504 Lemon Drop Ln Lexington, KY 40511
Masterson Station Neighborhood
4
Beds
2.5
Baths
2,368
Sq Ft
7,370
Sq Ft Lot
Highlights
- Wood Flooring
- Main Floor Primary Bedroom
- No HOA
- Sandersville Elementary School Rated A
- Attic
- Neighborhood Views
About This Home
As of May 2025This is a beautiful 4-bedroom, 2.5 bathrooms and an open floor plan. Hardwood floors through main living areas, living room features a brick fireplace and vaulted ceilings. Kitchen has gas stove, great counter space with an eat-in area, and granite countertops. Formal dining room is a great space for entertaining or office area. The first-floor primary suite has a jetted tub & shower, double vanity and walk-in closet. Upstairs has carpet throughout and all bedrooms have large closets! Bedroom over garage has unfinished walk-in storage area. Two car garage connects to the first-floor laundry. Fully fenced in backyard is private. Located in Masterson Station, close to parks, schools, food and shopping options!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,648
Year Built
- Built in 2001
Lot Details
- 7,370 Sq Ft Lot
- Wood Fence
- Wire Fence
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Driveway
Home Design
- Brick Veneer
- Slab Foundation
- Dimensional Roof
- Vinyl Siding
Interior Spaces
- 2,368 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Factory Built Fireplace
- Ventless Fireplace
- Insulated Windows
- Blinds
- Insulated Doors
- Family Room with Fireplace
- Dining Room
- Utility Room
- Washer and Electric Dryer Hookup
- Neighborhood Views
- Attic
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Range
- Microwave
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Outdoor Features
- Patio
Schools
- Sandersville Elementary School
- Leestown Middle School
- Not Applicable Middle School
- Bryan Station High School
Utilities
- Cooling Available
- Forced Air Heating System
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 38033830
Community Details
Overview
- No Home Owners Association
- Masterson Station Subdivision
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2025
Closed on
May 30, 2025
Sold by
Simmons Sarah Renee and Simmons Steven Michael
Bought by
Upreti Manorath and Upreti Krishna
Seller's Agent
Wayne Sewell
The Agency
Buyer's Agent
Launa Cheir Shaffer
Lifstyl Real Estate
List Price
$389,900
Sold Price
$389,900
Views
15
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.58%
Original Mortgage
$366,198
Outstanding Balance
$366,198
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$20,358
Purchase Details
Closed on
Sep 1, 2021
Sold by
Leblanc Timothy J and Leblanc Tracy L
Bought by
Simmons Sarah Renee and Simmons Steven Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Lexington, KY
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $389,900 | Land Group Title | |
| Deed | $389,900 | Land Group Title | |
| Deed | $295,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $366,198 | FHA | |
| Closed | $366,198 | FHA | |
| Previous Owner | $295,000 | Purchase Money Mortgage | |
| Previous Owner | $150,419 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $389,900 | 0.0% | $165 / Sq Ft |
| 04/04/2025 04/04/25 | Pending | -- | -- | -- |
| 04/03/2025 04/03/25 | For Sale | $389,900 | -- | $165 / 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 | $3,648 | $295,000 | $0 | $0 |
| 2023 | $3,648 | $295,000 | $0 | $0 |
| 2022 | $3,768 | $295,000 | $0 | $0 |
| 2021 | $2,942 | $230,300 | $0 | $0 |
| 2020 | $2,637 | $206,400 | $0 | $0 |
| 2019 | $2,637 | $206,400 | $0 | $0 |
| 2018 | $2,637 | $206,400 | $0 | $0 |
| 2017 | $2,513 | $206,400 | $0 | $0 |
| 2015 | $2,013 | $179,900 | $0 | $0 |
| 2014 | $2,013 | $179,900 | $0 | $0 |
| 2012 | $2,013 | $179,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Wayne Sewell
Seller's Agent in 2025
Wayne Sewell
The Agency
(859) 229-1718
7 in this area
120 Total Sales
-
Launa Cheir Shaffer
Buyer's Agent in 2025
Launa Cheir Shaffer
Lifstyl Real Estate
(859) 489-2729
5 in this area
92 Total Sales
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25006467
APN: 38033830
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