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1328 Lancaster Road

1328 Lancaster Road, Richmond, KY 40475
Property in Madison
Sold Feb 10, 2021
$175,000
$207,400 by Peoples Exchange Bank Inc
Mortgage Due Feb 03, 2047
Local assessors in Richmond, KY have categorized 1328 Lancaster Road as a residential type of property. The property's lot size has been calculated to be 11,516 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1328 Lancaster Road has a total of 1,800 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 partial basement with daylight that is 1,160 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 garage underground or in the basement for those who need a place to park their vehicle. The garage on the property is 640 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Lots of brick veneer were used in the construction of the exterior walls of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1328 Lancaster Road was last sold in Feb 5, 2021 for $175,000. According to our calculations, that's $97.22 per sqft. Current property owners are expected to pay $1,698 in taxes per year. The property on 1328 Lancaster Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $175,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Covered Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Style: Duplex
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Basement Type: Partial basement with daylight
  • Basement Area: 1,160
  • Garage Type: Underground/basement
  • Garage Square Area: 640
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,516
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EDGEWOOD
  • Land Acres: 0.264
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: EDGEWOOD LOT 6 PH 1

Ownership

  • Current Owner : SFS INVESTMENTS LLC
  • Previous Owner : BRINEGAR LEIGH ANN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 010903

Geography

  • Account Number: 139241
  • District: 02
  • Subdivision Phase Number: 1
  • Parcel: 0056-0007-0006
  • Lot: 6
  • Municipality: RICHMOND ANNEX
  • Latitude: 37.7266
  • Longitude: -84.3108

    Address

  • Full Address: 1328 Lancaster Rd
  • Address - House Number: 1328
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Richmond
  • Carrier Code: R015
  • 4-Digit Zip Code: 8796
  • Zip Code: 40475

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,698
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.249
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 64
  • Final Value: 252,218
  • High Value: 315,043
  • Low Value: 189,393

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $300,025
  • First Open Lien Mortgage Lender: PEOPLES EXCHANGE BANK INC
  • First Open Lien Mortgage Recording Date: Feb 02, 2022
  • First Open Lien Mortgage Loan Amount: $207,400
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 03, 2047
  • Second Open Lien Mortgage Lender: CUMBERLAND VALLEY NATL BANK
  • Second Open Lien Mortgage Recording Date: Jul 08, 2021
  • Second Open Lien Mortgage Loan Amount: $92,625
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 08, 2051

    Market Valuation

  • Market Total Value: $175,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,000

    Sales

  • Current Sale Contract Date: Feb 05, 2021
  • Current Sale Recording Date: Feb 10, 2021
  • Current Sale Transaction ID: 11816932405
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014029384

    Last Sale Mortgage

  • First Mortgage Lender: 1ST TRUST BANK INC
  • First Mortgage Transaction Date: Feb 10, 2021
  • First Mortgage Loan Amount: $171,500
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jun 05, 2041

    Financing

  • First Mortgage Financing Type: Variable

About Richmond



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Frequently Asked Questions

What neighborhood is 1328 Lancaster Road located in?
The 1328 Lancaster Road is a located in the neighborhood of Madison in Richmond, Richmond.
What is the average sales price for listings in 1328 Lancaster Road?
The average sales price for units in 1328 Lancaster Road is $0 currently.

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