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2420 Prescott Lane

2420 Prescott Lane, Lexington, KY 40511
Property in Fayette
Sold Feb 01, 2023
$230,000
$205,000 by Peoples Exchange Bank
Mortgage Due Feb 01, 2053
Sold Jul 07, 2015
$122,000
$119,790 by Benchmark Mtg
Mortgage
2420 Prescott Lane in Lexington, KY was first built in 2003 and is 21 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2420 Prescott Lane has 1,260 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 6,386 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. For those who need parking, there is a attached garage. The garage is 240 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. 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. 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, 2420 Prescott Lane sold most recently in Jan 27, 2023 for a total of $230,000. If you work out the math, that's approximately a cost of $182.54 per sqft. Before that, the property was also sold for $122,000 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 $2,844 in taxes each year. 2420 Prescott Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $230,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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: 2003
  • Effective Year Built: 2003
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,386
  • Lot Size Frontage Feet: 382
  • Total Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,260
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GIVENS PROPERTY
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: L-950 GIVENS PROPERTY UNIT 1-B (BELMONT PLACE) LOT 40; BOOK: 3325 PAGE: 556

Ownership

  • Current Owner : COLLINS BRIANNA LYNN
  • Previous Owner : EGERTON BRIAN
  • Previous Owner 2: EGERTON HALEY
  • Owner Before Previous Owner: GOODWIN JESSICA R
  • Owner Before Previous Owner 2: GOODWIN EZEKIEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 003803

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: MB:4
  • Parcel: 38090730
  • Lot: 40
  • Latitude: 38.0931
  • Longitude: -84.5058

    Address

  • Full Address: 2420 Prescott Ln
  • Legal Unit: 1-B
  • Address - House Number: 2420
  • Address - Street Name: Prescott
  • Address - Suffix Type: Ln
  • State: KY
  • City Name: Lexington
  • Carrier Code: C020
  • 4-Digit Zip Code: 2272
  • Zip Code: 40511

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,844
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1884
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 75
  • Final Value: 236,726
  • High Value: 281,338
  • Low Value: 192,115

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $205,000
  • First Open Lien Mortgage Lender: PEOPLES EXCHANGE BANK
  • First Open Lien Mortgage Recording Date: Feb 01, 2023
  • First Open Lien Mortgage Loan Amount: $205,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2053

    Market Valuation

  • Market Total Value: $230,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,000

    Sales

  • Current Sale Contract Date: Jan 27, 2023
  • Current Sale Recording Date: Feb 01, 2023
  • Current Sale Transaction ID: 11905795233
  • Current Sale Price: $230,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 163
  • Previous Sale Recording Date: Jul 07, 2015
  • Previous Sale Amount: $122,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES EXCHANGE BANK
  • First Mortgage Transaction Date: Feb 01, 2023
  • First Mortgage Loan Amount: $205,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: BENCHMARK MTG
  • Previous Mortgage Transaction Date: Jul 07, 2015
  • Previous Mortgage Loan Amount: $119,790
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Lexington-Fayette



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Frequently Asked Questions

What neighborhood is 2420 Prescott Lane located in?
The 2420 Prescott Lane is a located in the neighborhood of Fayette in Lexington-Fayette, Lexington.
What is the average sales price for listings in 2420 Prescott Lane?
The average sales price for units in 2420 Prescott Lane is $0 currently.

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