2 months on rocket

Backup Offers

1001 Quarter Mile Way, Frankfort, KY, 40601

$224,900

Home List Price

$2,671*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1001 Quarter Mile Way, Frankfort$224,900

Buyer Closing Credits

$2,671*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Year Built2000
HeatingForced Air
CoolingElectric
MLS #24020842
Lot Size0.10 Acres
StatusAccepting Backup Offers
(Contingent)

About 1001 Quarter Mile Way

Charming Ranch in Silver Lake II Subdivision!This 3-bed, 2-bath home is perfect for first-time buyers or investors. Updated with new vinyl plank flooring (2021), a new cooling system (2021), and a new roof (2023), this home offers peace of mind for years to come. The semi-open floor plan is ideal for entertaining, featuring a galley-style kitchen with ample counter space and a spacious dining area. The large primary bedroom provides natural light, a walk-in closet, and an en suite bath. Two more sizable bedrooms and a second full bath complete the home. Plus, a 2-car garage adds extra convenience. Located in the desirable Silver Lake II Subdivision, this one won?t last long!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2000
  • Stories: 1

Listing Office:

  • Office Name: SimpliHOM
  • Office Phone: (859) 509-8401

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: No
  • Flooring Type: Vinyl
  • Interior: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Electric

Other

Directions Information:

  • Directions: Take East Main Street to Equine Way in Frankfort. Follow Equine to Quarter Mile Way. Corner house on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $224,900

Tax Information:

  • Annual Amount: $161
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Frankfort, KY.

Map thumbnail provided by MapBox

Frankfort, KY

City

Med. Sold Price

$239K

Med. Price/SqFt

$131

Avg. Days On Market

31

# of Sold Homes

51

1001 Quarter Mile Way vs Frankfort

61 DAYS ON ROCKET

+30 Days

$224,900

-$14.1K Less

KEY TAKEAWAY

This property is $14.1K less than the Median Sold Price in Frankfort, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24020842

Listing Office:

  • Office Name: SimpliHOM
  • Office Phone: (859) 509-8401

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 1:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$161$121,387
2018 - $121,387
2017$912$105,000

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3501919
3
/10

  • Hearn Elementary School

  • 300 Copperleaf Blvd

  • 1.13 miles

  • Public District Grades 1-5

school-card-donut-3501920
3
/10

  • Elkhorn Elementary School

  • 928 E Main St

  • 1.16 miles

  • Public District Grades 1-5

school-card-donut-3501921
4
/10

  • Peaks Mill Elementary School

  • 100 Peaks Mill Rd

  • 2.26 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,927. Residents of Frankfort, KY typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Frankfort, KY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Frankfort, KY?

Frankfort's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles in the area range from historic to contemporary, reflecting the city's rich history and modern growth. The market is balanced with a mix of older homes that exude character and newer constructions that offer modern amenities. While exact statistics are not provided, the area is known for its blend of residential offerings that cater to a variety of preferences and budgets.

Is Frankfort, KY a good place to live?

Frankfort is celebrated for its unique blend of small-town charm and historical significance as Kentucky's capital. The community prides itself on a rich cultural heritage, with landmarks such as the Kentucky State Capitol and the Governor's Mansion enhancing the city's character. Annual events and festivals contribute to the vibrant local culture, fostering a sense of community among residents.

Are things conveniently located in Frankfort, KY?

The community benefits from a solid educational system, with multiple public and private schools serving the area, including specialized institutions that cater to a range of educational needs. Healthcare services are available through local clinics and a regional hospital, providing residents with essential medical care. The city also features a public library system and a variety of retail and dining options that reflect the local culture. Initiatives to improve services are ongoing, adapting to the evolving needs of the community.

What does the transportation in Frankfort, KY look like?

Transportation in Frankfort includes a network of roads and highways that connect residents to nearby cities and attractions. Public transit options are available, offering residents alternatives to private vehicle use. The city's walkability varies by area, with the downtown region being particularly pedestrian-friendly. Efforts to enhance transportation efficiency and accessibility are part of the city's ongoing development plans.

Frequently Asked Questions About 1001 Quarter Mile Way

What is the listing price of this property?

The listing price of 1001 Quarter Mile Way property is $224,900.

What type of property is this?

The property 1001 Quarter Mile Way is a house located in Frankfort, Kentucky, 40601.

Is this property for sale now?

Accepting Backup Offers: 1001 Quarter Mile Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $161 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1001 Quarter Mile Way has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 1001 Quarter Mile Way is 2000.

Rocket Homes›Kentucky›Franklin County›Frankfort›40601›1001 Quarter Mile Way

This home is located at 1001 Quarter Mile Way in Frankfort, KY and zip code 40601. This home, which was built in 2000, sits on a 0.10 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $224,900.

In November 2024, from all listings sold in Frankfort, KY there were more than 8 sold above asking price, over 28 sold below and more than 15 were sold right at the asked price. The number of homes for sale in Frankfort, KY decreased by 3.1% between October 2024 and November 2024. In November 2024 median list price was $239,000 and the average listing age was 31 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources