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40 Burney Lane

40 Burney Lane, Fort Thomas, KY 41075
Property in Campbell
Sold Jan 26, 2021
$602,000
$451,500 by Cincinnati Fsla
Mortgage Due Feb 01, 2036
Sold Jul 03, 2019
$201,080
40 Burney Lane in Fort Thomas, KY was first built in 1954 and is 70 years old. This has been categorized as a residential property type. It is a single story home. 40 Burney Lane has 1,208 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 24,371 square feet.

Learn more about the property and building on this page. There is a patio. The home has a gable style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage underground or in the basement. 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 brick 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. 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 forced air unit 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, 40 Burney Lane was last sold in Jan 14, 2021 for $602,000. According to our calculations, that's $498.34 per sqft. Prior to that sales transaction, the property was sold for $201,080 in Jul 2, 2019. Current property owners are expected to pay $2,378 in taxes per year. The property on 40 Burney Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $602,000. To break that down further, the land itself was valued at $65,000. While improvements to the property were assessed at a total of $537,000. 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 Exterior

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 24,371
  • Total Building Area: 1,208
  • Building Area: 1,208
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,208
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NEW EDGEWOOD
  • Land Acres: 0.559
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 PT 4 BLK F NEW EDGEWOOD SUB

Ownership

  • Current Owner : STEARNS ADDISON M
  • Previous Owner : GIBSON GRADY A
  • Previous Owner 2: GIBSON SUZANNE
  • Owner Before Previous Owner: MANSFIELD MATTHEW CURTISS
  • Owner Before Previous Owner 2: MANSFIELD STEPHANIE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fort Thomas Independent School District
  • School Tax School District: FT. THOMAS SCH
  • School Tax District Code 2: FT. THOMAS
  • Census Tract: 052302

Geography

  • District: 26
  • Subdivision Phase Number: F
  • Parcel: 999-99-14-505.00
  • Block: F
  • Lot: 2
  • Municipality: FT THOMAS
  • Latitude: 39.0704
  • Longitude: -84.4541

    Address

  • Full Address: 40 Burney Ln
  • Address - House Number: 40
  • Address - Street Name: Burney
  • Address - Suffix Type: Ln
  • State: KY
  • City Name: Fort Thomas
  • Carrier Code: C055
  • 4-Digit Zip Code: 2009
  • Zip Code: 41075

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,378

    Appraisal Valuation

  • Standard Deviation: 0.244
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 65
  • Final Value: 609,025
  • High Value: 757,676
  • Low Value: 460,375

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $451,500
  • First Open Lien Mortgage Lender: CINCINNATI FSLA
  • First Open Lien Mortgage Recording Date: Jan 26, 2021
  • First Open Lien Mortgage Loan Amount: $451,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2036

    Market Valuation

  • Market Total Value: $602,000
  • Market Land Value: $65,000
  • Market Improvement Value: $537,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $602,000
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $537,000

    Sales

  • Current Sale Contract Date: Jan 14, 2021
  • Current Sale Recording Date: Jan 26, 2021
  • Current Sale Transaction ID: 11815735463
  • Current Sale Price: $602,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5124963
  • Previous Sale Recording Date: Jul 03, 2019
  • Previous Sale Contract Date: Jul 02, 2019
  • Previous Sale Amount: $201,080
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CINCINNATI FSLA
  • First Mortgage Transaction Date: Jan 26, 2021
  • First Mortgage Loan Amount: $451,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2036

About Fort Thomas



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Frequently Asked Questions

What neighborhood is 40 Burney Lane located in?
The 40 Burney Lane is a located in the neighborhood of Campbell in Fort Thomas, Fort Thomas.
What is the average sales price for listings in 40 Burney Lane?
The average sales price for units in 40 Burney Lane is $0 currently.

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