5 months on rocket

406 Highland Ave, Georgetown, KY, 40324

$265,000

Home List Price

$3,147*

Closing Credit

7 Bedrooms
3 Full Baths
2,304 SqFt
$115/SqFt
Multi

Location

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406 Highland Ave, Georgetown$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 - 5 Spaces
Year Built9999
HeatingHeat Pump
CoolingHeat Pump
MLS #24014193
Lot Size0.29 Acres
StatusActive

About 406 Highland Ave

Investors, this one is for you! This 3 Unit home located in Downtown Georgetown is currently rented out and cash flowing. The tenants are on Month to Month terms. Priced BELOW appraised value.

Property Details

Property Features

Property Information:

  • Year Built: 9999
  • Stories: 3
  • Living Area: 2,304 SqFt

Listing Office:

  • Office Name: The Brokerage
  • Office Phone: (859) 983-7365

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: 1 - 5 Spaces

Lot Features

Lot Information:

  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: From downtown Georgetown: Turn Right onto W Clinton St., turn Left onto Highland Ave. Property is the last home on the Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $115/SqFt

Tax Information:

  • Annual Amount: $1,231
  • Tax Year: 2020
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Housing Market Comparison

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

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Georgetown, KY

City

Med. Sold Price

$334.6K

Med. Price/SqFt

$181

Avg. Days On Market

32

# of Sold Homes

53

406 Highland Ave vs Georgetown

160 DAYS ON ROCKET

+128 Days

$265,000

-$69.6K Less

$115/SqFt

-$66 Less

KEY TAKEAWAY

This property is $69.6K less than the Median Sold Price and $66/SqFt less than other homes in Georgetown, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24014193

Listing Office:

  • Office Name: The Brokerage
  • Office Phone: (859) 983-7365

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: 12/18/2024, 8:21:01 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

May 16, 2008Home Sold
$75,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,231$130,700
2019$1,107$130,700
2018$1,116$119,900
2017$1,116$117,592

History based on county public records data.

Payment Calculator

$1,390

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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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-4449981
7
/10

  • Garth Elementary School

  • 501 S Hamilton St

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-4449982
2
/10

  • Southern Elementary School

  • 1200 Fairfax Way

  • 0.91 miles

  • Public District Grades KG-5

school-card-donut-4449983
4
/10

  • Lemons Mill Elementary School

  • 300 School House St

  • 1.84 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 $49,700. The majority of Georgetown, KY residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Georgetown, 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.

Types of housing in Georgetown, KY.

Georgetown, Kentucky, offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles in the area range from traditional to contemporary, with a noticeable presence of brick facades and colonial influences. The housing market is dynamic, with a mix of historic homes and newer constructions that cater to a variety of preferences and budgets.

What is it like to live in Georgetown, KY?

Georgetown is celebrated for its rich history and small-town charm, maintaining a close-knit community atmosphere. The area prides itself on its cultural heritage, with annual events like the Festival of the Horse that showcase local traditions and community spirit. The downtown area is a hub of activity, offering quaint shops and local eateries that contribute to the town's unique character.

Is it easy to get around Georgetown, KY without a car?

The community is served by a range of essential services, including public schools that span from elementary to high school levels, as well as private educational options. Healthcare is accessible through local clinics and a regional hospital that provides a spectrum of services from emergency care to specialized treatments. Georgetown also features a public library system and a variety of retail and dining options that reflect the local culture.

Transportation in Georgetown, KY.

Transportation in Georgetown includes a network of well-maintained roads and highways that connect residents to nearby cities and amenities. Public transit options are available, offering routes that facilitate access to key areas within the town. The community is also bike-friendly, with certain areas designed to be particularly welcoming to pedestrians. Ongoing initiatives aim to enhance the efficiency and accessibility of the transportation system to meet the needs of a growing population.

Rocket Homes›Kentucky›Scott County›Georgetown›40324›406 Highland Ave

This home is located at 406 Highland Ave in Georgetown, KY and zip code 40324. This 2,304 square foot home, which was built in 9999, sits on a 0.29 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $265,000.

Over 8 listings were sold over their listed price in November 2024 in Georgetown, KY. In the same period over 22 listings were sold below the listed price and 23 listings were sold for the listed price. The number of listings in Georgetown, KY increased by 5.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $334,680, while the average time on the real estate market was 32 days.

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

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