NOT LISTED FOR SALE

405 Stone Rd Lexington, KY 40503

Open Gates Neighborhood

Estimated Value: $289,000 - $332,000

3 Beds
2 Baths
1,200 Sq Ft
$256/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $256,000 $213 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,876/month

Highlights

  • 8,712.07 Acre Lot
  • Ranch Style House
  • Neighborhood Views
  • Clays Mill Elementary School Rated A
  • Bonus Room
  • 1 Car Attached Garage

About This Home

As of May 2023

Absolutely adorable newly updated ranch and move in ready. Stainless steel appliances, laminate flooring throughout, large master with on suite bath. Kitchen open to family room and dining area just off kitchen. Fenced back yard. Nothing to change and everything to love! Selling as is inspections welcome.

Last Agent to Sell the Property

Emily Westerkamp

United Real Estate Bluegrass License #223421 Listed on: 03/31/2023

United Real Estate Bluegrass

Last Buyer's Agent

Emily Westerkamp

United Real Estate Bluegrass License #223421 Listed on: 03/31/2023

United Real Estate Bluegrass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 8,712.07 Acre Lot
  • Wood Fence
  • Wire Fence

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Neighborhood Views
  • Attic Access Panel
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Open Gates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25352666

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 1200.0
  • Levels: One
  • New Construction: No
  • Structure Type:House: Yes
  • View:Neighborhood: 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
  • Laundry Features:Main Level: 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, Disposal, Microwave, Oven, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Primary Downstairs
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 3
  • Fireplace: No
  • LivingArea: 1200.0
  • Lot Size Area: 8712.07
  • Window Features: Blinds, Insulated Windows, Screens, Storm Window(s)
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Stone, Wood Siding
  • Fencing: Wood
  • Foundation Details: Slab
  • Home Warranty: No
  • List Price: 253000.0
  • Pool Private: No
  • View: Neighborhood
  • View YN: Yes
  • Waterfront: No
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached Garage, Driveway
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Heat Pump
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

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

Lot Info

  • Lot Size Acres: 8712.07
  • Lot Size Sq Ft: 379497769.0
  • Parcel Number: 25352666

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 4, 2023
Sold by
Strehl Andrew and Strehl Shelsea
Bought by
Stigall Sarah
Seller's Agent
Emily Westerkamp
United Real Estate Bluegrass
Buyer's Agent
Emily Westerkamp
United Real Estate Bluegrass
List Price
$253,000
Sold Price
$256,000
Premium/Discount to List
$3,000
1.19%
Views
102
Current Estimated Value
$307,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,508
Avg. Annual Appreciation
7.16%
Original Mortgage
$221,000
Outstanding Balance
$214,296
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$93,212

Purchase Details

Listed on
Jul 22, 2016
Closed on
Aug 29, 2016
Sold by
Shuck Jeremiah B
Bought by
Strehl Andrew
Seller's Agent
Sandra Branham
Coldwell Banker Preferred Realty
Buyer's Agent
Miranda Hinchman
ERA Select Real Estate
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$126,003
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 27, 2012
Closed on
Nov 8, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Shuck Jeremiah B
Seller's Agent
Ray McIntosh
Melanie Mann Realty & Auction, LLC
Buyer's Agent
Sandra Branham
Coldwell Banker Preferred Realty
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
Original Mortgage
$88,271
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 27, 2012
Closed on
Sep 24, 2012
Sold by
Carlotta Daniel and Carlotta Daniel R
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Ray McIntosh
Melanie Mann Realty & Auction, LLC
Buyer's Agent
Sandra Branham
Coldwell Banker Preferred Realty
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,271
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stigall Sarah $256,000 None Listed On Document
Strehl Andrew $129,900 --
Shuck Jeremiah B $89,900 --
Federal Home Loan Mortgage Corporation $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stigall Sarah $221,000
Previous Owner Federal Home Loan Mortgage Corporation $126,003
Previous Owner Federal Home Loan Mortgage Corporation $88,271
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2023 05/04/23 Sold $256,000 +1.2% $213 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $253,000 +94.8% $211 / Sq Ft
08/26/2016 08/26/16 Sold $129,900 0.0% $108 / Sq Ft View Prior Sale
07/26/2016 07/26/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $129,900 +44.5% $108 / Sq Ft
10/30/2012 10/30/12 Sold $89,900 0.0% $75 / Sq Ft View Prior Sale
08/28/2012 08/28/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $89,900 -- $75 / 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
2025 $3,166 $256,000 $0 $0
2024 $3,166 $256,000 $0 $0
2023 $1,990 $160,900 $0 $0
2022 $2,055 $160,900 $0 $0
2021 $2,055 $160,900 $0 $0
2020 $1,659 $129,900 $0 $0
2019 $1,659 $129,900 $0 $0
2018 $1,659 $129,900 $0 $0
2017 $1,581 $129,900 $0 $0
2015 $1,332 $119,000 $0 $0
2014 $1,332 $119,000 $0 $0
2012 $1,332 $119,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Emily Westerkamp

    United Real Estate Bluegrass

    (859) 699-4478

    1 in this area

    5 Total Sales

    Emily Westerkamp
    Section Image

  • S

    Seller's Agent in 2016

    Sandra Branham

    Coldwell Banker Preferred Realty

  • M

    Buyer's Agent in 2016

    Miranda Hinchman

    ERA Select Real Estate

  • R

    Seller's Agent in 2012

    Ray McIntosh

    Melanie Mann Realty & Auction, LLC

    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23005576

ImagineMLS (Bluegrass REALTORS®)

APN: 25352666

Kentucky Fayette County Lexington 40503 Open Gates

405 Stone Rd, Lexington, KY

Not Listed for Sale

Detached

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