Prime property on the scenic Cumberland Falls Highway, less than 0.5 mile from Interstate exit, Corbin Arena, eating, medical and more. Seller is selling the property as is, where is and the means you get an incredible deal in a growing part of Whitley County!
Property Details
Property Features
Listing Office:
Office Name: Sallie Davidson, Realtors
Office Phone: (606) 877-3000
Lot Features
Lot Information:
Lot Size: 4.50 Acres
Other
Directions Information:
Directions: From exit 29 drive south on Cumberland Falls Highway. Approx 0.4mi the property is on your right.
Price Information
Listing Price Info
Price Summary:
List Price: $186,500
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Corbin, KY.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$998
Per Month
Principal & Interest
$931
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$626
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Hunter Hills Elementary School
8325 S US 25
Distance between this listing and this school0.92 miles
Public District Grades PK-5
7
/10
Camp Ground Elementary School
6800 Barbourville Rd
Distance between this listing and this school4.33 miles
Public District Grades PK-5
9
/10
Wyan-Pine Grove Elementary School
2330 Keavy Rd
Distance between this listing and this school5.47 miles
Public District Grades PK-5
Nearby Schools
10
/10
Corbin Middle School
50 Ed McNeel Dr
Distance between this listing and this school3.78 miles
Public District Grades 6-8
8
/10
South Laurel Middle School
223 S Laurel Rd
Distance between this listing and this school6.93 miles
Public District Grades 6-8
9
/10
North Laurel Middle School
101 Johnson Rd
Distance between this listing and this school8.91 miles
Public District Grades 6-8
Nearby Schools
3
/10
Lynn Camp Schools
100 N KY 830
Distance between this listing and this school4.29 miles
Public District Grades PK-12
4
/10
Corbin School of Innovation
800 S Kentucky Ave
Distance between this listing and this school4.57 miles
Public District Grades KG-12
8
/10
Corbin High School
1901 Snyder St
Distance between this listing and this school5.22 miles
The neighbors living near this home have an average income of $52,500. Typical income of Corbin, KY residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living 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.
Frequently Asked Questions About 2984 Cumberland Falls Highway
What is the listing price of this property?
The listing price of 2984 Cumberland Falls Highway property is $186,500.
What type of property is this?
The property 2984 Cumberland Falls Highway is land located in Corbin, Kentucky, 40701.
Is this property for sale now?
Active Listing: 2984 Cumberland Falls Highway is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 2984 Cumberland Falls Highway is 4.50 acres.
Interested in 2984 Cumberland Falls Highway? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2984 Cumberland Falls Highway in Corbin, KY and zip code 40701. This home sits on a 4.50 acre lot. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $186,500.
Over 1 listings were sold over their listed price in October 2024 in Corbin, KY. In the same period over 15 listings were sold below the listed price and 10 listings were sold for the listed price. The inventory of homes for sale in Corbin, KY between September 2024 and October 2024 increased by 0.8%. Listings spent 39 days on the market in October 2024, and had a median list price of $210,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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.
Extreme Sports
Extreme Sports
Figure Skating
Pro Wrestling
Academy Sports & Outdoors
Kmart
Wal-Mart
Little Caesars
Bob Evans
Sonic
Chevrolet
Buick
Oldsmobile
Country
Oldies