This address designates a specific property located within the Eagle Creek neighborhood of Lexington, Kentucky. It signifies a particular location within a broader geographic context, potentially referencing a residential, commercial, or other type of property.
Understanding a precise location is crucial for various purposes, including property transactions, service delivery, navigation, and emergency response. A clearly defined address allows for efficient communication and resource allocation. In the context of real estate, the specific address represents a unique parcel of land with its own history of ownership, development, and value.
This location within Lexington offers access to the city’s amenities, infrastructure, and community resources. Further exploration could involve analyzing property values in the area, examining the history of the Eagle Creek neighborhood, or researching local schools and businesses.
1. Location
Location significantly impacts a property’s value and desirability. For a property like the one at 160 North Eagle Creek Drive, Lexington, KY, understanding its location within the broader context of Lexington and the specific Eagle Creek neighborhood provides crucial insights.
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Geographic Coordinates
Precise latitude and longitude coordinates pinpoint the property’s exact position on Earth. These coordinates are essential for mapping, navigation, and geographic information systems. They provide an unambiguous and universally understood reference point.
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Neighborhood Context
The Eagle Creek neighborhood likely possesses distinct characteristics that influence property values and resident lifestyles. Factors such as neighborhood demographics, crime rates, school districts, and proximity to amenities contribute to the overall perception and desirability of the area.
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Accessibility and Transportation
Access to major roadways, public transportation, and airports affects convenience and commute times. Evaluating transportation options and proximity to employment centers and other key destinations contributes to a comprehensive understanding of the location’s practicality.
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Proximity to Amenities
Nearby amenities such as shopping centers, restaurants, parks, and healthcare facilities contribute to quality of life. Analyzing the distance to these amenities and their availability provides insights into the convenience and desirability of the location.
These location-based factors contribute significantly to the overall assessment of a property. By understanding the interplay of geographic coordinates, neighborhood characteristics, accessibility, and proximity to amenities, one gains a more comprehensive understanding of the significance of the property’s location at 160 North Eagle Creek Drive in Lexington, KY.
2. Property Details
Property details constitute essential information for identifying and evaluating a specific piece of real estate. For a property located at 160 North Eagle Creek Drive, Lexington, KY, these details provide a comprehensive profile, influencing its market value, suitability for specific purposes, and overall desirability. Details encompass physical attributes, legal descriptions, and historical records.
Physical attributes include the size of the lot, square footage of the building, number of bedrooms and bathrooms, architectural style, and the presence of any unique features like a swimming pool or fireplace. These details directly impact the property’s functionality and appeal to potential buyers or renters. For example, a larger lot size might be attractive to families, while a specific architectural style could appeal to those with particular aesthetic preferences. The condition of the property, including the age of the roof or the efficiency of the HVAC system, further contributes to its overall value and potential maintenance costs.
Legal descriptions provide precise boundaries and ownership information, ensuring clear identification and preventing disputes. These descriptions are typically recorded in official documents and are crucial for property transactions. Historical records, including past ownership, sales prices, and any liens or easements, offer valuable context. Understanding the property’s history can reveal potential issues or opportunities, contributing to a more informed assessment. For instance, previous renovations or additions might affect the property’s current value and layout. Access to these details is essential for conducting due diligence and making informed decisions regarding the property at 160 North Eagle Creek Drive, Lexington, KY.
3. Neighborhood
Neighborhood context significantly influences the character and value of a property. For 160 North Eagle Creek Drive, understanding the Eagle Creek neighborhood provides crucial insights. A neighborhood’s characteristics, including its demographics, socioeconomic profile, amenities, and overall atmosphere, directly impact the desirability and market value of properties within its boundaries. Eagle Creek’s specific attributes contribute to the perceived value and potential of this particular address. For example, a neighborhood known for its excellent schools likely increases the desirability of residences within it, potentially impacting property values. Similarly, the presence of parks, recreational facilities, and a low crime rate can enhance a neighborhood’s appeal.
