This great 1/2 acre basement lot is located in the desirable Silver Creek Subdivision and is ready for you to build your next home! Located within close proximity to the interstate and various dining/shopping amenities. *Neighborhood restrictions apply - no mobile homes.
Property Details
Property Features
Listing Office:
Office Name: United Real Estate Bluegrass
Office Phone: (859) 800-7355
Lot Features
Lot Information:
Lot Size: 0.50 Acres
School Info
Assigned Schools Information:
Montgomery County High School, Public District Grades 9-12
Mapleton Elementary School, Public District Grades KG-4
Other
Directions Information:
Directions: From Maysville Rd/Rt 11 turn onto Silver Creek Dr. Continue approximately 1 mile. Lot will be on your right.
Price Information
Listing Price Info
Price Summary:
List Price: $37,000
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 Mount Sterling, 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.
$252
Per Month
Principal & Interest
$185
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
$177
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.
Elementary School
6
/10
Mapleton Elementary School
809 Indian Mound Dr
Distance between this listing and this school1.23 miles
Public District Grades KG-4
High School
5
/10
Montgomery County High School
724 Woodford Dr
Distance between this listing and this school2.75 miles
Public District Grades 9-12
Assigned Schools
6
/10
Mapleton Elementary School
809 Indian Mound Dr
Distance between this listing and this school1.23 miles
Public District Grades KG-4
Nearby Schools
5
/10
Mount Sterling Elementary School
6601 Indian Mound Rd
Distance between this listing and this school3.21 miles
Public District Grades KG-4
5
/10
Camargo Elementary School
4307 Camargo Rd
Distance between this listing and this school6.64 miles
Public District Grades PK-4
Nearby Schools
5
/10
McNabb Middle School
3570 Indian Mound Dr
Distance between this listing and this school2.91 miles
Public District Grades 7-8
3
/10
Bath County Middle School
335 W Main St
Distance between this listing and this school11.64 miles
Public District Grades 6-8
3
/10
Powell County Middle School
770 W College Ave
Distance between this listing and this school16.81 miles
Public District Grades 6-8
Assigned Schools
5
/10
Montgomery County High School
724 Woodford Dr
Distance between this listing and this school2.75 miles
Public District Grades 9-12
Nearby Schools
2
/10
Bath County High School
645 Chenault Dr
Distance between this listing and this school11.84 miles
Public District Grades 9-12
6
/10
George Rogers Clark High School
2745 New Boonesborough Rd
Distance between this listing and this school14.06 miles
The neighbors living near this home have an average income of $59,205. Residents of Mount Sterling, KY typically earn between $35k-100k each year. Residents typically live in married, no kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 375 Silver Lake Dr
What is the listing price of this property?
The listing price of 375 Silver Lake Dr property is $37,000.
What type of property is this?
The property 375 Silver Lake Dr is land located in Mt Sterling, Kentucky, 40353.
Is this property for sale now?
Active Listing: 375 Silver Lake Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 375 Silver Lake Dr are: Mapleton Elementary School: GreatSchools Rating 6/10Montgomery County High School: GreatSchools Rating 5/10
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 375 Silver Lake Dr in Mt Sterling, KY and zip code 40353. This home sits on a 0.50 acre lot. It has been listed on Rocket Homes since June 11, 2024 and is currently priced at $37,000.
In October 2024 more than 2 listings in Mount Sterling, KY were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 6 were sold below. The inventory of homes for sale in Mount Sterling, KY between September 2024 and October 2024 increased by 4%. While the average time on the market in October 2024 was 42 days, the median list price was $223,500.
From Rocket Homes Real Estate and based on county public records data.