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305 Ridgewood Lane

305 Ridgewood Lane, Frankfort, KY 40601
Multifamily in Franklin
The home has a total of 20 rooms. 8 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 9,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as good. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 305 Ridgewood Lane was last sold in Sep 30, 2020 for $173,000. Prior to that sales transaction, the property was sold for $142,000 in Apr 2, 2014. Current property owners are expected to pay $2,067 in taxes per year. The property on 305 Ridgewood Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $173,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Total Rooms: 20
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Built-in
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Subdivision: WESTGATE 3
  • Land Acres: 0.207
  • Standard Land Use Code: Miscellaneous (general)
  • Legal Description 1: WESTGATE 3 LOT M-9

Ownership

  • Current Owner : LINGAMEPETA SANTOSH
  • Current Owner 2: RAGHAVAPURAM SHRAVANTHI
  • Previous Owner : CGA INVESTMENTS LLC
  • Owner Before Previous Owner: DURHAM HAROLD
  • Owner Before Previous Owner 2: DURHAM CAROL

Neighborhood

  • School District Name: Franklin County School District
  • Census Tract: 070403

Geography

  • Account Number: 73351
  • District: 2
  • Parcel: 050-30-07-023.00
  • Lot: M-9
  • Municipality: ANNEX
  • Latitude: 38.1723
  • Longitude: -84.9003

    Address

  • Full Address: 305 Ridgewood Ln
  • Address - House Number: 305
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Ln
  • State: KY
  • City Name: Frankfort
  • Carrier Code: C022
  • 4-Digit Zip Code: 4207
  • Zip Code: 40601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,067

    Appraisal Valuation

  • Standard Deviation: 0.2467
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 65
  • Final Value: 253,667
  • High Value: 316,254
  • Low Value: 191,081

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $129,750
  • First Open Lien Mortgage Lender: GUARDIAN SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Oct 12, 2020
  • First Open Lien Mortgage Loan Amount: $129,750
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $173,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $173,000

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 12, 2020
  • Current Sale Transaction ID: 11795115283
  • Current Sale Price: $173,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 511434
  • Previous Sale Recording Date: Apr 09, 2014
  • Previous Sale Contract Date: Apr 02, 2014
  • Previous Sale Amount: $142,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARDIAN SAVINGS BANK
  • First Mortgage Transaction Date: Oct 12, 2020
  • First Mortgage Loan Amount: $129,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CENTURY LENDING CO
  • Previous Mortgage Transaction Date: Apr 09, 2014
  • Previous Mortgage Loan Amount: $106,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2044

About Frankfort



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215 Capital Avenue #215 Capital Avenue - E2, Frankfort, KY, 40601 Listing by Manager

Frequently Asked Questions

What neighborhood is 305 Ridgewood Lane located in?
The 305 Ridgewood Lane is a multifamily located in the neighborhood of Franklin in Frankfort, Frankfort.
What is the average sales price for listings in 305 Ridgewood Lane?
The average sales price for units in 305 Ridgewood Lane is $0 currently.

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