NOT LISTED FOR SALE

624 Jonathan Point Rd Benton, KY 42025

Benton Area

Estimated Value: $622,368

3 Beds
2 Baths
3,048 Sq Ft
$204/Sq Ft Est. Value

Sale Details

Date Sold: August 3, 2022

Last sale price $500,000 $164 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,952 / mo

About This Home

Fantastic Original Lincoln Log cabin with private dock and 2.55 acres at Jonathan Creek on KY Lake! There's a detached garage partially framed on one side for a rental apt or guest house, the other side is a garage perfect for boat storage. The cabin offers 3 living areas and a gorgeous updated kitchen. This property has served as a very successful Air B&B for decades. Currently rented through mid August for $228 per night, an owner could continue to utilize the property for income and enjoy personal use as desired. Any buyer will have to honor the current Air B&B rentals through mid August. The proceeds would convert to the buyer at closing. Home will be sold mostly furnished.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Aug 3, 2022
Sold by
Blank James D and Revoc Kathleen
Bought by
Seller's Agent
Tammy Cothran
Keller Williams Experience - Murray
Buyer's Agent
Shannon Duffy
Lake Homes Realty
List Price
$478,800
Sold Price
$500,000
Premium/Discount to List
$21,200
4.43%
Current Estimated Value
$622,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,368
Avg. Annual Appreciation
5.42%
Original Mortgage
$50,000
Outstanding Balance
$46,969
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$575,399

Purchase Details

Closed on
Jun 13, 2005
Sold by
Blank James D and Blank Kathleen S
Bought by
Blank James D and Blank Kathleen S
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 Mcgee William F
Blank James D -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $50,000
Open Mcbroom Kenneth $360,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2022 08/03/22 Sold $500,000 +4.4% $164 / Sq Ft View Prior Sale
05/23/2022 05/23/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $478,800 -- $157 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,930 $500,000 $250,000 $250,000
2024 $5,005 $500,000 $250,000 $250,000
2023 $5,180 $500,000 $0 $0
2022 $2,390 $221,700 $100,000 $121,700
2021 $2,420 $221,700 $100,000 $121,700
2020 $2,438 $221,700 $100,000 $121,700
2019 $2,439 $221,700 $100,000 $121,700
2018 $2,448 $221,700 $100,000 $121,700
2017 $2,451 $221,700 $100,000 $121,700
2016 $2,455 $221,700 $100,000 $121,700
2015 $2,468 $221,700 $100,000 $121,700
2014 $2,463 $221,700 $0 $0
2010 -- $179,000 $70,000 $109,000
Source: Public Records

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