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640 Dry Ridge Rd

Frankfort, KY 40601

1 bd 1 ba 623 sqft Lot 8,790,408 sqft farm
Most recent sale
$425,000
Mar 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 25, 2022 Sold $425,000 MLS #20116450
Oct 11, 2021 Price changed $499,000 MLS #20116450
Sep 2, 2021 Price changed $524,900 MLS #20116450
Aug 10, 2021 Listed $549,900 MLS #20116450

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $55,000 $59,795 $114,795 $1,348
2020 $55,000 $59,795 $114,795 $1,360
2019 $44,200 $54,820 $99,020 $1,198
2018 $44,200 $54,820 $99,020 $1,195
2017 $44,200 $54,820 $99,020 $1,152
2016 $44,200 $38,105 $82,305 $938
2015 $44,200 $38,105 $82,305 $918
2014 $44,200 $38,105 $82,305 $916
2013 $44,200 $38,105 $82,305 $889
2012 $44,200 $38,105 $82,305 $849
2011 $44,200 $38,105 $82,305 $821
2005 $44,200 $38,105 $82,305 $526

Property facts

Year built
Property type
farm
Stories
1
Beds
1
Baths
1
Living area
623 sqft
Lot size
8,790,408 sqft
ZIP code
40601
City
Frankfort
Street
Dry Ridge Rd
Coordinates
38.28177, -84.94995

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,550
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 640 Dry Ridge Rd last sell?
640 Dry Ridge Rd most recently sold on Mar 25, 2022 for $425,000.
What is the current tax assessment for 640 Dry Ridge Rd?
The most recent total assessment for 640 Dry Ridge Rd (year 2021) is $114,795 with $1,348 in property tax.
How does 640 Dry Ridge Rd's assessment compare to its last sale price?
The current assessment is 73.0% below the last sale price of $425,000.
When was 640 Dry Ridge Rd built?
The year built for 640 Dry Ridge Rd is not in our records.
How does 640 Dry Ridge Rd compare to others on Dry Ridge Rd?
We track 8 other properties on Dry Ridge Rd. Browse the list under "Other properties on Dry Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 640 Dry Ridge Rd?
640 Dry Ridge Rd is a 1 bed, 1 bath, 623 sqft, 8,790,408 sqft lot farm.
Is 640 Dry Ridge Rd a flip candidate?
No — 640 Dry Ridge Rd does not appear in our flips dataset.
Is 640 Dry Ridge Rd a tax-appeal candidate?
No — 640 Dry Ridge 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
+2.9%
Implied 1-yr
+11.5%
2026 Q3
$345.6K
2026 Q4
$353.9K
ZIP 40601 — Median Price History + Forecast

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