For SaleRisky Deal23 days on market
3020 Mason Way
3020 Mason Way, Shelbyville, KY 40065, Shelbyville, KY 40065
$305,000
Estimate®:$300,000
Listing Price
3020 Mason Way, Shelbyville, KY 40065
Loc: Shelbyville, KY
Days Listed
23
Tax Assessed
$195k
Estimate®
$300k
Market Rate
Lot Size
8,276 sqft
Rent Estimate
$1,680/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Clear Creek Elementary School
K-5
1.3 mi away
6
Shelby County East Middle School
6-8
2.6 mi away
3
Shelby County High School
9-12
2.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylebrick exteriorsingle-storyattached garagefront-facing garagered front doorsuburbanlandscaped lawntraditionalgabled rooflow maintenancecozyresidentialdriveway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.15%
Total ROI
49.0%
Cash Flow
$-528/mo
DSCR
0.67
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-528/mo net cash flow with a 4.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Shelbyville, KY
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-21 | Price change | $305,000 | $231 |
| 2026-09-12 | Listed for sale | $310,000 | $235 |
| 2020-09-11 | Sold | $194,500 | $148 |
| 2020-08-03 | Listed for sale | $189,000 | $143 |
| 2020-02-24 | Listing removed | $173,000 | $131 |
| 2020-02-15 | Pending sale | $173,000 | $131 |
| 2020-02-10 | Listed for sale | $173,000 | $131 |
| 2020-02-05 | Pending sale | $173,000 | $131 |
| 2020-02-04 | Listed for sale | $173,000 | $131 |
| 2020-01-22 | Pending sale | $173,000 | $131 |
| 2019-12-31 | Listed for sale | $173,000 | $131 |
| 2019-12-31 | Pending sale | $173,000 | $131 |
| 2019-11-26 | Listed for sale | $173,000 | $131 |
| 2019-09-03 | Listing removed | $189,900 | $144 |
| 2019-06-17 | Price change | $189,900 | $144 |
| 2019-05-14 | Price change | $207,000 | $157 |
| 2019-03-02 | Listed for sale | $222,000 | $168 |
| 2006-04-25 | Sold | $128,500 | $97 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,519.13 | $194,500 |
| 2024 | $2,556.08 | $194,500 |
| 2023 | $2,091.22 | $194,500 |
| 2022 | $2,100.95 | $194,500 |
| 2021 | $2,159.32 | $194,500 |
| 2020 | $2,086.2 | $150,000 |
| 2019 | $2,086.2 | $150,000 |
| 2018 | $2,044.2 | $150,000 |
| 2017 | $2,044.2 | $128,500 |
| 2016 | $1,370.07 | $128,500 |
| 2015 | $1,370.07 | $128,500 |
| 2014 | $1,370.07 | $128,500 |
| 2013 | $1,370.07 | $128,500 |
| 2012 | $0 | $128,500 |
| 2011 | $0 | $128,500 |
| 2010 | $0 | $128,500 |
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