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321 Colony Drive

321 Colony Drive, Versailles, KY 40383
Property in Woodford
Sold May 21, 2020
$162,500
$130,000 by Ark-la-tex Financial Services
Mortgage Due Jun 01, 2050
Sold May 21, 2020
$162,500
$130,000 by Ark-la-tex Financial Services
Mortgage Due Jun 01, 2050
Local assessors in Versailles, KY have categorized 321 Colony Drive as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 18,640 square feet. The linear feet between the front and back of the lot was measured at 2,330 ft and the front of the lot was measured at 800 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 321 Colony Drive has a total of 1,450 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. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 321 Colony Drive sold most recently in May 19, 2020 for a total of $162,500. If you work out the math, that's approximately a cost of $112.07 per sqft. Before that, the property was also sold for $162,500 in May 19, 2020. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,763 in taxes each year. 321 Colony Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $162,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1988
  • Effective Year Built: 1988
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Built-in
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,640
  • Lot Size Depth Feet: 2,330
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,450
  • Building Area: 1,450
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,450
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE COLONY
  • Land Acres: 0.43
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: 1 STORY

Ownership

  • Current Owner : MILLS LAUREN M
  • Current Owner 2: MILLS KEVIN S
  • Previous Owner : COMBS SANDRA PAYNE
  • Previous Owner 2: COMBS DAVID MICHAEL
  • Owner Before Previous Owner: COMBS SANDRA PANE
  • Owner Before Previous Owner 2: COMBS DAVID MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Woodford County School District
  • School Tax School District: COUNTY
  • Census Tract: 050105

Zoning

  • Zoning: R1B

Geography

  • Assessors Map Reference: B-143
  • Account Number: 32935
  • Parcel: 30-3007-053-00
  • Block: A U3
  • Lot: 4
  • Municipality: COUNTY
  • Latitude: 38.0416
  • Longitude: -84.736

    Address

  • Full Address: 321 Colony Dr
  • Address - House Number: 321
  • Address - Street Name: Colony
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Versailles
  • Carrier Code: R008
  • 4-Digit Zip Code: 9574
  • Zip Code: 40383

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,763

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 258,445
  • High Value: 322,735
  • Low Value: 194,156

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: May 21, 2020
  • First Open Lien Mortgage Loan Amount: $130,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $162,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,500

    Sales

  • Current Sale Contract Date: May 19, 2020
  • Current Sale Recording Date: May 21, 2020
  • Current Sale Transaction ID: 11763329328
  • Current Sale Price: $162,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 89611
  • Previous Sale Recording Date: May 21, 2020
  • Previous Sale Contract Date: May 19, 2020
  • Previous Sale Amount: $162,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: May 21, 2020
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: May 21, 2020
  • Previous Mortgage Loan Amount: $130,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2050

About Versailles



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Nearby Rentals

Unit for rent at 122 West Green Street, Versailles, KY, 40383

$1,695 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,896 ft²
122 West Green Street, Versailles, KY, 40383 Listing by Kristi Osborne

Frequently Asked Questions

What neighborhood is 321 Colony Drive located in?
The 321 Colony Drive is a located in the neighborhood of Woodford in Versailles, Versailles.
What is the average sales price for listings in 321 Colony Drive?
The average sales price for units in 321 Colony Drive is $0 currently.

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