3 months on rocket

5124 Bee Creek Rd, Corbin, KY, 40701

$45,000

Home List Price

$534*

Closing Credit

1 Bedroom
1 Full Bath
House

Location

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5124 Bee Creek Rd, Corbin$45,000

Buyer Closing Credits

$534*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built9999
HeatingNone
CoolingNone
MLS #24019297
Lot Size0.82 Acres
StatusActive

About 5124 Bee Creek Rd

Unlock the potential of this unique investment opportunity featuring a cabin situated on .82 acres of scenic land. Though currently uninhabitable and in need of a complete remodel, this property offers a promising canvas for transformation. Located just 7 minutes from Laurel Lake and 6 minutes from the Mouth of Laurel Boat Ramp, it is perfectly positioned for those seeking adventure and tranquility.Enjoy the benefits of being close to Laurel Lake, a popular spot for water activities, and the nearby Mouth of Laurel Boat Ramp on the Cumberland River. The property is also just a short walk or drive from the stunning Daniel Boone National Forest, offering endless outdoor recreation opportunities.Given the property's location and the growing interest in vacation rentals near natural attractions, this investment offers significant upside potential. Renovate and market it as a serene getaway or long-term rental in a sought-after area.Shown by appointment only

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: WEICHERT REALTORS - Ford Brothers
  • Office Phone: (606) 878-7112

Interior Features

Interior Information:

  • Appliances: None
  • Basement: No
  • Flooring Type: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.82 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: From I-75 Exit 25 take US-25W south 4.7 miles turn right on KY-1193(Bee Creek Rd) travel approx. 5 miles to Cabin on Right

Price Information

Listing Price Info

Price Summary:

  • List Price: $45,000

Tax Information:

  • Annual Amount: $300
  • Tax Year: 2020
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Housing Market Comparison

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

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Corbin, KY

City

Med. Sold Price

$207K

Avg. Days On Market

31

# of Sold Homes

15

5124 Bee Creek Rd vs Corbin

100 DAYS ON ROCKET

+69 Days

$45,000

-$162K Less

KEY TAKEAWAY

This property is $162K less than the Median Sold Price in Corbin, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24019297

Listing Office:

  • Office Name: WEICHERT REALTORS - Ford Brothers
  • Office Phone: (606) 878-7112

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: 12/21/2024, 11:55:58 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$300$37,500
2019$300$37,500
2017 - $37,500

History based on county public records data.

Payment Calculator

$292

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$201

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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-827277
8
/10

  • Oak Grove Elementary School

  • 4505 Cumberland Falls Hwy

  • 6.06 miles

  • Public District Grades PK-6

school-card-donut-827278
8
/10

  • Corbin Primary School

  • 3551 5th Street Rd

  • 6.65 miles

  • Public District Grades KG-3

school-card-donut-827279
9
/10

  • Keavy Elementary School

  • 598 W Highway 312

  • 7.55 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 $29,257. Typical income of Corbin, KY residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Corbin, 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 Corbin, KY.

The housing landscape in Corbin, Kentucky, features a selection of single-family homes, which are prevalent, reflecting the area's suburban character. Architectural styles vary, with a mix of traditional and ranch-style homes commonly found. The market also includes a modest number of apartments and townhouses, providing options for different housing needs. The majority of homes were built in the latter half of the 20th century, with a focus on family living spaces.

What is it like to live in Corbin, KY?

Corbin is celebrated for its small-town charm and close-knit community atmosphere. The city takes pride in its rich history and cultural heritage, with annual events that bring residents together to celebrate local traditions and foster a sense of community. The downtown area retains a quaint character, with local businesses and historic buildings that contribute to the city's unique identity.

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

Corbin offers a range of essential services to its residents. The educational system includes several public schools, catering to different age groups, and a few private institutions that complement the public offerings. Healthcare is accessible through local clinics and a regional hospital that provides various medical services. The city also has a public library system that serves as a resource for education and community engagement. Retail and dining options reflect the local culture, with a mix of family-owned shops and restaurants.

Transportation in Corbin, KY.

Transportation in Corbin includes a network of roads that connect residents to nearby cities and attractions. While public transit options are limited, the community is served by a few bus routes that facilitate local travel. The area is moderately walkable, with certain neighborhoods offering more pedestrian-friendly environments. For those relying on private transport, major highways provide convenient access for commuting and travel. The city is also accessible to ride-sharing services, enhancing mobility for residents and visitors.

Frequently Asked Questions About 5124 Bee Creek Rd

What is the listing price of this property?

The listing price of 5124 Bee Creek Rd property is $45,000.

What type of property is this?

The property 5124 Bee Creek Rd is a house located in Corbin, Kentucky, 40701.

Is this property for sale now?

Active Listing: 5124 Bee Creek 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 $300 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5124 Bee Creek Rd has 1 bedroom and 1 bathroom.

Which year was this property built?

The year of construction for 5124 Bee Creek Rd is 9999.

Rocket Homes›Kentucky›Whitley County›Corbin›40701›5124 Bee Creek Rd

This home is located at 5124 Bee Creek Rd in Corbin, KY and zip code 40701. This home, which was built in 9999, sits on a 0.82 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $45,000.

Over 1 listings were sold over their listed price in November 2024 in Corbin, KY. In the same period over 13 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Corbin, KY decreased by 7.3% between October 2024 and November 2024. In November 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $207,000.

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

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