NOT LISTED FOR SALE

1124 Grimball Trace Lexington, KY 40509

Liberty Area Neighborhood

Estimated Value: $495,000 - $530,000

4 Beds
2.5 Baths
2,416 Sq Ft
$214/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $474,000 $196 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,251/month

39 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Great Room with Fireplace
  • Frederick Douglass High School Rated A-
  • Main Floor Primary Bedroom
  • Neighborhood Views

About This Home

As of January 2024

Seller will pay up to $5K of buyers closing costs with acceptable offer. Seller's loss is your gain! It's your perfect opportunity to own a beautifully maintained 4 bedroom home in desirable Summerfield at a price WELL BELOW RECENT APPRAISAL. Many upgrades including coffered ceiling, double vanities and board and batten trim. Unfinished basement adds 1,383 square feet to complete as you like - full bath and wet bar/kitchenette stubbed in. Easy to show.

Last Agent to Sell the Property

Zova Rothchild

Keller Williams Legacy Group License #277360 Listed on: 10/13/2023

Keller Williams Legacy Group

Co-Listed By

Jenny Mateyoke

Keller Williams Legacy Group License #206735

Last Buyer's Agent

Lyndsay Conley

Keller Williams Legacy Group License #260227

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,861

Year Built

  • Built in 2017

Lot Details

  • 6,686 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
  • Dimensional Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,416 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Dining Room
  • Utility Room
  • Neighborhood Views
  • Attic Access Panel
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Liberty Elementary School
  • Crawford Middle School
  • Frederick Douglass High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Natural Gas Connected
  • Electric Water Heater

Community Details

  • Summerfield Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number 38260630

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,861

Year Built

Built in 2017

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Year Built: 2017
  • Above Grade Finished Sq Ft: 2416.0
  • Levels: Two
  • New Construction: No
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Roof:Dimensional Style: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: 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
  • Appliances Refrigerators: Yes
  • Fencing:Privacy: Yes
  • Fencing:Wood2: Yes
  • Cooling:Zoned: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Bath/Stubbed, Full, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplace: Yes
  • LivingArea: 2416.0
  • Lot Size Area: 0.15
  • Window Features: Blinds, Insulated Windows, Screens
  • Basement:BathStubbed: Yes
  • Full Basement: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Fencing: Privacy, Wood
  • Foundation Details: Concrete Perimeter
  • Home Warranty: No
  • List Price: 479000.0
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Private: No
  • View: Neighborhood
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached Garage, Driveway, Garage Door Opener, Garage Faces Front
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Heat Pump, Zoned
  • Cooling: Electric, Zoned
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Security Features: Security System Owned
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Liberty
  • High School: Frederick Douglass
  • Middle or Junior School: Crawford

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6686.0
  • Parcel Number: 38260630

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Jan 3, 2024
Sold by
Terrell Jane Brook and Terrell John Francis
Bought by
Milam Michael R
Seller's Agent
Zova Rothchild
Keller Williams Legacy Group
Buyer's Agent
Lyndsay Conley
Keller Williams Legacy Group
List Price
$512,500
Sold Price
$474,000
Premium/Discount to List
-$38,500
-7.51%
Views
114
Current Estimated Value
$517,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,938
Avg. Annual Appreciation
5.14%
Original Mortgage
$294,000
Outstanding Balance
$289,177
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$228,761

Purchase Details

Listed on
May 1, 2023
Closed on
Apr 28, 2023
Sold by
Rothchild Martin Allan and Rothchild Zova M
Bought by
Terrell Jane Brook and Terrell John Francis
Seller's Agent
Zova Rothchild
Keller Williams Legacy Group
Buyer's Agent
Jenny Mateyoke
Keller Williams Legacy Group
List Price
$489,900
Sold Price
$489,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.74%

Purchase Details

Listed on
Feb 1, 2017
Closed on
Apr 12, 2017
Sold by
Vanzant Prop Llc
Bought by
Rothchild Martin Allan and Rothchild Zova M
Seller's Agent
Rebecca Griggs Kundinger
WEICHERT REALTORS - ABG Properties
Buyer's Agent
Rebecca Griggs Kundinger
WEICHERT REALTORS - ABG Properties
List Price
$344,900
Sold Price
$344,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$327,655
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 2016
Sold by
Haymaker Dev Co Llc
Bought by
Vanzant Prop Llc
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
Milam Michael R $474,000 Bluegrass Land Title
Terrell Jane Brook $489,900 Bluegrass Land Title
Rothchild Martin Allan $344,900 --
Vanzant Prop Llc $63,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milam Michael R $294,000
Previous Owner Vanzant Prop Llc $327,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2024 10/20/24 Off Market $474,000 -- --
10/20/2024 10/20/24 Off Market $489,900 -- --
01/03/2024 01/03/24 Sold $474,000 -1.0% $196 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
11/04/2023 11/04/23 Price Changed $479,000 -0.2% $198 / Sq Ft
10/25/2023 10/25/23 Price Changed $480,000 -4.0% $199 / Sq Ft
10/19/2023 10/19/23 Price Changed $500,000 -2.4% $207 / Sq Ft
10/13/2023 10/13/23 For Sale $512,500 +4.6% $212 / Sq Ft
05/01/2023 05/01/23 For Sale $489,900 0.0% $203 / Sq Ft
04/28/2023 04/28/23 Sold $489,900 +25684.2% $203 / Sq Ft View Prior Sale
04/28/2023 04/28/23 Pending -- -- --
06/19/2018 06/19/18 Rented $1,900 0.0% --
06/19/2018 06/19/18 Under Contract -- -- --
06/13/2018 06/13/18 For Rent $1,900 0.0% --
03/31/2017 03/31/17 Sold $344,900 0.0% $143 / Sq Ft View Prior Sale
02/20/2017 02/20/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $344,900 -- $143 / 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 $5,861 $474,000 $0 $0
2023 $5,089 $411,500 $0 $0
2022 $4,406 $344,900 $0 $0
2021 $4,406 $344,900 $0 $0
2020 $4,406 $344,900 $0 $0
2019 $4,406 $344,900 $0 $0
2018 $4,406 $344,900 $0 $0
2017 $3,169 $303,500 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2024

    Zova Rothchild

    Keller Williams Legacy Group

    (859) 806-1992

    2 in this area

    61 Total Sales

    Zova Rothchild
    Section Image
  • Jenny Mateyoke

    Seller Co-Listing Agent in 2024

    Jenny Mateyoke

    Keller Williams Legacy Group

    (859) 533-9427

    17 in this area

    375 Total Sales

    Jenny Mateyoke
    Section Image

  • L

    Buyer's Agent in 2024

    Lyndsay Conley

    Keller Williams Legacy Group

    Section Image
  • Michael Brickey

    Seller's Agent in 2018

    Michael Brickey

    Keller Williams Commonwealth

    (859) 333-8352

    1 in this area

    63 Total Sales

    Michael Brickey
    Section Image

  • R

    Seller's Agent in 2017

    Rebecca Griggs Kundinger

    WEICHERT REALTORS - ABG Properties

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23019615

ImagineMLS (Bluegrass REALTORS®)

APN: 38260630

Kentucky Fayette County Lexington 40509 Liberty Area

1124 Grimball Trace, Lexington, KY

This home is located at 1124 Grimball Trace, Lexington, KY 40509 since 13 October 2023 and is currently estimated at $517,938, approximately $214 per square foot. This property was built in 2017. 1124 Grimball Trace is a home located in Fayette County with nearby schools including Liberty Elementary School, Crawford Middle School, and Frederick Douglass 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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