NOT LISTED FOR SALE

518 Folkstone Dr Lexington, KY 40517

Patchen Woods-Chippen Dale Neighborhood

Estimated Value: $220,991 - $430,000

3 Beds
2 Baths
1,025 Sq Ft
$289/Sq Ft Est. Value

Last Sold August 07, 2019

Last sale price $160,000 $156 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,775/month

1 Day on Market

Highlights

  • Eat-In Kitchen
  • Brick or Stone Mason
  • Living Room
  • Cassidy Elementary School Rated A
  • Cooling Available
  • Tile Flooring

About This Home

As of August 2019

Welcome to 518 Folkstone Dr, no puffing needed for this Bedford Stone Ranch Style Home. FULLY renovated, it features open floor plan, 3 bedrooms, 2 full bathrooms, Master Suite with walk-in shower, granite countertops, Prairie Style Windows and a composite front porch.

Last Agent to Sell the Property

Greg Vergara

Keller Williams Commonwealth License #245327 Listed on: 07/09/2019

Keller Williams Commonwealth

Last Buyer's Agent

Brenda Rue

Keller Williams Bluegrass Realty License #220086

Keller Williams Bluegrass Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,979

Year Built

  • Built in 1971

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Brick or Stone Mason
  • Block Foundation
  • Metal Roof

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Dining Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Sump Pump
  • Crawl Space

Schools

  • Cassidy Elementary School
  • Morton Middle School
  • Henry Clay High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Built by RCL Design and Construction Services
  • Lakeview Mt Tabor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14858179

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,979

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1971
  • Levels: One
  • New Construction: No
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Foundation Details:Block3: Yes
  • Flooring:Laminate: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space, Sump Pump
  • Basement: No
  • Total Bedrooms: 3
  • Fireplace: No
  • Lot Size Area: 0.19
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:Sump Pump: Yes

Exterior Features

  • Roof: Metal
  • Builder Name: RCL Design and Construction Services
  • Construction Materials: Stone
  • Foundation Details: Block
  • Home Warranty: No
  • List Price: 162000.0
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Heat Pump
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Cassidy
  • High School: Henry Clay
  • Middle or Junior School: Morton

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.41
  • Parcel Number: 14858179

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2019
Closed on
Aug 27, 2019
Sold by
Primo Prop Llc
Bought by
Clark Angel
Seller's Agent
Greg Vergara
Keller Williams Commonwealth
Buyer's Agent
Brenda Rue
Keller Williams Bluegrass Realty
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$295,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,998
Avg. Annual Appreciation
10.67%
Original Mortgage
$160,000
Outstanding Balance
$140,736
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,262

Purchase Details

Listed on
Mar 27, 2019
Closed on
Apr 24, 2019
Sold by
Wilmington Sav Fund Soc Fsb-Tr
Bought by
Primo Prop Llc
Seller's Agent
Rick Szaks
Lincoln Real Estate
Buyer's Agent
Greg Vergara
Keller Williams Commonwealth
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
907.94%

Purchase Details

Closed on
Jan 10, 2019
Sold by
Oliver Kenneth Lee
Bought by
Nationstar Hecm Acquisition Tr 2018 2 and Wilmington Sav Fund Soc Fsb-Tr
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Clark Angel $160,000 --
Primo Prop Llc $80,000 --
Nationstar Hecm Acquisition Tr 2018 2 $103,427 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver Kenneth Lee $160,000
Previous Owner Oliver Kenneth Lee $139,500
Previous Owner Oliver Kenneth Lee $57,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2019 08/07/19 Sold $160,000 0.0% $156 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $160,000 +100.0% $156 / Sq Ft
04/19/2019 04/19/19 Sold $80,000 0.0% $78 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $80,000 -- $78 / 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 $1,979 $160,000 $0 $0
2023 $1,979 $160,000 $0 $0
2022 $2,044 $160,000 $0 $0
2021 $2,044 $160,000 $0 $0
2020 $2,044 $160,000 $0 $0
2019 $1,321 $103,400 $0 $0
2018 $823 $102,000 $0 $0
2017 $784 $102,000 $0 $0
2015 $688 $95,500 $0 $0
2014 $688 $59,500 $0 $0
2012 $688 $95,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Szaks

    Seller's Agent in 2019

    Rick Szaks

    Lincoln Real Estate

    (859) 221-2222

    72 Total Sales

    Rick Szaks
    Section Image
  • Greg Vergara

    Seller's Agent in 2019

    Greg Vergara

    Keller Williams Commonwealth

    (859) 536-2063

    1 in this area

    2 Total Sales

    Greg Vergara
    Section Image
  • Brenda Rue

    Buyer's Agent in 2019

    Brenda Rue

    Keller Williams Bluegrass Realty

    (859) 396-8113

    48 Total Sales

    Brenda Rue
    Section Image
See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1915617

ImagineMLS (Bluegrass REALTORS®)

APN: 14858179

Kentucky Fayette County Lexington 40517 Patchen Woods-Chippen Dale

518 Folkstone Dr, Lexington, KY

This home is located at 518 Folkstone Dr, Lexington, KY 40517 since 09 July 2019 and is currently estimated at $295,998, approximately $288 per square foot. This property was built in 1971. 518 Folkstone Dr is a home located in Fayette County with nearby schools including Cassidy Elementary School, Morton Middle School, and Henry Clay 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.

Nearby Homes