NOT LISTED FOR SALE

705 Engineer St Unit 3 Corbin, KY 40701

Estimated Value: $168,000 - $225,000

5 Beds
3 Baths
4,332 Sq Ft
$48/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $170,000 $39 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,169/month

494 Days on Market

Highlights

  • Cooling Available
  • Corbin Elementary School Rated A
  • Forced Air Heating System

About This Home

As of August 2018

This tri-plex is a great investment property Apartment A 3 bedrooms 1 bath, Apartment B 1 Bedroom 1 Bath, Apartment C 1 Bedroom 1 Bath Renovated in 2015 Nice hardwood floors,Carpet, Carport on B & C

Last Agent to Sell the Property

Barbara Flannery

USA Realty License #190760 Listed on: 02/24/2017

Last Buyer's Agent

Kyle French

Revolution Realty, LLC License #216628

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 0.36 Acre Lot

Parking

  • 5 Parking Spaces

Home Design

  • 4,332 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Central Elementary School
  • Corbin Middle School
  • Corbin High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

Overview

  • 3 Units
  • Rural Subdivision

Building Details

  • Gross Income $1,930

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Triplex
  • Structure Type: Triplex
  • Year Built: 1934
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • LivingArea: 4332.0
  • Lot Size Area: 0.36

Exterior Features

  • List Price: 189000.0

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Central Elementary
  • High School: Corbin High School
  • Middle or Junior School: Corbin

Lot Info

  • Lot Size Acres: 0.36
  • Lot Size Sq Ft: 15681.61
  • Zoning Description: city

Multi Family

  • Number of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2023
Sold by
Wahlstedt James T
Bought by
Ruffian Properties Llc
Current Estimated Value
$206,050

Purchase Details

Listed on
Feb 24, 2017
Closed on
Aug 24, 2018
Sold by
Maria Apartments Llc
Bought by
Wahlstedt James T and Wahlstedt Sarah E
Seller's Agent
Barbara Flannery
USA Realty
Buyer's Agent
Kyle French
Revolution Realty, LLC
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%
Original Mortgage
$136,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
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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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
Ruffian Properties Llc $215,000 --
Wahlstedt James T $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wahlstedt James T $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $170,000 0.0% $39 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
02/24/2017 02/24/17 For Sale $170,000 -- $39 / 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 $1,077 $215,000 $30,000 $185,000
2024 $1,075 $215,000 $30,000 $185,000
2023 $1,095 $205,000 $0 $0
2022 $899 $170,000 $0 $0
2021 $906 $170,000 $0 $0
2020 $899 $170,000 $0 $0
2019 $887 $170,000 $0 $0
2018 $569 $112,500 $0 $0
2017 $543 $112,500 $0 $0
2016 $521 $112,500 $0 $0
2015 $489 $112,500 $0 $0
2013 $480 $112,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Flannery

    Seller's Agent in 2018

    Barbara Flannery

    USA Realty

    (606) 521-0671

    17 in this area

    42 Total Sales

    Barbara Flannery
    Section Image

  • K

    Buyer's Agent in 2018

    Kyle French

    Revolution Realty, LLC

    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1703860

ImagineMLS (Bluegrass REALTORS®)

APN: 002-30-13-002.00

Kentucky Knox County Corbin 40701

705 Engineer St Unit 3, Corbin, KY

Not Listed for Sale

MultiFamily

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