Ravenscraft Road Demossville KY 41033

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Ravenscraft Road

Demossville, KY 41033

Suburb: Demossville

$219,000

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This versatile 27.14-acre property offers the perfect mix of privacy, cleared pastureland, and wooded areas, and convenience making it ideal for a variety of uses. Whether you're looking to build a home, start a homestead, raise livestock, hunt, or enjoy outdoor recreation, this land has something for everyone. Whether you're looking for a private retreat, a working farm, or a recreational getaway, this land is ready for your vision. There is a small pond that stays wet, providing a natural water source; a tobacco barn and milk shed are also already on the property. Property is partially fenced. There is public water and electric available at the road for easy homestead development. Located at the end of the road for maximum privacy and seclusion. Great for ATV and UTV riding with plenty of space to explore. It has easy access to nearby towns and attractions. 16 miles to the Ark Encounter, 12.2 miles to Dry Ridge, KY. Buyer to verify all information.

Directions

Take I-75 S to KY-491 E in Crittenden Turn left onto KY-491 E Turn right onto Knoxville Gardnersville Rd Slight left onto KY-3184 Turn left onto KY-467 E Turn right onto KY-1657 E Turn left onto Ravenscraft Rd Go to the end of the road. Property is on the right. You can use 741 Ravenscraft, DeMossville, KY for GPS. This is the property across the road.

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Property Details

General Information

Property Type	Land
Style	Agriculture
Suburb	Demossville
County	Pendleton
Zip Code	41033
School District	Pendleton Co Public
MLS#	630628

Features

Total Acres	27.14
Lot Dimensions	Acreage
Best For	Farm, Recreational, Residential, Dairy, Corn
Wooded Acreage	14
Water	Public
Sewer	None, Septic Needed
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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