2 months on rocket

250 Cimarron Rd, Morehead, KY, 40351

$325,000

Home List Price

$3,859*

Closing Credit

2 Bedrooms
2 Full Baths
House

Location

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250 Cimarron Rd, Morehead$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1992
HeatingElectric
CoolingWindow Unit(s)
MLS #24018079
Lot Size38.66 Acres
StatusActive

About 250 Cimarron Rd

A rare find in a highly desirable location! This expansive surveyed 38.655 acre property offers endless possibilities, whether you're looking for a serene piece of farmland, a prime development opportunity, or a sound investment.The property features a well-maintained 14x70 Giles single-wide home from 1992, offering a comfortable and functional living space as well as a large 48x32 barn. The real gem of this property, however, is the land itself. With 45 acres of perfectly flat, prime real estate, it is ready for transformation. Its expansive and versatile layout makes it ideal for farming, development, or a variety of other innovative projects.Located less than a mile from the Morehead city limits and just 1 mile from Walmart, this property combines the tranquility of rural living with the convenience of nearby amenities. You're just an hour away from both Lexington and Ashland, making this location perfect for those who want a peaceful retreat without sacrificing accessibility.

Property Details

Property Features

Property Information:

  • Year Built: 1992
  • Stories: 1

Listing Office:

  • Office Name: United Real Estate Bluegrass
  • Office Phone: (859) 800-7355

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Refrigerator, Range
  • Flooring Type: Carpet, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 38.66 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: From Morehead Turn right on 377(Cranston Rd) Travel approx. half of a mile then turn right onto Cimarron Rd. Travel approx. .4 miles and property is located both on the left and right side of the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000

Tax Information:

  • Annual Amount: $58
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$200K

Med. Price/SqFt

$75

Avg. Days On Market

34

# of Sold Homes

11

250 Cimarron Rd vs Morehead

85 DAYS ON ROCKET

+51 Days

$325,000

+$125K More

KEY TAKEAWAY

This property is $125K more than the Median Sold Price in Morehead, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24018079

Listing Office:

  • Office Name: United Real Estate Bluegrass
  • Office Phone: (859) 800-7355

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: 11/22/2024, 3:20:53 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

Feb 05, 2013Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2020$58$95,000
2019$152$95,000
2018$308$6,480

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-505938
4
/10
  • McBrayer Elementary School

  • 550 Viking Dr

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-505939
5
/10
  • Rodburn Elementary School

  • 91 Christy Crk

  • 3.11 miles

  • Public District Grades KG-5

school-card-donut-505940
5
/10
  • Clearfield Elementary School

  • 460 McBrayer Rd

  • 3.55 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,130. Residents of Morehead, KY typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 250 Cimarron Rd

What is the listing price of this property?

The listing price of 250 Cimarron Rd property is $325,000.

What type of property is this?

The property 250 Cimarron Rd is a house located in Morehead, Kentucky, 40351.

Is this property for sale now?

Active Listing: 250 Cimarron Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $58 (source: MLS/based on county public records data).

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

The last sale was on February 5, 2013 for $95,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 250 Cimarron Rd has 2 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 250 Cimarron Rd is 1992.

Rocket Homes›Kentucky›Rowan County›Morehead›40351›250 Cimarron Rd

This home is located at 250 Cimarron Rd in Morehead, KY and zip code 40351. This home, which was built in 1992, sits on a 38.66 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $325,000.

Morehead, KY housing market in October 2024 saw over 7 listings sold above listed price, more than 0 sold at listed price and over 4 sold below. The inventory of homes for sale in Morehead, KY between September 2024 and October 2024 increased by 20.4%. In October 2024 median list price was $200,000 and the average listing age was 34 days.

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

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