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1509 Flat Gap Rd

Berea, KY 40403

3 bd 2 ba 1,128 sqft Built 2019 Lot 20,909 sqft mobile
Most recent sale
$100,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $100,000 MLS #22007863
Apr 23, 2022 Listed $100,900 MLS #22007863
Oct 13, 2021 Price changed $119,900 MLS #20118098
Aug 24, 2021 Listed $129,900 MLS #20118098
Nov 19, 2020 Sold $70,000 MLS #20023130

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $70,000 $70,000 $569
2024 $70,000 $70,000 $573
2023 $70,000 $70,000 $579
2022 $70,000 $242
2021 $70,000 $578
2020 $2,000 $16
2019 $2,000 $16
2018 $2,000 $16
2016 $3,200 $25
2015 $3,200 $25
2013 $3,200 $24
2011 $3,200 $23
2008 $3,200 $22

Property facts

Year built
2019
Property type
mobile
Stories
1
Beds
3
Baths
2
Living area
1,128 sqft
Lot size
20,909 sqft
ZIP code
40403
City
Berea
Street
Flat Gap Rd
Coordinates
37.53138, -84.33472

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1509 Flat Gap Rd last sell?
1509 Flat Gap Rd most recently sold on Jun 17, 2022 for $100,000.
What is the current tax assessment for 1509 Flat Gap Rd?
The most recent total assessment for 1509 Flat Gap Rd (year 2025) is $70,000 with $569 in property tax.
How does 1509 Flat Gap Rd's assessment compare to its last sale price?
The current assessment is 30.0% below the last sale price of $100,000.
When was 1509 Flat Gap Rd built?
1509 Flat Gap Rd was built in 2019.
How does 1509 Flat Gap Rd compare to others on Flat Gap Rd?
We track 8 other properties on Flat Gap Rd. Browse the list under "Other properties on Flat Gap Rd" to compare beds, baths, and sale history.
What are the property facts for 1509 Flat Gap Rd?
1509 Flat Gap Rd is a 3 bed, 2 bath, 1,128 sqft, 20,909 sqft lot mobile.
Is 1509 Flat Gap Rd a flip candidate?
Yes — 1509 Flat Gap Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1509 Flat Gap Rd a tax-appeal candidate?
No — 1509 Flat Gap Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.6%
Implied 1-yr
+14.3%
2026 Q3
$296.4K
2026 Q4
$305K
ZIP 40403 — Median Price History + Forecast

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