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1637 Cornelius Trace

1637 Cornelius Trace, Lexington, KY 40509
Property in Fayette
Sold Feb 01, 2018
$341,850
$324,757 by American Mtg Serv Co
Mortgage
1637 Cornelius Trace in Lexington, KY was first built in 2018 and is 6 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1637 Cornelius Trace has 3,340 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. In total, the area measurement of the land is 8,647 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 529 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of masonry. 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. 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. 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, 1637 Cornelius Trace was last sold in Jan 1, 1970 for $341,850. According to our calculations, that's $102.35 per sqft. Current property owners are expected to pay $5,559 in taxes per year. The property on 1637 Cornelius Trace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $449,500. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 529
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,647
  • Lot Size Frontage Feet: 679
  • Total Building Area: 3,340
  • Building Area: 3,340
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,340
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLACKFORD PROPERTY PH 3
  • Land Acres: 0.199
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: R-42 BLACKFORD PROPERTY LOT PCLS 2&1; BOOK: 3557 PAGE: 664

Ownership

  • Current Owner : NELSON WESLEY DEAN
  • Current Owner 2: NELSON ROBERT ALAN
  • Previous Owner : BALL HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 003915

Zoning

  • Zoning: EAR-1

Geography

  • Assessors Map Reference: MB:44
  • Parcel: 38263650
  • Lot: 6
  • Latitude: 38.0199
  • Longitude: -84.3905

    Address

  • Full Address: 1637 Cornelius Trce
  • Address - House Number: 1637
  • Address - Street Name: Cornelius
  • Address - Suffix Type: Trce
  • State: KY
  • City Name: Lexington
  • Carrier Code: R081
  • 4-Digit Zip Code: 9093
  • Zip Code: 40509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,559
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2083
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 548,904
  • High Value: 663,258
  • Low Value: 434,550

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $449,757
  • First Open Lien Mortgage Lender: AMERICAN MTG SERV CO
  • First Open Lien Mortgage Recording Date: Feb 01, 2018
  • First Open Lien Mortgage Loan Amount: $324,757
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: UNIVERSITY OF KENTUCKY FEDERAL
  • Second Open Lien Mortgage Recording Date: Nov 16, 2023
  • Second Open Lien Mortgage Loan Amount: $125,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2043

    Market Valuation

  • Market Total Value: $449,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $449,500

    Sales

  • Current Sale Recording Date: Feb 01, 2018
  • Current Sale Transaction ID: 11381707742
  • Current Sale Price: $341,850
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN MTG SERV CO
  • First Mortgage Transaction Date: Feb 01, 2018
  • First Mortgage Loan Amount: $324,757
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Lexington-Fayette



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$2,339 /mo

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2117 Millstone Way, Lexington, KY, 40509 Listing by James McKee

Frequently Asked Questions

What neighborhood is 1637 Cornelius Trace located in?
The 1637 Cornelius Trace is a located in the neighborhood of Fayette in Lexington-Fayette, Lexington.
What is the average sales price for listings in 1637 Cornelius Trace?
The average sales price for units in 1637 Cornelius Trace is $0 currently.

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