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114 Reed St, Paducah, KY, 42003

3beds
2baths
1,344sqft
$80,000
$60price/sqft
$713/moest. monthly cost
$28,520/yrincome needed

About This Home

Adorable and affordable, this 3-bedroom, 1.5-bath home at 114 Reed Street in McCracken County is full of charm and ready for its next owner. Recently reduced in price, it is a perfect option for a first-time buyer or an investor looking for a solid rental. The interior is warm and inviting, featuring a cute kitchen and a unique upstairs layout with a private bedroom, half bath, and second living area that works beautifully as a primary suite.

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

5/10
5/10
Reidland Middle SchoolGrades 6-82.9 mi
9/10

Construction

Condition

  • Year built: 1956

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Ceiling Fan(s)
  • Flooring: Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,344

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air,Ceiling Fan(s),Window Unit(s)

Interior Area

  • Total structure area: 1,344
  • Total interior livable area: 1,344 sqft

Kitchen

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 1202402016

Features

  • Levels: Two
  • Fencing: None

Lot

  • Lot size: 6,965 sqft
  • Features: Few Trees

Parking

  • Parking features: Driveway,Off Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Earthquake
Heat Wave
Ice Storm
Lightning
Strong Wind
Tornado
Winter Weather
Hail

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $404$4,848
Home Insurance *$83$996
Property Taxes $72$864
Electricity $154$1,850
Total$713$8,556
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$24,445/yr
40% on housing$21,390/yr
45% on housing$19,013/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.4%
11.4%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.9%
1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$60This listing

vs Other Active Listings

Avg $/sqft

ZIP 42003$102
McCracken County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 42003$122
McCracken County$127

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-02Price change$80,000
2026-05-28Listed for sale$95,000
2026-02-24Listing removed$95,000
2026-02-21Listed for sale$95,000
2019-08-28Listing removed$42,000
2019-07-30Price change$42,000
2019-06-03Price change$45,900
2019-04-08Listed for sale$49,900

For Sale by Agent

AgentAmanda Johnson
BrokerageArnold Realty Group

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