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5004 Summer Place Court

5004 Summer Place Court, Lexington, KY 40515
Property in Fayette
Sold Aug 27, 2019
$320,000
$256,000 by Bank Of England
Mortgage
Sold Apr 15, 2013
$275,000
Local assessors in Lexington, KY have categorized 5004 Summer Place Court as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 13,830 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 3 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 5004 Summer Place Court has a total of 2,797 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 550 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 open porch so you'll have a great option in the front of the home. In addition, there is a spa or hot tub but no pool on the property. Perfect for those who want to host pool parties over the summer. Lots of alum/vinyl siding 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 gas. 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, 5004 Summer Place Court sold most recently in Jan 1, 1970 for a total of $320,000. If you work out the math, that's approximately a cost of $114.41 per sqft. Before that, the property was also sold for $275,000 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 $4,373 in taxes each year. 5004 Summer Place Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $353,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1997
  • Effective Year Built: 1997
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 13,830
  • Lot Size Frontage Feet: 388
  • Total Building Area: 2,797
  • Building Area: 2,797
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,797
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FEDERAL PLACE
  • Land Acres: 0.317
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: K-063 FEDERAL PLACE LOT 14; BOOK: 3694 PAGE: 165

Ownership

  • Current Owner : HALL JAMES MATTHEW
  • Current Owner 2: HALL AMY CATHERINE
  • Previous Owner : CARPENTER BETH
  • Previous Owner 2: CARPENTER CHAD
  • Owner Before Previous Owner: OLIVER LINDA M TR
  • Owner Before Previous Owner 2: OLIVER PAUL A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 004107

Zoning

  • Zoning: R-1C

Geography

  • Assessors Map Reference: MB:66
  • Parcel: 19962770
  • Lot: 14
  • Latitude: 37.9464
  • Longitude: -84.4859

    Address

  • Full Address: 5004 Summer Place Ct
  • Address - House Number: 5004
  • Address - Street Name: Summer Place
  • Address - Suffix Type: Ct
  • State: KY
  • City Name: Lexington
  • Carrier Code: C047
  • 4-Digit Zip Code: 6254
  • Zip Code: 40515

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,373
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1906
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 74
  • Final Value: 488,414
  • High Value: 581,509
  • Low Value: 395,319

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,000
  • First Open Lien Mortgage Lender: BANK OF ENGLAND
  • First Open Lien Mortgage Recording Date: Aug 27, 2019
  • First Open Lien Mortgage Loan Amount: $256,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $353,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $353,600

    Sales

  • Current Sale Recording Date: Aug 27, 2019
  • Current Sale Transaction ID: 11637679805
  • Current Sale Price: $320,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 15, 2013
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF ENGLAND
  • First Mortgage Transaction Date: Aug 27, 2019
  • First Mortgage Loan Amount: $256,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Lexington-Fayette



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Frequently Asked Questions

What neighborhood is 5004 Summer Place Court located in?
The 5004 Summer Place Court is a located in the neighborhood of Fayette in Lexington-Fayette, Lexington.
What is the average sales price for listings in 5004 Summer Place Court?
The average sales price for units in 5004 Summer Place Court is $0 currently.

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