$485,000
SOLD JAN 9, 2025

830 Palmetto Loop Glendale, KY 42740

-- Bed
-- Bath
3,210 Sq Ft
1.37 Acres

Recently Sold

$151 Per Sq Ft

28% Below List Price

149 Days on Market

Highlights

  • 1.37 Acre Lot
  • Central Hardin High School Rated 9+
  • Central Air

About This Home

As of January 2025

Looking for an EXCELLENT, multifamily investment. Look no further. This property is located less than 5 minutes from the Blue Oval Battery Plant. 5 out of 6 units are partially furnished (with bed, couch, dresser, tv, microwave, coffee maker and kitchen-ware) and rent for $1000 - $1,250 per month. On these 5 units, the property owner pays for water, electric, and trash. The remaining 1 unit is a long-term tenant (on a month to month basis) and the property is unfurnished and tenant pays for their own utilities for that unit (rent could definitely be raised on this unit). Three out of the 6 units have just recently had the HVAC units replaced. Don't delay. Call today to start generating that monthly cashflow that you are looking for.

Last Agent to Sell the Property

Jason Jarstfer

BLUEGRASS REALTY PROS, INC License #209324 Listed on: 06/25/2024

Co-Listed By

Melissa Jarstfer

BLUEGRASS REALTY PROS, INC License #223255

Last Buyer's Agent

Jason Jarstfer

BLUEGRASS REALTY PROS, INC License #209324 Listed on: 06/25/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,316

Year Built

  • Built in 1999

Lot Details

  • 1.37 Acre Lot

Parking

  • 12 Parking Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters

Listing and Financial Details

  • Tenant pays for other-see remarks
  • The owner pays for other-see remarks
  • Assessor Parcel Number 223-20-01-001

Community Details

Overview

  • Association fees include other-see remarks
  • 6 Units
  • Meadow View Subdivision

Pet Policy

  • Pet Restriction

Additional Features

  • No Laundry Facilities
  • Gross Income $83,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,316

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Estimated Year Built: 1999
  • Miscellaneous: Pet Restrictions
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1999

Interior Features

  • Has Basement: None
  • Laundry Area: None
  • Number Floors: 1

Garage/Parking

  • Total Number Parking Spaces: 12

Utilities

  • Utilities: Separate Metered

Fee Information

  • Association Fee Includes: None, Other-See Remarks
  • Fees: None

Lot Info

  • Estimated Lot Size: 1.37
  • Deed Book Page: 1524-627
  • Parcel Id Tax Id: 223-20-01-001
  • Price Per Acre: 364891

Rental Info

  • Owner Pays: Other-See Remarks
  • Tenant Pays: Other-See Remarks

Multi Family

  • Total Number Units: 6
  • Total Number Units Occupied: 6
  • Type of Unit: Six Plex

MLS Schools

  • School Type: County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Jan 6, 2025
Sold by
Mcmichael Properties Llc
Bought by
St Menas Holdings Llc
Seller's Agent
Jason Jarstfer
BLUEGRASS REALTY PROS, INC
Buyer's Agent
Jason Jarstfer
BLUEGRASS REALTY PROS, INC
List Price
$675,000
Sold Price
$485,000
Premium/Discount to List
-$190,000
-28.15%
Views
47
Current Estimated Value
$517,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,653
Avg. Annual Appreciation
9.34%
Original Mortgage
$412,250
Outstanding Balance
$407,941
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$109,712

Purchase Details

Closed on
Jul 17, 2023
Sold by
Mcmichael Properties Llc
Bought by
Santos Charles and Leary Danielle

Purchase Details

Closed on
Mar 12, 2021
Sold by
Sandy Shore Investments Llc
Bought by
Smartway Llc

Purchase Details

Closed on
Jun 28, 2017
Sold by
Carter William L and Carter Lois M
Bought by
Sandy Shore Investment Llc

Purchase Details

Closed on
Apr 23, 2007
Sold by
Carter William L and Carter Lois
Bought by
Carter William L and Carter Lois
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $485,000 None Listed On Document
Deed $485,000 None Listed On Document
Warranty Deed $210,000 None Listed On Document
Deed $205,000 None Available
Deed $772,000 None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,250 Credit Line Revolving
Closed $412,250 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 Sold $485,000 -3.0% $151 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
10/23/2024 10/23/24 Price Changed $499,900 -5.7% $156 / Sq Ft
09/26/2024 09/26/24 Price Changed $529,900 -10.2% $165 / Sq Ft
08/27/2024 08/27/24 Price Changed $589,900 -5.6% $184 / Sq Ft
08/05/2024 08/05/24 Price Changed $625,000 -7.4% $195 / Sq Ft
06/25/2024 06/25/24 For Sale $675,000 +87.5% $210 / Sq Ft
12/01/2021 12/01/21 Sold $360,000 -10.0% $112 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $400,000 -- $125 / 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 $3,316 $360,000 $19,300 $340,700
2023 $3,316 $360,000 $19,300 $340,700
2022 $4,069 $360,000 $19,300 $340,700
2021 $1,628 $174,600 $19,300 $155,300
2020 $1,639 $174,600 $19,300 $155,300
2019 $0 $174,600 $0 $0
2018 $1,591 $174,600 $0 $0
2017 $1,616 $178,500 $0 $0
2016 $0 $178,500 $0 $0
2015 $1,589 $178,500 $0 $0
2012 -- $178,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heart of Kentucky Association of REALTORS®

MLS Number: HK24002324

Heart of Kentucky Association of REALTORS®

APN: 223-20-01-001