NOT LISTED FOR SALE

2864 Runnymede Way Lexington, KY 40503

Open Gates Neighborhood

Estimated Value: $371,878 - $423,000

4 Beds
2 Baths
2,076 Sq Ft
$194/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $295,000 $142 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,412/month

1 Day on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Brick Veneer
  • Clays Mill Elementary School Rated A
  • Attached Garage
  • Walk-In Closet

About This Home

As of June 2021

Location! Location! Location! This fabulous all brick ranch is in the Open Gates neighborhood. It offers 3 spacious bedrooms and a 4th that could also be a home office and 2 full bathrooms. Walk in to the open floor plan with a sunken living room, hardwood floors, and lots of dining space. The kitchen has been updated and there is a nice all seasons room located on the back. This is the one you need to see!

Last Agent to Sell the Property

Abe Karam

RE/MAX Elite Lexington License #188355 Listed on: 05/18/2021

RE/MAX Elite Lexington

Last Buyer's Agent

Ryan Hilliard

The Brokerage License #218750

The Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,648

Year Built

  • Built in 1972

Lot Details

  • 9,601 Sq Ft Lot
  • Wood Fence
  • Wire Fence

Home Design

  • Ranch Style House
  • Brick Veneer
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • Ceiling Fan
  • Fireplace Features Masonry
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Washer Hookup
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Shed

Schools

  • Clays Mill Elementary School
  • Jessie Clark Middle School
  • Lafayette High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • Open Gates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15601700

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,648

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 1972
  • Levels: One
  • New Construction: No
  • Structure Type:House: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Architectural Style:Ranch: Yes
  • Foundation Details:Block3: Yes
  • Fencing:Chain Link: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Wood2: Yes
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Hardwood, Tile, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Lot Size Area: 0.22
  • Window Features: Blinds, 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: Shingle
  • Construction Materials: Brick Veneer
  • Fencing: Chain Link, Wood
  • Foundation Details: Block
  • List Price: 285000.0
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Exterior Features:Storm Door(s): Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: Yes
  • Parking Features: Attached Garage, Driveway, Garage Door Opener
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Washer Hookup
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Clays Mill
  • High School: Lafayette
  • Middle or Junior School: Jessie Clark

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9601.0
  • Parcel Number: 15601700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jul 2, 2021
Sold by
Pruner James H and Pruner Melissa A
Bought by
Burtraw Ian M and Burtraw Megan
Seller's Agent
Abe Karam
RE/MAX Elite Lexington
Buyer's Agent
Ryan Hilliard
The Brokerage
List Price
$285,000
Sold Price
$295,000
Premium/Discount to List
$10,000
3.51%
Current Estimated Value
$402,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,720
Avg. Annual Appreciation
7.42%

Purchase Details

Closed on
Sep 29, 2010
Sold by
Bailey Michael D and Bailey Linda C
Bought by
Pruner James H and Pruner Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,674
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 2009
Sold by
Bird Eleanora R and Bird James S
Bought by
Bailey Michael D and Bailey Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.36%
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
Burtraw Ian M $295,000 --
Pruner James H $175,000 --
Bailey Michael D $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey Michael D $52,000
Previous Owner Bailey Michael D $172,674
Previous Owner Bailey Michael D $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2021 06/23/21 Sold $295,000 +3.5% $142 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $285,000 -- $137 / 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 $3,648 $295,000 $0 $0
2023 $3,648 $295,000 $0 $0
2022 $3,768 $295,000 $0 $0
2021 $2,861 $224,000 $0 $0
2020 $2,458 $192,400 $0 $0
2019 $2,458 $192,400 $0 $0
2018 $2,458 $192,400 $0 $0
2017 $2,342 $192,400 $0 $0
2015 $1,958 $175,000 $0 $0
2014 $1,958 $175,000 $0 $0
2012 $1,958 $175,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Abe Karam

    Seller's Agent in 2021

    Abe Karam

    RE/MAX

    (859) 229-4446

    1 in this area

    55 Total Sales

    Abe Karam
    Section Image
  • Ryan Hilliard

    Buyer's Agent in 2021

    Ryan Hilliard

    The Brokerage

    (859) 469-1074

    4 in this area

    209 Total Sales

    Ryan Hilliard
    Section Image
See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20109330

ImagineMLS (Bluegrass REALTORS®)

APN: 15601700

Kentucky Fayette County Lexington 40503 Open Gates

2864 Runnymede Way, Lexington, KY

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