0 Ridenours Way, Falls Of Rough, KY 40119 (MLS# 1645452)

$10,000

0 Ridenours Way
Falls Of Rough, KY 40119
MLS# 1645452

1 / 1

Property Description
Nice .5+/- acre corner building lot in the Green Farms subdivision at Falls of Rough, Close to Lafayette Golf Course and Rough River Lake.

Details

Maps

None

Current Price: $10,000

Contract Info

Original List Price: 10000

Listing Date: 2023-09-16

Listing Price: 10000

List Price/Acre: 20000

Property Sub Type: Residential Land

HOA Y/N: No

HOA Fee: No

Location, Tax & Legal Info

Street: Ridenours

St Suffix: Way

Area: 12-Other Counties

Sub Area: A

County: Grayson

State/Province: KY

Zip Code: 40119

Parcel ID: GREEN FARMS- 481

Deed Bk: 327

Pg #: 219

Subdivision/Condo: GREEN FARMS

Lot: 481

Directions: From HWY 79, turn onto HWY 110 then left onto Green Farms Rd.

Coop Comm: 3

Disclosure: No

Geo Lat: 37.590856

Geo Lon: -86.567314

General Property Description

Dedicated Road?: N

Acres: 0.5

Zoning: Residential

Restrictions: Yes

Flood Plain: No

Status Change Info

Status: Active

Property Features

Lot Description: Corner; Restrictions

Lot Access: Paved Road

Utilities: None

Listing Office: Welcome Home Realty Group

Last Updated: March - 05 - 2024

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Mortgage Calculator Help

You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage.

If you know the mortgage amount you can afford and the cash down payment percentage required, you can calculate the affordable real estate price.

Or if you know the price of the real estate and the loan amout and enter "0" for the down payment percentage, the calculator will calculate the down payment amount and percentage.

Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

The term (duration) of the loan is expressed as a number of months.

60 months = 5 years

120 months = 10 years

180 months = 15 years

240 months = 20 years

360 months = 30 years

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