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1171 Loop Rd

Falmouth, KY 41040

3 bd 1,568 sqft Built 1997 Lot 193,842 sqft land
Most recent sale
$34,000
Feb 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2025 Price changed $69,000 ImagineMLS
Sep 6, 2025 Listed $79,000 ImagineMLS
Feb 21, 2022 Sold $34,000 MLS #554683
Jan 4, 2022 Price changed $35,000 MLS #554683
Nov 28, 2021 Price changed $39,000 MLS #554683
Nov 10, 2021 Listed $42,900 MLS #554683
Aug 2, 2016 Sold $25,002 MLS #442188
Jul 2, 2015 Listed $50,000 MLS #445339
Jun 3, 2015 Relisted $29,900 MLS #442188
May 19, 2015 Listing removed $29,900 NKentucky
May 15, 2015 Price changed $29,900 MLS #442188
Apr 15, 2015 Listed $32,900 MLS #442188

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $40,000 $540
2020 $40,000 $546
2019 $40,000 $10
2018 $40,000 $548
2017 $40,000 $537
2016 $40,000 $526
2015 $57,000 $748
2014 $75,000 $950
2013 $75,000 $941
2012 $75,000 $930
2011 $55,000 $20,000 $75,000 $916
2010 $90,000 $1,049
2009 $90,000 $925
2006 $85,000 $802

Property facts

Year built
1997
Property type
land
Stories
Beds
3
Baths
Living area
1,568 sqft
Lot size
193,842 sqft
ZIP code
41040
City
Falmouth
Street
Loop Rd
Coordinates
38.67921, -84.29399

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$204
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1171 Loop Rd last sell?
1171 Loop Rd most recently sold on Feb 21, 2022 for $34,000.
What is the current tax assessment for 1171 Loop Rd?
The most recent total assessment for 1171 Loop Rd (year 2021) is $40,000 with $540 in property tax.
How does 1171 Loop Rd's assessment compare to its last sale price?
The current assessment is 17.6% above the last sale price of $34,000.
When was 1171 Loop Rd built?
1171 Loop Rd was built in 1997.
How does 1171 Loop Rd compare to others on Loop Rd?
We track 5 other properties on Loop Rd. Browse the list under "Other properties on Loop Rd" to compare beds, baths, and sale history.
What are the property facts for 1171 Loop Rd?
1171 Loop Rd is a 3 bed, 1,568 sqft, 193,842 sqft lot land.
Is 1171 Loop Rd a flip candidate?
No — 1171 Loop Rd does not appear in our flips dataset.
Is 1171 Loop Rd a tax-appeal candidate?
Yes — 1171 Loop Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.9%
Implied 1-yr
-11.5%
2026 Q2
$123.2K
2026 Q3
$118.9K
ZIP 41040 — Median Price History + Forecast

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