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529 Severn Way

529 Severn Way, Lexington, KY 40503
Property in Open Gates
Sold Aug 09, 2019
$246,000
$196,800 by Home Point Fin Corp
Mortgage
Sold Apr 26, 2013
$156,000
Local assessors in Lexington, KY have categorized 529 Severn Way as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 13,112 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, 3 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 529 Severn Way has a total of 2,011 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 400 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. 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 electricity. 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 $246,000. That's $122.33 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $156,000. 529 Severn Way was last assessed in 2023. The total value of the property was assessed at $269,600. 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 $3,334. 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! 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: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,112
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 2,011
  • Building Area: 2,011
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,011
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OPEN GATE ESTATES
  • Land Acres: 0.301
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: A-358 OPEN GATE ESTATES UNIT 2-C LOT 33; BOOK: 3689 PAGE: 452

Ownership

  • Current Owner : PRICE RYAN J
  • Previous Owner : PRICE STEPHEN C
  • Previous Owner 2: PRICE ROSANNE M
  • Owner Before Previous Owner: PRICE STEPHEN C TR
  • Owner Before Previous Owner 2: JAMES C PRICE REVOCABLE LIV TR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 002800

Zoning

  • Zoning: R-1C

Geography

  • Assessors Map Reference: MB:54
  • Parcel: 14491200
  • Block: F
  • Lot: 33
  • Latitude: 38.0069
  • Longitude: -84.5317

    Address

  • Full Address: 529 Severn Way
  • Legal Unit: 2-C
  • Address - House Number: 529
  • Address - Street Name: Severn
  • Address - Suffix Type: Way
  • State: KY
  • City Name: Lexington
  • Carrier Code: C023
  • 4-Digit Zip Code: 2853
  • Zip Code: 40503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,334
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2083
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 386,623
  • High Value: 467,169
  • Low Value: 306,077

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,800
  • First Open Lien Mortgage Lender: HOME POINT FIN CORP
  • First Open Lien Mortgage Recording Date: Aug 09, 2019
  • First Open Lien Mortgage Loan Amount: $196,800
  • 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: $269,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,600

    Sales

  • Current Sale Recording Date: Aug 09, 2019
  • Current Sale Transaction ID: 11633700968
  • Current Sale Price: $246,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 26, 2013
  • Previous Sale Amount: $156,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FIN CORP
  • First Mortgage Transaction Date: Aug 09, 2019
  • First Mortgage Loan Amount: $196,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Open Gates



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Frequently Asked Questions

What neighborhood is 529 Severn Way located in?
The 529 Severn Way is a located in the neighborhood of Open Gates in Open Gates, Lexington.
What is the average sales price for listings in 529 Severn Way?
The average sales price for units in 529 Severn Way is $0 currently.

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