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1233 Litchfield Lane

1233 Litchfield Lane, Lexington, KY 40513
Sold May 01, 2018
$610,000
$453,000 by American Internet Mtg Inc
Mortgage
Sold May 30, 2013
$434,000
$325,500 by Quicken Loans Inc
Mortgage
1233 Litchfield Lane in Lexington, KY was first built in 2000 and is 24 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 6 partial bathrooms. 1233 Litchfield Lane has 3,696 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. The basement is 1,853 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 9,013 square feet.

Learn more about the property and building on this page. There is a covered porch. 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 484 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 electricity. 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. 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, 1233 Litchfield Lane sold most recently in Jan 1, 1970 for a total of $610,000. If you work out the math, that's approximately a cost of $165.04 per sqft. Before that, the property was also sold for $434,000 in Jan 1, 1970. 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 $7,543 in taxes each year. 1233 Litchfield Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $610,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 23
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,853
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Porch Type: Covered porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,013
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,696
  • Building Area: 3,696
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,696
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEAUMONT FARM
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: L-022 BEAUMONT FARM UNIT 8-E LOT 69; BOOK: 3578 PAGE: 7

Ownership

  • Current Owner : CHEN QUAN
  • Current Owner 2: CHEN MIN
  • Previous Owner : DHANARAJ MAGESH
  • Previous Owner 2: DHANARAJ SANTHANALAKSHMI
  • Owner Before Previous Owner: MAGESH DHANARAJ
  • Owner Before Previous Owner 2: MAGESH MAGESH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 004208

Zoning

  • Zoning: R-1C

Geography

  • Assessors Map Reference: MB:30
  • Parcel: 38025150
  • Lot: 69
  • Latitude: 38.0249
  • Longitude: -84.5659

    Address

  • Full Address: 1233 Litchfield Ln
  • Legal Unit: 8-E
  • Address - House Number: 1233
  • Address - Street Name: Litchfield
  • Address - Suffix Type: Ln
  • State: KY
  • City Name: Lexington
  • Carrier Code: C057
  • 4-Digit Zip Code: 1807
  • Zip Code: 40513

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,543
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 74
  • Final Value: 827,863
  • High Value: 987,537
  • Low Value: 668,189

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $453,000
  • First Open Lien Mortgage Lender: AMERICAN INTERNET MTG INC
  • First Open Lien Mortgage Recording Date: May 01, 2018
  • First Open Lien Mortgage Loan Amount: $453,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $610,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $610,000

    Sales

  • Current Sale Recording Date: May 01, 2018
  • Current Sale Transaction ID: 11455879507
  • Current Sale Price: $610,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 30, 2013
  • Previous Sale Amount: $434,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN INTERNET MTG INC
  • First Mortgage Transaction Date: May 01, 2018
  • First Mortgage Loan Amount: $453,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: May 30, 2013
  • Previous Mortgage Loan Amount: $325,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Beaumont Residential



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Frequently Asked Questions

What neighborhood is 1233 Litchfield Lane located in?
The 1233 Litchfield Lane is a located in the neighborhood of Beaumont Residential in Beaumont Residential, Lexington.
What is the average sales price for listings in 1233 Litchfield Lane?
The average sales price for units in 1233 Litchfield Lane is $0 currently.

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