NOT LISTED FOR SALE

1040 Russell Cave Rd Lexington, KY 40505

Estimated Value: $216,000 - $270,977

4 Beds
1.5 Baths
1,762 Sq Ft
$139/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $46,000 $26 Per Sq Ft

Est. 432% increase in value since last sale

Current estimated payment $1,468/month

143 Days on Market

Highlights

  • Deck
  • Brick Veneer
  • Carpet
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of March 2016

Diamond in the rough! This home is in need of some TLC, the right buyer will enjoy sweat equity as a payoff for the upgrades. There are four bedrooms, a full and a half bathroom, a partial basement, fireplace and rear deck. Lots of potential in this rural home. A short drive to restaurants, shopping and schools. Bring your ideas and see what you can do with this home. REO Property. Property Sold AS-IS W/O Repair, Warranty or Seller Disclosure. The Listing Broker & Seller assume no responsibility & make no guarantees, warranties or representations as to the availability or accuracy of information contained herein.

Last Agent to Sell the Property

Christopher Stevens

RealHome Services and Solutions Listed on: 09/29/2015

Last Buyer's Agent

Bennett Clark

RE/MAX Creative Realty License #213085

RE/MAX Creative Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,097

Year Built

  • Built in 1952

Lot Details

  • 0.25

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Veneer
  • Shingle Roof

Interior Spaces

  • 1.5-Story Property
  • Living Room with Fireplace
  • Partially Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Russell Cave Elementary School
  • Winburn Middle School
  • Bryan Station High School

Additional Features

  • Deck
  • 0.25 Acre Lot
  • Forced Air Heating System

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12472100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,097

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1952
  • Levels: One and One Half
  • New Construction: No
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Partially Finished
  • Basement: Yes
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Lot Size Area: 0.25
  • Basement:Partially Finished: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Brick Veneer
  • Foundation Details: Other
  • List Price: 37900.0
  • Patio And Porch Features: Deck
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Electricity Connected, Other
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Russell Cave
  • High School: Bryan Station
  • Middle or Junior School: Winburn

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890.01
  • Parcel Number: 12472100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2015
Closed on
Mar 25, 2016
Sold by
Jpmorgan Chase Bk Na & Tr
Bought by
Niaz Niaz Kashif Kashif and Niaz Kashif
Seller's Agent
Christopher Stevens
RealHome Services and Solutions
Buyer's Agent
Bennett Clark
RE/MAX Creative Realty
List Price
$46,000
Sold Price
$46,000
Current Estimated Value
$244,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,494
Avg. Annual Appreciation
19.03%

Purchase Details

Closed on
Aug 25, 2015
Sold by
Gunn Joyce W and Gunn Donald L
Bought by
U S Bk Na & Tr
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Niaz Niaz Kashif Kashif $48,369 --
U S Bk Na & Tr $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open U S Bk Na & Tr $99,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2016 03/23/16 Sold $46,000 0.0% $26 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
09/29/2015 09/29/15 For Sale $46,000 -- $26 / 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 $2,097 $169,600 $0 $0
2023 $2,097 $169,600 $0 $0
2022 $2,166 $169,600 $0 $0
2021 $1,474 $115,400 $0 $0
2020 $1,474 $115,400 $0 $0
2019 $1,474 $115,400 $0 $0
2018 $1,474 $115,400 $0 $0
2017 $913 $75,000 $0 $0
2015 $1,175 $105,000 $0 $0
2014 $1,175 $105,000 $0 $0
2012 $1,175 $105,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Christopher Stevens

    RealHome Services and Solutions

  • Bennett Clark

    Buyer's Agent in 2016

    Bennett Clark

    RE/MAX

    (859) 333-0570

    31 Total Sales

    Bennett Clark
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1521341

ImagineMLS (Bluegrass REALTORS®)

APN: 12472100

Kentucky Fayette County Lexington 40505

1040 Russell Cave Rd, Lexington, KY

This home is located at 1040 Russell Cave Rd, Lexington, KY 40505 since 29 September 2015 and is currently estimated at $244,494, approximately $138 per square foot. This property was built in 1952. 1040 Russell Cave Rd is a home located in Fayette County with nearby schools including Arlington Elementary School, Bryan Station Middle School, and Bryan Station 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.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.

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