NOT LISTED FOR SALE

425 Groves Point Way Lexington, KY 40517

Patchen Woods-Chippen Dale Neighborhood

Estimated Value: $286,801 - $323,000

4 Beds
2.5 Baths
1,974 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $205,000 $104 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,817/month

1 Day on Market

Highlights

  • Deck
  • Wooded Lot
  • Tennis Courts
  • Cassidy Elementary School Rated A
  • Bonus Room
  • 4-minute walk to Mount Tabor Park

About This Home

As of July 2020

Welcome home to this 4 bedroom, 2.5 bathroom house that boasts lots of flexible space. The kitchen has stainless steel appliances, granite countertops, and cabinets that are only a few years old. Step outside and enjoy the recently rebuilt deck facing the beautiful, flat back yard full of trees. The third floor has a large bonus room above the owner's suite that would make a great home office, hobby room or 5th bedroom. The location is convenient to restaurants, shops, and Mt Tabor Park.

Last Agent to Sell the Property

Chad Bowman

The Brokerage License #276379 Listed on: 07/04/2020

The Brokerage

Last Buyer's Agent

Jason Scolf

Milestone Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,535

Year Built

  • Built in 1986

Lot Details

  • 8,276 Sq Ft Lot
  • Wood Fence
  • Wire Fence
  • Wooded Lot
  • Many Trees

Home Design

  • Dimensional Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,974 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 20029390

Community Details

Overview

  • Groves Point Subdivision

Recreation

  • Tennis Courts
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,535

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1986
  • Above Grade Finished Sq Ft: 1974.0
  • Levels: Three Or More
  • New Construction: No
  • Roof:Dimensional Style: Yes
  • Flooring:Carpet: 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
  • Fencing:Chain Link: Yes
  • Appliances Refrigerators: Yes
  • Roof:Composition: Yes
  • Fencing:Wood2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • LivingArea: 1974.0
  • Lot Size Area: 0.19
  • Window Features: Blinds
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Composition, Dimensional Style
  • Construction Materials: Wood Siding
  • Fencing: Chain Link, Wood
  • List Price: 205000.0
  • Lot Features: Many Trees, Wooded
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Waterfront: No
  • Window Features:Blinds: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Tennis Court(s)

Schools

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

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.41
  • Parcel Number: 20029390

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2020
Closed on
Aug 10, 2020
Sold by
Downs Matthew R and Downs Kathryn R
Bought by
Baysore Michele Denise
Seller's Agent
Chad Bowman
The Brokerage
Buyer's Agent
Jason Scolf
Milestone Realty Consultants
List Price
$205,000
Sold Price
$205,000
Current Estimated Value
$306,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,950
Avg. Annual Appreciation
8.01%

Purchase Details

Listed on
May 19, 2015
Closed on
Jul 28, 2015
Sold by
Bowling Robert L
Bought by
Downs Matthew R and Downs Kathryn R
Seller's Agent
Heather Coffman
Berkshire Hathaway de Movellan Properties
Buyer's Agent
Thomas P Finsand
Keller Williams Bluegrass Realty
List Price
$176,000
Sold Price
$176,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%
Original Mortgage
$158,400
Interest Rate
4.08%
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
Baysore Michele Denise $205,000 --
Downs Matthew R $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downs Matthew R $158,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $205,000 0.0% $104 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $205,000 +16.5% $104 / Sq Ft
07/24/2015 07/24/15 Sold $176,000 0.0% $91 / Sq Ft View Prior Sale
06/19/2015 06/19/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $176,000 -- $91 / 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 $2,535 $205,000 $0 $0
2023 $2,535 $205,000 $0 $0
2022 $2,619 $205,000 $0 $0
2021 $2,619 $205,000 $0 $0
2020 $2,248 $176,000 $0 $0
2019 $2,248 $176,000 $0 $0
2018 $2,248 $176,000 $0 $0
2017 $2,143 $176,000 $0 $0
2015 $1,255 $112,100 $0 $0
2014 $1,255 $112,100 $0 $0
2012 $1,255 $112,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Bowman

    Seller's Agent in 2020

    Chad Bowman

    The Brokerage

    (859) 396-5256

    3 in this area

    130 Total Sales

    Chad Bowman
    Section Image

  • J

    Buyer's Agent in 2020

    Jason Scolf

    Milestone Realty Consultants

  • H

    Seller's Agent in 2015

    Heather Coffman

    Berkshire Hathaway de Movellan Properties

  • Thomas P Finsand

    Buyer's Agent in 2015

    Thomas P Finsand

    Keller Williams Bluegrass Realty

    (859) 940-2447

    1 in this area

    30 Total Sales

    Thomas P Finsand
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20013481

ImagineMLS (Bluegrass REALTORS®)

APN: 20029390

Kentucky Fayette County Lexington 40517 Patchen Woods-Chippen Dale

425 Groves Point Way, Lexington, KY

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