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$325,000

308 Hermitage Drive Frankfort, KY  40601

  • 4 Beds
  • 2 Baths

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Property Description for 308 Hermitage Drive Frankfort, KY 40601

South Frankfort charm and owner pride abound and with this one! Currently setup as a duplex divided as 1st and 2nd floor units. Units are of good-size and lots of storeage is available for each occupant in the shared unfinished basement. Each unit has an eat-in kitchen, living room, 2 bedrooms, 1 full bath and separate laundry areas located in the common basement. 1st floor has hardwood and 2nd floor has carpet. Along the width of the front the 1st floor has a front porch and the 2nd floor has a sunroom. Two-car detached garage and driveway parking. The 1st floor is currently tenant occupied on a month-to-month basis. **NEW ROOF covering September 2024. The second floor has new paint and carpet. 2nd floor is available to show anytime. 1st floor is occupied and may have restricted showing times. Buyer to verify all features and aspects of property including but not limited to boundaries, square feet, water, sewer, schools, zoning, and suitability.

Address:308 Hermitage Drive Frankfort KY 40601
Status:Active
on site: 88 days
Price:$325,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths
Year Built:1950
Lot Size:0.17
County: Franklin
School System : Frankfort Independent
MLS #:24020280
Property Type:Single Family Residence

Lot Dimensions:7579
Water Source:Public
Directions:From East Main St, follow US 60 West, cross the river, turn left on East 3rd St, and in 1/4 mile turn right on Hermitage. Home is on the right. From Louisville Rd, follow US 60 East into downtown. Turn right onto Capital Avenue and then left onto East 3rd Street and in 1/4 mile turn right on Hermitage. Home is on the right.
Abv. Grnd. Sq. Ft. :2,397
Sq. Ft. Source:Public Records
Garage:

Loan Price
$1,830
Price And Interest $1,695/month
Property Tax $0/month
MTG INS $0/month
HOME INS $135/month
Price
$325,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,620 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom Info Not Available
Primary Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Kitchen Info Not Available
Kitchen Info Not Available
Living Room Info Not Available
Living Room Info Not Available
Other Info Not Available
Other Info Not Available

Mandatory HOA Fee:$

Area: 014 - Franklin County
City:Frankfort
Subdivision: South Frankfort
Zip Code:40601

School System:Frankfort Independent
High School:Frankfort
Middle School:Second St Middle
Elementary School:Second St

Interior Features:Primary First Floor, Eat-in Kitchen, Bedroom First Floor
Exterior Type:Other
Heat:Forced Air, Natural Gas
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Mike Barnes and Stuart Raney with Marshall Lane Real Estate

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.





Frankfort, KY Market Report

135
Avg. DOM
$204.66
Avg. $ / Sq.Ft.
$ 337,450
Med. List Price

The house prices in Frankfort are indeed dropping at the moment. There has been a decrease in price of $872.54. 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 Frankfort are going Down. The average house price is $332,500.00 and the average price per square feet is $199.99 per square feet. At the moment, the amount of homes listed is exactly 551 houses, with 144 with active status, 63 with pending status and 344 sold in Frankfort .

The most popular place to buy a home in Frankfort is 014 - Franklin County. 014 - Franklin 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 Frankfort .

The average amount of property taxes you would have to pay for a home in Frankfort 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 Frankfort are staying listed for an average of 67 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 Frankfort was 3906 minutes ago.

At the moment we have 5 open houses that you can visit.

The cost of the most expensive home in Frankfort is $1,500,000.00. 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 Frankfort is $49,000.00 . 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 Frankfort in year 1878 and the newest built house is in year 9999.

The average size of properties in Frankfort is 334.47 sq.ft. , the biggest one being 5482 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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