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$524,000

4950 S Highway 1009 Monticello, KY  42633

  • 13 Beds
  • 10 Baths

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Property Description for 4950 S Highway 1009 Monticello, KY 42633

Be sure to check out this unique opportunity in this very appealing property. Solidly built as an elementary school in the early 1960's, this building has been beautifully renovated into a residential property with 10 separate units, all under one roof. For over 10 years, the current owners have painstakingly converted the property to a showplace you have to see! There are (3) 2-bedroom Apts with 2 car garage, 1 bedroom apt with 2 car garage, and 6 other studio units. 4-units that have additional storage, in addition to tons of attic storage. All units have a doorway to the outside, along with an interior hallway that runs the length of the building. There is a common kitchen & dining area along with several storage bays. Most of the furnishings and appliances stay. Outside is a storage building and barn, all on an 8-acre tract. The owners are in the process of installing an electric vehicle charging station. The mountain views are incredible! Think of possibilities here; a bed & breakfast, a 10-unit apartment or condo building, a rehabilitation center, or a place to house your whole extended family and friends. In the heart of Southern Kentucky's 4-wheeler country.

Address:4950 S Highway 1009 Monticello KY 42633
Status:Active
on site: 34 days
Price:$524,000
Bedrooms:13 Beds
Bathrooms:10 Full Baths
Year Built:1964
Lot Size:8.00
County: Wayne
School System : Wayne County - 70
MLS #:24006381
Property Type:Single Family Residence

Lot Dimensions:348480
Lot Features:0, 1, 2
Water Source:Private
Directions:Leaving Monticello going West on KY 90, travel around 8 miles and turn left on Highway 1009 South. Travel around 5 miles to property on the right.
Abv. Grnd. Sq. Ft. :12,160
Sq. Ft. Source:Public Records
Garage:

Loan Price
$2,951
Price And Interest $2,733/month
Property Tax $0/month
MTG INS $0/month
HOME INS $218/month
Price
$524,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,616 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
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Full Bath Info Not Available
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Utility Room Info Not Available
Foyer Info Not Available
Other Info Not Available
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Mandatory HOA Fee:$

Area: 070 - Wayne County
Subdivision: Rural
Zip Code:42633

School System:Wayne County - 70
High School:Wayne Co
Middle School:Wayne Co
Elementary School:Wayne Co

Accessibility Feature:Accessible Entrance
Interior Features:Primary First Floor, Walk-In Closet(s), Eat-in Kitchen, Security System Owned, Bedroom First Floor, Entrance Foyer, Ceiling Fan(s), Wet Bar, Window Treatments
Equipment:Storage Shed, Stable(s), Barn(s)
Exterior Type:Brick Veneer
Cool:Electric, Zoned
Heat:Electric, Zoned
Total Rooms:15
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 4950 S Highway 1009 Monticello, KY  42633


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Listing provided courtesy of J Gary Dick with Access Realty & Auction

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.



Monticello, KY Market Report

99
Avg. DOM
$ 289,000
Med. List Price

The house prices in Monticello are indeed dropping at the moment. There has been a decrease in price of $4,562.50. 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 Monticello are going Down. The average house price is $279,450.00 and the average price per square feet is $0.00 per square feet. At the moment, the amount of homes listed is exactly 105 houses, with 34 with active status, 12 with pending status and 59 sold in Monticello .

The most popular place to buy a home in Monticello is 070 - Wayne County. 070 - Wayne 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 Monticello .

The average amount of property taxes you would have to pay for a home in Monticello 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 Monticello are staying listed for an average of 88 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 Monticello was 8290 minutes ago.

At the moment we have 2 open houses that you can visit.

The cost of the most expensive home in Monticello is $744,000.00. 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 Monticello 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 Monticello in year 1933 and the newest built house is in year 9999.

The average size of properties in Monticello 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.