9 days on rocket

707 Old Shakertown Rd, Danville, KY, 40422

$325,000

Home List Price

$3,859*

Closing Credit

4 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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707 Old Shakertown Rd, Danville$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Other
Year Built2838
HeatingNatural Gas
CoolingWindow Unit(s)
BasementYes
MLS #24007926
Lot Size4.31 Acres
StatusActive

About 707 Old Shakertown Rd

Current owners got zoning changed to RM-3 which makes this an ideal (and rare) multi-family housing property. RM-3 allows up to 8 units per building (which would mean 62 units plus the home in place). This property is one of the only properties with this zoning, which makes it the ideal property for investors and builders looking to expand the housing options in Danville. At this price point, land cost per unit is under $5300 at 62 units.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2838
  • Stories: 3

Listing Office:

  • Office Name: Rector Hayden Realtors
  • Office Phone: (859) 276-4811

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch, Storm Door(s)

Parking Information:

  • Parking: Driveway, Other

Lot Features

Lot Information:

  • Lot Size: 4.31 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Danville High School, Public District Grades 9-12
  • Bate Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: Take Hwy 27 S into Nicholasville. Continue straight on Hwy 27 S to KY-34 w. Take a right on 34W and follow to traffic circle. At trafficcircle take third exit to KY-33 S/Shakertown Road. keep right to continue on Old Shakertown Rd, 707 Old Shakertown road isapproximately 0.2 miles on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
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Housing Market Comparison

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

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Danville, KY

City

Med. Sold Price

$233.2K

Med. Price/SqFt

$101

Avg. Days On Market

66

# of Sold Homes

20

707 Old Shakertown Rd vs Danville

9 DAYS ON ROCKET

-57 Days

$325,000

+$91.7K More

KEY TAKEAWAY

This property is $91.7K more than the Median Sold Price in Danville, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24007926

Listing Office:

  • Office Name: Rector Hayden Realtors
  • Office Phone: (859) 276-4811

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: 5/4/2024, 5:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

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$1,690

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Middle School

school-card-donut-5762151
3
/10

  • Bate Middle School

  • 460 Stanford Ave

  • 1.07 miles

  • Public District Grades 6-8

High School

school-card-donut-5762152
4
/10

  • Danville High School

  • 203 E Lexington Ave

  • 0.57 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 $23,286. Typical income of Danville, KY residents is less than $35k annually. The most common type of family is 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 707 Old Shakertown Rd

What is the listing price of this property?

The listing price of 707 Old Shakertown Rd property is $325,000.

What type of property is this?

The property 707 Old Shakertown Rd is a house located in Danville, Kentucky, 40422.

Is this property for sale now?

Active Listing: 707 Old Shakertown 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 707 Old Shakertown Rd are:
Bate Middle School: GreatSchools Rating 3/10
Danville High School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 707 Old Shakertown Rd has 4 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 707 Old Shakertown Rd is 2838.

Rocket Homes›Kentucky›Boyle County›Danville›40422›707 Old Shakertown Rd

This home is located at 707 Old Shakertown Rd in Danville, KY and zip code 40422. This home, which was built in 2838, sits on a 4.31 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $325,000.

In April 2024, from all listings sold in Danville, KY there were more than 3 sold above asking price, over 15 sold below and more than 2 were sold right at the asked price. Between March 2024 and April 2024, Danville, KY real estate market has seen increase in the number of listings by 6.9%. In April 2024 median list price was $233,266 and the average listing age was 66 days.

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

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