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4061 KY Route 1409

Oil Springs, KY 41238

2 bd 2 ba 1,664 sqft Built 2014 Lot 1,960,200 sqft single_family
Most recent sale
$220,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $220,000 MLS #116631
Feb 28, 2022 Listed $215,000 MLS #116631
May 28, 2021 Sold $172,000 MLS #115121
May 8, 2020 Sold $155,000 MLS #113705
Dec 31, 2018 Listed $159,000 MLS #111539
Dec 25, 2017 Listing removed $180,000 EasternKentucky
Jun 24, 2017 Listed $180,000 MLS #108692
Sep 8, 2016 Listing removed $199,000 EasternKentucky
Sep 7, 2016 Listed $199,000 MLS #107472

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $5,000 $5,000 $51
2023 $5,000 $5,000 $51
2022 $5,000 $5,000 $50
2021 $5,000 $5,000 $50
2020 $5,000 $5,000 $47
2019 $5,000 $5,000 $46
2018 $5,000 $5,000 $45
2017 $2,500 $2,500 $22
2016 $2,500 $2,500 $22
2014 $2,500 $2,500 $19
2012 $1,000 $5,000 $6,000 $44

Property facts

Year built
2014
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,664 sqft
Lot size
1,960,200 sqft
ZIP code
41238
City
Oil Springs
Street
KY Route 1409
Coordinates
37.85475, -82.96213

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,496
Gross rental yield
13.61%
Implied cap rate
8.85%
Trend-extrapolated value

Frequently asked questions

When did 4061 KY Route 1409 last sell?
4061 KY Route 1409 most recently sold on Apr 15, 2022 for $220,000.
What is the current tax assessment for 4061 KY Route 1409?
The most recent total assessment for 4061 KY Route 1409 (year 2025) is $5,000 with $51 in property tax.
How does 4061 KY Route 1409's assessment compare to its last sale price?
The current assessment is 97.7% below the last sale price of $220,000.
When was 4061 KY Route 1409 built?
4061 KY Route 1409 was built in 2014.
How does 4061 KY Route 1409 compare to others on KY Route 1409?
We track 2 other properties on KY Route 1409. Browse the list under "Other properties on KY Route 1409" to compare beds, baths, and sale history.
What are the property facts for 4061 KY Route 1409?
4061 KY Route 1409 is a 2 bed, 2 bath, 1,664 sqft, 1,960,200 sqft lot single_family.
Is 4061 KY Route 1409 a flip candidate?
Yes — 4061 KY Route 1409 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4061 KY Route 1409 a tax-appeal candidate?
No — 4061 KY Route 1409 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
+5.7%
Implied 1-yr
+22.6%
2025 Q4
$238.5K
2026 Q1
$248.4K
ZIP 41238 — Median Price History + Forecast

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