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1032 Falcon Wood Way

1032 Falcon Wood Way, Lexington, KY 40511
House in Fayette
Local assessors in Lexington, KY have categorized 1032 Falcon Wood Way as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 454,766 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1032 Falcon Wood Way has a total of 3,378 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,364 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 708 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 9, 2023 for $1,200,000. That's $355.24 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $785,000. 1032 Falcon Wood Way was last assessed in 2023. The total value of the property was assessed at $785,000. 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 $8,389. 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.

Building Features

Exterior

Brick Venner Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190916
09/16/2019
Loft
-
-
$899,900
bedrooms
Loft
bathrooms
-
$785,000 -12.77%
07/07/2020
Lisa Niva

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,364
  • Garage Type: Attached
  • Garage Square Area: 708
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 454,766
  • Total Building Area: 3,378
  • Building Area: 3,378
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,378
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREG OBERG PROPERTY
  • Land Acres: 10.44
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: K-326 LOT 1 2; BOOK: 3763 PAGE: 290

Ownership

  • Current Owner : YATES SHANNON R
  • Current Owner 2: YATES JEFFREY L
  • Previous Owner : FREDERICKS RYAN MICHAEL
  • Previous Owner 2: ALLISON KATHLE
  • Owner Before Previous Owner: LARSEN JEFFREY S
  • Owner Before Previous Owner 2: LARSEN KANDRA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 003701

Zoning

  • Zoning: A-R

Geography

  • Assessors Map Reference: MB:9
  • Parcel: 19308870
  • Lot: 1
  • Latitude: 38.1321
  • Longitude: -84.5805

    Address

  • Full Address: 1032 Falcon Wood Way
  • Address - House Number: 1032
  • Address - Street Name: Falcon Wood
  • Address - Suffix Type: Way
  • State: KY
  • City Name: Lexington
  • Carrier Code: R086
  • 4-Digit Zip Code: 9089
  • Zip Code: 40511

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,389
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 79
  • Final Value: 1,133,567
  • High Value: 1,321,032
  • Low Value: 946,102

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: BANK OF THE BLUEGRASS & TRUST
  • First Open Lien Mortgage Recording Date: Aug 09, 2023
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 09, 2053

    Market Valuation

  • Market Total Value: $785,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $785,000

    Sales

  • Current Sale Contract Date: Aug 09, 2023
  • Current Sale Recording Date: Aug 09, 2023
  • Current Sale Transaction ID: 11910931458
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 122
  • Previous Sale Recording Date: Jul 07, 2020
  • Previous Sale Amount: $785,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE BLUEGRASS & TRUST
  • First Mortgage Transaction Date: Aug 09, 2023
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Aug 09, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD BK
  • Previous Mortgage Transaction Date: Jul 07, 2020
  • Previous Mortgage Loan Amount: $706,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

About Lexington-Fayette



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Frequently Asked Questions

What neighborhood is 1032 Falcon Wood Way located in?
The 1032 Falcon Wood Way is a house located in the neighborhood of Fayette in Lexington-Fayette, Lexington.
What is the average sales price for listings in 1032 Falcon Wood Way?
The average sales price for units in 1032 Falcon Wood Way is $849,900 currently.

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