9944 Old Union Road Union KY 41091

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9944 Old Union Road

Union, KY 41091

Suburb: Union

$4,620,000

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Gorgeous 66 acres located in the heart of Union, Approx 250 Ft of road frontage on Hathaway Rd and 20 Ft on Old Union Rd. Currently zoned agricultural, zoning change in process of neighboring properties to SR1. Less than 5 minutes to restaurants, schools, shopping and I-75. Great development opportunity!

Directions

75 to Mt Zion exit, West towards US 42 to Hathaway or Old Union Rd.

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Property Details

General Information

Property Type	Land
Style	Agriculture
Suburb	Union
County	Boone
Zip Code	41091
School District	Boone Co Public
MLS#	613507

Features

Total Acres	66.34
Lot Dimensions	6
Water	Cistern
Sewer	Private Sewer
Semi-Annual Taxes

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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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