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(SOLD) $345,000

205207 Wyldwood Way Berea, KY  40403

  • 6 Beds
  • 4 Baths

Property Description for 205207 Wyldwood Way Berea, KY 40403

Here is your chance to make a smart investment by purchasing our newly constructed duplex, ideally situated between the thriving cities of Richmond and Berea, Kentucky. This exceptional property offers not only a comfortable open concept living space but also an enticing financial opportunity. With three bedrooms, two bathrooms, a one-car garage, a large kitchen, and a covered porch on each side, this duplex is perfectly positioned to generate income while requiring minimal upfront investment. One of the key advantages of this investment opportunity is the potential to secure owner occupant financing with $0 down payment. Imagine the possibilities of acquiring this desirable duplex without the traditional 20% down payment. This financial advantage significantly lowers the barrier to entry, making it an attractive proposition for investors looking to maximize their returns. Moreover, the opportunity for tenants to cover most of the mortgage provides a substantial financial advantage to the buyer. With careful tenant selection, you can leverage their rental payments to offset a significant portion of the mortgage costs. Call or text today for a private viewing!
QuickBuy option for home selling

Address:205207 Wyldwood Way Berea KY 40403
Status:Sold
Sold On: 1/29/2024
Price:$345,000
Bedrooms:6 Beds
Bathrooms:4 Full Baths
Year Built:2024
Lot Size:0.41
County: Madison
School System : Madison County - 8
MLS #:23021162
Property Type:Single Family Residence

Lot Dimensions:17860
Water Source:Public
Directions:from Duncannon lane, turn right onto HWY 25 towards Berea. Stoney Creek will be on the left, and these duplexes will be on the left as soon as you pull into the neighborhood.
Abv. Grnd. Sq. Ft. :2,496
Sq. Ft. Source:Public Records
Garage:

Loan Price
$1,944
Price And Interest $1,800/month
Property Tax $0/month
MTG INS $0/month
HOME INS $144/month
Price
$345,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,728 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom Info Not Available
Primary Bedroom Info Not Available
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
Full Bath Info Not Available

Mandatory HOA Fee:$

Area: 008 - Madison County
City:Berea
Subdivision: Stoney Creek Comm
Zip Code:40403

School System:Madison County - 8
High School:Madison So
Middle School:Farristown
Elementary School:Kingston

Interior Features:Primary First Floor, Walk-In Closet(s), Eat-in Kitchen, Bedroom First Floor, Ceiling Fan(s)
Exterior Type:Vinyl Siding, Brick Veneer
Cool:Electric
Heat:Electric
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 205207 Wyldwood Way Berea, KY  40403


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Listing provided courtesy of Ross Cummins with Premier Property Consultants

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.



Berea, KY Market Report

102
Avg. DOM
$165.79
Avg. $ / Sq.Ft.
$ 262,900
Med. List Price

The house prices in Berea are indeed dropping at the moment. There has been a decrease in price of $48,448.58. 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 Berea are going Down. The average house price is $265,000.00 and the average price per square feet is $165.79 per square feet. At the moment, the amount of homes listed is exactly 493 houses, with 43 with active status, 36 with pending status and 414 sold in Berea .

The most popular place to buy a home in Berea is 008 - Madison County. 008 - Madison 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 Berea .

The average amount of property taxes you would have to pay for a home in Berea 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 Berea are staying listed for an average of 86 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 Berea was 5701 minutes ago.

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

The cost of the most expensive home in Berea is $499,900.00. 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 Berea is $65,000.00 . 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 Berea in year 1925 and the newest built house is in year 9999.

The average size of properties in Berea is 37.86 sq.ft. , the biggest one being 1628 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.