NOT LISTED FOR SALE

505 Springhill Dr Lexington, KY 40503

Picadome Neighborhood

Estimated Value: $393,000 - $443,751

3 Beds
2 Baths
2,202 Sq Ft
$192/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2022

Last sale price $312,550 $142 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,605 / mo

13 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Brick Veneer
  • Morton Middle School Rated A
  • Eat-In Kitchen
  • Patio

About This Home

As of February 2022

Look at this sprawling ranch with lots of space just around the corner from Lafayette High School. This 3 bedroom, 2 full bath home has a bonus room that could be used as a 4th bedroom. Formal dining room with eat in kitchen and 4 seasoned sunroom across the back of the house. Most carpeted area has original hardwood underneath. Roof still under warranty, updated electrical box, tankless water heater and large fenced in backyard.

Last Agent to Sell the Property

Diana Fields

Keller Williams Legacy Group License #198014 Listed on: 01/31/2022

Keller Williams Legacy Group

Co-Listed By

Nikki Trahan

Keller Williams Legacy Group License #246918

Last Buyer's Agent

Tamara Bayer

Kirkpatrick & Company License #208638

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 14,031 Sq Ft Lot
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Brick Veneer
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • Entrance Foyer
  • Crawl Space
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Outdoor Features

  • Patio

Schools

  • Picadome Elementary School
  • Morton Middle School
  • Lafayette High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Tankless Water Heater

Community Details

  • Chatham Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23919700

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0.32 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1950
  • Levels: One
  • New Construction: No
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Chain Link: Yes
  • Roof:Shingle: Yes
  • Lot: Lot Size Acres: 0.3221
  • Lot: Lot Size Square Feet: 14031.0
  • Tax Legal: Elementary School: Picadome
  • Tax Legal: Middle Or Junior School: Morton
  • Tax Legal: High School: Lafayette
  • Patio And Porch Features: Patio: Yes
  • Other Sold Info: New Construction YN: No
  • Cooling: Electric: Yes
  • Levels: One: Yes
  • Foundation Details: Stone: Yes
  • Water Heater: Tankless: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range
  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, Entrance Foyer, Primary Downstairs
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 3
  • Lot Size Area: 0.32
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Breakfast Bar: Yes
  • Basement:Crawl Space: Yes
  • Interior: Basement YN: No
  • Interior Features: Primary Downstairs: Yes
  • Flooring: Vinyl: Yes
  • Interior Features: Eat-in Kitchen: Yes
  • Attic Features: Pull-Down Stairs: Yes
  • Attic Features: Partially Floored: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Brick Veneer
  • Fencing: Chain Link
  • Foundation Details: Stone
  • List Price: 299000.0
  • Patio And Porch Features: Patio
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Lot: Waterfront YN: No

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Front
  • Parking Features:Driveway: Yes
  • Parking Information: Garage YN: Yes
  • Parking Information: Garage Spaces: 2.0
  • Parking Information: Carport YN: No
  • Parking Features: Garage Faces Front: Yes
  • Parking Features: Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Washer Hookup
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Utilities: Cooling YN: Yes
  • Utilities: Heating YN: Yes

Schools

  • Elementary School: Picadome
  • High School: Lafayette
  • Middle or Junior School: Morton

Lot Info

  • Lot Size Acres: 0.32
  • Lot Size Sq Ft: 14031.0
  • Parcel Number: 23919700

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Feb 28, 2022
Sold by
Bought by
Seller's Agent
Diana Fields
Keller Williams Legacy Group
Buyer's Agent
Tamara Bayer
Kirkpatrick & Company
Sold Price
$312,550
Current Estimated Value
$422,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,638
Avg. Annual Appreciation
7.02%
Original Mortgage
$250,000
Outstanding Balance
$228,577
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$193,611
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Picadome, KY

  • Vanessa Vale Team Real Estate Agent - LPT Realty

    Vanessa Vale Team

    Responds Quickly

    LPT Realty

    (877) 837-4232

    137 Total Sales

    1 in Picadome

    $254,000 Price

    Vanessa Vale Team
     Section Image
  • Ivy Barksdale Real Estate Agent - Guide Realty, Inc.

    Ivy Barksdale

    Guide Realty, Inc.

    (859) 724-5319

    92 Total Sales

    1 in Picadome

    $279,000 Price

    Ivy Barksdale
     Section Image
  • Kristine Cassata Real Estate Agent - Indigo & Co

    Kristine Cassata

    Indigo & Co

    (859) 470-2736

    345 Total Sales

    1 in Picadome

    $475,000 Price

    Kristine Cassata
     Section Image
  • Melia Hord Real Estate Agent - MELIA Realty LLC

    Melia Hord

    MELIA Realty LLC

    (859) 800-4028

    255 Total Sales

    1 in Picadome

    $248,000 Price

    Melia Hord
     Section Image
  • Doreen Taylor Real Estate Agent - Berkshire Hathaway de Movellan Properties

    Doreen Taylor

    Berkshire Hathaway de Movellan Properties

    (513) 952-8297

    73 Total Sales

    2 in Picadome

    $85K - $210K Price Range

    Doreen Taylor
     Section Image
  • Robin Jones Real Estate Agent - Keller Williams Legacy Group

    Robin Jones

    Keller Williams Legacy Group

    (859) 376-5622

    811 Total Sales

    2 in Picadome

    $275K - $316K Price Range

    Robin Jones
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$312,550 None Listed On Document
$312,550 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Previous Owner $25,000
Previous Owner $23,020
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $312,550 +4.5% $142 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/31/2022 01/31/22 For Sale -- -- --
01/19/2022 01/19/22 For Sale -- -- --
01/19/2022 01/19/22 For Sale $299,000 -- $136 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,403 $312,600 $0 $0
2024 $3,403 $312,600 $0 $0
2023 $3,403 $312,600 $0 $0
2022 $3,517 $312,600 $0 $0
2021 $2,870 $255,100 $0 $0
2020 $2,870 $255,100 $0 $0
2019 $2,870 $255,100 $0 $0
2018 $2,488 $221,100 $0 $0
2017 $2,355 $221,100 $0 $0
2015 $1,784 $160,800 $0 $0
2014 $1,784 $160,800 $0 $0
2012 $1,784 $160,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Diana Fields

    Keller Williams Legacy Group

    (859) 621-0604

    1 in this area

    44 Total Sales

    Diana Fields
    Section Image
  • Nikki Trahan Real Estate Agent - Keller Williams Legacy Group

    Seller Co-Listing Agent in 2022

    Nikki Trahan

    Keller Williams Legacy Group

    (859) 684-6973

    1 in this area

    88 Total Sales

    Nikki Trahan
    Section Image
  • Tamara Bayer Real Estate Agent - Kirkpatrick & Company

    Buyer's Agent in 2022

    Tamara Bayer

    Kirkpatrick & Company

    (859) 948-2395

    1 in this area

    59 Total Sales

    Tamara Bayer
    Section Image
See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22000958

ImagineMLS (Bluegrass REALTORS®)

APN: 23919700

Kentucky Fayette County Lexington 40503 Picadome

505 Springhill Dr, Lexington, KY

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 2026 LBAR Multiple Listing Service. All Rights Reserved.

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