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500 Otter Lake Loop

500 Otter Lake Loop, Hanson, KY 42413
House in Hopkins
Local assessors in Hanson, KY have categorized 500 Otter Lake Loop as a type of property. The home was built in 2007 and is 19 years old. The property's lot size has been calculated to be 135,036 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a . This is a 100 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 500 Otter Lake Loop has a total of 1,456 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. The home sources its water from system. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is . 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 control joints. The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. Residents rely on for their cooling system. The home's is the primary heating source and it is being fueled with . 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, 500 Otter Lake Loop sold most recently in Nov 7, 2022 for a total of $350,000. If you work out the math, that's approximately a cost of $240.38 per sqft. Before that, the property was also sold for $230,000 in Sep 30, 2013. 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 $356,950 in taxes each year. 500 Otter Lake Loop was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $350,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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 Exterior
Vinyl Siding

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20221011
10/11/2022
4 Bed
3 Bath
2300 ft²
$329,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2300 ft²
$350,000 +6.38%
11/10/2022
Lavena Cavanaugh
Keller Williams Elite Realty


Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 4
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 135,036
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: G SCOTT READER #2
  • Land Acres: 0000003100
  • Standard Land Use Code: 1999

Neighborhood

  • School District Name: Hopkins County School District
  • Census Tract: 970200

Zoning

  • Zoning: RES

Geography

  • Assessors Map Reference: MB002 PG346
  • Account Number: 59561
  • District: 1
  • Parcel: MAP-76-30G
  • Lot: 5
  • Municipality: COUNTY
  • Latitude: 37.4053
  • Longitude: -87.5145

    Address

  • Full Address: 500 Otter Lake Loop
  • Address - House Number: 500
  • Address - Street Name: Otter Lake
  • Address - Suffix Type: Loop
  • State: KY
  • City Name: Hanson
  • Carrier Code: R013
  • 4-Digit Zip Code: 9327
  • Zip Code: 42413

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $356,950

    Appraisal Valuation

  • Standard Deviation: 0.2548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 335,683
  • High Value: 421,227
  • Low Value: 250,139

    Market Valuation

  • Market Total Value: $350,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $350,000

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Nov 10, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 12510
  • Previous Sale Recording Date: Oct 02, 2013
  • Previous Sale Contract Date: Sep 30, 2013
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Hopkins



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Frequently Asked Questions

What neighborhood is 500 Otter Lake Loop located in?
The 500 Otter Lake Loop is a house located in the neighborhood of Hopkins in Hopkins, Hanson.
What is the average sales price for listings in 500 Otter Lake Loop?
The average sales price for units in 500 Otter Lake Loop is $329,000 , or $143/sqft. currently.