7 months on rocket

1506 Palmer St, Corbin, KY, 40701

$89,000

Home List Price

$1,057*

Closing Credit

3 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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1506 Palmer St, Corbin$89,000

Buyer Closing Credits

$1,057*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built2001
HeatingHeat Pump
CoolingHeat Pump
MLS #23018575
Lot Size0.60 Acres
StatusActive

About 1506 Palmer St

Check out this 3 bed 2 bath home. The home is currently a rental bringing in income on month to month basis. If someone wanted to start out with a good investment property this would be a good location and ready with up to date tenant. If you would like to have a good size home for less and be close to downtown, then this is your chance. In town with city sewer and city water. 2 Large sheds included for storage. The lot next to it is included with old single wide as well. Total lot sizes .35 and .25acres.

Property Details

Property Features

Property Information:

  • Year Built: 2001
  • Stories: 1

Listing Office:

  • Office Name: Huddleston Real Estate
  • Office Phone: (606) 528-5250

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Flooring Type: Carpet, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.60 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Palmer St.1st and 2nd places on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,000

Tax Information:

  • Annual Amount: $125
  • Tax Year: 2020
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Housing Market Comparison

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

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Corbin, KY

City

Med. Sold Price

$210.1K

Med. Price/SqFt

$49

Avg. Days On Market

79

# of Sold Homes

14

1506 Palmer St vs Corbin

216 DAYS ON ROCKET

+137 Days

$89,000

-$121.1K Less

KEY TAKEAWAY

This property is $121.1K less than the Median Sold Price in Corbin, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23018575

Listing Office:

  • Office Name: Huddleston Real Estate
  • Office Phone: (606) 528-5250

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: 4/28/2024, 11:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$125$34,700
2019$125$34,700
2017 - $34,700

History based on county public records data.

Payment Calculator

$512

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$333

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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-2178133
7
/10

  • Corbin Elementary School

  • 710 W 8th St

  • 0.59 miles

  • Public District Grades 3-5

school-card-donut-2178134
7
/10

  • Oak Grove Elementary School

  • 4505 Cumberland Falls Hwy

  • 3.82 miles

  • Public District Grades PK-6

school-card-donut-2178135
10
/10

  • Hunter Hills Elementary School

  • 8325 South Us 25

  • 4.55 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 $31,439. The majority of Corbin, KY residents have income less than $35k annually. 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 1506 Palmer St

What is the listing price of this property?

The listing price of 1506 Palmer St property is $89,000.

What type of property is this?

The property 1506 Palmer St is a house located in Corbin, Kentucky, 40701.

Is this property for sale now?

Active Listing: 1506 Palmer St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $125 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1506 Palmer St has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 1506 Palmer St is 2001.

Rocket Homes›Kentucky›Whitley County›Corbin›40701›1506 Palmer St

This home is located at 1506 Palmer St in Corbin, KY and zip code 40701. This home, which was built in 2001, sits on a 0.60 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 25, 2023 and is currently priced at $89,000.

Over 1 listings were sold over their listed price in March 2024 in Corbin, KY. In the same period over 9 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Corbin, KY between February 2024 and March 2024 decreased by 7.5%. In March 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $210,166.

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

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