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(SOLD) $75,000

16 Elihu Cabin Hollow Road Somerset, KY  42501

Property Description for 16 Elihu Cabin Hollow Road Somerset, KY 42501

NEW development on Elihu Cabin Rd. this tract # 16 offers 15.55 acres. Tracts range from 2 acres to 19 acres that are lightly restricted to protect your investment. Looking for tracts to build your dream home or tracts to have your own farm, this development has what you're looking for. With beautiful views you can see for miles you wont want to miss an opportunity like this.

Address:16 Elihu Cabin Hollow Road Somerset KY 42501
Status:Sold
Sold On: 9/4/2024
Price:$175,000
Bathrooms:0
Lot Size:15.55
County: Pulaski
School System : Pulaski County - 45
MLS #:22022510
Property Type:Farm

Lot Dimensions:677358
Directions:From 914 bypass turn onto Ky-1247 then turn left in 3 mile onto Elihu Cabin Rd. turn right onto Elihu Cabin Hollow Rd. Property will be approximately 1 mile on right, signs posted

Loan Price
$422
Price And Interest $391/month
Property Tax $0/month
MTG INS $0/month
HOME INS $31/month
Price
$75,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$372 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 045 - Pulaski County
City:Somerset
Subdivision: Rural
Zip Code:42501

School System:Pulaski County - 45
High School:Southwestern
Middle School:Southern
Elementary School:Southern

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 Tod Bertram with Weichert Realtors Ford Brothers, Inc.

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.





Somerset, KY Market Report

116
Avg. DOM
$147.19
Avg. $ / Sq.Ft.
$ 309,900
Med. List Price

The house prices in Somerset are indeed dropping at the moment. There has been a decrease in price of $50,332.49. 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 Somerset are going Down. The average house price is $325,000.00 and the average price per square feet is $145.36 per square feet. At the moment, the amount of homes listed is exactly 466 houses, with 185 with active status, 36 with pending status and 245 sold in Somerset .

The most popular place to buy a home in Somerset is 045 - Pulaski County. 045 - Pulaski 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 Somerset .

The average amount of property taxes you would have to pay for a home in Somerset 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 Somerset are staying listed for an average of 99 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 Somerset was 3302 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Somerset is $1,299,000.00. 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 Somerset is $34,900.00 . 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 Somerset in year 1932 and the newest built house is in year 9999.

The average size of properties in Somerset is 57.03 sq.ft. , the biggest one being 5107 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.

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