NOT LISTED FOR SALE

517 Cromwell Way Lexington, KY 40503

Wellington Neighborhood

Estimated Value: $379,000 - $416,000

4 Beds
3 Baths
2,318 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $340,000 $147 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,491/month

1 Day on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Attic
  • Wellington Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of March 2023

Four bedrooms and three bath home in the desirable Robinwood subdivision. The interior features a large family open to dining room and kitchen with access to back deck overlooking the trees and green space. Three spacious bedrooms on the main floor and 2 full baths. The lower level features an oversized 2 car garage with ample storage space, great room, 4th bedroom/office, full bath and laundry. Convenient to Keeneland, the Bluegrass Airport & The Summit at Fritz Farm.

Last Agent to Sell the Property

Susan Kennedy

Bluegrass Sotheby's International Realty License #202808 Listed on: 02/28/2023

Bluegrass Sotheby's International Realty

Last Buyer's Agent

Chad Bowman

The Brokerage License #276379

The Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,701

Year Built

  • Built in 1973

Lot Details

  • 10,498 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Split Foyer
  • Split Level Home
  • Brick Veneer
  • Block Foundation
  • Dimensional Roof

Interior Spaces

  • Multi-Level Property
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room
  • Dining Room
  • Recreation Room with Fireplace
  • Utility Room
  • Washer Hookup
  • Views of Woods
  • Partially Finished Attic

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom

Outdoor Features

  • Deck
  • Patio

Schools

  • Wellington Elementary School
  • Jessie Clark Middle School
  • Not Applicable Middle School
  • Lafayette High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Robinwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22515500

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,701

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Split Foyer
  • Structure Type: House
  • Year Built: 1973
  • Levels: Multi/Split
  • New Construction: No
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Elementary School: Wellington
  • Location Tax Legal Info:Middle or Junior School: Jessie Clark
  • Location Tax Legal Info:High School: Lafayette
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2023-02-28
  • General Property Description:Lot Size Acres: 0.241
  • General Property Description:Above Grade Finished Area: 1446.0
  • General Property Description:Waterfront: No
  • Structure Type:House: Yes
  • Roof:Dimensional Style: Yes
  • Basement: Yes
  • Flooring:Tile2: Yes
  • Attic:Attic YN: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Foundation Details:Block3: Yes
  • Flooring:Laminate: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Heat Pump3: Yes
  • View:Trees: Yes
  • Fencing:Partial2: Yes
  • General Property Description:Below Grade Finished Area: 872.0
  • Architectural Style:Split Foyer: Yes
  • Stories:MultiSplit: Yes
  • Attic:Partially Finished2: Yes
  • General Property Description:Finished Area Total: 2318.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Primary First Floor, Dining Area, Bedroom First Floor, Entrance Foyer, Ceiling Fan(s)
  • Flooring: Laminate, Tile
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Bath/Stubbed
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 872.0
  • Lot Size Area: 0.24
  • Window Features: Blinds
  • Basement:BathStubbed: Yes
  • Full Basement: Yes
  • Fireplace Features:Fireplace YN: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary First Floor: Yes
  • Interior Features:Dining Area2: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Bedroom First Floor: Yes
  • Fireplace Features:Recreation Room2: Yes
  • General Property Description:_pound_ of Primary Bedrooms: 1
  • Rooms:_pound_ of Bedrooms2: 3

Exterior Features

  • Construction Materials: Brick Veneer
  • Fencing: Partial
  • List Price: 319900.0
  • View: Trees
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Exterior Features:Patio3: Yes
  • Exterior Features:Deck: Yes

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Washer Hookup
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Wellington
  • High School: Lafayette
  • Middle or Junior School: Jessie Clark

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10498.0
  • Parcel Number: 22515500
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Mar 28, 2023
Sold by
Kennedy Michael J and Kennedy Heather
Bought by
Otte David and Ritchie Henrietta
Seller's Agent
Susan Kennedy
Bluegrass Sotheby's International Realty
Buyer's Agent
Chad Bowman
The Brokerage
List Price
$319,900
Sold Price
$340,000
Premium/Discount to List
$20,100
6.28%
Views
87
Current Estimated Value
$395,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,378
Avg. Annual Appreciation
6.13%
Original Mortgage
$272,000
Outstanding Balance
$265,716
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$125,766

Purchase Details

Closed on
Aug 24, 2009
Sold by
Green Mary Ann Est
Bought by
Gross Heather R and Kennedy Michael J
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
Otte David $340,000 None Listed On Document
Gross Heather R $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otte David $272,000
Previous Owner Kennedy Michael J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $340,000 +6.3% $147 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $319,900 -- $138 / 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 $3,701 $340,000 $0 $0
2023 $2,266 $208,200 $0 $0
2022 $2,342 $208,200 $0 $0
2021 $2,342 $208,200 $0 $0
2020 $2,342 $208,200 $0 $0
2019 $2,342 $208,200 $0 $0
2018 $2,104 $187,000 $0 $0
2017 $1,992 $187,000 $0 $0
2015 $1,634 $169,000 $0 $0
2014 $1,634 $169,000 $0 $0
2012 $1,634 $169,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Kennedy

    Seller's Agent in 2023

    Susan Kennedy

    Bluegrass Sotheby's International Realty

    (859) 396-6996

    2 in this area

    88 Total Sales

    Section Image
  • Chad Bowman

    Buyer's Agent in 2023

    Chad Bowman

    The Brokerage

    (859) 396-5256

    3 in this area

    123 Total Sales

    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23003540

ImagineMLS (Bluegrass REALTORS®)

APN: 22515500

Kentucky Fayette County Lexington 40503 Wellington

517 Cromwell Way, Lexington, KY

This home is located at 517 Cromwell Way, Lexington, KY 40503 since 28 February 2023 and is currently estimated at $395,378, approximately $170 per square foot. This property was built in 1973. 517 Cromwell Way is a home located in Fayette County with nearby schools including Wellington Elementary School, Jessie M. Clark Middle School, and Lafayette 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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