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(SOLD) $255,000

235 Scenic Ridge Frenchburg, KY  40322

  • 4 Beds
  • 2 Baths
  • 1,950 sq. Ft

Property Description for 235 Scenic Ridge Frenchburg, KY 40322

NEW LISTING ALERT! Two fully finished cabins and one partially finished cabin on 4 parcels with a total of 34.273-acres. This property was recently surveyed and the boundaries are marked. Located just 35-minutes from both Cave Run Lake and Red River Gorge/Natural Bridge State Park, you will attract tourists to this alluring vacation rental property. With two move-in-ready cabins available, you may decide to keep this one-of-a-kind piece of land all to yourself! This spacious property features a gorgeous pond, small stream, beautiful boulders, and large, captivating trees. The cabins are located at the end of a gravel driveway behind a gated entrance. At the road near the entrance, you'll find a perfect additional building site for another structure such as a cabin or office space. The cabins are serviced by county water and individual septic systems. For additional information, to view photos, or to schedule a private showing, contact our team today!

Address:235 Scenic Ridge Frenchburg KY 40322
Status:Sold
Sold On: 1/18/2022
Price:$250,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,950
Lot Size:34.27
County: Menifee
School System : Menifee County -39
MLS #:20110920
Property Type:Farm

Lot Dimensions:1492932
Utility Options:0, 1, 2, 3, 4, 5, 6, 7, 8
Zoning:AR
Building Utilities:Telephone
Water Source:Public
Directions:From Frenchburg head east 2.2 miles on US 460. The property is on the left at the red gate.
Abv. Grnd. Sq. Ft. :1,950
Total Sq. Ft. :1,950
Sq. Ft. Source:Public Records

Loan Price
$1,436
Price And Interest $1,330/month
Property Tax $0/month
MTG INS $0/month
HOME INS $106/month
Price
$255,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,272 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 039 - Menifee County
Subdivision: Rural
Zip Code:40322

School System:Menifee County -39
High School:Menifee Co
Middle School:Menifee Co
Elementary School:Botts

Total Sq. Ft.:1,950
Heat:Electric, Propane Tank Leased
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.





Frenchburg, KY Market Report

130
Avg. DOM
$258.33
Avg. $ / Sq.Ft.
$ 259,000
Med. List Price

The house prices in Frenchburg are indeed dropping at the moment. There has been a decrease in price of $69,000.00. 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 Frenchburg are going Down. The average house price is $259,000.00 and the average price per square feet is $258.33 per square feet. At the moment, the amount of homes listed is exactly 74 houses, with 19 with active status, 3 with pending status and 52 sold in Frenchburg .

The most popular place to buy a home in Frenchburg is 039 - Menifee County. 039 - Menifee 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 Frenchburg .

The average amount of property taxes you would have to pay for a home in Frenchburg 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 Frenchburg are staying listed for an average of 152 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 Frenchburg was 4415 minutes ago.

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

The cost of the most expensive home in Frenchburg is $550,000.00. 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 Frenchburg is $25,000.00 . 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 Frenchburg in year 1925 and the newest built house is in year 9999.

The average size of properties in Frenchburg is 170.53 sq.ft. , the biggest one being 1080 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.