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205 Merravay Drive

205 Merravay Drive, Florence, KY 41042
Property in Boone
Sold Aug 02, 2017
$135,000
$132,554 by Amerisave Mortgage Corp
Mortgage Due Aug 01, 2047
Sold Jan 25, 2006
$82,900
205 Merravay Drive has been categorized by the local assessors in Florence, KY as a residential type of property. The building on the property was first built in 1971 and is 53 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 205 Merravay Drive has 1,232 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 484 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a gable style roof. The exterior walls of the building are made of brick. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 21, 2017 for $135,000. That's $109.58 per sqft. Prior to that sales transaction, the property was also sold in Jan 25, 2006 for $82,900. 205 Merravay Drive was last assessed in 2023. The total value of the property was assessed at $135,000. Specifically, the land the property is located on was valued at $15,000. While improvements on the property were assessed at a total of $120,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,348. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,232
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINE LAKE SUB
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 123 SEC 1 PINE LAKE SUB (73C-39)

Ownership

  • Current Owner : NICHOLS JOHN J
  • Current Owner 2: NICHOLS TABATHA A
  • Previous Owner : BELLOSO LUIS A
  • Previous Owner 2: BELLOSO GRACIELA
  • Owner Before Previous Owner: SOULETTE YOLANDA A
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Boone County School District
  • School Tax School District: FLORENCE
  • Census Tract: 070201

Geography

  • District: 100003
  • Section: 1
  • Parcel: 073.00-03-123.00
  • Lot: 123
  • Municipality: FLORENCE
  • Latitude: 38.9885
  • Longitude: -84.6183

    Address

  • Full Address: 205 Merravay Dr
  • Address - House Number: 205
  • Address - Street Name: Merravay
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Florence
  • Carrier Code: C002
  • 4-Digit Zip Code: 2705
  • Zip Code: 41042

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,348

    Appraisal Valuation

  • Standard Deviation: 0.207
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 72
  • Final Value: 223,203
  • High Value: 269,413
  • Low Value: 176,993

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,554
  • First Open Lien Mortgage Lender: AMERISAVE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 02, 2017
  • First Open Lien Mortgage Loan Amount: $132,554
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2047

    Market Valuation

  • Market Total Value: $135,000
  • Market Land Value: $15,000
  • Market Improvement Value: $120,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,000
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $120,000

    Sales

  • Current Sale Contract Date: Jul 21, 2017
  • Current Sale Recording Date: Aug 02, 2017
  • Current Sale Transaction ID: 1732535868
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 732295
  • Previous Sale Recording Date: Jan 25, 2006
  • Previous Sale Contract Date: Jan 25, 2006
  • Previous Sale Amount: $82,900
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERISAVE MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 02, 2017
  • First Mortgage Loan Amount: $132,554
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2047

About Florence



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Frequently Asked Questions

What neighborhood is 205 Merravay Drive located in?
The 205 Merravay Drive is a located in the neighborhood of Boone in Florence, Florence.
What is the average sales price for listings in 205 Merravay Drive?
The average sales price for units in 205 Merravay Drive is $0 currently.

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