Large Location Icon

505 Payne Ave; Georgetown, KY Property Details

505 Payne Ave, Georgetown, KY is a Residential General that was built in 1945. This property is currently a cash purchase and is not for sale. Our records show that 505 Payne Ave has 2 bedrooms, and 1 bathroom, and a total of 1,036 square feet. The lot size of 505 Payne Ave is 9,723 square feet.

Off market
505 Payne Ave Georgetown, KY 40324
$30,000 Listing Price
2 Beds
1 Baths
1,036 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1945
  • Purchase Price: $367,000
  • Open Loans: 1
  • Gross Yield: 3.579%
  • APN: 166-20-028.000
  • Situs County: Scott
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)

Measurements

  • Total: 1,036/SqFt
  • Lot: 9,723/SqFt
  • Living: 1,036/SqFt
  • Building: 1,036/SqFt
  • Price Per Square Foot: $354.25

Legal Description

  • Description: CITY GEO 52
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Scott County School District
  • Lat / Lon: 38.22025 / -84.554985
  • Subdivision: George V Payne Annex
  • Property Class: Residential

Amenities

  • Plus Four: 1956
  • Fireplaces: 1
  • Heating: Yes

Ownership Info

505 Payne Ave has no associated ownership info
505 Payne Ave has no associated ownership info.

Taxes

505 Payne Ave has 8 associated Taxes items

505 Payne Ave, Georgetown, KY pays taxes in Scott County, KY. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $94,200. The APN we've located for 505 Payne Ave is 166-20-028.000.

Unlock the full report
Taxes
  • Assessed Value:  $94,200
  • Assessed Year:  2025
  • Assessed County:  Scott
  • APN:  166-20-028.000
  • Tax Amount:  839.04
  • Tax Year:  2025
  • Market Value:  94200
  • Market Year:  2025

Tax History

505 Payne Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $94,200 Land Value Improvement Value Tax Amount $839.04 Change Rate +0.047125% Assessed CR Tax Rate +0.008907%
Year 2024 Assessed Value $89,100 Land Value Improvement Value Tax Amount $801.28 Change Rate +0.080358% Assessed CR Tax Rate +0.008993%
Year 2023 Assessed Value $81,800 Land Value $30,000 Improvement Value $51,800 Tax Amount $741.68 Change Rate +0.246165% Assessed CR Tax Rate +0.009067%
Year 2022 Assessed Value $68,600 Land Value $22,500 Improvement Value $46,100 Tax Amount $595.17 Change Rate -0.011231% Assessed CR Tax Rate +0.008676%
Year 2021 Assessed Value $63,900 Land Value $22,500 Improvement Value $41,400 Tax Amount $601.93 Change Rate +0.041041% Assessed CR Tax Rate +0.00942%
Year 2020 Assessed Value $61,400 Land Value $20,000 Improvement Value $41,400 Tax Amount $578.2 Change Rate +0.166314% Assessed CR Tax Rate +0.009417%
Year 2019 Assessed Value $61,400 Land Value Improvement Value Tax Amount $495.75 Change Rate +0.054002% Assessed CR Tax Rate +0.008074%
Year 2018 Assessed Value $54,200 Land Value Improvement Value Tax Amount $470.35 Change Rate Assessed CR Tax Rate +0.008678%
Year 2017 Assessed Value $51,080 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $51,080 Land Value Improvement Value Tax Amount $33.2 Change Rate -0.911714% Assessed CR Tax Rate +0.00065%
Year 2015 Assessed Value $47,000 Land Value Improvement Value Tax Amount $376.05 Change Rate -0.034977% Assessed CR Tax Rate +0.008001%
Year 2014 Assessed Value $47,000 Land Value Improvement Value Tax Amount $389.68 Change Rate +12.372684% Assessed CR Tax Rate +0.008291%
Year 2011 Assessed Value $47,000 Land Value Improvement Value Tax Amount $29.14 Change Rate Assessed CR Tax Rate +0.00062%