NOT LISTED FOR SALE

701 Flat Gap Rd Berea, KY 40403

Estimated Value: $155,000 - $225,000

4 Beds
2 Baths
1,300 Sq Ft
$141/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $78,000 $60 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,029/month

23 Days on Market

Highlights

  • Deck
  • Carpet
  • Heat Pump System
  • Ceiling Fan

About This Home

As of July 2012

Better Than New! Spacious 4 Bd, 2 Ba Ranch On Large Flat Lot Just Inside Rockcastle County With Berea Address. Completely Remodeled With New Paint, Carpet, Kitchen Vinyl, Appliances, Deck, Sidewalk And Landscaping. This Is A Must See! Owner/Agent

Last Agent to Sell the Property

Judy Laws

Century 21 Pinnacle Listed on: 04/30/2012

Last Buyer's Agent

Loretta Powell

Farm Brokers of Kentucky

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.48

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Crawl Space
  • Attic Access Panel
  • Washer and Gas Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heat Pump System
  • Septic Tank

Additional Features

  • Deck
  • 0.48 Acre Lot

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 1300.0
  • Flooring:Carpet: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 4
  • Fireplace: No
  • LivingArea: 1300.0
  • Lot Size Area: 0.48
  • Window Features: Blinds
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Vinyl Siding
  • List Price: 79900.0
  • Patio And Porch Features: Deck
  • Waterfront: No
  • Window Features:Blinds: Yes
  • Construction Materials:Vinyl Siding: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Heat Pump
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Acres: 0.48
  • Lot Size Sq Ft: 20908.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Robinson John Marcus and Robinson Hannah Faith
Bought by
Clark Todd Wayne and Clark Christi Michelle
Current Estimated Value
$182,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,875
Outstanding Balance
$42,256
Interest Rate
2.3%
Mortgage Type
New Conventional
Estimated Equity
$140,563

Purchase Details

Closed on
Mar 19, 2020
Sold by
Ramsey Joshua and Ramsey Tasha
Bought by
Robinson John Marcus and Robinson Hannah Faith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3%
Mortgage Type
USDA

Purchase Details

Listed on
Apr 30, 2012
Closed on
Jul 27, 2012
Sold by
Laws Sebastian and Laws Judy
Bought by
Ramsey Joshua and Ramsey Tasha
Seller's Agent
Judy Laws
Century 21 Pinnacle
Buyer's Agent
Loretta Powell
Farm Brokers of Kentucky
List Price
$78,000
Sold Price
$78,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$79,795
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2007
Sold by
Us Bank National Assn
Bought by
Laws Sebastian and Laws Judy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Clark Todd Wayne $117,875 None Available
Robinson John Marcus $110,000 Kentucky Mtn Land Title
Ramsey Joshua $78,000 None Available
Laws Sebastian $47,500 Cornerstone Title Services
Laws Sebastian $47,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Todd Wayne $57,875
Previous Owner Robinson John Marcus $110,000
Previous Owner Ramsey Joshua $79,795
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2012 07/27/12 Sold $78,000 0.0% $60 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $78,000 -- $60 / 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
2025 $959 $117,900 $0 $0
2024 $965 $117,900 $0 $0
2023 $976 $117,900 $0 $0
2022 $968 $117,900 $0 $0
2021 $910 $110,000 $0 $0
2020 $645 $78,000 $0 $0
2019 $640 $78,000 $0 $0
2018 $639 $78,000 $0 $0
2017 $635 $78,000 $0 $0
2016 $621 $78,000 $0 $0
2015 -- $78,000 $0 $0
2010 -- $54,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 544713

ImagineMLS (Bluegrass REALTORS®)

APN: 040-00-043