NOT LISTED FOR SALE

820 Nelson Branch Clay City, KY 40312

Estimated Value: $179,000 - $358,770

3 Beds
2 Baths
1,350 Sq Ft
$199/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $250,000 $185 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,569/month

10 Days on Market

Highlights

  • 90 Acre Lot
  • Hilly Lot
  • Wooded Lot
  • Wood Burning Stove
  • Farm
  • Wood Flooring

About This Home

As of August 2021

Looking for a private oasis? An investment/resort opportunity? This is it!! 90+/- acres, only minutes from the Mountain Parkway and convenient to the beautiful Red River Gorge area, the possibilities are limitless. The 3 bedroom, 2 bath cabin is nestled in a private valley, surrounded by mature timber, where native wildlife abounds. Perfect for hiking, ATV riding, horseback riding, and so much more. Come sit on the inviting front porch, sip on your favorite beverage, listen to the babbling stream and enjoy ALL nature has to offer. (Being sold ''As Is'')

Last Agent to Sell the Property

Margaret Gray

RE/MAX LakeTime Realty London License #217223 Listed on: 06/09/2021

Last Buyer's Agent

Michelle Blackburn

RE/MAX Creative, Winchester License #205632

RE/MAX Creative, Winchester

Home Details

Home Type

  • Single Family

Lot Details

  • 90 Acre Lot
  • Hilly Lot
  • Wooded Lot

Interior Spaces

  • 1,350 Sq Ft Home
  • 1.5-Story Property
  • Fireplace
  • Wood Burning Stove
  • Great Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Powell Co Middle School
  • Powell Co High School

Utilities

  • Heating Available
  • Well

Additional Features

  • In Flood Plain
  • Farm

Community Details

  • Rural Subdivision

Home Details

Home Type

Single Family

Lot Details

90 Acres

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • Structure Type: House
  • Above Grade Finished Sq Ft: 1350.0
  • Levels: One and One Half
  • New Construction: No
  • Structure Type:House: Yes
  • Flooring:Hardwood: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • LivingArea: 1350.0
  • Lot Size Area: 90.0
  • Possible Use: Other, Residential, Recreational, Pasture

Exterior Features

  • List Price: 250000.0
  • Lot Features: Wooded, Bottomland, Hilly
  • Lot Features:Wooded: Yes

Utilities

  • Heating: Wood Stove
  • Heating: Yes
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Well
  • Heating:Wood Stove: Yes

Schools

  • High School: Powell Co
  • Middle or Junior School: Powell Co

Lot Info

  • Topography: Hilly, Wooded
  • Lot Dimensions: See Deed
  • Current Use: Recreational
  • Lot Size Acres: 90.0
  • Lot Size Sq Ft: 3920400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2024
Sold by
Mclane Laura and Mailhot Ronald
Bought by
Mailhot Ronald L
Current Estimated Value
$268,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Outstanding Balance
$200,152
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$68,733

Purchase Details

Listed on
Jun 9, 2021
Closed on
Aug 13, 2021
Sold by
Reynolds William and Bernstrom Angela
Bought by
Mailhot Ronald and Mclane Laura
Seller's Agent
Margaret Gray
RE/MAX LakeTime Realty London
Buyer's Agent
Michelle Blackburn
RE/MAX Creative, Winchester
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$200,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2008
Sold by
Spoonamore Frank T and Spoonamore Beverly
Bought by
Cooper George M and Cooper Elizabeth J
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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Purchase History

Date Buyer Sale Price Title Company
Mailhot Ronald L $225,000 None Listed On Document
Mailhot Ronald $250,000 None Available
Cooper George M $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mailhot Ronald L $205,000
Previous Owner Mailhot Ronald $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold $250,000 0.0% $185 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $250,000 -- $185 / Sq Ft
Source: ImagineMLS (Bluegrass 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
2024 $2,038 $225,000 $0 $0
2023 $2,058 $225,000 $0 $0
2022 $2,020 $225,000 $0 $0
2021 $507 $57,000 $0 $0
2020 $511 $57,000 $0 $0
2019 $469 $57,000 $0 $0
2018 $464 $57,000 $0 $0
2017 $446 $57,000 $0 $0
2016 -- $87,900 $0 $0
2015 -- $0 $0 $0
2013 -- $95,000 $0 $0
2012 -- $95,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Margaret Gray

    RE/MAX

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20110996

ImagineMLS (Bluegrass REALTORS®)

APN: 011-00-00-007.00

Kentucky Powell County Clay City 40312

820 Nelson Branch, Clay City, KY

Not Listed for Sale

Detached

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