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(SOLD) $40,000

316 Echo Valley Road Lily, KY  40740

Property Description for 316 Echo Valley Road Lily, KY 40740

Versatile Opportunity Awaits! This expansive 3-acre property, conveniently located off the main highway and close to shopping, offers incredible potential with its two separate addresses. Perfect for investors or families, the 2-acre parcel is ready to build with existing septic, water, and electric hookups, plus a sturdy concrete pad. The adjacent 1-acre lot is primed for development with water access and an electric pole spot already identified. Driveways are already in place for easy access to both sections. Metal building does not convey with property. Don't miss out on this flexible, well-located gem!

Address:316 Echo Valley Road Lily KY 40740
Status:Sold
Sold On: 10/25/2024
Price:$59,000
Bathrooms:0
Lot Size:3.00
County: Laurel
School System : Laurel County - 44
MLS #:24016800
Property Type:Lot

Lot Dimensions:130680
Water Source:Public
Directions:Off US 25 Turn onto Echo Valley Road. Go 0.3 miles the property is on the left. Company sign on property.
Sq. Ft. Source:Public Records

Loan Price
$226
Price And Interest $209/month
Property Tax $0/month
MTG INS $0/month
HOME INS $17/month
Price
$40,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$204 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 044 - Laurel County
City:Lily
Subdivision: Rural
Zip Code:40740

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 Tiffany King with WEICHERT REALTORS - Ford Brothers

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.





Lily, KY Market Report

94
Avg. DOM
$ 159,000
Med. List Price

The house prices in Lily are indeed dropping at the moment. There has been a decrease in price of $2,300.00. 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 Lily are going Down. The average house price is $197,999.50 and the average price per square feet is $0.00 per square feet. At the moment, the amount of homes listed is exactly 18 houses, with 8 with active status, 1 with pending status and 9 sold in Lily .

The most popular place to buy a home in Lily is 044 - Laurel County. 044 - Laurel 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 Lily .

The average amount of property taxes you would have to pay for a home in Lily 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 Lily are staying listed for an average of 72 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 Lily was 30398 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Lily is $345,000.00. 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 Lily is $75,500.00 . 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 Lily in year 1972 and the newest built house is in year 9999.

The average size of properties in Lily 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.