5 months on rocket

1205 Salem Ave, Paducah, KY, 42001

$185,000

1.16 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential Land
WaterfrontOther
ViewOther
MLS #124531
Lot Size1.16 Acres
StatusActive

About 1205 Salem Ave

Rare opportunity to purchase a portfolio tailor-made for developers, savvy contractors, landlords, or owner occupants. Included is a move-in ready 2 bedroom 1 bath home with an additional nine level, cleared, & ready-to-build residential lots, all situated near Paducah's Historic Riverfront, Noble Park, Greenway Trail, restaurants, hospitals & shopping. Whether you choose to reside in the existing home and capitalize on the lots' potential, construct your dream home on one of the spacious plots, or strategically sell individual lots, this package presents an array of possibilities. Combined assets include: 1205 Salem, 1206 Salem, 1207 Salem, 1210 Salem, 1211 Salem, 1213 Salem, 1214 Salem, 1218 Salem, 1221 Salem Avenue & 1231 Hampton Ave.

Property Details

Property Features

Listing Office:

  • Office Name: Arnold Realty Group
  • Listing Agent: Amanda Johnson

Exterior Features

Exterior Information:

  • Waterfront: Other
  • View: Other

Lot Features

Lot Information:

  • Lot: City Lot, Fencing
  • Lot Size: 1.16 Acres

School Info

Assigned Schools Information:

  • Paducah Tilghman High School, Public District Grades 9-12
  • Paducah Middle School, Public District Grades 6-8
  • McNabb Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From I24 Eastbound / Take Exit 4 (@Outback Steakhouse) for US-60/I-24 toward Paducah/Wickliffe. Left at fork / merge onto US-60 E/ Hinkleville Rd. Continue onto Park Ave. Park Ave becomes Martin Luther King Jr Dr. Turn left on N13th, right on Salem Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $185,000
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Housing Market Comparison

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

Med. Sold Price

$201.2K

Med. Price/SqFt

$119

# of Sold Homes

55

1205 Salem Ave vs Paducah

166 DAYS ON ROCKET

$185,000

-$16.2K Less

KEY TAKEAWAY

This property is $16.2K less than the Median Sold Price in Paducah, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #124531

Listing Office:

  • Office Name: Arnold Realty Group
  • Listing Agent: Amanda Johnson

IDX Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of the Western Kentucky Regional MLS (WKMLS) and provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Each potential buyer is responsible for conducting his or her own independent inspections,investigations, measurements, inquiries and due diligence concerning the property. Although all information contained herein is believed to be accurate, the Real Estate Broker and the Seller of the property make no warranty or guarantee, actual or implied. Copyright 2024 Western Kentucky Regional MLS, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 1:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$991

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

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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.

Elementary School

school-card-donut-1254524
5
/10
  • McNabb Elementary School

  • 2100 Park Ave

  • 0.57 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1254525
3
/10
  • Paducah Middle School

  • 342 Lone Oak Rd

  • 1.92 miles

  • Public District Grades 6-8

High School

school-card-donut-1254526
3
/10
  • Paducah Tilghman High School

  • 2400 Washington St

  • 1.28 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,048. The most common annual income of people living in Paducah, KY is less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1205 Salem Ave

What is the listing price of this property?

The listing price of 1205 Salem Ave property is $185,000.

What type of property is this?

The property 1205 Salem Ave is land located in Paducah, Kentucky, 42001.

Is this property for sale now?

Active Listing: 1205 Salem Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1205 Salem Ave are:
McNabb Elementary School: GreatSchools Rating 5/10
Paducah Middle School: GreatSchools Rating 3/10
Paducah Tilghman High School: GreatSchools Rating 3/10

How much acreage is this property?

The property 1205 Salem Ave is 1.16 acres.
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Rocket HomesKentuckyMcCracken CountyPaducah420011205 Salem Ave

This home is located at 1205 Salem Ave in Paducah, KY and zip code 42001. This home sits on a 1.16 acre lot. It has been listed on Rocket Homes since November 13, 2023 and is currently priced at $185,000.

Paducah, KY housing market in March 2024 saw over 9 listings sold above listed price, more than 12 sold at listed price and over 32 sold below.

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

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