Settle in at The Cliffs in Russell Spring (Eli), KY. Only 5 miles to Lake Cumberland Marina for easy lake access. The property lays very level and back up to the Corps of Engineers Property so it feels larger than its 1.5 acres suggest. It is actually 3 lots altogether. Minimum 1800 sq ft build size. No mobile homes, campers's, RV's or pre-fabs. Nicer barndominiums are a possibility if approved and meeting materials andsqare footage requirements (just don't call it a barndominium).
Property Details
Property Features
Listing Office:
Office Name: CENTURY 21 Advantage Realty
Office Phone: (606) 451-1021
Lot Features
Lot Information:
Lot Size: 1.58 Acres
Other
Directions Information:
Directions: Head east on hwy 80 from Russell Springs turn right on 910 for 2.7 miles turn right on to 76 then after 3.8 miles turn left onto v frank road, in 9 tenths of a mile stay left, signs posted
Price Information
Listing Price Info
Price Summary:
List Price: $54,900
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.
$342
Per Month
Principal & Interest
$275
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
$231
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 school4.45 miles
Public District Grades PK-5
5
/10
Jamestown Elementary School
342 S Main St
Distance between this listing and this school7.88 miles
Public District Grades PK-5
9
/10
Russell Springs Elementary School
1554 N Highway 127
Distance between this listing and this school8.59 miles
Public District Grades PK-5
Nearby Schools
5
/10
Russell County Middle School
2258 S Highway 127
Distance between this listing and this school8.05 miles
Public District Grades 6-8
4
/10
Wayne County Middle School
95 Champion Dr
Distance between this listing and this school14.36 miles
Public District Grades 6-8
9
/10
Southern Middle School
200 Enterprise Dr
Distance between this listing and this school16.99 miles
Public District Grades 6-8
Nearby Schools
5
/10
Russell County High School
2166 S Highway 127
Distance between this listing and this school7.99 miles
Public District Grades 9-12
4
/10
Wayne County High School
2 Kenny Davis Blvd
Distance between this listing and this school14.05 miles
Public District Grades 9-12
6
/10
Southwestern High School
1765 Wtlo Rd
Distance between this listing and this school15.22 miles
The neighbors living near this home have an average income of $34,661. Most Russell Springs, KY residents have annual incomes less than $35k. The most common type of family is married, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About LOTS84-86 Meadows Loop
What is the listing price of this property?
The listing price of LOTS84-86 Meadows Loop property is $54,900.
What type of property is this?
The property LOTS84-86 Meadows Loop is land located in Russell Springs, Kentucky, 42642.
Is this property for sale now?
Active Listing: LOTS84-86 Meadows Loop is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property LOTS84-86 Meadows Loop is 1.58 acres.
Interested in LOTS84-86 Meadows Loop? Let's connect.
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 LOTS84-86 Meadows Loop in Russell Springs, KY and zip code 42642. This home sits on a 1.58 acre lot. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $54,900.
In October 2024, from all listings sold in Russell Springs, KY there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Russell Springs, KY between September 2024 and October 2024 increased by 11.1%. While the average time on the market in October 2024 was 20 days, the median list price was $192,500.
From Rocket Homes Real Estate and based on county public records data.