The relationship between a property and its neighborhood operates on multiple levels. Proximity to amenities within the neighborhood, such as shopping centers or restaurants, affects convenience and lifestyle. The quality of local schools influences family decisions regarding residential choices. Furthermore, the overall aesthetic and upkeep of the neighborhood contribute to its perceived value. A well-maintained neighborhood with attractive landscaping and a sense of community pride can enhance property values compared to a neighborhood lacking these qualities. Conversely, factors like high crime rates or proximity to industrial areas can negatively impact property values. Understanding these dynamics provides valuable insights for evaluating the specific property at 160 North Eagle Creek Drive within the larger context of the Eagle Creek neighborhood.
In summary, analyzing the neighborhood provides crucial context for understanding the value and potential of a property. Factors like demographics, amenities, school quality, and overall atmosphere contribute to the desirability of a location. Evaluating these neighborhood-specific characteristics is essential for assessing the property at 160 North Eagle Creek Drive, Lexington, KY. This analysis allows for a comprehensive understanding that goes beyond the physical attributes of the property itself, encompassing the broader environment and its influence on market value and lifestyle.
4. Market Value
Market value represents the estimated price a property would command in a competitive and open market under normal sale conditions. For 160 North Eagle Creek Drive, Lexington, KY, determining market value involves analyzing various factors, including property-specific features, recent sales of comparable properties, and prevailing market trends. This valuation is crucial for transactions, financing, and investment decisions.
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Comparable Sales Analysis
Examining recent sales of similar properties in the Eagle Creek neighborhood and surrounding areas provides a benchmark for evaluating market value. Factors like square footage, lot size, age, condition, and features are compared to determine a reasonable price range. Adjustments are made to account for differences between the subject property and the comparable sales.
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Property Condition and Features
The property’s physical condition, including its age, updates, and overall maintenance, significantly influences its market value. Desirable features, such as a renovated kitchen, updated bathrooms, or a finished basement, can increase value, while deferred maintenance or outdated features can decrease it.
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Local Market Conditions
Prevailing market trends in Lexington, KY, including supply and demand dynamics, interest rates, and economic conditions, play a significant role in determining market value. A strong seller’s market with limited inventory can drive prices up, while a buyer’s market with excess inventory can exert downward pressure on prices.
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Location and Neighborhood Influences
The property’s location within the Eagle Creek neighborhood and its proximity to amenities, schools, and transportation contribute to its market value. Desirable locations within sought-after neighborhoods command higher prices than comparable properties in less desirable areas.
Synthesizing these factors provides a comprehensive assessment of market value for 160 North Eagle Creek Drive. This valuation considers both property-specific attributes and external market influences, offering a realistic estimate of its potential selling price under current market conditions. This information is essential for buyers, sellers, and investors involved in real estate transactions.
5. Accessibility
Accessibility, concerning a specific property like 160 North Eagle Creek Drive, Lexington, KY, encompasses ease of access to the property itself and its proximity to essential services, transportation networks, and points of interest. Evaluating accessibility provides insights into the property’s convenience and suitability for various needs.
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Transportation Networks
Proximity to major roadways, public transportation options, and the airport influences commute times, travel convenience, and overall connectivity. Efficient transportation networks enhance access to employment centers, shopping districts, and other essential destinations. The availability of public transportation can be particularly important for residents without personal vehicles. For instance, easy access to Interstate 75 or Interstate 64 would significantly impact commuting time to and from downtown Lexington or surrounding areas. Similarly, proximity to bus routes or ride-sharing services enhances accessibility for residents reliant on public transport.
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Proximity to Amenities
Accessibility encompasses the ease with which residents can reach essential amenities, including grocery stores, healthcare facilities, schools, and recreational areas. Proximity to these services contributes to quality of life and reduces the time and effort required for daily errands. For example, a nearby grocery store simplifies shopping, while readily accessible healthcare facilities provide crucial medical services. The distance to schools influences family decisions and daily routines.
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Accessibility Within the Property
Accessibility also refers to the ease of movement within the property itself. This includes considerations for individuals with disabilities, such as wheelchair ramps, accessible entrances, and adapted bathrooms. Features like elevators in multi-story buildings or single-story layouts can enhance accessibility for people with mobility limitations. These features broaden the property’s appeal and ensure inclusivity for a wider range of potential occupants.
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Connectivity and Infrastructure
Reliable utilities, including water, electricity, gas, and internet access, are fundamental aspects of accessibility. The availability of high-speed internet is increasingly crucial for remote work, education, and communication. Furthermore, cellular network coverage ensures seamless communication and access to emergency services. These infrastructure components contribute to the overall functionality and convenience of the property.
