NOT LISTED FOR SALE

1948 Covington Dr Lexington, KY 40509

Liberty Area Neighborhood

Estimated Value: $527,992 - $574,000

3 Beds
2.5 Baths
2,956 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $375,000 $127 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,321/month

Highlights

  • New Construction
  • Wood Flooring
  • Bonus Room
  • Frederick Douglass High School Rated A-
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage

About This Home

As of June 2019

Move in Ready home in Summerfield! The Kennedy with walkout basement by James Monroe Homes! Features over 2,956 square feet with many amenities to WOW any buyer. Experience the James Monroe Homes difference through our app, Exclusive Build with Confidence Written Guarantee, & Inspiring Design Center. Call today to schedule a showing of this High-Performance Home!

Last Agent to Rent the Property

Iris Todd

Bluegrass Property Exchange License #217832 Listed on: 05/16/2019

Last Renter's Agent

Iris Todd

Bluegrass Property Exchange License #217832 Listed on: 05/16/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,070

Year Built

  • 2017

HOA Fees

  • $23 per month

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Veneer
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Factory Built Fireplace
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Unfinished Basement
  • Walk-Out Basement
  • Attic Access Panel

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Schools

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

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Electric Water Heater

Community Details

  • Summerfield Subdivision

Listing and Financial Details

  • Security Deposit $2,500

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,070

Year Built

2017

Lot Details

0

HOA Fees

$23 per month

Parking

2

Rental Info

  • Pets Allowed: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub-Type: Single Family Residence
  • Levels: Two
  • New Construction: No
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 2017

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Interior Amenities: Primary Downstairs
  • Flooring: Carpet, Hardwood, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Concrete, Unfinished, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 3
  • Fireplace Features: Factory Built
  • Fireplace: Yes
  • Owner Pays: Other
  • Basement:Concrete: Yes
  • Fireplace Features:Factory Built: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Construction Materials: Stone, Vinyl Siding, Brick Veneer
  • List Price: 2500.0
  • Property Condition: New Construction
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Jun 5, 2019
Sold by
Via Vitae Dev Llc
Bought by
Jcm Llc
Seller's Agent
Iris Todd
Bluegrass Property Exchange
Buyer's Agent
Iris Todd
Bluegrass Property Exchange
Sold Price
$2,500
Current Estimated Value
$548,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,748
Avg. Annual Appreciation
6.10%
Original Mortgage
$300,000
Outstanding Balance
$264,303
Interest Rate
4.2%
Mortgage Type
Unknown
Estimated Equity
$283,945
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
Jcm Llc $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jcm Llc $300,000
Closed Jcm Llc $75,000
Previous Owner Jcm Llc $300,000
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 $375,000 -- --
06/13/2019 06/13/19 Rented $2,500 -99.3% --
06/13/2019 06/13/19 Under Contract -- -- --
05/31/2019 05/31/19 Sold $375,000 +14900.0% $127 / Sq Ft View Prior Sale
05/31/2019 05/31/19 Pending -- -- --
05/16/2019 05/16/19 For Rent $2,500 0.0% --
03/05/2019 03/05/19 For Sale $375,000 -- $127 / 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 $5,070 $410,000 $0 $0
2023 $5,070 $410,000 $0 $0
2022 $4,790 $375,000 $0 $0
2021 $4,790 $375,000 $0 $0
2020 $4,790 $375,000 $0 $0
2019 $5,046 $395,000 $0 $0
2018 $2,755 $215,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cassie Beach

    Seller's Agent in 2019

    Cassie Beach

    RE/MAX

    (859) 893-1092

    124 Total Sales

    Cassie Beach
    Section Image
  • Iris Todd

    Landlord's Agent in 2019

    Iris Todd

    Bluegrass Property Exchange

    (859) 396-3267

    4 Total Sales

    Iris Todd
    Section Image

  • N

    Seller Co-Listing Agent in 2019

    Natalina F Mason

    RE/MAX

  • Crystal Towe

    Buyer's Agent in 2019

    Crystal Towe

    The Real Estate Group

    (859) 492-8861

    2 in this area

    101 Total Sales

    Crystal Towe
    Section Image

  • J

    Buyer Co-Listing Agent in 2019

    Jennifer Hawkins

    RE/MAX

    Section Image
See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1910870

ImagineMLS (Bluegrass REALTORS®)

APN: 38267750

Kentucky Fayette County Lexington 40509 Liberty Area

1948 Covington Dr, Lexington, KY

This home is located at 1948 Covington Dr, Lexington, KY 40509 since 16 May 2019 and is currently priced at $548,248. This property was built in 2017. 1948 Covington Dr 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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