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(SOLD) $649,000

1880 Cumberland Falls Highway Corbin, KY  40701

Property Description for 1880 Cumberland Falls Highway Corbin, KY 40701

Prime commercial real estate with approximately 300ft on frontage on 25W. Perfectly situated to capitalize on traffic volume generated fro I-75 corridor and US 25W(Cumberland Falls HWY). Less than 1/8 of a mile from interstate off exit 25 and visible from interstate. Perfect location for so many business opportunities. Motivated seller who is also willing to demo and remove structures.

Address:1880 Cumberland Falls Highway Corbin KY 40701
Status:Sold
Sold On: 2/16/2016
Price:$699,000
Bathrooms:0
Lot Size:1.25
County: Whitley
MLS #:1514581

Lot Dimensions:54450.05
Directions:From I-75 head towards Corbin and less than 1/8 of a mile on your left. Visible from interstate. Large commercial sign on property

Loan Price
$3,655
Price And Interest $3,385/month
Property Tax $0/month
MTG INS $0/month
HOME INS $270/month
Price
$649,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$3,240 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 068 - Whitley County
City:Corbin
Subdivision: City Limits
Zip Code:40701

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 Donald Sauer with RE/MAX LakeTime Realty London

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.





Corbin, KY Market Report

107
Avg. DOM
$135.44
Avg. $ / Sq.Ft.
$ 252,000
Med. List Price

The house prices in Corbin are not dropping at the moment. There has been a increase in price of $21,098.57. 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 Corbin are going Up. The average house price is $258,000.00 and the average price per square feet is $135.44 per square feet. At the moment, the amount of homes listed is exactly 261 houses, with 93 with active status, 23 with pending status and 145 sold in Corbin .

The most popular place to buy a home in Corbin is 068 - Whitley County. 068 - Whitley 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 Corbin .

The average amount of property taxes you would have to pay for a home in Corbin 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 Corbin are staying listed for an average of 87 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 Corbin was 5432 minutes ago.

At the moment we have 2 open houses that you can visit.

The cost of the most expensive home in Corbin is $1,200,000.00. 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 Corbin is $40,000.00 . 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 Corbin in year 1949 and the newest built house is in year 9999.

The average size of properties in Corbin is 31.68 sq.ft. , the biggest one being 2946 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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