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1801 Edison Drive

1801 Edison Drive, Lexington, KY 40503
Property in Picadome
Local assessors in Lexington, KY have categorized 1801 Edison Drive as a industrial type of property. The home was built in 1947 and is 77 years old. The property's lot size has been calculated to be 733,550 square feet. 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.

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. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. 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, 1801 Edison Drive sold most recently in Jan 1, 1970 for a total of $2,600,000. If you work out the math, that's approximately a cost of $13.57 per sqft. Before that, the property was also sold for $2,500,000 in Jan 1, 1970. 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 $28,304 in taxes each year. 1801 Edison Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,600,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 5
  • Bedroom Count: 0
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 733,550
  • Lot Size Frontage Feet: 6,325
  • Total Building Area: 191,664
  • Gross Building Area: 191,664
  • Building Area: 191,664
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Industrial
  • Land Acres: 16.84
  • Standard Land Use Code: Industrial (general)
  • Legal Description 1: BOOK: 3827 PAGE: 347

Ownership

  • Current Owner : LEXINGTON WHSE LEASING LLC
  • Previous Owner : GENERAL ELECTRIC CO
  • Owner Before Previous Owner: GE LIGHTING LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 002500

Zoning

  • Zoning: I-1

Geography

  • Assessors Map Reference: MB:32
  • Parcel: 22338500
  • Latitude: 38.0222
  • Longitude: -84.521

    Address

  • Full Address: 1801 Edison Dr
  • Address - House Number: 1801
  • Address - Street Name: Edison
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Lexington
  • Carrier Code: C071
  • 4-Digit Zip Code: 1359
  • Zip Code: 40503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $28,304
  • Tax Rate Code Area: 04

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,950,000
  • First Open Lien Mortgage Lender: LIMESTONE BK INC
  • First Open Lien Mortgage Recording Date: Mar 24, 2021
  • First Open Lien Mortgage Loan Amount: $1,950,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $2,600,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,600,000

    Sales

  • Current Sale Recording Date: Mar 24, 2021
  • Current Sale Transaction ID: 11826168395
  • Current Sale Price: $2,600,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 02, 2017
  • Previous Sale Amount: $2,500,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIMESTONE BK INC
  • First Mortgage Transaction Date: Mar 24, 2021
  • First Mortgage Loan Amount: $1,950,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Picadome



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Nearby Rentals

Unit for rent at 3325 Wood Valley Court, Lexington, KY, 40502

$1,495 /mo

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3325 Wood Valley Court, Lexington, KY, 40502 Listing by S Ann Wesley

Frequently Asked Questions

What neighborhood is 1801 Edison Drive located in?
The 1801 Edison Drive is a located in the neighborhood of Picadome in Picadome, Lexington.
What is the average sales price for listings in 1801 Edison Drive?
The average sales price for units in 1801 Edison Drive is $0 currently.

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