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116 Berea Road

116 Berea Road, Berea, KY 40403
Land in Madison
116 Berea Road has been categorized by the local assessors in Berea, KY as a type of property. The area measurement of the land has been determined as 19,297 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 116 Berea Road sold most recently in Jan 5, 2024 for a total of $223,000. Before that, the property was also sold for $84,000 in Nov 10, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $87,300 in taxes each year. 116 Berea Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $90,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Condition

New Construction

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230820
08/20/2023
Loft
-
-
$50,000
bedrooms
Loft
bathrooms
-
-
-
Tina Neal
Realty World Adams & Associates


Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,297
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EXECUTIVE PARK
  • Land Acres: 0000000443
  • Standard Land Use Code: 1000
  • Legal Description 1: EXECUTIVE PARK LOT 43

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 010901

Geography

  • Account Number: 121661
  • District: 01
  • Parcel: 071A-0000-0043
  • Lot: 43
  • Municipality: COUNTY
  • Latitude: 37.649
  • Longitude: -84.2767

    Address

  • Full Address: 116 Business Ct
  • Address - House Number: 116
  • Address - Street Name: Business
  • Address - Suffix Type: Ct
  • State: KY
  • City Name: Berea
  • Carrier Code: R001
  • 4-Digit Zip Code: 9766
  • Zip Code: 40403

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $87,300
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 318,557
  • High Value: 463,439
  • Low Value: 173,674

    Market Valuation

  • Market Total Value: $90,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,000

    Sales

  • Current Sale Contract Date: Jan 05, 2024
  • Current Sale Recording Date: Jan 09, 2024
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 14185197
  • Previous Sale Recording Date: Nov 21, 2006
  • Previous Sale Contract Date: Nov 10, 2006
  • Previous Sale Amount: $84,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Madison



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Frequently Asked Questions

What neighborhood is 116 Berea Road located in?
The 116 Berea Road is a land located in the neighborhood of Madison in Madison, Berea.
What is the average sales price for listings in 116 Berea Road?
The average sales price for units in 116 Berea Road is $0 currently.