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$199,999 (Pending)

503 Prospect Street Berea, KY  40403

  • 2 Beds
  • 1 Baths

Property Description for 503 Prospect Street Berea, KY 40403

Adorable home in the heart of Berea! Great location close to Berea College and Boone Tavern making this a highly desirable area. This older home has been well maintained and is full of charm. The 2 bedroom (possibly 3 bedroom), 1 bath home has been updated with modern finishes and a new metal roof. The deck overlooks the large private backyard which has a detached garage and above ground pool making it your perfect own oasis. The unfinished basement offers ample storage and an additional wash/dryer hookup. This home is perfect for first time buyers, investors and would make a great short-term rental. Don't miss your chance to own one of the cutest homes in Berea schedule your showing today! Inspections welcome but selling as is.
QuickBuy option for home selling

Address:503 Prospect Street Berea KY 40403
Status:Pending
on site: 34 days
Price:$199,999
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Year Built:1929
Lot Size:0.43
County: Madison
School System : Berea Independent
MLS #:24005881
Property Type:Single Family Residence

Lot Dimensions:18912.5
Water Source:Public
Directions:I-75 South to Exit 76, turn East towards Berea, go to Boone Tavern turn left onto Prospect Street, home will be on the left.
Abv. Grnd. Sq. Ft. :1,350
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
$199,999
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

RoomSizeLevel
Primary Bedroom Info Not Available
Bedroom Info Not Available
Full Bath Info Not Available
Living Room Info Not Available
Kitchen Info Not Available
Dining Room Info Not Available
Utility Room Info Not Available

Mandatory HOA Fee:$

Area: 008 - Madison County
City:Berea
Subdivision: Downtown
Zip Code:40403

School System:Berea Independent
High School:Berea Community
Middle School:Berea Community
Elementary School:Berea Community

Interior Features:Dining Area, Ceiling Fan(s)
Exterior Type:Vinyl Siding
Cool:Electric, Window Unit(s)
Heat:Natural Gas
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 503 Prospect Street Berea, KY  40403


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Listing provided courtesy of Jessica Smith with Bluegrass Properties Group

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

100
Avg. DOM
$165.79
Avg. $ / Sq.Ft.
$ 263,900
Med. List Price

The house prices in Berea are not dropping at the moment. There has been a increase in price of $55,998.39. 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 Up. The average house price is $263,900.00 and the average price per square feet is $165.79 per square feet. At the moment, the amount of homes listed is exactly 531 houses, with 46 with active status, 38 with pending status and 447 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 87 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 1308 minutes ago.

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

The cost of the most expensive home in Berea is $749,000.00. 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 Berea is $64,000.00 . 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 1900 and the newest built house is in year 9999.

The average size of properties in Berea is 35.39 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.