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(SOLD) $687,500

500 Wellington Way Winchester, KY  40391

Property Description for 500 Wellington Way Winchester, KY 40391

Amazing opportunity to transform this 38+ Acre Farmland into Winchester's newest development. Located in the highly desirable area located conveniently off of the Winchester Bypass, near schools, shopping and only minutes to interstate for Lexington commuters. Parcel A on the survey reflects this property

Address:500 Wellington Way Winchester KY 40391
Status:Sold
Sold On: 5/3/2018
Price:$687,500
Bathrooms:0
Lot Size:38.89
County: Clark
School System : Clark County - 7
MLS #:1814763
Property Type:Farm

Lot Dimensions:1694049.96
Directions:From the Bypass in Winchester, turn on Frontier(right of Lowe's) Turn left on Sturbridge. Turn right on Wellington Way and the acreage will be located at the end of Wellington Way
Sq. Ft. Source:Assessor

Loan Price
$3,872
Price And Interest $3,586/month
Property Tax $0/month
MTG INS $0/month
HOME INS $286/month
Price
$687,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$3,432 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 007 - Clark County
City:Winchester
Subdivision: Rural
Zip Code:40391

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 A. Jo Gawthrop with Keller Williams Bluegrass 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.





Winchester, KY Market Report

87
Avg. DOM
$191.85
Avg. $ / Sq.Ft.
$ 310,000
Med. List Price

The house prices in Winchester are indeed dropping at the moment. There has been a decrease in price of $21,204.14. 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 Winchester are going Down. The average house price is $309,500.00 and the average price per square feet is $191.85 per square feet. At the moment, the amount of homes listed is exactly 1096 houses, with 96 with active status, 33 with pending status and 967 sold in Winchester .

The most popular place to buy a home in Winchester is 007 - Clark County. 007 - Clark 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 Winchester .

The average amount of property taxes you would have to pay for a home in Winchester 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 Winchester are staying listed for an average of 68 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 Winchester was 1035 minutes ago.

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

The cost of the most expensive home in Winchester is $3,500,000.00. 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 Winchester is $59,000.00 . 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 Winchester in year 1814 and the newest built house is in year 9999.

The average size of properties in Winchester is 80.81 sq.ft. , the biggest one being 2643 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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