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1601 Sheley Woods

1601 Sheley Woods, Nicholasville, KY 40356
Property in Jessamine
Sold Mar 09, 2023
$450,000
$360,000 by Better Mortgage Corporation
Mortgage Due Apr 01, 2053
Sold May 18, 2020
$375,000
$258,820 by Farm Credit Mid America Flca
Mortgage Due Jun 01, 2050
Local assessors in Nicholasville, KY have categorized 1601 Sheley Woods as a residential type of property. The property's lot size has been calculated to be 435,600 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1601 Sheley Woods has a total of 2,130 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 detached garage for those who need a place to park their vehicle. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1601 Sheley Woods sold most recently in Mar 3, 2023 for a total of $450,000. If you work out the math, that's approximately a cost of $211.27 per sqft. Before that, the property was also sold for $375,000 in May 9, 2020. 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 $2,758 in taxes each year. 1601 Sheley Woods was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $246,662. If we break it down further, the land itself was valued at $1,662. Improvements to the property, however, were assessed at a total of $245,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.

Building Features

Exterior

Brick Venner Exterior
Stone Veneer Exterior

Parking

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

Building Info

Overview

    General

  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,522
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 435,600
  • Total Building Area: 2,130
  • Building Area: 2,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,130
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELMWOOD ESTATES
  • Land Acres: 10
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: LOT 10

Ownership

  • Current Owner : SMITH MARK C
  • Current Owner 2: SMITH CARRIE A
  • Previous Owner : DICK SKYE N
  • Previous Owner 2: DICK MICHAEL THOMAS
  • Owner Before Previous Owner: COBURN THOMAS F
  • Owner Before Previous Owner 2: COBURN CATHERINE L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Jessamine County School District
  • Census Tract: 060300

Geography

  • Parcel: 073-00-00-024.00
  • Lot: 10
  • Municipality: COUNTY
  • Latitude: 37.8203
  • Longitude: -84.5444

    Address

  • Full Address: 1601 Sheley Woods Rd
  • Address - House Number: 1601
  • Address - Street Name: Sheley Woods
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Nicholasville
  • Carrier Code: R002
  • 4-Digit Zip Code: 9665
  • Zip Code: 40356

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,758
  • Tax Rate Code Area: D

    Appraisal Valuation

  • Standard Deviation: 0.0802
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 586,982
  • High Value: 634,114
  • Low Value: 539,851

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Mar 09, 2023
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $65,000
  • Market Improvement Value: $245,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,662
  • Assessed Land Value: $1,662
  • Assessed Improvements Value: $245,000

    Sales

  • Current Sale Contract Date: Mar 03, 2023
  • Current Sale Recording Date: Mar 09, 2023
  • Current Sale Transaction ID: 11903722377
  • Current Sale Price: $450,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 446434
  • Previous Sale Recording Date: May 18, 2020
  • Previous Sale Contract Date: May 09, 2020
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Mar 09, 2023
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FARM CREDIT MID AMERICA FLCA
  • Previous Mortgage Transaction Date: May 18, 2020
  • Previous Mortgage Loan Amount: $258,820
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jun 01, 2050

About Jessamine



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Frequently Asked Questions

What neighborhood is 1601 Sheley Woods located in?
The 1601 Sheley Woods is a located in the neighborhood of Jessamine in Jessamine, Nicholasville.
What is the average sales price for listings in 1601 Sheley Woods?
The average sales price for units in 1601 Sheley Woods is $0 currently.

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