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815 Ridgeway Road

815 Ridgeway Road, Stanford, KY 40484
Property in Lincoln
Sold Sep 06, 2022
$205,000
$194,750 by Ark-la-tex Financial Services
Mortgage Due Sep 01, 2052
Sold Oct 08, 2009
$97,000
$97,000 by Branch Banking And Trust Co
Mortgage Due Oct 01, 2039
Local assessors in Stanford, KY have categorized 815 Ridgeway Road as a residential type of property. The property's lot size has been calculated to be 22,190 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 815 Ridgeway Road has a total of 1,647 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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. The home's a gas heating system is the primary heating source and it is being fueled with gas. 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, 815 Ridgeway Road sold most recently in Aug 31, 2022 for a total of $205,000. If you work out the math, that's approximately a cost of $124.47 per sqft. Before that, the property was also sold for $97,000 in Sep 3, 2009. 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 $2,126 in taxes each year. 815 Ridgeway Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $205,000. If we break it down further, the land itself was valued at $76,000. Improvements to the property, however, were assessed at a total of $129,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

Building Features

Exterior

Brick Venner Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,647
  • Garage Type: Attached
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 22,190
  • Total Building Area: 1,647
  • Building Area: 1,647
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 1,647
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RIDGEWAY
  • Land Acres: 0.509
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H & LOT 7

Ownership

  • Current Owner : EL ALAMI OMAR D
  • Previous Owner : GANDER JULIAN L
  • Previous Owner 2: GANDER DANA
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lincoln County School District
  • Census Tract: 920103

Zoning

  • Zoning: RESIDENTIA

Geography

  • Assessors Map Reference: MB 00A-006
  • Parcel: 051-12-41-005.00
  • Lot: 7
  • Municipality: COUNTY
  • Latitude: 37.5547
  • Longitude: -84.6365

    Address

  • Full Address: 815 Ridgeway Rd
  • Address - House Number: 815
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Stanford
  • Carrier Code: R005
  • 4-Digit Zip Code: 8319
  • Zip Code: 40484

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,126

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 365,042
  • High Value: 531,066
  • Low Value: 199,017

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,750
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Sep 06, 2022
  • First Open Lien Mortgage Loan Amount: $194,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $205,000
  • Market Land Value: $76,000
  • Market Improvement Value: $129,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,000
  • Assessed Land Value: $76,000
  • Assessed Improvements Value: $129,000

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Sep 06, 2022
  • Current Sale Transaction ID: 11895648366
  • Current Sale Price: $205,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Oct 08, 2009
  • Previous Sale Contract Date: Sep 03, 2009
  • Previous Sale Amount: $97,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: Sep 06, 2022
  • First Mortgage Loan Amount: $194,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Oct 08, 2009
  • Previous Mortgage Loan Amount: $97,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2039

About Lincoln



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Frequently Asked Questions

What neighborhood is 815 Ridgeway Road located in?
The 815 Ridgeway Road is a located in the neighborhood of Lincoln in Lincoln, Stanford.
What is the average sales price for listings in 815 Ridgeway Road?
The average sales price for units in 815 Ridgeway Road is $0 currently.

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