6 months on rocket

221 E 4th St, London, KY, 40741

$360,000

Home List Price

$4,275*

Closing Credit

0 Baths
Multi

Location

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221 E 4th St, London$360,000

Buyer Closing Credits

$4,275*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1947
MLS #24009569
Lot Size0.12 Acres
StatusActive

About 221 E 4th St

Investment opportunity featuring 5 apartments in 3 separate buildings. Back two 3 story structures have 2 apartments in each, with 2 bed/1 bath. Front building, which once served as a beauty/barber shop, is an efficiency unit that had a build-out to accommodate Highlands Diversified company. Offer kitchen and laundry hookup. Recently renovated to 3 apartments. Building on back left, 221 2/1, boasts a 3 yr old metal roof, newer vinyl windows, real hardwood flooring throughout. The back right building, 221 1/2, offer a newer roof, original hardwood and newly restored walk-out deck patio. Incredible opportunity for a Real Estate Investor!

Property Details

Property Features

Property Information:

  • Year Built: 1947
  • Stories: 1

Listing Office:

  • Office Name: CENTURY 21 Advantage Realty
  • Office Phone: (606) 878-0021

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Other

Directions Information:

  • Directions: From exit 41, head East on 192 to second traffic light, make a left on 5th Street, travel 2 miles to main street, make right and direct left on 4th, property is around 800' on left across from the Good Samaritan Homeless Shelter. 221 & 223.

Price Information

Listing Price Info

Price Summary:

  • List Price: $360,000

Tax Information:

  • Annual Amount: $834
  • Tax Year: 2019
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Housing Market Comparison

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

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London, KY

City

Med. Sold Price

$229.8K

Med. Price/SqFt

$118

Avg. Days On Market

55

# of Sold Homes

23

221 E 4th St vs London

184 DAYS ON ROCKET

+129 Days

$360,000

+$130.1K More

KEY TAKEAWAY

This property is $130.1K more than the Median Sold Price in London, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24009569

Listing Office:

  • Office Name: CENTURY 21 Advantage Realty
  • Office Phone: (606) 878-0021

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: 11/15/2024, 1:21:00 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 - $100,000
2019$834$100,000
2018$832$100,000
2017$831$100,000

History based on county public records data.

Payment Calculator

$1,864

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,146

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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-404056
10
/10

  • London Elementary School

  • 600 N Main St

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-404057
8
/10

  • Johnson Elementary School

  • 1781 McWhorter Rd

  • 2.65 miles

  • Public District Grades PK-5

school-card-donut-404058
10
/10

  • Sublimity Elementary School

  • 900 Sublimity School Rd

  • 2.69 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,598. Residents of London, KY typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Kentucky›Laurel County›London›40741›221 E 4th St

This home is located at 221 E 4th St in London, KY and zip code 40741. This home, which was built in 1947, sits on a 0.12 acre lot. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $360,000.

While more than 4 listings in London, KY in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 16 were sold below. The inventory of homes for sale in London, KY between September 2024 and October 2024 increased by 4.9%. The median list price of listings available in October 2024 was $229,833, while the average time on the real estate market was 55 days.

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

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