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(SOLD) $560,000

2 Otter Creek Road Manchester, KY  40962

Property Description for 2 Otter Creek Road Manchester, KY 40962

Available now! A hunter's-dream, this property offers 1527 acres of land in the Elk Territory of Eastern Kentucky, sharing a considerable amount of boundary with the US Forest Service. This property offers trails and county road access along Otter Creek with Jackson Electric following the road. Invest in this property and let the timber pay you back in segments, or pass it along for generations you do not want to let this opportunity pass! Give us a call for your private tour! ** GPS Coordinates 37.0307, -83.7127 - All rights convey on tracts 3 & 5 with surface rights only on tracts 1, 2 & 4.

Address:2 Otter Creek Road Manchester KY 40962
Status:Sold
Sold On: 7/27/2021
Price:$750,000
Bathrooms:0
Lot Size:1527.00
County: Clay
MLS #:1927450
Property Type:Farm

Lot Dimensions:66516181.08
Zoning:AR
Directions:From Manchester head south on Hwy 421 for 6 miles, turn right onto Hwy 1524 past Goose Rock Elementary 2.8 miles, turn right onto Otter Creek Rd, go 3.1 miles property on both sides of the road.
Sq. Ft. Source:Public Records

Loan Price
$3,154
Price And Interest $2,921/month
Property Tax $0/month
MTG INS $0/month
HOME INS $233/month
Price
$560,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,796 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 043 - Clay County
Subdivision: Rural
Zip Code:40962

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 Derek Blankenship with Keller Williams Commonwealth

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.





Manchester, KY Market Report

147
Avg. DOM
$276.04
Avg. $ / Sq.Ft.
$ 262,000
Med. List Price

The house prices in Manchester are indeed dropping at the moment. There has been a decrease in price of $114,833.33. 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 Manchester are going Down. The average house price is $232,499.50 and the average price per square feet is $276.04 per square feet. At the moment, the amount of homes listed is exactly 105 houses, with 20 with active status, 11 with pending status and 74 sold in Manchester .

The most popular place to buy a home in Manchester is 043 - Clay County. 043 - Clay 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 Manchester .

The average amount of property taxes you would have to pay for a home in Manchester 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 Manchester 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 Manchester was 4449 minutes ago.

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

The cost of the most expensive home in Manchester is $849,000.00. 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 Manchester is $75,000.00 . 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 Manchester in year 1965 and the newest built house is in year 9999.

The average size of properties in Manchester is 48 sq.ft. , the biggest one being 960 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.