NOT LISTED FOR SALE

1975 Covington Point Lexington, KY 40509

Liberty Area Neighborhood

Estimated Value: $550,000 - $617,518

4 Beds
3 Baths
2,872 Sq Ft
$201/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $400,000 $139 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,408/month

51 Days on Market

Highlights

  • New Construction
  • 0.75 Acre Lot
  • Brick Veneer
  • Frederick Douglass High School Rated A-
  • 2 Car Attached Garage
  • Cooling Available

About This Home

As of April 2020

New Construction by James Monroe Homes NOW COMPLETE! This is the largest lot in all of Summerifeld! This wonderful, open floorpan that sits on 3/4 of an acre! Enjoy over 2000 sqft on the main floor. The Master Suite on the first floor is sure to WOW you with tons of natural light and 6ft king shower! Almost 1000 sqft makes up the open concept kitchen/living/dining area. The second floor features an additional bedroom and full bath, along with a bonus area and unfinished storage. Open House Sunday February 1st 2:00-4:00

Last Agent to Sell the Property

Cassie Beach

RE/MAX Elite Realty License #295331 Listed on: 01/31/2020

RE/MAX Elite Realty

Co-Listed By

Crystal Towe

RE/MAX Elite Lexington

Last Buyer's Agent

Bill Pickett

Pickett Realty License #176939

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.75

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Veneer
  • Slab Foundation
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Underground Utilities

Additional Features

  • 1.5-Story Property
  • 0.75 Acre Lot

Community Details

  • Built by James Monroe Homes
  • Summerfield Subdivision
  • Property has a Home Owners Association
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number NEW OR UNDER CONSTRUCTION

Home Details

Home Type

Single Family

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 2020
  • Levels: One and One Half
  • New Construction: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Foundation Details:Slab: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: No
  • Total Bedrooms: 4
  • Lot Size Area: 0.75
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Builder Name: James Monroe Homes
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Foundation Details: Slab
  • List Price: 425000.0
  • Property Condition: New Construction
  • Waterfront: No
  • 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
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Underground Utilities
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 275.0
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.75
  • Lot Size Sq Ft: 32670.03
  • Parcel Number: NEW OR UNDER CONSTRUCTION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
May 7, 2020
Sold by
Via Vitae Dev Llc
Bought by
Carter Randy Joseph and Carter Elizabeth Jean
Seller's Agent
Cassie Beach
RE/MAX Elite Realty
Buyer's Agent
Bill Pickett
Pickett Realty
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$578,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,630
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Dec 12, 2017
Sold by
Haymaker Dev Co Llc
Bought by
Via Vitae Dev Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
3.94%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carter Randy Joseph $400,000 --
Via Vitae Dev Llc $234,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Via Vitae Dev Llc $371,702
Previous Owner Via Vitae Dev Llc $370,000
Previous Owner Via Vitae Dev Llc $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2024 10/20/24 Off Market $400,000 -- --
04/29/2020 04/29/20 Sold $400,000 -5.9% $139 / Sq Ft
03/22/2020 03/22/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $425,000 -- $148 / 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
2025 $4,946 $400,000 $0 $0
2024 $4,946 $400,000 $0 $0
2023 $4,946 $400,000 $0 $0
2022 $5,110 $400,000 $0 $0
2021 $5,110 $400,000 $0 $0
2020 $4,221 $330,400 $0 $0
2019 $867 $78,500 $0 $0
2018 $867 $78,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cassie Beach

    Seller's Agent in 2020

    Cassie Beach

    RE/MAX

    (859) 893-1092

    120 Total Sales

    Cassie Beach
    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Crystal Towe

    RE/MAX

  • B

    Buyer's Agent in 2020

    Bill Pickett

    Pickett Realty

    (859) 327-8445

    1 Total Sale

    Bill Pickett
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20002338

ImagineMLS (Bluegrass REALTORS®)

APN: 38270740

Kentucky Fayette County Lexington 40509 Liberty Area

1975 Covington Point, Lexington, KY

Not Listed for Sale

Detached

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