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$199,900 $20,100on 4/22/2024

1111 Bailey Hollow Road Gray, KY  40734

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Property Description for 1111 Bailey Hollow Road Gray, KY 40734

Acreage offering seclusion and FREE GAS! Located near the end of Bailey Hollow Rd in Gray this property has so many possibilities. Purchase this tract to build your dream home, or maybe a getaway cabin in the woods, use it for investment to develop rental property, clear and lease it for agricultural use, or have your own spot for hunting season. The property contains a gas well that will provide free gas for one residence as well as ongoing royalties. The choice is yours! Schedule your personal tour today!

Address:1111 Bailey Hollow Road Gray KY 40734
Status:Active
on site: 140 days
Price:$199,900
Bathrooms:0
Lot Size:110.00
County: Knox
School System : Knox County - 67
MLS #:23024270
Property Type:Farm

Lot Dimensions:4791600
Directions:From US Hwy 25 E going toward Barbourville turn RIGHT onto Bailey Hollow Rd. Follow and turn LEFT across bridge and back to the LEFT again to stay on Bailey Hollow Rd all the way until you come to Ronnie Farris Rd which will be on your right. Property begins directly across from Ronnie Farris Rd on the LEFT side of Bailey Hollow Rd. Property road frontage continues for over 1300 feet.
Sq. Ft. Source:Public Records

Loan Price
$1,126
Price And Interest $1,043/month
Property Tax $0/month
MTG INS $0/month
HOME INS $83/month
Price
$199,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$996 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
04/22/24 $220,000 $199,900 -9.1%

Mandatory HOA Fee:$

Area: 067 - Knox County
City:Gray
Subdivision: Rural
Zip Code:40734

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

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Schools in 1111 Bailey Hollow Road Gray, KY  40734


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Listing provided courtesy of Sean Disney with USA Realty

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.



Gray, KY Market Report

73
Avg. DOM
$ 220,000
Med. List Price

The house prices in Gray are indeed dropping at the moment. There has been a decrease in price of $186,000.00. 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 Gray are going Down. The average house price is $209,000.00 and the average price per square feet is $0.00 per square feet. At the moment, the amount of homes listed is exactly 19 houses, with 5 with active status, 4 with pending status and 10 sold in Gray .

The most popular place to buy a home in Gray is 067 - Knox County. 067 - Knox 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 Gray .

The average amount of property taxes you would have to pay for a home in Gray 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 Gray are staying listed for an average of 77 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 Gray was 6073 minutes ago.

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

The cost of the most expensive home in Gray is $285,000.00. 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 Gray is $82,500.00 . 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 Gray in year 1938 and the newest built house is in year 2011.

The average size of properties in Gray is 0 sq.ft. , the biggest one being 0 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.