NOT LISTED FOR SALE

8 Rainbow Gardens Ln Mc Daniels, KY 40152

Estimated Value: $346,000 - $531,000

3 Beds
2 Baths
1,344 Sq Ft
$293/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $324,000 $241 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,393/month

359 Days on Market

Highlights

  • Covered Deck
  • Cathedral Ceiling
  • Home Office
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of November 2023

Location, Location, Location!! Located in Rainbow Gardens subdivision on Rough River Lake, this 3 bed 2 bath lake home is sure to please. The park like setting offers beautiful views and easy access to the lake and dock. This lake lovers dream is just waiting for you to make it your own! Just a short golf cart ride to Nick’s boat dock, a restaurant and multiple boat dealers, for all your lake needs! Multiple level decks, room to build a garage, and plenty of room to spread out and sleep the whole gang! Life has changed and it’s time to make this lakefront Rough River cottage YOUR own! Turn key… $399K and the seller says make them an offer!

Last Agent to Sell the Property

Josh Watson

REAL DEAL REALTY LLC License #208474 Listed on: 10/12/2022

Co-Listed By

Dottie Watson

REAL DEAL REALTY LLC License #204319

Last Buyer's Agent

Josh Watson

REAL DEAL REALTY LLC License #208474 Listed on: 10/12/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 1974

Lot Details

  • 0.8 Acre Lot
  • Wooded Lot
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Home Office
  • No Floor Coverings
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • 2 Bedrooms in Basement

Outdoor Features

  • Covered Deck
  • Storage Shed

Utilities

  • Central Air
  • Heating Available
  • Furnace
  • Electric Water Heater
  • Septic System

Community Details

  • Rainbow Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number RBG

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,946

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential/Farm
  • Type: Single Family
  • Style Of Home: 1-1/2 Story
  • Estimated Above Ground Sq Ft: 672
  • Estimated Year Built: 1974
  • Disability Access: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1974

Interior Features

  • Interior Amenities: Catherdral Ceiling(s), Ceiling Fan(s)
  • Fireplace Woodstove: None
  • Walls: None
  • Appliances Equipment: None
  • Floors: None
  • Windows Treatments: None
  • Below Grade Bedrooms YN: Yes
  • Number Bedrooms Below Grade: 2
  • Total Bedrooms: 3
  • Master Bedroom Level: Main
  • Bedroom 2 Level: Basement
  • Bedroom 3 Level: Basement
  • Bathroom: None
  • Number of Full Bathrooms in the Basement: 0
  • Number of Lower Level Full Bathrooms: 0
  • Number of Main Level Full Bathrooms: 2
  • 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: Full
  • Basement Finished Sq Ft: 672
  • Basement YN: Yes
  • Total Basement Sq Ft: 672
  • Dining Rooms: Eat-in Kitchen
  • Kitchen: Eat-In
  • Other Rooms: Study/Basement
  • Price Per S Q F T: 241.07
  • Total Fin Living Sapce: 1344
  • Level1 Sq Ft: 672

Exterior Features

  • Construction: Brick
  • Roofing: Metal
  • ExteriorFeatures: Covered Deck, Deck, Storage Shed
  • Fence: None
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Carport: None
  • Garage Carport: No

Utilities

  • Water: City
  • Water Heater: Electric
  • Air Conditioner: Central Air
  • Heating: Furnace
  • Sewer: Septic

Lot Info

  • Estimated Lot Size: 0.8
  • Deed Book Page: 308/099
  • Parcel Id Tax Id: RBG
  • Price Per Acre: 435000

MLS Schools

  • School Type: County

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kaelin Patrick J $216,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $324,000 -6.9% $241 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
06/09/2023 06/09/23 Price Changed $348,000 -12.8% $259 / Sq Ft
10/12/2022 10/12/22 For Sale $399,000 -- $297 / Sq Ft
Source: Heart of Kentucky Association of 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
2024 $2,946 $324,000 $84,000 $240,000
2023 $1,626 $175,000 $65,000 $110,000
2022 $1,670 $175,000 $65,000 $110,000
2021 $1,711 $175,000 $65,000 $110,000
2020 $1,648 $167,000 $60,000 $107,000
2019 $1,644 $167,000 $60,000 $107,000
2018 $1,623 $167,000 $0 $0
2017 $1,605 $167,000 $0 $0
2016 $1,606 $167,000 $60,000 $107,000
2015 $1,623 $167,000 $60,000 $107,000
2013 $1,548 $167,000 $40,000 $127,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heart of Kentucky Association of REALTORS®

MLS Number: HK10062765

Heart of Kentucky Association of REALTORS®

APN: RG-54