5 months on rocket

201-203-205-207 Chestnut St, Murray, KY, 42071

$599,000

Home List Price

$7,113*

Closing Credit

0 Baths
Multi

Location

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201-203-205-207 Chestnut St, Murray$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
HeatingForced Air, Heat Pump
CoolingCentral Air
MLS #127054
Lot Size0.45 Acres
StatusActive

About 201-203-205-207 Chestnut St

4-PLEX that is very well cared for with 2 units with 2 bedrooms and 2 units with 3 bedrooms. Flooring is upgraded, all units have appliances furnished and many of the walls and ceilings updated. Complex was built with an owner living in one of the units which would be a great opportunity for the new owner to secure owner occupant financing instead of invertor rates. The property is zoned R-5 and there are 2 extra lots included with property. The City of Murray zoning guidelines are attached. All units are separated by a firewall that goes through the attic to the roof. Tenant and rental history are available.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Stories: 2

Listing Office:

  • Office Name: Crye-Leike Realty Services
  • Listing Agent: Vicki Moore

Interior Features

Interior Information:

  • Flooring Type: Carpet, Laminate, Vinyl/Linoleum
  • Interior: Closet Light(s), Ceiling Fan(s), Washer/Dryer Hookup, Circuit Breakers

Exterior Features

Exterior Information:

  • Exterior: Covered Porch, Deck, Exterior Lights, Gravel Drive, Sidewalks

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.45 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 12 ST (641 ) AND CHESTNUT GO EAST TOWARD 4TH STREET BUILDING ON THE RIGHT COVERS TEH BLACK FROM CHERRY ST TO LP MILLER

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
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Housing Market Comparison

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

Med. Sold Price

$217.7K

Med. Price/SqFt

$131

Avg. Days On Market

36

# of Sold Homes

31

201-203-205-207 Chestnut St vs Murray

173 DAYS ON ROCKET

+137 Days

$599,000

+$381.2K More

KEY TAKEAWAY

This property is $381.2K more than the Median Sold Price in Murray, KY.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #127054

Listing Office:

  • Office Name: Crye-Leike Realty Services
  • Listing Agent: Vicki Moore

IDX Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of the Western Kentucky Regional MLS (WKMLS) and provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Each potential buyer is responsible for conducting his or her own independent inspections,investigations, measurements, inquiries and due diligence concerning the property. Although all information contained herein is believed to be accurate, the Real Estate Broker and the Seller of the property make no warranty or guarantee, actual or implied. Copyright 2024 Western Kentucky Regional MLS, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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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-687055
10
/10
  • Murray Elementary School

  • 111 S Broach St

  • 0.83 miles

  • Public District Grades PK-3

school-card-donut-687056
7
/10
  • North Calloway Elementary School

  • 2928 Brinn Rd

  • 2.52 miles

  • Public District Grades KG-5

school-card-donut-687057
7
/10
  • East Calloway Elementary School

  • 1169 Pottertown Rd

  • 4.20 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,333. The majority of Murray, KY residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Murray, 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 Murray, KY?

The housing landscape in Murray, Calloway, Kentucky, is characterized by a mix of single-family homes and apartment complexes, with single-family homes being the more prevalent option. Architectural styles in the area range from traditional to contemporary, reflecting the town's blend of historic charm and modern growth. The majority of homes were built in the latter half of the 20th century, with a steady increase in new construction to accommodate the growing population. The homeownership rate in Murray is robust, with a significant portion of residents owning their homes, while the remainder of the population opts for renting, indicating a balanced housing market.

Is Murray, KY a good place to live?

Murray is celebrated for its small-town atmosphere and strong sense of community. The town prides itself on its annual events, such as the Freedom Fest and the Murray Ice Cream Festival, which showcase the local culture and bring residents together. The community's character is further defined by its commitment to education, with the presence of Murray State University contributing to a vibrant, collegiate environment that permeates the town.

Are things conveniently located in Murray, KY?

Residents of Murray have access to a range of essential services. The educational landscape includes several public schools at the elementary, middle, and high school levels, as well as private educational options. The town is served by a regional hospital that provides comprehensive healthcare services, including emergency care and specialized treatments. Public libraries in Murray support the community's educational and cultural needs, and the town features a variety of retail and dining options that reflect the local culture. City initiatives are in place to continually improve these services, adapting to the needs of a growing and diverse population.

What does the transportation in Murray, KY look like?

Transportation in Murray includes a combination of private vehicle use and public transit options, with the latter serving the community at scheduled intervals. The town's layout and infrastructure support a moderate level of walkability, particularly in the downtown area and around the university campus. Bikeability varies across different parts of the town, with some areas offering dedicated bike lanes. The road network provides easy access to major highways, facilitating travel and commuting to surrounding areas. While ride-sharing services are available, they complement the existing transportation options without dominating the local transit scene.

Rocket Homes›Kentucky›Calloway County›Murray›42071›201-203-205-207 Chestnut St

This home is located at 201-203-205-207 Chestnut St in Murray, KY and zip code 42071. This home sits on a 0.45 acre lot. It has been listed on Rocket Homes since May 28, 2024 and is currently priced at $599,000.

In October 2024 more than 4 listings in Murray, KY were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 21 were sold below. In October 2024 in Murray, KY there were 2.5% less homes for sale than in September 2024. In October 2024 median list price was $217,750 and the average listing age was 36 days.

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

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