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2597 Moray Place

2597 Moray Place, Lexington, KY 40511
House in Fayette
Sold Mar 05, 2018
$162,000
Sold Mar 25, 2009
$133,000
$125,152 by Fifth Third Mortgage Co
Mortgage
Local assessors in Lexington, KY have categorized 2597 Moray Place as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 4,731 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2597 Moray Place has a total of 1,496 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 attached garage for those who need a place to park their vehicle. The garage on the property is 399 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Lots of masonry 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 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, 2597 Moray Place sold most recently in Jan 1, 1970 for a total of $162,000. If you work out the math, that's approximately a cost of $108.29 per sqft. Before that, the property was also sold for $133,000 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 $2,609 in taxes each year. 2597 Moray Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $211,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2005
  • Effective Year Built: 2005
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 399
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,731
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,496
  • Building Area: 1,496
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,496
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COVENTRY (BELMONT FARM)
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: M-134 COVENTRY (BELMONT FARM) UNIT 1-C LOT 84; BOOK: 3564 PAGE: 409

Ownership

  • Current Owner : SMITH HAYDEN P
  • Current Owner 2: SMITH SARAH KATE
  • Previous Owner : CARROLL RICHARD L
  • Previous Owner 2: CARROLL ADRIENNE M
  • Owner Before Previous Owner: WHEELER JAMIE C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: MB:1
  • Parcel: 38118730
  • Lot: 84
  • Latitude: 38.1051
  • Longitude: -84.5107

    Address

  • Full Address: 2597 Moray Pl
  • Legal Unit: 1-C
  • Address - House Number: 2597
  • Address - Street Name: Moray
  • Address - Suffix Type: Pl
  • State: KY
  • City Name: Lexington
  • Carrier Code: C020
  • 4-Digit Zip Code: 9130
  • Zip Code: 40511

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,609
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2356
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 272,370
  • High Value: 336,566
  • Low Value: 208,173

    Market Valuation

  • Market Total Value: $211,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $211,000

    Sales

  • Current Sale Recording Date: Mar 05, 2018
  • Current Sale Transaction ID: 11427198908
  • Current Sale Price: $162,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 25, 2009
  • Previous Sale Amount: $133,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FED SAV BK
  • First Mortgage Transaction Date: Mar 05, 2018
  • First Mortgage Loan Amount: $125,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Mar 25, 2009
  • Previous Mortgage Loan Amount: $125,152
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

About Lexington-Fayette



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Frequently Asked Questions

What neighborhood is 2597 Moray Place located in?
The 2597 Moray Place is a house located in the neighborhood of Fayette in Lexington-Fayette, Lexington.
What is the average sales price for listings in 2597 Moray Place?
The average sales price for units in 2597 Moray Place is $172,500 , or $115/sqft. currently.

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