See Home Value
Nicholasville 40356
506 East Chestnut Street
$148,524*
House - Off Market

506 East Chestnut Street

Nicholasville, KY 40356
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1590 Sqft
$126,000 - $154,000
Reference Base Price*
6.09%
Since Jan 1, 2023
National-US
Primary Model
Sold Dec 21, 2022
$125,000
$127,226 by Merryman Dan
Mortgage Due Dec 05, 2028
Sold Feb 12, 2020
$70,600
$60,000 by City National Bank Of West Vir
Mortgage Due Feb 10, 2040

About This Property

This is a 3 bedroom, 2 bath investment property. It has tenants in it with a lease till August of 2023, Home is being sol AS IS, It does need some TLC. Need 24-48 hour lead time to show.

The manager has listed the unit size as 1590 square feet.
Unit Size
1,590Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$88
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Dec 22, 2022 No longer available -
No longer available
Dec 21, 2022 Sold $125,000
Sold
Dec 3, 2022 Listed $140,000
Listed
Feb 12, 2020 Sold to Jeffrey Schroeder, Rebecca ... $70,600
Sold to Jeffrey Schroeder, Rebecca ...

Property Highlights

Garage

Building Info

Overview

    General

  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,257
  • Total Building Area: 1,573
  • Building Area: 1,573
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,573
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOXWOOD DRIVE
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1& PAR B

Ownership

  • Current Owner : BANYAN HOLDINGS LLC
  • Previous Owner : SCHROEDER JEFFREY
  • Previous Owner 2: SCHROEDER REBECCA
  • Owner Before Previous Owner: SCHROEDER DAVID
  • Owner Before Previous Owner 2: SCHROEDER KATHY
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jessamine County School District
  • Census Tract: 060502

Geography

  • Parcel: 058-20-25-057.01
  • Municipality: NICHOLASVILLE
  • Latitude: 37.8783
  • Longitude: -84.5698

    Address

  • Full Address: 506 E Chestnut St
  • Address - House Number: 506
  • Street Direction: E
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: KY
  • City Name: Nicholasville
  • Carrier Code: C002
  • 4-Digit Zip Code: 1510
  • Zip Code: 40356

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,328
  • Tax Rate Code Area: A

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 312,494
  • High Value: 454,619
  • Low Value: 170,368

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $127,226
  • First Open Lien Mortgage Lender: MERRYMAN DAN
  • First Open Lien Mortgage Recording Date: Jan 17, 2024
  • First Open Lien Mortgage Loan Amount: $127,226
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 05, 2028
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $125,000
  • Market Land Value: $20,000
  • Market Improvement Value: $105,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,000
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $105,000

    Sales

  • Current Sale Contract Date: Dec 21, 2022
  • Current Sale Recording Date: Dec 21, 2022
  • Current Sale Transaction ID: 11900162359
  • Current Sale Price: $125,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 436723
  • Previous Sale Recording Date: Feb 12, 2020
  • Previous Sale Contract Date: Feb 10, 2020
  • Previous Sale Amount: $70,600
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERRYMAN DAN
  • First Mortgage Transaction Date: Dec 21, 2022
  • First Mortgage Loan Amount: $127,226
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Dec 05, 2023

    Previous Mortgages

  • Previous Mortgage Lender: CITY NATIONAL BANK OF WEST VIR
  • Previous Mortgage Transaction Date: Feb 12, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $60,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 10, 2040



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
Townhouse
2 Beds
1.5 Baths
1,192 ft²
$105/ft²
$124,900 Oct 25, 2022
-
-
In Contract
Townhouse
2 Beds
1.5 Baths
1,192 ft²
$105/ft²
$124,900 Oct 25, 2022
-
-
In Contract
Townhouse
2 Beds
1.5 Baths
1,192 ft²
$105/ft²
$124,900 Oct 25, 2022
-
-
Land
Loft
-
-
$145,000 Oct 27, 2022
-
-
Land
Loft
-
-
$145,000 Oct 27, 2022
-
-
Land
Loft
-
-
$145,000 Mar 1, 2023
-
-
Land
Loft
-
-
$130,000 Oct 27, 2022
-
-
Land
Loft
-
-
$125,000 Feb 28, 2023
-
-
Land
Loft
-
-
$125,000 Oct 27, 2022
-
-
Land
Loft
-
-
$125,000 Feb 28, 2023
-
-
Land
Loft
-
-
$125,000 Feb 28, 2023
-
-
Land
Loft
-
-
$122,000 Feb 28, 2023
-
-

About Nicholasville


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Frequently Asked Questions

When was property at 506 East Chestnut Street built and last sold?
The property at 506 East Chestnut Street was built in and last sold on Dec 21, 2022 for $125,000.
How much is this home worth?
The estimated value of the home located at 506 East Chestnut Street is $148,130.
What are some comparable homes to 506 East Chestnut Street?
There are currently no comparable homes to 506 East Chestnut Street.

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