3 months on rocket

106 18th St, Corbin, KY, 40701

$899,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
4 Full Baths
4,538 SqFt
$198/SqFt
Multi

Location

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106 18th St, Corbin$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built9999
MLS #24016143
Lot Size1.11 Acres
StatusActive

About 106 18th St

PRIME BUSINESS OPPORTUNITY IN HIGH TRAFFIC AREA! Unlock limitless potential with this prime commercial opportunity in Corbin! Situated on 1.11 acres with 300 feet of road frontage on Cumberland Falls Highway located near the corner of Main Street, this property offers a strategic location for any business venture. Whether you envision office space, retail space, a restaurant, or a mixed-use development, this location is perfect. High visibility and accessibility ensure maximum exposure in a thriving community. It also includes three buildings with four fully occupied residential rental units, providing immediate income for the new owner. Two of these buildings are currently scheduled to receive brand new roofs which will provide added peace of mind. Don't miss out on this rare chance to establish your business in a growing area. Act now before it's too late!

Property Details

Property Features

Property Information:

  • Year Built: 9999
  • Stories: 2
  • Living Area: 4,538 SqFt

Listing Office:

  • Office Name: USA Realty
  • Office Phone: (606) 521-0671

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 9

Lot Features

Lot Information:

  • Lot Size: 1.11 Acres

Other

Directions Information:

  • Directions: From downtown Corbin: Follow Main Street to 18th Street (Cumberland Falls Hwy) and turn RIGHT. Property begins just past Hamlin and Kersey on your RIGHT.From I-75: Take exit 25 and travel toward Corbin downtown (traveling South turn LEFT off of exit ramp, traveling North turn RIGHT off of exit ramp). Travel approximately 2.4 miles and property will be on your left. Company signage on lot.

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000
  • Price Per SqFt: $198/SqFt

Tax Information:

  • Annual Amount: $782
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$210.5K

Avg. Days On Market

39

# of Sold Homes

26

106 18th St vs Corbin

107 DAYS ON ROCKET

+68 Days

$899,000

+$688.5K More

$198/SqFt

KEY TAKEAWAY

This property is $688.5K more than the Median Sold Price in Corbin, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24016143

Listing Office:

  • Office Name: USA Realty
  • Office Phone: (606) 521-0671

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: 11/18/2024, 2:20:54 AM 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$782$217,800
2019$782$217,800
2017 - $217,800

History based on county public records data.

Payment Calculator

$4,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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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-616031
8
/10
  • Corbin Primary School

  • 3551 5th Street Rd

  • 3.09 miles

  • Public District Grades KG-3

school-card-donut-616032
8
/10
  • Oak Grove Elementary School

  • 4505 Cumberland Falls Hwy

  • 4.29 miles

  • Public District Grades PK-6

school-card-donut-616033
10
/10
  • Hunter Hills Elementary School

  • 8325 S US 25

  • 4.43 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,538. The majority of Corbin, KY residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Corbin, 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 Corbin, KY?

The housing landscape in Corbin, Kentucky, features a selection of single-family homes, which are prevalent, reflecting the area's suburban character. Architectural styles vary, with a mix of traditional and ranch-style homes commonly found. The market also includes a modest number of apartments and townhouses, providing options for different housing needs. The majority of homes were built in the latter half of the 20th century, with a focus on family living spaces.

Is Corbin, KY a good place to live?

Corbin is celebrated for its small-town charm and close-knit community atmosphere. The city takes pride in its rich history and cultural heritage, with annual events that bring residents together to celebrate local traditions and foster a sense of community. The downtown area retains a quaint character, with local businesses and historic buildings that contribute to the city's unique identity.

Are things conveniently located in Corbin, KY?

Corbin offers a range of essential services to its residents. The educational system includes several public schools, catering to different age groups, and a few private institutions that complement the public offerings. Healthcare is accessible through local clinics and a regional hospital that provides various medical services. The city also has a public library system that serves as a resource for education and community engagement. Retail and dining options reflect the local culture, with a mix of family-owned shops and restaurants.

What does the transportation in Corbin, KY look like?

Transportation in Corbin includes a network of roads that connect residents to nearby cities and attractions. While public transit options are limited, the community is served by a few bus routes that facilitate local travel. The area is moderately walkable, with certain neighborhoods offering more pedestrian-friendly environments. For those relying on private transport, major highways provide convenient access for commuting and travel. The city is also accessible to ride-sharing services, enhancing mobility for residents and visitors.

Rocket Homes›Kentucky›Whitley County›Corbin›40701›106 18th St

This home is located at 106 18th St in Corbin, KY and zip code 40701. This 4,538 square foot home, which was built in 9999, sits on a 1.11 acre lot. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $899,000.

While more than 1 listings in Corbin, KY in October 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 15 were sold below. Between September 2024 and October 2024, Corbin, KY real estate market has seen increase in the number of listings by 0.8%. While the average time on the market in October 2024 was 39 days, the median list price was $210,500.

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

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