Riverbend Tract 4
Tract 4 has access along an unmaintained dirt road, and backs up to the river. It is very wooded with tall, beautiful trees throughout. Many deer, turkey and other wildlife have been spotted in this area making this a great hunting tract! Being a short drive from town, yet set among several larger farms in the area, this property would be perfect for that person looking to get off-grid without being too far from the conveniences of city living! NOTE: Due to the topography of this parcel, we recomend using it for camping purposes only and using 4×4 to get to it.
Property Features
Property Video Tour
Property Map
FAQs
Important Documents:
Riverbend Covenants
Riverbend Survey
Riverbend Coordinates
Location & Utilities:
• WHERE IS THE PROPERTY LOCATED?
This scenic property is located in Wayne County, 22 miles northeast of Somerset, Kentucky, 100 miles south of Lexington, Kentucky, and 150 miles southeast of Louisville, Kentucky.
• WHAT IMPROVEMENTS HAVE BEEN MADE?
This property has been professionally surveyed. All corners have been staked and pinned. County and unmaintained dirt roads are established for access to all existing lots.
• WHAT ABOUT UTILITIES?
Currently, there are no power lines established on this property. South Kentucky Rural Electric Cooperative Corporation provides power for this area, and electricity can be extended to the property at the buyer’s expense. You are entitled to drill a domestic well on your property at your own cost. Water is not guaranteed to be available at any specific depths, quantity, or quality. Contact a Licensed Kentucky Well driller for further information and proposed costs.
• WHAT WILL THE ROAD SURFACE BE LIKE?
Maintained county road frontage to the property entrance and unmaintained dirt roads to existing lots.
Financing:
• WHAT IS THE MINIMUM DOWN PAYMENT AMOUNT TO PURCHASE AND ARE THERE CLOSING COSTS?
A minimum of $199 down payment is required for purchase. Closing costs are currently a nominal $199.00 for us to prepare all of the legal documents required for the contract for deed. Note: Our Basic Package ($199 Down) only applies to properties up to $49,999.
• IF I FINANCE THE PROPERTY, TO WHOM DO I MAKE MY PAYMENTS AND HOW WILL I KNOW I HAVE RECEIVED PROPER CREDIT FOR MY PAYMENTS?
We do not do credit checks and you are instantly qualified to purchase. We have our own in-house financing available. Your payments will be made to Classic Country Land, LLC. You can choose to make your monthly payments online on our Make A Payment portal or sign up for Autopay. Note: There is an $18 monthly servicing fee on all contracts; this fee can be waived if the buyer elects easy monthly automated payments.
• MAY I USE THE LAND WHILE I’M PAYING FOR IT AND WHEN DO I RECEIVE A DEED TO MY PROPERTY?
Yes, beginning the very day you sign the purchase contract, the land is yours to use and enjoy. You will receive your Warranty Deed once you pay off your property.
• IS THERE A PENALTY FOR PAYING OFF MY LAND EARLY?
There is absolutely no prepayment penalty. Your monthly payment is applied to your account balance using simple interest on the unpaid balance. All extra monthly payments will be applied directly to the principal. All extra payments will directly lower your balance, reducing the overall interest you pay on your purchase.
• DOES A BUYER HAVE TO BUILD A HOUSE WITHIN A CERTAIN TIME FRAME?
A buyer is never obligated to a timeframe to build on their property.
• CAN I RESELL MY PROPERTY IN THE FUTURE AND MAKE A PROFIT?
While there is no guarantee of profit from any land sale, historically land prices have increased in value. We believe there are many reasons for this upward trend, including inflation, population growth, a decreasing land supply, the public’s desire for a more natural environment, the trend toward movement away from urban areas, and the increasing popularity of outdoor recreational activities.
• CAN I MAKE AN OFFER AND WHAT KINDS OF DISCOUNTS ARE AVAILABLE?
Offers are discouraged as the properties are priced for immediate sale under our “No Haggle” pricing policy. Discounts are based on the finance plan that you choose.
• WHY ARE SOME PROPERTIES MORE EXPENSIVE THAN OTHERS?
The properties have been priced according to our “A B C” analysis and consideration of the proximity of the parcels to existing electricity. “A B C” stands for Access, Beauty, and Character. In other words, how good, quick, or easy is the access to the property from the main highway or county road. The beauty of the property mainly pertains to the vegetation and scenery. The character of the property refers mainly to its topography, for example: Is the parcel flat, rolling, steep, etc.
Elevation & Weather:
• WHAT IS THE AVERAGE ELEVATION OF THE PROPERTY?
The average elevation is approximately 732 feet.
• WHAT IS THE AVERAGE TEMPERATURE THROUGHOUT THE YEAR?
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
35° | 37° | 50° | 54° | 64° | 72° | 73° | 75° | 68° | 56° | 45° | 40° |
Zoning & Taxes:
• WHAT IS THE PROPERTY ZONED AND WHAT ARE THE PROPERTY TAXES FOR A PARCEL?
The zoning allows Residential/Recreational. The approximate annual property taxes are less than $3 per acre per year and are current.
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Our Financing Is GUARANTEED!
One of the many things that makes Classic Country Land, LLC stand out from the rest is our owner financing!
In other words we (the owners, no middlemen here!) can provide you with hassle free financing. It is all handled 100% in house here, with no credit checks or the typical headaches related to dealing with banks.
Click below to watch a short video from our sales team about why thousands of people have chosen to buy + finance with us!
Still have questions? That’s OK! Tap below to speak to someone on our team and we’ll help you out!