These facets of accessibility collectively contribute to the overall desirability and practicality of a property. Evaluating accessibility for 160 North Eagle Creek Drive, Lexington, KY, provides valuable insights for potential residents or investors. Understanding the ease of access to transportation, amenities, and the property itself, along with the reliability of essential infrastructure, allows for a comprehensive assessment of its suitability and long-term value.
6. Nearby Amenities
Proximity to amenities significantly impacts the desirability and value of a property such as one located at 160 North Eagle Creek Drive, Lexington, KY. Amenities encompass various services and resources that enhance quality of life and convenience. Access to essential services like grocery stores, healthcare facilities, and educational institutions contributes to daily convenience and reduces commute times. Retail options, restaurants, and entertainment venues offer leisure and social opportunities. The presence and accessibility of these amenities influence property values, attracting residents seeking specific lifestyle advantages.
For example, families with young children prioritize proximity to quality schools and parks. Professionals value access to reliable transportation networks and business centers. Retirees might seek nearby healthcare facilities and recreational opportunities. The availability of specific amenities caters to diverse needs and preferences. A property’s value increases when situated near amenities sought after by its target demographic. For instance, a property near high-performing schools might command a premium price compared to a similar property in an area with less desirable educational options. Similarly, proximity to parks and green spaces enhances quality of life and can positively impact property values.
Understanding the interplay between nearby amenities and property values provides valuable insights for both homeowners and investors. Analyzing the availability and accessibility of amenities contributes to informed decision-making regarding real estate investments. Evaluating the distance to essential services and desired lifestyle options empowers individuals to select properties aligned with their specific needs and preferences. This understanding also highlights the importance of community planning and development in shaping the desirability and value of residential areas. The strategic placement and development of amenities can significantly enhance the attractiveness of a neighborhood, benefiting both residents and property owners. Therefore, evaluating nearby amenities plays a crucial role in assessing the overall appeal and investment potential of a property such as the one located at the specified address.
7. Zoning Regulations
Zoning regulations govern land use and development within a specific jurisdiction. These regulations dictate permissible activities, building types, and development standards for individual parcels. For a property like the one at 160 North Eagle Creek Drive, Lexington, KY, understanding applicable zoning regulations is crucial for determining allowable uses, potential development limitations, and compliance with local ordinances. Zoning designations, such as residential, commercial, or industrial, dictate permitted activities on the property. For instance, a property zoned for residential use cannot be used for commercial purposes without obtaining the necessary permits and variances. Building codes and development standards, often integrated within zoning regulations, specify construction requirements, setbacks, height restrictions, and other development parameters. These regulations ensure safety, maintain neighborhood character, and manage growth.
Zoning regulations impact property value and potential. A property’s zoning designation directly influences its market value and potential uses. For example, a property zoned for commercial use in a high-traffic area may have significantly higher value than a similarly sized property zoned for residential use in a less desirable location. Restrictions on building size or density can impact development potential. Understanding these regulations is crucial for property owners, developers, and investors. Non-compliance with zoning regulations can result in fines, legal action, and limitations on property use. For instance, constructing a building that exceeds height restrictions or encroaches on required setbacks can lead to penalties and mandated modifications. Therefore, due diligence regarding zoning regulations is essential before purchasing, developing, or modifying a property.
In summary, zoning regulations play a critical role in shaping land use and development. For a property located at 160 North Eagle Creek Drive, Lexington, KY, understanding the applicable zoning regulations provides essential information about permitted uses, development restrictions, and compliance requirements. This knowledge is crucial for property owners, developers, and investors to make informed decisions and ensure adherence to local ordinances. Zoning regulations, by managing development and influencing property values, contribute significantly to the character and sustainability of communities.
8. Community Features
Community features significantly influence the desirability and value of a property, particularly in residential areas. For a property located at 160 North Eagle Creek Drive, Lexington, KY, understanding the surrounding community’s characteristics provides valuable context. These features encompass shared resources, social infrastructure, and neighborhood dynamics that shape residents’ quality of life and influence property values.
