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1025 Gainesway Drive

1025 Gainesway Drive, Lexington, KY 40517
House in Gainesway
Sold Aug 20, 2018
$218,000
$174,400 by Broker Solutions Inc
Mortgage
1025 Gainesway Drive in Lexington, KY was first built in 1965 and is 59 years old. This has been categorized as a residential property type. It is a single story home. 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 2 partial bathrooms. 1025 Gainesway Drive has 1,642 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 11,125 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a attached garage. The garage is 500 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jan 1, 1970 for $218,000. That's $132.76 per sqft. 1025 Gainesway Drive was last assessed in 2023. The total value of the property was assessed at $239,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,382. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,125
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,642
  • Building Area: 1,642
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,642
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GAINESWAY
  • Land Acres: 0.255
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: C-350 GAINESWAY LOT 24; BOOK: 3607 PAGE: 508

Ownership

  • Current Owner : SCHUTTE DAVID P
  • Previous Owner : BOYANOVSKY BORIS B
  • Previous Owner 2: BOYANOVSKY ANNA E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 003404

Zoning

  • Zoning: R-1C

Geography

  • Assessors Map Reference: MB:49
  • Parcel: 12785650
  • Block: C
  • Lot: 24
  • Latitude: 37.9898
  • Longitude: -84.4903

    Address

  • Full Address: 1025 Gainesway Dr
  • Address - House Number: 1025
  • Address - Street Name: Gainesway
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Lexington
  • Carrier Code: C003
  • 4-Digit Zip Code: 2711
  • Zip Code: 40517

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,382
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.19
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 74
  • Final Value: 328,414
  • High Value: 390,823
  • Low Value: 266,006

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $174,400
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Aug 20, 2018
  • First Open Lien Mortgage Loan Amount: $174,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $239,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Aug 20, 2018
  • Current Sale Transaction ID: 11499044083
  • Current Sale Price: $218,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Aug 20, 2018
  • First Mortgage Loan Amount: $174,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

About Gainesway



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Frequently Asked Questions

What neighborhood is 1025 Gainesway Drive located in?
The 1025 Gainesway Drive is a house located in the neighborhood of Gainesway in Gainesway, Lexington.
What is the average sales price for listings in 1025 Gainesway Drive?
The average sales price for units in 1025 Gainesway Drive is $219,500 , or $134/sqft. currently.

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