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333 Choctaw Drive

333 Choctaw Drive, Stanford, KY 40484
Property in Lincoln
Sold Nov 09, 2016
$115,000
$61,590 by Abound Federal Credit Union
Mortgage Due Feb 01, 2039
333 Choctaw Drive has been categorized by the local assessors in Stanford, KY as a residential type of property. The building on the property was first built in 1968 and is 56 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, 333 Choctaw Drive has 2,347 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 67,344 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. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as good. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 333 Choctaw Drive was last sold in Nov 7, 2016 for $115,000. According to our calculations, that's $49.00 per sqft. Current property owners are expected to pay $1,340 in taxes per year. The property on 333 Choctaw Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $138,000. To break that down further, the land itself was valued at $17,000. While improvements to the property were assessed at a total of $121,000. 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. 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.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: 1968
  • Effective Year Built: 1968
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 67,344
  • Total Building Area: 2,347
  • Building Area: 2,347
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,347
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: INDIAN TRAILS
  • Land Acres: 1.546
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H & 1.546 AC & BLDG

Ownership

  • Current Owner : MORRIS LORI L
  • Previous Owner : NOE WALKER MCKINNEY
  • Previous Owner 2: NOE RITA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln County School District
  • Census Tract: 920102

Zoning

  • Zoning: RESIDENTIA

Geography

  • Parcel: 051-03-19-001.00
  • Municipality: STANFORD
  • Latitude: 37.5471
  • Longitude: -84.6631

    Address

  • Full Address: 333 Choctaw Trl
  • Address - House Number: 333
  • Address - Street Name: Choctaw
  • Address - Suffix Type: Trl
  • State: KY
  • City Name: Stanford
  • Carrier Code: C001
  • 4-Digit Zip Code: 1018
  • Zip Code: 40484

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,340
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.2519
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 470,058
  • High Value: 588,481
  • Low Value: 351,634

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $61,590
  • First Open Lien Mortgage Lender: ABOUND FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jan 04, 2024
  • First Open Lien Mortgage Loan Amount: $61,590
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2039

    Market Valuation

  • Market Total Value: $138,000
  • Market Land Value: $17,000
  • Market Improvement Value: $121,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,000
  • Assessed Land Value: $17,000
  • Assessed Improvements Value: $121,000

    Sales

  • Current Sale Contract Date: Nov 07, 2016
  • Current Sale Recording Date: Nov 09, 2016
  • Current Sale Transaction ID: 1884339204
  • Current Sale Price: $115,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 331902

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SOUTHERN NATIONAL BANK
  • First Mortgage Transaction Date: Nov 09, 2016
  • First Mortgage Loan Amount: $75,000
  • First Mortgage Terms: 82
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Oct 26, 2023

About Stanford



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Frequently Asked Questions

What neighborhood is 333 Choctaw Drive located in?
The 333 Choctaw Drive is a located in the neighborhood of Lincoln in Stanford, Stanford.
What is the average sales price for listings in 333 Choctaw Drive?
The average sales price for units in 333 Choctaw Drive is $0 currently.

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