NOT LISTED FOR SALE

1986 Fair Oaks Dr Unit 16B Lexington, KY 40504

West Lexington Neighborhood

Estimated Value: $259,000 - $284,080

4 Beds
2 Baths
1,974 Sq Ft
$137/Sq Ft Est. Value

Last Sold July 18, 2019

Last sale price $140,000 $71 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,676/month

3 Days on Market

Highlights

  • Cooling Available
  • Beaumont Middle School Rated A
  • Forced Air Heating System

About This Home

As of July 2019

Investment Opportunity! Lovely duplex located in the Gardenside neighborhood. Each unit has two bedrooms, one bath, laundry room, family room and cozy kitchen. Freshly painted! Large two car detached garage and beautiful gazebo to enjoy summer nights in backyard. Don't let this opportunity pass you up!

Last Agent to Sell the Property

Jennifer Gindling

Georgetown Real Estate Connection Listed on: 05/28/2019

Last Buyer's Agent

Maggie Taylor

RE/MAX Creative Realty License #201021

RE/MAX Creative Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,625

Year Built

  • Built in 1962

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • 1,974 Sq Ft Home
  • Duplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gardenside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13011500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,625

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex
  • Year Built: 1962
  • New Construction: No
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1974.0
  • Lot Size Area: 0.17

Exterior Features

  • Roof: Shingle
  • List Price: 139000.0

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Natural Gas Connected
  • Heating:Forced Air: Yes

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.21
  • Parcel Number: 13011500
  • Zoning Description: R2-Two Family Residential

Multi Family

  • Number of Units Total: 2
  • Number of Units Vacant: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2019
Closed on
Jul 29, 2019
Sold by
New Beginnings Bluegrass Inc
Bought by
Landfield Ashley Lauren
Seller's Agent
Jennifer Gindling
Georgetown Real Estate Connection
Buyer's Agent
Maggie Taylor
RE/MAX Creative Realty
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$269,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,520
Avg. Annual Appreciation
11.22%
Original Mortgage
$112,000
Outstanding Balance
$98,542
Interest Rate
3.82%
Mortgage Type
Unknown
Estimated Equity
$170,978
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Landfield Ashley Lauren $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landfield Ashley Lauren $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2019 07/18/19 Sold $140,000 0.0% $71 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
05/27/2019 05/27/19 For Sale $140,000 -- $71 / 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 $2,625 $212,300 $0 $0
2023 $1,810 $146,400 $0 $0
2022 $1,870 $146,400 $0 $0
2021 $1,870 $146,400 $0 $0
2020 $1,788 $140,000 $0 $0
2019 $0 $120,000 $0 $0
2018 $0 $120,000 $0 $0
2017 $0 $120,000 $0 $0
2015 -- $120,000 $0 $0
2014 -- $0 $0 $0
2012 -- $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jennifer Gindling

    Georgetown Real Estate Connection

  • Maggie Taylor

    Buyer's Agent in 2019

    Maggie Taylor

    RE/MAX

    (859) 294-3876

    2 in this area

    334 Total Sales

    Maggie Taylor
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1911832

ImagineMLS (Bluegrass REALTORS®)

APN: 13011500

Kentucky Fayette County Lexington 40504 West Lexington

1986 Fair Oaks Dr Unit 16B, Lexington, KY

This home is located at 1986 Fair Oaks Dr Unit 16B, Lexington, KY 40504 since 28 May 2019 and is currently estimated at $269,520, approximately $136 per square foot. This property was built in 1962. 1986 Fair Oaks Dr Unit 16B is a home located in Fayette County with nearby schools including James Lane Allen Elementary School, Beaumont Middle School, and Lafayette 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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