NOT LISTED FOR SALE

6981 Reed Ln Drift, KY 41619

Estimated Value: $96,056 - $150,000

5 Beds
2 Baths
3,038 Sq Ft
$39/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $35,000 $12 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $651/month

61 Days on Market

Highlights

  • Ranch Style House
  • Wood Frame Window
  • Forced Air Heating and Cooling System
  • Cathedral Ceiling
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of December 2018

Rustic home located on a large lot is priced to sell! This large home is conveniently located just off Rt. 122 and is ready for a new owner. With 5 bedrooms and 2 baths, this over 3,000 sq. ft. home has lots of potential. This traditional home is ready for some TLC to mek it your new, wonderful home! Seller is motivated and wants a quick sale, not looking for top dollar, so make an offer today before its too late!! Sold as is and where is with no warranties implied or given.

Last Agent to Sell the Property

Karen Stone

Century 21 American Way Realty Listed on: 09/26/2018

Century 21 American Way Realty

Last Buyer's Agent

Karen Stone

Century 21 American Way Realty Listed on: 09/26/2018

Century 21 American Way Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 1.37

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,038 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Frame Window

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Open Parking

Schools

  • Floyd Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Additional Features

  • Outdoor Storage
  • 1.37 Acre Lot

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.37
  • Subdivision Name: None
  • Directions: From US 23 & Rt. 114 intersection, travel US 23 South to Rt. 80 exit and turn right. Follow Rt. 80 to Rt. 680 and turn left. At the end of 680, turn left on Rt. 122. Go 1.6 miles, turn left on Reed Street. Follow road behind houses. Street ends at subject property.
  • Above Grade Finished Sq Ft: 3038
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove
  • Has Basement: None
  • Total Bedrooms: 5
  • Flooring: Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Ceiling Fan(s), Cathedral Ceiling(s)
  • Living Area: 3038
  • Window Features: Wood Frames, Single Pane

Exterior Features

  • Disclosures: Sellers Disclosure
  • Construction Type: Wood Siding
  • Other Structures: Storage
  • Patio And Porch Features: None
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Asphalt, Carport
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air
  • Heating Yn: Yes
  • Sewer: See Agent Comments
  • Water Source: See Remarks

Schools

  • High School: Floyd Central

Lot Info

  • Lot Size Sq Ft: 59677.2
  • Zoning: None
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2018
Closed on
Dec 10, 2018
Sold by
Lapointe Helen M and Maulo Marlin
Bought by
Newsome Jessica and Newsome Ronnie
Seller's Agent
Karen Stone
Century 21 American Way Realty
Buyer's Agent
Karen Stone
Century 21 American Way Realty
List Price
$47,500
Sold Price
$35,000
Premium/Discount to List
-$12,500
-26.32%
Current Estimated Value
$119,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,514
Avg. Annual Appreciation
19.03%

Purchase Details

Listed on
Jul 23, 2017
Closed on
Sep 22, 2017
Sold by
Secretary Of Hud
Bought by
Lapointe Helen M and Maulo Marlin
Seller's Agent
Millie Blair
RE/MAX Legacy Group
Buyer's Agent
Millie Blair
RE/MAX Legacy Group
List Price
$44,000
Sold Price
$40,000
Premium/Discount to List
-$4,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.37%
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
Newsome Jessica $35,000 None Available
Lapointe Helen M $40,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $35,000 -26.3% $12 / Sq Ft
11/29/2018 11/29/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $47,500 +18.8% $16 / Sq Ft
09/22/2017 09/22/17 Sold $40,000 -9.1% $13 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $44,000 -- $14 / Sq Ft
Source: Eastern 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
2024 -- $40,000 $25,000 $15,000
2023 $0 $40,000 $0 $0
2022 $485 $40,000 $0 $0
2021 $420 $34,500 $0 $0
2020 $434 $75,000 $0 $0
2019 $432 $35,700 $0 $0
2018 $908 $75,000 $0 $0
2017 $970 $100,000 $0 $0
2016 $970 $125,000 $0 $0
2015 $845 $125,000 $0 $0
2014 $845 $125,000 $0 $0
2013 $845 $125,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Stone

    Seller's Agent in 2018

    Karen Stone

    Century 21 American Way Realty

    (606) 205-3707

    122 Total Sales

    Section Image
  • Millie Blair

    Seller's Agent in 2017

    Millie Blair

    RE/MAX

    (606) 233-1251

    110 Total Sales

    Section Image
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Map

Source: Eastern Kentucky Association of REALTORS®

MLS Number: 111144

APN: 23198

Kentucky Floyd County

6981 Reed Ln, KY

This home is located at 6981 Reed Ln, Drift, KY 41619 since 26 September 2018 and is currently estimated at $119,514, approximately $39 per square foot. This property was built in 1940. 6981 Reed Ln is a home located in Floyd County with nearby schools including Mcdowell Elementary School, South Floyd High School, and South Floyd Middle School.

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