602 Fraley Drive

602 Fraley Drive has been categorized by the local assessors in Morehead, KY as a type of property. The area measurement of the land has been determined as 50,965 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as . 602 Fraley Drive was last assessed in 2023. The total value of the property was assessed at $1,125,000. Specifically, the land the property is located on was valued at $263,250. While improvements on the property were assessed at a total of $861,750. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $958,500. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.