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1043 Marcellus Drive

1043 Marcellus Drive, Lexington, KY 40505
1043 Marcellus Drive in Lexington, KY was first built in 1949 and is 77 years old. This has been categorized as a property type. There are a total of 100 floors. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1043 Marcellus Drive has 892 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 7,501 square feet.

Learn more about the property and building on this page. There is a . The exterior walls of the home are made of . Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing and being fueled with . 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, 1043 Marcellus Drive sold most recently in Jan 26, 2024 for a total of $179,000. If you work out the math, that's approximately a cost of $200.67 per sqft. Before that, the property was also sold for $108,000 in Nov 3, 2023. 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 $64,551 in taxes each year. 1043 Marcellus Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $98,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Vinyl Siding

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20231214
12/14/2023
2 Bed
1 Bath
1000 ft²
$179,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1000 ft²
$179,000
02/08/2024
Thomas Harper
Tom Harper and Associates


Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 892
  • Building Area: 892
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 892
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWS
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 510
  • Legal Description 1: LOT 11; BOOK: 3455 PAGE: 259

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 001500

Zoning

  • Zoning: R-1C

Geography

  • Assessors Map Reference: MB:18
  • Parcel: 12352000
  • Block: L
  • Lot: 11
  • Latitude: 38.0558
  • Longitude: -84.4643

    Address

  • Full Address: 1043 Marcellus Dr
  • Address - House Number: 1043
  • Address - Street Name: Marcellus
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Lexington
  • Carrier Code: C056
  • 4-Digit Zip Code: 3351
  • Zip Code: 40505

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $64,551
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2241
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 160,625
  • High Value: 196,634
  • Low Value: 124,616

    Market Valuation

  • Market Total Value: $98,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 26, 2024
  • Current Sale Recording Date: Feb 08, 2024
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 116
  • Previous Sale Recording Date: Nov 29, 2023
  • Previous Sale Contract Date: Nov 03, 2023
  • Previous Sale Amount: $108,000
  • Previous Sale Document Type: 17
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Meadows-Loudon



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Nearby Rentals

Unit for rent at 1975 Russell Cave Rd, Lexington, KY, 40511

$1,075 /mo

  • 1 Bed
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1975 Russell Cave Rd, Lexington, KY, 40511 Listing by Rick Rivera

Frequently Asked Questions

What neighborhood is 1043 Marcellus Drive located in?
The 1043 Marcellus Drive is a house located in the neighborhood of Meadows-Loudon in Meadows-Loudon, Lexington.
What is the average sales price for listings in 1043 Marcellus Drive?
The average sales price for units in 1043 Marcellus Drive is $179,000 , or $179/sqft. currently.