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Social Infrastructure
Social infrastructure encompasses community organizations, social groups, and opportunities for interaction among residents. Active neighborhood associations, community events, and accessible gathering spaces foster a sense of belonging and contribute to social well-being. The presence of a vibrant social infrastructure can enhance property values by creating a desirable living environment. In the context of 160 North Eagle Creek Drive, the strength of the local social infrastructure contributes to the overall appeal of the property and its surrounding neighborhood.
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Shared Amenities and Resources
Shared amenities, such as parks, swimming pools, playgrounds, and community centers, provide recreational opportunities and enhance residents’ quality of life. These resources contribute to a sense of community and offer spaces for social interaction and physical activity. Access to well-maintained shared amenities can increase property values and attract residents seeking specific lifestyle advantages. For 160 North Eagle Creek Drive, the availability and quality of shared amenities within the Eagle Creek neighborhood directly influence the property’s desirability and potential market value.
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Neighborhood Safety and Security
Safety and security are paramount concerns for residents. Low crime rates, effective neighborhood watch programs, and well-lit streets contribute to a sense of security and peace of mind. Neighborhoods perceived as safe and secure tend to command higher property values than those with safety concerns. For the property at 160 North Eagle Creek Drive, the level of safety and security within the Eagle Creek neighborhood is a critical factor influencing its desirability and market appeal.
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Community Aesthetics and Upkeep
The overall aesthetic appeal and upkeep of a neighborhood influence property values. Well-maintained landscaping, clean streets, and architectural consistency create a positive visual impression and enhance the neighborhood’s desirability. A visually appealing and well-kept community can positively influence property values, attracting buyers seeking a pleasant and aesthetically pleasing environment. For the property at 160 North Eagle Creek Drive, the aesthetic quality and upkeep of the Eagle Creek neighborhood contribute to its overall appeal and market value.
These community features contribute significantly to the overall desirability and value of a property. For 160 North Eagle Creek Drive, Lexington, KY, the quality of these features within the Eagle Creek neighborhood plays a crucial role in its market appeal. Analyzing these features provides valuable insights for potential buyers and investors seeking to understand the broader context of the property’s location and its surrounding community. These elements contribute to the overall assessment of a property, encompassing not only its physical attributes but also the intangible qualities that make a neighborhood a desirable place to live.
9. Tax Assessment
Tax assessment, concerning a specific property like 160 North Eagle Creek Drive, Lexington, KY, refers to the valuation process conducted by local authorities to determine the property’s taxable value. This assessed value serves as the basis for calculating property taxes, a significant source of revenue for local governments. The assessment process typically involves evaluating various factors, including the property’s characteristics, recent sales of comparable properties, and prevailing market conditions. The assessed value may not always align perfectly with the property’s market value, as determined by real estate appraisals or market analyses. Discrepancies can arise due to variations in valuation methodologies or timing differences between assessments and market fluctuations.
The tax assessment of 160 North Eagle Creek Drive directly impacts the annual property tax liability for the owner. Property taxes fund essential local services, including schools, infrastructure maintenance, and public safety. Understanding the tax assessment process and its implications is crucial for property owners. Challenges can arise if the assessed value is perceived as inaccurate or unfairly high. Property owners typically have the right to appeal assessments they believe are incorrect, initiating a process that may involve presenting evidence to support their case. The outcome of such appeals can significantly affect the property owner’s tax burden. For example, a successful appeal resulting in a lower assessed value reduces the annual property tax owed. Conversely, an unsuccessful appeal maintains the original assessed value and corresponding tax liability.
In summary, tax assessment constitutes a critical component of property ownership. For 160 North Eagle Creek Drive, Lexington, KY, the tax assessment directly influences the financial obligations associated with owning the property. Understanding this process, including the factors influencing assessed value and the potential for appeals, empowers property owners to manage their tax liabilities effectively. Tax assessments, by providing a revenue stream for local governments, play a crucial role in supporting community services and infrastructure.
Frequently Asked Questions
This section addresses common inquiries regarding properties located at addresses like 160 North Eagle Creek Drive, Lexington, KY, providing concise and informative responses.
Question 1: How is market value determined for a specific property?
Market value is typically estimated through comparable sales analysis, considering recent sales of similar properties in the area. Adjustments are made for differences in features, condition, and location. Prevailing market conditions, including supply and demand dynamics, also influence valuations.
Question 2: What is the significance of zoning regulations?
