NOT LISTED FOR SALE

5085 Magnolia Gardens Place Lexington, KY 40515

Waterford-South Point Neighborhood

Estimated Value: $445,860 - $475,000

3 Beds
2.5 Baths
2,050 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $335,000 $163 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,843/month

6 Days on Market

Highlights

  • Home Office
  • Brick Veneer
  • Entrance Foyer
  • Veterans Park Elementary School Rated A
  • Walk-In Closet
  • Tile Flooring

About This Home

As of April 2021

Check out this beautiful ranch home situated in the neighborhood of Charleston Gardens featuring a private park with walking trails, playground & covered picnic area great for hosting birthday parties & get togethers with friends. Upon entering the home your eyes are drawn up to the 10' ceilings that pull you in to the open family room with fireplace and a wall of windows overlooking the back yard. The formal dining area features 13' ceiling with tall windows that allow lots of natural light into the home. Kitchen features a full compliment of appliances & breakfast area surrounded with windows. The primary bedroom features a walk-in closet, spacious bath with double vanity, separate shower & soaker tub. The additional 2 bedrooms are joined with a shared bath to provide privacy. The covered patio overlooking the back yard is a great place to enjoy your morning coffee and quiet dinners. Don't miss out, call today.

Last Agent to Sell the Property

Sarah Hancock

RE/MAX Creative Realty License #200098 Listed on: 04/03/2021

Last Buyer's Agent

Sarah Hancock

RE/MAX Creative Realty License #200098 Listed on: 04/03/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,569

Year Built

  • Built in 2005

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence
  • Wire Fence

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Slab Foundation
  • Dimensional Roof
  • Vinyl Siding

Interior Spaces

  • 2,050 Sq Ft Home
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Blinds
  • Window Screens
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room
  • Home Office
  • Utility Room
  • Washer and Gas Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Schools

  • Veterans Elementary School
  • Tates Creek Middle School
  • Tates Creek High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities

Community Details

  • Association fees include insurance
  • Charleston Garden Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38041130

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,569

Year Built

Built in 2005

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 2050.0
  • Levels: One
  • New Construction: No
  • Roof:Dimensional Style: Yes
  • Flooring:Carpet: 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
  • Fencing:Wood2: 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), Entrance Foyer, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: No
  • Total Bedrooms: 3
  • Fireplace Features: Factory Built, Family Room, Gas Log
  • Fireplace: Yes
  • LivingArea: 2050.0
  • Lot Size Area: 0.2
  • Window Features: Blinds, Screens
  • Fireplace Features:Factory Built: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Fencing: Wood
  • Foundation Details: Slab
  • List Price: 310000.0
  • Lot Features: Many Trees
  • Patio And Porch Features: Patio
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Screens: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Natural Gas Connected, Underground Utilities
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Insurance

Schools

  • Elementary School: Veterans
  • High School: Tates Creek
  • Middle or Junior School: Tates Creek

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.01
  • Parcel Number: 38041130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2021
Closed on
Apr 29, 2021
Sold by
Gayheart Omar and Gayheart Billie L
Bought by
Blackburn Terry R and Blackburn Beverly Crowder
Seller's Agent
Sarah Hancock
RE/MAX Creative Realty
Buyer's Agent
Sarah Hancock
RE/MAX Creative Realty
List Price
$310,000
Sold Price
$335,000
Premium/Discount to List
$25,000
8.06%
Current Estimated Value
$465,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,465
Avg. Annual Appreciation
7.85%
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
Blackburn Terry R $335,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $335,000 +8.1% $163 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $310,000 -- $151 / 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 $3,569 $335,000 $0 $0
2023 $3,569 $335,000 $0 $0
2022 $3,762 $335,000 $0 $0
2021 $2,593 $243,500 $0 $0
2020 $2,608 $243,500 $0 $0
2019 $2,608 $243,500 $0 $0
2018 $2,630 $243,500 $0 $0
2017 $2,365 $231,900 $0 $0
2015 $2,215 $231,900 $0 $0
2014 $2,215 $195,900 $0 $0
2012 $2,215 $231,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sarah Hancock

    RE/MAX

    (859) 396-2348

    12 in this area

    91 Total Sales

    Sarah Hancock
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20105905

ImagineMLS (Bluegrass REALTORS®)

APN: 38041130

Kentucky Fayette County Lexington 40515 Waterford-South Point

5085 Magnolia Gardens Place, Lexington, KY

This home is located at 5085 Magnolia Gardens Place, Lexington, KY 40515 since 03 April 2021 and is currently estimated at $465,465, approximately $227 per square foot. This property was built in 2005. 5085 Magnolia Gardens Place is a home located in Fayette County with nearby schools including Veterans Park Elementary School, Southern Middle School, and Tates Creek 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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