NOT LISTED FOR SALE

1256 Gainesway Dr Lexington, KY 40517

Southeastern Hills Neighborhood

Estimated Value: $350,000 - $416,329

3 Beds
2 Baths
1,950 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $215,000 $110 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,421/month

4 Days on Market

Highlights

  • Wood Burning Stove
  • Attic
  • Community Pool
  • Wood Flooring
  • No HOA
  • Tennis Courts

About This Home

As of November 2020

Super cute split level home in Gainesway. 3 bedroom, 2 full bath home with beautiful wood floors, a large front picture window, an eat in kitchen and a stove insert in the basement fireplace. The two car garage and attic give you plenty of room for your cars and toys. Sit on your front porch and enjoy the charm of the neighborhood. Hurry before its sold!!

Last Agent to Sell the Property

Teresa Blakeman

The Brokerage License #218709 Listed on: 10/09/2020

The Brokerage

Last Buyer's Agent

Melissa Moody

United Real Estate Bluegrass License #219289

United Real Estate Bluegrass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,204

Year Built

  • Built in 1942

Lot Details

  • 0.29 Acre Lot
  • Wood Fence
  • Wire Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Brick Veneer
  • Block Foundation
  • Dimensional Roof
  • Composition Roof

Interior Spaces

  • Multi-Level Property
  • Ceiling Fan
  • Wood Burning Stove
  • Self Contained Fireplace Unit Or Insert
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Washer and Gas Dryer Hookup
  • Pull Down Stairs to Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement

Home Security

  • Security System Owned
  • Storm Doors

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 14697725

Community Details

Overview

  • No Home Owners Association
  • Gainesway Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,204

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1942
  • Levels: Multi/Split
  • New Construction: No
  • ResoPropertyType: Residential
  • 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: 2020-10-09
  • General Property Description:Lot Size Acres: 0.29
  • General Property Description:Above Grade Finished Area: 1410.0
  • General Property Description:Waterfront: No
  • Utilities:Electricity2: Electricity Connected
  • Roof:Dimensional Style: Yes
  • Basement: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: 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
  • Utilities:Natural Gas3: Natural Gas Connected
  • Foundation Details:Block3: Yes
  • Fencing:Chain Link: Yes
  • Appliances Refrigerators: Yes
  • Roof:Composition: Yes
  • Flooring:Vinyl: Yes
  • Fencing:Wood2: Yes
  • General Property Description:Below Grade Finished Area: 675.0
  • Attic:Pull Down Stairs: Yes
  • Stories:MultiSplit: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Kitchen Level: First
  • Bathroom 1 Level: Lower
  • Bedroom 1 Level: Lower
  • Dining Room Level: First
  • Living Room Level: First
  • General Property Description:Finished Area Total: 1950.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Security System Owned, Breakfast Bar, Dining Area, Entrance Foyer, Ceiling Fan(s)
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Sump Pump
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 675.0
  • Lot Size Area: 0.29
  • Window Features: Screens, Insulated Windows, Blinds
  • Full Basement: Yes
  • Fireplace Features:Fireplace YN: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Dining Area2: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Security System Owned: Yes
  • Community Features:Pool4: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement:Sump Pump: Yes
  • Fireplace Features:Basement6: Yes
  • Fireplace Features:Insert: Yes
  • Community Features:Park: Yes
  • Community Features:Tennis Court(s): Yes
  • Family Room Level: Lower
  • Foyer Level: First
  • Utility Room Level: First

Exterior Features

  • Construction Materials: Brick Veneer
  • Fencing: Chain Link, Wood
  • List Price: 215000.0
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Exterior Features:Storm Door(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Garage Door Opener
  • Garage Features:Garage YN: Yes
  • Garage Features:Garage Spaces: 2.0
  • Garage Features:Attached: Yes
  • Garage Features:Garage Door Opener: Yes

Utilities

  • Heating: Forced Air, Natural Gas, Wood Stove
  • Heating: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Wood Stove: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Tennis Court(s), Park, Pool

Schools

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

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632.41
  • Parcel Number: 14697725
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Nov 23, 2020
Sold by
Maier Christie and Maier Cole
Bought by
Marchuk Olga
Seller's Agent
Teresa Blakeman
The Brokerage
Buyer's Agent
Melissa Moody
United Real Estate Bluegrass
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$390,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,055
Avg. Annual Appreciation
12.57%
Original Mortgage
$208,550
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2015
Sold by
Bailie Timothy J and Bailie Sarah M
Bought by
Maier Christie and Maier Cole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2009
Sold by
Butcher Dale and Butcher Bonnie S
Bought by
Bailie Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,428
Interest Rate
4.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Marchuk Olga $215,000 --
Maier Christie $145,000 --
Bailie Timothy J $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Kirk Ross $354,678
Closed Bailie Timothy J $208,550
Previous Owner Bailie Timothy J $15,000
Previous Owner Bailie Timothy J $137,750
Previous Owner Bailie Timothy J $139,428
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $215,000 0.0% $110 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $215,000 -- $110 / 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 $4,204 $340,000 $0 $0
2023 $4,204 $340,000 $0 $0
2022 $2,746 $215,000 $0 $0
2021 $2,746 $215,000 $0 $0
2020 $2,376 $186,000 $0 $0
2019 $2,376 $186,000 $0 $0
2018 $1,852 $145,000 $0 $0
2017 $1,765 $145,000 $0 $0
2015 -- $142,000 $0 $0
2014 -- $142,000 $0 $0
2012 -- $142,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Teresa Blakeman

    Seller's Agent in 2020

    Teresa Blakeman

    The Brokerage

    (859) 619-9069

    2 in this area

    124 Total Sales

    Section Image
  • Melissa Moody

    Buyer's Agent in 2020

    Melissa Moody

    United Real Estate Bluegrass

    (859) 227-8799

    2 in this area

    26 Total Sales

    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20021093

ImagineMLS (Bluegrass REALTORS®)

APN: 14697725

Kentucky Fayette County Lexington 40517 Southeastern Hills

1256 Gainesway Dr, Lexington, KY

This home is located at 1256 Gainesway Dr, Lexington, KY 40517 since 09 October 2020 and is currently estimated at $388,332, approximately $199 per square foot. This property was built in 1942. 1256 Gainesway Dr is a home located in Fayette County with nearby schools including Tates Creek Elementary School, Tates Creek Middle School, and Tates Creek 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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