4344 Gum Tree Ln Lexington, KY 40513
Palomar NeighborhoodEstimated Value: $527,000 - $554,484
5
Beds
3.5
Baths
2,716
Sq Ft
$200/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Deck
- Main Floor Primary Bedroom
- Rosa Parks Elementary School Rated A
- Wood Flooring
- Attic
About This Home
As of December 2022Adorable Cape Cod, which was Parade of Homes Model, featuring much sought after first floor master w/ tastefully remodeled handicap accessible master bath completed w/ gorgeous tiled floors, specialty shower installed for water to go to middle drain, raised double vanities w/ gray veined marble type countertops & nice lighting w/ walk in closet plus linen closet. Engineered hardwood floors throughout first floor w/ carpet (only 1 year old) in primary bedroom. Large family room w/ gas logs & rear staircase. Formal dining room used as office or sitting room in the past. Spacious kitchen w/ lots of room for large table has all stainless appliances. Cabinets have pull out drawers for lots of storage & trash. Pantry & laundry room featuring lots of shelving. Sliding doors that lead to the covered gazebo have been replaced. Powder room has new vanity, tile & lighting. Many possibilities upstairs w/ a bedroom w/ en suite full bath, 2 additional bedrooms w/ jack & jill bath & walk in closets plus a 5th bedroom being used as rec room. Newly fenced backyard w/ deck & rear gate leading to eateries & shops. Private yet has stellar walkability! Beautifully maintained home w/ lots of updates!
Last Agent to Sell the Property
RE/MAX Creative Realty License #183795 Listed on: 11/09/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,939
Year Built
- Built in 1990
Lot Details
- 7,706 Sq Ft Lot
- Privacy Fence
- Wood Fence
- Wire Fence
HOA Fees
- $60 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Cape Cod Architecture
- Brick Veneer
- Block Foundation
- Dimensional Roof
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,716 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Blinds
- Entrance Foyer
- Great Room
- Living Room with Fireplace
- Dining Room
- Utility Room
- Attic Floors
- Storm Doors
- Property Views
Kitchen
- Eat-In Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Accessible Home Design
- Accessible Full Bathroom
- Handicap Accessible
- Accessible Approach with Ramp
Outdoor Features
- Deck
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
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 20055700
Community Details
Overview
- Association fees include pool maintenance, common area maintenance, recreation facility, management
- Palomar Subdivision
Recreation
- Tennis Courts
- Community Pool
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2022
Closed on
Dec 19, 2022
Sold by
Smith Edwina G and Smith Charles M
Bought by
Francisco Jason Ryan and Francisco Janna Jackson
Seller's Agent
Melinda Duncan
RE/MAX Creative Realty
Buyer's Agent
Nicholas Ratliff
Real Broker, LLC
List Price
$462,500
Sold Price
$450,000
Premium/Discount to List
-$12,500
-2.7%
Total Days on Market
6
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,371
Avg. Annual Appreciation
7.88%
Original Mortgage
$360,000
Outstanding Balance
$351,525
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$190,846
Purchase Details
Closed on
Apr 6, 2021
Sold by
Smith Charles M and Smith Edwina G
Bought by
Smith Edwina G
Similar Homes in Lexington, KY
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Francisco Jason Ryan | $450,000 | Bluegrass Land Title Llc | |
| Smith Edwina G | $311,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Francisco Jason Ryan | $360,000 | |
| Previous Owner | Smith Charles M | $283,400 | |
| Previous Owner | Smith Charles M | $299,150 | |
| Previous Owner | Smith Charles M | $317,685 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/19/2022 12/19/22 | Sold | $450,000 | -2.7% | $166 / Sq Ft |
| 11/18/2022 11/18/22 | Pending | -- | -- | -- |
| 11/11/2022 11/11/22 | For Sale | $462,500 | -- | $170 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
Tax History Compared to Growth
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 | $4,939 | $450,000 | $0 | $0 |
| 2023 | $4,939 | $450,000 | $0 | $0 |
| 2022 | $3,532 | $311,200 | $0 | $0 |
| 2021 | $3,532 | $311,200 | $0 | $0 |
| 2020 | $3,532 | $311,200 | $0 | $0 |
| 2019 | $3,532 | $311,200 | $0 | $0 |
| 2018 | $3,532 | $311,200 | $0 | $0 |
| 2017 | $3,345 | $311,200 | $0 | $0 |
| 2015 | $2,303 | $236,000 | $0 | $0 |
| 2014 | $2,303 | $236,000 | $0 | $0 |
| 2012 | $2,303 | $236,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Melinda Duncan
Seller's Agent in 2022
Melinda Duncan
RE/MAX
(859) 396-9034
6 in this area
214 Total Sales
-
Nicholas Ratliff
Buyer's Agent in 2022
Nicholas Ratliff
Real Broker, LLC
(859) 305-1224
3 in this area
242 Total Sales
-
N
Buyer's Agent in 2022
Nick Ratliff Realty Team -Nick Ratliff
Better Homes & Gardens Cypress of Lexington
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 22024624
APN: 20055700
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