NOT LISTED FOR SALE

78 Sorghum Hollow van Lear, KY 41265

Estimated Value: $83,947 - $141,000

0.26 Acres
$414,035 Price per Acre
11,326 Sq Ft Lot

Last Sold February 06, 2023

Last sale price $6,000 $4 Per Sq Ft

Est. 1,694% increase in value since last sale

Current estimated payment $580/month

307 Days on Market

About This Lot

As of February 2023

This is a .26 acre lot in Van Lear, KY. The lot has older structures on the property that are deemed of no value. The seller offers seller financing on this property. They will be issuing a special warranty deed with this sale.

Last Agent to Sell the Property

Doug Wireman

First Choice Realty & Assoc. Listed on: 03/10/2022

Last Buyer's Agent

Doug Wireman

First Choice Realty & Assoc. Listed on: 03/10/2022

Property Details

Property Type

  • Land

Lot Details

  • 0.26

Schools

  • Johnson Central High School

Additional Features

  • 0.26 Acre Lot
  • Barn

Property Details

Property Type

Land

Lot Details

0.26 Acres

Listing Details

  • Property Sub Type: Residential Land
  • Prop. Type: Land
  • Lot Size Acres: 0.26
  • Lot Size: .26
  • Subdivision Name: None
  • Directions: From the intersection of U.S. 23/460, travel 460 east for 1/2 mile and turn right at traffic light. Follow Rt 321 south through the Paintsville bypass and turn left onto RT 1107. Travel 1 mile and turn right onto RT 302. Travel 302 for 1.75 miles and turn right onto Sorghum Hollow. Go 1/10 mile veering slight left. You will see an old yellow house that needs torn down. This is property for sale.
  • Special Features: None

Exterior Features

  • Other Structures: Barn/Outbuildings

Utilities

  • Sewer: See Agent Comments
  • Utilities: Water Available

Schools

  • High School: Johnson Central

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 11325.6
  • Zoning: None
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Feb 6, 2023
Sold by
Mid South Capital Partners Lp
Bought by
Fannin Billy
Seller's Agent
Doug Wireman
First Choice Realty & Assoc.
Buyer's Agent
Doug Wireman
First Choice Realty & Assoc.
List Price
$10,000
Sold Price
$6,000
Premium/Discount to List
-$4,000
-40%
Views
8
Current Estimated Value
$107,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,649
Avg. Annual Appreciation
153.03%

Purchase Details

Closed on
Dec 10, 2020
Sold by
Johnson County Commissioner
Bought by
Mid South Capital Partners Lp
Source: Public Records
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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
Fannin Billy -- None Listed On Document
Mid South Capital Partners Lp $2,100 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2023 02/06/23 Sold $6,000 -40.0% $4 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
03/10/2022 03/10/22 For Sale $10,000 -- $7 / Sq Ft
Source: Eastern Kentucky Association of REALTORS®

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 $152 $12,500 $7,500 $5,000
2024 $2 $12,500 $7,500 $5,000
2023 $216 $18,750 $0 $0
2022 $213 $18,750 $7,500 $11,250
2021 $211 $18,750 $0 $0
2020 $199 $18,750 $7,500 $11,250
2019 $195 $18,750 $7,500 $11,250
2018 $193 $18,750 $7,500 $11,250
2017 $187 $18,750 $7,500 $11,250
2016 $189 $18,750 $7,500 $11,250
2015 $186 $18,750 $7,500 $11,250
2013 $161 $18,750 $7,500 $11,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Kentucky Association of REALTORS®

MLS Number: 116668

APN: V62-00-00-050.00

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