Owner
$223,057
600 VINCENT WAY APT 4207, LEXINGTON, KY
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
0
baths
2
sq. ft.
1,124
property type
Condominium Unit (Residential)
hoa
Yes
About
Residential
Living Area
1 Story
No Basement
Central
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2004
Building Size
1,124 sq ft
Lot Size
0 sq ft
Lot Size (Acres)
—
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
38100270
County
Fayette County, Kentucky
Metro Area
Lexington-Fayette, KY
Zoning
R-4
Neighborhood/Subdivision
WELLINGTON CHASE CONDOMINIUMS
Lot Number
—
School District
Fayette County School District
Legal Description
G-642 WELLINGTON CHASE CONDOMINIUMS BLDG 4 LOT; BOOK: 76 PAGE: 741
Tax & Value Information
Market Value (Total)
$160,100
Building Value
$0
Land Value
$160,100
Annual Property Tax
$1,406
Tax Assessment Year
2024
Assessed Value
$160,100
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
—
Recording Date
—
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$194,163
Average Price per Sq.Ft.: $172.74
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$8,631
Return on Investment
15.60%
After Repair Value
$245,363
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
Show Advanced Options
Analysis Details
Purchase Price
$200,751
Renovation Cost
$11,153
Closing Costs (buying)
$4,015
Holding Costs
$6,091
Selling Costs
$14,722
Total Investment
$55,318
After Repair Value (ARV)
$245,363
Total Costs
$236,732
Estimated Profit
$8,631
Cash Invested
$51,303
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
Clays Mill Elementary School
A
Elementary
2319 Clays Mill Road, KY
0.61 miles away
Jessie M Clark Middle School
B
Middle
3341 Clays Mill Road, KY
0.38 miles away
Lafayette High School
B
High
401 Reed Lane, KY
1.60 miles away
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Mixed Use
Walkability
Excellent
(32 POIs within 1mi)
Amenities Within 0.5mi
13
locations
Schools Within 1mi
9
schools
Area Class
C
class
Investor Insight
This is a mixed use area with 32 amenities within 1 mile.
The property has excellent access to immediate amenities.
Key features for tenant appeal:
Schools Nearby
Shopping Within 0.5mi
Recreation
High-Risk Services
Map Filters
Key Amenities in the Area
Elite U
0.1 mi • Recreation
Sagar India Market
0.1 mi • Essential Services
1st Stop Auto Care Centers Inc
0.2 mi • Automotive & Industrial
Thelma's Garden Educaion Academy
0.2 mi • Education
Lexington Fire Station #15
0.8 mi • Emergency Services
Total Wine & More
1.1 mi • Adult Entertainment & Liquor
Kroger Money
1.3 mi • High-Risk Financial Services