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370 Lee Drive

370 Lee Drive, Stanford, KY 40484
Property in Lincoln
Sold Dec 13, 2021
$152,500
$122,000 by The Farmers National Bank Of D
Mortgage Due Nov 22, 2051
370 Lee Drive in Stanford, KY was first built in 1974 and is 50 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 370 Lee Drive has 1,408 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. In total, the area measurement of the land is 12,487 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a gable 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 garage. The garage is 216 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 good. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a radiant heating 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, 370 Lee Drive was last sold in Nov 22, 2021 for $152,500. According to our calculations, that's $108.31 per sqft. Current property owners are expected to pay $1,481 in taxes per year. The property on 370 Lee Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $152,500. To break that down further, the land itself was valued at $20,500. While improvements to the property were assessed at a total of $132,000. 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. 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.

Building Features

Exterior

Brick Venner Exterior

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 12,487
  • Total Building Area: 1,408
  • Building Area: 1,408
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Radiant
  • Heated Square Feet: 1,408
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WITHERS PLACE
  • Land Acres: 0.286
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H & LOT 2 UN 1A BL A

Ownership

  • Current Owner : PHILLIPS DAMIAN
  • Current Owner 2: PHILLIPS LORRI
  • Previous Owner : EUBANKS LONG J
  • Previous Owner 2: EUBANKS JANE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln County School District
  • Census Tract: 920102

Zoning

  • Zoning: RESIDENTIA

Geography

  • Assessors Map Reference: MB 00A-034
  • Parcel: 051-03-02-001.00
  • Block: A
  • Lot: 2
  • Municipality: STANFORD
  • Latitude: 37.5424
  • Longitude: -84.6704

    Address

  • Full Address: 370 Lee Dr
  • Legal Unit: 1A
  • Address - House Number: 370
  • Address - Street Name: Lee
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Stanford
  • Carrier Code: C001
  • 4-Digit Zip Code: 1032
  • Zip Code: 40484

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,481
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 343,821
  • High Value: 500,193
  • Low Value: 187,448

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,000
  • First Open Lien Mortgage Lender: THE FARMERS NATIONAL BANK OF D
  • First Open Lien Mortgage Recording Date: Dec 13, 2021
  • First Open Lien Mortgage Loan Amount: $122,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 22, 2051

    Market Valuation

  • Market Total Value: $152,500
  • Market Land Value: $20,500
  • Market Improvement Value: $132,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $152,500
  • Assessed Land Value: $20,500
  • Assessed Improvements Value: $132,000

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Transaction ID: 11876659531
  • Current Sale Price: $152,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 480102

    Last Sale Mortgage

  • First Mortgage Lender: THE FARMERS NATIONAL BANK OF D
  • First Mortgage Transaction Date: Dec 13, 2021
  • First Mortgage Loan Amount: $122,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Nov 22, 2051

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 370 Lee Drive located in?
The 370 Lee Drive is a located in the neighborhood of Lincoln in Stanford, Stanford.
What is the average sales price for listings in 370 Lee Drive?
The average sales price for units in 370 Lee Drive is $0 currently.

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