NOT LISTED FOR SALE

424 Malabu Dr Lexington, KY 40502

Lansdowne Neighborhood

Estimated Value: $519,000 - $588,000

3 Beds
3 Baths
3,180 Sq Ft
$174/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $440,000 $138 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,274/month

8 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Fireplace
  • Glendover Elementary School Rated A-
  • Neighborhood Views
  • Attached Garage

About This Home

As of June 2022

Nestled in what could arguably be one of the most convenient locations in Lexington, this ranch style home on a partially finished basement sits proudly at the corner of Malabu Drive and Lansdowne Drive. Lovingly cared for by the same family for 50+ years means you're getting a rare opportunity at this '02 treat!
With 3 bedrooms and 2 full baths on the first floor, plus a family, living and dining rooms, there are tons of opportunities to spread out. Over the years the addition of a side entry room and a sun room give ample opportunity to modify and remodel this home into a floorplan more conducive to todays uses. The icing on the cake is the basement with 2 separate rooms, one with large closet and a full bath and additional storage room. I have no doubt these walls hold many memories but they have plenty of room for more as the next owner makes their life at 424 Malabu Drive!

Last Agent to Sell the Property

Ben Allen

The Brokerage License #276435 Listed on: 05/17/2022

The Brokerage

Last Buyer's Agent

Morgan Withrow

The Brokerage License #220861

The Brokerage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 0.38

Home Design

  • Ranch Style House
  • Brick Veneer
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • Ceiling Fan
  • Fireplace
  • Blinds
  • Window Screens
  • Neighborhood Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Attic

  • Attic Floors
  • Permanent Attic Stairs

Basement

  • Partial Basement
  • Sump Pump

Parking

  • Attached Garage
  • Side Facing Garage
  • Driveway

Schools

  • Glendover Elementary School
  • Morton Middle School
  • Henry Clay High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Additional Features

  • Patio
  • 0.38 Acre Lot

Community Details

  • Brookhaven Subdivision

Listing and Financial Details

  • Assessor Parcel Number 51722000

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0.38 Acres

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 1962
  • Above Grade Finished Sq Ft: 2300.0
  • Levels: One
  • New Construction: No
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Ranch: Yes
  • Foundation Details:Block3: Yes
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Range
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Partial, Sump Pump
  • Basement: Yes
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 880.0
  • Fireplace: Yes
  • LivingArea: 3180.0
  • Lot Size Area: 0.38
  • Window Features: Blinds, Screens, Window Treatments
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Basement:Partial: Yes
  • Basement:Sump Pump: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Brick Veneer
  • Foundation Details: Block
  • List Price: 425000.0
  • Patio And Porch Features: Patio
  • View: Neighborhood
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Screens: Yes
  • Window Features:Window Treatments: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: Yes
  • Parking Features: Attached Garage, Driveway, Garage Faces Side
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Glendover
  • High School: Henry Clay
  • Middle or Junior School: Morton

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Sq Ft: 16627.0
  • Parcel Number: 51722000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jun 24, 2022
Bought by
Tyler Clarke James and Tyler Mckenzie
Seller's Agent
Ben Allen
The Brokerage
Buyer's Agent
Morgan Withrow
The Brokerage
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%
Current Estimated Value
$552,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,606
Avg. Annual Appreciation
6.30%
Original Mortgage
$300,000
Outstanding Balance
$284,607
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$267,999
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tyler Clarke James $440,000 --
Clarke James Tyler $440,000 Bluegrass Land Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarke James Tyler $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $440,000 +3.5% $138 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $425,000 -- $134 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

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 $4,790 $440,000 $0 $0
2024 $4,790 $440,000 $0 $0
2023 $4,790 $440,000 $0 $0
2022 $2,761 $285,900 $0 $0
2021 $2,761 $285,900 $0 $0
2020 $2,414 $253,900 $0 $0
2019 $2,414 $253,900 $0 $0
2018 $2,434 $253,900 $0 $0
2017 $2,304 $253,900 $0 $0
2015 $1,537 $253,900 $0 $0
2014 $1,537 $217,900 $0 $0
2012 $1,537 $193,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ben Allen

    Seller's Agent in 2022

    Ben Allen

    The Brokerage

    (859) 333-1267

    2 in this area

    111 Total Sales

    Ben Allen
    Section Image
  • Morgan Withrow

    Buyer's Agent in 2022

    Morgan Withrow

    The Brokerage

    (859) 699-9049

    6 in this area

    91 Total Sales

    Morgan Withrow
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22010002

ImagineMLS (Bluegrass REALTORS®)

APN: 51722000

Kentucky Fayette County Lexington 40502 Lansdowne

424 Malabu Dr, Lexington, KY

Not Listed for Sale

Detached

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