Tract 11 Waterworks Road Williamstown KY 41097

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Tract 11 Waterworks Road

Williamstown, KY 41097

Suburb: Williamstown

$40,000

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Don't Miss This Rare Opportunity To Purchase A Gorgeous Building Lot in Martin-Flege Estates! This Unique Development Offers Tracts Ranging From 1 - 14 Acres Both Clear and Treed with Lush Rolling Pasture! Enjoy City Water And Sewer, Natural Gas, High-Speed Internet Conveniently Located Just Seconds From Historic Downtown Williamstown And 5 Minutes From The Ark Encounter And I-75! Scenic J.B. Miller Park With Lake & Walking Trails Nearby! GORGEOUS! A MUST SEE! Barndominiums Welcome!

Directions

I75 To Barnes Road Exit 156, East on Barnes Road, Right on Arnie Risen Blvd, to Left on US 25, Turn Right on Waterworks Road, Follow to Property on Right.

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Property Details

General Information

Property Type	Land
Style	Single Family Residence
Suburb	Williamstown
County	Grant
Zip Code	41097
School District	Williamstown Indep
MLS#	611662

Features

Total Acres	1.08
Lot Dimensions	Irregular
Water	Public
Sewer	Public Sewer
Semi-Annual Taxes

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Mortgage Calculator

To determine affordability and approximate loan payments, use the button below to reveal the mortage calculator. Please note that when using the form one of either the 'Down Payment Pct' or 'Amount of Loan' fields, but not both, must be set to zero to complete the calculation.

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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

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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