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1607 Ray Street

1607 Ray Street, Ashland, KY 41101
Property in Boyd
Sold May 11, 2012
$26,000
$50,000 by Thrive Mortgage, Llc
Mortgage Due Jan 01, 2054
1607 Ray Street in Ashland, KY was first built in 1925 and is 99 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1607 Ray Street has 636 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 1,350. In total, the area measurement of the land is 6,750 square feet.

Learn more about the property and building on this page. There is a porch. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. 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 frame 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 fair. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with a wall air conditioning unit. As for heating, the home is utilizing floor/wall heating system 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, 1607 Ray Street sold most recently in May 9, 2012 for a total of $26,000. If you work out the math, that's approximately a cost of $40.88 per sqft. 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 $203 in taxes each year. 1607 Ray Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $26,000. If we break it down further, the land itself was valued at $5,000. Improvements to the property, however, were assessed at a total of $21,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: C-
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Unimproved
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,750
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 636
  • Building Area: 636
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 636
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HILL TOP
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PAR 1 50X150 PAR 2 25X150

Ownership

  • Current Owner : WILSON MICHAEL L
  • Current Owner 2: WILSON STACY L
  • Previous Owner : STEPHENS JACK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ashland Independent School District
  • Census Tract: 030400

Zoning

  • Zoning: RESIDENTIA

Geography

  • Account Number: 585961
  • District: DI020
  • Parcel: 038-12-03-002.00
  • Municipality: ASHLAND
  • Latitude: 38.4591
  • Longitude: -82.6305

    Address

  • Full Address: 1607 Ray St
  • Address - House Number: 1607
  • Address - Street Name: Ray
  • Address - Suffix Type: St
  • State: KY
  • City Name: Ashland
  • Carrier Code: C025
  • 4-Digit Zip Code: 4143
  • Zip Code: 41101

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $203
  • Tax Rate Code Area: ASHLAND

    Appraisal Valuation

  • Standard Deviation: 0.4165
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 16
  • Final Value: 41,491
  • High Value: 58,774
  • Low Value: 24,207

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: THRIVE MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Dec 14, 2023
  • First Open Lien Mortgage Loan Amount: $50,000
  • 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: Jan 01, 2054

    Market Valuation

  • Market Total Value: $26,000
  • Market Land Value: $5,000
  • Market Improvement Value: $21,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $21,000

    Sales

  • Current Sale Contract Date: May 09, 2012
  • Current Sale Recording Date: May 11, 2012
  • Current Sale Transaction ID: 1181003467
  • Current Sale Price: $26,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 661610

    Last Sale Mortgage

  • First Mortgage Lender: WRIGHT-PATT CREDIT UNION INC
  • First Mortgage Transaction Date: May 11, 2012
  • First Mortgage Loan Amount: $25,340
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2027

About Ashland



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1607 Ray Street located in?
The 1607 Ray Street is a located in the neighborhood of Boyd in Ashland, Ashland.
What is the average sales price for listings in 1607 Ray Street?
The average sales price for units in 1607 Ray Street is $0 currently.

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