NOT LISTED FOR SALE

501 Ashley Way Lexington, KY 40503

Open Gates Neighborhood

Estimated Value: $325,174 - $377,000

4 Beds
2 Baths
1,978 Sq Ft
$180/Sq Ft Est. Value

Last Sold March 06, 2015

Last sale price $163,000 $82 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,097/month

199 Days on Market

Highlights

  • Guest House
  • Deck
  • Community Pool
  • Clays Mill Elementary School Rated A
  • Main Floor Primary Bedroom
  • Tennis Courts

About This Home

As of March 2015

Beautiful 4 bedroom home on quiet cul de sac in Open Gates Subdivision! Large sunny kitchen with pantry, smooth top range, space saver microwave and tiled backsplash all open to breakfast room, spacious living room, 3 bedrooms on main level including owner's suite with his and hers closets, bedroom and full bath in basement along with family room with fireplace, 2 full baths each with linen closets, oversized attached 2-car garage, tiered decks with lots of shade trees, basketball court and pie shaped fenced yard with shed! Covered front stoop, two story entry with wood floor, new tiled shower in bath 2011, new kitchen countertop 2010, some fresh exterior paint, new light fixtures and cabinet hardware in baths, solid vinyl replacement windows 2005, new dimensional roof shingles 2008, new heat pump 2004, new panelled garage door and opener with keypad 2003! New french door fridge and washer and dryer included! $2000 allowance from seller to new homeowner!

Last Agent to Sell the Property

Rebecca Griggs Kundinger

WEICHERT REALTORS - ABG Properties Listed on: 07/30/2012

Last Buyer's Agent

Rebecca Griggs Kundinger

WEICHERT REALTORS - ABG Properties Listed on: 07/30/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,749

Year Built

  • Built in 1980

Lot Details

  • 8,712 Sq Ft Lot
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence
  • Wire Fence
  • Many Trees

Parking

  • 2 Car Garage
  • Basement Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Brick Veneer
  • Block Foundation
  • Dimensional Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Multi-Level Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Attic Access Panel
  • Storm Doors

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Deck
  • Shed

Additional Homes

  • Guest House

Schools

  • Clays Mill Elementary School
  • Jessie Clark Middle School
  • Lafayette High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 55342032

Community Details

Overview

  • Open Gates Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,749

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 1319.0
  • Levels: Multi/Split
  • New Construction: No
  • Roof:Dimensional Style: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Foundation Details:Block3: Yes
  • Flooring:Laminate: Yes
  • Fencing:Chain Link: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Privacy: Yes
  • Fencing:Partial2: Yes
  • Fencing:Wood2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Other Structures:Guest House: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, In-Law Floorplan, Primary Downstairs
  • Flooring: Laminate, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Partially Finished, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 659.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Family Room, Masonry
  • Fireplace: Yes
  • LivingArea: 1978.0
  • Lot Size Area: 0.2
  • Window Features: Blinds, Insulated Windows, Screens, Window Treatments
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Partially Finished: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Dimensional Style, Shingle
  • Construction Materials: Wood Siding, Brick Veneer
  • Fencing: Chain Link, Partial, Privacy, Wood
  • Foundation Details: Block
  • List Price: 169900.0
  • Lot Features: Many Trees
  • Other Structures: Guest House, Shed(s)
  • Patio And Porch Features: Deck
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Exterior Features:Storm Door(s): Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Basement, Garage Door Opener, Garage Faces Rear, Garage Faces Side

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Heat Pump
  • Cooling: Electric
  • 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

  • Community Features: Park, Pool, Tennis Court(s)

Schools

  • Elementary School: Clays Mill
  • High School: Lafayette
  • Middle or Junior School: Jessie Clark

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.01
  • Parcel Number: 55342032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2012
Closed on
Mar 19, 2015
Sold by
Griggs Robert and Griggs Sheila K
Bought by
Morris Stephanie A and Morris Jesse M
Seller's Agent
Rebecca Griggs Kundinger
WEICHERT REALTORS - ABG Properties
Buyer's Agent
Rebecca Griggs Kundinger
WEICHERT REALTORS - ABG Properties
List Price
$163,000
Sold Price
$163,000
Current Estimated Value
$356,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,794
Avg. Annual Appreciation
7.63%
Original Mortgage
$160,047
Outstanding Balance
$122,896
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$233,898
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
Morris Stephanie A $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Stephanie A $32,637
Open Morris Stephanie A $160,047
Previous Owner Morris Stephanie A $15,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2015 03/06/15 Sold $163,000 0.0% $82 / Sq Ft
02/14/2013 02/14/13 Pending -- -- --
07/30/2012 07/30/12 For Sale $163,000 -- $82 / 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 $2,749 $268,700 $0 $0
2023 $2,115 $217,400 $0 $0
2022 $2,260 $217,400 $0 $0
2021 $2,777 $217,400 $0 $0
2020 $2,082 $163,000 $0 $0
2019 $2,082 $163,000 $0 $0
2018 $2,082 $163,000 $0 $0
2017 $1,984 $163,000 $0 $0
2015 $1,679 $150,000 $0 $0
2014 $1,679 $150,000 $0 $0
2012 $1,679 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Rebecca Griggs Kundinger

    WEICHERT REALTORS - ABG Properties

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1214362

ImagineMLS (Bluegrass REALTORS®)

APN: 55342032

Kentucky Fayette County Lexington 40503 Open Gates

501 Ashley Way, Lexington, KY

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