NOT LISTED FOR SALE

2885 Gateway Park Ln Lexington, KY 40511

Masterson Station Neighborhood

Estimated Value: $275,000 - $310,000

3 Beds
2 Baths
1,316 Sq Ft
$221/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $217,500 $165 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,800/month

20 Days on Market

Highlights

  • 1.5-Story Property
  • Main Floor Primary Bedroom
  • Community Pool
  • Sandersville Elementary School Rated A
  • Neighborhood Views
  • Fireplace

About This Home

As of February 2023

Start your new year off in this 3 bedroom/2 full bath home in the heart of Masterson Station. The seller has made numerous updates to the property such as new luxury vinyl plank laminate flooring, new carpet, new paint, new stove, dishwasher, blinds and new garage door. Newer HVAC. Property being sold as is. Inspections are welcomed.

Last Agent to Sell the Property

Kristi Osborne

Bluegrass Property Exchange License #215015 Listed on: 12/02/2022

Co-Listed By

Keri Perez

Bluegrass Property Exchange License #210120

Last Buyer's Agent

Lesley Moore

Bluegrass Property Exchange License #221987

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,968

Year Built

  • Built in 1996

Lot Details

  • 5,759 Sq Ft Lot
  • Wood Fence
  • Wire Fence

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • 1.5-Story Property
  • Brick Veneer
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Neighborhood Views
  • Washer and Electric Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Sandersville Elementary School
  • Leestown Middle School
  • Bryan Station High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 19343610

Community Details

Overview

  • Masterson Station Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,968

Year Built

Built in 1996

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 1996
  • Levels: One and One Half
  • New Construction: No
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Laminate: Yes
  • Appliances Refrigerators: Yes
  • Foundation Details:Slab: 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, Eat-in Kitchen, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Lot Size Area: 0.13
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Fencing: Wood
  • Foundation Details: Slab
  • List Price: 249900.0
  • Patio And Porch Features: Patio
  • View: Neighborhood
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Driveway, Garage Faces Front, Off Street
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 72.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Pool

Schools

  • Elementary School: Sandersville
  • High School: Bryan Station
  • Middle or Junior School: Leestown

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5759.0
  • Parcel Number: 19343610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
L & L Moore Properties Llc
Bought by
Smith Marilyn K
Current Estimated Value
$290,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$210,473
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$80,211

Purchase Details

Listed on
Dec 2, 2022
Closed on
Feb 24, 2023
Sold by
L & L Properties Llc
Bought by
L & L Moore Properties Llc
Seller's Agent
Kristi Osborne
Bluegrass Property Exchange
Buyer's Agent
Lesley Moore
Bluegrass Property Exchange
List Price
$249,900
Sold Price
$217,500
Premium/Discount to List
-$32,400
-12.97%
Views
150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%
Original Mortgage
$174,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2022
Closed on
Feb 3, 2023
Sold by
Acord Ashley S
Bought by
L & L Properties Llc
Seller's Agent
Kristi Osborne
Bluegrass Property Exchange
Buyer's Agent
Lesley Moore
Bluegrass Property Exchange
List Price
$249,900
Sold Price
$217,500
Premium/Discount to List
-$32,400
-12.97%
Views
150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
6.09%
Mortgage Type
New Conventional
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
Smith Marilyn K $240,000 None Listed On Document
L & L Moore Properties Llc $217,500 --
L & L Properties Llc $217,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Marilyn K $216,000
Previous Owner L & L Moore Properties Llc $174,000
Previous Owner L & L Properties Llc $174,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2023 02/03/23 Sold $217,500 -13.0% $165 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $249,900 -- $190 / 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 $2,968 $240,000 $0 $0
2023 $2,690 $217,500 $0 $0
2022 $2,269 $177,600 $0 $0
2021 $2,269 $177,600 $0 $0
2020 $1,698 $132,900 $0 $0
2019 $1,698 $132,900 $0 $0
2018 $1,698 $132,900 $0 $0
2017 $1,618 $132,900 $0 $0
2015 $1,487 $132,900 $0 $0
2014 $1,487 $132,900 $0 $0
2012 $1,487 $132,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristi Osborne

    Seller's Agent in 2023

    Kristi Osborne

    Bluegrass Property Exchange

    (859) 221-0162

    3 in this area

    74 Total Sales

    Kristi Osborne
    Section Image
  • Keri Perez

    Seller Co-Listing Agent in 2023

    Keri Perez

    Bluegrass Property Exchange

    (859) 333-5006

    5 in this area

    68 Total Sales

    Keri Perez
    Section Image

  • L

    Buyer's Agent in 2023

    Lesley Moore

    Bluegrass Property Exchange

    (859) 396-8359

    7 in this area

    33 Total Sales

    Lesley Moore
    Section Image
See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22025843

ImagineMLS (Bluegrass REALTORS®)

APN: 19343610

Kentucky Fayette County Lexington 40511 Masterson Station

2885 Gateway Park Ln, Lexington, KY

This home is located at 2885 Gateway Park Ln, Lexington, KY 40511 since 02 December 2022 and is currently estimated at $290,684, approximately $220 per square foot. This property was built in 1996. 2885 Gateway Park Ln is a home located in Fayette County with nearby schools including Sandersville Elementary School, Leestown Middle School, and Bryan Station 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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