NOT LISTED FOR SALE

516 Meadowcrest Park Lexington, KY 40515

Waterford-South Point Neighborhood

Estimated Value: $482,000 - $516,000

5 Beds
3.5 Baths
3,680 Sq Ft
$135/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $305,000 $83 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,953/month

218 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Walk-In Closet
  • Wood Flooring
  • Brick Veneer
  • Breakfast Bar

About This Home

As of March 2020

This stunning ever popular Anderson plan features an impressive 2 story foyer, family room with fireplace & built in shelving. The kitchen has plenty of storage, breakfast bar, eat in area & granite countertops. First Floor has hardwood and ceramic tile flooring. The master suite has a large private bath, whirlpool tub, separate shower,double vanity and a Huge closet that we all long for. The walk out basement features a huge family room, bedroom & full bath. This is all the home you will ever need. 5 minutes to Fayette mall, Summit & Brannon crossing, 15 minutes to downtown. Seller to furnish purchaser with a One Year Home Warranty.

Last Agent to Sell the Property

Janice Mueller

RE/MAX Creative Realty License #181155 Listed on: 07/11/2019

RE/MAX Creative Realty

Co-Listed By

Larry Freels

RE/MAX Creative Realty License #191251

Last Buyer's Agent

Joseph Svec

The House Store

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,772

Year Built

  • Built in 2003

Lot Details

  • 7,405 Sq Ft Lot
  • Wood Fence
  • Wire Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Dimensional Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Washer and Gas Dryer Hookup
  • Attic Access Panel
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Schools

  • Lansdowne Elementary School
  • Southern Middle School
  • Tates Creek High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 38092680

Community Details

Overview

  • Southpoint Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,772

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 2483.0
  • Levels: Two
  • 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
  • Appliances Refrigerators: Yes
  • Fencing:Wood2: Yes
  • Percent Basement Finished: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Concrete, Finished, Full, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1197.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Factory Built, Family Room, Gas Starter
  • Fireplace: Yes
  • LivingArea: 3680.0
  • Lot Size Area: 0.17
  • Window Features: Blinds, Insulated Windows, Screens
  • Basement:Concrete: Yes
  • Full Basement: Yes
  • Fireplace Features:Factory Built: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Fencing: Wood
  • List Price: 314000.0
  • Patio And Porch Features: Deck, Patio
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Exterior Features:Storm Door(s): 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
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Park

Schools

  • Elementary School: Lansdowne
  • High School: Tates Creek
  • Middle or Junior School: Southern

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.21
  • Parcel Number: 38092680

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Apr 7, 2020
Sold by
Welch Brant E and Welch Anne E
Bought by
Ball Aaron G and Ball Amanda M
Seller's Agent
Janice Mueller
RE/MAX Creative Realty
Buyer's Agent
Joseph Svec
The House Store
List Price
$314,000
Sold Price
$305,000
Premium/Discount to List
-$9,000
-2.87%
Current Estimated Value
$497,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,871
Avg. Annual Appreciation
9.18%
Original Mortgage
$259,250
Outstanding Balance
$229,664
Interest Rate
3.4%
Mortgage Type
Unknown
Estimated Equity
$268,207

Purchase Details

Closed on
May 19, 2008
Sold by
Garcia Cesar and Hernandez Nancy
Bought by
Welch Brant E and Welch Anne E
Source: Public Records

Range of Values:

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Average Value
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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
Ball Aaron G $305,000 --
Welch Brant E $265,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ball Aaron G $50,000
Open Ball Aaron G $259,250
Previous Owner Ball Aaron G $35,000
Previous Owner Ball Aaron G $130,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2020 03/19/20 Sold $305,000 -2.9% $83 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
07/11/2019 07/11/19 For Sale $314,000 -- $85 / 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 $3,772 $305,000 $0 $0
2023 $3,772 $305,000 $0 $0
2022 $3,896 $305,000 $0 $0
2021 $3,896 $305,000 $0 $0
2020 $3,385 $265,000 $0 $0
2019 $3,385 $265,000 $0 $0
2018 $3,385 $265,000 $0 $0
2017 $3,226 $265,000 $0 $0
2015 $2,966 $265,000 $0 $0
2014 $2,966 $265,000 $0 $0
2012 $2,966 $265,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janice Mueller

    Seller's Agent in 2020

    Janice Mueller

    RE/MAX

    (859) 312-0446

    1 in this area

    26 Total Sales

    Janice Mueller
    Section Image

  • L

    Seller Co-Listing Agent in 2020

    Larry Freels

    RE/MAX

    Section Image

  • J

    Buyer's Agent in 2020

    Joseph Svec

    The House Store

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1915859

ImagineMLS (Bluegrass REALTORS®)

APN: 38092680

Kentucky Fayette County Lexington 40515 Waterford-South Point

516 Meadowcrest Park, Lexington, KY

This home is located at 516 Meadowcrest Park, Lexington, KY 40515 since 11 July 2019 and is currently estimated at $497,871, approximately $135 per square foot. This property was built in 2003. 516 Meadowcrest Park is a home located in Fayette County with nearby schools including Lansdowne 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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