Zoning regulations dictate permitted land uses and development standards. These regulations impact property value by defining allowable activities and potential development restrictions. Compliance with zoning ordinances is essential for property owners and developers.
Question 3: How do nearby amenities influence property values?
Proximity to desirable amenities, such as schools, parks, shopping centers, and healthcare facilities, enhances a property’s appeal and can positively influence its market value. Access to these amenities contributes to convenience and quality of life.
Question 4: What is the role of a tax assessment?
Tax assessments determine the taxable value of a property, which serves as the basis for calculating property taxes. This valuation process considers property characteristics, comparable sales data, and market conditions. Property taxes fund local services and infrastructure.
Question 5: How does neighborhood context impact property values?
Neighborhood characteristics, including demographics, school quality, crime rates, and overall aesthetics, influence property values. Desirable neighborhoods with strong community features tend to command higher prices.
Question 6: What are the key considerations regarding accessibility?
Accessibility encompasses ease of access to transportation networks, essential services, and the property itself. Proximity to major roadways, public transportation, and amenities enhances convenience and impacts property desirability.
Understanding these aspects contributes to a comprehensive assessment of properties within specific locations. Further research and consultation with local experts can provide additional insights tailored to individual circumstances.
This FAQ section offers a preliminary understanding of key factors influencing property ownership. More detailed information specific to 160 North Eagle Creek Drive, Lexington, KY, can be obtained through further research or consultation with local real estate professionals. The next section will explore additional aspects relevant to property analysis and valuation.
Tips for Researching a Property
Thorough research is essential when evaluating a property. The following tips offer guidance for gathering information and conducting due diligence, applicable to any property, including one located at an address like 160 North Eagle Creek Drive, Lexington, KY.
Tip 1: Utilize Online Resources: Leverage online real estate platforms, property search websites, and local government resources to gather data on property details, recent sales, tax assessments, and zoning information. These resources provide valuable preliminary insights.
Tip 2: Consult Local Experts: Engage real estate agents, appraisers, and property inspectors familiar with the local market. Their expertise provides valuable perspectives on market trends, property valuations, and potential issues.
Tip 3: Analyze Neighborhood Dynamics: Research neighborhood demographics, crime rates, school quality, and community features. Understanding the neighborhood context provides crucial insights into a property’s desirability and potential value.
Tip 4: Review Property History: Examine historical records, including past ownership, sales prices, and any liens or easements. Understanding a property’s history can reveal potential issues or opportunities.
Tip 5: Assess Accessibility and Infrastructure: Evaluate transportation networks, proximity to amenities, and the reliability of utilities and internet access. Accessibility impacts convenience and quality of life.
Tip 6: Consider Zoning Regulations: Research applicable zoning regulations to understand permitted land uses and development restrictions. Compliance with zoning ordinances is crucial for property owners and developers.
Tip 7: Evaluate Market Conditions: Analyze prevailing market trends, including supply and demand dynamics, interest rates, and economic conditions. Market conditions influence property valuations and investment decisions.
Diligent research, incorporating these tips, empowers informed decision-making in real estate. Understanding these factors contributes to a comprehensive assessment of a property’s potential and suitability for specific needs.
By following these tips, individuals can gain a thorough understanding of a property and its surrounding context. This information empowers informed decisions regarding real estate transactions and long-term investments. The subsequent conclusion will synthesize key insights and offer final recommendations.
Conclusion
Analysis of the property located at 160 North Eagle Creek Drive, Lexington, KY, necessitates a comprehensive evaluation encompassing various factors. Location within the Eagle Creek neighborhood, property-specific details, market value, accessibility, nearby amenities, zoning regulations, community features, and tax assessments contribute significantly to a thorough understanding. Each element plays a crucial role in determining the property’s suitability for specific needs, its potential investment value, and its overall desirability. Understanding the interplay of these factors provides a holistic perspective, enabling informed decision-making.
Further research, including consultation with local real estate professionals and a detailed examination of public records, is recommended for those seeking a deeper understanding. Due diligence regarding property specifics, market dynamics, and regulatory compliance is crucial for successful real estate transactions. The insights presented herein serve as a foundation for continued exploration, empowering individuals to navigate the complexities of property analysis and make informed choices aligned with individual objectives.
