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1003 Settlement Drive

1003 Settlement Drive, Lancaster, KY 40444
House in Garrard
1003 Settlement Drive in Lancaster, KY was first built in 2006 and is 20 years old. This has been categorized as a property type. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. In total, the area measurement of the land is 217,800 square feet.

Learn more about the property and building on this page. The home has a style roof made of . Water for the property is sourced from system. The property is connected to a sewer system. The exterior walls of the home are made of . 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, 1003 Settlement Drive sold most recently in Aug 9, 2023 for a total of $2,771,690. Before that, the property was also sold for $399,000 in Jun 16, 2022. 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 $375,325 in taxes each year. 1003 Settlement Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $399,000. If we break it down further, the land itself was valued at $55,000. Improvements to the property, however, were assessed at a total of $344,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Aluminum Siding
Vinyl Siding

Parking

Garage Parking

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220314
03/14/2022
3 Bed
4 Bath
3087 ft²
$399,900
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3087 ft²
-
-
A. Kim Hurst
Kentucky Properties Realty Group
20180619
06/19/2018
3 Bed
3 Bath
2954 ft²
-
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2954 ft²
-
-
-
20170730
07/30/2017
3 Bed
2.5 Bath
2954 ft²
-
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
2954 ft²
-
-
-


Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOMESTEAD HERRINGTON
  • Land Acres: 0000005000
  • Standard Land Use Code: 1999
  • Legal Description 1: TR 1 & 2 HOMESTEAD HERRINGTON

Neighborhood

  • School District Name: Garrard County School District
  • School Tax School District: NORTHERN GARRAR
  • Census Tract: 970102

Geography

  • Account Number: 24307
  • District: 02
  • Subdivision Tract Number: 1
  • Parcel: 05C-40
  • Municipality: NORTHERN GARRARD
  • Latitude: 37.7175
  • Longitude: -84.6974

    Address

  • Full Address: 1003 Settlement Dr
  • Address - House Number: 1003
  • Address - Street Name: Settlement
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Lancaster
  • Carrier Code: R006
  • 4-Digit Zip Code: 8251
  • Zip Code: 40444

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $375,325

    Appraisal Valuation

  • Standard Deviation: 0.2536
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 64
  • Final Value: 427,977
  • High Value: 536,520
  • Low Value: 319,434

    Market Valuation

  • Market Total Value: $399,000
  • Market Land Value: $55,000
  • Market Improvement Value: $344,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $399,000
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $344,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 09, 2023
  • Current Sale Recording Date: Aug 09, 2023
  • Current Sale Price:
  • Current Sale Document Type: 52
  • Current Sale Input Document Number: 177434
  • Previous Sale Recording Date: Jun 21, 2022
  • Previous Sale Contract Date: Jun 16, 2022
  • Previous Sale Amount: $399,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Garrard



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Frequently Asked Questions

What neighborhood is 1003 Settlement Drive located in?
The 1003 Settlement Drive is a house located in the neighborhood of Garrard in Garrard, Lancaster.
What is the average sales price for listings in 1003 Settlement Drive?
The average sales price for units in 1003 Settlement Drive is $0 currently.