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1600 Montgomery Avenue

1600 Montgomery Avenue, Ashland, KY 41101
Property in Boyd
Sold Mar 12, 2024
$385,000
$308,000 by First State Bank
Mortgage Due Apr 01, 2044
Sold Apr 18, 2016
$100,000
$100,000 by Town Square Bank
Mortgage Due Apr 15, 2036
1600 Montgomery Avenue in Ashland, KY was first built in 1950 and is 74 years old. This has been categorized as a residential property type. There are a total of 2 floors. 1600 Montgomery Avenue has 2,592 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 linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,425. In total, the area measurement of the land is 7,150 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a no garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. 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 forced air unit and being fueled with electricity. 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, 1600 Montgomery Avenue sold most recently in Mar 7, 2024 for a total of $385,000. If you work out the math, that's approximately a cost of $148.53 per sqft. Before that, the property was also sold for $100,000 in Apr 15, 2016. 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 $690 in taxes each year. 1600 Montgomery Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $100,000. If we break it down further, the land itself was valued at $10,000. Improvements to the property, however, were assessed at a total of $90,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,150
  • Lot Size Depth Feet: 1,425
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,592
  • Building Area: 2,592
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,592
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.164
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: 50X142.5

Ownership

  • Current Owner : NEST EGG REAL ESTATE LLC
  • Previous Owner : PARK PLACE RENTALS INC
  • Owner Before Previous Owner: WILKINS TERESA FAY
  • Owner Before Previous Owner 2: WILKINS JOHN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ashland Independent School District
  • Census Tract: 030300

Zoning

  • Zoning: Z01

Geography

  • Account Number: 681111
  • District: DI020
  • Parcel: 030-14-13-001.00
  • Municipality: ASHLAND
  • Latitude: 38.4747
  • Longitude: -82.6425

    Address

  • Full Address: 1600 Montgomery Ave
  • Address - House Number: 1600
  • Address - Street Name: Montgomery
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Ashland
  • Carrier Code: C002
  • 4-Digit Zip Code: 2716
  • Zip Code: 41101

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $690
  • Tax Rate Code Area: ASHLAND

    Appraisal Valuation

  • Standard Deviation: 0.4146
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 17
  • Final Value: 109,564
  • High Value: 154,991
  • Low Value: 64,136

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $308,000
  • First Open Lien Mortgage Lender: FIRST STATE BANK
  • First Open Lien Mortgage Recording Date: Mar 12, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $308,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2044

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $10,000
  • Market Improvement Value: $90,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,000
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $90,000

    Sales

  • Current Sale Contract Date: Mar 07, 2024
  • Current Sale Recording Date: Mar 12, 2024
  • Current Sale Transaction ID: 11922647101
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10026640
  • Previous Sale Recording Date: Apr 18, 2016
  • Previous Sale Contract Date: Apr 15, 2016
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK
  • First Mortgage Transaction Date: Mar 12, 2024
  • First Mortgage Loan Amount: $308,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Apr 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: TOWN SQUARE BANK
  • Previous Mortgage Transaction Date: Apr 18, 2016
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 15, 2036

About Ashland



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Frequently Asked Questions

What neighborhood is 1600 Montgomery Avenue located in?
The 1600 Montgomery Avenue is a located in the neighborhood of Boyd in Ashland, Ashland.
What is the average sales price for listings in 1600 Montgomery Avenue?
The average sales price for units in 1600 Montgomery Avenue is $0 currently.

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