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490 Hall Simpson Road

490 Hall Simpson Road, Loretto, KY 40037
Property in Nelson
Sold Jul 08, 2019
$150,000
$162,000 by Springfield State Bank
Mortgage Due Jul 03, 2034
Local assessors in Loretto, KY have categorized 490 Hall Simpson Road as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 220,849 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 4 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 is one full bathroom. 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 490 Hall Simpson Road has a total of 1,046 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 finished improved basement that is 1,046 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. The home sources its water from a water system. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 1,728 sqft. There are 6 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. 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. Residents rely on central air conditioning for their cooling system. The home's electric heaters is the primary heating source and it is being fueled with electricity. The property was last sold in Jul 3, 2019 for $150,000. That's $143.40 per sqft. 490 Hall Simpson Road was last assessed in 2022. The total value of the property was assessed at $225,000. While improvements on the property were assessed at a total of $225,000. 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 $2,482. 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. 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: 1987
  • Effective Year Built: 1987
  • Building Count: 2
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,046
  • Parking Type: Unimproved
  • Garage Type: Garage
  • Garage Square Area: 1,728
  • Parking Space Count: 6
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 220,849
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,046
  • Building Area: 1,046
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 1,046
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 5.07
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 490 HALL SIMPSON ROAD

Ownership

  • Current Owner : RIGGS ALLAN PATRICK
  • Current Owner 2: RIGGS JOAN ELAINE
  • Previous Owner : RIGGS WALLACE ADRIAN
  • Previous Owner 2: RIGGS ANNA GERALDINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Nelson County School District
  • Census Tract: 930500

Geography

  • Account Number: 86089
  • District: 13
  • Parcel: 58000-00-006
  • Municipality: CNTY DIST - NEW HOPE FIRE DIST
  • Latitude: 37.7003
  • Longitude: -85.4494

    Address

  • Full Address: 490 Hall Simpson Rd
  • Address - House Number: 490
  • Address - Street Name: Hall Simpson
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Loretto
  • Carrier Code: R008
  • 4-Digit Zip Code: 8973
  • Zip Code: 40037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,482
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.2484
  • Valuation Date: May 10, 2023
  • Confidence Score: 65
  • Final Value: 245,278
  • High Value: 306,207
  • Low Value: 184,350

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $162,000
  • First Open Lien Mortgage Lender: SPRINGFIELD STATE BANK
  • First Open Lien Mortgage Recording Date: Jul 08, 2019
  • First Open Lien Mortgage Loan Amount: $162,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 03, 2034

    Market Valuation

  • Market Total Value: $225,000
  • Market Improvement Value: $225,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $225,000
  • Assessed Improvements Value: $225,000

    Sales

  • Current Sale Contract Date: Jul 03, 2019
  • Current Sale Recording Date: Jul 08, 2019
  • Current Sale Transaction ID: 11627476955
  • Current Sale Price: $150,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019008197

    Last Sale Mortgage

  • First Mortgage Lender: SPRINGFIELD STATE BANK
  • First Mortgage Transaction Date: Jul 08, 2019
  • First Mortgage Loan Amount: $162,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 03, 2034

About Nelson



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Frequently Asked Questions

What neighborhood is 490 Hall Simpson Road located in?
The 490 Hall Simpson Road is a located in the neighborhood of Nelson in Nelson, Loretto.
What is the average sales price for listings in 490 Hall Simpson Road?
The average sales price for units in 490 Hall Simpson Road is $0 currently.

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