8 months on rocket

1201 Chestnut St, Murray, KY, 42071

$399,000

0.22 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeBusiness
WaterfrontOther
ViewOther
MLS #126400
Lot Size0.22 Acres
StatusActive

About 1201 Chestnut St

One of Murray’s most prime Commercial Corners sitting on the corner of 12th street and Chestnut! This lot boasts some of the highest traffic count in the Area! The lot will hold a building up to around 2,000 SqFt with approval from the City of Murray. It is zoned B-2 Highway Business. Deeded restrictions include: No fuel sales, No quick serve restaurant, and no package beverage sales.

Property Details

Property Features

Listing Office:

  • Office Name: SBG Real Property Professionals
  • Listing Agent: Jesse Rains

Exterior Features

Exterior Information:

  • Waterfront: Other
  • View: Other

Lot Features

Lot Information:

  • Lot: Corner Lot, Highway Frontage, City Lot, Level
  • Lot Size: 0.22 Acres

Other

Directions Information:

  • Directions: Starting at the corner of 4th St and Main St, head North on 4th Street for 0.5 Miles. At the intersection, turn left onto Chestnut St. Head West on Chestnut St for 0.7 Miles. The lot is located on West side of 12th Street and the South side of Chestnut St

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
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Housing Market Comparison

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

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Murray, KY

City

Med. Sold Price

$228.5K

Med. Price/SqFt

$136

# of Sold Homes

14

1201 Chestnut St vs Murray

249 DAYS ON ROCKET

$399,000

+$170.5K More

KEY TAKEAWAY

This property is $170.5K more than the Median Sold Price in Murray, KY.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #126400

Listing Office:

  • Office Name: SBG Real Property Professionals
  • Listing Agent: Jesse Rains

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: 12/22/2024, 6:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 08, 2020Home Sold
$1,045,000

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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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-894713
10
/10

  • Murray Elementary School

  • 111 S Broach St

  • 0.87 miles

  • Public District Grades PK-3

school-card-donut-894714
7
/10

  • North Calloway Elementary School

  • 2928 Brinn Rd

  • 2.50 miles

  • Public District Grades KG-5

school-card-donut-894715
7
/10

  • East Calloway Elementary School

  • 1169 Pottertown Rd

  • 4.16 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,333. Typical income of Murray, KY residents is between $35k-100k annually. Most families are single, no kids. Most 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.

Frequently Asked Questions About 1201 Chestnut St

What is the listing price of this property?

The listing price of 1201 Chestnut St property is $399,000.

What type of property is this?

The property 1201 Chestnut St is land located in Murray, Kentucky, 42071.

Is this property for sale now?

Active Listing: 1201 Chestnut St is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on January 8, 2020 for $1,045,000. (source: MLS/tax record).

How much acreage is this property?

The property 1201 Chestnut St is 0.22 acres.
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Rocket Homes›Kentucky›Calloway County›Murray›42071›1201 Chestnut St

This home is located at 1201 Chestnut St in Murray, KY and zip code 42071. This home sits on a 0.22 acre lot. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $399,000.

In November 2024 more than 2 listings in Murray, KY were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 9 were sold below. The number of homes for sale in Murray, KY decreased by 9.6% between October 2024 and November 2024.

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

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