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Single Family ResidenceResidential
$176,555$166 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $174,250 on Jun 7, 2023

4940 STATE ROUTE 1283

WATER VALLEY, KY 42085
2
Beds
1
Baths
1,064 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
99 ac
Lot SizeThe size of the land the home sits on, from county records.
1900
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$177K
$167K low$186K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$174,250 · Jun 7, 2023
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$176,555
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$141,244

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,429 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$174,250 (2025)
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$174,250

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyGRAVES
Lot (acres)The size of the land the home sits on, from county records.99.00
ConstructionThe main material the home's frame and walls are built from.Arched/Dome
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.None
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Wingo Elementary SchoolA-
Elementary · Grades PK–6 · 5.3 mi
H
Graves County High SchoolA-
High · Grades 9–12 · 14.8 mi
M
Graves County Middle SchoolB
Middle · Grades 7–8 · 14.9 mi

District: Graves County School District

Neighborhood · ZIP 42085These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.117
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.83
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.318

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.86%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.21%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.706
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.22 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$74,583
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$79,463
Average tempThe average temperature here across a full year.58°F
Annual precipHow much rain and melted snow falls here in a typical year.52 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

4940 State Route 1283 measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 87% of homes in Water Valley 42085
  • Costs more per square foot than 96% of homes in Water Valley 42085
  • Smaller than 80% of homes in Graves County
  • Among the largest lots in Graves County
  • Older than 82% of homes in Graves County

What homes are worth in Water Valley 42085

Each bar is how many homes fall in that price range. The marker is this home.

This home
$36K$276K

This home is worth more than 87% of homes in Water Valley 42085.

How it measures up in Water Valley 42085

The dot is this home. The mark in the middle is the typical home in Water Valley 42085.

Estimated value$176,555
CheaperTypical $94,626Pricier

Pricier than 87% of homes nearby

Price per ft²$166
CheaperTypical $76Pricier

Pricier than 96% of homes nearby

Living area1,064 ft²
SmallerTypical 1,296 ft²Bigger

Bigger than 31% of homes nearby

Lot size99 ac
SmallerTypical 1 acBigger

Bigger than 98% of homes nearby

Year built1900
OlderTypical 1968Newer

Newer than 22% of homes nearby

How 4940 State Route 1283 ranks against every home in each area.
MeasureThis homeWater Valley 42085Graves County
Estimated valuepricier than$176,55587% of homes59% of homes
Price per ft²pricier than$16696% of homes85% of homes
Living areabigger than1,064 ft²31% of homes20% of homes
Lot sizebigger than99 ac98% of homesalmost all homes
Year builtnewer than190022% of homes18% of homes

About 4940 State Route 1283

How much is 4940 State Route 1283, Water Valley, KY worth?

The TopHap Estimate for 4940 State Route 1283, Water Valley, KY is $176,555 as of Jul 14, 2026. The likely range is $167,144 to $185,966. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 4940 State Route 1283, Water Valley, KY last sell?

4940 State Route 1283, Water Valley, KY last sold on Jun 7, 2023 for $174,250, according to the county's recorded deed.

How big is 4940 State Route 1283, Water Valley, KY?

4940 State Route 1283, Water Valley, KY has 2 bedrooms, 1 bathrooms, 1,064 square feet of living space and a 99.00-acre lot.

When was 4940 State Route 1283, Water Valley, KY built?

4940 State Route 1283, Water Valley, KY was built in 1900, making it 126 years old. The building has 1 story.

What schools serve 4940 State Route 1283, Water Valley, KY?

4940 State Route 1283, Water Valley, KY is assigned to Wingo Elementary School (elementary), rated A-; Graves County High School (high), rated A-; Graves County Middle School (middle), rated B. All sit in Graves County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 4940 State Route 1283, Water Valley, KY compare to other homes in Water Valley 42085?

Among the 555 homes in Water Valley 42085, it is worth more than 87% of them ($176,555 against a typical $94,626), its price per square foot is higher than 96% of them ($166 against a typical $76), it is bigger than 31% of them (1,064 ft² against a typical 1,296 ft²), its lot is bigger than 98% of them (99 ac against a typical 1 ac) and it is newer than 22% of them (1900 against a typical 1968). Measured against all of Graves County, it is worth more than 59% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 4940 State Route 1283, Water Valley, KY?

The 2025 property tax bill for 4940 State Route 1283, Water Valley, KY was $1,429. The county assessed it at $174,250.

Closest homes

More homes in Water Valley 42085

Assigned schools

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