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(SOLD) $16,250

Lot 136 Cumberland Shores Monticello, KY  42633

Property Description for Lot 136 Cumberland Shores Monticello, KY 42633

Bring your floor plans and settle in down at the lake on this fairly level 1.6-acre lot in Cumberland Shores just 7 miles north of Monticello, KY. There is a spot up front that would make a great home site AND it backs up to the Corps Property and is hikeable to the lake. Just 10 miles from Beaver Creek Marina for easy lake access and there are several ramps close by. Enjoy quality living with community-wide restrictions: a minimum 1,500 sq ft building size and no mobile homes or doublewides, preserving the upscale character. Barndominiums are an option given they meet construction standards. Underground utilities provide unobstructed views, with electric and water seamlessly integrated. Campers are permitted on a limited basis. Despite the peaceful, secluded feel, shopping, including a Walmart Supercenter, restaurants, pharmacies, and hardware stores, are close by in Monticello, and beautiful Somerset is just a short drive away.Unlock investment potential in Cumberland Shores' evolving market. This lot offers the perfect blend of tranquility and convenience for your dream home. Fun Fact: Monticello is the Houseboat Capital of the World due to numerous manufacturers located there.

Address:Lot 136 Cumberland Shores Monticello KY 42633
Status:Sold
Sold On: 11/20/2024
Price:$29,500
Bathrooms:0
Lot Size:1.60
County: Wayne
School System : Wayne County - 70
MLS #:24011997
Property Type:Lot

Lot Dimensions:69696
Water Source:Public
Directions:From Monticello take West Hwy 92 to Hwy 789. Turn right onto Denny Ridge Road and on to Cumberland Shores Subdivision gate (code required). Turn left onto North Shore Dr. then left onto West Willow. Lot is on the right just past the cottage on the right. Look for the orange tapes and compare to the plat view in photos.

Loan Price
$92
Price And Interest $85/month
Property Tax $0/month
MTG INS $0/month
HOME INS $7/month
Price
$16,250
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$84 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Financial Disclosures:Restrictions
Mandatory HOA Fee:$

Area: 070 - Wayne County
Subdivision: Cumberland Shores
Zip Code:42633

School System:Wayne County - 70
High School:Wayne Co
Middle School:Wayne Co
Elementary School:Wayne Co

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 Bradley Bigelow 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.





Monticello, KY Market Report

121
Avg. DOM
$123.92
Avg. $ / Sq.Ft.
$ 299,000
Med. List Price

The house prices in Monticello are not dropping at the moment. There has been a increase in price of $133,050.00. 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 Monticello are going Up. The average house price is $299,000.00 and the average price per square feet is $123.92 per square feet. At the moment, the amount of homes listed is exactly 93 houses, with 37 with active status, 8 with pending status and 48 sold in Monticello .

The most popular place to buy a home in Monticello is 070 - Wayne County. 070 - Wayne 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 Monticello .

The average amount of property taxes you would have to pay for a home in Monticello 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 Monticello are staying listed for an average of 119 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 Monticello was 1569 minutes ago.

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

The cost of the most expensive home in Monticello is $774,900.00. 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 Monticello is $89,500.00 . 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 Monticello in year 1948 and the newest built house is in year 9999.

The average size of properties in Monticello is 130.84 sq.ft. , the biggest one being 4841 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.