NOT LISTED FOR SALE

618 W Gordon St Corbin, KY 40701

Estimated Value: $66,000 - $98,000

0.21 Acre
$408,005 Price per Acre
9,148 Sq Ft Lot

Last Sold May 31, 2023

Last sale price $12,000 $16 Per Sq Ft

Est. 614% increase in value since last sale

Current estimated payment $459/month

59 Days on Market

Highlights

  • Agricultural
  • Corbin Elementary School Rated A
  • Lot Has A Rolling Slope

About This Lot

As of May 2023

This is a rare opportunity to own a piece of land in the heart of Corbin! With its prime location in the city limits and zoned R-3 for Residential or Multi-Family units (It's important to note that it is up to the buyer to verify any lot and building restrictions with the local zoning authority). There was previously a home on the property so existing infrastructure should already exist. The surrounding area is home to a mix of residential and commercial properties, creating a diverse and lively atmosphere. Despite this lively environment, the property is situated within well-established neighborhoods and well-maintained homes, providing a sense of security and community. Located less than half a mile from Main Street there are plenty of shops, restaurants, & entertainment; offering you the convenience and accessibility to all the amenities Corbin has to offer. Don't miss out on this excellent chance to invest in a highly desirable property in Corbin. Call today for more information.

Last Agent to Sell the Property

Tonya Freeman

Freeman Brothers Realty LLC Listed on: 03/06/2023

Last Buyer's Agent

S Katie Bales

RE/MAX On Main, Inc License #245028

RE/MAX On Main, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $39

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Has A Rolling Slope

Farming

  • Agricultural

Community Details

  • City Limits Subdivision

Listing and Financial Details

  • Assessor Parcel Number 137-10-12-025

Property Details

Property Type

Land

Est. Annual Taxes

$39

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Agriculture
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 0.21
  • Possible Use: Residential

Exterior Features

  • List Price: 17000.0
  • Lot Features: Gentle Sloping, Rolling Slope

Lot Info

  • Topography: Gentle Sloping, Rolling Slope
  • Current Use: Other
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148.0
  • Parcel Number: 137-10-12-025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
May 26, 2023
Sold by
Independent Capital Holdings L
Bought by
Akins Properties Llc
Seller's Agent
Tonya Freeman
Freeman Brothers Realty LLC
Buyer's Agent
S Katie Bales
RE/MAX On Main, Inc
List Price
$17,000
Sold Price
$12,000
Premium/Discount to List
-$5,000
-29.41%
Views
151
Current Estimated Value
$85,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,681
Avg. Annual Appreciation
132.49%

Purchase Details

Closed on
Jul 7, 2022
Sold by
Chappell John P and Chappell Sheri
Bought by
Holdings Capital

Purchase Details

Closed on
Feb 5, 2007
Sold by
Denver Denver
Bought by
Chappel John P
Source: Public Records

Range of Values:

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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
Akins Properties Llc $12,000 None Listed On Document
Holdings Capital $3,204 --
Chappel John P $12,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $12,000 -29.4% $16 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $17,000 -- $22 / Sq Ft
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
2024 $39 $12,000 $0 $0
2023 $65 $19,200 $0 $0
2022 $66 $19,200 $0 $0
2021 $68 $19,200 $19,200 $0
2020 $69 $19,200 $19,200 $0
2019 $69 $19,200 $19,200 $0
2018 $69 $19,200 $19,200 $0
2017 $69 $19,200 $19,200 $0
2016 $69 $19,200 $19,200 $0
2015 $69 $19,200 $19,200 $0
2014 $69 $19,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23003968

ImagineMLS (Bluegrass REALTORS®)

APN: 137-10-12-025.00