13 days on rocket

2320 Menelaus Rd, Berea, KY, 40403

$400,000

Home List Price

$4,750*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
House
Schools Nearby

Location

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2320 Menelaus Rd, Berea$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1970
HeatingElectric
CoolingElectric
MLS #24007466
Lot Size3.25 Acres
StatusActive

About 2320 Menelaus Rd

Investor's Dream! Secure your stake in this rapidly growing location just a mile from I-75. This 3.25-acre B-2 zoned parcel offers endless potential for multi-family residences, single-family homes, and diverse commercial endeavors. Its proximity to major thoroughfares makes it a prime choice for investors and developers alike. Don't miss out on this exceptional development opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1970
  • Stories: 1

Listing Office:

  • Office Name: Premier Property Consultants
  • Office Phone: (859) 314-5759

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Microwave, Range
  • Basement: No
  • Flooring Type: Carpet, Vinyl

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 3.25 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Madison Southern High School, Public District Grades 9-12
  • Model Laboratory High School, Public District Grades 9-12
  • Foley Middle School, Public District Grades 6-8
  • Model Laboratory Middle School, Public District Grades 6-8
  • Shannon Johnson Elementary School, Public District Grades PK-5
  • Model Laboratory Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Follow I-75 S to KY-595 S in Berea. Take exit 77 from I-75 STurn left onto KY-595 SContinue straight onto KY-956Turn right onto State Hwy 1983Turn right2320 Menelaus Rd., Berea, KY 40403

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000

Tax Information:

  • Annual Amount: $536
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$245.3K

Med. Price/SqFt

$130

Avg. Days On Market

38

# of Sold Homes

18

2320 Menelaus Rd vs Berea

13 DAYS ON ROCKET

-25 Days

$400,000

+$154.6K More

KEY TAKEAWAY

This property is $154.6K more than the Median Sold Price in Berea, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24007466

Listing Office:

  • Office Name: Premier Property Consultants
  • Office Phone: (859) 314-5759

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: 5/1/2024, 10:25:19 PM 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$536$53,000
2019$519$51,000
2018$518$51,000

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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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.

Elementary School

school-card-donut-4443210
7
/10
  • Shannon Johnson Elementary School

  • 109 Oakwood Dr

  • 0.73 miles

  • Public District Grades PK-5

school-card-donut-4443211
7
/10
  • Model Laboratory Elementary School

  • 521 Lancaster Ave

  • 10.30 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4443212
5
/10
  • Foley Middle School

  • 275 Glades Rd

  • 0.85 miles

  • Public District Grades 6-8

school-card-donut-4443213
7
/10
  • Model Laboratory Middle School

  • 521 Lancaster Ave

  • 10.30 miles

  • Public District Grades 6-8

High School

school-card-donut-4443214
6
/10
  • Madison Southern High School

  • 213 Glades Rd

  • 0.65 miles

  • Public District Grades 9-12

school-card-donut-4443215
8
/10
  • Model Laboratory High School

  • 521 Lancaster Ave

  • 10.30 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,123. Residents of Berea, KY typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2320 Menelaus Rd

What is the listing price of this property?

The listing price of 2320 Menelaus Rd property is $400,000.

What type of property is this?

The property 2320 Menelaus Rd is a house located in Berea, Kentucky, 40403.

Is this property for sale now?

Active Listing: 2320 Menelaus Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2320 Menelaus Rd are:
Shannon Johnson Elementary School: GreatSchools Rating 7/10
Model Laboratory Elementary School: GreatSchools Rating 7/10
Foley Middle School: GreatSchools Rating 5/10
Model Laboratory Middle School: GreatSchools Rating 7/10
Madison Southern High School: GreatSchools Rating 6/10
Model Laboratory High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $536 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2320 Menelaus Rd has 3 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 2320 Menelaus Rd is 1970.

Rocket HomesKentuckyMadison CountyBerea404032320 Menelaus Rd

This home is located at 2320 Menelaus Rd in Berea, KY and zip code 40403. This home, which was built in 1970, sits on a 3.25 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $400,000.

In April 2024 more than 4 listings in Berea, KY were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 9 were sold below. The number of listings in Berea, KY increased by 20% between March 2024 and April 2024. In April 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $245,333.

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

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