NOT LISTED FOR SALE

745 Pennington Flat Rd Morehead, KY 40351

Estimated Value: $371,000 - $448,000

4 Beds
3 Baths
2,585 Sq Ft
$160/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $415,000 $161 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,366/month

9 Days on Market

Highlights

  • Barn
  • View of Trees or Woods
  • Main Floor Primary Bedroom
  • In Ground Pool
  • 11.64 Acre Lot
  • Bonus Room

About This Home

As of May 2024

Nestled on 11.643 acres at the end of a 200 foot driveway you will find a large 4 bedroom, 3 bathroom home with 2 living areas and a bonus room with custom wood trim throughout. Step inside to discover an inviting interior boasting two spacious living areas, perfect for entertaining or relaxing with family. The heart of the home is the expansive, custom kitchen, which boasts a huge island with soft-close cabinets, providing ample storage and workspace for culinary enthusiasts and appliances that are just 4 years young. The home also features an in-law or guest suite, offering privacy and comfort for visitors. The property is equipped with new plumbing and two 200-amp services, ensuring efficiency and reliability along with 36 solar panels, which help decrease electric costs. Step outside to discover a backyard oasis, complete with a heated inground fiberglass pool, perfect for enjoying summer days. The property also features a 3-car attached garage, providing plenty of space for parking and storage. For the farmer in you you will appreciate the 2700-square-foot barn, with electric and water, perfect for storing equipment and a 14 x 60, fully insulated shed with electric and a. mini-split. Additionally, the property features a large chicken coop, ideal for those interested in raising poultry. A stocked pond adds to the property's charm, providing a peaceful spot to relax and enjoy the outdoors. The sellers installed a 1500 gal septic system in the field close to the road for a potential other home site.

New plumbing from the meter to the house and throughout the house
Electrical service: 3 circuit boxes, (2) 200 amp service
36 solar panels provide electricity to the house. Currently no batteries used for storage due to install of generator (does not stay)
Upstairs and front room HVAC new in 2020
Downstairs HVAC new in Fall 2023
Installed a 1500 gal septic in the front field, close to the road (see gravel pile) for potential other living unit
14x60 storage shed/workshop, fully insulated, some drywall with electric and a minisplit
All kitchen appliances, except microwave, new in 2020
Inground Pool new in 2020, 13x33, 3 1/2 x 5 1/2 feet deep, fiberglass insert with molded steps and bench; heated with propane
Barn approx 2700 square feet with 4 stalls, tack room, electric, water and hay storage
Double chicken coop
Property boundaries are the perimeter fence line, not suitable for animals, would need to be replaced
Stocked pond
Real wood millwork throughout the house, crown molding, wall and window trim

Last Agent to Sell the Property

Shannon Malone

HomeLand Real Estate Inc License #262698 Listed on: 04/14/2024

Last Buyer's Agent

Shannon Malone

EastKY Homefinders

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 11.64 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Wire Fence

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Driveway

Property Views

  • Woods
  • Farm
  • Mountain
  • Rural

Home Design

  • Block Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,585 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Bonus Room
  • Utility Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Patio
  • Shed

Schools

  • Tilden Hogge Elementary School
  • Rowan Co Middle School
  • Rowan Co High School

Farming

  • Barn

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Septic Tank

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043-00 00 092.00

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Year Built: 1978
  • Above Grade Finished Sq Ft: 2585.0
  • Levels: One and One Half
  • New Construction: No
  • Structure Type:House: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile2: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Privacy: Yes
  • View:Rural: Yes
  • Fencing:Wood2: Yes
  • View:Mountains: Yes
  • Other Structures:Barn(s): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), In-Law Floorplan, Primary Downstairs
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: No
  • Total Bedrooms: 4
  • LivingArea: 2585.0
  • Lot Size Area: 11.64
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:In-Law Floorplan: Yes

Exterior Features

  • Roof: Metal
  • Construction Materials: Wood Siding
  • Fencing: Privacy, Wood
  • Foundation Details: Block
  • List Price: 420000.0
  • Other Structures: Barn(s), Shed(s)
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Farm, Mountain(s), Rural, Trees/Woods
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Attached Garage, Driveway, Garage Faces Side
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Tilden Hogge
  • High School: Rowan Co
  • Middle or Junior School: Rowan Co

Lot Info

  • Lot Size Acres: 11.64
  • Lot Size Sq Ft: 507169.0
  • Parcel Number: 043-00 00 092.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
Naf Cash Llc
Bought by
Castrovince Marianne V and Castrovince Joseph A
Current Estimated Value
$412,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Outstanding Balance
$262,677
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$149,834

Purchase Details

Listed on
Apr 14, 2024
Closed on
May 17, 2024
Sold by
Cox Lisa and Cox Michael
Bought by
Naf Cash Llc
Seller's Agent
Shannon Malone
HomeLand Real Estate Inc
Buyer's Agent
Shannon Malone
HomeLand Real Estate Inc
List Price
$420,000
Sold Price
$415,000
Premium/Discount to List
-$5,000
-1.19%
Views
127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.37%

Purchase Details

Closed on
Dec 9, 2021
Sold by
Anthony Cox Michael and Anthony Lisa
Bought by
Moore Keith and Moore Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 20, 2019
Sold by
Mcguire Phillip R
Bought by
Cox Lisa

Purchase Details

Closed on
Sep 4, 2012
Sold by
Stansbury Bernadette
Bought by
Mcguire Phillip R and Mcguire Charlene L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Castrovince Marianne V $421,640 None Listed On Document
Naf Cash Llc $415,000 None Listed On Document
Naf Cash Llc $415,000 None Listed On Document
Moore Keith $115,000 Dehner & Ellis Pllc
Cox Lisa $271,000 None Available
Mcguire Phillip R $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castrovince Marianne V $266,000
Previous Owner Moore Keith $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2024 10/27/24 Off Market $415,000 -- --
05/17/2024 05/17/24 Sold $415,000 -1.2% $161 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/14/2024 04/14/24 For Sale $420,000 -- $162 / 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 $2,505 $348,391 $340,891 $7,500
2024 $2,359 $322,875 $315,375 $7,500
2023 $1,361 $206,075 $202,575 $3,500
2022 $1,273 $187,775 $187,775 $0
2021 $1,664 $187,775 $187,775 $0
2020 $1,694 $271,000 $100,800 $170,200
2019 $1,434 $235,000 $235,000 $0
2018 $1,427 $235,000 $235,000 $0
2017 -- $235,000 $235,000 $0
2016 -- $157,175 $157,175 $0
2014 $744 $157,175 $0 $0
2013 $744 $157,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24006975

ImagineMLS (Bluegrass REALTORS®)

APN: 043-00-00-092.00