6.55 acres of Unrestricted land in Russell County just minutes from Lake Cumberland Marina. Lot number 9 has 212 feet of blacktop road frontage!! Water and electric are available at the road. This land is flat and ready to start your dream home, barndo, or lake getaway!
Property Details
Property Features
Listing Office:
Office Name: Weichert Realtors Ford Brothers, Inc.
Office Phone: (606) 679-2656
Lot Features
Lot Information:
Lot Size: 6.55 Acres
Other
Directions Information:
Directions: From Somerset, take Cumberland Parkway to Eli Exit. Left on 910, Go approx 1.8 moles and turn left on Patterson Rd. 2.6 miles to Veb Smith Rd. Right on Parks Ridge. Go 2-2.5 miles down Parks Ridge- property on left.
Price Information
Listing Price Info
Price Summary:
List Price: $89,000
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 Russell Springs, 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.
$512
Per Month
Principal & Interest
$445
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
$333
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
5
/10
Salem Elementary School
1409 S Highway 76
Distance between this listing and this school2.61 miles
Public District Grades PK-5
9
/10
Russell Springs Elementary School
1554 N Highway 127
Distance between this listing and this school6.58 miles
Public District Grades PK-5
5
/10
Jamestown Elementary School
342 S Main St
Distance between this listing and this school6.67 miles
Public District Grades PK-5
Nearby Schools
5
/10
Russell County Middle School
2258 S Highway 127
Distance between this listing and this school6.17 miles
Public District Grades 6-8
4
/10
Wayne County Middle School
95 Champion Dr
Distance between this listing and this school15.65 miles
Public District Grades 6-8
9
/10
Southern Middle School
200 Enterprise Dr
Distance between this listing and this school18.86 miles
Public District Grades 6-8
Nearby Schools
5
/10
Russell County High School
2166 S Highway 127
Distance between this listing and this school6.11 miles
Public District Grades 9-12
4
/10
Wayne County High School
2 Kenny Davis Blvd
Distance between this listing and this school15.34 miles
Public District Grades 9-12
6
/10
Southwestern High School
1765 Wtlo Rd
Distance between this listing and this school16.99 miles
The neighbors living near this home have an average income of $30,800. Residents of Russell Springs, KY typically earn less than $35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 9 Parks Ridge Rd
What is the listing price of this property?
The listing price of 9 Parks Ridge Rd property is $89,000.
What type of property is this?
The property 9 Parks Ridge Rd is land located in Russell Springs, Kentucky, 42642.
Is this property for sale now?
Active Listing: 9 Parks Ridge Rd is For Sale (Active/New) which means the seller is accepting offers.
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 9 Parks Ridge Rd in Russell Springs, KY and zip code 42642. This home sits on a 6.55 acre lot. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $89,000.
In November 2024 more than 0 listings in Russell Springs, KY were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 3 were sold below. Between October 2024 and November 2024, Russell Springs, KY real estate market has seen increase in the number of listings by 14.7%. Listings spent 107 days on the market in November 2024, and had a median list price of $115,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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.
NASCAR
NASCAR
Hunting
Monster Trucks
Dollar General
Wal-Mart
Academy Sports & Outdoors
Hardee's
Applebees
Jimmy Johns
GMC
Ram
Chevrolet
Classic Country
New Country