NOT LISTED FOR SALE

702 Salem Rd Franklin, KY 42134

Estimated Value: $211,000 - $320,000

4 Beds
2 Baths
2,478 Sq Ft
$104/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $217,500 $88 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,527/month

10 Days on Market

Highlights

  • Ranch Style House
  • Secondary bathroom tub or shower combo
  • Covered Patio or Porch
  • Wood Flooring
  • Granite Countertops
  • Wood Frame Window

About This Home

As of December 2022

Charming home with full size basement including kitchen and living room. Potential for rental or in-law suite. Land includes a pond and detached 2 car garage.

Last Agent to Sell the Property

Alex Ahlers

Crye-Leike Executive Realty License #276546 Listed on: 11/23/2022

Crye-Leike Executive Realty

Last Buyer's Agent

Lisa Scott

Crye-Leike Executive Realty License #248308

Crye-Leike Executive Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,925

Year Built

  • Built in 1998

Lot Details

  • 1.47 Acre Lot
  • Property has an invisible fence for dogs

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Ceiling Fan
  • Wood Frame Window
  • Combination Kitchen and Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • No Kitchen Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Secondary bathroom tub or shower combo

Outdoor Features

  • Covered Patio or Porch

Schools

  • Franklin Elementary School
  • Franklin Simpson Middle School
  • Franklin Simpson High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number Unknown

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,925

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Class: Residential/Farm
  • Type: Single Family
  • Style Of Home: Ranch, Traditional
  • Estimated Above Ground Sq Ft: 1239
  • Estimated Year Built: 1998
  • Disability Access: None
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace Woodstove: None
  • Walls: Dry Wall
  • Appliances Equipment: None
  • Floors: Carpet, Concrete, Hardwood
  • Windows Treatments: None
  • Below Grade Bedrooms YN: No
  • Total Bedrooms: 4
  • Master Bedroom Level: Main
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Basement
  • Bedroom 4 Level: Basement
  • Bathroom: Tub/Shower Combo
  • Number of Full Bathrooms in the Basement: 1
  • Number of Lower Level Full Bathrooms: 0
  • Number of Main Level Full Bathrooms: 1
  • Total Bathrooms: 2
  • Number Partial Bathrooms in the basement: 0
  • Number of Lower Level Partial Bathrooms: 0
  • Number of Main Level Partial Bathrooms: 0
  • Master Bath Room Level: Main
  • Full Bathrooms: 2
  • Utility Room Bsmt: 1
  • Lower Level Utility Room: 0
  • Utility Room Main: 0
  • Upper Level Utility Room: 0
  • Has Basement: Finished-Partial, Full
  • Basement Finished Sq Ft: 1239
  • Basement YN: Yes
  • Total Basement Sq Ft: 1239
  • Dining Room Level: Main
  • Dining Rooms: Kitchen/Dining Combo
  • Family Room Level: Basement
  • Kitchen: Dishwasher, Granite Counter Tops, Microwave, Range/Oven, Refrigerator
  • Kitchen Level: Main
  • Living Room Level: Main
  • Other Rooms: Kitchen/Basement
  • Price Per S Q F T: 87.77
  • Total Fin Living Sapce: 2478
  • Level1 Sq Ft: 1239

Exterior Features

  • Construction: Brick, Vinyl
  • Roofing: Shingles
  • ExteriorFeatures: Covered Front Porch
  • Fence: Underground Pet
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Carport: Garage Detached
  • Garage Carport: Yes
  • Number Garage Spaces: 2

Utilities

  • Water: County
  • Water Heater: Electric
  • Air Conditioner: Central Air
  • Heating: Heat Pump
  • Sewer: City

Schools

  • Elementary School: Franklin
  • Middle School: Franklin Simpson
  • High School: Franklin Simpson

Lot Info

  • Estimated Lot Size: 1.47
  • Deed Book Page: 464/112
  • Parcel Id Tax Id: Unknown
  • Price Per Acre: 153061

MLS Schools

  • Elementary School: Franklin
  • Middle School: Franklin Simpson
  • High School: Franklin Simpson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2022
Closed on
Dec 22, 2022
Sold by
Knight Ashton
Bought by
Dean A Stecher Trust
Seller's Agent
Alex Ahlers
Crye-Leike Executive Realty
Buyer's Agent
Lisa Scott
Crye-Leike Executive Realty
List Price
$225,000
Sold Price
$217,500
Premium/Discount to List
-$7,500
-3.33%
Views
65
Current Estimated Value
$256,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,288
Avg. Annual Appreciation
6.18%

Purchase Details

Closed on
Oct 21, 2022
Sold by
Knight Gabriel
Bought by
Knight Ashton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2018
Closed on
Oct 29, 2018
Sold by
Hsbc Bank Usa National Association
Bought by
Knight Ashton and Knight Gabriel
Seller's Agent
Aaron Brailer
RealHome Services and Solutions, Inc.
Buyer's Agent
Dustin Payne
Keller Williams First Choice R
List Price
$115,400
Sold Price
$128,100
Premium/Discount to List
$12,700
11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$102,480
Interest Rate
6.25%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 29, 2018
Sold by
Belcher Russell E
Bought by
Hsbc Bank Usa National Association and Ace Securities Corp Home Equity Loan Tr
Source: Public Records

Range of Values:

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Average Value
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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
Dean A Stecher Trust $217,500 --
Knight Ashton -- --
Knight Ashton $128,100 None Available
Hsbc Bank Usa National Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knight Ashton $168,000
Previous Owner Knight Ashton $102,480
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2022 12/30/22 Sold $217,500 -3.3% $88 / Sq Ft
12/03/2022 12/03/22 Pending -- -- --
11/23/2022 11/23/22 For Sale $225,000 +75.6% $91 / Sq Ft
11/14/2018 11/14/18 Sold $128,100 +11.0% $103 / Sq Ft View Prior Sale
09/27/2018 09/27/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $115,400 -- $93 / Sq Ft
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

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 $1,925 $217,500 $0 $0
2023 $2,025 $217,500 $0 $0
2022 $1,313 $150,000 $0 $0
2021 $1,302 $150,000 $0 $0
2020 $1,315 $150,000 $0 $0
2019 $1,144 $128,100 $0 $0
2018 $1,335 $150,000 $0 $0
2017 $1,305 $150,000 $0 $0
2016 $1,293 $150,000 $0 $0
2015 -- $150,000 $0 $0
2013 -- $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

MLS Number: RA20225323

Real Estate Information Services (REALTOR® Association of Southern Kentucky)

APN: 058-00-00-013.01