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$148,000 ↓$7,000on 7/23/2024

3080 Ridge Road Owingsville, KY  40360

  • 2 Beds
  • 1 Baths

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Property Description for 3080 Ridge Road Owingsville, KY 40360

Situated on 3 picturesque acres of unrestricted land, 3080 Ridge Road offers a unique investment opportunity in Owingsville, Kentucky. This fixer-upper rental property, combined from three individual lots, features expansive views of rolling hills and presents an ideal canvas for both investors and homesteaders alike. The main house, encompassing 1,440 square feet, includes two bedrooms and one bathroom. Despite requiring some renovation, the property boasts significant potential with existing water hookups on all three lots and septic systems already in place on two. The flexibility provided by the unrestricted zoning allows for various possibilities, from enhancing the current structure to potentially adding more units or amenities. Given its close proximity to Bath County Schools and Mt. Sterling, the property is poised to attract renters seeking a balance between rural and urban living. The existing infrastructure with water and septic systems on multiple lots allows for future development, potentially increasing rental income. Seller will be retaining the wooden shed in front of the driveway, and it will be appropriately marked.

Address:3080 Ridge Road Owingsville KY 40360
Status:Active
on site: 82 days
Price:$148,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Year Built:1961
Lot Size:3.20
County: Bath
School System : Bath County - 38
MLS #:24013192
Property Type:Single Family Residence

Lot Dimensions:139392
Water Source:Public
Directions:From Owingsville, take US-60 5 miles past Owingsville Elementary, turn right onto KY-1198 for 3.7 Miles, then turn right onto Ridge Rd, and after 0.6 Miles the destination is on your left.
Abv. Grnd. Sq. Ft. :1,440
Sq. Ft. Source:Public Records

Loan Price
$834
Price And Interest $772/month
Property Tax $0/month
MTG INS $0/month
HOME INS $62/month
Price
$148,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$744 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
07/23/24 $155,000 $148,000 -4.5%

RoomSizeLevel
Primary Bedroom Info Not Available
Primary Bedroom Info Not Available
Full Bath Info Not Available
Kitchen Info Not Available
Family Room Info Not Available
Utility Room Info Not Available

Mandatory HOA Fee:$

Area: 038 - Bath County
Subdivision: Rural
Zip Code:40360

School System:Bath County - 38
High School:Bath Co
Middle School:Bath Co
Elementary School:Owingsville

Exterior Type:Vinyl Siding
Heat:Electric, Propane Tank Leased
Total Rooms:3
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 Zachary Otis with HomeLand Real Estate 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.





Owingsville, KY Market Report

140
Avg. DOM
$ 209,000
Med. List Price

The house prices in Owingsville are indeed dropping at the moment. There has been a decrease in price of $262,999.67. 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 Owingsville are going Down. The average house price is $219,000.00 and the average price per square feet is $0.00 per square feet. At the moment, the amount of homes listed is exactly 75 houses, with 18 with active status, 12 with pending status and 45 sold in Owingsville .

The most popular place to buy a home in Owingsville is 038 - Bath County. 038 - Bath 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 Owingsville .

The average amount of property taxes you would have to pay for a home in Owingsville 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 Owingsville are staying listed for an average of 150 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 Owingsville was 2606 minutes ago.

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

The cost of the most expensive home in Owingsville is $495,000.00. 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 Owingsville is $129,900.00 . 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 Owingsville in year 1900 and the newest built house is in year 9999.

The average size of properties in Owingsville is 0 sq.ft. , the biggest one being 0 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.