10743 S Licking Pike Alexandria KY 41001

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10743 S Licking Pike

Alexandria, KY 41001

Suburb: Alexandria

$1,250,000

0bd

0 - 0ba

Under Contract

46.510 Acre with R-1A & R-RE(P) fronting Old U.S.27 (approx. 1,000+ front footage). Extending back with frontage along South Licking Pike. Water and sewer at site. Prime development Land under Urban Mixed Use Comprehensive Plan. Residential home on South Licking Pike of No Value to the Land. Outstanding development potential for residential use. This property is within close proximity to Campbell County Schools and has easy access to all area services. Water & sewer at site, land lays relatively level & has wooded views, fronting both US 27 & South Licking Pike.

Directions

AA Highway to South US 27 South to Right at Campbell County High School to immediate Left onto Old US 27, just past Wellington Place Condos located on left side.

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Property Details

General Information

Property Type	Land
Style	Agriculture
Suburb	Alexandria
County	Campbell
Zip Code	41001
School District	Campbell Co Public
MLS#	531399

Features

Total Acres	46.51
Lot Dimensions	Of Record
Best For	Residential, Multi-Family
Sewer	Public Sewer
Semi-Annual Taxes

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

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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.

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Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

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