247 Military Parkway Fort Thomas KY 41075

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247 Military Parkway

Fort Thomas, KY 41075

Suburb: Fort Thomas

$275,000

3bd

2 - 1ba

2,852sqft

Under Contract

Significant fixer-upper opportunity with an estimated renovation cost of at least $300k, or consider starting fresh with a total tear-down. This 1924 Victorian home, situated on a generous lot totaling 0.71 acres, offers incredible potential. Whether you're envisioning a full restoration to bring back its original charm or planning to build your dream home from scratch, the possibilities are limitless. Enjoy serene lake views. Please note, cash offers are required due to the condition of the home. Contact the listing agent for access permission.

Directions

S Grand Ave to S Fort Thomas Ave, right on Military Parkway. House is on the right across from the lake.

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Property Details

General Information

Property Type	Residential
Style	Single Family Residence
Suburb	Fort Thomas
Zip Code	41075
School District	Ft Thomas Indep
MLS#	626223

Additional Information

Levels	Two
Construction	Wood Siding
Architecture	Other, Victorian
Lot Dimensions	148x296x92x273
Total Acres	0.72
Water	Public
Sewer	Public Sewer
Foundation	Stone
Semi-Annual Taxes

Property Features

Property SqFt.	2,852
Basement	See Remarks
Cars	0
Parking	Off Street
Heating	See Remarks
Cooling	See Remarks

Additional Features

Appliances	See Remarks
HOA Fee 1
HOA Fee 2
HOA Fee 3
Total Yearly HOA Fees

Room Information

	Dimensions	Level
Living	0 x 0	1
Dining	0 x 0	1
Kitchen	0 x 0	1

Bedroom Information

	Dimensions	Level
Master Bedroom	0 x 0	2
Bedroom 2	0 x 0	2
Bedroom 3	0 x 0	2

Bathroom Information

	Type	Level

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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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