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1995 Fair Oaks Drive

1995 Fair Oaks Drive, Lexington, KY 40504
Property in Fayette
Sold Jul 06, 2012
$120,000
$90,000 by Fifth Third Mortgage Co
Mortgage
Local assessors in Lexington, KY have categorized 1995 Fair Oaks Drive as a residential type of property. The home was built in 1961 and is 63 years old. The property's lot size has been calculated to be 8,999 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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. If we look only at the heated or air conditioned part of the building, then 1995 Fair Oaks Drive has a total of 1,974 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,574 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 garage underground or in the basement for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 1995 Fair Oaks Drive sold most recently in Jan 1, 1970 for a total of $120,000. If you work out the math, that's approximately a cost of $60.79 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 $2,065 in taxes each year. 1995 Fair Oaks Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $167,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1961
  • Effective Year Built: 1961
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,574
  • Garage Type: Underground/basement
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,999
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,974
  • Gross Building Area: 1,974
  • Building Area: 1,974
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,974
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GARDENSIDE
  • Land Acres: 0.207
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: C-297 GARDENSIDE UNIT 16B LOT 15; BOOK: 3083 PAGE: 719

Ownership

  • Current Owner : KING JAMES E
  • Current Owner 2: KING REZIA
  • Previous Owner : BARRETT BRYAN D
  • Previous Owner 2: BARRETT DIANA

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 002600

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MB:23
  • Parcel: 16346100
  • Block: C
  • Lot: 15
  • Latitude: 38.0466
  • Longitude: -84.5499

    Address

  • Full Address: 1995 Fair Oaks Dr
  • Legal Unit: 16B
  • Address - House Number: 1995
  • Address - Street Name: Fair Oaks
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Lexington
  • Carrier Code: C002
  • 4-Digit Zip Code: 2235
  • Zip Code: 40504

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,065
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 74
  • Final Value: 250,139
  • High Value: 298,747
  • Low Value: 201,530

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,000
  • First Open Lien Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jul 06, 2012
  • First Open Lien Mortgage Loan Amount: $90,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $167,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,000

    Sales

  • Current Sale Recording Date: Jul 06, 2012
  • Current Sale Transaction ID: 1081229369
  • Current Sale Price: $120,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Mortgage Transaction Date: Jul 06, 2012
  • First Mortgage Loan Amount: $90,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

About Lexington-Fayette



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Frequently Asked Questions

What neighborhood is 1995 Fair Oaks Drive located in?
The 1995 Fair Oaks Drive is a located in the neighborhood of Fayette in Lexington-Fayette, Lexington.
What is the average sales price for listings in 1995 Fair Oaks Drive?
The average sales price for units in 1995 Fair Oaks Drive is $0 currently.

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