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556 West 5th Street

556 West 5th Street, Lexington, KY 40508
Sold Sep 02, 2020
$43,000
$57,500 by Williams, David
Mortgage
Sold Apr 23, 2020
$12,000
556 West 5th Street 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 1900 and is 124 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 556 West 5th Street has 720 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 1,198 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. Residents will have the luxury of enjoying a open porch. 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 materials we are unsure of. 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 gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jan 1, 1970 for $43,000. That's $59.72 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $12,000. 556 West 5th Street was last assessed in 2023. The total value of the property was assessed at $43,000. 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 $532. 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. 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: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Construction Type: Frame
  • Exterior Walls Type: Other
  • 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: 1,198
  • Lot Size Frontage Feet: 200
  • Total Building Area: 720
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 720
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WARFIELD BELL
  • Land Acres: 0.028
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 1-014 WARFIELD BELL LOT; BOOK: 3778 PAGE: 187

Ownership

  • Current Owner : LEATHAN PROP LLC
  • Previous Owner : SANFORD JAMES
  • Previous Owner 2: SANFORD KATHERINE
  • Owner Before Previous Owner: SANFORD DORA
  • Owner Before Previous Owner 2: SANFORD CATHERINE KIRTLEY EST
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 000200

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: MB:17
  • Parcel: 13585200
  • Latitude: 38.0577
  • Longitude: -84.4945

    Address

  • Full Address: 556 W Fifth St
  • Address - House Number: 556
  • Street Direction: W
  • Address - Street Name: Fifth
  • Address - Suffix Type: St
  • State: KY
  • City Name: Lexington
  • Carrier Code: C018
  • 4-Digit Zip Code: 1333
  • Zip Code: 40508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $532
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2256
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 68
  • Final Value: 100,208
  • High Value: 122,819
  • Low Value: 77,596

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $57,500
  • First Open Lien Mortgage Lender: WILLIAMS, DAVID
  • First Open Lien Mortgage Recording Date: Sep 02, 2020
  • First Open Lien Mortgage Loan Amount: $57,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $43,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,000

    Sales

  • Current Sale Recording Date: Sep 02, 2020
  • Current Sale Transaction ID: 11784960481
  • Current Sale Price: $43,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 23, 2020
  • Previous Sale Amount: $12,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WILLIAMS, DAVID
  • First Mortgage Transaction Date: Sep 02, 2020
  • First Mortgage Loan Amount: $57,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

About North Upper Street



Similar Buildings

Currently no similar buildings around

Nearby Rentals

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Frequently Asked Questions

What neighborhood is 556 West 5th Street located in?
The 556 West 5th Street is a located in the neighborhood of North Upper Street in North Upper Street, Lexington.
What is the average sales price for listings in 556 West 5th Street?
The average sales price for units in 556 West 5th Street is $0 currently.

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