Beautiful split level home on a corner lot in a great location. The home offers 3 bedrooms, and 2 full bathrooms on the main floor. Open floor plan for the kitchen, dining room, and living room. The back door leads out to a covered deck with screens, which leads to the fenced in back yard and 2nd driveway. The basement has a family/rec room with a fireplace, half bath, and a bonus room that is great for guests, a large office, or a play room. The 1 car garage also includes a bonus area, storage area, and the laundry room. Call to schedule your showing today!
Property Details
Property Features
Property Information:
Architectural Style: Split Foyer
Year Built: 1981
Stories: 1
Listing Office:
Office Name: Revolution Realty, LLC
Office Phone: (606) 620-9777
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
Directions: From Cumberland Falls Hwy. turn onto Forest Hills Dr. then Right onto Maple Ln. Home will be on the left at the corner of Maple Ln. and Sherwood Dr. (Ave. if using google maps). Agency sign in front yard. (There are 2 driveways)
Price Information
Listing Price Info
Price Summary:
List Price: $215,000
Tax Information:
Annual Amount: $497
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Corbin, KY.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,141
Per Month
Principal & Interest
$1,074
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$711
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Corbin Elementary School
710 W 8th St
Distance between this listing and this school0.76 miles
Public District Grades 3-5
8
/10
Corbin Primary School
3551 5th Street Rd
Distance between this listing and this school2.31 miles
Public District Grades KG-2
8
/10
Oak Grove Elementary School
4505 Cumberland Falls Hwy
Distance between this listing and this school3.55 miles
Public District Grades PK-6
Nearby Schools
9
/10
Corbin Intermediate School
404 17th St
Distance between this listing and this school0.64 miles
Public District Grades 5-6
10
/10
Corbin Middle School
706 S Kentucky Ave
Distance between this listing and this school1.01 miles
Public District Grades 7-8
8
/10
Whitley County Middle School
351 Boulevard Of Champions Rd
Distance between this listing and this school10.78 miles
Public District Grades 7-8
Nearby Schools
8
/10
Corbin High School
1901 Snyder St
Distance between this listing and this school0.70 miles
Public District Grades 9-12
4
/10
Corbin School of Innovation
No Address
Distance between this listing and this school1.27 miles
Public District Grades 9-12
3
/10
Lynn Camp Schools
100 N Ky 830
Distance between this listing and this school4.02 miles
The neighbors living near this home have an average income of $36,538. The majority of Corbin, KY residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1507 Sherwood Dr
What is the listing price of this property?
The listing price of 1507 Sherwood Dr property is $215,000.
What type of property is this?
The property 1507 Sherwood Dr is a house located in Corbin, Kentucky, 40701.
Is this property for sale now?
Active Listing: 1507 Sherwood Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $497 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 21, 2013 for $80,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1507 Sherwood Dr has 3 bedrooms and 2 full and 1 half bathrooms.
Which year was this property built?
The year of construction for 1507 Sherwood Dr is 1981.
This home is located at 1507 Sherwood Dr in Corbin, KY and zip code 40701. This home, which was built in 1981, sits on a 0.40 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $215,000.
In April 2024, from all listings sold in Corbin, KY there were more than 0 sold above asking price, over 14 sold below and more than 4 were sold right at the asked price. Between March 2024 and April 2024, Corbin, KY real estate market has seen increase in the number of listings by 2.3%. While the average time on the market in April 2024 was 65 days, the median list price was $215,000.
From Rocket Homes Real Estate and based on county public records data.