Over 4 acres of secluded and tucked away land to build your dream home. This property views are breathtaking. The access drive is a shared easement with two other property owners. The property is gated and showings are only permitted by appointment and accompanied by a licensed Realtor. A copy of the Plat is attached and there are no signs at the property.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Legacy Group
Office Email: kybethrice@gmail.com
Lot Features
Lot Information:
Lot Size: 4.14 Acres
Other
Directions Information:
Directions: From I-75S take Exit 77. Turn left onto Walnut Meadow Rd. Turn Left onto Richmond Rd. In about 1 mile Property is on your right
Price Information
Listing Price Info
Price Summary:
List Price: $118,000
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 Berea, 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.
$656
Per Month
Principal & Interest
$589
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
$420
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
8
/10
Shannon Johnson Elementary School
109 Oakwood Dr
Distance between this listing and this school1.47 miles
Public District Grades PK-5
5
/10
Silver Creek Elementary School
75 Old US 25 N
Distance between this listing and this school1.69 miles
Public District Grades PK-5
2
/10
Berea Community Elementary School
2 Pirate Pkwy
Distance between this listing and this school2.37 miles
Public District Grades PK-5
Nearby Schools
9
/10
Farristown Middle School
751 Farristown Industrial Dr
Distance between this listing and this school1.02 miles
Public District Grades 6-8
8
/10
Foley Middle School
275 Glades Rd
Distance between this listing and this school1.70 miles
Public District Grades 6-8
3
/10
Berea Community Middle School
1 Pirate Pkwy
Distance between this listing and this school2.42 miles
Public District Grades 6-8
Nearby Schools
7
/10
Madison Southern High School
279 Glades Rd
Distance between this listing and this school1.75 miles
Public District Grades 9-12
4
/10
Berea Community High School
1 Pirate Pkwy
Distance between this listing and this school2.42 miles
Public District Grades 9-12
6
/10
Madison Central High School
705 N 2nd St
Distance between this listing and this school9.93 miles
The neighbors living near this home have an average income of $60,123. Most Berea, KY residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
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.
What are the common housing types 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 are the advantages of living 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.
Are essential services in Berea, KY convenient?
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.
How do Berea, KY residents get around?
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 882 Richmond Rd
What is the listing price of this property?
The listing price of 882 Richmond Rd property is $118,000.
What type of property is this?
The property 882 Richmond Rd is land located in Berea, Kentucky, 40403.
Is this property for sale now?
Accepting Backup Offers: 882 Richmond Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
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 882 Richmond Rd in Berea, KY and zip code 40403. This home sits on a 4.14 acre lot. It has been listed on Rocket Homes since July 14, 2024 and is currently priced at $118,000.
Berea, KY housing market in October 2024 saw over 3 listings sold above listed price, more than 10 sold at listed price and over 8 sold below. Between September 2024 and October 2024, Berea, KY real estate market has seen increase in the number of listings by 14.2%. While the average time on the market in October 2024 was 41 days, the median list price was $257,882.
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.
Figure Skating
Figure Skating
Motocross
Pro Wrestling
Kmart
GameStop
Family Dollar
Bob Evans
Sonic
Dominos Pizza
Buick
Jeep
Ford
Oldies
Country
New Country