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542 Freeman Drive

542 Freeman Drive, Lexington, KY 40505
Property in Joyland
Sold Nov 09, 2017
$106,700
$101,365 by University Of Ky Fed Cr Un
Mortgage
Sold Jan 01, 2017
$106,700
542 Freeman Drive has been categorized by the local assessors in Lexington, KY as a residential type of property. The building on the property was first built in 1958 and is 66 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 542 Freeman Drive has 1,372 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,498 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 542 Freeman Drive sold most recently in Jan 1, 1970 for a total of $106,700. If you work out the math, that's approximately a cost of $77.77 per sqft. Before that, the property was also sold for $106,700 in Jan 1, 2017. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,216 in taxes each year. 542 Freeman Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $179,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1958
  • Effective Year Built: 1958
  • Total Rooms: 5
  • 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: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,498
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,372
  • Building Area: 1,372
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,372
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THOROUGHBRED ACRES
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 85; BOOK: 3538 PAGE: 318

Ownership

  • Current Owner : EASTERLING JOHN C
  • Previous Owner : SHERROW AMY D
  • Owner Before Previous Owner: SHERROW AMY D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-1C

Geography

  • Assessors Map Reference: MB:11
  • Parcel: 21776500
  • Lot: 85
  • Latitude: 38.0812
  • Longitude: -84.4546

    Address

  • Full Address: 542 Freeman Dr
  • Address - House Number: 542
  • 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: $2,216
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2083
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 235,040
  • High Value: 284,006
  • Low Value: 186,074

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $101,365
  • First Open Lien Mortgage Lender: UNIVERSITY OF KY FED CR UN
  • First Open Lien Mortgage Recording Date: Nov 09, 2017
  • First Open Lien Mortgage Loan Amount: $101,365
  • 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: $179,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,200

    Sales

  • Current Sale Recording Date: Nov 09, 2017
  • Current Sale Transaction ID: 11336991578
  • Current Sale Price: $106,700
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jan 01, 2017
  • Previous Sale Contract Date: Jan 01, 2017
  • Previous Sale Amount: $106,700
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSITY OF KY FED CR UN
  • First Mortgage Transaction Date: Nov 09, 2017
  • First Mortgage Loan Amount: $101,365
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Joyland



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1838 Marietta Drive #3, Lexington, KY, 40505 Listing by Julie Dotson

Frequently Asked Questions

What neighborhood is 542 Freeman Drive located in?
The 542 Freeman Drive is a located in the neighborhood of Joyland in Joyland, Lexington.
What is the average sales price for listings in 542 Freeman Drive?
The average sales price for units in 542 Freeman Drive is $0 currently.

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