2864 Ark Royal Way Lexington, KY 40503
Open Gates Neighborhood
3
Beds
2
Baths
1,583
Sq Ft
9,200
Sq Ft Lot
Highlights
- Ranch Style House
- Wood Flooring
- No HOA
- Clays Mill Elementary School Rated A
- Attic
- Neighborhood Views
About This Home
As of August 2025Easy Southside living in this move-in ready brick RANCH, tucked in the established, quiet and convenient Open Gates neighborhood with wide streets and mature trees. The spacious eat-in kitchen features plenty of cabinet space, granite countertops, and stainless steel appliances, and opens to a private patio with a beautifully landscaped backyard to enjoy coffee or a summer barbeque. A bright utility/laundry room with built-in shelving adds extra functionality. The open living and dining area includes hardwood floors and a cozy painted brick fireplace. The primary suite offers a walk-in closet and a recently renovated stunning bathroom with a walk-in tile shower. Two more good-sized bedrooms and lots of closet space throughout make storage a breeze. The attached two-car garage offers easy kitchen access—great for unloading heavy groceries. Located just inside New Circle Road with quick access to Nicholasville, Clays Mill, and Harrodsburg Roads.
Last Agent to Sell the Property
Bluegrass Sotheby's International Realty License #209870 Listed on: 06/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,462
Year Built
- Built in 1973
Lot Details
- 9,200 Sq Ft Lot
- Partially Fenced Property
- Chain Link Fence
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Home Design
- Ranch Style House
- Brick Veneer
- Block Foundation
- Dimensional Roof
- Shingle Roof
Interior Spaces
- 1,583 Sq Ft Home
- Ceiling Fan
- Wood Burning Fireplace
- Self Contained Fireplace Unit Or Insert
- Insulated Windows
- Blinds
- Insulated Doors
- Entrance Foyer
- Living Room with Fireplace
- Dining Room
- Utility Room
- Neighborhood Views
- Crawl Space
- Pull Down Stairs to Attic
Kitchen
- Eat-In Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Schools
- Clays Mill Elementary School
- Jessie Clark Middle School
- Not Applicable Middle School
- Lafayette High School
Utilities
- Cooling Available
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 16181525
Community Details
Overview
- No Home Owners Association
- Open Gates Subdivision
Recreation
- Tennis Courts
- Community Pool
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 9, 2021
Sold by
Burch Danielle M
Bought by
Heidary Carole and Heidary Carole Revocable
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Outstanding Balance
$204,710
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$167,943
Purchase Details
Closed on
Aug 16, 2019
Sold by
Orlando Kristen and Wiseman Christopher R
Bought by
Burch Danielle M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,942
Interest Rate
3.37%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 4, 2013
Sold by
Courtney Ryan K Tr and Courtney Michael A Tr
Bought by
Wiseman Christopher R and Wiseman Kristen
Similar Homes in Lexington, KY
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $280,000 | -- | |
| Deed | $224,000 | -- | |
| Deed | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $224,000 | Purchase Money Mortgage | |
| Closed | $224,000 | Unknown | |
| Previous Owner | $219,942 | FHA | |
| Previous Owner | $10,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $355,000 | -1.9% | $224 / Sq Ft |
| 07/01/2025 07/01/25 | Pending | -- | -- | -- |
| 06/27/2025 06/27/25 | For Sale | $362,000 | -- | $229 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
Tax History Compared to Growth
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 | $3,462 | $280,000 | $0 | $0 |
| 2023 | $3,462 | $280,000 | $0 | $0 |
| 2022 | $3,577 | $280,000 | $0 | $0 |
| 2021 | $3,025 | $236,800 | $0 | $0 |
| 2020 | $2,861 | $224,000 | $0 | $0 |
| 2019 | $1,916 | $150,000 | $0 | $0 |
| 2018 | $1,916 | $150,000 | $0 | $0 |
| 2017 | $1,826 | $150,000 | $0 | $0 |
| 2015 | $1,108 | $150,000 | $0 | $0 |
| 2014 | $1,108 | $150,000 | $0 | $0 |
| 2012 | $1,108 | $133,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Meredith Walker
Bluegrass Sotheby's International Realty
(859) 312-8417
2 in this area
192 Total Sales
-
J
Buyer's Agent in 2025
Jenny Jaco
Bluegrass Sotheby's International Realty
(859) 268-0099
1 in this area
6 Total Sales
-
Buyer Co-Listing Agent in 2025
Gwen Mathews
Bluegrass Sotheby's International Realty
(859) 608-3471
1 in this area
162 Total Sales
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25013892
APN: 16181525
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