NOT LISTED FOR SALE

4116 Palmetto Dr Lexington, KY 40513

Palomar Neighborhood

Estimated Value: $471,260 - $559,000

4 Beds
2.5 Baths
2,650 Sq Ft
$198/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $335,000 $126 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,231/month

209 Days on Market

Highlights

  • 0.44 Acre Lot
  • Wood Flooring
  • Community Pool
  • Rosa Parks Elementary School Rated A
  • Attic
  • Tennis Courts

About This Home

As of November 2020

Stately 2 story w/ nice curb appeal in popular Palomar community. Rear yard is huge w/ mature trees, fenced w/ 3 gates, & seller has added large patio. $30K added to indoor/outdoor porch w/ brick flooring installed by Champion (sq ft counted in total sq ft). Kitchen was painstakingly redesigned w/ granite counters, antiqued white flushmount cabinets, kitchen bar, stainless appliances & nice sized eating area overlooking mature landscaping in backyard. Flanked fireplace in family room w/ custom built in cabinets. Living room/flex room/office/playroom has french doors. Formal dining room is perfect size. 1st floor plus stairs feature hardwood in good shape. Master suite is vaulted w/ en-suite bath that has separate shower, garden tub, tile & walk in closet. Large, floored walk in storage area. Windows replaced 3 yrs ago, exterior doors & carriage style garage door also replaced. Furnace replaced (downstairs 2019,upstairs 2018), fridge & microwave replaced 2019. Pool & tennis to enjoy!

Last Agent to Sell the Property

Melinda Duncan

RE/MAX Creative Realty License #183795 Listed on: 02/20/2020

RE/MAX Creative Realty

Last Buyer's Agent

Melinda Duncan

RE/MAX Creative Realty License #183795 Listed on: 02/20/2020

RE/MAX Creative Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,677

Year Built

  • Built in 1991

Lot Details

  • 0.44 Acre Lot
  • Wood Fence
  • Wire Fence

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Block Foundation
  • Dimensional Roof
  • Vinyl Siding

Interior Spaces

  • 2,650 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Insulated Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Washer and Gas Dryer Hookup
  • Crawl Space
  • Attic Floors

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Patio

Schools

  • Rosa Parks Elementary School
  • Beaumont Middle School
  • Not Applicable Middle School
  • Dunbar High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 20055220

Community Details

Overview

  • Association fees include pool maintenance, common area maintenance
  • Palomar Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,677

Year Built

Built in 1991

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1991
  • Levels: Two
  • New Construction: No
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Elementary School: Rosa Parks
  • Location Tax Legal Info:Middle or Junior School: Beaumont
  • Location Tax Legal Info:High School: Dunbar
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2020-02-20
  • General Property Description:Lot Size Acres: 0.44
  • General Property Description:Waterfront: No
  • Utilities:Electricity2: Electricity Connected
  • Stories:Two2: Yes
  • Roof:Dimensional Style: Yes
  • Basement: No
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Attic:Attic YN: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • HOA Information:HOACondo Mandatory YN: Yes
  • Utilities:Natural Gas3: Natural Gas Connected
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Wood2: Yes
  • Cooling:Zoned: Yes
  • Attic:Partially Floored: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Attic:Walk-In2: Yes
  • Kitchen Level: First
  • Primary Bedroom Level: Second
  • Bathroom 1 Level: Second
  • Bedroom 1 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Bathroom 2 Level: First
  • General Property Description:Finished Area Total: 2650.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Walk-In Closet(s), Breakfast Bar, Entrance Foyer, Ceiling Fan(s)
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Crawl Space
  • Total Bedrooms: 4
  • Lot Size Area: 0.44
  • Window Features: Insulated Windows
  • Fireplace Features:Fireplace YN: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Community Features:Pool4: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Masonry2: Yes
  • Fireplace Features:Family Room3: Yes
  • Community Features:Park: Yes
  • Fireplace Features:Gas Starter2: Yes
  • Community Features:Tennis Court(s): Yes
  • Family Room Level: First
  • Foyer Level: First
  • Utility Room Level: Second
  • General Property Description:_pound_ of Half Baths: 1

Exterior Features

  • Construction Materials: Vinyl Siding, Brick Veneer
  • Fencing: Wood
  • List Price: 350000.0
  • Lot Features: Homeowners Assn
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Patio3: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Garage Door Opener
  • Garage Features:Garage YN: Yes
  • Garage Features:Garage Spaces: 2.0
  • Garage Features:Attached: Yes
  • Garage Features:Garage Door Opener: Yes

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Utilities: Underground Utilities
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 180
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Tennis Court(s), Park, Pool
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Pool Maintenance, Common Area Maintenance

Schools

  • Elementary School: Rosa Parks
  • High School: Dunbar
  • Middle or Junior School: Beaumont

Lot Info

  • Lot Size Acres: 0.44
  • Lot Size Sq Ft: 19166.42
  • Parcel Number: 20055220
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Nov 23, 2020
Sold by
Bass Jonathan M and Bass Megumi
Bought by
Kerris Marcus and Kerris Casey
Seller's Agent
Melinda Duncan
RE/MAX Creative Realty
Buyer's Agent
Melinda Duncan
RE/MAX Creative Realty
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%
Current Estimated Value
$525,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,815
Avg. Annual Appreciation
9.95%

Purchase Details

Closed on
Jan 18, 2017
Sold by
Estepp Steven W and Estepp Jane M
Bought by
Bass Jonathan M and Bass Megumi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Kerris Marcus $335,000 --
Bass Jonathan M $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Estepp Steven W $304,000
Previous Owner Estepp Steven W $225,000
Previous Owner Estepp Steven W $150,000
Previous Owner Estepp Steven W $181,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $335,000 -4.3% $126 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $350,000 +4.5% $132 / Sq Ft
07/30/2020 07/30/20 Off Market $335,000 -- --
04/15/2020 04/15/20 Price Changed $350,000 -4.1% $132 / Sq Ft
02/20/2020 02/20/20 For Sale $365,000 -- $138 / 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 $3,677 $335,000 $0 $0
2023 $3,677 $335,000 $0 $0
2022 $3,802 $335,000 $0 $0
2021 $3,802 $335,000 $0 $0
2020 $3,972 $350,000 $0 $0
2019 $3,631 $320,000 $0 $0
2018 $3,631 $320,000 $0 $0
2017 $3,439 $320,000 $0 $0
2015 $2,611 $267,500 $0 $0
2014 $2,611 $267,500 $0 $0
2012 $2,611 $267,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melinda Duncan

    Seller's Agent in 2020

    Melinda Duncan

    RE/MAX

    (859) 396-9034

    6 in this area

    207 Total Sales

    Melinda Duncan
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20003675

ImagineMLS (Bluegrass REALTORS®)

APN: 20055220

Kentucky Fayette County Lexington 40513 Palomar

4116 Palmetto Dr, Lexington, KY

This home is located at 4116 Palmetto Dr, Lexington, KY 40513 since 20 February 2020 and is currently estimated at $525,815, approximately $198 per square foot. This property was built in 1991. 4116 Palmetto Dr is a home located in Fayette County with nearby schools including Rosa Parks Elementary School, Beaumont Middle School, and Paul Laurence Dunbar 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.

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