2 months on rocket

Sale Pending

488 Bratcher Ln, Berea, KY, 40403

$142,500

Home List Price

$1,692*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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488 Bratcher Ln, Berea$142,500

Buyer Closing Credits

$1,692*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built9999
HeatingNatural Gas
CoolingHeat Pump, Electric
MLS #24022918
Lot Size0.55 Acres
StatusSale Pending
(Pending)

About 488 Bratcher Ln

INVESTOR'S DREAM- Cozy Ranch Home in Berea,KY-ESTATE SALE, Selling AS-ISOpportunity awaits at 488 Bratcher Lane, a single-family ranch on a generous .55 acre lot. With approximately 954 Sq.ft of living space, this 3 bedroom, 1 bath home features an inviting living room and eat in kitchen. While it needs a little TLC, this property has immense potential, whether as a single family residence or an income generating rental. Being offered as an estate sale and sold AS-IS, inspections are welcome, though no repairs will be made.With a bit of vision and care, this home could become a fantastic addition to an investment portfolio or a charming home for new residents. Don't miss out on a chance to transform 488 Bratcher Lane into a valuable asset. Schedule your viewing today! This home will not qualify for FHA, VA or USDA.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 9999
  • Stories: 1

Listing Office:

  • Office Name: RE/MAX Elite Realty
  • Office Phone: (859) 408-7922

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Vinyl, Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.55 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Heat Pump, Electric

Other

Directions Information:

  • Directions: From the front of Boone Tavern turn left and follow straight all the way to Bratcher Lane, take a right onto Bratcher and follow to 488 Bratcher which will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $142,500

Tax Information:

  • Annual Amount: $209
  • Tax Year: 2020
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Housing Market Comparison

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

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Berea, KY

City

Med. Sold Price

$257.9K

Avg. Days On Market

24

# of Sold Homes

24

488 Bratcher Ln vs Berea

63 DAYS ON ROCKET

+39 Days

$142,500

-$115.4K Less

KEY TAKEAWAY

This property is $115.4K less than the Median Sold Price in Berea, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24022918

Listing Office:

  • Office Name: RE/MAX Elite Realty
  • Office Phone: (859) 408-7922

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. © 2025 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: 1/2/2025, 12:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$209$60,000
2019$160$55,000
2018$177$55,000

History based on county public records data.

Payment Calculator

$779

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$494

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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-2595348
2
/10

  • Berea Community Elementary School

  • 2 Pirate Pkwy

  • 1.71 miles

  • Public District Grades PK-5

school-card-donut-2595349
5
/10

  • Silver Creek Elementary School

  • 75 Old US 25 N

  • 2.22 miles

  • Public District Grades PK-5

school-card-donut-2595350
8
/10

  • Shannon Johnson Elementary School

  • 109 Oakwood Dr

  • 2.35 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,316. The most common annual income of people living in Berea, KY is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Berea, 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 Berea, KY.

Berea's housing market offers a diverse array of options, with single-family homes being a significant presence. The architectural styles in Berea range from traditional to contemporary, reflecting the town's blend of historic charm and modern growth. While the majority of the housing stock consists of single-family residences, there is also a selection of apartments and townhouses that cater to different preferences and needs. The homeownership rate in Berea is indicative of a community with a strong sense of property ownership, though rental opportunities are also available for those seeking flexibility.

What is it like to live in Berea, KY?

Berea is celebrated for its vibrant arts scene and the strong sense of community that pervades the town. Known for its crafts and folk art, Berea prides itself on being a cultural hub in the region, with events like the Berea Craft Festival drawing visitors and locals alike. The town's character is further defined by its commitment to sustainability and education, with Berea College playing a central role in the community's identity.

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

The community benefits from a solid educational system, including a mix of public and private schools that cater to a range of educational needs. Berea's healthcare facilities provide residents with essential services, and the town's public library system supports lifelong learning and community engagement. Retail and dining options in Berea reflect the local culture, offering both traditional and contemporary choices. City initiatives are in place to continually improve services to meet the evolving needs of Berea's diverse population.

Transportation in Berea, KY.

Berea's transport infrastructure supports both private and public transit options, with a focus on accessibility and convenience. The town features a network of roads that connect residents to nearby cities and attractions, and public transportation services are available to facilitate local travel. Berea is also attentive to the needs of pedestrians and cyclists, with areas designed to be friendly to those traveling on foot or by bike. Ongoing efforts are made to enhance the efficiency and accessibility of the town's transportation systems.

Frequently Asked Questions About 488 Bratcher Ln

What is the listing price of this property?

The listing price of 488 Bratcher Ln property is $142,500.

What type of property is this?

The property 488 Bratcher Ln is a house located in Berea, Kentucky, 40403.

Is this property for sale now?

Sale Pending: 488 Bratcher Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $209 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 488 Bratcher Ln has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 488 Bratcher Ln is 9999.

Rocket Homes›Kentucky›Madison County›Berea›40403›488 Bratcher Ln

This home is located at 488 Bratcher Ln in Berea, KY and zip code 40403. This home, which was built in 9999, sits on a 0.55 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $142,500.

Over 5 listings were sold over their listed price in December 2024 in Berea, KY. In the same period over 10 listings were sold below the listed price and 9 listings were sold for the listed price. In December 2024 in Berea, KY there were 3% less homes for sale than in November 2024. The median list price of listings available in December 2024 was $257,900, while the average time on the real estate market was 24 days.

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

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