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229 Thomas St

Frankfort, KY 40601

3 bd 2 ba 1,176 sqft Built 1997 Lot 21,780 sqft single_family
Most recent sale
$185,000
Apr 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2022 Sold $185,000 MLS #22005499
Mar 25, 2022 Listed $169,000 MLS #22005499
Jan 21, 2021 Sold $165,000 MLS #20025395
Dec 11, 2020 Listed $160,000 MLS #20025395
Aug 12, 2015 Sold $119,900 Public Record
Oct 24, 2008 Sold $112,500 Public Record
Apr 11, 2006 Sold $108,500 Public Record
Aug 18, 1997 Sold $86,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $185,000 $2,216
2024 $185,000 $2,188
2023 $185,000 $2,166
2021 $126,000 $22,000 $148,000 $1,738
2020 $100,000 $22,000 $122,000 $1,445
2019 $100,000 $22,000 $122,000 $1,476
2018 $97,900 $22,000 $119,900 $1,447
2017 $97,900 $22,000 $119,900 $1,395
2016 $97,900 $22,000 $119,900 $1,367
2015 $90,500 $22,000 $112,500 $1,254
2014 $90,500 $22,000 $112,500 $1,252
2013 $90,500 $22,000 $112,500 $1,215
2012 $90,500 $22,000 $112,500 $1,161
2011 $90,500 $22,000 $112,500 $1,122
2005 $90,500 $22,000 $112,500 $853

Property facts

Year built
1997
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,176 sqft
Lot size
21,780 sqft
ZIP code
40601
City
Frankfort
Street
Thomas St
Coordinates
38.21962, -84.77369

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,764
Gross rental yield
11.44%
Implied cap rate
7.44%
Trend-extrapolated value

Frequently asked questions

When did 229 Thomas St last sell?
229 Thomas St most recently sold on Apr 18, 2022 for $185,000.
What is the current tax assessment for 229 Thomas St?
The most recent total assessment for 229 Thomas St (year 2025) is $185,000 with $2,216 in property tax.
How does 229 Thomas St's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $185,000.
When was 229 Thomas St built?
229 Thomas St was built in 1997.
How does 229 Thomas St compare to others on Thomas St?
We track 8 other properties on Thomas St. Browse the list under "Other properties on Thomas St" to compare beds, baths, and sale history.
What are the property facts for 229 Thomas St?
229 Thomas St is a 3 bed, 2 bath, 1,176 sqft, 21,780 sqft lot single_family.
Is 229 Thomas St a flip candidate?
No — 229 Thomas St does not appear in our flips dataset.
Is 229 Thomas St a tax-appeal candidate?
No — 229 Thomas St 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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