NOT LISTED FOR SALE

485 Alderbrook Way Lexington, KY 40515

Waterford-South Point Neighborhood

Estimated Value: $477,000 - $517,000

4 Beds
2.5 Baths
3,852 Sq Ft
$128/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $348,000 $90 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,957/month

11 Days on Market

Highlights

  • Deck
  • Community Pool
  • 2 Car Attached Garage
  • Recreation Room
  • Tennis Courts
  • Eat-In Kitchen

About This Home

As of December 2020

Open house this Sunday from 1-3! This lovely 2 story home is ready for its new owner! Features include a new roof (2017) still under warranty, updated master bathroom and finished walkout basement. The basement features a bonus room that is currently being utilized as a 5th bedroom, but would also make a perfect home office! The property backs to a wooded area and creek that makes for a private and peaceful outdoor space. The backyard also features a patio with a fire pit & multi-level deck perfect for entertaining. Conveniently located in Southpoint close to parks, walking trails and outdoor recreation areas.

Last Agent to Sell the Property

Eric Bumm

The Brokerage License #217521 Listed on: 10/29/2020

The Brokerage

Last Buyer's Agent

Shawn Collins

A Unique Realty Company License #202807

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,303

Year Built

  • Built in 2004

Lot Details

  • 6,534 Sq Ft Lot
  • Many Trees

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Dimensional Roof
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Bonus Room
  • Utility Room
  • Washer and Gas Dryer Hookup
  • Attic Access Panel
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Soaking Tub

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Lansdowne Elementary School
  • Southern Middle School
  • Tates Creek High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 38092300

Community Details

Overview

  • Association fees include trash
  • Southpoint Subdivision
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,303

Year Built

Built in 2004

Lot Details

0

HOA Fees

$2 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 2601.0
  • Levels: Two
  • New Construction: No
  • Roof:Dimensional Style: 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
  • Roof:Composition: Yes
  • Roof:Shingle: Yes
  • Percent Basement Finished: Yes
  • Cooling:Zoned: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Walk-In Closet(s)
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Concrete, Finished, Full, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1251.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room, Masonry
  • Fireplace: Yes
  • LivingArea: 3852.0
  • Lot Size Area: 0.15
  • Window Features: Blinds, Window Treatments
  • Basement:Concrete: Yes
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Composition, Dimensional Style, Shingle
  • Construction Materials: Vinyl Siding, Brick Veneer
  • List Price: 344900.0
  • Lot Features: Many Trees
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Exterior Features:Storm Door(s): 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

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling: Yes
  • 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 Fee: 25.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Park, Pool, Tennis Court(s)

Fee Information

  • Association Fee Includes: Trash

Schools

  • Elementary School: Lansdowne
  • High School: Tates Creek
  • Middle or Junior School: Southern

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.01
  • Parcel Number: 38092300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 11, 2020
Sold by
Wright James M and Wright Serenity T
Bought by
Hobdy James B and Hobdy Latrisha
Seller's Agent
Eric Bumm
The Brokerage
Buyer's Agent
Shawn Collins
A Unique Realty Company
List Price
$344,900
Sold Price
$348,000
Premium/Discount to List
$3,100
0.9%
Current Estimated Value
$491,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,137
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Sep 16, 2008
Sold by
Btig Inc
Bought by
Wright James M and Wright Serenity T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2008
Sold by
Carter Stephon and Carter Cheryl
Bought by
Btig Inc
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
Hobdy James B $348,000 --
Wright James M $212,000 Summit Title Services Llc
Btig Inc $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hobdy James B $162,781
Previous Owner Hobdy James B $180,000
Previous Owner Wright James M $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $348,000 +0.9% $90 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $344,900 -- $90 / 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 $4,303 $348,000 $0 $0
2023 $4,303 $348,000 $0 $0
2022 $4,445 $348,000 $0 $0
2021 $4,445 $348,000 $0 $0
2020 $3,545 $277,500 $0 $0
2019 $3,545 $277,500 $0 $0
2018 $3,545 $277,500 $0 $0
2017 $3,378 $277,500 $0 $0
2015 $3,106 $277,500 $0 $0
2014 $3,106 $277,500 $0 $0
2012 $3,106 $277,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Bumm

    Seller's Agent in 2020

    Eric Bumm

    The Brokerage

    (859) 229-5632

    3 in this area

    100 Total Sales

    Eric Bumm
    Section Image
  • Shawn Collins

    Buyer's Agent in 2020

    Shawn Collins

    A Unique Realty Company

    (859) 539-2866

    2 in this area

    18 Total Sales

    Shawn Collins
    Section Image
See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20022432

ImagineMLS (Bluegrass REALTORS®)

APN: 38092300

Kentucky Fayette County Lexington 40515 Waterford-South Point

485 Alderbrook Way, Lexington, KY

This home is located at 485 Alderbrook Way, Lexington, KY 40515 since 29 October 2020 and is currently estimated at $491,137, approximately $127 per square foot. This property was built in 2004. 485 Alderbrook Way is a home located in Fayette County with nearby schools including Lansdowne Elementary School, Southern Middle School, and Tates Creek 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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