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617 Centennial Lane

617 Centennial Lane, Lexington, KY 40502
Property in Fayette
Sold Jun 30, 2021
$599,700
$465,602 by Cowen, David Lindsay Md & San
Mortgage
Sold Aug 23, 2013
$550,000
$465,602 by Cowen, David Lindsay Md & San
Mortgage
617 Centennial Lane 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 1978 and is 46 years old. Residents will have access to 3 full bathrooms. There are 4 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, 617 Centennial Lane has 3,139 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 957 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 14,405 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 504 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. 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 electricity. 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, 617 Centennial Lane sold most recently in Jan 1, 1970 for a total of $599,700. If you work out the math, that's approximately a cost of $191.05 per sqft. Before that, the property was also sold for $550,000 in Jan 1, 1970. 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 $8,162 in taxes each year. 617 Centennial Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $660,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 957
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,405
  • Lot Size Frontage Feet: 1,045
  • Total Building Area: 3,139
  • Building Area: 3,139
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,139
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANSDOWNE SHADELAND EAST
  • Land Acres: 0.331
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: B-362 LANSDOWNE SHADELAND EAST UNIT 1-F LOT 22; BOOK: 3855 PAGE: 71

Ownership

  • Current Owner : COWEN GREG L
  • Current Owner 2: COWEN GREG LINDSAY
  • Previous Owner : COWEN GREG LINDSAY
  • Previous Owner 2: COWEN SELENA L
  • Owner Before Previous Owner: COWEN DAVID L
  • Owner Before Previous Owner 2: COWEN SANDRA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 002304

Zoning

  • Zoning: R-1B

Geography

  • Assessors Map Reference: MB:41
  • Parcel: 13739150
  • Block: L
  • Lot: 22
  • Latitude: 38.0122
  • Longitude: -84.4891

    Address

  • Full Address: 617 Centennial Ln
  • Legal Unit: 1-F
  • Address - House Number: 617
  • Address - Street Name: Centennial
  • Address - Suffix Type: Ln
  • State: KY
  • City Name: Lexington
  • Carrier Code: C041
  • 4-Digit Zip Code: 2716
  • Zip Code: 40502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,162
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 74
  • Final Value: 823,558
  • High Value: 984,155
  • Low Value: 662,960

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $545,602
  • First Open Lien Mortgage Lender: COWEN, DAVID LINDSAY MD & SAN
  • First Open Lien Mortgage Recording Date: Aug 23, 2013
  • First Open Lien Mortgage Loan Amount: $465,602
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: WELLS FARGO BK NA
  • Second Open Lien Mortgage Recording Date: Mar 08, 2019
  • Second Open Lien Mortgage Loan Amount: $80,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $660,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $660,000

    Sales

  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Transaction ID: 11841228991
  • Current Sale Price: $599,700
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 23, 2013
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: COWEN, DAVID LINDSAY MD & SAN
  • Previous Mortgage Transaction Date: Aug 23, 2013
  • Previous Mortgage Loan Amount: $465,602
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Lexington-Fayette



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Frequently Asked Questions

What neighborhood is 617 Centennial Lane located in?
The 617 Centennial Lane is a located in the neighborhood of Fayette in Lexington-Fayette, Lexington.
What is the average sales price for listings in 617 Centennial Lane?
The average sales price for units in 617 Centennial Lane is $0 currently.

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