10 days on rocket

Danville Ky, Danville, KY, 40422

$325,000

Home List Price

$3,859*

Closing Credit

4 Bedrooms
2 Full Baths
2,838 SqFt
$115/SqFt
Multi
Schools Nearby

Location

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Danville Ky, Danville$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built2838
HeatingNatural Gas
CoolingWindow Unit(s)
MLS #24007923
Lot Size4.31 Acres
StatusActive

About Danville Ky

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:

  • Year Built: 2838
  • Living Area: 2,838 SqFt

Listing Office:

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

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 4.31 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Boyle County High School, Public District Grades 9-12
  • Boyle County Middle School, Public District Grades 6-8
  • Woodlawn Elementary School, Public District Grades PK-5

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 traffic circle take third exit to KY-33 S/Shakertown Road. keep right to continue on Old Shakertown Rd, 707 Old Shakertown road is approximately 0.2 miles on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $115/SqFt
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Housing Market Comparison

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

Med. Sold Price

$233.2K

Med. Price/SqFt

$101

Avg. Days On Market

66

# of Sold Homes

20

Danville Ky vs Danville

10 DAYS ON ROCKET

-56 Days

$325,000

+$91.7K More

$115/SqFt

+$13 More

KEY TAKEAWAY

This property is $91.7K more than the Median Sold Price and $13/SqFt more than other homes in Danville, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24007923

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: 5/5/2024, 2:20:35 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.

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-6284757
7
/10
  • Woodlawn Elementary School

  • 1661 Perryville Rd

  • 3.17 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6284758
5
/10
  • Boyle County Middle School

  • 1651 Perryville Rd

  • 2.64 miles

  • Public District Grades 6-8

High School

school-card-donut-6284759
8
/10
  • Boyle County High School

  • 1637 Perryville Rd

  • 3.08 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,190. Typical income of Danville, KY residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesKentuckyBoyle CountyDanville40422Danville Ky

This home is located at Danville Ky in Danville, KY and zip code 40422. This 2,838 square foot 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.

Over 3 listings were sold over their listed price in April 2024 in Danville, KY. In the same period over 15 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in Danville, KY between March 2024 and April 2024 increased by 6.9%. In April 2024, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $233,266.

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

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