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701 Malabu Drive

701 Malabu Drive, Lexington, KY 40502
Property in Lansdowne
Sold Aug 18, 2016
$278,500
$222,500 by First Rate Mtg Corp
Mortgage
Sold Jul 08, 2008
$230,000
$184,000 by Republic Bank & Trust Co
Mortgage Due Jul 01, 2038
701 Malabu Drive in Lexington, KY was first built in 1963 and is 61 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 701 Malabu Drive has 2,037 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 17,468 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. For those who need parking, there is a attached garage. The garage is 594 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 701 Malabu Drive was last sold in Jan 1, 1970 for $278,500. According to our calculations, that's $136.72 per sqft. Prior to that sales transaction, the property was sold for $230,000 in Jun 27, 2008. Current property owners are expected to pay $3,573 in taxes per year. The property on 701 Malabu Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $328,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 6
  • Bedroom Count: 4
  • 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: Attached
  • Garage Square Area: 594
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,468
  • Lot Size Frontage Feet: 1,215
  • Total Building Area: 2,037
  • Building Area: 2,037
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,037
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANSDOWNE
  • Land Acres: 0.401
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: A-182 LANSDOWNE UNIT 12 LOT 1; BOOK: 3423 PAGE: 244

Ownership

  • Current Owner : BURDINE DAVID
  • Current Owner 2: BURDINE MARY
  • Previous Owner : RUSSELL HEATHER
  • Previous Owner 2: SIMMONS BEN
  • Owner Before Previous Owner: SMITH MITCHELL E
  • Owner Before Previous Owner 2: SMITH SANDRA T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 002700

Zoning

  • Zoning: R-1B

Geography

  • Assessors Map Reference: MB:48
  • Parcel: 51624200
  • Block: A
  • Lot: 1
  • Latitude: 37.9953
  • Longitude: -84.5083

    Address

  • Full Address: 701 Malabu Dr
  • Legal Unit: 12
  • Address - House Number: 701
  • Address - Street Name: Malabu
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Lexington
  • Carrier Code: C083
  • 4-Digit Zip Code: 3338
  • Zip Code: 40502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,573
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 74
  • Final Value: 451,721
  • High Value: 539,809
  • Low Value: 363,633

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $222,500
  • First Open Lien Mortgage Lender: FIRST RATE MTG CORP
  • First Open Lien Mortgage Recording Date: Aug 18, 2016
  • First Open Lien Mortgage Loan Amount: $222,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $328,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,200

    Sales

  • Current Sale Recording Date: Aug 18, 2016
  • Current Sale Transaction ID: 1709510880
  • Current Sale Price: $278,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 08, 2008
  • Previous Sale Contract Date: Jun 27, 2008
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST RATE MTG CORP
  • First Mortgage Transaction Date: Aug 18, 2016
  • First Mortgage Loan Amount: $222,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

    Previous Mortgages

  • Previous Mortgage Lender: REPUBLIC BANK & TRUST CO
  • Previous Mortgage Transaction Date: Jul 08, 2008
  • Previous Mortgage Loan Amount: $184,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2038

About Lansdowne



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Frequently Asked Questions

What neighborhood is 701 Malabu Drive located in?
The 701 Malabu Drive is a located in the neighborhood of Lansdowne in Lansdowne, Lexington.
What is the average sales price for listings in 701 Malabu Drive?
The average sales price for units in 701 Malabu Drive is $0 currently.

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