NOT LISTED FOR SALE

700 Sycamore St Murray, KY 42071

Murray Area

Estimated Value: $145,000 - $196,849

1 Bed
1 Bath
1,470 Sq Ft
$109/Sq Ft Est. Value

Sale Details

Date Sold: January 18, 2024

Last sale price $125,000 $85 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $927 / mo

1 Day on Market

Highlights

  • Central Air
  • Murray Elementary School Rated A
  • 1-Story Property

About This Home

As of January 2024

Looking to buy some income? This charming duplex is currently fully rented and producing $1,450 a month in rent, a 12.89% capitalization rate that will beat the stock market every weekday and twice on Sunday. The front unit was recently updated and features two bedrooms and a bathroom, while the back unit has one bedroom and bathroom with a bonus room. Featuring a metal roof, fenced backyard, and corner lot, this property is perfect for new and experienced real estate investors.

Last Agent to Sell the Property

Lowell Stevens

Benchmark Realty, LLC - Murray License #449610 Listed on: 12/06/2023

Benchmark Realty, LLC - Murray

Last Buyer's Agent

Emily Fackler

The Jeter Group License #286846

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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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Lot Details

  • 8,276

Home Design

  • Duplex
  • Metal Roof

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 8,276 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex
  • Cooling:Cooling: Central Air
  • Structure Type:Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Lot Size Area: 0.19
  • Total Stories: 1

Exterior Features

  • Roof: Metal
  • List Price: 135000.0
  • Roof:Roof: Metal

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Utilities: Cooling YN: Yes
  • Utilities:Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.4

Multi Family

  • Number of Units Total: 2

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

Closed on
Apr 14, 2017
Sold by
Reed Harry C and Reed Beverly J
Bought by
Current Estimated Value
$160,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
4.1%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Murray, KY

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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
$105,000 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
Closed $89,250
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
01/18/2024 01/18/24 Sold $125,000 -7.4% $85 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $135,000 -- $92 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

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 $501 $125,000 $0 $0
2024 $457 $115,000 $0 $0
2023 $285 $72,000 $0 $0
2022 $408 $105,000 $0 $0
2021 $416 $105,000 $0 $0
2020 $414 $105,000 $0 $0
2019 $382 $105,000 $0 $0
2018 $1,028 $105,000 $0 $0
2017 $235 $65,000 $0 $0
2016 $235 $65,000 $0 $0
2015 $219 $65,000 $0 $0
2011 $219 $65,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: W124778

ImagineMLS (Bluegrass REALTORS®)

APN: 007-0-0020-00018

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