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(SOLD) $325,000

228 Grimes Road London, KY  40741

  • 4 Beds
  • 3 Baths

Property Description for 228 Grimes Road London, KY 40741

MOTIVATED SELLERS! Endless possibilities for farm life or income producing. Conveniently located close to interstate, restaurants, hospital and Wood Creek Lake. Have peace of mind with a one-year home warranty provided by seller when purchasing this home. Also, a $1000 flooring allowance will be made with accepted offer! This full brick ranch on a walk-out basement offers space inside and out. Enjoy over 6 1/2 fenced acres for your livestock with a spacious barn including, stalls, hay loft, water and electric. Its ready for your own animals or create income from boarding horses. Rest and relax on one of the two covered porches and watch the sunset. Inside offers 4 bedrooms on the main floor. Open kitchen and dining room area gives plenty of space for cooking and storage. Downstairs provides a nice area for that extra room to make your own. A true two car oversized garage adds to the abundant storage space this home offers. Owners have made many updates and big improvements such as a new HVAC system and solar panels with a GENERAC backup generator..

Address:228 Grimes Road London KY 40741
Status:Sold
Sold On: 3/22/2024
Price:$325,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Year Built:1979
Lot Size:6.63
County: Laurel
School System : Laurel County - 44
MLS #:23013761
Property Type:Single Family Residence

Lot Dimensions:288803
Lot Features:0
Water Source:Public
Directions:From KY-80 West, take right on Ridings Mitchell Creek Road. Turn Left on KY-1956. Turn Right on Grimes Road. Turn Right on Watts Lane. Travel to the Right up the hill. House is at end of lane.
Abv. Grnd. Sq. Ft. :2,088
Sq. Ft. Source:Public Records
Garage:

Loan Price
$1,830
Price And Interest $1,695/month
Property Tax $0/month
MTG INS $0/month
HOME INS $135/month
Price
$325,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,620 / 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
Half Bath Info Not Available
Living Room Info Not Available
Kitchen Info Not Available
Dining Room Info Not Available
Bonus Room Info Not Available

Mandatory HOA Fee:$

Area: 044 - Laurel County
City:London
Subdivision: Rural
Zip Code:40741

School System:Laurel County - 44
High School:North Laurel
Middle School:North Laurel
Elementary School:Colony

Interior Features:Eat-in Kitchen, Dining Area, Bedroom First Floor, Ceiling Fan(s)
Equipment:Storage Shed, Barn(s)
Exterior Type:Vinyl Siding, Brick Veneer
Cool:Heat Pump
Heat:Heat Pump, Propane Tank Leased
Total Rooms:4
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 228 Grimes Road London, KY  40741


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Listing provided courtesy of April Wilson with WEICHERT REALTORS - Ford Brothers

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.



London, KY Market Report

99
Avg. DOM
$333.33
Avg. $ / Sq.Ft.
$ 249,900
Med. List Price

The house prices in London are not dropping at the moment. There has been a increase in price of $13,579.86. 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 London are going Up. The average house price is $262,450.00 and the average price per square feet is $333.33 per square feet. At the moment, the amount of homes listed is exactly 340 houses, with 96 with active status, 30 with pending status and 214 sold in London .

The most popular place to buy a home in London is 044 - Laurel County. 044 - Laurel 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 London .

The average amount of property taxes you would have to pay for a home in London 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 London are staying listed for an average of 93 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 London was 2600 minutes ago.

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

The cost of the most expensive home in London is $1,800,000.00. 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 London is $85,000.00 . 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 London in year 1939 and the newest built house is in year 9999.

The average size of properties in London is 3.13 sq.ft. , the biggest one being 300 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.