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2884 Gateway Park Lane

2884 Gateway Park Lane, Lexington, KY 40511
Sold Feb 25, 2022
$241,000
Sold Mar 06, 2013
$126,000
$123,717 by Central Bk & Tr Co
Mortgage
2884 Gateway Park Lane in Lexington, KY was first built in 1996 and is 28 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2884 Gateway Park Lane has 1,520 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,983 square feet.

Learn more about the property and building on this page. There is a patio. For those who need parking, there is a attached garage. The garage is 364 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2884 Gateway Park Lane was last sold in Feb 25, 2022 for $241,000. According to our calculations, that's $158.55 per sqft. Prior to that sales transaction, the property was sold for $126,000 in Jan 1, 1970. Current property owners are expected to pay $2,980 in taxes per year. The property on 2884 Gateway Park Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $241,000. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 364
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 4,983
  • Lot Size Frontage Feet: 388
  • Total Building Area: 1,520
  • Building Area: 1,520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,520
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MASTERSON STATION
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: J-946 MASTERSON STATION UNIT 1-B LOT 50; BOOK: 3136 PAGE: 267

Ownership

  • Current Owner : LYNN KOSS MELODIE
  • Owner Before Previous Owner: WOOLUMS RICHARD K
  • Owner Before Previous Owner 2: WOOLUMS MARILYN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 003703

Zoning

  • Zoning: R-1E

Geography

  • Assessors Map Reference: MB:3
  • Parcel: 19343600
  • Lot: 50
  • Latitude: 38.0911
  • Longitude: -84.5508

    Address

  • Full Address: 2884 Gateway Park Ln
  • Legal Unit: 1-B
  • Address - House Number: 2884
  • Address - Street Name: Gateway Park
  • Address - Suffix Type: Ln
  • State: KY
  • City Name: Lexington
  • Carrier Code: R097
  • 4-Digit Zip Code: 8755
  • Zip Code: 40511

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,980
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2356
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 281,989
  • High Value: 348,453
  • Low Value: 215,525

    Market Valuation

  • Market Total Value: $241,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,000

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: Feb 25, 2022
  • Current Sale Transaction ID: 11892044835
  • Current Sale Price: $241,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 06, 2013
  • Previous Sale Amount: $126,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: CENTRAL BK & TR CO
  • Previous Mortgage Transaction Date: Mar 06, 2013
  • Previous Mortgage Loan Amount: $123,717
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Masterson Station



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Frequently Asked Questions

What neighborhood is 2884 Gateway Park Lane located in?
The 2884 Gateway Park Lane is a located in the neighborhood of Masterson Station in Masterson Station, Lexington.
What is the average sales price for listings in 2884 Gateway Park Lane?
The average sales price for units in 2884 Gateway Park Lane is $0 currently.

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