lot Info

  • Estimated Lot Size: 0.12
  • Deed Book Page: 0412-749
  • Easements: Utility
  • Parcel Id Tax Id: G5-10-6/63473

Rental Info

  • Owner Pays: Garbage Removal, Sewer, Taxes, Water
  • Tenant Pays: Deposit, Electric, Gas

Multi Family

  • Total Number Units: 4
  • Type of Unit: Four Plex

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2022
Sold by
Boyter James T and Boyter Dawn M
Bought by
Brooking Properties Llc
Current Estimated Value
$578,199

Purchase Details

Closed on
Dec 27, 2016
Sold by
Jeremy Burch and Jeremy Linda
Bought by
Handley Ruby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,778
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2012
Bought by
Burch Jeremy and Burch Linda
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Brooking Properties Llc $25,000 Attorney Only
Handley Ruby $40,000 Attorney Only
Burch Jeremy $28,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Handley Ruby $41,778
Closed Handley Ruby $41,778
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $135,000 -14.5% --
03/07/2024 03/07/24 Pending -- -- --
02/20/2024 02/20/24 Price Changed $157,900 -14.6% --
01/03/2024 01/03/24 For Sale $184,900 -- --
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 $1,462 $131,500 $30,000 $101,500
2024 $1,482 $131,500 $30,000 $101,500
2023 $1,494 $131,500 $30,000 $101,500
2022 $1,511 $131,500 $30,000 $101,500
2021 $1,564 $131,500 $30,000 $101,500
2020 $1,536 $131,500 $30,000 $101,500
2019 $1,525 $131,500 $30,000 $101,500
2018 $475 $40,000 $0 $0
2017 $479 $40,000 $29,200 $10,800
2016 $424 $37,000 $29,000 $8,000
2015 $424 $37,000 $29,000 $8,000
2014 $271 $28,800 $28,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kentucky Association of REALTORS®

MLS Number: SC45134

South Central Kentucky Association of REALTORS®

APN: G10-6-20