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(SOLD) $415,000

745 Pennington Flat Road Morehead, KY  40351

  • 4 Beds
  • 3 Baths

Property Description for 745 Pennington Flat Road Morehead, KY 40351

Nestled on 11.643 acres at the end of a 200 foot driveway you will find a large 4 bedroom, 3 bathroom home with 2 living areas and a bonus room with custom wood trim throughout. Step inside to discover an inviting interior boasting two spacious living areas, perfect for entertaining or relaxing with family. The heart of the home is the expansive, custom kitchen, which boasts a huge island with soft-close cabinets, providing ample storage and workspace for culinary enthusiasts and appliances that are just 4 years young. The home also features an in-law or guest suite, offering privacy and comfort for visitors. The property is equipped with new plumbing and two 200-amp services, ensuring efficiency and reliability along with 36 solar panels, which help decrease electric costs. Step outside to discover a backyard oasis, complete with a heated inground fiberglass pool, perfect for enjoying summer days. The property also features a 3-car attached garage, providing plenty of space for parking and storage. For the farmer in you you will appreciate the 2700-square-foot barn, with electric and water, perfect for storing equipment and a 14 x 60, fully insulated shed with electric and a

Address:745 Pennington Flat Road Morehead KY 40351
Status:Sold
Sold On: 5/17/2024
Price:$420,000
Bedrooms:4 Beds
Bathrooms:3 Full Baths
Year Built:1978
Lot Size:11.64
County: Rowan
School System : Rowan County - 61
MLS #:24006975
Property Type:Single Family Residence

Lot Dimensions:507169
Water Source:Public
Directions:From KY 32 north to Pennington Flat Road to property
Abv. Grnd. Sq. Ft. :2,585
Sq. Ft. Source:Assessor
Garage:

Loan Price
$2,338
Price And Interest $2,165/month
Property Tax $0/month
MTG INS $0/month
HOME INS $173/month
Price
$415,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,076 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Living Room Info Not Available
Family Room Info Not Available
Kitchen Info Not Available
Bonus Room Info Not Available
Utility Room Info Not Available

Mandatory HOA Fee:$

Area: 061 - Rowan County
Subdivision: Rural
Zip Code:40351

School System:Rowan County - 61
High School:Rowan Co
Middle School:Rowan Co
Elementary School:Tilden Hogge

Interior Features:Primary First Floor, Breakfast Bar, Bedroom First Floor, In-Law Floorplan, Ceiling Fan(s)
Equipment:Storage Shed, Barn(s)
Exterior Type:Wood Siding
Cool:Electric, Heat Pump
Heat:Heat Pump, Electric
Total Rooms:5
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Shannon Malone with HomeLand Real Estate Inc

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Morehead, KY Market Report

83
Avg. DOM
$128.52
Avg. $ / Sq.Ft.
$ 249,900
Med. List Price

The house prices in Morehead are indeed dropping at the moment. There has been a decrease in price of $58,334.61. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Morehead are going Down. The average house price is $241,000.00 and the average price per square feet is $128.52 per square feet. At the moment, the amount of homes listed is exactly 324 houses, with 39 with active status, 19 with pending status and 266 sold in Morehead .

The most popular place to buy a home in Morehead is 061 - Rowan County. 061 - Rowan County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Morehead .

The average amount of property taxes you would have to pay for a home in Morehead is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Morehead are staying listed for an average of 79 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Morehead was 2859 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Morehead is $1,700,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Morehead is $95,400.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Morehead in year 1950 and the newest built house is in year 9999.

The average size of properties in Morehead is 53.85 sq.ft. , the biggest one being 2100 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.