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$425,000 ↓$50,000on 10/11/2024

735 Caudill Lane London, KY  40741

  • 5 Beds
  • 2 Baths

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Property Description for 735 Caudill Lane London, KY 40741

**Prime Residential or Commercial Opportunity in High-Traffic Area** A unique residence opportunity in a bustling high-traffic area, perfect for homes, airbnbs, businesses who may be seeking visibility and convenience. This property has a proven track record, having operated as a successful short-term rental for the last 4 consecutive years. Before that, it served as business offices for a Women's Medical Center, demonstrating its versatility and potential. Located in one of the last undeveloped lots in the popular Walmart shopping center area, this property offers ample parking, making it accessible and convenient for customers and clients. Whether you're looking to establish retail, office space, or another business venture, this prime location provides excellent exposure and accessibility. Extremely high traffic across from Starr's Liquor. Also, across the street from large Japanese Steakhouse, Indoor Shooting Range, Coffee Shop, Children's Museum, Nail Salon and more! Don't miss out on this rare opportunity to establish your conveniently located home or business in a thriving commercial hub!

Address:735 Caudill Lane London KY 40741
Status:Active
on site: 37 days
Price:$425,000
Bedrooms:5 Beds
Bathrooms:2 Full Baths
Year Built:1987
Lot Size:0.32
County: Laurel
School System : Laurel County - 44
MLS #:24021017
Property Type:Single Family Residence

Lot Dimensions:13939
Water Source:Public
Directions:From exit 38 off I-75, head East on Hwy 192, make left at light onto 5th Street, make a right onto Meyers Baker Rd, make the first right onto Caudill Lane. Property is on the right.
Abv. Grnd. Sq. Ft. :4,320

Loan Price
$2,394
Price And Interest $2,217/month
Property Tax $0/month
MTG INS $0/month
HOME INS $177/month
Price
$425,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,124 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/11/24 $475,000 $425,000 -10.5%
10/11/24 $475,000 $425,000 -10.5%

RoomSizeLevel
Primary Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Family Room Info Not Available
Living Room Info Not Available
Kitchen Info Not Available
Home Office Info Not Available
Utility Room Info Not Available
Rec Room Info Not Available

Mandatory HOA Fee:$

Area: 044 - Laurel County
City:London
Subdivision: City Limits
Zip Code:40741

School System:Laurel County - 44
High School:South Laurel
Middle School:South Laurel
Elementary School:London

Exterior Type:Vinyl Siding
Heat:Electric
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 Amanda Heuser with CENTURY 21 Advantage 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.





London, KY Market Report

90
Avg. DOM
$333.33
Avg. $ / Sq.Ft.
$ 289,900
Med. List Price

The house prices in London are not dropping at the moment. There has been a increase in price of $20,717.54. 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 London are going Up. The average house price is $299,900.00 and the average price per square feet is $333.33 per square feet. At the moment, the amount of homes listed is exactly 983 houses, with 108 with active status, 36 with pending status and 839 sold in London .

The most popular place to buy a home in London 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 London .

The average amount of property taxes you would have to pay for a home in London 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 London are staying listed for an average of 91 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 London was 3266 minutes ago.

At the moment we have 6 open houses that you can visit.

The cost of the most expensive home in London is $1,850,000.00. 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 London is $79,900.00 . 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 London in year 1910 and the newest built house is in year 9999.

The average size of properties in London is 2.78 sq.ft. , the biggest one being 300 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.