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460 Cromwell Way

460 Cromwell Way, Lexington, KY 40503
House in Fayette
Sold Aug 22, 2019
$255,000
$205,000 by Provident Funding Assoc Lp
Mortgage
Sold Jan 21, 2016
$192,500
$189,012 by Mb Fin Bk Na
Mortgage
460 Cromwell Way has been categorized by the local assessors in Lexington, KY as a residential type of property. The building on the property was first built in 1977 and is 47 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. In addition, 460 Cromwell Way has 1,559 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,030 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 10,441 square feet.

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 are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. 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. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 460 Cromwell Way sold most recently in Jan 1, 1970 for a total of $255,000. If you work out the math, that's approximately a cost of $163.57 per sqft. Before that, the property was also sold for $192,500 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,776 in taxes each year. 460 Cromwell Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $255,000. 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.

Building Features

Exterior

Brick Venner Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,030
  • Garage Type: Underground/basement
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,441
  • Lot Size Frontage Feet: 718
  • Total Building Area: 1,559
  • Building Area: 1,559
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,559
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROBINWOOD ESTATES
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: B-259 ROBINWOOD ESTATES UNIT 7A LOT 9; BOOK: 3693 PAGE: 30

Ownership

  • Current Owner : COLLINS DAVID EDWARD
  • Current Owner 2: COLLINS SHANNON KAY
  • Previous Owner : BISHOP JENNY
  • Previous Owner 2: BISHOP SHANE
  • Owner Before Previous Owner: FAWCETT JOHN C
  • Owner Before Previous Owner 2: FAWCETT LUCINDA P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 004204

Zoning

  • Zoning: R-1C

Geography

  • Assessors Map Reference: MB:55
  • Parcel: 23001367
  • Block: E
  • Lot: 9
  • Latitude: 37.984
  • Longitude: -84.5464

    Address

  • Full Address: 460 Cromwell Way
  • Legal Unit: 7A
  • Address - House Number: 460
  • Address - Street Name: Cromwell
  • Address - Suffix Type: Way
  • State: KY
  • City Name: Lexington
  • Carrier Code: C021
  • 4-Digit Zip Code: 4302
  • Zip Code: 40503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,776
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 74
  • Final Value: 353,539
  • High Value: 421,958
  • Low Value: 285,121

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $235,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOC LP
  • First Open Lien Mortgage Recording Date: Aug 22, 2019
  • First Open Lien Mortgage Loan Amount: $205,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: MEMBERS HERITAGE CR UN
  • Second Open Lien Mortgage Recording Date: Jan 24, 2020
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $255,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,000

    Sales

  • Current Sale Recording Date: Aug 22, 2019
  • Current Sale Transaction ID: 11636375615
  • Current Sale Price: $255,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jan 21, 2016
  • Previous Sale Amount: $192,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOC LP
  • First Mortgage Transaction Date: Aug 22, 2019
  • First Mortgage Loan Amount: $205,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: MB FIN BK NA
  • Previous Mortgage Transaction Date: Jan 21, 2016
  • Previous Mortgage Loan Amount: $189,012
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Lexington-Fayette



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 460 Cromwell Way located in?
The 460 Cromwell Way is a house located in the neighborhood of Fayette in Lexington-Fayette, Lexington.
What is the average sales price for listings in 460 Cromwell Way?
The average sales price for units in 460 Cromwell Way is $259,900 , or $112/sqft. currently.

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