NOT LISTED FOR SALE

507 Rosemont Garden Lexington, KY 40503

Picadome Neighborhood

Estimated Value: $381,000 - $408,000

4 Beds
2 Baths
1,991 Sq Ft
$199/Sq Ft Est. Value

Last Sold December 11, 2019

Last sale price $232,000 $117 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,332/month

102 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Morton Middle School Rated A
  • Wood Flooring
  • Bonus Room

About This Home

As of December 2019

REDUCED $20,000.00 Stellar location in the heart of Southland close to downtown and University of Kentucky. Rare opportunity with master bedroom on first floor including en suite bath. Cozy family room addition including skylights. Lots of hardwood flooring. Upstairs features bonus room and nice size bedroom. Main home HVAC is 2 years old and addition HVAC is 9 years old. Garage has attached carport. Raised gardens and perennials. Sellers have just built a nice covered porch, screened in and overlooking private backyard. The sellers love their home and know the next buyers will have great memories there!

Last Agent to Sell the Property

Melinda Duncan

RE/MAX Creative Realty License #183795 Listed on: 07/05/2019

RE/MAX Creative Realty

Last Buyer's Agent

Lea Ranier-Warner

Warner Realty License #200900

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,959

Year Built

  • Built in 1947

Lot Details

  • 9,148 Sq Ft Lot
  • Chain Link Fence
  • Wooded Lot
  • Many Trees

Parking

  • 1 Car Detached Garage
  • 1 Carport Space

Home Design

  • Brick Veneer
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,991 Sq Ft Home
  • 1.5-Story Property
  • Skylights
  • Fireplace Features Masonry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Washer and Gas Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Attic

  • Attic Floors
  • Storage In Attic
  • Pull Down Stairs to Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24405300

Community Details

Overview

  • Chatham Village Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,959

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1947
  • Above Grade Finished Sq Ft: 1991.0
  • Levels: One and One Half
  • 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
  • Laundry Features:Electric Dryer Hookup: Yes
  • Foundation Details:Block3: Yes
  • Fencing:Chain Link: Yes
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Cooling:Window Unit(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Amenities: Primary Downstairs
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Concrete, Full, Sump Pump, Unfinished
  • Basement: Yes
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Masonry
  • Fireplace: Yes
  • LivingArea: 1991.0
  • Lot Size Area: 0.21
  • Window Features: Skylight(s)
  • Basement:Concrete: Yes
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Sump Pump: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Brick Veneer
  • Fencing: Chain Link
  • Foundation Details: Block
  • List Price: 250000.0
  • Lot Features: Many Trees, Wooded
  • Patio And Porch Features: Deck, Patio
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Lot Features:Wooded: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Carport: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Forced Air, Heat Pump, Natural Gas
  • Cooling: Electric, Heat Pump, Window Unit(s)
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Park

Schools

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

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147.61
  • Parcel Number: 24405300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Dec 18, 2019
Sold by
Brester John A and Brester Pamela
Bought by
Warner Christopher W
Seller's Agent
Melinda Duncan
RE/MAX Creative Realty
Buyer's Agent
Lea Ranier-Warner
Warner Realty
List Price
$232,000
Sold Price
$232,000
Current Estimated Value
$396,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,241
Avg. Annual Appreciation
9.45%
Original Mortgage
$225,040
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 21, 2014
Closed on
Oct 2, 2014
Sold by
Jackson Chris and Jackson Mary
Bought by
Brester John A and Brester Pamela
Seller's Agent
Christal Browning
Four Seasons Realty
Buyer's Agent
Lana Pennington
Central Ky Real Estate
List Price
$171,000
Sold Price
$171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$165,870
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Warner Christopher W $232,000 --
Brester John A $171,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brester John A $19,110
Open Brester John A $220,900
Closed Brester John A $225,040
Previous Owner Brester John A $165,870
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2019 12/11/19 Sold $232,000 0.0% $117 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
07/05/2019 07/05/19 For Sale $232,000 +35.7% $117 / Sq Ft
10/01/2014 10/01/14 Sold $171,000 0.0% $95 / Sq Ft View Prior Sale
09/01/2014 09/01/14 Pending -- -- --
08/20/2014 08/20/14 For Sale $171,000 -- $95 / 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
2025 $2,959 $271,800 $0 $0
2024 $2,959 $271,800 $0 $0
2023 $2,526 $232,000 $0 $0
2022 $2,610 $232,000 $0 $0
2021 $2,610 $232,000 $0 $0
2020 $2,610 $232,000 $0 $0
2019 $2,664 $236,800 $0 $0
2018 $2,474 $219,900 $0 $0
2017 $2,342 $219,900 $0 $0
2015 $1,885 $171,000 $0 $0
2014 $1,885 $195,000 $0 $0
2012 $1,885 $195,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melinda Duncan

    Seller's Agent in 2019

    Melinda Duncan

    RE/MAX

    (859) 396-9034

    198 Total Sales

    Melinda Duncan
    Section Image

  • L

    Buyer's Agent in 2019

    Lea Ranier-Warner

    Warner Realty

  • Christal Browning

    Seller's Agent in 2014

    Christal Browning

    Four Seasons Realty

    (859) 227-2183

    1 in this area

    265 Total Sales

    Christal Browning
    Section Image
  • Roger Browning

    Seller Co-Listing Agent in 2014

    Roger Browning

    Four Seasons Realty

    (859) 396-7295

    1 in this area

    235 Total Sales

    Roger Browning
    Section Image
  • Lana Pennington

    Buyer's Agent in 2014

    Lana Pennington

    Central Ky Real Estate

    (859) 983-5262

    87 Total Sales

    Lana Pennington
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1915141

ImagineMLS (Bluegrass REALTORS®)

APN: 24405300

Kentucky Fayette County Lexington 40503 Picadome

507 Rosemont Garden, Lexington, KY

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