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2777 Red Clover Lane

2777 Red Clover Lane, Lexington, KY 40511
Property in Fayette
Sold Jun 13, 2016
$157,000
$154,156 by Flanagan State Bk
Mortgage
Sold May 07, 2014
$137,500
$130,625 by Park Comm Cr Un
Mortgage
2777 Red Clover Lane has been categorized by the local assessors in Lexington, KY as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2777 Red Clover Lane has 1,903 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 5,062 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 399 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a open porch and a patio. Love to swim? You'll be excited to find out that there is a spa or hot tub but no pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The exterior walls of the building are made of masonry. 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 and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jan 1, 1970 for $157,000. That's $82.50 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $137,500. 2777 Red Clover Lane was last assessed in 2023. The total value of the property was assessed at $189,300. 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 $2,341. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 2006
  • Effective Year Built: 2006
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 399
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 5,062
  • Lot Size Frontage Feet: 460
  • Total Building Area: 1,903
  • Building Area: 1,903
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,903
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GARDEN MEADOWS
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: M-327 GARDEN MEADOWS UNIT 1-D (DOTSON) LOT 120; BOOK: 3405 PAGE: 128

Ownership

  • Current Owner : WARD MICHAEL A
  • Current Owner 2: TUDOR ERICA L
  • Previous Owner : BRACKING CONNIE E
  • Owner Before Previous Owner: PALUMBO PROP INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 003704

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: MB:3
  • Parcel: 38134270
  • Lot: 120
  • Latitude: 38.1031
  • Longitude: -84.5282

    Address

  • Full Address: 2777 Red Clover Ln
  • Legal Unit: 1-D
  • Address - House Number: 2777
  • Address - Street Name: Red Clover
  • Address - Suffix Type: Ln
  • State: KY
  • City Name: Lexington
  • Carrier Code: R089
  • 4-Digit Zip Code: 8660
  • Zip Code: 40511

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,341
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1622
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 79
  • Final Value: 275,632
  • High Value: 320,367
  • Low Value: 230,897

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $154,156
  • First Open Lien Mortgage Lender: FLANAGAN STATE BK
  • First Open Lien Mortgage Recording Date: Jun 13, 2016
  • First Open Lien Mortgage Loan Amount: $154,156
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $189,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,300

    Sales

  • Current Sale Recording Date: Jun 13, 2016
  • Current Sale Transaction ID: 1598149706
  • Current Sale Price: $157,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 07, 2014
  • Previous Sale Amount: $137,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLANAGAN STATE BK
  • First Mortgage Transaction Date: Jun 13, 2016
  • First Mortgage Loan Amount: $154,156
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: PARK COMM CR UN
  • Previous Mortgage Transaction Date: May 07, 2014
  • Previous Mortgage Loan Amount: $130,625
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Lexington-Fayette



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Frequently Asked Questions

What neighborhood is 2777 Red Clover Lane located in?
The 2777 Red Clover Lane is a located in the neighborhood of Fayette in Lexington-Fayette, Lexington.
What is the average sales price for listings in 2777 Red Clover Lane?
The average sales price for units in 2777 Red Clover Lane is $0 currently.

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