5555 North Bend Road

Local assessors in Burlington, KY have categorized 5555 North Bend Road as a commercial type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 131,159 square feet. 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 5555 North Bend Road has a total of 18,322 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with other control joints. Residents rely on no air conditioning for their cooling 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. According to our sources, 5555 North Bend Road sold most recently in Dec 6, 2023 for a total of $1,975,000. If you work out the math, that's approximately a cost of $107.79 per sqft. 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 $13,575 in taxes each year. 5555 North Bend Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,250,000. If we break it down further, the land itself was valued at $400,000. Improvements to the property, however, were assessed at a total of $850,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.