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1 Tower Drive

1 Tower Drive, Newport, KY 41071
Property in Campbell
Sold Mar 03, 2017
$393,000
$187,300 by Guardian Savings Bank
Mortgage Due Jul 01, 2031
Sold Mar 06, 2012
$360,000
$270,000 by Fifth Third Mortgage Co
Mortgage Due Mar 01, 2042
1 Tower Drive has been categorized by the local assessors in Newport, KY as a residential type of property. The building on the property was first built in 1991 and is 33 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1 Tower Drive has 2,580 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1 Tower Drive sold most recently in Feb 28, 2017 for a total of $393,000. If you work out the math, that's approximately a cost of $152.33 per sqft. Before that, the property was also sold for $360,000 in Feb 29, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,552 in taxes each year. 1 Tower Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $393,000. Improvements to the property, however, were assessed at a total of $393,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,580
  • Gross Building Area: 2,580
  • Building Area: 2,580
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,580
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GRANDVIEW GARDENS CONDOS
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: GRANDVIEW GARDENS CONDOS PHASE 1 UNIT 1 GARAGE 1

Ownership

  • Current Owner : BUECHEL JOHN G
  • Current Owner 2: BUECHEL THERESA J
  • Previous Owner : DEHNER JASON
  • Previous Owner 2: GRAY JAMIE
  • Owner Before Previous Owner: RAMUNDO JOHN B

Neighborhood

  • School District Name: Newport Independent School District
  • School Tax School District: NEWPORT SCH
  • School Tax District Code 2: NEWPORT
  • Census Tract: 052500

Geography

  • District: 30
  • Subdivision Phase Number: 1
  • Parcel: 999-99-02-798.00
  • Municipality: NEWPORT
  • Latitude: 39.0767
  • Longitude: -84.4895

    Address

  • Full Address: 1 Tower Dr
  • Legal Unit: 1
  • Address - House Number: 1
  • Address - Street Name: Tower
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Newport
  • Carrier Code: C017
  • 4-Digit Zip Code: 2777
  • Zip Code: 41071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,552

    Appraisal Valuation

  • Standard Deviation: 0.1967
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 557,625
  • High Value: 667,353
  • Low Value: 447,896

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $187,300
  • First Open Lien Mortgage Lender: GUARDIAN SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jun 15, 2021
  • First Open Lien Mortgage Loan Amount: $187,300
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2031

    Market Valuation

  • Market Total Value: $393,000
  • Market Improvement Value: $393,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $393,000
  • Assessed Improvements Value: $393,000

    Sales

  • Current Sale Contract Date: Feb 28, 2017
  • Current Sale Recording Date: Mar 03, 2017
  • Current Sale Transaction ID: 1807182678
  • Current Sale Price: $393,000
  • Current Sale Document Type: Administrator's Deed
  • Current Sale Input Document Number: 5053153
  • Previous Sale Recording Date: Mar 06, 2012
  • Previous Sale Contract Date: Feb 29, 2012
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARDIAN SAVINGS BANK FSB
  • First Mortgage Transaction Date: Mar 03, 2017
  • First Mortgage Loan Amount: $245,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Mar 06, 2012
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $270,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Mar 01, 2042

About Newport



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Frequently Asked Questions

What neighborhood is 1 Tower Drive located in?
The 1 Tower Drive is a located in the neighborhood of Campbell in Newport, Newport.
What is the average sales price for listings in 1 Tower Drive?
The average sales price for units in 1 Tower Drive is $0 currently.

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