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Backup Offers

4950 S Hwy 1009, Monticello, KY, 42633

$399,000

Home List Price

$4,738*

Closing Credit

10 Full Baths
12,160 SqFt
$33/SqFt
Multi

Location

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4950 S Hwy 1009, Monticello$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking11 - 20 Spaces, Gravel, Open
Year Built1964
HeatingElectric, Zoned
CoolingElectric, Zoned
MLS #23018025
Lot Size8.00 Acres
StatusAccepting Backup Offers
(Contingent)

About 4950 S Hwy 1009

Drastic Reduction !! Unbelievable Buy at this New Price! Be sure to check out this unique opportunity in this very appealing property. Solidly built as an elementary school in the early 1960's, this building has been beautifully renovated into a residential property with 10 separate units, all under one roof. For over 10 years, the current owners have painstakingly converted the property to a showplace you have to see! There are (3) 2-bedroom Apts with 2 car garage, 1 bedroom apt with 2 car garage, and 6 other studio units. 4-units that have additional storage, in addition to tons of attic storage. All units have a doorway to the outside, along with an interior hallway that runs the length of the building. There is a common kitchen & dining area along with several storage bays. Most of the furnishings and appliances stay. Outside is a storage building and barn, all on an 8-acre tract. The owners are in the process of installing an electric vehicle charging station. The mountain views are incredible! Think of possibilities here; a bed & breakfast, a 10-unit apartment or condo building, a rehabilitation center, or a place to house your whole extended family and friends.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 1
  • Living Area: 12,160 SqFt

Listing Office:

  • Office Name: Access Realty & Auction
  • Office Phone: (606) 348-0140

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 10

Exterior Features

Parking Information:

  • Parking: 11 - 20 Spaces, Gravel, Open

Lot Features

Lot Information:

  • Lot Size: 8.00 Acres

Utilities

Utilities Information:

  • Heating: Electric, Zoned
  • Cooling: Electric, Zoned

School Info

Assigned Schools Information:

  • Wayne County High School, Public District Grades 9-12
  • Wayne County Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: Leaving Monticello going West on KY 90, travel around 8 miles and turn left on 1009S. Travel around 5 miles to property on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $33/SqFt
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MLS Details

MLS Information:

  • MLS Number: #23018025

Listing Office:

  • Office Name: Access Realty & Auction
  • Office Phone: (606) 348-0140

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: 9/18/2024, 8:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Middle School

school-card-donut-3223838
4
/10
  • Wayne County Middle School

  • 95 Champion Dr

  • 8.81 miles

  • Public District Grades 6-8

High School

school-card-donut-3223839
4
/10
  • Wayne County High School

  • 2 Kenny Davis Blvd

  • 8.91 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,981. The majority of Wayne County, KY residents have income less than $35k annually. The majority of families are married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›Kentucky›Wayne County›Monticello›42633›4950 S Hwy 1009

This home is located at 4950 S Hwy 1009 in Monticello, KY and zip code 42633. This 12,160 square foot home, which was built in 1964, sits on a 8.00 acre lot. Features: 10 bathrooms. It has been listed on Rocket Homes since September 16, 2023 and is currently priced at $399,000.

In August 2024 more than 0 listings in Wayne County, KY were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 5 were sold below. The inventory of homes for sale in Wayne County, KY between July 2024 and August 2024 increased by 13%. Listings spent 49 days on the market in August 2024, and had a median list price of $200,000 during the same period.

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

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