116 Cottage Avenue

Local assessors in Lancaster, KY have categorized 116 Cottage Avenue as a type of property. The property's lot size has been calculated to be 27,154 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, 3 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 is one full bathroom. There is also a partial bathroom.

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. The home sources its water from system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. Residents rely on for their cooling system. The home's is the primary heating source and it is being fueled with . The property was last sold in Oct 26, 2023 for $299,999. Prior to that sales transaction, the property was also sold in Dec 16, 2022 for $160,000. 116 Cottage Avenue was last assessed in 2023. The total value of the property was assessed at $160,000. Specifically, the land the property is located on was valued at $20,000. While improvements on the property were assessed at a total of $140,000. 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 $130,732. 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.