NOT LISTED FOR SALE

8405 New Hope Rd Paducah, KY 42001

Estimated Value: $276,187 - $386,000

3 Beds
3.5 Baths
4,730 Sq Ft
$70/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $623,500 $132 Per Sq Ft

Est. 47% decrease in value since last sale

Current estimated payment $2,092/month

Highlights

  • Spa
  • 23.26 Acre Lot
  • Deck
  • Lone Oak Elementary School Rated A
  • Fireplace in Bedroom
  • Pond

About This Home

As of June 2021

REDUCED $100K! Exquisite country living just minutes from town. This custom-built home sits on over 23 acres and features over 4,700 SF plus a huge, unfinished walk-out basement waiting for your design. Currently 3 BR and 3.5B, this home features a bonus room/office that could be converted to an extra bedroom, sunroom, craft-room, vaulted ceilings with real wood beams, and twin staircases. Amish-built cabinets/built-ins and wide-plank floors, antique dentil crown molding, 4 wood-burning fireplaces, full-house vacuum, cedar-lined closet, geothermal HVAC, private well, fencing for horses, loafing shed, riding ring, heated greenhouse, and kennel. Too much to list for a property that truly must be seen to be appreciated!

Last Agent to Sell the Property

Ben Sirk

Sirk & Company Real Estate License #210606 Listed on: 06/12/2020

Last Buyer's Agent

Jennifer Palmer

Jennifer Palmer Realty License #267530

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,205

Year Built

  • Built in 1994

Lot Details

  • 23.26 Acre Lot
  • Fenced Yard
  • Lot Has A Rolling Slope
  • Street paved with bricks
  • Wooded Lot
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Bookcases
  • Tray Ceiling
  • Sheet Rock Walls or Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Multiple Fireplaces
  • Thermal Pane Windows
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Utility Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Separate Shower

Attic

  • Attic Fan
  • Attic Floors
  • Storage In Attic
  • Permanent Attic Stairs

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry
  • Sump Pump
  • Fireplace in Basement

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Spa
  • Pond
  • Deck
  • Covered Patio or Porch
  • Outbuilding

Farming

  • Horse or Livestock Barn
  • Crops
  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Geothermal Heating and Cooling
  • Well
  • Electric Water Heater
  • Septic System
  • Satellite Dish

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,205

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Access: Blacktop, Paved Road, Public Road
  • Estimated Age: 21-30
  • Estimated Year Built: 1994
  • Estimated Sq Ft: 4000+
  • Unfinished Basement Sq Ft: 1520
  • Bonus Room Level: U
  • Deed Book Page: 725/509
  • Fireplace Wood Stove: Basement, Bedroom, Fireplace, Great Room, Living Room, Two or More
  • Land Use Topography: Crops, Pasture, Pond, Rolling, Wooded
  • Location2: County
  • Main Level Sq Ft: 2569
  • Master Bed Level: U
  • Restrictions: Zoning
  • Restrictions2: Y
  • Style: 2 Story
  • Tv Cable: Satellite Owned
  • Upper Level Sq Ft: 2161
  • Utility Level: B
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1994

Interior Features

  • Floor Covering: Carpet, Tile, Wood
  • Appliances: Dishwasher, Disposal, Double Oven, Microwave, Range - Countertop, Refrigerator, Trash Compactor, Oven Built In
  • Interior Amenities: Attic Fan, Attic Storage, Book Shelves, Ceiling Fan(s), Central Vacuum, Closet Light(s), Garage Door Opener, Skylight, Sump Pump, Tray/Vaulted Ceiling, Walk-In Closet, Washer/Dryer Hookup, Wet Bar, Whirlpool/Spa, Circuit Breakers, Ceilings 9+ feet
  • Total Bathrooms: 3.1
  • Basement: Exterior Entrance, Interior Entrance, Partial, Sump Pump, Unfinished, Walk Out
  • Dining Kitchen: Breakfast Area, Eat-In Kitchen, Formal Dining, Pantry
  • Estimated Total Sq Ft: 4730
  • Attic: Floored, Permanent Stairs
  • Bathroom Features: Double Vanity, Separate Shower, Walk-In Closet, Whirlpool
  • Bedroom 2 Level: U
  • Bedroom 3 Level: U
  • Dining Room Level: M
  • Doors and Windows: Thermal Pane Windows
  • Great Room Level: M
  • Kitchen Level: M
  • Living Room Level: M
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Of Bedrooms: 3
  • Walls: Dry Wall
  • Basement 2: Yes

Exterior Features

  • Construction: Frame
  • Exterior Features: Brick Walks, Circular Drive, Concrete Drive, Covered Porch, Deck, Fenced Yard, Outbuildings, Patio, Paved Drive, Trees, Horse Barn
  • Exterior Finish: Brick/Siding, Vinyl Siding
  • Foundation: Poured Concrete
  • Roof: Dimensional Shingle

Garage/Parking

  • Garage Type: Attached, Workshop
  • Garage Capacity: 2

Utilities

  • Electric Company: JPECC
  • Cooling: Central Air
  • Heating: Forced Air, Geothermal, Multiple Units
  • Sewer: Septic
  • Utilities Available: Garbage - Private
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Estimated Number of Acres: 23.26
  • Easements: Utility

Tax Info

  • Tax District: Concord Fire

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jun 28, 2021
Sold by
Lagesse Gerald J
Bought by
Simpson Michael William and Simpson Tina Marie
Seller's Agent
Ben Sirk
Sirk & Company Real Estate
Buyer's Agent
Jennifer Palmer
Jennifer Palmer Realty
List Price
$699,900
Sold Price
$623,500
Premium/Discount to List
-$76,400
-10.92%
Current Estimated Value
$331,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$292,406
Avg. Annual Appreciation
-13.60%
Original Mortgage
$138,500
Outstanding Balance
$85,620
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$245,474
Source: Public Records

Range of Values:

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Average Value
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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
Simpson Michael William $623,500 Mcmurry And Livingston Pllc
Simpson Michael William $623,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Michael William $138,500
Closed Simpson Michael William $138,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $623,500 0.0% $132 / Sq Ft
06/13/2021 06/13/21 Off Market $623,500 -- --
04/25/2021 04/25/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $699,900 0.0% $148 / Sq Ft
03/15/2021 03/15/21 Price Changed $699,900 +12.3% $148 / Sq Ft
03/08/2021 03/08/21 Off Market $623,500 -- --
06/12/2020 06/12/20 For Sale $799,900 -- $169 / Sq Ft
Source: Western Kentucky Regional MLS

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 $4,205 $0 $0 $0
2023 $4,115 $468,414 $0 $0
2022 $3,897 $392,065 $0 $0
2021 $2,973 $432,565 $0 $0
2020 $2,988 $300,654 $0 $0
2019 $2,976 $300,654 $0 $0
2018 $2,387 $243,936 $0 $0
2017 $2,677 $407,850 $0 $0
2016 $2,677 $407,850 $0 $0
2015 $2,639 $407,850 $0 $0
2013 $2,639 $407,850 $0 $0
2012 $2,639 $752,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 107936

Western Kentucky Regional MLS

APN: 060-00-00-034