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105 Summit Drive

105 Summit Drive, Georgetown, KY 40324
Property in Scott
Sold Jul 11, 2012
$144,000
$64,000 by Fifth Third Mortgage Co
Mortgage Due Aug 01, 2042
Sold May 19, 2005
$152,397
$91,000 by American Mortgage Service Co
Mortgage Due Jun 01, 2035
105 Summit Drive has been categorized by the local assessors in Georgetown, KY as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 105 Summit Drive has 1,406 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,405 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 105 Summit Drive sold most recently in Jul 6, 2012 for a total of $144,000. If you work out the math, that's approximately a cost of $102.42 per sqft. Before that, the property was also sold for $152,397 in May 12, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,958 in taxes each year. 105 Summit Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $215,900. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $170,900. 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: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,406
  • Building Area: 1,406
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,406
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUTTON PLACE
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: SUTTON PLACE

Ownership

  • Current Owner : RATCLIFF KELLY
  • Previous Owner : ULMER EUGENE E
  • Previous Owner 2: ULMER NORMA J
  • Owner Before Previous Owner: HARMONY HOME BUILDERS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Scott County School District
  • Census Tract: 040205

Geography

  • District: 02
  • Subdivision Phase Number: 1
  • Parcel: 192-20-060.000
  • Lot: A44
  • Municipality: GEORGETOWN
  • Latitude: 38.1908
  • Longitude: -84.5296

    Address

  • Full Address: 105 Summit Dr
  • Address - House Number: 105
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Georgetown
  • Carrier Code: R004
  • 4-Digit Zip Code: 8791
  • Zip Code: 40324

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,958

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 270,229
  • High Value: 325,576
  • Low Value: 214,883

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $64,000
  • First Open Lien Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jul 11, 2012
  • First Open Lien Mortgage Loan Amount: $64,000
  • 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: Aug 01, 2042

    Market Valuation

  • Market Total Value: $215,900
  • Market Land Value: $45,000
  • Market Improvement Value: $170,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,900
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $170,900

    Sales

  • Current Sale Contract Date: Jul 06, 2012
  • Current Sale Recording Date: Jul 11, 2012
  • Current Sale Transaction ID: 1097748437
  • Current Sale Price: $144,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 226417
  • Previous Sale Recording Date: May 19, 2005
  • Previous Sale Contract Date: May 12, 2005
  • Previous Sale Amount: $152,397
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Mortgage Transaction Date: Jul 11, 2012
  • First Mortgage Loan Amount: $64,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN MORTGAGE SERVICE CO
  • Previous Mortgage Transaction Date: May 19, 2005
  • Previous Mortgage Loan Amount: $91,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2035

About Georgetown



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Frequently Asked Questions

What neighborhood is 105 Summit Drive located in?
The 105 Summit Drive is a located in the neighborhood of Scott in Georgetown, Georgetown.
What is the average sales price for listings in 105 Summit Drive?
The average sales price for units in 105 Summit Drive is $0 currently.

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