Sold
Last Sold Price
3 beds1,152 sqft
2320 Richardson Road, Nancy, KY 42544
Single FamilyProperty Type
1.42 acresLot Size
2016Year Built
$213/sq ftPrice per sq ft
2 carsParking Spaces

Description

Charming 8-year-old cabin just a mile away from Lake Cumberland and the nearest boat ramp. This property has been a thriving short-term rental (Airbnb) for several years. Sold fully furnished and equipped, even boasting a hot tub, it generated $26K in gross income in 2021-2022 and $22K in 2022-2023. Perfect for those seeking an income-generating lake house investment, it's conveniently located only 2.5 hours from Louisville or Nashville, making it an ideal weekend retreat that's still close to home....Charming 8-year-old cabin just a mile away from Lake Cumberland and the nearest boat ramp. This property has been a thriving short-term rental (Airbnb) for several years. Sold fully furnished and equipped, even boasting a hot tub, it generated $26K in gross income in 2021-2022 and $22K in 2022-2023. Perfect for those seeking an income-generating lake house investment, it's conveniently located only 2.5 hours from Louisville or Nashville, making it an ideal weekend retreat that's still close to home. Situated on 1.42 acres across 3 lots (could possibly subdivide), one of which features an RV pad with full hookups, including water, electricity, and a separate septic system.
  • Listed by: Jonathan D Klunk 502.410.8181 jonathan@gokeysource.com Brokerage DRE #202165 • EXP Realty LLC
Listing closed: 08/12/2024 03:57 PM • Source: Greater Louisville Association of REALTORS, MLS#: 1662133

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Amenities

  • Cabin
  • Central AC
  • Deck
  • Driveway
  • Electric Heat
  • Electricity Included
  • Forced Air
  • Fully Furnished

Location

Listing Courtesy of EXP Realty LLC
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Payment Calculator

$1,493 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,308

Property Taxes

$185

HOA Dues

$0

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Property Information for 2320 Richardson Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • County: Wayne County
Building Information
  • Stories: 1
  • Year Built: 2016
  • Lot Size: 1.42 AC / 61,855 SF
Summary
Location and General Information
  • Directions: Decker Road to Richardson Rd. Take a right on Richardson and the house is on the right.
  • Latitude: 36.984351
  • Longitude: -84.845552
  • MLS Area Major: 12-Other Counties
  • MLS Area Minor: 12-Other Counties
Taxes and HOA
  • Association: No
  • Tax Block: 0000
  • Tax Lot: 0000
Parking
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage: No
  • Parking Features: Driveway
Property
Lot Information
  • Lot Features: Wooded
  • Lot Size Acres: 1.42
  • Lot Size Area: 1.42
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 1152.0
  • Building Area Source: Other
  • Building Area Total: 1152.0
  • Living Area: 1152.0
  • Living Area Source: Other
  • Year Built: 2016
Building Features
  • Construction Materials: Wood Frame
  • Foundation Details: Poured Concrete
  • Levels: 1.5 Stories
Utilities
  • Utilities: Electricity Connected
  • Water Source: Public
Room Information
Room 1
  • Room Type: Living Room
  • Room Level: First
Room 2
  • Room Type: Kitchen
  • Room Level: First
Room 3
  • Room Type: Laundry
  • Room Level: First
Room 4
  • Room Type: Bedroom
  • Room Level: First
Room 5
  • Room Type: Full Bathroom
  • Room Level: First
Room 6
  • Room Type: Bedroom
  • Room Level: Second
Room 7
  • Room Type: Bedroom
  • Room Level: Second
Room 8
  • Room Type: Loft
  • Room Level: Second
Interior and Exterior Features
Exterior Features
  • Exterior Features: Hot Tub
  • Fencing: Chain Link, Partial
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal
  • Stories: 1
Interior Features
  • Basement: No
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 3
  • Cooling: Central Air
  • Cooling: Yes
  • Fireplace: No
  • Heating: Electric, Forced Air
  • Heating: Yes
  • Rooms Total: 8
  • Closets Total: 4
  • Laundry Level: 1st

Property History for 2320 Richardson Road

DateEvent & SourcePriceAppreciation
Aug 12, 2024

Sold

Greater Louisville Association of REALTORS #1662133

$245,000—
Aug 12, 2024

Contract Signed

Greater Louisville Association of REALTORS #1662133

—
Aug 8, 2024

Sold (Public Record)

Public Record #1539426696

$245,000

+9.1% / yr

DateEvent & SourcePrice
08/12/2024

Sold

Greater Louisville Association of REALTORS #1662133

$245,000
08/12/2024

Contract Signed

Greater Louisville Association of REALTORS #1662133

—
08/08/2024

Sold (Public Record)

Public Record #1539426696

$245,000

+9.1% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2320 Richardson Road

Taxable ValueLand$45,000Additions$200,000Total$245,000
Tax Record2025$2,221 ($185 / month)
Home Facts
Beds0Lot Size21,780 SqFtStyleSingle Family ResidenceCountyWAYNEAPN047-00-00-004.31

Schools near 2320 Richardson Road

This home is within Wayne County School District.
Rating
School
Type
Grades
Distance
Public - 1 to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Bell Elementary School
Public1 to 2

Monticello Elementary School
Public3 to 5

Wayne County Middle School
Public6 to 8

Wayne County High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2320 Richardson Road, Nancy, KY 42544
$245,000
3
1,152
61,855
–
–
–
1,295
78,408
–
–
–
1,056
35,284
$25,000
–
–
–
139,392
–
–
1.5
924
87,120
–
–
–
–
13,689

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty LLC

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