NOT LISTED FOR SALE

88 Welch Dr Murray, KY 42071

Estimated Value: $338,000

2 Beds
2 Baths
-- Sq Ft
0.29 Acres

Last Sold October 05, 2022

Last sale price $257,333

Est. 31% increase in value since last sale

Current estimated payment $1,778/month

8 Days on Market

Highlights

  • Eat-In Kitchen
  • Laundry in Utility Room
  • Central Air
  • Murray Elementary School Rated A
  • 1-Story Property

About This Home

As of October 2022

Investment opportunity!!! Large duplex located near MSU campus. Both units currently rented at market rent price. Each unit has three bedrooms and two full bathrooms. The owner currently pays MMU bill (water, sewer, gas, trash), cable/internet and lawn care. Tenants are responsible for electric.

Last Agent to Sell the Property

Kayla Rushing

Kopperud Realty License #272171 Listed on: 08/22/2022

Last Buyer's Agent

Brenda Hines

The Stables Realty Group License #269251

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.29 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for mmu cable/internet lawn
  • Tax Lot 59 Unit 3

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Access: Concrete, Paved Road, Public Road
  • Deed Book Page: 1360/303
  • Laundry Location: Utility Room
  • Style: 1 Story
  • Tv Cable: Cable Installed
  • Estimated Age: 11-20
  • Stories: One
  • Bedrooms Per Unit: Three
  • Full Bathrooms Per Unit: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floor Covering: Laminate
  • Dining Kitchen: Eat-In Kitchen
  • Walls: Dry Wall

Exterior Features

  • Exterior Finish: Brick/Siding
  • Foundation: Slab
  • Roof: Dimensional Shingle

Utilities

  • Electric Company: Murray Electric
  • Cooling: Central Air
  • Gas Company: Murray Natl Gas
  • Heating: Natural Gas
  • Sewer: Public/Municipality
  • Utilities Available: Garbage - Public
  • Water: Y
  • Water Company: Murray Municipal
  • Electric: Y
  • Gas: Y
  • Water: Public/Municipality

Lot Info

  • Lot Number: 59 Unit 3
  • Estimated Number of Acres: 0.29

Rental Info

  • Tenant Pays: electric
  • Owner Pays: MMU, cable/internet, lawn

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Oct 5, 2022
Sold by
Magnolia Group Llc
Bought by
Wolff Brian R
Seller's Agent
Kayla Rushing
Kopperud Realty
Buyer's Agent
Brenda Hines
The Stables Realty Group
List Price
$265,000
Sold Price
$257,333
Premium/Discount to List
-$7,667
-2.89%
Views
15
Current Estimated Value
$338,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,667
Avg. Annual Appreciation
9.19%

Purchase Details

Closed on
Jun 9, 2020
Sold by
Stanger Ryan Scott and Stanger Sarah Faye
Bought by
Stanger Management Development Llc

Purchase Details

Closed on
May 13, 2016
Sold by
Wells & Willis Llc
Bought by
Stanger Ryan
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 Buyer Sale Price Title Company
Wolff Brian R $772,000 --
Stanger Management Development Llc -- None Available
Stanger Ryan $840,000 None Available
Stanger Ryan -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2022 10/05/22 Sold $257,333 -2.9% --
08/22/2022 08/22/22 For Sale $265,000 -- --
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 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $1 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $2,706 $340,000 $0 $0
2015 $2,683 $340,000 $0 $0
2011 $1,003 $137,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kayla Rushing

    Seller's Agent in 2022

    Kayla Rushing

    Kopperud Realty

    (270) 293-0947

    52 Total Sales

    Kayla Rushing
    Section Image
  • Brenda Hines

    Buyer's Agent in 2022

    Brenda Hines

    The Stables Realty Group

    (615) 419-7399

    155 Total Sales

    Brenda Hines
    Section Image
  • Sarah Hines

    Buyer Co-Listing Agent in 2022

    Sarah Hines

    The Stables Realty Group

    (270) 293-2451

    79 Total Sales

    Sarah Hines
    Section Image
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Map

Source: Western Kentucky Regional MLS

MLS Number: 118832

Western Kentucky Regional MLS

APN: 041-V-0003-00059

Kentucky Calloway County Murray 42071

88 Welch Dr, Murray, KY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Western Kentucky Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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