NOT LISTED FOR SALE

114 Herron Dr Lancaster, KY 40444

Estimated Value: $157,000 - $222,000

3 Beds
1 Bath
1,092 Sq Ft
$165/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $180,000 $165 Per Sq Ft

Current estimated payment $1,025/month

15 Days on Market

Highlights

  • Views of a Farm
  • Attic
  • 2 Car Detached Garage
  • Ranch Style House
  • No HOA
  • Brick Veneer

About This Home

As of July 2024

This 3 bedroom, 1 bath home is situated near the end of a quiet dead end street. It is less than a mile from the center of town but with the rural views and quiet atmosphere it feels like country living. The home features a two car detached garage. New windows installed 2 years ago. New furnace installed 3 years ago. Don't miss out on this one!

Last Agent to Sell the Property

Whitney Ellis

Danny Ayres Realty & Auction License #274036 Listed on: 05/03/2024

Last Buyer's Agent

Rachel Good

Real Broker, LLC License #241195

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $321

Year Built

  • Built in 1970

Lot Details

  • 0.25 Acre Lot
  • Privacy Fence

Parking

  • 2 Car Detached Garage
  • Driveway

Property Views

  • Farm
  • Neighborhood

Home Design

  • Ranch Style House
  • Brick Veneer
  • Block Foundation
  • Dimensional Roof

Interior Spaces

  • 1,092 Sq Ft Home
  • Blinds
  • Living Room
  • Dining Room
  • Washer and Electric Dryer Hookup
  • Attic

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Lancaster Elementary School
  • Garrard Co Middle School
  • Not Applicable Middle School
  • Garrard Co High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$321

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1970
  • Above Grade Finished Sq Ft: 1092.0
  • Levels: One
  • New Construction: No
  • Location Tax Legal Info:Elementary School: Lancaster
  • Location Tax Legal Info:Middle or Junior School: Garrard Co
  • Location Tax Legal Info:High School: Garrard Co
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2024-05-02
  • General Property Description:Lot Size Acres: 0.25
  • General Property Description:Above Grade Finished Area: 1092.0
  • General Property Description:Waterfront: No
  • View:Neighborhood: Yes
  • Roof:Dimensional Style: Yes
  • Basement: No
  • Flooring:Carpet: Yes
  • Attic:Attic YN: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Architectural Style:Ranch: Yes
  • Stories:One: Yes
  • Foundation Details:Block3: Yes
  • Flooring:Laminate: Yes
  • Cooling:Electric2: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Vinyl: Yes
  • Fencing:Privacy: Yes
  • View:Farm: Yes
  • General Property Description:Finished Area Total: 1092.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Range, Refrigerator
  • Flooring: Carpet, Laminate, Vinyl
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 3
  • Lot Size Area: 0.25
  • Window Features: Blinds
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Gas Water Heater: Yes
  • General Property Description:_pound_ of Primary Bedrooms: 1
  • Rooms:_pound_ of Bedrooms2: 2

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Brick Veneer
  • Fencing: Privacy
  • Foundation Details: Block
  • List Price: 182500.0
  • View: Farm, Neighborhood
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Driveway
  • Garage Features:Garage YN: Yes
  • Garage Features:Garage Spaces: 2.0
  • Carport Features:Carport YN: No
  • Parking Features:Driveway: Yes
  • Garage Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Water Source: Public
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lancaster
  • High School: Garrard Co
  • Middle or Junior School: Garrard Co

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jul 2, 2024
Sold by
Tracy Michael and Tracy Phyllis
Bought by
Lynn David Lee
Seller's Agent
Whitney Ellis
Danny Ayres Realty & Auction
Buyer's Agent
Rachel Good
Real Broker, LLC
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Views
41
Current Estimated Value
$180,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$669
Avg. Annual Appreciation
0.35%
Original Mortgage
$174,600
Outstanding Balance
$173,289
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$7,380

Purchase Details

Closed on
Jan 3, 2022
Sold by
Tracy and Phyllis
Bought by
Tracy Mike and Tracy Phyllis

Purchase Details

Closed on
Mar 26, 2015
Sold by
Wilmot Debra Rose
Bought by
Tracy Michael and Tracy Phyllis
Source: Public Records

Range of Values:

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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
Lynn David Lee $180,000 Land Group Real Estate Title &
Lynn David Lee $180,000 Land Group Real Estate Title &
Tracy Mike $72,000 None Listed On Document
Tracy Michael $72,000 Bluegrass Land Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn David Lee $174,600
Closed Tracy Michael $62,263
Closed Lynn David Lee $174,600
Previous Owner Tracy Michael $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $180,000 -1.4% $165 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $182,500 -1.4% $167 / Sq Ft
05/03/2024 05/03/24 For Sale $185,000 -- $169 / 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 $321 $75,000 $15,000 $60,000
2023 $321 $75,000 $15,000 $60,000
2022 $400 $75,000 $15,000 $60,000
2021 $408 $75,000 $15,000 $60,000
2020 $423 $75,000 $15,000 $60,000
2019 $365 $70,000 $15,000 $55,000
2018 $385 $70,000 $15,000 $55,000
2017 $385 $70,000 $15,000 $55,000
2016 $387 $70,000 $15,000 $55,000
2012 $414 $70,000 $15,000 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24008664

ImagineMLS (Bluegrass REALTORS®)

APN: L4-15-060