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Office Building (Multi-Story)Commercial
Last sold for $1,617,374 on Sep 21, 2021

505 MASTER ST

CORBIN, KY 40701
0
Baths
1,200 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.
0.99 ac
Lot SizeThe size of the land the home sits on, from county records.
1940
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$1,617,374 · Sep 21, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,103 (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.$1,617,374 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$295,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$1,322,374
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,617,374
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,617,374

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.62
95
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
24
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
85
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
95
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
13
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.123 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.unmapped

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Office Building (Multi-Story)
CountyKnox
Lot (acres)The size of the land the home sits on, from county records.0.99
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Yes

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

M
Corbin Middle SchoolA+
Middle · Grades 6–8 · 0.3 mi
H
Corbin High SchoolA+
High · Grades 9–12 · 1.4 mi
E
Corbin Primary SchoolA+
Elementary · Grades KG–3 · 3.7 mi

District: Corbin Independent School District

Neighborhood · ZIP 40701These 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.127
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.134
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.76

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.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.20%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.30,578
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.205 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$55,439
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$64,844
Average tempThe average temperature here across a full year.55°F
Annual precipHow much rain and melted snow falls here in a typical year.51 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

Owner Tools

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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

505 Master St 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.

  • Older than 93% of homes in Corbin 40701

How it measures up in Corbin 40701

The dot is this home. The mark in the middle is the typical home in Corbin 40701.

Living area1,200 ft²
SmallerTypical 1,352 ft²Bigger

Bigger than 36% of homes nearby

Lot size0.99 ac
SmallerTypical 0.9 acBigger

Bigger than 53% of homes nearby

Year built1940
OlderTypical 1991Newer

Newer than 7% of homes nearby

How 505 Master St ranks against every home in each area.
MeasureThis homeCorbin 40701
Living areabigger than1,200 ft²36% of homes
Lot sizebigger than0.99 ac53% of homes
Year builtnewer than19407% of homes

About 505 Master St

When did 505 Master St, Corbin, KY last sell?

505 Master St, Corbin, KY last sold on Sep 21, 2021 for $1,617,374, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 505 Master St, Corbin, KY?

505 Master St, Corbin, KY has 1,200 square feet of living space and a 0.99-acre lot.

When was 505 Master St, Corbin, KY built?

505 Master St, Corbin, KY was built in 1940, making it 86 years old. The building has 1 story.

What schools serve 505 Master St, Corbin, KY?

505 Master St, Corbin, KY is assigned to Corbin Middle School (middle), rated A+; Corbin High School (high), rated A+; Corbin Primary School (elementary), rated A+. All sit in Corbin Independent School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 505 Master St, Corbin, KY compare to other homes in Corbin 40701?

Among the 14,925 homes in Corbin 40701, it is bigger than 36% of them (1,200 ft² against a typical 1,352 ft²), its lot is bigger than 53% of them (0.99 ac against a typical 0.9 ac) and it is newer than 7% of them (1940 against a typical 1991). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 505 Master St, Corbin, KY?

The 2025 property tax bill for 505 Master St, Corbin, KY was $8,103. The county assessed it at $1,617,374.

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See this home in context

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