NOT LISTED FOR SALE

1418 Ridgecrest Dr Lexington, KY 40517

Tates Creek Neighborhood

Estimated Value: $242,000 - $262,000

3 Beds
1.5 Baths
1,344 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $215,000 $160 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,583/month

9 Days on Market

Highlights

  • Neighborhood Views
  • Cooling Available
  • Tile Flooring
  • Edythe Jones Hayes Middle School Rated A
  • Park
  • Forced Air Heating System

About This Home

As of July 2023

You will want to make the time to see this 3 bedroom 1 1/2 bath home with upgrades. This townhome has large fenced in backyard with plenty of space for kids to play, family barbecue, or enjoying time relaxing on the deck. This home has a one car garage for your auto or storage. Seller is under contract to for a new roof to be put on the week of May 22nd. No contingency offers for selling a home , as sellers are under contract to purchase another home.
Updates per sellers: new appliances in 2022, new toilets 2023, new HVAC 2022, new double level porch/deck 2022, 12 x 16 storage shed built in 2022, new roof will be installed week of May 22, 2023 . Driveway can fit 3 cars/trucks, fresh paint, bonus area ( classroom in photos), tiny greenhouse for plant lovers, huge attic space.

Last Agent to Sell the Property

Brenda Pike

Charlene Clark & Associates, LLC License #194974 Listed on: 05/17/2023

Last Buyer's Agent

Desiree Merritt

Waizenhofer Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,659

Year Built

  • Built in 1985

Lot Details

  • Wood Fence
  • Wire Fence

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • Living Room with Fireplace
  • Neighborhood Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Julius Marks Elementary School
  • Edythe J. Hayes Middle School
  • Henry Clay High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 10025720

Community Details

Overview

  • Park Hills Subdivision

Recreation

  • Park

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,659

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Townhouse
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 1344.0
  • Levels: Two
  • New Construction: No
  • View:Neighborhood: Yes
  • Flooring:Carpet: 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
  • Foundation Details:Block3: Yes
  • Fencing:Wood2: Yes
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • LivingArea: 1344.0
  • Lot Size Area: 0.24
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Aluminum Siding
  • Fencing: Wood
  • Foundation Details: Block
  • List Price: 222000.0
  • Other Structures: Shed(s)
  • View: Neighborhood
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached Garage, Driveway, Off Street
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Forced Air
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Park

Schools

  • Elementary School: Julius Marks
  • High School: Henry Clay
  • Middle or Junior School: Edythe J. Hayes

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454.0
  • Parcel Number: 10025720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jul 5, 2023
Sold by
Raymond Patrick and Raymond Jessie R
Bought by
Mcpherson Alexis
Seller's Agent
Brenda Pike
Charlene Clark & Associates, LLC
Buyer's Agent
Desiree Merritt
Waizenhofer Real Estate
List Price
$230,000
Sold Price
$215,000
Premium/Discount to List
-$15,000
-6.52%
Views
154
Current Estimated Value
$251,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,725
Avg. Annual Appreciation
7.57%
Original Mortgage
$208,550
Outstanding Balance
$203,984
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$47,741

Purchase Details

Listed on
Aug 26, 2015
Closed on
Nov 9, 2015
Sold by
Draper Donald and Draper Lori B
Bought by
Raymond Patrick
Seller's Agent
Lori Draper
Commonwealth Real Estate Professionals
Buyer's Agent
Brenda Pike
Charlene Clark & Associates, LLC
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$107,908
Interest Rate
3.75%
Mortgage Type
FHA
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
Mcpherson Alexis $215,000 Land Group Real Estate Title &
Raymond Patrick $109,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcpherson Alexis $208,550
Previous Owner Raymond Patrick $126,000
Previous Owner Raymond Patrick $107,908
Previous Owner Raymond Patrick $5,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2023 07/05/23 Sold $215,000 -3.2% $160 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
05/26/2023 05/26/23 Price Changed $222,000 -3.5% $165 / Sq Ft
05/17/2023 05/17/23 For Sale $230,000 +109.3% $171 / Sq Ft
11/06/2015 11/06/15 Sold $109,900 0.0% $82 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $109,900 -- $82 / 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 $2,659 $215,000 $0 $0
2023 $1,578 $127,600 $0 $0
2022 $1,630 $127,600 $0 $0
2021 $1,630 $127,600 $0 $0
2020 $1,404 $109,900 $0 $0
2019 $1,404 $109,900 $0 $0
2018 $1,404 $109,900 $0 $0
2017 $1,338 $109,900 $0 $0
2015 $1,220 $109,000 $0 $0
2014 $1,220 $109,000 $0 $0
2012 $1,220 $109,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brenda Pike

    Charlene Clark & Associates, LLC

    (859) 983-0663

    1 in this area

    27 Total Sales

    Brenda Pike
    Section Image

  • D

    Buyer's Agent in 2023

    Desiree Merritt

    Waizenhofer Real Estate

  • L

    Seller's Agent in 2015

    Lori Draper

    Commonwealth Real Estate Professionals

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23008953

ImagineMLS (Bluegrass REALTORS®)

APN: 10025720

Kentucky Fayette County Lexington 40517 Tates Creek

1418 Ridgecrest Dr, Lexington, KY

This home is located at 1418 Ridgecrest Dr, Lexington, KY 40517 since 17 May 2023 and is currently estimated at $251,725, approximately $187 per square foot. This property was built in 1985. 1418 Ridgecrest Dr is a home located in Fayette County with nearby schools including Julius Marks Elementary School, Edythe Jones Hayes Middle School, and Henry Clay 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.

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