NOT LISTED FOR SALE

85 N Scruggs Ln Frankfort, KY 40601

Estimated Value: $303,134

5 Beds
2.5 Baths
2,561 Sq Ft
$118/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $260,000 $102 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,809/month

195 Days on Market

Highlights

  • Barn
  • Cape Cod Architecture
  • Wood Flooring
  • Waterfront
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of February 2023

FISHING, KAYAKING /CANOEING...THIS IS IT!...This spacious 2 story rustic cabin has a view everyone dreams of...Elkhorn Creek Falls is right out the back door of this 5 bedroom, 2.5 bath home, two HVAC units, full walk-out basement, a 30x40 attached garage with concrete flooring, 2 story and shed attached at rear of garage. Home features a propane gas log fireplace, flat-top griddle with cooktop in kitchen, central vacuum, hardwood flooring. Property has covered deck out back to enjoy the scenery and entertaining. There is a primary suite on first level with it's own entrance and porch. This suite has been rented thru Airbnb and provided income. This property would make an excellent Bed and Breakfast. If you enjoy fishing, kayaking or canoeing, this property is for you. It is outside the city limits. Property is selling as-is. Sellers will not make any repairs. Inspections Welcome. Motivated Sellers

Last Agent to Sell the Property

Krista Kates

Thwaites Realtors LLC License #264457 Listed on: 01/03/2023

Last Buyer's Agent

Patience Watson

United Real Estate Bluegrass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,527

Year Built

  • Built in 1998

Lot Details

  • 1.05 Acre Lot
  • Waterfront

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,561 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Ventless Fireplace
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Propane Fireplace
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Utility Room
  • Water Views
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Sump Pump

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Elkhorn Elementary School
  • Elkhorn Middle School
  • Franklin Co High School

Farming

  • Barn

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 094-10-05-005.00

Community Details

Overview

  • Rural Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,527

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Structure Type: House
  • Year Built: 1998
  • Above Grade Finished Sq Ft: 2561.0
  • Levels: Two
  • New Construction: No
  • Structure Type:House: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Other Structures:Barn(s): Yes
  • Architectural Style:Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Concrete, Full, Sump Pump, Unfinished, Walk-Out Access, Walk-Up Access
  • Basement: Yes
  • Total Bedrooms: 5
  • Fireplace Features: Blower Fan, Gas Log, Living Room, Propane, Ventless
  • Fireplace: Yes
  • LivingArea: 2561.0
  • Lot Size Area: 1.05
  • Window Features: Blinds, Insulated Windows, Screens, Window Treatments
  • Basement:Concrete: Yes
  • Full Basement: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Central Vacuum: Yes
  • Basement:Walk-Up Access: Yes
  • Basement:Sump Pump: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Blower Fan: Yes

Exterior Features

  • Exterior Features: Other
  • Roof: Metal
  • Construction Materials: Wood Siding
  • Foundation Details: Concrete Perimeter
  • Home Warranty: No
  • List Price: 275000.0
  • Other Structures: Barn(s), Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Pool Private: No
  • View: Water, Other
  • View YN: Yes
  • Water Body Name: Other
  • Waterfront: Yes
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached Garage, Driveway, Garage Faces Front, Off Street
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Heat Pump, Natural Gas
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Propane Connected, Water Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Park

Schools

  • Elementary School: Elkhorn Elem
  • High School: Franklin Co
  • Middle or Junior School: Elkhorn Middle

Lot Info

  • Lot Size Acres: 1.05
  • Lot Size Sq Ft: 45738.0
  • Parcel Number: 094-10-05-005.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Feb 13, 2023
Sold by
Spaulding Jerry A and Spaulding Jody Yancey
Bought by
Hamblin Denetta Jean and Hamblin Bradley Dale
Seller's Agent
Krista Kates
Thwaites Realtors LLC
Buyer's Agent
Patience Watson
United Real Estate Bluegrass
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Views
73
Current Estimated Value
$303,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,134
Avg. Annual Appreciation
5.70%
Original Mortgage
$190,000
Outstanding Balance
$183,994
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$119,140

Purchase Details

Closed on
Sep 15, 2017
Sold by
Wheatley John L
Bought by
Spaulding Jody Yancey and Spaulding Jerry Allen

Purchase Details

Closed on
Mar 7, 2011
Sold by
Mcconnell Wallace L
Bought by
Wheatley John L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hamblin Denetta Jean $260,000 Bluegrass Land Title
Spaulding Jody Yancey -- Attorney
Wheatley John L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamblin Denetta Jean $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2024 11/03/24 Off Market $260,000 -- --
02/13/2023 02/13/23 Sold $260,000 -5.5% $102 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $275,000 0.0% $107 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
11/17/2022 11/17/22 Price Changed $275,000 -15.4% $107 / Sq Ft
10/16/2022 10/16/22 Price Changed $325,000 -7.1% $127 / Sq Ft
09/29/2022 09/29/22 Price Changed $350,000 -4.1% $137 / Sq Ft
09/21/2022 09/21/22 Price Changed $365,000 -2.7% $143 / Sq Ft
09/12/2022 09/12/22 Price Changed $375,000 -1.8% $146 / Sq Ft
07/21/2022 07/21/22 Price Changed $382,000 -2.1% $149 / Sq Ft
07/12/2022 07/12/22 Price Changed $390,000 -2.5% $152 / Sq Ft
07/07/2022 07/07/22 Price Changed $399,900 -1.3% $156 / Sq Ft
07/01/2022 07/01/22 For Sale $405,000 -- $158 / Sq Ft
Source: ImagineMLS (Bluegrass 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
2025 $2,527 $260,000 $0 $0
2024 $2,579 $260,000 $0 $0
2023 $2,862 $239,500 $0 $0
2022 $1,723 $145,500 $0 $0
2021 $1,709 $145,500 $0 $0
2020 $1,724 $145,500 $20,500 $125,000
2019 $1,761 $145,500 $20,500 $125,000
2018 $1,696 $140,500 $20,500 $120,000
2017 -- $140,500 $20,500 $120,000
2016 $1,602 $140,500 $20,500 $120,000
2015 $1,397 $140,500 $20,500 $120,000
2011 $1,397 $140,000 $20,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22014396

ImagineMLS (Bluegrass REALTORS®)

APN: 094-10-05-005.00