3525 Cheddington Ln Lexington, KY 40502
Lansdowne Merrick Neighborhood
4
Beds
2.5
Baths
3,224
Sq Ft
0.3
Acres
Highlights
- Recreation Room
- Ranch Style House
- Attic
- Morton Middle School Rated A
- Marble Flooring
- No HOA
About This Home
As of August 2023An absolute masterpiece! This skillfully upgraded Ranch located in the iconic 40502 is truly a must see! This 4 B/R 2.5 bath home effortlessly lends itself to a sophisticated blend of modern elegance, style and functionality. Step inside and you'll be captivated by the high standard of care and beauty that unfolds before you. Each space inside was thoughtfully upgraded to exude a feeling of peace and tranquility, creating a safe haven from the stress & pressure of work/life. From the newly installed marble floor in foyer and hardwood throughout the first floor, exceptional craftsmanship is on display. You will love the updated kitchen, equipped with abundant lighting, cabinetry and upgraded appliances. The 1st floor primary boasts a spacious spa-like bathroom and walk-in closet. Enjoy your morning coffee or entertain guests in the impressive sunroom. The finished basement also provides space for entertaining or a quick morning workout. Picturesque landscaping front to back. This home also grants you access to a vibrant community close to many Lexington hallmark amenities, schools, restaurants and shops. Don't miss out on your dream lifestyle and home, schedule your showing today!
Last Agent to Sell the Property
Bluegrass Home Group License #221746 Listed on: 07/14/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,234
Year Built
- Built in 1984
Lot Details
- 0.3 Acre Lot
Parking
- 2 Car Attached Garage
- Basement Garage
- Front Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Ranch Style House
- Brick Veneer
- Block Foundation
- Shingle Roof
Interior Spaces
- Ceiling Fan
- Insulated Windows
- Blinds
- Window Screens
- Insulated Doors
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Dining Room
- Home Office
- Recreation Room
- Neighborhood Views
- Attic
Kitchen
- Eat-In Kitchen
- Oven or Range
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Marble
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
Home Security
- Intercom
- Storm Doors
Outdoor Features
- Patio
- Porch
Schools
- Julius Marks Elementary School
- Morton Middle School
- Not Applicable Middle School
- Henry Clay High School
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- Lans Merik Subdivision
Listing and Financial Details
- Assessor Parcel Number 24716493
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2023
Closed on
Aug 18, 2023
Sold by
Shams Cyrus
Bought by
Mayfield Arnold Elizabeth and Mayfield William Arnold
Seller's Agent
David Giuliani
Bluegrass Home Group
Buyer's Agent
Karen Smith
Emmerich Muzic Realty
List Price
$585,000
Sold Price
$585,000
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,204
Avg. Annual Appreciation
6.26%
Original Mortgage
$468,000
Outstanding Balance
$460,257
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$198,313
Purchase Details
Listed on
Sep 30, 2022
Closed on
Nov 21, 2022
Sold by
Hamilton Barbara F
Bought by
Shams Cyrus
Seller's Agent
Kim Montgomery
Rector Hayden Realtors
Buyer's Agent
David Giuliani
Bluegrass Home Group
List Price
$549,500
Sold Price
$500,000
Premium/Discount to List
-$49,500
-9.01%
Views
67
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.64%
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 | $585,000 | None Listed On Document | |
| Deed | $500,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $468,000 | New Conventional | |
| Previous Owner | $240,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $100,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2023 08/18/23 | Sold | $585,000 | 0.0% | $181 / Sq Ft |
| 07/14/2023 07/14/23 | Pending | -- | -- | -- |
| 07/14/2023 07/14/23 | For Sale | $585,000 | +17.0% | $181 / Sq Ft |
| 11/21/2022 11/21/22 | Sold | $500,000 | -4.8% | $156 / Sq Ft |
| 10/28/2022 10/28/22 | Pending | -- | -- | -- |
| 10/21/2022 10/21/22 | Price Changed | $525,000 | -4.5% | $164 / Sq Ft |
| 09/30/2022 09/30/22 | For Sale | $549,500 | -- | $172 / 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 | $7,234 | $585,000 | $0 | $0 |
| 2023 | $6,183 | $500,000 | $0 | $0 |
| 2022 | $2,565 | $241,300 | $0 | $0 |
| 2021 | $2,565 | $241,300 | $0 | $0 |
| 2020 | $2,580 | $241,300 | $0 | $0 |
| 2019 | $2,580 | $241,300 | $0 | $0 |
| 2018 | $2,602 | $241,300 | $0 | $0 |
| 2017 | $2,480 | $241,300 | $0 | $0 |
| 2015 | $1,914 | $241,300 | $0 | $0 |
| 2014 | $1,914 | $205,300 | $0 | $0 |
| 2012 | $1,914 | $205,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Giuliani
Seller's Agent in 2023
David Giuliani
Bluegrass Home Group
(859) 223-4752
2 in this area
46 Total Sales
-
Karen Smith
Buyer's Agent in 2023
Karen Smith
Emmerich Muzic Realty
(859) 489-5487
1 in this area
30 Total Sales
-
Kim Montgomery
K
Seller's Agent in 2022
Kim Montgomery
Rector Hayden Realtors
(859) 619-6469
1 in this area
15 Total Sales
-
Barbara Hamilton
B
Seller Co-Listing Agent in 2022
Barbara Hamilton
Rector Hayden Realtors
(859) 293-9551
1 in this area
44 Total Sales
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 23013271
APN: 24716493
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