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456 Spencer Park

456 Spencer Park, Lexington, KY 40515
Property in Fayette
Sold Sep 04, 2012
$285,000
$203,000 by Provident Funding Associates L
Mortgage
Sold May 02, 2011
$290,000
Local assessors in Lexington, KY have categorized 456 Spencer Park as a residential type of property. The home was built in 2009 and is 15 years old. The property's lot size has been calculated to be 9,609 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 456 Spencer Park has a total of 3,507 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 525 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 456 Spencer Park sold most recently in Jan 1, 1970 for a total of $285,000. If you work out the math, that's approximately a cost of $81.27 per sqft. Before that, the property was also sold for $290,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,063 in taxes each year. 456 Spencer Park was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $328,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2009
  • Effective Year Built: 2009
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 18
  • 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: 525
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 9,609
  • Lot Size Frontage Feet: 881
  • Total Building Area: 3,507
  • Building Area: 3,507
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,507
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAHAN PROPERTY
  • Land Acres: 0.221
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: N-446 MAHAN PROPERTY UNIT 1-B SEC 1 LOT 131; BOOK: 3097 PAGE: 714

Ownership

  • Current Owner : DAI HAO XIN ZHANG
  • Current Owner 2: DAI HAO LEI
  • Previous Owner : DAI HAOXIN ZHANG
  • Previous Owner 2: DAI HAOXIN
  • Owner Before Previous Owner: HAOXIN ZHANG
  • Owner Before Previous Owner 2: ZHANG HAOXIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 004105

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: MB:62
  • Section: 1
  • Parcel: 38228390
  • Lot: 131
  • Latitude: 37.9677
  • Longitude: -84.5166

    Address

  • Full Address: 456 Spencer Park
  • Legal Unit: 1-B
  • Address - House Number: 456
  • Address - Street Name: Spencer
  • Address - Suffix Type: Park
  • State: KY
  • City Name: Lexington
  • Carrier Code: C014
  • 4-Digit Zip Code: 4826
  • Zip Code: 40515

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,063
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2083
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 521,030
  • High Value: 629,577
  • Low Value: 412,483

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $203,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Sep 04, 2012
  • First Open Lien Mortgage Loan Amount: $203,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $328,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,600

    Sales

  • Current Sale Recording Date: Sep 04, 2012
  • Current Sale Transaction ID: 1087070794
  • Current Sale Price: $285,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 02, 2011
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: Sep 04, 2012
  • First Mortgage Loan Amount: $203,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

About Lexington-Fayette



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Frequently Asked Questions

What neighborhood is 456 Spencer Park located in?
The 456 Spencer Park is a located in the neighborhood of Fayette in Lexington-Fayette, Lexington.
What is the average sales price for listings in 456 Spencer Park?
The average sales price for units in 456 Spencer Park is $0 currently.

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