3 months on rocket

503 Martin Luther King Jr Dr, Paducah, KY, 42001

$212,000

Home List Price

$2,518*

Closing Credit

2 Bedrooms
1 Full Bath
1,245 SqFt
$170/SqFt
House

Location

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503 Martin Luther King Jr Dr, Paducah$212,000

Buyer Closing Credits

$2,518*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1897
HeatingGas Pack
CoolingCentral Air
WaterfrontOther
ViewOther
MLS #128739
Lot Size0.11 Acres
StatusActive

About 503 Martin Luther King Jr Dr

FANTASTIC CRAFTSMAN HOME THAT WAS TOTALLY REDONE IN 2016. ALL SYSTEMS AND TRIMS. 2 BEDROOM 1 BATH WITH LARGE WALK-IN SHOWER. BEAUTIFUL KITCHEN WITH STAINLESS APPLIANCES AND GRANITE TOPS. HARDWOOD AND CERAMIC TILE FLOORS ARE IN LIKE-NEW CONDITION. THE COVERED OUTDOOR PATIO OFFERS AN AMAZING SPACE TO ENTERTAIN. THE FURNITURE I S ALSO AVAILABLE FOR PURCHASE. ***WASHER AND DRYER DO NOT CONVEY*** VISIT THE AIR BNB PAGE AT: https://www.airbnb.com/h/thepaducahhouse

Property Details

Property Features

Property Information:

  • Year Built: 1897
  • Living Area: 1,245 SqFt

Listing Office:

  • Office Name: LP Real Estate Services, LLC
  • Listing Agent: Lenny Powley

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Other
  • View: Other
  • Exterior: Covered Porch

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Gas Pack
  • Cooling: Central Air

Other

Directions Information:

  • Directions: FROM I-24 EXIT 4 TAKE HINKLEVILLERDTOWARDS DOWNTOWN PADUCAH, STRAIGHT WHEN IT CHANGES TOPARKAVE, STRAIGHT WHEN IT BECOMES MLK JRDRIVE. HOUSE IS ON THE LEFT CORNER OF MLK AND NORTH 5TH

Price Information

Listing Price Info

Price Summary:

  • List Price: $212,000
  • Price Per SqFt: $170/SqFt

Tax Information:

  • Annual Amount: $80
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$210.8K

Med. Price/SqFt

$121

# of Sold Homes

56

503 Martin Luther King Jr Dr vs Paducah

101 DAYS ON ROCKET

$212,000

+$1.2K More

$170/SqFt

+$48 More

KEY TAKEAWAY

This property is $1.2K more than the Median Sold Price and $48/SqFt more than other homes in Paducah, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #128739

Listing Office:

  • Office Name: LP Real Estate Services, LLC
  • Listing Agent: Lenny Powley

IDX 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: 12/22/2024, 12:20:54 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$80$22,000
2019$333$22,000
2018$77$22,000
2017$52$22,000

History based on county public records data.

Payment Calculator

$1,126

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$702

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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-961547
2
/10
  • McNabb Elementary School

  • 2100 Park Ave

  • 1.44 miles

  • Public District Grades KG-5

school-card-donut-961548
5
/10
  • Morgan Elementary School

  • 2200 S 28th St

  • 2.21 miles

  • Public District Grades KG-5

school-card-donut-961549
6
/10
  • Clark Elementary School

  • 3401 Buckner Ln

  • 2.68 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,212. The majority of Paducah, KY residents have income less than $35k annually. 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 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 503 Martin Luther King Jr Dr

What is the listing price of this property?

The listing price of 503 Martin Luther King Jr Dr property is $212,000.

What type of property is this?

The property 503 Martin Luther King Jr Dr is a house located in Paducah, Kentucky, 42001.

Is this property for sale now?

Active Listing: 503 Martin Luther King Jr Dr 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 $80 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 503 Martin Luther King Jr Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 503 Martin Luther King Jr Dr is 1,245 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 Martin Luther King Jr Dr is 1897.

Rocket Homes›Kentucky›McCracken County›Paducah›42001›503 Martin Luther King Jr Dr

This home is located at 503 Martin Luther King Jr Dr in Paducah, KY and zip code 42001. This 1,245 square foot home, which was built in 1897, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $212,000.

In November 2024 more than 6 listings in Paducah, KY were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 31 were sold below. 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.

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