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206 East Street

206 East Street, Franklin, KY 42134
House in Simpson
Sold Mar 03, 2021
$62,500
$50,000 by Farmers Bank & Trust
Mortgage Due Feb 26, 2041
Sold Sep 23, 2019
$33,000
206 East Street has been categorized by the local assessors in Franklin, KY as a residential type of property. The building on the property was first built in 1949 and is 75 years old. The home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 206 East Street has 561 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,060 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,360 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. For the features and amenities located on the property. There is a no garage for those who require parking. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 206 East Street sold most recently in Feb 26, 2021 for a total of $62,500. If you work out the math, that's approximately a cost of $111.41 per sqft. Before that, the property was also sold for $33,000 in Sep 20, 2019. 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 $582 in taxes each year. 206 East Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $62,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Exterior

Vinyl Siding

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Unimproved
  • Garage Type: None
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,360
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 600
  • Total Building Area: 561
  • Building Area: 561
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 561
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 206 EAST STREET

Ownership

  • Current Owner : SOMRACK THOMAS PATRICK
  • Previous Owner : OLIVE J & OAK INVESTMENTS LLC
  • Owner Before Previous Owner: FLOWERS MAMIE E

Neighborhood

  • School District Name: Simpson County School District
  • Census Tract: 970200

Geography

  • Account Number: 6995
  • Parcel: 014-00-15-014.00
  • Municipality: CITY
  • Latitude: 36.7238
  • Longitude: -86.568

    Address

  • Full Address: 206 East St
  • Address - House Number: 206
  • Address - Street Name: East
  • Address - Suffix Type: St
  • State: KY
  • City Name: Franklin
  • Carrier Code: C003
  • 4-Digit Zip Code: 1122
  • Zip Code: 42134

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $582
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 522,643
  • High Value: 750,945
  • Low Value: 294,340

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: FARMERS BANK & TRUST
  • First Open Lien Mortgage Recording Date: Mar 03, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 26, 2041

    Market Valuation

  • Market Total Value: $62,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,500

    Sales

  • Current Sale Contract Date: Feb 26, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Transaction ID: 11823617444
  • Current Sale Price: $62,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1201243
  • Previous Sale Recording Date: Sep 23, 2019
  • Previous Sale Contract Date: Sep 20, 2019
  • Previous Sale Amount: $33,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS BANK & TRUST
  • First Mortgage Transaction Date: Mar 03, 2021
  • First Mortgage Loan Amount: $50,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Feb 26, 2041

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 206 East Street located in?
The 206 East Street is a house located in the neighborhood of Simpson in Franklin, Franklin.
What is the average sales price for listings in 206 East Street?
The average sales price for units in 206 East Street is $0 currently.

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