NOT LISTED FOR SALE

980 Jacob Dr Williamstown, KY 41097

Estimated Value: $504,000 - $572,000

2 Beds
1 Bath
-- Sq Ft
0.27 Acres

Last Sold November 01, 2022

Last sale price $455,000

Est. 17% increase in value since last sale

Current estimated payment $3,341/month

5 Days on Market

Highlights

  • Docks
  • Lake View
  • Bonus Room
  • Lake On Lot
  • Waterfront
  • Cottage

About This Home

As of November 2022

This darling lake front cottage with a panoramic view of Williamstown Lake is currently used as a VERY SUCCESSFUL short term rental property. Located out of the main drag but not in a cove. Property features a pier walkway, 2 sun decks and dock with 2 slips & electric lifts. This SMART INVESTMENT PROPERTY is a CASH COW! Booked almost solid through 2023. $195/night - 2 night minimum stay. Dock is in need of roof repair. Video security is in use.

Last Agent to Sell the Property

Monica Howe

Huff Realty - Florence License #229762 Listed on: 09/19/2022

Huff Realty - Florence

Last Buyer's Agent

Monica Howe

RE/MAX Victory + Affiliates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,156

Lot Details

  • 0.27 Acre Lot
  • Waterfront
  • Property fronts a county road
  • Year Round Access
  • Sloped Lot

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof
  • Block And Beam Construction

Interior Spaces

  • 1-Story Property
  • Non-Functioning Fireplace
  • Aluminum Window Frames
  • Family Room
  • Bonus Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Docks
  • Lake On Lot
  • Enclosed Patio or Porch
  • Fire Pit
  • Outdoor Grill

Schools

  • Williamstown Elementary School
  • Williamstown Independent Middle School
  • Williamstown High School

Utilities

  • Multiple cooling system units
  • Heating Available
  • Septic Tank

Community Details

  • Voluntary Membership Association
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 067-05-00-216.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,156

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Cooling: Multi Units
  • Property Condition: Existing Structure
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.27
  • Lot Size: Irregular
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Directions: I-75 to Barnes Rd. exit, East off exit to Right on US 25 South, Left onto Humes Ridge Rd; Right onto Jacob.
  • Architectural Style: Cottage
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: House
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Property Attached YN: No
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Williamstown Elementary
  • Location Tax Legal Info:Middle or Junior School: Williamstown Independent
  • Location Tax Legal Info:High School: Williamstown High
  • Contract Info:Auction YN: No
  • General Property Description:Basement YN2: No
  • General Property Description:Fireplace YN: Yes
  • General Property Description:Lot Size Dimensions: Irregular
  • Roof:Shingle: Yes
  • Room Type:Family Room4: Yes
  • Levels:One: Yes
  • Utilities Electric Company: City of Williamstown
  • Water Company: City of Williamstown
  • Water Source:Public: Yes
  • Room Details:Family Room YN: Yes
  • Room Details:Formal Dining Rm YN: No
  • General Property Description:Lot Size Acres: 0.2692
  • General Property Description:Lot Size Square Feet: 11725.0
  • Structure Type:House: Yes
  • Security Features:Smoke Detector(s): Yes
  • Location Tax Legal Info:Tax ID: 067-05-00-216.00
  • Appliances Refrigerators: Yes
  • General Property Description:Fireplaces Total: 1
  • Room Type:Bonus Room2: Yes
  • Road Frontage Type:County Road: Yes
  • Architecture:Cottage: Yes
  • Foundation:Slab: Yes
  • Property Ownership:Corporate: Yes
  • Cooling:Multi Units: Yes
  • View:Lake2: Yes
  • Special Features: None

Interior Features

  • Heating: Electric
  • Levels: One
  • Property Type: Residential
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Inoperable
  • Fireplaces: 1
  • Fireplace: Yes
  • Window Features: Aluminum Frames
  • Appliances:Electric Oven: Yes
  • Family Room Features:See Remarks6: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Inoperable: Yes
  • Kitchen Features:See Remarks8: Yes
  • Primary Bedroom Features:See Remarks16: Yes
  • Primary Bath Features:See Remarks15: Yes

Exterior Features

  • View: Lake
  • Roof: Shingle
  • Lot Features: Sloped, Waterfront
  • View: Yes
  • Construction Type: Block
  • Exterior Features: Fire Pit, Dock, Outdoor Grill
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Enclosed, Porch
  • Patio and Porch Features:Covered: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Block3: Yes
  • Lot Features:Sloped: Yes
  • Exterior Features:Fire Pit: Yes
  • Exterior Features:Outdoor Grill: Yes
  • Patio and Porch Features:Enclosed: Yes
  • Window Features:Aluminum Frames: Yes
  • Lot Features:Waterfront: Yes
  • Exterior Features:Dock: Yes
  • Lot Features:Lake On Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Off Street
  • Parking Features:Driveway: Yes
  • Parking Features:Off Street2: Yes

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Electric2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: Lake Year Round
  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Information:Association YN: Yes
  • Association Information:Association Management Name 1: Voluntary Membership
  • Association Information:Association Management Phone 1: 000-000-0000
  • Association Information:Total Yearly Fees: 250.0
  • Association Information:Association Fee: 250.0
  • Association Information:Association Fee Frequency: Annually
  • Association Amenities:Lake Year Round: Yes

Schools

  • Elementary School: Williamstown Elementary
  • Junior High Dist: Williamstown Indep
  • High School: Williamstown High
  • Middle Or Junior School: Williamstown Independent

Lot Info

  • Lot Size Sq Ft: 11725.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Oct 31, 2022
Sold by
Pflp Llc
Bought by
Pickens Michael W and Pickens Phyllis L
Seller's Agent
Monica Howe
Huff Realty - Florence
Buyer's Agent
Monica Howe
RE/MAX Affiliates
List Price
$475,000
Sold Price
$455,000
Premium/Discount to List
-$20,000
-4.21%
Views
15
Current Estimated Value
$530,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,353
Avg. Annual Appreciation
4.37%
Original Mortgage
$364,000
Outstanding Balance
$348,712
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$164,209

Purchase Details

Closed on
Jun 14, 2018
Sold by
Carrothers Patrick and Carrothers Nancy B
Bought by
Pflp Llc
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
Pickens Michael W $455,000 --
Pflp Llc $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pickens Michael W $364,000
Previous Owner Pelp Llc $500,800
Previous Owner Carrothers Nancy B $50,000
Previous Owner Carrothers Patrick $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $455,000 -4.2% --
09/26/2022 09/26/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $475,000 -- --
Source: Northern Kentucky Multiple Listing Service

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 $5,156 $445,000 $0 $0
2023 $4,716 $445,000 $0 $0
2022 $2,103 $195,000 $0 $0
2021 $2,095 $195,000 $0 $0
2020 $2,095 $195,000 $0 $0
2019 $2,134 $195,000 $0 $0
2018 $773 $105,000 $0 $0
2017 $665 $95,000 $0 $0
2014 $999 $95,000 $0 $0
2012 $848 $85,000 $25,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 608018

Northern Kentucky Multiple Listing Service

APN: 067-05-00-216.00