NOT LISTED FOR SALE

1422 Equestrian Way Frankfort, KY 40601

Estimated Value: $219,571

3 Beds
2 Baths
1,216 Sq Ft
$181/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $168,000 $138 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,337/month

15 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Walk-In Closet
  • 1 Car Attached Garage
  • Brick Veneer
  • Cooling Available

About This Home

As of December 2020

Charming move-in ready 3br2ba home in sought after Silver Lake. Bright open kitchen, cozy fireplace and lots of fresh paint. Backyard is an oasis with large patio, 1000 gallon koi pond, and professionally designed landscaping.

Last Agent to Sell the Property

Heather Housman

Bluegrass Realty & Investments License #218013 Listed on: 10/28/2020

Last Buyer's Agent

Kimberly Holtegel

ERA Select Real Estate License #221226

ERA Select Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,028

Year Built

  • Built in 1996

Lot Details

  • Privacy Fence
  • Many Trees

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Veneer
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Insulated Doors
  • Living Room with Fireplace
  • Utility Room
  • Attic Access Panel
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio
  • Shed

Schools

  • Hearn Elementary School
  • Elkhorn Middle School
  • Franklin Co High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Air Source Heat Pump
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 085-50-05-052.00

Community Details

Overview

  • Silver Lake Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,028

Year Built

Built in 1996

Lot Details

0

HOA Fees

$8 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1996
  • Above Grade Finished Sq Ft: 1216.0
  • Levels: One
  • New Construction: No
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Appliances Refrigerators: Yes
  • Roof:Composition: Yes
  • Foundation Details:Slab: Yes
  • Fencing:Privacy: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Hardwood, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • LivingArea: 1216.0
  • Window Features: Blinds, Insulated Windows
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Roof: Composition
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Fencing: Privacy
  • Foundation Details: Slab
  • List Price: 159000.0
  • Lot Features: Many Trees
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Storm Door(s): Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached Garage, Garage Door Opener, Garage Faces Rear, Off Street

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Forced Air
  • Cooling: Electric, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Main Level, Washer Hookup
  • Utilities: Electricity Connected
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Park

Schools

  • Elementary School: Hearn
  • High School: Franklin Co
  • Middle or Junior School: Elkhorn Middle

Lot Info

  • Parcel Number: 085-50-05-052.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Dec 21, 2020
Sold by
Bushong Ann Michele and Lawhon Robert D
Bought by
Ramey Kenny and Ramey Stephanie
Seller's Agent
Heather Housman
Bluegrass Realty & Investments
Buyer's Agent
Kimberly Holtegel
ERA Select Real Estate
List Price
$159,000
Sold Price
$168,000
Premium/Discount to List
$9,000
5.66%
Current Estimated Value
$219,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,571
Avg. Annual Appreciation
5.79%
Original Mortgage
$6,000
Outstanding Balance
$3,674
Interest Rate
2.19%
Mortgage Type
New Conventional
Estimated Equity
$215,897

Purchase Details

Listed on
Jan 16, 2012
Closed on
Mar 1, 2012
Sold by
Shackelford Charles F and Shackelford Virginia C
Bought by
Bushong Michele
Seller's Agent
Kyra Quarles
CENTURY 21 Commonwealth R E
Buyer's Agent
Jackie Nickell
CENTURY 21 Commonwealth Real Estate
List Price
$114,000
Sold Price
$114,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$111,100
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
Ramey Kenny $168,000 Foundation T&E Lexington
Bushong Michele $114,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramey Kenny $6,000
Open Ramey Kenny $154,885
Previous Owner Bushong Michele $111,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $168,000 +5.7% $138 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
11/08/2020 11/08/20 For Sale $159,000 0.0% $131 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $159,000 +39.5% $131 / Sq Ft
03/01/2012 03/01/12 Sold $114,000 0.0% $94 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
01/16/2012 01/16/12 For Sale $114,000 -- $94 / 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 $2,028 $168,000 $0 $0
2023 $2,008 $168,000 $0 $0
2022 $324 $168,000 $0 $0
2021 $1,973 $168,000 $0 $0
2020 $1,410 $119,000 $20,000 $99,000
2019 $1,440 $119,000 $20,000 $99,000
2018 $1,376 $114,000 $20,000 $94,000
2017 $227 $114,000 $20,000 $94,000
2016 $1,300 $114,000 $20,000 $94,000
2015 $1,035 $114,000 $20,000 $94,000
2011 $1,035 $119,500 $20,000 $99,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20022473

ImagineMLS (Bluegrass REALTORS®)

APN: 085-50-05-052.00