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415 Reed Drive

415 Reed Drive, Frankfort, KY 40601
House in Franklin
Sold Jun 03, 2019
$140,000
$112,000 by Republic State Mortgage Co
Mortgage Due Jun 01, 2049
415 Reed Drive has been categorized by the local assessors in Frankfort, KY as a residential type of property. The building on the property was first built in 1964 and is 60 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home.

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 garage underground or in the basement for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as good. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in May 31, 2019 for $140,000. 415 Reed Drive was last assessed in 2023. The total value of the property was assessed at $140,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,673. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

Building Features

Exterior

Brick Venner Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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 Type: Full basement
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Underground/basement
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CLOVERDALE 4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CLOVERDALE 4 LOT 73

Ownership

  • Current Owner : JONES JACOB T
  • Current Owner 2: JONES NICOLE K
  • Previous Owner : BARNES WILLIAM T
  • Previous Owner 2: BARNES PRISCILLA A

Neighborhood

  • School District Name: Franklin County School District
  • Census Tract: 070404

Geography

  • Account Number: 71014
  • District: 2
  • Parcel: 063-10-06-004.00
  • Lot: 73
  • Municipality: ANNEX
  • Latitude: 38.1741
  • Longitude: -84.8814

    Address

  • Full Address: 415 Reed Dr
  • Address - House Number: 415
  • Address - Street Name: Reed
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Frankfort
  • Carrier Code: C018
  • 4-Digit Zip Code: 4541
  • Zip Code: 40601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,673

    Appraisal Valuation

  • Standard Deviation: 0.264
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 62
  • Final Value: 228,868
  • High Value: 289,298
  • Low Value: 168,439

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,000
  • First Open Lien Mortgage Lender: REPUBLIC STATE MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jun 03, 2019
  • First Open Lien Mortgage Loan Amount: $112,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2049

    Market Valuation

  • Market Total Value: $140,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,000

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: Jun 03, 2019
  • Current Sale Transaction ID: 11617602696
  • Current Sale Price: $140,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 489723

    Last Sale Mortgage

  • First Mortgage Lender: REPUBLIC STATE MORTGAGE CO
  • First Mortgage Transaction Date: Jun 03, 2019
  • First Mortgage Loan Amount: $112,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

About Frankfort



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Frequently Asked Questions

What neighborhood is 415 Reed Drive located in?
The 415 Reed Drive is a house located in the neighborhood of Franklin in Frankfort, Frankfort.
What is the average sales price for listings in 415 Reed Drive?
The average sales price for units in 415 Reed Drive is $0 currently.

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