305 Scott Lane

305 Scott Lane in Lexington, TN was first built in 1974 and is 50 years old. Although, the building on the property was most recently renovated and altered in 1992. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 305 Scott Lane has 1,359 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. The basement is 1,681 sqft and has been categorized as a full basement. In total, the area measurement of the land is 493,970 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a carport. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of paneling. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heating system and being fueled with gas. 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 Scott Lane was last sold in Jan 1, 1970 for $98,500. According to our calculations, that's $72.48 per sqft. Prior to that sales transaction, the property was sold for $163,000 in Jan 1, 1970. Current property owners are expected to pay $603 in taxes per year. The property on 305 Scott Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $47,025. To break that down further, the land itself was valued at $8,050. While improvements to the property were assessed at a total of $38,975. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.