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262 Terrace Dr, Murray, KY, 42071

$325,000

Home List Price

$3,859*

Closing Credit

2 Bedrooms
2 Full Baths
980 SqFt
$332/SqFt
House
Schools Nearby

Location

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262 Terrace Dr, Murray$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport
HeatingNatural Gas
CoolingCentral Air
BasementYes
WaterfrontWaterfront, Dock
ViewWater
MLS #116964
Lot Size0.75 Acres
StatusActive

About 262 Terrace Dr

Who's Ready for Lake Season? This charming 2BR/2BA waterfront home on Kentucky Lake has direct lake access via private dock and gorgeous year round views of the lake. This is the perfect lake retreat with many ways to enjoy the lake including a master suite addition with direct water views, a large deck overlooking the lake, and a stairway down to your own private dock with direct lake access (seasonal deep water). Located less than 30 minutes from Murray and close to Land Between the Lakes National Recreation Area and Kenlake State Park. Don't let this great opportunity to enjoy the 2024 lake season pass you by!

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Stories: 1
  • Living Area: 980 SqFt

Listing Office:

  • Office Name: Kopperud Realty
  • Listing Agent: John Kopperud

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Laminate, Vinyl/Linoleum, Wood
  • Interior: Circuit Breakers

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Waterfront, Dock
  • View: Water
  • Exterior: Circular Drive, Deck, Dock, Gravel Drive, Outbuildings

Parking Information:

  • Attached Garage: No
  • Parking: Carport

Lot Features

Lot Information:

  • Lot: Dock, Rolling/Hilly, Wooded
  • Lot Size: 0.75 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Calloway County High School, Public District Grades 9-12
  • Calloway County Middle School, Public District Grades 6-8
  • East Calloway Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From 12th and Main St in Murray, take Hwy 94 E and turn right onto Hwy 732. Continue approx. 9.3 miles and turn left onto Whisper Drive. Turn right onto Terrace Drive. Property will be in the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $332/SqFt

Tax Information:

  • Annual Amount: $917
  • Tax Year: 2020
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Housing Market Comparison

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

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Murray, KY

City

Med. Sold Price

$262.5K

Med. Price/SqFt

$117

# of Sold Homes

21

262 Terrace Dr vs Murray

728 DAYS ON ROCKET

$325,000

+$62.5K More

$332/SqFt

+$214 More

KEY TAKEAWAY

This property is $62.5K more than the Median Sold Price and $214/SqFt more than other homes in Murray, KY.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #116964

Listing Office:

  • Office Name: Kopperud Realty
  • Listing Agent: John Kopperud

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: 4/18/2024, 6:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 10, 2016Home Sold
$100,000

Tax History

YEARPROP. TAXASSESSMENT
2020$917$100,000
2018$888$100,000
2017$854$100,000

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-153253
4
/10

  • East Calloway Elementary School

  • 1169 Pottertown Rd

  • 9.04 miles

  • Public District Grades KG-5

Middle School

school-card-donut-153254
6
/10

  • Calloway County Middle School

  • 2112 College Farm Rd

  • 14.74 miles

  • Public District Grades 6-8

High School

school-card-donut-153255
4
/10

  • Calloway County High School

  • 2108 College Farm Rd

  • 14.78 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,475. Residents of Murray, KY typically earn less than $35k each year. The most common type of family is married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Murray, KY

What type of housing is available in Murray, KY?

In Murray, roughly half of dwellings are single detached homes, and the rest are mainly large apartment buildings and small apartment buildings. The average year of construction for houses in this part of Calloway county is 1981. This city offers mainly two bedroom and three bedroom homes. Around 55% of the population of this city rent their home and the rest are owners.

Is Murray, KY a good place to live?

Murray is fairly good for those who need a quiet atmosphere, as there tend to be low levels of noise from traffic - although that is not the case close to the railway line.

Are things conveniently located in Murray, KY?

Locals may consider it challenging to get to high schools and primary schools as pedestrians. Regarding eating, reaching one of approximately 20 supermarkets on foot is an option for some, but not all, house buyers in this city. A limited variety of restaurants and cafes can be found as well.

What does the transportation in Murray, KY look like?

The favored method to move around in Murray is very often driving. It is especially convenient to park, and the majority of houses for sale are a very short car ride from the nearest highway. It is inconvenient for pedestrians to get around in Murray since very few common errands can be run on foot.

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Frequently Asked Questions About 262 Terrace Dr

What is the listing price of this property?

The listing price of 262 Terrace Dr property is $325,000.

What type of property is this?

The property 262 Terrace Dr is a house located in Murray, Kentucky, 42071.

Is this property for sale now?

Active Listing: 262 Terrace Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 262 Terrace Dr are:
East Calloway Elementary School: GreatSchools Rating 4/10
Calloway County Middle School: GreatSchools Rating 6/10
Calloway County High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $917 (source: MLS/based on county public records data).

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

The last sale was on November 10, 2016 for $100,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 262 Terrace Dr has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 262 Terrace Dr is 980 SqFt (source: MLS/tax record).

Rocket Homes›Kentucky›Calloway County›Murray›42071›262 Terrace Dr

This home is located at 262 Terrace Dr in Murray, KY and zip code 42071. This 980 square foot home sits on a 0.75 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 21, 2022 and is currently priced at $325,000.

In March 2024 more than 2 listings in Murray, KY were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 16 were sold below. The number of homes for sale in Murray, KY increased by 11.7% between February 2024 and March 2024.

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

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