$395,000
$20K PRICE DROP

173 E City Dam Rd Corbin, KY 40701

Estimated payment $2,280/month

Total Views 14,724
5 Beds
3 Baths
3,212 Sq Ft
$123 Price per Sq Ft

Highlights

  • 10.25 Acre Lot
  • 1-Story Property
  • Heat Pump System
  • Window Unit Cooling System

About This Home

Nestled on 10 secluded, wooded acres, this distinctive property offers two charming homes and a wealth of outdoor amenities—perfect for extended families or those seeking space and tranquility. Additionally, it's just a short walk to the serene waters of Laurel River Lake.

Main Residence - 1,812 sq ft:
This inviting home features three bedrooms and two bathrooms, thoughtfully updated to blend modern comfort with rustic appeal. The kitchen boasts sleek granite countertops and custom cabinetry. Other updates include newer windows, roof, gutters, updated bathroom and more.

Second Home - 1,600 sq ft:
The second residence offers two bedrooms and one bathroom, with a generously sized living room and a large eat-in kitchen complete with an island—ideal for gatherings and everyday living.

Outdoor Amenities:
The expansive grounds include a 22x52 garage, a 16x60 garage, and a 24x24 pavilion, providing ample storage and versatile space for hobbies, workshops, or outdoor events.

Whether you're looking to create a family compound, host gatherings, or simply enjoy the serenity of country living, this property offers endless possibilities.

Listing Agent

Robert Petro

RE/MAX On Main, Inc License #247148 Listed on: 05/12/2025

RE/MAX On Main, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,099

Year Built

  • Built in 1967

Lot Details

  • 10.25 Acre Lot

Interior Spaces

  • 3,212 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Keavy Elementary School
  • South Laurel Middle School
  • Not Applicable Middle School
  • South Laurel High School

Utilities

  • Window Unit Cooling System
  • Heat Pump System

Community Details

  • 2 Buildings
  • 2 Units
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 122-00-00-064.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,099

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Structure Type: Other
  • Year Built: 1967
  • Location Tax Legal Info:Elementary School: Keavy
  • Location Tax Legal Info:Middle or Junior School: South Laurel
  • Location Tax Legal Info:High School: South Laurel
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2025-05-12
  • General Property Description:Lot Size Acres: 10.25
  • Cooling:Electric2: Yes
  • Cooling:Heat Pump3: Yes
  • General Property Description:Approximate Living Area: 3212.0
  • General Property Description:Number of Buildings: Two
  • General Property Description:Number of Stories: One
  • Unit Info:_pound_ of Units: 2
  • Cooling:Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • LivingArea: 3916.0
  • Lot Size Area: 10.25

Exterior Features

  • List Price: 395000.0

Utilities

  • Heating: Heat Pump, Electric
  • Cooling: Electric, Heat Pump, Window Unit(s)
  • Cooling: Yes
  • Heating: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Electric: Yes

Schools

  • Elementary School: Keavy
  • High School: South Laurel
  • Middle or Junior School: South Laurel

Lot Info

  • Lot Size Acres: 10.25
  • Lot Size Sq Ft: 446490.0
  • Parcel Number: 122-00-00-064.00
  • Zoning Description: Rural

Multi Family

  • Number of Units Total: 2

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,099 $142,500 $0 $0
2023 $1,127 $142,500 $0 $0
2022 $732 $92,000 $0 $0
2021 $759 $92,000 $0 $0
2020 $763 $92,000 $0 $0
2019 $583 $70,000 $0 $0
2018 $582 $70,000 $0 $0
2017 $582 $70,000 $0 $0
2015 $647 $230,000 $20,000 $210,000
2012 $289 $70,000 $10,000 $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Price Changed $395,000 -2.5% $218 / Sq Ft
06/17/2025 06/17/25 Price Changed $405,000 -2.4% $224 / Sq Ft
04/28/2025 04/28/25 For Sale $415,000 -- $229 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25009842

ImagineMLS (Bluegrass REALTORS®)

APN: 122-00-00-064.00