NOT LISTED FOR SALE

661 Highway 1016 Berea, KY 40403

Estimated Value: $361,000 - $481,000

5 Acres
$87,193 Price per Acre
218,671 Sq Ft Lot

Last Sold November 15, 2013

Last sale price $163,900 $87 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $2,781/month

12 Days on Market

Highlights

  • Living Room
  • Dining Room
  • Family Room
  • Forced Air Heating System
  • Utility Room

About This Lot

As of November 2013

To be sold at Auction on Sat Oct 5th 10:30 AM. Minimum of $149,000, accepted day of auction only. Talk about possibility! The house over 1800 sq.ft. of charm, character & personality. 4BR/2BA. Hardwood floors, tall ceilings, Original Doors and jams! Still feels like yesterday in this house. Very clean and well cared for thoughout entire house! 2 car detached gar, & a massive old barn! SERIOUS Development potential here! 5.02 acres B-2 Zoning within the city limits of Berea! What could you do with a 5 acre farm in the city limits of Berea? WOW! About anything! An in town, horse boarding facility, Possible (B&B) Bed & Breakfast, raise goats or kids or chickens or all the above or what ever you wanted! Maybe just have your very own mini-farm? Info from the City of Berea Codes & Planning Dept concerning B-2 Zoning: Major Business District: The B-2 district allows for the development of shopping-type commercial activities which generate larger volumes of vehicular traffic.

Last Agent to Sell the Property

Mike Gooch

Power House Realty License #191021 Listed on: 09/24/2013

Co-Listed By

Lizette Fitzpatrick

Lizette Realty License #205403

Last Buyer's Agent

Mike Gooch

Power House Realty License #191021 Listed on: 09/24/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,535

Year Built

  • Built in 1938

Lot Details

  • 5.02 Acre Lot

Interior Spaces

  • 1,890 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Septic Tank

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22648

Property Details

Property Type

Land

Est. Annual Taxes

$3,535

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Farm
  • Year Built: 1938
  • Above Grade Finished Sq Ft: 1890.0
  • Levels: Two
  • New Construction: No
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1890.0
  • Lot Size Area: 5.02

Exterior Features

  • List Price: 299000.0

Utilities

  • Sewer: Septic Tank
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone
  • Water Source: Public

Lot Info

  • Topography: {"Level":true}
  • Lot Size Acres: 5.02
  • Lot Size Sq Ft: 218671.4
  • Parcel Number: 22648
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2021
Sold by
Carpenter C Keith C and Carpenter Joeann
Bought by
Jennings Martha Patricia
Current Estimated Value
$454,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Outstanding Balance
$270,911
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$166,798
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jennings Martha Patricia $369,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennings Martha Patricia $295,200
Previous Owner Ccnr Properties Llc $2,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $163,900 0.0% $87 / Sq Ft
10/05/2013 10/05/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $163,900 -- $87 / 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 $3,535 $369,000 $0 $0
2023 $3,579 $369,000 $0 $0
2022 $3,590 $369,000 $0 $0
2021 $3,165 $359,900 $0 $0
2020 $1,312 $169,000 $0 $0
2019 $1,267 $163,900 $0 $0
2018 $1,284 $163,900 $0 $0
2017 $1,648 $163,900 $0 $0
2016 $1,635 $163,900 $0 $0
2015 $1,216 $163,900 $0 $0
2014 $543 $163,900 $0 $0
2012 $543 $90,700 $90,700 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mike Gooch

    Power House Realty

    Section Image
  • Lizette Fitzpatrick

    Seller Co-Listing Agent in 2013

    Lizette Fitzpatrick

    Lizette Realty

    (859) 979-2834

    4 Total Sales

    Section Image
See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1319080

ImagineMLS (Bluegrass REALTORS®)

APN: 0074-0000-0004

Kentucky Madison County Berea 40403

661 Highway 1016, Berea, KY

This home is located at 661 Highway 1016, Berea, KY 40403 since 24 September 2013 and is currently estimated at $437,709, approximately $231 per square foot. This property was built in 1938. 661 Highway 1016 is a home located in Madison County with nearby schools including Silver Creek Elementary School, Foley Middle School, and Madison Southern High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.

Nearby Homes