NOT LISTED FOR SALE

1640 Lakewood Dr Lexington, KY 40502

Lakeview Estates Neighborhood

Estimated Value: $1,240,000 - $1,485,000

4 Beds
4 Baths
3,630 Sq Ft
$370/Sq Ft Est. Value

Last Sold June 08, 2016

Last sale price $735,000 $202 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $8,052/month

76 Days on Market

Highlights

  • Secluded Lot
  • Wooded Lot
  • Great Room with Fireplace
  • Cassidy Elementary School Rated A
  • Wood Flooring
  • Tennis Courts

About This Home

As of June 2016

Situated in the heart of Lakewood on a beautifully landscaped lot with gorgeous landscaping and a large screened-in porch and patio to enjoy all the privacy the over half an acre lot provides. Old pine and hemlock trees, huge rhododendrons, azaleas and hydrangea bushes, mature perennial flower beds and picturesque stone walkways. Lovingly maintained ranch featuring an open floorplan in the large great room. Formal dining room. Spacious master bedroom suite in a private area of the home with space for an office or library. Oversized two-car attached garage with bonus room. This home is well suited for someone looking for single floor living or a growing family wanting to enjoy the convenient location to UK, downtown and the Chevy Chase shopping areas. Call now for your private showing.

Last Agent to Sell the Property

Betty Jo Palmer

Bluegrass Sotheby's International Realty License #182602 Listed on: 02/19/2016

Co-Listed By

Meredith Walker

Bluegrass Sotheby's International Realty License #209870

Last Buyer's Agent

J. Richard Queen

Turf Town Properties License #198662

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,421

Year Built

  • Built in 1951

Lot Details

  • 0.69 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Wire Fence
  • Secluded Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Dimensional Roof
  • Shingle Roof

Interior Spaces

  • 3,630 Sq Ft Home
  • Fireplace Features Masonry
  • Insulated Windows
  • Blinds
  • Insulated Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Utility Room
  • Washer and Gas Dryer Hookup
  • Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Cassidy Elementary School
  • Morton Middle School
  • Henry Clay High School

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 21548400

Community Details

Overview

  • Lakewood Subdivision

Recreation

  • Tennis Courts
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,421

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1951
  • Above Grade Finished Sq Ft: 3630.0
  • Levels: One
  • New Construction: No
  • Roof:Dimensional Style: 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
  • Appliances Refrigerators: Yes
  • Fencing:Partial2: Yes
  • Fencing:Wood2: Yes
  • Roof:Shingle: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Interior Amenities: Entrance Foyer, Primary Downstairs
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Basement: Concrete
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Great Room, Masonry
  • Fireplace: Yes
  • LivingArea: 3630.0
  • Lot Size Area: 0.69
  • Window Features: Blinds, Insulated Windows, Window Treatments
  • Basement:Concrete: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Roof: Dimensional Style, Shingle
  • Construction Materials: Stone, Brick Veneer
  • Fencing: Partial, Wood
  • List Price: 794000.0
  • Lot Features: Secluded, Wooded
  • 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
  • Window Features:Window Treatments: Yes
  • Lot Features:Secluded: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas, Zoned
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Park, Tennis Court(s)

Schools

  • Elementary School: Cassidy
  • High School: Henry Clay
  • Middle or Junior School: Morton

Lot Info

  • Lot Size Acres: 0.69
  • Lot Size Sq Ft: 30056.43
  • Parcel Number: 21548400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2016
Closed on
Jun 13, 2016
Sold by
Ellis Guy T and Ellis Betty C
Bought by
Teakwood Prop Llc
Seller's Agent
Betty Jo Palmer
Bluegrass Sotheby's International Realty
Buyer's Agent
J. Richard Queen
Turf Town Properties
List Price
$735,000
Sold Price
$735,000
Current Estimated Value
$1,344,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$609,304
Avg. Annual Appreciation
6.71%

Purchase Details

Closed on
Oct 27, 2006
Sold by
Jackson David L and Jackson Jennifer A
Bought by
Ellis Guy T and Ellis Betty C
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
Teakwood Prop Llc $735,000 --
Ellis Guy T $900,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2016 06/08/16 Sold $735,000 0.0% $202 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $735,000 -- $202 / 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 $11,421 $970,000 $0 $0
2023 $11,421 $970,000 $0 $0
2022 $11,873 $970,000 $0 $0
2021 $11,113 $870,000 $0 $0
2020 $11,113 $870,000 $0 $0
2019 $11,113 $870,000 $0 $0
2018 $10,240 $801,600 $0 $0
2017 $8,948 $735,000 $0 $0
2015 $9,691 $900,000 $0 $0
2014 $9,691 $864,000 $0 $0
2012 $9,691 $900,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Betty Jo Palmer

    Bluegrass Sotheby's International Realty

  • Meredith Walker

    Seller Co-Listing Agent in 2016

    Meredith Walker

    Bluegrass Sotheby's International Realty

    (859) 312-8417

    5 in this area

    211 Total Sales

    Meredith Walker
    Section Image
  • J. Richard Queen

    Buyer's Agent in 2016

    J. Richard Queen

    Turf Town Properties

    (859) 221-3616

    5 in this area

    188 Total Sales

    J. Richard Queen
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1602635

ImagineMLS (Bluegrass REALTORS®)

APN: 21548400

Kentucky Fayette County Lexington 40502 Lakeview Estates

1640 Lakewood Dr, Lexington, KY

This home is located at 1640 Lakewood Dr, Lexington, KY 40502 since 19 February 2016 and is currently estimated at $1,344,304, approximately $370 per square foot. This property was built in 1951. 1640 Lakewood Dr is a home located in Fayette County with nearby schools including Cassidy Elementary School, Morton 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.

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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