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416 N Mill St, London, KY, 40744

$139,000

Home List Price

$1,651*

Closing Credit

2 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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416 N Mill St, London$139,000

Buyer Closing Credits

$1,651*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1918
HeatingElectric
CoolingElectric
MLS #24009047
Lot Size0.11 Acres
StatusAccepting Backup Offers
(Contingent)

About 416 N Mill St

Investment opportunity on this renovated cottage nestled in the vibrant heart of downtown London--Situated on a desirable corner lot, this home features a brand new roof and new siding and welcoming curb appeal. Real hardwood flooring that flows throughout the main living areas.With two well-appointed bedrooms, this cottage is perfect as a lucrative rental opportunity, a charming Airbnb retreat, or a starter home for those looking to dwell in the midst of city life. Don't miss out on this great opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1918
  • Stories: 1

Listing Office:

  • Office Name: CENTURY 21 Advantage Realty
  • Office Phone: (606) 878-0021

Interior Features

Interior Information:

  • Flooring Type: Hardwood, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Other

Directions Information:

  • Directions: Take exit 38 off I-75, make a right onto W Laurel Rd. Make a right at first light toward KY One Hospital. Follow hospital road to Parker Rd, make a right. Travel 3 miles and make a right onto N Mill. Destination is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $139,000

Tax Information:

  • Annual Amount: $333
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in London, KY.

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London, KY

City

Med. Sold Price

$221.1K

Med. Price/SqFt

$112

Avg. Days On Market

71

# of Sold Homes

21

416 N Mill St vs London

20 DAYS ON ROCKET

-51 Days

$139,000

-$82.1K Less

KEY TAKEAWAY

This property is $82.1K less than the Median Sold Price in London, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24009047

Listing Office:

  • Office Name: CENTURY 21 Advantage Realty
  • Office Phone: (606) 878-0021

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 7:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 31, 2020Home Sold
$33,333

Tax History

YEARPROP. TAXASSESSMENT
2020 - $75,000
2019$333$40,000
2018$333$40,000
2017$333$40,000

History based on county public records data.

Payment Calculator

$761

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$483

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4321852
10
/10

  • London Elementary School

  • 600 N Main St

  • 0.16 miles

  • Public District Grades PK-5

school-card-donut-4321853
10
/10

  • Sublimity Elementary School

  • 900 Sublimity School Rd

  • 2.83 miles

  • Public District Grades PK-5

school-card-donut-4321854
8
/10

  • Johnson Elementary School

  • 1781 Mcwhorter Rd

  • 2.85 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,030. The most common annual income of people living in London, KY is less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 416 N Mill St

What is the listing price of this property?

The listing price of 416 N Mill St property is $139,000.

What type of property is this?

The property 416 N Mill St is a house located in London, Kentucky, 40744.

Is this property for sale now?

Accepting Backup Offers: 416 N Mill St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $333 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 31, 2020 for $33,333. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 416 N Mill St has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 416 N Mill St is 1918.

Rocket Homes›Kentucky›Laurel County›London›40744›416 N Mill St

This home is located at 416 N Mill St in London, KY and zip code 40744. This home, which was built in 1918, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $139,000.

In April 2024 more than 3 listings in London, KY were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 13 were sold below. The inventory of homes for sale in London, KY between March 2024 and April 2024 increased by 12.9%. Listings spent 71 days on the market in April 2024, and had a median list price of $221,166 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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