$235,500
SOLD MAY 1, 2025

1077 Armstrong Mill Rd Lexington, KY 40517

Gainesway Neighborhood
2 Beds
2.5 Baths
1,444 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$163 Per Sq Ft

4% Below List Price

40 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • No HOA
  • Deck
  • Attic
  • Detached Garage

About This Home

As of May 2025

BACK ON MARKET WITH UPDATED KITCHEN!!!! This CHARMING 2-bedroom, 3-bath, 2 car garage townhome is an absolute GEM—immaculately maintained, thoughtfully upgraded, and move-in ready! The open-concept floor plan creates a bright, airy atmosphere, with an abundance of natural light flowing throughout with two wood burning fireplaces! The spacious master suite is a true retreat, featuring a **newly remodeled** bath and two generous closets for ample storage. Step outside onto the large deck and enjoy the serene, private setting, with breathtaking views of a wooded lot and tranquil creek. NO HOA Perfectly positioned for college students, first-time homebuyers, or anyone looking for a beautiful, **affordable** home in Lexington!

Last Agent to Sell the Property

Nora Williams

Keller Williams Commonwealth License #283980 Listed on: 03/24/2025

Keller Williams Commonwealth

Last Buyer's Agent

Ciara Isaacs Hagedorn

RE/MAX Elite Lexington License #222582

RE/MAX Elite Lexington

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,913

Year Built

  • Built in 1979

Home Design

  • Block Foundation
  • Dimensional Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Utility Room
  • Pull Down Stairs to Attic
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Carport
  • Driveway

Schools

  • Tates Creek Elementary And Middle School
  • Not Applicable Middle School
  • Tates Creek High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Deck
  • 9,148 Sq Ft Lot

Community Details

  • No Home Owners Association
  • River Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13931300

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,913

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Townhouse
  • Structure Type: Duplex
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 1444.0
  • Levels: Two
  • New Construction: No
  • Location Tax Legal Info:Elementary School: Tates Creek
  • Location Tax Legal Info:Middle or Junior School: Tates Creek
  • Location Tax Legal Info:High School: Tates Creek
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2025-02-20
  • General Property Description:Lot Size Acres: 0.21
  • General Property Description:Above Grade Finished Area: 1444.0
  • General Property Description:Below Grade Unfinished Area: 336.0
  • General Property Description:Waterfront: No
  • Utilities:Electricity2: Electricity Available
  • Utilities Sewer: Sewer Available
  • Water: Water Available
  • Stories:Two2: Yes
  • Roof:Dimensional Style: Yes
  • Basement: No
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Attic:Attic YN: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • HOA Information:HOACondo Mandatory YN: No
  • Foundation Details:Block3: Yes
  • Cooling:Electric2: Yes
  • Pool Features:Pool YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Attic:Pull Down Stairs: Yes
  • View:Other48: Yes
  • Structure Type:Duplex2: Yes
  • General Property Description:Finished Area Total: 1444.0
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Electric Water Heater, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Washer
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Dining Area
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: No
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Living Room, Primary Bedroom
  • Fireplace: Yes
  • Lot Size Area: 0.21
  • Fireplace Features:Fireplace YN: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Dining Area2: Yes
  • Interior Features:Eat-in Kitchen2: Yes
  • Interior Features:Breakfast Bar: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Primary Bedroom: Yes
  • Fireplace Features:Living Room3: Yes
  • General Property Description:_pound_ of Primary Bedrooms: 1
  • General Property Description:_pound_ of Half Baths: 1
  • Rooms:_pound_ of Bedrooms2: 1

Exterior Features

  • Exterior Features: Deck
  • Roof: Dimensional Style
  • Construction Materials: Wood Siding
  • Foundation Details: Block
  • List Price: 244500.0
  • Pool Private: No
  • View: Other
  • Exterior Features:Deck: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Heat Pump, Electric
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Main Level
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Tates Creek
  • High School: Tates Creek
  • Middle or Junior School: Tates Creek

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148.0
  • Parcel Number: 13931300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2025
Closed on
Jun 16, 2025
Sold by
Elder Contracting Llc
Bought by
Smith Family Golden Rule Of 72 Holdings Llc
Seller's Agent
Nora Williams
Keller Williams Commonwealth
Buyer's Agent
Ciara Isaacs Hagedorn
RE/MAX Elite Lexington
List Price
$244,500
Sold Price
$235,500
Premium/Discount to List
-$9,000
-3.68%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$600,000
Outstanding Balance
$600,000
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$362,599

Purchase Details

Listed on
Mar 24, 2025
Closed on
May 1, 2025
Sold by
Leskiv Vasil
Bought by
Smith Family Ventures Llc
Seller's Agent
Nora Williams
Keller Williams Commonwealth
Buyer's Agent
Ciara Isaacs Hagedorn
RE/MAX Elite Lexington
List Price
$244,500
Sold Price
$235,500
Premium/Discount to List
-$9,000
-3.68%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$600,000
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$362,599

Purchase Details

Closed on
Sep 20, 2024
Sold by
Williams Bernard Cornelius and Williams Shayla
Bought by
Leskiv Vasil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.08%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 21, 2020
Closed on
Mar 13, 2020
Sold by
Murray Allison
Bought by
Williams Anthony
Seller's Agent
Jessica O'Bryan-Coats
The Local Agents
Buyer's Agent
Tyanne Whitworth
RE/MAX Elite Lexington
List Price
$135,000
Sold Price
$133,500
Premium/Discount to List
-$1,500
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
Mar 6, 2014
Sold by
Taylor David B
Bought by
Murray Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,188
Interest Rate
4.12%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $850,000 None Listed On Document
Warranty Deed $850,000 None Listed On Document
Warranty Deed $235,000 True Title
Deed $150,000 Land Group Real Estate Title &
Deed $150,000 Land Group Real Estate Title &
Deed $133,500 --
Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Credit Line Revolving
Closed $600,000 Credit Line Revolving
Previous Owner $150,000 Construction
Previous Owner $98,188 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 For Rent $1,950 0.0% --
05/01/2025 05/01/25 Sold $235,500 -3.7% $163 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
03/24/2025 03/24/25 For Sale $244,500 +3.8% $169 / Sq Ft
03/20/2025 03/20/25 Off Market $235,500 -- --
03/07/2025 03/07/25 Price Changed $244,500 -2.2% $169 / Sq Ft
03/04/2025 03/04/25 For Sale $249,900 0.0% $173 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $249,900 +87.2% $173 / Sq Ft
03/06/2020 03/06/20 Sold $133,500 -1.1% $92 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $135,000 -- $93 / 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 $1,913 $154,700 $0 $0
2023 $1,913 $154,700 $0 $0
2022 $1,705 $133,500 $0 $0
2021 $1,705 $133,500 $0 $0
2020 $1,423 $111,400 $0 $0
2019 $1,423 $111,400 $0 $0
2018 $1,277 $100,000 $0 $0
2017 $1,217 $100,000 $0 $0
2015 $1,175 $100,000 $0 $0
2014 $1,175 $100,000 $0 $0
2012 $1,175 $105,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25003040

ImagineMLS (Bluegrass REALTORS®)

APN: 13931300