NOT LISTED FOR SALE

4140 Palmetto Dr Lexington, KY 40513

Palomar Neighborhood

Estimated Value: $562,000 - $608,529

4 Beds
3.5 Baths
3,524 Sq Ft
$169/Sq Ft Est. Value

Last Sold May 12, 2020

Last sale price $416,000 $118 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,673/month

Highlights

  • Wood Flooring
  • Bonus Room
  • Community Pool
  • Rosa Parks Elementary School Rated A
  • Great Room with Fireplace
  • Tennis Courts

About This Home

As of May 2020

This beautifully upgraded home in desirable Palomar has it all! Perfect for entertaining with an open floorplan & finished basement with family room, office/bonus room & full bath. Modern kitchen features new cabinetry, granite countertops with bar seating, stainless steel appliances, subway tile backsplash & farmhouse sink. Spacious master suite includes a large walk-in closet & upgraded bathroom with custom tiled shower, separate tub, tile flooring & double vanity. Upstairs are 3 more generously sized bedrooms, full bath & laundry room. Enjoy relaxing in the heated/cooled four season sunroom or inside by the gas log fireplace. Other features include custom wainscoting, beautiful nickel light fixtures/chandeliers & neutral paint colors throughout. Amazing location close to shopping/restaurants in Palomar Centre and S. Elkhorn Village. Plus, the neighborhood pool, clubhouse, tennis/basketball courts & playground are right up the street. 1 year home warranty. Schedule your tour today!

Last Agent to Sell the Property

Lindsay Muzic

Emmerich Muzic Realty License #215210 Listed on: 03/13/2020

Last Buyer's Agent

Michael Martin

The Brokerage License #206526

The Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,566

Year Built

  • Built in 1988

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence
  • Wire Fence

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,824 Sq Ft Home
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Utility Room
  • Washer and Gas Dryer Hookup

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Schools

  • Rosa Parks Elementary School
  • Beaumont Middle School
  • Dunbar High School

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities

Listing and Financial Details

  • The owner pays for pool maintenance
  • Assessor Parcel Number 20055270

Community Details

Overview

  • Association fees include insurance
  • Palomar Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,566

Year Built

Built in 1988

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1988
  • Above Grade Finished Sq Ft: 2824.0
  • Levels: Two
  • New Construction: No
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: 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
  • Flooring:Laminate: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Wood2: Yes
  • Roof:Shingle: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Walk-In Closet(s)
  • Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Concrete, Full, Interior Entry, Partially Finished
  • Basement: Yes
  • Total Bedrooms: 4
  • Fireplace Features: Factory Built, Gas Log, Great Room
  • Fireplace: Yes
  • LivingArea: 2824.0
  • Lot Size Area: 0.2
  • Owner Pays: Pool Maintenance
  • Window Features: Blinds, Insulated Windows, Screens, Window Treatments
  • Basement:Concrete: Yes
  • Full Basement: Yes
  • Fireplace Features:Factory Built: 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
  • Basement:Partially Finished: Yes
  • Basement:Interior Entry: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Vinyl Siding
  • Fencing: Wood
  • List Price: 416000.0
  • Waterfront: No
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached Garage, Garage Door Opener, Garage Faces Rear, Garage Faces Side, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Recreational Facilities
  • Association Fee: 180.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Park, Pool, Tennis Court(s)

Fee Information

  • Association Fee Includes: Insurance

Schools

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.01
  • Parcel Number: 20055270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
May 20, 2020
Sold by
Craw Brian and Craw Ashley N
Bought by
Pelfrey Mikael B and Pelfrey Sagan
Seller's Agent
Lindsay Muzic
Emmerich Muzic Realty
Buyer's Agent
Michael Martin
The Brokerage
List Price
$416,000
Sold Price
$416,000
Current Estimated Value
$594,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,382
Avg. Annual Appreciation
6.95%
Original Mortgage
$311,000
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 13, 2014
Closed on
May 12, 2015
Sold by
Welsh Norris Eugene and Welsh Mary Helen
Bought by
Craw Brian and Craw Ashley N
Seller's Agent
Rick Scott
Rector Hayden Realtors
Buyer's Agent
Lindsay Muzic
Estate Source, LLC
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$252,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage
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
Pelfrey Mikael B $416,000 --
Craw Brian $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craw Brian $306,000
Closed Craw Brian $311,000
Previous Owner Craw Brian $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2020 05/12/20 Sold $416,000 0.0% $118 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $416,000 +48.6% $118 / Sq Ft
05/07/2015 05/07/15 Sold $280,000 0.0% $99 / Sq Ft
03/05/2015 03/05/15 Pending -- -- --
10/13/2014 10/13/14 For Sale $280,000 -- $99 / 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 $4,566 $416,000 $0 $0
2023 $4,566 $416,000 $0 $0
2022 $4,721 $416,000 $0 $0
2021 $4,721 $416,000 $0 $0
2020 $3,450 $304,000 $0 $0
2019 $3,450 $304,000 $0 $0
2018 $3,177 $280,000 $0 $0
2017 $3,009 $280,000 $0 $0
2015 $2,294 $269,000 $0 $0
2014 $2,294 $233,000 $0 $0
2012 $2,294 $269,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lindsay Muzic

    Emmerich Muzic Realty

  • Michael Martin

    Buyer's Agent in 2020

    Michael Martin

    The Brokerage

    (859) 396-7063

    1 in this area

    119 Total Sales

    Michael Martin
    Section Image
  • Rick Scott

    Seller's Agent in 2015

    Rick Scott

    Rector Hayden Realtors

    (610) 889-7760

    23 Total Sales

    Rick Scott
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20005270

ImagineMLS (Bluegrass REALTORS®)

APN: 20055270

Kentucky Fayette County Lexington 40513 Palomar

4140 Palmetto Dr, Lexington, KY

This home is located at 4140 Palmetto Dr, Lexington, KY 40513 since 13 March 2020 and is currently estimated at $594,382, approximately $168 per square foot. This property was built in 1988. 4140 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.

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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