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2693 Peaks Mill Road

2693 Peaks Mill Road, Frankfort, KY 40601
Property in Franklin
Sold Aug 22, 2005
$161,500
$136,000 by Commonwealth Cu Inc
Mortgage Due Sep 01, 2035
Local assessors in Frankfort, KY have categorized 2693 Peaks Mill Road as a residential type of property. The property's lot size has been calculated to be 98,881 square feet. 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 2693 Peaks Mill Road has a total of 364 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. The home sources its water from a water system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is fair. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. 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, 2693 Peaks Mill Road sold most recently in Aug 19, 2005 for a total of $161,500. If you work out the math, that's approximately a cost of $443.68 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 $940 in taxes each year. 2693 Peaks Mill Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $125,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

  • Bedroom Count: 0
  • Building Condition: Fair
  • Building Quality: C
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Type: Unimproved
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 98,881
  • Total Building Area: 364
  • Gross Building Area: 364
  • Building Area: 364
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 364
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 2.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2.27 ACRES

Ownership

  • Current Owner : MCELRATH DAVID E
  • Previous Owner : ABRAMS SARA LOCKE
  • Previous Owner 2: ABRAMS SARA LOCKE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin County School District
  • Census Tract: 070801

Geography

  • Account Number: 49312
  • District: 1
  • Parcel: 083-00-00-029.00
  • Municipality: COUNTY
  • Latitude: 38.2499
  • Longitude: -84.8194

    Address

  • Full Address: 2693 Peaks Mill Rd
  • Address - House Number: 2693
  • Address - Street Name: Peaks Mill
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Frankfort
  • Carrier Code: R006
  • 4-Digit Zip Code: 9437
  • Zip Code: 40601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $940

    Appraisal Valuation

  • Standard Deviation: 0.2683
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 61
  • Final Value: 211,923
  • High Value: 268,785
  • Low Value: 155,062

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,000
  • First Open Lien Mortgage Lender: COMMONWEALTH CU INC
  • First Open Lien Mortgage Recording Date: Aug 22, 2005
  • First Open Lien Mortgage Loan Amount: $136,000
  • 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: Sep 01, 2035

    Market Valuation

  • Market Total Value: $125,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,000

    Sales

  • Current Sale Contract Date: Aug 19, 2005
  • Current Sale Recording Date: Aug 22, 2005
  • Current Sale Transaction ID: 1181097109
  • Current Sale Price: $161,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 287306

    Last Sale Mortgage

  • First Mortgage Lender: COMMONWEALTH CU INC
  • First Mortgage Transaction Date: Aug 22, 2005
  • First Mortgage Loan Amount: $136,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2035

About Franklin



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Frequently Asked Questions

What neighborhood is 2693 Peaks Mill Road located in?
The 2693 Peaks Mill Road is a located in the neighborhood of Franklin in Franklin, Frankfort.
What is the average sales price for listings in 2693 Peaks Mill Road?
The average sales price for units in 2693 Peaks Mill Road is $0 currently.

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