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(SOLD) $175,000

1485 Cummins Ferry Road Salvisa, KY  40372

Property Description for 1485 Cummins Ferry Road Salvisa, KY 40372

GREAT LOCATION in Mercer County. This property would be perfect to build your dream home and enjoy the country life. The property is currently being used for hay. It is also surveyed for 2 building lots with each having its own entrance. This land could be used as a small farm with cattle, hay or enjoy it for recreational use. 1485 Cummins Ferry Rd. address is being used for location purposes only. The land being sold is adjacent to the track of the land that the owner will be keeping.

Address:1485 Cummins Ferry Road Salvisa KY 40372
Status:Sold
Sold On: 10/31/2024
Price:$159,000
Bathrooms:0
Lot Size:17.65
County: Mercer
School System : Mercer County - 11
MLS #:24012142
Property Type:Farm

Lot Dimensions:768834
Directions:From Lexington take the Bluegrass Parkway to exit 59A and then continue on Highway 127 South for approximately 11 miles and turn left onto McAfee Lane. At the end of McAfee Lane turn left onto Cummins ferry Road and Property will be located on your left in just a short distance.
Sq. Ft. Source:Public Records

Loan Price
$986
Price And Interest $913/month
Property Tax $0/month
MTG INS $0/month
HOME INS $73/month
Price
$175,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$876 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 011 - Mercer County
City:Salvisa
Subdivision: Rural
Zip Code:40372

School System:Mercer County - 11
High School:Mercer Co
Middle School:Mercer Co
Elementary School:Mercer Co

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of L Sue Abrams-Gray and Martin Abrams with Abrams Realty, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Salvisa, KY Market Report

223
Avg. DOM
$123.89
Avg. $ / Sq.Ft.
$ 304,500
Med. List Price

The house prices in Salvisa are not dropping at the moment. There has been a increase in price of $10,310.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Salvisa are going Up. The average house price is $304,500.00 and the average price per square feet is $123.89 per square feet. At the moment, the amount of homes listed is exactly 67 houses, with 7 with active status, 1 with pending status and 59 sold in Salvisa .

The most popular place to buy a home in Salvisa is 011 - Mercer County. 011 - Mercer County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Salvisa .

The average amount of property taxes you would have to pay for a home in Salvisa is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Salvisa are staying listed for an average of 82 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Salvisa was 31286 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Salvisa is $715,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Salvisa is $265,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Salvisa in year 1984 and the newest built house is in year 9999.

The average size of properties in Salvisa is 645.71 sq.ft. , the biggest one being 2260 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.