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3785 Newman Road

3785 Newman Road, Lexington, KY 40515
Property in Jessamine
Sold Dec 12, 2018
$470,000
$429,000 by Farmers Bank
Mortgage Due Dec 05, 2028
This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3785 Newman Road has 1,333 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 1,333 sqft and has been categorized as a full basement. In total, the area measurement of the land is 4,181,760 square feet.

Learn more about the property and building on this page. For those who need parking, there is a detached garage. The exterior walls of the home are made of alum/vinyl siding. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Dec 4, 2018 for $470,000. That's $352.59 per sqft. 3785 Newman Road was last assessed in 2023. The total value of the property was assessed at $164,783. Specifically, the land the property is located on was valued at $31,783. While improvements on the property were assessed at a total of $133,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,842. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,333
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,181,760
  • Total Building Area: 1,333
  • Building Area: 1,333
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,333
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 96
  • Standard Land Use Code: Rural/agricultural residence

Ownership

  • Current Owner : MITCHELL JAMES L
  • Previous Owner : CHRISTIAN DRETTA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jessamine County School District
  • Census Tract: 060200

Geography

  • Parcel: 103-00-00-009.00
  • Municipality: COUNTY
  • Latitude: 37.8494
  • Longitude: -84.4432

    Address

  • Full Address: 3785 Newman Rd
  • Address - House Number: 3785
  • Address - Street Name: Newman
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Lexington
  • Carrier Code: R005
  • 4-Digit Zip Code: 9012
  • Zip Code: 40515

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,842
  • Tax Rate Code Area: D

    Appraisal Valuation

  • Standard Deviation: 0.2185
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 656,734
  • High Value: 800,235
  • Low Value: 513,233

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $429,000
  • First Open Lien Mortgage Lender: FARMERS BANK
  • First Open Lien Mortgage Recording Date: Dec 12, 2018
  • First Open Lien Mortgage Loan Amount: $429,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Dec 05, 2028

    Market Valuation

  • Market Total Value: $495,000
  • Market Land Value: $362,000
  • Market Improvement Value: $133,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,783
  • Assessed Land Value: $31,783
  • Assessed Improvements Value: $133,000

    Sales

  • Current Sale Contract Date: Dec 04, 2018
  • Current Sale Recording Date: Dec 12, 2018
  • Current Sale Transaction ID: 11544082044
  • Current Sale Price: $470,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 371610

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS BANK
  • First Mortgage Transaction Date: Dec 12, 2018
  • First Mortgage Loan Amount: $429,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Dec 05, 2028

About Jessamine



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Frequently Asked Questions

What neighborhood is 3785 Newman Road located in?
The 3785 Newman Road is a located in the neighborhood of Jessamine in Jessamine, Lexington.
What is the average sales price for listings in 3785 Newman Road?
The average sales price for units in 3785 Newman Road is $0 currently.

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