$167,500
SOLD SEP 18, 2020

902 Main St Paris, KY 40361

4 Beds
4 Baths
4,014 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$42 Per Sq Ft

40% Below List Price

160 Days on Market

Highlights

  • Guest House
  • No HOA
  • Eat-In Kitchen
  • Wood Flooring
  • Home Office
  • 3-minute walk to Secretariat Park

About This Home

As of September 2020

Come and take your place in Bourbon County and Hemp History in this c.1805 Federal house at the edge of the downtown Paris business district. Significant recent updates include new electric, HVAC & plumbing systems, roof, and commercial kitchen. The second floor offers a self contained residential apartment available for market rent or could be used by the ground floor business's owner / staff. The lot dimensions offer space for expanding the onsite parking to approximately 12 car spaces. Original, intact, interior elements include ash floors, stairway, period mouldings and sunburst mantles. Known as 'Alexander House' and believed to be one of the oldest surviving residences in Paris, the home was built for county attorney and politician William W. Alexander, whose father engaged in hemp manufacturing in the early 19th century on a 2,000 acre estate nearby, which included a 600' long 'ropewalk' (where fibers were woven into rope, etc), said to be one of the world's longest. Zoned B-1.

Last Agent to Sell the Property

Gary Wrenn

Wrenn Realty License #182200 Listed on: 02/14/2020

Last Buyer's Agent

Michael Quinn

Fortune Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $652

Year Built

  • Built in 1810

Home Design

  • Stone Foundation
  • Shingle Roof
  • Masonry

Interior Spaces

  • 4,014 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Insulated Windows
  • Insulated Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Eat-In Kitchen

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Unfinished Basement

  • Partial Basement
  • Walk-Up Access

Parking

  • Garage
  • Rear-Facing Garage
  • Off-Street Parking

Schools

  • Not Applicable Middle School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • 6,970 Sq Ft Lot
  • Guest House

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 026.50.28.003.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$652

Year Built

Built in 1810

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1810
  • Levels: Two
  • New Construction: No
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2020-02-12
  • General Property Description:Lot Size Acres: 0.16
  • General Property Description:Below Grade Unfinished Area: 792.0
  • General Property Description:Waterfront: No
  • Utilities:Electricity2: Electricity Connected
  • Stories:Two2: Yes
  • Basement: Yes
  • Flooring:Hardwood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Utilities:Natural Gas3: Natural Gas Connected
  • Cooling:Electric2: Yes
  • Cooling:Heat Pump3: Yes
  • Flooring:Concrete2: Yes
  • Roof:Shingle: Yes
  • Flooring:Wood4: Yes
  • Foundation Details:Stone3: Yes
  • Cooling:Zoned: Yes
  • Kitchen Level: First
  • Bathroom 1 Level: Second
  • Bedroom 1 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Bathroom 2 Level: First
  • Other Structures:Guest House: Yes
  • General Property Description:Finished Area Total: 4014.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen, In-Law Floorplan, Entrance Foyer
  • Flooring: Concrete, Hardwood, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Basement: Partial, Unfinished, Walk-Up Access
  • Total Bedrooms: 4
  • Lot Size Area: 0.16
  • Other Equipment: Guest House
  • Window Features: Insulated Windows
  • Basement:Unfinished2: Yes
  • Fireplace Features:Fireplace YN: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Eat-in Kitchen2: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement:Partial: Yes
  • Basement:Walk-Up Access: Yes
  • Fireplace Features:Masonry2: Yes
  • Fireplace Features:Family Room3: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Fireplace Features:Living Room3: Yes
  • Fireplace Features:Dining Room3: Yes
  • Family Room Level: First
  • Foyer Level: First
  • Den Level: First
  • General Property Description:_pound_ of Half Baths: 2

Exterior Features

  • Construction Materials: Solid Masonry
  • List Price: 175000.0
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Solid Masonry: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Features: Off Street, Garage Faces Rear
  • Garage Features:Garage YN: No
  • Parking Features:Off Street2: Yes
  • Garage Features:Garage Faces Rear: Yes

Utilities

  • Heating: Forced Air, Heat Pump, Electric, Natural Gas
  • Cooling: Electric, Heat Pump, Zoned
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Electric: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.61
  • Parcel Number: 026.50.28.003.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Sep 18, 2020
Sold by
Pleasanton Goods Llc
Bought by
Quinnstone Properties Llc
Seller's Agent
Gary Wrenn
Wrenn Realty
Buyer's Agent
Michael Quinn
Fortune Realty, LLC
List Price
$279,000
Sold Price
$167,500
Premium/Discount to List
-$111,500
-39.96%
Current Estimated Value
$237,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,009
Avg. Annual Appreciation
7.13%
Original Mortgage
$134,000
Outstanding Balance
$110,023
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$124,100
Source: Public Records

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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 $167,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $134,000 New Conventional
Previous Owner $135,000 Commercial
Previous Owner $136,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $167,500 -4.3% $42 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
04/22/2020 04/22/20 Price Changed $175,000 -37.3% $44 / Sq Ft
02/12/2020 02/12/20 For Sale $279,000 -- $70 / 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
2024 $652 $190,000 $10,000 $180,000
2023 $576 $167,500 $10,000 $157,500
2022 $599 $167,500 $10,000 $157,500
2021 $630 $167,500 $10,000 $157,500
2020 $467 $120,000 $5,000 $115,000
2019 $298 $73,000 $3,000 $70,000
2018 $310 $73,000 $3,000 $70,000
2017 $311 $73,000 $3,000 $70,000
2016 $312 $73,000 $3,000 $70,000
2015 $320 $37,250 $3,000 $34,250
2014 $320 $25,000 $0 $25,000
2011 $320 $81,000 $0 $81,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20003231

ImagineMLS (Bluegrass REALTORS®)

APN: 026-50-28-003.00