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517 Forest Ridge Drive

517 Forest Ridge Drive, Frankfort, KY 40601
Property in Franklin
Sold Nov 21, 2012
$142,500
$114,000 by Usaa Fsb
Mortgage Due Dec 01, 2027
517 Forest Ridge Drive in Frankfort, KY was first built in 2007 and is 17 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. In total, the area measurement of the land is 10,104 square feet.

Learn more about the property and building on this page. 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 mixed used garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 excellent. 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 heat pump and being fueled with gas. 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, 517 Forest Ridge Drive sold most recently in Nov 15, 2012 for a total of $142,500. 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 $2,061 in taxes each year. 517 Forest Ridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $172,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Building Quality: C-
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Mixed use
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,104
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MAPLES 3
  • Land Acres: 0.232
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAPLES 3 LOT 73

Ownership

  • Current Owner : CLARKE CYNTHIA C
  • Previous Owner : EG PROPERTIES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin County School District
  • Census Tract: 070802

Geography

  • Account Number: 60691
  • District: 1
  • Parcel: 084-40-07-001.78
  • Lot: 73
  • Municipality: COUNTY
  • Latitude: 38.2224
  • Longitude: -84.8122

    Address

  • Full Address: 517 Forest Ridge Dr
  • Address - House Number: 517
  • Address - Street Name: Forest Ridge
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Frankfort
  • Carrier Code: R003
  • 4-Digit Zip Code: 2073
  • Zip Code: 40601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,061

    Appraisal Valuation

  • Standard Deviation: 0.2492
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 64
  • Final Value: 281,058
  • High Value: 351,098
  • Low Value: 211,017

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,000
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: Nov 21, 2012
  • First Open Lien Mortgage Loan Amount: $114,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2027

    Market Valuation

  • Market Total Value: $172,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $172,500

    Sales

  • Current Sale Contract Date: Nov 15, 2012
  • Current Sale Recording Date: Nov 21, 2012
  • Current Sale Transaction ID: 1181101556
  • Current Sale Price: $142,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 394202

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Nov 21, 2012
  • First Mortgage Loan Amount: $114,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2027

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 517 Forest Ridge Drive located in?
The 517 Forest Ridge Drive is a located in the neighborhood of Franklin in Franklin, Frankfort.
What is the average sales price for listings in 517 Forest Ridge Drive?
The average sales price for units in 517 Forest Ridge Drive is $0 currently.

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