NOT LISTED FOR SALE

237 Melbourne Way Lexington, KY 40503

Zandale Neighborhood

Estimated Value: $326,786 - $382,000

3 Beds
2 Baths
1,341 Sq Ft
$267/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $225,000 $168 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,177/month

26 Days on Market

Highlights

  • Wood Flooring
  • Tennis Courts
  • Eat-In Kitchen
  • Glendover Elementary School Rated A-
  • 1 Car Attached Garage
  • Brick Veneer

About This Home

As of July 2020

Location Location Location! This nice brick one level home is the Brookhaven subdivision. It offers 3 Bedrooms, 2 bathrooms and lots of hardwood floors. It has a great kitchen with stainless steel appliances. There is an enclosed back porch that overlooks the nice backyard. It does need a little TLC and is being sold as-is. Put this one on your list to see!

Last Agent to Sell the Property

Abe Karam

RE/MAX Elite Lexington License #188355 Listed on: 05/09/2020

RE/MAX Elite Lexington

Last Buyer's Agent

Jason Wade

ERA Select Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,584

Year Built

  • Built in 1965

Lot Details

  • 10,019 Sq Ft Lot
  • Chain Link Fence

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Block Foundation
  • Dimensional Roof
  • Shingle Roof

Interior Spaces

  • 1,341 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room
  • Utility Room
  • Crawl Space
  • Attic Access Panel
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Parquet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 16880440

Community Details

Overview

  • Brookhaven Subdivision

Recreation

  • Tennis Courts
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,584

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 1341.0
  • Levels: One
  • New Construction: No
  • Roof:Dimensional Style: 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
  • Foundation Details:Block3: Yes
  • Fencing:Chain Link: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Flooring:Parquet: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Primary Downstairs
  • Flooring: Hardwood, Parquet, Tile, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace: No
  • LivingArea: 1341.0
  • Lot Size Area: 0.23
  • Window Features: Blinds
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Dimensional Style, Shingle
  • Construction Materials: Brick Veneer
  • Fencing: Chain Link
  • Foundation Details: Block
  • Home Warranty: No
  • List Price: 249000.0
  • Patio And Porch Features: Patio
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Exterior Features:Storm Door(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • 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

Condo/Co-op/Association

  • Community Features: Park, Tennis Court(s)

Schools

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

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018.81
  • Parcel Number: 16880440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2020
Closed on
Aug 14, 2020
Sold by
Dillard Mary Jane
Bought by
Larkin Clay and Larkin Morgan Murrell
Seller's Agent
Abe Karam
RE/MAX Elite Lexington
Buyer's Agent
Jason Wade
ERA Select Real Estate
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%
Current Estimated Value
$358,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,697
Avg. Annual Appreciation
9.20%
Original Mortgage
$225,000
Outstanding Balance
$199,591
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$159,106
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
Larkin Clay $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larkin Clay $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $225,000 -9.6% $168 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
05/09/2020 05/09/20 For Sale $249,000 -- $186 / 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 $3,584 $289,800 $0 $0
2023 $2,782 $225,000 $0 $0
2022 $2,874 $225,000 $0 $0
2021 $2,874 $225,000 $0 $0
2020 $1,588 $163,600 $0 $0
2019 $1,588 $163,600 $0 $0
2018 $1,610 $163,600 $0 $0
2017 $1,534 $163,600 $0 $0
2015 $1,130 $163,600 $0 $0
2014 $1,130 $127,600 $0 $0
2012 $1,130 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Abe Karam

    Seller's Agent in 2020

    Abe Karam

    RE/MAX

    (859) 229-4446

    56 Total Sales

    Abe Karam
    Section Image

  • J

    Buyer's Agent in 2020

    Jason Wade

    ERA Select Real Estate

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20009180

ImagineMLS (Bluegrass REALTORS®)

APN: 16880440

Kentucky Fayette County Lexington 40503 Zandale

237 Melbourne Way, Lexington, KY

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