NOT LISTED FOR SALE

Frankfort, KY 40601

Estimated Value: $162,740

1.01 Acres
$161,129 Price per Acre
43,996 Sq Ft Lot

Last Sold April 29, 2024

Last sale price $50,000

Est. 225% increase in value since last sale

Current estimated payment $978/month

156 Days on Market

About This Lot

As of April 2024

Rare Opportunity! Commercial Lot Opportunity Zone, verifiable, with gas, water, sewer at Lot. Excellent high traffic location! Commercial CORNER lot Wilkinson & Leestown Ln. across from Jim's Seafood . Excellent Exposure Has the potential for a 2nd entrance for Convenience store with Buffalo Trace Distillery entrance nearby 1000'! OPPORTUNITY!

Last Agent to Sell the Property

Samantha Crane

ERA Select Real Estate License #201534 Listed on: 11/10/2023

Last Buyer's Agent

Samantha Crane

ERA Select Real Estate License #201534 Listed on: 11/10/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,509

Lot Details

  • 1.01 Acre Lot
  • Zoning described as Commercial Opp Annex2

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 061-00-00-083-.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,509

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Unimproved Land
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 1.01

Exterior Features

  • List Price: 86500.0

Lot Info

  • Lot Size Acres: 1.01
  • Lot Size Sq Ft: 43995.0
  • Parcel Number: 061-00-00-083-.00
  • Zoning Description: Commercial Opp Annex2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
May 2, 2024
Sold by
Tillett Randy and Tillett Elizabeth
Bought by
Star Corporation
Seller's Agent
Samantha Crane
ERA Select Real Estate
Buyer's Agent
Samantha Crane
ERA Select Real Estate
List Price
$95,000
Sold Price
$50,000
Premium/Discount to List
-$45,000
-47.37%
Current Estimated Value
$162,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,740
Avg. Annual Appreciation
119.63%
Original Mortgage
$155,000
Outstanding Balance
$145,293
Interest Rate
6.79%
Mortgage Type
Seller Take Back
Estimated Equity
$17,447

Purchase Details

Listed on
Nov 10, 2023
Closed on
Apr 29, 2024
Sold by
Nolan Richard J and Nolan Brenda P
Bought by
Tillett Randy D and Tillett Elizabeth R
Seller's Agent
Samantha Crane
ERA Select Real Estate
Buyer's Agent
Samantha Crane
ERA Select Real Estate
List Price
$95,000
Sold Price
$50,000
Premium/Discount to List
-$45,000
-47.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$145,293
Interest Rate
6.79%
Mortgage Type
Seller Take Back
Estimated Equity
$17,447

Purchase Details

Listed on
Jul 28, 2021
Closed on
Nov 19, 2021
Sold by
Harmon Mary M
Bought by
Nolan Richard J
Seller's Agent
Larry Newsome
Rector Hayden Realtors
Buyer's Agent
Larry Newsome
Rector Hayden Realtors
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-31.31%

Purchase Details

Closed on
Apr 5, 2010
Sold by
J True Enterprises Inc
Bought by
Harmon J True and Harmon Mary M
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
Star Corporation $160,000 None Listed On Document
Tillett Randy D $50,000 None Listed On Document
Tillett Randy D $50,000 None Listed On Document
Nolan Richard J $125,000 None Available
Harmon J True -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Star Corporation $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2024 04/29/24 Sold $50,000 -42.2% --
04/15/2024 04/15/24 Pending -- -- --
02/09/2024 02/09/24 Price Changed $86,500 -3.4% --
12/14/2023 12/14/23 Price Changed $89,500 -5.8% --
11/10/2023 11/10/23 For Sale $95,000 -24.0% --
11/19/2021 11/19/21 Sold $125,000 0.0% -- View Prior Sale
11/04/2021 11/04/21 Pending -- -- --
07/28/2021 07/28/21 For Sale -- -- --
07/18/2021 07/18/21 Off Market $125,000 -- --
02/18/2021 02/18/21 Price Changed $149,000 -12.3% --
06/30/2020 06/30/20 Price Changed $169,900 -14.6% --
07/19/2019 07/19/19 For Sale $199,000 -- --
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 $1,509 $125,000 $0 $0
2023 $1,494 $125,000 $0 $0
2022 $241 $125,000 $0 $0
2021 $1,821 $155,000 $0 $0
2020 $1,185 $100,000 $100,000 $0
2019 $1,210 $100,000 $100,000 $0
2018 $1,207 $100,000 $100,000 $0
2017 $199 $100,000 $100,000 $0
2016 $1,141 $100,000 $100,000 $0
2015 -- $100,000 $100,000 $0
2011 -- $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Samantha Crane

    ERA Select Real Estate

  • L

    Seller's Agent in 2021

    Larry Newsome

    Rector Hayden Realtors

    Section Image
  • Gary Denton

    Seller Co-Listing Agent in 2021

    Gary Denton

    Rector Hayden Realtors

    (859) 685-2208

    62 Total Sales

    Gary Denton
    Section Image
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Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23021754

ImagineMLS (Bluegrass REALTORS®)

APN: 061-00-00-083.00

Kentucky Franklin County Frankfort

40601

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