Prime .78 acre residential building lot in Rhea Lee Estates. Ideal for a basement walk out on a quiet street. Mature trees and a mixture of new builds and well maintained homes surround.
Property Details
Property Features
Listing Office:
Office Name: eXp Realty, LLC
Listing Agent: Ashlea McMillan
Exterior Features
Exterior Information:
Waterfront: Other
View: Other
Lot Features
Lot Information:
Lot Size: 0.78 Acres
Other
Directions Information:
Directions: From I-24, take Lone Oak Road West to Lovelaceville. Right on Lutes. Land on the right at the corner of Lutes and Rhea Lee Road.
Price Information
Listing Price Info
Price Summary:
List Price: $30,000
Tax Information:
Annual Amount: $97
Tax Year: 2020
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 Paducah, KY.
This property is $180.8K less than the Median Sold Price in Paducah, KY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #129691
Listing Office:
Office Name: eXp Realty, LLC
Listing Agent: Ashlea McMillan
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of the Western Kentucky Regional MLS (WKMLS) and provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Each potential buyer is responsible for conducting his or her own independent inspections,investigations, measurements, inquiries and due diligence concerning the property. Although all information contained herein is believed to be accurate, the Real Estate Broker and the Seller of the property make no warranty or guarantee, actual or implied. Copyright 2024 Western Kentucky Regional MLS, Inc. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/4/2024, 3:20:49 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
YEAR
PROP. TAX
ASSESSMENT
2020
$97
$10,000
2019
$97
$10,000
2018
$95
$10,000
2017
-
$4,700
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$217
Per Month
Principal & Interest
$150
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
$156
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
7
/10
Loan Oak Intermediate School
300 Cumberland Ave
Distance between this listing and this school1.47 miles
Public District Grades 4-5
8
/10
Lone Oak Elementary School
301 Cumberland Ave
Distance between this listing and this school1.56 miles
Public District Grades PK-3
9
/10
Hendron-Lone Oak Elementary School
2501 Marshall Ave
Distance between this listing and this school2.46 miles
Public District Grades PK-3
Nearby Schools
8
/10
Loan Oak Middle School
225 John E Robinson Dr
Distance between this listing and this school1.43 miles
Public District Grades 6-8
3
/10
Paducah Middle School
342 Lone Oak Rd
Distance between this listing and this school3.90 miles
Public District Grades 6-8
8
/10
Heath Middle School
4336 Metropolis Lake Rd
Distance between this listing and this school6.47 miles
Public District Grades 6-8
Nearby Schools
8
/10
McCracken County High School
6601 US Highway 60 W
Distance between this listing and this school3.36 miles
Public District Grades 9-12
4
/10
Paducah Tilghman High School
2400 Washington St
Distance between this listing and this school4.75 miles
Public District Grades 9-12
1
/10
McCracken Open Campus School
4336 Metropolis Lake Rd
Distance between this listing and this school6.47 miles
The neighbors living near this home have an average income of $82,037. The most common annual income of people living in Paducah, KY is between $35k-100k. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Paducah, 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 Paducah, KY.
Paducah's housing market offers a diverse array of options, with single-family homes being a significant component. Architectural styles in the area range from charming historic homes to contemporary new constructions. The market is balanced, providing opportunities for both homeownership and rental options. While the exact composition of the housing market can vary, there is a healthy mix of older homes with character and modern developments that cater to a range of preferences.
What is it like to live in Paducah, KY?
Paducah is celebrated for its vibrant arts scene and rich cultural heritage. The community prides itself on its annual events, such as the Lowertown Arts & Music Festival, which showcases the city's creative spirit. The downtown area, with its historic buildings and the famous floodwall murals, reflects the city's commitment to preserving its unique character while fostering a sense of community.
Is it easy to get around Paducah, KY without a car?
The community is served by a number of public schools, offering educational opportunities from elementary to high school levels. Healthcare services are available through local clinics and a regional hospital, providing residents with access to essential medical care. The public library system supports lifelong learning with a range of programs and resources. Retail and dining options in Paducah reflect the local culture, with an emphasis on independent businesses and regional cuisine.
Transportation in Paducah, KY.
Transportation in Paducah includes a network of roads that connect residents to the city center and surrounding areas. Public transit options are available, with schedules that cater to the needs of commuters and those without private vehicles. The community's walkability varies by area, with the downtown district being particularly pedestrian-friendly. Bike paths and lanes are also present, encouraging alternative modes of transportation. Ride-sharing services operate in the area, complementing the existing transport infrastructure.
Frequently Asked Questions About 409 Lutes Rd
What is the listing price of this property?
The listing price of 409 Lutes Rd property is $30,000.
What type of property is this?
The property 409 Lutes Rd is land located in Paducah, Kentucky, 42001.
Is this property for sale now?
Active Listing: 409 Lutes 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 $97 (source: MLS/based on county public records data).
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 409 Lutes Rd in Paducah, KY and zip code 42001. This home sits on a 0.78 acre lot. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $30,000.
Over 6 listings were sold over their listed price in November 2024 in Paducah, KY. In the same period over 31 listings were sold below the listed price and 15 listings were sold for the listed price. The inventory of homes for sale in Paducah, KY between October 2024 and November 2024 decreased by 7%.
From Rocket Homes Real Estate and based on county public records data.