NOT LISTED FOR SALE

488 McConnells Trace Lexington, KY 40511

McConnell's Trace Neighborhood

Estimated Value: $259,705 - $292,000

3 Beds
2 Baths
1,200 Sq Ft
$227/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $150,000 $125 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,630/month

1 Day on Market

Highlights

  • Community Pool
  • Tennis Courts
  • Brick Veneer
  • Meadowthorpe Elementary School Rated A
  • 2 Car Attached Garage
  • Cooling Available

About This Home

As of February 2019

Super cute 3 bedroom 2 bath ranch home in desirable McConnells Trace and it's perfect for first time home-buyers.! Great open floor plan with new attractive laminate faux wood flooring.The family room features vaulted ceilings and opens to the kitchen which has beautiful wood cabinets and dining area. Off the kitchen is a patio great for entertaining. There is a separate utility room. Close to walking trails, the Interstate, The University of Kentucky, University of Transylvania, downtown, shopping, restaurants and so much more!This spacious ranch style home is located in the desirable neighborhood of McConnell Trace! stroll on the nearby walking trails. You can also join the neighborhood club house, pool, 24 tanning, fitness center and an early education center Creation Kingdom.

Last Agent to Sell the Property

Eric Bryant

Horse Capital Realty License #222110 Listed on: 01/16/2019

Co-Listed By

Carol Bryant

Horse Capital Realty License #175491

Last Buyer's Agent

Rafael Figueroa

ERA Select Real Estate License #276466

ERA Select Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,164

Year Built

  • Built in 2004

Lot Details

  • 4,792

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Veneer
  • Slab Foundation
  • Dimensional Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Washer and Gas Dryer Hookup
  • Attic Access Panel

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Meadowthorpe Elementary School
  • Leestown Middle School
  • Dunbar High School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Electric Water Heater

Additional Features

  • Patio
  • 4,792 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 38112390

Community Details

Overview

  • Mcconnell Trace Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,164

Year Built

Built in 2004

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 1200.0
  • Levels: One
  • 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
  • Foundation Details:Slab: 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), Primary Downstairs
  • Flooring: Laminate, Tile, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 3
  • Fireplace: No
  • LivingArea: 1200.0
  • Lot Size Area: 0.11
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Other, Brick Veneer
  • Foundation Details: Slab
  • List Price: 150000.0
  • Patio And Porch Features: Patio
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 75.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Park, Pool, Tennis Court(s)

Schools

  • Elementary School: Meadowthorpe
  • High School: Dunbar
  • Middle or Junior School: Leestown

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Parcel Number: 38112390

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2019
Closed on
Mar 5, 2019
Sold by
Callaway Anthony W and Callaway Patricia B
Bought by
Alvarado Maribel
Seller's Agent
Eric Bryant
Horse Capital Realty
Buyer's Agent
Rafael Figueroa
ERA Select Real Estate
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$272,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,426
Avg. Annual Appreciation
9.46%
Original Mortgage
$142,500
Outstanding Balance
$125,787
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$146,639
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
Alvarado Maribel $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarado Maribel $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2019 02/22/19 Sold $150,000 0.0% $125 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $150,000 -- $125 / 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 $2,164 $175,000 $0 $0
2023 $2,164 $175,000 $0 $0
2022 $2,235 $175,000 $0 $0
2021 $2,235 $175,000 $0 $0
2020 $1,916 $150,000 $0 $0
2019 $1,916 $150,000 $0 $0
2018 $1,719 $134,600 $0 $0
2017 $1,639 $134,600 $0 $0
2015 $1,275 $113,900 $0 $0
2014 $1,275 $113,900 $0 $0
2012 $1,275 $113,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Bryant

    Seller's Agent in 2019

    Eric Bryant

    Horse Capital Realty

    (804) 822-0908

    52 Total Sales

    Eric Bryant
    Section Image
  • Carol Bryant

    Seller Co-Listing Agent in 2019

    Carol Bryant

    Horse Capital Realty

    (859) 221-5940

    65 Total Sales

    Carol Bryant
    Section Image
  • Rafael Figueroa

    Buyer's Agent in 2019

    Rafael Figueroa

    ERA Select Real Estate

    (859) 312-7917

    22 Total Sales

    Rafael Figueroa
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1901054

ImagineMLS (Bluegrass REALTORS®)

APN: 38112390

Kentucky Fayette County Lexington 40511 McConnell's Trace

488 McConnells Trace, Lexington, KY

This home is located at 488 McConnells Trace, Lexington, KY 40511 since 16 January 2019 and is currently estimated at $272,426, approximately $227 per square foot. This property was built in 2004. 488 McConnells Trace is a home located in Fayette County with nearby schools including Meadowthorpe Elementary School, Leestown 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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