1116 Grimball Trace Lexington, KY 40509
Liberty Area NeighborhoodEstimated payment $3,714/month
Highlights
- Fireplace in Kitchen
- Deck
- Wood Flooring
- Frederick Douglass High School Rated A-
- Vaulted Ceiling
- Main Floor Primary Bedroom
About This Home
Welcome Home to 1116 Grimball Trace in the highly sought-after Summerfield community! As you enter, you're welcomed by a grand two-story foyer that leads to a formal dining room with vaulted ceilings—perfect for both everyday meals and special occasions. The spacious kitchen, just off the dining room, features a large walk-in pantry and is equipped with double ovens, stainless steel appliances, and a refrigerator included. A cozy breakfast nook overlooks the fenced-in backyard and offers easy access to the covered deck, an ideal spot for morning coffee or evening gatherings. The two-story family room is open and airy, with built-ins framing a warm, inviting fireplace that serves as the room's focal point. Just off the family room is a convenient half bath, as well as the laundry room and direct access to the garage. The primary suite is a serene retreat, located on the main floor for privacy. This spacious bedroom offers a luxurious ensuite bath with a separate tiled shower, a relaxing garden tub, a private water closet, and a generous walk-in closet - everything you need to unwind. Upstairs, you'll find three generously sized bedrooms and a full bath, providing plenty of space for family or guests. But the real showstopper? The finished basement! This incredible space offers a flexible layout with a media area, wet bar, full bath and workout room, complete with rubber matting and double doors that lead to the outdoor space. Need extra storage? The large unfinished area provides ample room for holiday decorations, seasonal items, or anything else you need to tuck away. This home is designed for comfort, convenience, and entertainment at every turn. With so many wonderful features and upgrades, it won't last long on the market.
Listing Agent
Christies International Real Estate Bluegrass License #240915 Listed on: 11/21/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 2016
Lot Details
- 6,077 Sq Ft Lot
- Privacy Fence
- Wood Fence
- Wire Fence
HOA Fees
- $25 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Brick Veneer
- Block Foundation
- Shingle Roof
- Vinyl Siding
- HardiePlank Type
- Stone
Interior Spaces
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Blinds
- Window Screens
- Entrance Foyer
- Living Room with Fireplace
- First Floor Utility Room
- Utility Room
- Neighborhood Views
- Attic Access Panel
- Storm Doors
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Self-Cleaning Oven
- Cooktop
- Microwave
- Disposal
- Fireplace in Kitchen
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Primary bathroom on main floor
- Soaking Tub
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Liberty Elementary School
- Crawford Middle School
- Frederick Douglass High School
Utilities
- Central Air
- Air Source Heat Pump
- Electric Water Heater
Community Details
- Summerfield Subdivision
- Mandatory home owners association
Listing and Financial Details
- Assessor Parcel Number 38260650
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $5,833 | $471,700 | $0 | $0 |
| 2024 | $5,833 | $471,700 | $0 | $0 |
| 2023 | $5,833 | $471,700 | $0 | $0 |
| 2022 | $5,148 | $403,000 | $0 | $0 |
| 2021 | $5,148 | $403,000 | $0 | $0 |
| 2020 | $5,148 | $403,000 | $0 | $0 |
| 2019 | $4,822 | $377,500 | $0 | $0 |
| 2018 | $4,822 | $377,500 | $0 | $0 |
| 2017 | $3,758 | $359,900 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/04/2025 12/04/25 | Pending | -- | -- | -- | |
| 11/30/2025 11/30/25 | Price Changed | $609,000 | -1.8% | $156 / Sq Ft | |
| 11/21/2025 11/21/25 | For Sale | $619,900 | +72.2% | $159 / Sq Ft | |
| 10/20/2024 10/20/24 | Off Market | $359,900 | -- | -- | |
| 10/20/2024 10/20/24 | Off Market | $377,500 | -- | -- | |
| 01/25/2018 01/25/18 | Sold | $377,500 | 0.0% | $143 / Sq Ft | View Prior Sale |
| 12/08/2017 12/08/17 | Pending | -- | -- | -- | |
| 11/17/2017 11/17/17 | For Sale | $377,500 | +4.9% | $143 / Sq Ft | |
| 10/13/2016 10/13/16 | Sold | $359,900 | 0.0% | $136 / Sq Ft | View Prior Sale |
| 08/05/2016 08/05/16 | Pending | -- | -- | -- | |
| 08/04/2016 08/04/16 | For Sale | $359,900 | -- | $136 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $377,500 | -- | |
| Deed | $63,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $303,500 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $302,000 | Unknown | |
| Previous Owner | $272,000 | Unknown |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25506664
APN: 38260650
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