509 Severn Way Lexington, KY 40503
Open Gates NeighborhoodEstimated payment $1,955/month
Highlights
- Very Popular Property
- Ranch Style House
- Neighborhood Views
- Clays Mill Elementary School Rated A
- No HOA
- Covered Patio or Porch
About This Home
This adorable, well-maintained all-brick ranch is full of charm and functionality—and it's in an amazing location inside New Circle Road, close to schools, shopping, dining, and all the conveniences Lexington has to offer. Inside, you'll love having two separate living areas, including a cozy family room with built-in bookshelves and a fireplace. The spacious kitchen features solid-surface countertops, a peninsula, dining area, and a convenient pass-through window to the family room that keeps the space open and connected. The primary suite offers comfort with two closets and a private full bath complete with shower and linen storage. A separate laundry room—currently set up with a stackable washer/dryer (which stays if desired)—has plenty of space for a side-by-side arrangement. The oversized 2-car garage provides additional room at the back for a workbench or extra storage. Relax year-round in the amazing four-seasons room, flooded with natural light from skylights and opening to the back patio with a pergola. Outside, enjoy the tranquil garden pond with fountain and a beautifully landscaped, fully fenced backyard—perfect for entertaining or simply unwinding.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,425
Year Built
- Built in 1973
Lot Details
- 9,000 Sq Ft Lot
- Privacy Fence
- Wood Fence
- Wire Fence
- Landscaped
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Ranch Style House
- Brick Veneer
- Block Foundation
- Dimensional Roof
- Shingle Roof
Interior Spaces
- 1,661 Sq Ft Home
- Ceiling Fan
- Gas Log Fireplace
- Insulated Windows
- Insulated Doors
- Family Room with Fireplace
- Living Room
- Dining Room
- First Floor Utility Room
- Utility Room
- Neighborhood Views
- Crawl Space
- Pull Down Stairs to Attic
- Storm Doors
Kitchen
- Eat-In Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
- Primary bathroom on main floor
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
- Shed
Schools
- Clays Mill Elementary School
- Jessie Clark Middle School
- Lafayette High School
Utilities
- Forced Air Heating and Cooling System
- Air Source Heat Pump
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
Community Details
- No Home Owners Association
- Open Gates Subdivision
Listing and Financial Details
- Assessor Parcel Number 12116700
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,425 | $242,500 | $0 | $0 |
| 2023 | $1,815 | $193,200 | $0 | $0 |
| 2022 | $1,951 | $193,200 | $0 | $0 |
| 2021 | $1,951 | $193,200 | $0 | $0 |
| 2020 | $1,535 | $159,500 | $0 | $0 |
| 2019 | $1,535 | $159,500 | $0 | $0 |
| 2018 | $1,557 | $159,500 | $0 | $0 |
| 2017 | $1,484 | $159,500 | $0 | $0 |
| 2015 | $1,108 | $133,000 | $0 | $0 |
| 2014 | $1,108 | $97,000 | $0 | $0 |
| 2012 | $1,108 | $133,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | Pending | -- | -- | -- |
| 10/30/2025 10/30/25 | For Sale | $335,000 | -- | $202 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25504972
APN: 12116700
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