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1299 Versailles Road

1299 Versailles Road, Lexington, KY 40508
Property in Fayette
Local assessors in Lexington, KY have categorized 1299 Versailles Road as a commercial type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 22,216 square feet. 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.

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 parking lot for those who need a place to park their vehicle. There are 10 available parking spaces so it's a great situation for those with more than one car. Lots of concrete block were used in the construction of the exterior walls of the home. Residents rely on a window/unit air conditioning for their cooling system. The home's a 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, 1299 Versailles Road sold most recently in Jan 1, 1970 for a total of $110,000. If you work out the math, that's approximately a cost of $85.40 per sqft. 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 $3,329 in taxes each year. 1299 Versailles Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $269,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

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

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Parking lot
  • Parking Space Count: 10

    Dimensions

  • Lot Size Square Feet: 22,216
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,288
  • Gross Building Area: 1,288
  • Building Area: 1,288
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Yes
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: R J REYNOLDS TOBACCO CO
  • Land Acres: 0.51
  • Standard Land Use Code: Auto repair, auto parts, garage
  • Legal Description 1: A-690C R J REYNOLDS TOBACCO CO LOT 1; BOOK: 3155 PAGE: 202

Ownership

  • Current Owner : MARTHA ABRAHAM LEWIS
  • Previous Owner : ELIAS JOHN P
  • Previous Owner 2: ELIAS NADIA

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 001000

Zoning

  • Zoning: B-3

Geography

  • Assessors Map Reference: MB:24
  • Parcel: 26077100
  • Block: F
  • Lot: 1
  • Latitude: 38.0502
  • Longitude: -84.5213

    Address

  • Full Address: 1299 Versailles Rd
  • Address - House Number: 1299
  • Address - Street Name: Versailles
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Lexington
  • Carrier Code: C026
  • 4-Digit Zip Code: 3117
  • Zip Code: 40508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,329
  • Tax Rate Code Area: 01

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: CENTRAL BK & TR CO
  • First Open Lien Mortgage Recording Date: May 29, 2013
  • First Open Lien Mortgage Loan Amount: $220,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Lender: DAVIS, MICHAEL A
  • Second Open Lien Mortgage Recording Date: Jun 11, 2013
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $269,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,200

    Sales

  • Current Sale Recording Date: May 29, 2013
  • Current Sale Transaction ID: 1080638113
  • Current Sale Price: $110,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTRAL BK & TR CO
  • First Mortgage Transaction Date: May 29, 2013
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Lexington-Fayette



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Frequently Asked Questions

What neighborhood is 1299 Versailles Road located in?
The 1299 Versailles Road is a located in the neighborhood of Fayette in Lexington-Fayette, Lexington.
What is the average sales price for listings in 1299 Versailles Road?
The average sales price for units in 1299 Versailles Road is $0 currently.

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