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3305 Scottish Trace

3305 Scottish Trace, Lexington, KY 40509
Property in Fayette
Sold Jan 24, 2017
$220,000
$176,000 by Platinum Mtg Inc
Mortgage
Sold May 05, 2009
$177,000
$132,750 by Republic Bank & Trust Co
Mortgage
3305 Scottish Trace has been categorized by the local assessors in Lexington, KY as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3305 Scottish Trace has 2,307 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,162 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. 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. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery 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, 3305 Scottish Trace sold most recently in Jan 1, 1970 for a total of $220,000. If you work out the math, that's approximately a cost of $95.36 per sqft. Before that, the property was also sold for $177,000 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 $3,211 in taxes each year. 3305 Scottish Trace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $306,100. 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

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • 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: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,162
  • Lot Size Frontage Feet: 470
  • Total Building Area: 2,307
  • Building Area: 2,307
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,307
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLACKFORD PROPERTY PH 1
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: M-268 BLACKFORD PROPERTY PH 1 UNIT 1-C SEC 1 LOT 127; BOOK: 3463 PAGE: 598

Ownership

  • Current Owner : WESTAWAY BARRY A
  • Current Owner 2: WESTAWAY KARRIE
  • Previous Owner : CHEN MICHAEL
  • Previous Owner 2: CHEN ANNIE
  • Owner Before Previous Owner: PARKS STEVEN D
  • Owner Before Previous Owner 2: PARKS JENNIFER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 003915

Zoning

  • Zoning: EAR-2

Geography

  • Assessors Map Reference: MB:36
  • Section: 1
  • Parcel: 38121360
  • Lot: 127
  • Latitude: 38.0221
  • Longitude: -84.3974

    Address

  • Full Address: 3305 Scottish Trce
  • Legal Unit: 1-C
  • Address - House Number: 3305
  • Address - Street Name: Scottish
  • Address - Suffix Type: Trce
  • State: KY
  • City Name: Lexington
  • Carrier Code: R076
  • 4-Digit Zip Code: 8546
  • Zip Code: 40509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,211
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2083
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 438,443
  • High Value: 529,785
  • Low Value: 347,102

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,000
  • First Open Lien Mortgage Lender: PLATINUM MTG INC
  • First Open Lien Mortgage Recording Date: Jan 24, 2017
  • First Open Lien Mortgage Loan Amount: $176,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $306,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $306,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Jan 24, 2017
  • Current Sale Transaction ID: 1939411394
  • Current Sale Price: $220,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 05, 2009
  • Previous Sale Amount: $177,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLATINUM MTG INC
  • First Mortgage Transaction Date: Jan 24, 2017
  • First Mortgage Loan Amount: $176,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: REPUBLIC BANK & TRUST CO
  • Previous Mortgage Transaction Date: May 05, 2009
  • Previous Mortgage Loan Amount: $132,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 3305 Scottish Trace located in?
The 3305 Scottish Trace is a located in the neighborhood of Fayette in Lexington-Fayette, Lexington.
What is the average sales price for listings in 3305 Scottish Trace?
The average sales price for units in 3305 Scottish Trace is $0 currently.

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