5 Landis Ln, Mt Washington, KY 40047 (MLS# 1658202)

$1,300,000

5 Landis Ln
Mt Washington, KY 40047
MLS# 1658202

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Details

Maps

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None

Current Price: $1,300,000

Contract Info

Original List Price: 1300000

Listing Date: 2024-04-09

Listing Price: 1300000

List Price/Acre: 115350.49

Property Sub Type: Residential Land

HOA Y/N: No

HOA Fee: No

Location, Tax & Legal Info

Street #: 5

Street: Landis

St Suffix: Ln

Area: 11-Bullitt County

Sub Area: A

County: Bullitt

State/Province: KY

Zip Code: 40047

Parcel ID: 418414

Deed Bk: 225

Pg #: 109

Subdivision/Condo: NONE

Directions: Bardstown Rd to Mt Washington, turn right on Old Bardstown Rd, turn right on Landis Ln. Property is located on left before Park View Dr

Coop Comm: 3

Disclosure: No

Geo Lat: 38.066349

Geo Lon: -85.559532

General Property Description

Dedicated Road?: Y

Acres: 11.27

Zoning: Residential

Restrictions: No

Flood Plain: No

Lake/Pond: No

Sold As-Is: Yes

Status Change Info

Status: Active

Property Features

Lot Description: Cleared; Curb & Gutter

Lot Access: City Road; Paved Road

Utilities: Public Water

Listing Documents

Plat

PVA

Listing Office: TC Realty

Last Updated: April - 15 - 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.

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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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