Sold Aug 21, 2017
$123,500
Buyer
Seller
$125,772
by Traditional Bk
Mortgage
Sold Jan 01, 2017
$123,500
Buyer
Seller
197 Preakness Drive in Lexington, KY was first built in 2002 and is 22 years old.
This has been categorized as a residential property type.
It is a single story home.
There are a total of 4 rooms in the home, of which, 2 are bedrooms.
In terms of bathrooms, there are a total of 2 full bathrooms.
There are 2 partial bathrooms.
197 Preakness Drive has 1,056 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 4,008 square feet.
Learn more about the property and building on this page. There is a patio. For those who need parking, there is a attached garage. The garage is 220 sqft. There is one available parking space. 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 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 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, 197 Preakness Drive sold most recently in Jan 1, 1970 for a total of $123,500. If you work out the math, that's approximately a cost of $116.95 per sqft. Before that, the property was also sold for $123,500 in Jan 1, 2017. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,190 in taxes each year. 197 Preakness Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $142,600. 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.
Learn more about the property and building on this page. There is a patio. For those who need parking, there is a attached garage. The garage is 220 sqft. There is one available parking space. 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 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 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, 197 Preakness Drive sold most recently in Jan 1, 1970 for a total of $123,500. If you work out the math, that's approximately a cost of $116.95 per sqft. Before that, the property was also sold for $123,500 in Jan 1, 2017. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,190 in taxes each year. 197 Preakness Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $142,600. 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.
197 Preakness Drive, Lexington, KY 40516
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