Now is the perfect time to invest in downtown Paris! The rejuvenated Main Street is thriving with energy, new businesses, and Secretariat Park opening! Here is a perfect opportunity to acquire an established business with 73 years of Paris history! The colonial home of Dr. and Mrs. Hart was turned into the Inn & Motel in 1950. With 8 exterior units, and 4 rooms in the Main House, this is a rare opportunity to acquire an impressive ROI generating, cash flowing business out of the gate! Nestled in the heart of Thoroughbred country, this Bourbon County gem is ready for it's next chapter!
Sold for $532,500
$532,500
1493 Main St, Paris, KY 40361
--beds
0baths
5,632sqft
Multi Family
Built in 1890
-- sqft lot
$562,000 Zestimate®
$95/sqft
$981 Estimated rent
Home value
$562,000
$511,000 - $618,000
$981/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Joshua Webb 859-388-4785,
Real Broker, LLC
Bought with:
Joshua Webb, 260937
Real Broker, LLC
Source: Imagine MLS,MLS#: 23021399
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Interior area
- Total structure area: 5,632
- Total interior livable area: 5,632 sqft
Property
Lot
- Size: 0.48 Acres
Details
- Parcel number: 0265002009.00
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1890
Community & HOA
Community
- Subdivision: Downtown
Location
- Region: Paris
Financial & listing details
- Price per square foot: $95/sqft
- Tax assessed value: $480,000
- Annual tax amount: $1,646
- Date on market: 11/5/2023
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2024 | Sold | $532,500-9.7%$95/sqft |
Source:  Imagine MLS #23021399 Report a problem | ||
| 12/5/2023 | Contingent | $589,900$105/sqft |
Source: Imagine MLS #23021399 Report a problem | ||
| 11/5/2023 | Listed for sale | $589,900-1.7%$105/sqft |
Source: Imagine MLS #23021399 Report a problem | ||
| 11/2/2023 | Listing removed | -- |
Source: Imagine MLS #23003774 Report a problem | ||
| 3/3/2023 | Listed for sale | $599,900+25%$107/sqft |
Source: Imagine MLS #23003774 Report a problem | ||
| 12/10/2021 | Sold | $480,000+28%$85/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/18/2018 | Listing removed | $375,000$67/sqft |
Source: Owner Report a problem | ||
| 3/17/2018 | Listed for sale | $375,000+15.4%$67/sqft |
Source: Owner Report a problem | ||
| 10/16/2016 | Listing removed | $325,000$58/sqft |
Source: Owner Report a problem | ||
| 7/18/2016 | Listed for sale | $325,000-7.1%$58/sqft |
Source: Owner Report a problem | ||
| 10/2/2011 | Listing removed | $350,000$62/sqft |
Source: RE/MAX Creative Realty #1106402 Report a problem | ||
| 4/2/2011 | Listed for sale | $350,000+100%$62/sqft |
Source: Rector-Hayden Realtors #1106402 Report a problem | ||
| 9/14/2000 | Sold | $175,000$31/sqft |
Source:  Imagine MLS #2004805 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,646 -2.3% | $480,000 +87.5% |
| 2023 | $1,684 +111.8% | $256,000 +17.4% |
| 2022 | $795 -5% | $218,000 |
| 2021 | $837 +9.5% | $218,000 +21.1% |
| 2018 | $765 | $180,000 |
| 2017 | $765 +2.7% | $180,000 |
| 2016 | $744 | $180,000 |
| 2015 | $744 +4.7% | $180,000 |
| 2014 | $711 | $180,000 |
Find assessor info on the county website
Neighborhood: 40361
Nearby homes
- $199,3003 bd1 ba1.1k sqft1495 Main St, Paris, KY 40361Off Market
- $50,8002 bd1 ba1.1k sqft1495 Main St, Paris, KY 40361Off Market
- $147,1002 bd1 ba931 sqft16 15th St, Paris, KY 40361Off Market
- $107,6002 bd1 ba962 sqft18 15th St, Paris, KY 40361Off Market
- $130,1002 bd1 ba1k sqft20 15th St, Paris, KY 40361Off Market
- $235,0004 bd3 ba2.7k sqft1499 Main St, Paris, KY 40361Sold
- $136,1002 bd1 ba1.3k sqft24 15th St, Paris, KY 40361Off Market
- $197,0002 bd1 ba1.9k sqft28 15th St, Paris, KY 40361Off Market
Nearby schools
GreatSchools rating
- 2/10Paris Elementary SchoolGrades: K-5Distance: 0.1 mi
- 3/10Paris Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Paris High SchoolGrades: 9-12Distance: 0.7 mi
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$562,000
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$573,240
- Kentucky
- Bourbon County
- Paris
- 40361
- 1493 Main St
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