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506 Freeman Drive

506 Freeman Drive, Lexington, KY 40505
House in Joyland
506 Freeman Drive in Lexington, KY was first built in 1952 and is 74 years old. This has been categorized as a property type. There are a total of 150 floors. There are a total of 5 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 506 Freeman Drive has 1,804 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 13,421 square feet.

Learn more about the property and building on this page. For those who need parking, there is a . The garage is 432 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of . Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing and 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, 506 Freeman Drive sold most recently in Jan 1, 1970 for a total of $169,900. If you work out the math, that's approximately a cost of $94.18 per sqft. Before that, the property was also sold for $103,000 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 $253,503 in taxes each year. 506 Freeman Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $205,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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

Stone Exterior
Vinyl Siding

Parking

Garage Parking

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220812
08/12/2022
4 Bed
1 Bath
1804 ft²
$199,900
bedrooms
4 Bed
bathrooms
1 Bath
square feet
1804 ft²
-
-
Blake Liles
Keller Williams Bluegrass Realty


Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,421
  • Lot Size Frontage Feet: 661
  • Total Building Area: 1,804
  • Building Area: 1,804
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,804
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH PARKWAY ACRES
  • Land Acres: 0000000308
  • Standard Land Use Code: 1001
  • County Land Use Code: 510
  • Legal Description 1: E-154 NORTH PARKWAY ACRES UNIT 2 LOT 9; BOOK: 3880 PAGE: 298

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 003101

Zoning

  • Zoning: R-1C

Geography

  • Assessors Map Reference: MB:11
  • Parcel: 23026650
  • Lot: 9
  • Latitude: 38.0799
  • Longitude: -84.4534

    Address

  • Full Address: 506 Freeman Dr
  • Legal Unit: 2
  • Address - House Number: 506
  • Address - Street Name: Freeman
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Lexington
  • Carrier Code: C010
  • 4-Digit Zip Code: 1710
  • Zip Code: 40505

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $253,503
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1938
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 74
  • Final Value: 223,968
  • High Value: 267,384
  • Low Value: 180,551

    Market Valuation

  • Market Total Value: $205,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,000

    Sales

  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 23, 2011
  • Previous Sale Amount: $103,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Joyland



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Frequently Asked Questions

What neighborhood is 506 Freeman Drive located in?
The 506 Freeman Drive is a house located in the neighborhood of Joyland in Joyland, Lexington.
What is the average sales price for listings in 506 Freeman Drive?
The average sales price for units in 506 Freeman Drive is $0 currently.