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703 Sheridan Drive

703 Sheridan Drive, Lexington, KY 40503
Property in Fayette
Sold May 06, 2022
$238,000
Sold Jun 09, 2021
$175,000
$165,000 by Health Ed Fed Cr Un
Mortgage
703 Sheridan Drive 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 1957 and is 67 years old. The home has a total of 3 bedrooms. 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, 703 Sheridan Drive has 1,325 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 10,851 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. The exterior walls of the building are made of rock and stone. 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. The property was last sold in May 6, 2022 for $238,000. That's $179.62 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $175,000. 703 Sheridan Drive was last assessed in 2023. The total value of the property was assessed at $238,000. 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 $2,922. 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.

Building Features

Exterior

Aluminum Siding
Stone Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Exterior Walls Type: Rock and stone
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,851
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,325
  • Building Area: 1,325
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,325
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEL MONTE
  • Land Acres: 0.249
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: C-090 BEL MONTE LOT 13; BOOK: 3849 PAGE: 733

Ownership

  • Current Owner : ANDREW STERN THOMAS
  • Current Owner 2: ANDREW EVE ORNA
  • Owner Before Previous Owner: GIPSON DARRELL L
  • Owner Before Previous Owner 2: GIPSON KIMBERLEY S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 002900

Zoning

  • Zoning: R-1C

Geography

  • Assessors Map Reference: MB:39
  • Parcel: 20620300
  • Lot: 13
  • Latitude: 38.0213
  • Longitude: -84.5418

    Address

  • Full Address: 703 Sheridan Dr
  • Address - House Number: 703
  • Address - Street Name: Sheridan
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Lexington
  • Carrier Code: C064
  • 4-Digit Zip Code: 1727
  • Zip Code: 40503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,922
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2008
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 288,882
  • High Value: 346,860
  • Low Value: 230,904

    Market Valuation

  • Market Total Value: $238,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,000

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: May 06, 2022
  • Current Sale Transaction ID: 11892043494
  • Current Sale Price: $238,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 09, 2021
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: HEALTH ED FED CR UN
  • Previous Mortgage Transaction Date: Jun 09, 2021
  • Previous Mortgage Loan Amount: $165,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

About Lexington-Fayette



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Frequently Asked Questions

What neighborhood is 703 Sheridan Drive located in?
The 703 Sheridan Drive is a located in the neighborhood of Fayette in Lexington-Fayette, Lexington.
What is the average sales price for listings in 703 Sheridan Drive?
The average sales price for units in 703 Sheridan Drive is $0 currently.

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