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50 Shannon Lane

50 Shannon Lane, Frankfort, KY 40601
House in Franklin
Refi May 17, 2021
Transfer
$143,300 by Quicken Loans Llc
Mortgage Due May 01, 2041
This has been categorized as a residential property type. It is a single story home. In total, the area measurement of the land is 21,780 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. There is one available parking space. 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 a combination of material. 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. Current property owners are expected to pay $1,852 in taxes per year. The property on 50 Shannon Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $155,000. 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 Venner Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Attached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 21,780
  • 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
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: APPROX 0.5 ACRE

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin County School District
  • Census Tract: 071102

Geography

  • Account Number: 72386
  • District: 1
  • Parcel: 048-20-03-003.00
  • Latitude: 38.2004
  • Longitude: -84.913

    Address

  • Full Address: 50 Shannon Ln
  • Address - House Number: 50
  • Address - Street Name: Shannon
  • Address - Suffix Type: Ln
  • State: KY
  • City Name: Frankfort
  • Carrier Code: R010
  • 4-Digit Zip Code: 9694
  • Zip Code: 40601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,852

    Appraisal Valuation

  • Standard Deviation: 0.2467
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 65
  • Final Value: 245,377
  • High Value: 305,919
  • Low Value: 184,836

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $173,300
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: May 17, 2021
  • First Open Lien Mortgage Loan Amount: $143,300
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2041
  • Second Open Lien Mortgage Lender: EXPREE CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Mar 23, 2023
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 30, 2043

    Market Valuation

  • Market Total Value: $155,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,000

About Franklin



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$1,795 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,849 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 50 Shannon Lane located in?
The 50 Shannon Lane is a house located in the neighborhood of Franklin in Franklin, Frankfort.
What is the average sales price for listings in 50 Shannon Lane?
The average sales price for units in 50 Shannon Lane is $154,900 , or $99/sqft. currently.

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