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5005 Marchmont Way

5005 Marchmont Way, Lexington, KY 40515
Property in Hartland
Sold Dec 09, 2019
$375,000
$169,750 by Toyota Fin Consumer Solutions
Mortgage
Sold Jun 21, 2012
$307,687
$332,000 by Central Bank & Trust Co
Mortgage
Local assessors in Lexington, KY have categorized 5005 Marchmont Way as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 20,343 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 5005 Marchmont Way has a total of 3,567 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,648 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 624 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Lots of brick 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. The property was last sold in Jan 1, 1970 for $375,000. That's $105.13 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $307,687. 5005 Marchmont Way was last assessed in 2023. The total value of the property was assessed at $375,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,637. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,648
  • Garage Type: Attached
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,343
  • Lot Size Frontage Feet: 789
  • Total Building Area: 3,567
  • Building Area: 3,567
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,567
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARTLAND
  • Land Acres: 0.467
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: F-032 HARTLAND UNIT 2B SEC 2 LOT 12; BOOK: 3718 PAGE: 611

Ownership

  • Current Owner : KHALAF WALEED R
  • Current Owner 2: KHALAF STEPHANIE S
  • Previous Owner : KHALAF WALEED R
  • Previous Owner 2: JUSTUS STEPHANIE S
  • Owner Before Previous Owner: HABASH GABI
  • Owner Before Previous Owner 2: HABASH LANA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 004006

Zoning

  • Zoning: R-1C

Geography

  • Assessors Map Reference: MB:66
  • Section: 2
  • Parcel: 10024170
  • Block: F
  • Lot: 12
  • Latitude: 37.9492
  • Longitude: -84.4801

    Address

  • Full Address: 5005 Marchmont Way
  • Legal Unit: 2B
  • Address - House Number: 5005
  • Address - Street Name: Marchmont
  • Address - Suffix Type: Way
  • State: KY
  • City Name: Lexington
  • Carrier Code: C030
  • 4-Digit Zip Code: 1137
  • Zip Code: 40515

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,637
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1906
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 74
  • Final Value: 613,241
  • High Value: 730,129
  • Low Value: 496,354

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $337,624
  • First Open Lien Mortgage Lender: TOYOTA FIN CONSUMER SOLUTIONS
  • First Open Lien Mortgage Recording Date: Dec 09, 2019
  • First Open Lien Mortgage Loan Amount: $169,750
  • 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: DISCOVER BK
  • Second Open Lien Mortgage Recording Date: Mar 16, 2021
  • Second Open Lien Mortgage Loan Amount: $167,874
  • 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: $375,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,000

    Sales

  • Current Sale Recording Date: Dec 09, 2019
  • Current Sale Transaction ID: 11708573754
  • Current Sale Price: $375,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 21, 2012
  • Previous Sale Amount: $307,687
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOYOTA FIN CONSUMER SOLUTIONS
  • First Mortgage Transaction Date: Dec 09, 2019
  • First Mortgage Loan Amount: $169,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: CENTRAL BANK & TRUST CO
  • Previous Mortgage Transaction Date: Jun 21, 2012
  • Previous Mortgage Loan Amount: $332,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Hartland



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Frequently Asked Questions

What neighborhood is 5005 Marchmont Way located in?
The 5005 Marchmont Way is a located in the neighborhood of Hartland in Hartland, Lexington.
What is the average sales price for listings in 5005 Marchmont Way?
The average sales price for units in 5005 Marchmont Way is $0 currently.

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