NOT LISTED FOR SALE

Hanover Towers Condominium 101 S Hanover Ave Unit 7K Floor 7 Lexington, KY 40502

Ashland Park Neighborhood

Estimated Value: $158,000 - $224,000

1 Bed
1 Bath
805 Sq Ft
$420/mo HOA Fee

Last Sold March 08, 2024

Last sale price $155,000 $193 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,588/month

117 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Neighborhood Views
  • Brick Veneer
  • Cassidy Elementary School Rated A
  • Recreation Facilities
  • Walk-In Closet

About This Home

As of March 2024

SOLD AS IS
The Hanover Towers @ Ashland Park is a beautiful area of Lexington which is all about location, security and comfort living. This 805 sqft condo features a 1 bedroom, 1 bath, family room and Kitchen. Hanover Towers offers many great amenities including a Courteous Doorman, Beautiful Marble Floored Lobby with Elevators, area for entertaining/socializing, Hair salon, Fitness Center, Storage, Rooftop Terrace that overlooks the city, On Site Laundry. NO PETS
Call for a showing today.

Last Agent to Sell the Property

Kelly Wright

RE/MAX Creative Realty License #211929 Listed on: 10/10/2023

RE/MAX Creative Realty

Last Buyer's Agent

Kimberly DeRossett

Legacy Real Estate Firm License #205132

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,877

Year Built

  • Built in 1964

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Entry on the 7th floor
  • Brick Veneer
  • Block Foundation

Interior Spaces

  • 805 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Schools

  • Cassidy Elementary School
  • Morton Middle School
  • Henry Clay High School

Utilities

  • Zoned Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • The owner pays for management
  • Assessor Parcel Number 10035220

Community Details

Overview

  • Association fees include central cooling, central heating, sewer, trash, water
  • Ashland Park Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Recreation

  • Recreation Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,877

Year Built

Built in 1964

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Condominium
  • Year Built: 1964
  • Above Grade Finished Sq Ft: 805.0
  • Entry Level: 7
  • Levels: One
  • New Construction: No
  • View:Neighborhood: Yes
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Amenities: Elevator, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 1
  • Fireplace: No
  • LivingArea: 805.0
  • Owner Pays: Management
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Construction Materials: Brick Veneer
  • Foundation Details: Block
  • List Price: 169000.0
  • View: Neighborhood
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Heating: Zoned, Other
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Amenities: Recreational Facilities
  • Association Fee: 420.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Central Cooling, Central Heating, Sewer, Trash, Water

Schools

  • Elementary School: Cassidy
  • High School: Henry Clay
  • Middle or Junior School: Morton

Lot Info

  • Parcel Number: 10035220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Mar 8, 2024
Sold by
Cox Marsha H and Cox Ronald E
Bought by
Elliott Angela D
Seller's Agent
Kelly Wright
RE/MAX Creative Realty
Buyer's Agent
Kimberly DeRossett
Legacy Real Estate Firm
List Price
$181,000
Sold Price
$155,000
Premium/Discount to List
-$26,000
-14.36%
Views
398
Current Estimated Value
$192,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,920
Avg. Annual Appreciation
14.28%
Original Mortgage
$85,000
Outstanding Balance
$83,602
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$109,318
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elliott Angela D $155,000 None Listed On Document
Elliott Angela D $155,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Angela D $85,000
Closed Elliott Angela D $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2024 10/20/24 Off Market $155,000 -- --
03/08/2024 03/08/24 Sold $155,000 -8.3% $193 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
01/20/2024 01/20/24 Price Changed $169,000 -3.4% $210 / Sq Ft
11/15/2023 11/15/23 Price Changed $174,900 -3.4% $217 / Sq Ft
10/10/2023 10/10/23 For Sale $181,000 -- $225 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,877 $151,800 $0 $0
2023 $1,303 $151,800 $0 $0
2022 $1,422 $151,800 $0 $0
2021 $1,208 $135,100 $0 $0
2020 $1,224 $135,100 $0 $0
2019 $1,224 $135,100 $0 $0
2018 $1,245 $135,100 $0 $0
2017 $577 $85,000 $0 $0
2015 $571 $85,000 $0 $0
2014 $571 $49,000 $0 $0
2012 $571 $85,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Wright

    Seller's Agent in 2024

    Kelly Wright

    RE/MAX

    (859) 312-5730

    1 in this area

    28 Total Sales

    Kelly Wright
    Section Image
  • Kimberly DeRossett

    Buyer's Agent in 2024

    Kimberly DeRossett

    Legacy Real Estate Firm

    (859) 420-3051

    2 in this area

    124 Total Sales

    Kimberly DeRossett
    Section Image
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About Hanover Towers Condominium

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23019666

ImagineMLS (Bluegrass REALTORS®)

APN: 10035220

Kentucky Fayette County Lexington 40502 Ashland Park

101 S Hanover Ave Unit 7K, Lexington, KY

This home is located at 101 S Hanover Ave Unit 7K, Lexington, KY 40502 since 10 October 2023 and is currently estimated at $192,920, approximately $239 per square foot. This property was built in 1964. 101 S Hanover Ave Unit 7K is a home located in Fayette County with nearby schools including Cassidy Elementary School, Morton Middle School, and Henry Clay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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