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567 Banbury Drive

567 Banbury Drive, Madisonville, KY 42431
Property in Hopkins
Sold Nov 20, 2018
$285,000
$189,120 by Independence Bank Of Kentucky
Mortgage Due May 01, 2040
567 Banbury Drive has been categorized by the local assessors in Madisonville, KY as a residential type of property. The building on the property was first built in 1999 and is 25 years old. The building has a total of 2 stories. In addition, 567 Banbury Drive has 4,001 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 47,480 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 attached garage for those who require parking. The garage measured 875 sqft. According to our sources, there are a total of 3 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Nov 20, 2018 for $285,000. That's $71.23 per sqft. 567 Banbury Drive was last assessed in 2023. The total value of the property was assessed at $285,000. 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 $2,870. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Building Condition: Excellent
  • Construction Type: Concrete block
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 875
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 47,480
  • Total Building Area: 4,001
  • Building Area: 4,001
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,001
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 1.09
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: DB 634 P 327

Ownership

  • Current Owner : MITCHELL JOSHUA ADAM
  • Current Owner 2: MITCHELL AMBER CAROLE
  • Previous Owner : NANCE LARRY STEPHEN
  • Previous Owner 2: NANCE NAN SUE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hopkins County School District
  • Census Tract: 970302

Zoning

  • Zoning: RES

Geography

  • Account Number: 52371
  • District: 4
  • Parcel: M-18-1-8J-28-1
  • Municipality: MADISONVILLE
  • Latitude: 37.3719
  • Longitude: -87.5081

    Address

  • Full Address: 567 Banbury Dr
  • Address - House Number: 567
  • Address - Street Name: Banbury
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Madisonville
  • Carrier Code: R007
  • 4-Digit Zip Code: 8687
  • Zip Code: 42431

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,870

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 397,380
  • High Value: 578,112
  • Low Value: 216,647

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $249,120
  • First Open Lien Mortgage Lender: INDEPENDENCE BANK OF KENTUCKY
  • First Open Lien Mortgage Recording Date: Apr 14, 2020
  • First Open Lien Mortgage Loan Amount: $189,120
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2040
  • Second Open Lien Mortgage Lender: INDEPENDENCE BANK OF KENTUCKY
  • Second Open Lien Mortgage Recording Date: Nov 01, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 30, 2036

    Market Valuation

  • Market Total Value: $285,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $285,000

    Sales

  • Current Sale Contract Date: Nov 20, 2018
  • Current Sale Recording Date: Nov 20, 2018
  • Current Sale Transaction ID: 11538812508
  • Current Sale Price: $285,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018013365

    Last Sale Mortgage

  • First Mortgage Lender: INDEPENDENCE BANK
  • First Mortgage Transaction Date: Nov 20, 2018
  • First Mortgage Loan Amount: $195,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2038

About Madisonville



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Frequently Asked Questions

What neighborhood is 567 Banbury Drive located in?
The 567 Banbury Drive is a located in the neighborhood of Hopkins in Madisonville, Madisonville.
What is the average sales price for listings in 567 Banbury Drive?
The average sales price for units in 567 Banbury Drive is $0 currently.

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