Check Availability

85 Richard Lane

85 Richard Lane, Murray, KY 42071
Property in Calloway
Sold Oct 05, 2015
$750,000
$400,000 by Crescent Mortgage Co
Mortgage Due Nov 01, 2045
Local assessors in Murray, KY have categorized 85 Richard Lane as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 35,443 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 3 full bathrooms. There are also 4 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 85 Richard Lane has a total of 2,416 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 2,880 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 720 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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 masonry control joints. The building has a gable or hip style roof that was made of composition shingle. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a gas heating system is the primary heating source and it is being fueled with gas. 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, 85 Richard Lane was last sold in Oct 2, 2015 for $750,000. According to our calculations, that's $310.43 per sqft. Current property owners are expected to pay $6,342 in taxes per year. The property on 85 Richard Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $750,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 2,880
  • Garage Type: Attached
  • Garage Square Area: 720
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 35,443
  • Total Building Area: 2,416
  • Building Area: 2,416
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 2,416
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: C9
  • Land Acres: 0.813
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 85 RICHARD LANE

Ownership

  • Current Owner : LOCKHART LARRY F
  • Current Owner 2: LOCKHART MYRA M
  • Previous Owner : PURDOM BETTY JO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Calloway County School District
  • School Tax School District: 10
  • Census Tract: 010100

Geography

  • Account Number: 89604
  • Parcel: 101-A-0001
  • Latitude: 36.6426
  • Longitude: -88.0866

    Address

  • Full Address: 85 Richard Ln
  • Address - House Number: 85
  • Address - Street Name: Richard
  • Address - Suffix Type: Ln
  • State: KY
  • City Name: Murray
  • Carrier Code: R006
  • 4-Digit Zip Code: 4969
  • Zip Code: 42071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,342

    Appraisal Valuation

  • Standard Deviation: 0.4173
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 16
  • Final Value: 760,931
  • High Value: 1,078,517
  • Low Value: 443,344

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: CRESCENT MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Oct 05, 2015
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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: Nov 01, 2045

    Market Valuation

  • Market Total Value: $750,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $750,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 02, 2015
  • Current Sale Recording Date: Oct 05, 2015
  • Current Sale Transaction ID: 1351577343
  • Current Sale Price: $750,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 579256

    Last Sale Mortgage

  • First Mortgage Lender: CRESCENT MORTGAGE CO
  • First Mortgage Transaction Date: Oct 05, 2015
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2045

About Calloway



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 85 Richard Lane located in?
The 85 Richard Lane is a located in the neighborhood of Calloway in Calloway, Murray.
What is the average sales price for listings in 85 Richard Lane?
The average sales price for units in 85 Richard Lane is $0 currently.

Quantcast