NOT LISTED FOR SALE

94 Bar x Ln Kuttawa, KY 42055

Estimated Value: $697,013

-- Bed
-- Bath
-- Sq Ft
15.75 Acres

Last Sold September 11, 2023

Last sale price $1,025,000

Est. 32% decrease in value since last sale

Current estimated payment $4,544/month

213 Days on Market

Highlights

  • 15.75 Acre Lot
  • 1-Story Property
  • Lot Has A Rolling Slope
  • Wooded Lot

About This Home

As of September 2023

INVESTORS DREAM with 100% occupancy for the past several years! This rejuvenated 15.75 acre mobile home park is a rare one and has plenty of room for expansion. You won't be able to find a better location being just a couple miles from Lake Barkley and I-24, attracting tons of locals and tourists. The park consists of 49 total lots(8 lots with park-owned homes). Each lot has individually metered water, sewage, and electric. This low maintenance and high demand business model is looking for a new owner! See Virtual tour for a fly through of the park!

Last Agent to Sell the Property

Kartik Patel

Keller Williams Experience Realty Paducah Branch License #246335 Listed on: 12/05/2022

Keller Williams Experience Realty Paducah Branch

Last Buyer's Agent

Kartik Patel

Keller Williams Experience Realty Paducah Branch License #246335 Listed on: 12/05/2022

Keller Williams Experience Realty Paducah Branch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,954

Lot Details

  • 15.75 Acre Lot
  • Property fronts a highway
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

Additional Features

  • 1-Story Property
  • Well

Community Details

  • 9 Units

Listing and Financial Details

  • Tenant pays for ask agent
  • The owner pays for ask agent

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,954

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Five Or More
  • Access: Blacktop, Paved Road, Public Road, Private Road, State Highway
  • Deed Book Page: 128/50 & 177/314
  • Land Use Topography: Rolling, Wooded
  • Estimated Age: Unknown
  • Stories: One
  • Annual Occupancy Percent: 100
  • Bedrooms Per Unit: Varies by Unit
  • Full Bathrooms Per Unit: Varies by Unit
  • Half Bathrooms Per Unit: Varies by Unit
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Electric Company: Kenergy Electric
  • Sewer: Public/Municipality
  • Utilities Available: Garbage - Private, Street Lights
  • Water: Y
  • Water Company: Kuttawa Water
  • Electric: Y
  • Water: Public/Municipality, Well

Schools

  • Elementary School: Lyon County
  • Middle School: Lyon County
  • High School: Lyon County

Lot Info

  • Estimated Number of Acres: 15.75
  • Location: County, Highway Frontage

Rental Info

  • Tenant Pays: Ask Agent
  • Owner Pays: Ask Agent

Multi Family

  • Number Of Units: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2020
Sold by
Davis Jess and Davis Patti Mcmanus
Bought by
Bar X Mobile Home Park Llc
Current Estimated Value
$697,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$8,066
Interest Rate
3%
Mortgage Type
Credit Line Revolving
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
Bar X Mobile Home Park Llc $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bar X Mobile Home Park Llc $450,000
Previous Owner Davis Jess $80,674
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 Sold $1,025,000 -4.2% --
07/06/2023 07/06/23 Pending -- -- --
06/27/2023 06/27/23 Price Changed $1,070,000 -13.4% --
05/01/2023 05/01/23 Price Changed $1,235,000 -5.0% --
12/05/2022 12/05/22 For Sale $1,300,000 -- --
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 $8,954 $1,040,000 $0 $0
2023 $8,450 $952,625 $0 $0
2022 $8,678 $952,625 $0 $0
2021 $4,725 $500,000 $0 $0
2020 $1,374 $185,000 $0 $0
2019 $1,379 $185,000 $0 $0
2018 $1,381 $185,000 $0 $0
2017 $1,384 $185,000 $0 $0
2016 $1,489 $195,000 $0 $0
2015 -- $195,000 $0 $0
2013 -- $195,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Kentucky Regional MLS

MLS Number: 120107

Western Kentucky Regional MLS

APN: 11-22