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(SOLD) $145,200

321 N Broadway Georgetown, KY  40324

  • 8 Beds
  • 5 Baths

Property Description for 321 N Broadway Georgetown, KY 40324

Selling at Public Auction on Friday March 11th @ 11:00AM! Minimum Bid day of Auction Only - $124,900. 6 units. Serious Cash Cow Here! Apt #1-three bedroom $750/month - Apt #2- efficiency $330/month - Apt #3-efficiency $330/month - Apt #4-one bedroom $500/month - Apt #5 one bedroom $460/month - Apt #6-one bedroom $420/month (Long term tenant). $2,790 Gross Rents, approx $800 monthly expenses. The numbers are accurate according to the sellers records. Sells @ 200K = 12% cap/$185K = 13% cap/$170K = 14% cap. Serious Cash FLow here! Current owner paid $166K in 2007 and has done 30K in renovations! Serious Positive Cash Flow here. Downtown G-town! Inspections welcome however, Property sold AS-IS. 10% down day of sale, closing on or before 30 days. Lead Based Paint permitted 10 days prior to auction. 10% Buyer's Premium added to final bid to determine contract sales price. Announcements made day of sale take precedence over printed material. Auctioneer Mike Gooch

Address:321 N Broadway Georgetown KY 40324
Status:Sold
Sold On: 4/8/2011
Price:$199,000
Bedrooms:8 Beds
Bathrooms:5 Full Baths
Year Built:1922
Lot Size:1.61
County: Scott
MLS #:1102589

Lot Dimensions:70131.66
Directions:From I-75, 460 into G-town. Right on N Broadway. Property just past Save-A-Lot on left. Downtown Georgetown
Abv. Grnd. Sq. Ft. :3,880

Loan Price
$818
Price And Interest $757/month
Property Tax $0/month
MTG INS $0/month
HOME INS $61/month
Price
$145,200
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$732 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 005 - Scott County
City:Georgetown
Subdivision: Downtown
Zip Code:40324

Cool:Electric
Heat:Electric, Natural Gas
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 Michael Gooch with Power House Realty

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.





Georgetown, KY Market Report

204
Avg. DOM
$169.09
Avg. $ / Sq.Ft.
$ 407,967
Med. List Price

The house prices in Georgetown are indeed dropping at the moment. There has been a decrease in price of $29,494.00. 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 Georgetown are going Down. The average house price is $406,967.50 and the average price per square feet is $148.90 per square feet. At the moment, the amount of homes listed is exactly 877 houses, with 252 with active status, 163 with pending status and 462 sold in Georgetown .

The most popular place to buy a home in Georgetown is 005 - Scott County. 005 - Scott 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 Georgetown .

The average amount of property taxes you would have to pay for a home in Georgetown 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 Georgetown are staying listed for an average of 93 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 Georgetown was 3465 minutes ago.

At the moment we have 4 open houses that you can visit.

The cost of the most expensive home in Georgetown is $3,200,000.00. 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 Georgetown is $94,500.00 . 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 Georgetown in year 1867 and the newest built house is in year 9999.

The average size of properties in Georgetown is 29.98 sq.ft. , the biggest one being 3320 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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