Versailles KY Real Estate Transfers week ending 2-14-2008

As always, the Versailles KY newspaper, The Woodford Sun released the Versailles KY real estate transfers for week ending 2-14-2008.  As you will see, the volume of property dropped somewhat this week, as did the valuation for the properties.  All of the transfers were under $200,000, so there were no what we would call luxury homes, or luxury real estate transfers this week.

For your convenience, the homes and properties that sold this week are as follows:

Angela Jeffers - to Ronald Layman, Jr. - 116 Coach Station Road - Midway Kentucky - quitclaim deed - $1

James Brown - to Joseph & Desiree Mitchell - 212 Dalton Circle - $131000

Estate of Alma Bickford - to Joshua Lawrence - 489 Scarborough Drive - $110000

Joseph & Kathleen Filipp acting as trustees for the Filipp familyliving trust - 220 Doncaster Road - quitclaim deed - no value was reflected on the real estate transfer

Dennis & Bonnie Wise - Jeffery & Cheryl Coover - 121 Carriage Lane - Midway KY - $176900

Aaron Jones - to Perry Builders Inc. - 800 Jones Lane & a 19.297 acre farms located on Jones Lane - $173000

Perry & Kathleen Rossi - to Jutta Campbell - 528 Tincher Drive - $194000

Miquel Esparza - to Maria Alba - 905 Delaney Ferry Road - quitclaim deed - no valuation was reflected on the real estate transfer

Coleman Duncan, Jr. & Lela Duncan - to Karen Duncan - an undivided 4/25ths equity in 327 Princess Circle - no valuation was reflected on the real estate transfer

Hopefully things will pick up - in both volume of the number of sales, as well as the amount of valuations for the homes.  There is a lot of inventory in the luxury real estate market at present, and there are some opportunities for persons that are wanting to acquire a new home, to be able to negotiate strongly with some of the properties that been for sale on the market for a long time.