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$72,500 $7,400on 9/3/2024

0 Gumm Springs Road Magnolia, KY  42757

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Property Description for 0 Gumm Springs Road Magnolia, KY 42757

8.8 Acres of vacant land in Magnolia KY This property has approx. 5 acres of open ground with the remainder in woods with a spring. It has great hunting potential since it backs up to a large tract of timber. A home could be placed out near the road or if someone wanted seclusion they could build on the backside of the property. Water and electric are available at the road frontage of Hwy 566.

Address:0 Gumm Springs Road Magnolia KY 42757
Status:Active
on site: 236 days
Price:$72,500
Bathrooms:0
Lot Size:8.80
County: Green
MLS #:1659227
Property Type:Residential Land

Lot Dimensions:383328
Lot Features:0, 1, 2, 3
Utility Options:0, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11
Building Utilities:Public Water
Directions:From Summersville Take 61 N 5.2 miles Turn left on Hwy 566 (Gumm Springs Road) Go 4.0 Miles turn left to stay on Hwy 566 go .3 miles Property is on the right

Loan Price
$408
Price And Interest $378/month
Property Tax $0/month
MTG INS $0/month
HOME INS $30/month
Price
$72,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$360 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/03/24 $79,900 $72,500 -9.3%

Mandatory HOA Fee:$

Area: 12-Other Counties
Subdivision: NONE
Zip Code:42757

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schedule a Video Chat Tour

Listing provided courtesy of Mayes Thompson with Mayes Thompson Realty LLC

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.





Magnolia, KY Market Report

258
Avg. DOM
$124.32
Avg. $ / Sq.Ft.
$ 225,000
Med. List Price

The house prices in Magnolia are indeed dropping at the moment. There has been a decrease in price of $0.00. 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 Magnolia are going Down. The average house price is $225,000.00 and the average price per square feet is $124.54 per square feet. At the moment, the amount of homes listed is exactly 11 houses, with 9 with active status, 1 with pending status and 1 sold in Magnolia .

The most popular place to buy a home in Magnolia is 17-Hart/LaRue Counties. 17-Hart/LaRue Counties 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 Magnolia .

The average amount of property taxes you would have to pay for a home in Magnolia 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 Magnolia are staying listed for an average of 42 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 Magnolia was 8489 minutes ago.

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

The cost of the most expensive home in Magnolia is $349,500.00. 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 Magnolia is $137,000.00 . 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 Magnolia in year 2002 and the newest built house is in year 2002.

The average size of properties in Magnolia is 1674.22 sq.ft. , the biggest one being 3000 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.