NOT LISTED FOR SALE

278 Somersly Place Lexington, KY 40515

Boone Creek East Neighborhood

Estimated Value: $492,132 - $592,000

3 Beds
2 Baths
2,336 Sq Ft
$237/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $339,500 $145 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,334/month

240 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Great Room with Fireplace
  • Brenda Cowan Elementary School Rated A-
  • Bonus Room
  • Community Pool

About This Home

As of February 2015

This home has one of the prettiest and private backyards! It has a covered back patio that gives additional privacy other than all the trees! Large kitchen with huge island is open with the family room! Includes 9' ceilings, hardwood floors, fireplace, granite and stainless appliances! Finished bonus room over garage could be 4th bedroom, office, or great storage!

Last Agent to Sell the Property

Kathy Martini

Signature Real Estate, LLC License #185828 Listed on: 05/10/2014

Co-Listed By

Reece Miller

Signature Real Estate, LLC License #216993

Last Buyer's Agent

Reynolds Hart

Block + Lot Real Estate License #211928

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,449

Year Built

  • Built in 2015 | Newly Remodeled

HOA Fees

  • $41 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Slab Foundation
  • Dimensional Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,336 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Dining Room
  • Bonus Room
  • Utility Room
  • Washer and Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Tates Creek Elementary School
  • Edythe J. Hayes Middle School
  • Henry Clay High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number NEW OR UNDER CONSTRUCTION

Community Details

Overview

  • Built by Commonwealth Designs
  • Ellerslie At Delong Subdivision

Recreation

  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,449

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$41 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 2015
  • Above Grade Finished Sq Ft: 2336.0
  • Levels: One
  • New Construction: Yes
  • 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
  • Foundation Details:Slab: Yes
  • Roof:Shingle: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplace: Yes
  • LivingArea: 2336.0
  • Window Features: Insulated Windows, Screens
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Roof: Dimensional Style, Shingle
  • Builder Name: Commonwealth Designs
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Foundation Details: Slab
  • List Price: 339900.0
  • Patio And Porch Features: Patio
  • Property Condition: New Construction
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Construction Materials:Vinyl Siding: 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
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Natural Gas Connected, Underground Utilities
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 495.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Park, Pool

Schools

  • Elementary School: Tates Creek
  • High School: Henry Clay
  • Middle or Junior School: Edythe J. Hayes

Lot Info

  • Parcel Number: NEW OR UNDER CONSTRUCTION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2017
Sold by
Caudill Thomas and Caudill Larry
Bought by
Caudill Thomas and Caudill Larry
Current Estimated Value
$553,283

Purchase Details

Listed on
May 10, 2014
Closed on
Feb 24, 2015
Sold by
Commonwealth Designs Inc
Bought by
Caudill Thomas
Seller's Agent
Kathy Martini
Signature Real Estate, LLC
Buyer's Agent
Reynolds Hart
Block + Lot Real Estate
List Price
$339,500
Sold Price
$339,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$200,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Caudill Thomas $339,500 --
Caudill Thomas $339,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caudill Thomas $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2015 02/06/15 Sold $339,500 0.0% $145 / Sq Ft
01/05/2015 01/05/15 Pending -- -- --
05/10/2014 05/10/14 For Sale $339,500 -- $145 / 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 $4,449 $406,200 $0 $0
2023 $4,449 $406,200 $0 $0
2022 $3,819 $339,500 $0 $0
2021 $3,819 $339,500 $0 $0
2020 $3,835 $339,500 $0 $0
2019 $3,835 $339,500 $0 $0
2018 $4,337 $339,500 $0 $0
2017 $4,133 $339,500 $0 $0
2015 -- $339,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathy Martini

    Seller's Agent in 2015

    Kathy Martini

    Signature Real Estate, LLC

    (859) 492-0883

    53 Total Sales

    Kathy Martini
    Section Image
  • Reece Miller

    Seller Co-Listing Agent in 2015

    Reece Miller

    Signature Real Estate, LLC

    (859) 948-1985

    71 in this area

    71 Total Sales

    Reece Miller
    Section Image

  • R

    Buyer's Agent in 2015

    Reynolds Hart

    Block + Lot Real Estate

    Section Image
See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1408743

ImagineMLS (Bluegrass REALTORS®)

APN: 38257500

Kentucky Fayette County Lexington 40515 Boone Creek East

278 Somersly Place, Lexington, KY

This home is located at 278 Somersly Place, Lexington, KY 40515 since 10 May 2014 and is currently estimated at $553,283, approximately $236 per square foot. This property was built in 2015. 278 Somersly Place is a home located in Fayette County with nearby schools including Brenda Cowan Elementary School, Edythe Jones Hayes 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.

Nearby Homes