550 Oak Drive

550 Oak Drive has been categorized by the local assessors in Lancaster, KY as a type of property. The building on the property was first built in 1998 and is 28 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The area measurement of the land has been determined as 232,175 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The building has a style roof made of . The exterior walls of the building are made of . The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing . There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $198,066 in taxes each year. 550 Oak Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $232,450. If we break it down further, the land itself was valued at $32,450. Improvements to the property, however, were assessed at a total of $200,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.