Check Availability

255 Rand Avenue

255 Rand Avenue, Lexington, KY 40508
Sold Oct 12, 2021
$290,000
$232,000 by Bank Of The Bluegrass
Mortgage
Sold Jun 04, 2019
$229,900
$194,900 by Branch Banking & Tr Co
Mortgage
Local assessors in Lexington, KY have categorized 255 Rand Avenue as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 5,332 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 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 255 Rand Avenue has a total of 1,541 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Lots of brick 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 central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 255 Rand Avenue was last sold in Jan 1, 1970 for $290,000. According to our calculations, that's $188.19 per sqft. Prior to that sales transaction, the property was sold for $229,900 in Jan 1, 1970. Current property owners are expected to pay $3,586 in taxes per year. The property on 255 Rand Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $290,000. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,332
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,541
  • Building Area: 1,541
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,541
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BOOK: 3673 PAGE: 42

Ownership

  • Current Owner : SPOT PROP LLC
  • Previous Owner : THOMPSON MASON S
  • Previous Owner 2: THOMPSON KYLIE M
  • Owner Before Previous Owner: MOODY ADAM P
  • Owner Before Previous Owner 2: MOODY LESLIE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 000300

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: MB:25
  • Parcel: 13801000
  • Latitude: 38.0508
  • Longitude: -84.4841

    Address

  • Full Address: 255 Rand Ave
  • Address - House Number: 255
  • Address - Street Name: Rand
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Lexington
  • Carrier Code: C016
  • 4-Digit Zip Code: 1552
  • Zip Code: 40508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,586
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.219
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 346,263
  • High Value: 422,111
  • Low Value: 270,416

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,000
  • First Open Lien Mortgage Lender: BANK OF THE BLUEGRASS
  • First Open Lien Mortgage Recording Date: Oct 12, 2021
  • First Open Lien Mortgage Loan Amount: $232,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $290,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,000

    Sales

  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Transaction ID: 11859444288
  • Current Sale Price: $290,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 04, 2019
  • Previous Sale Amount: $229,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE BLUEGRASS
  • First Mortgage Transaction Date: Oct 12, 2021
  • First Mortgage Loan Amount: $232,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING & TR CO
  • Previous Mortgage Transaction Date: Jun 04, 2019
  • Previous Mortgage Loan Amount: $194,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Ohio-Chestnut Street



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 255 Rand Avenue located in?
The 255 Rand Avenue is a located in the neighborhood of Ohio-Chestnut Street in Ohio-Chestnut Street, Lexington.
What is the average sales price for listings in 255 Rand Avenue?
The average sales price for units in 255 Rand Avenue is $0 currently.

Quantcast