NOT LISTED FOR SALE

524 Elm Tree Ln Lexington, KY 40508

William Wells Brown Neighborhood

Estimated Value: $309,000 - $339,183

2 Beds
1 Bath
2,108 Sq Ft
$151/Sq Ft Est. Value

Last Sold May 07, 2013

Last sale price $135,000 $64 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,981/month

127 Days on Market

Highlights

  • 0.26 Acre Lot
  • Tennis Courts
  • Living Room
  • Frederick Douglass High School Rated A-
  • Cooling Available
  • Park

About This Home

As of May 2013

Move in today to the fully renovated first level of this great downtown home featuring hardwood floors, new windows, new HVAC and electric with 2 bedrooms and 1 full bath. The second level needs some TLC but could be renovated and leased out or could be incorporated into the first floor and used as a single family home. The large backyard is partially fenced. Great front porch! Walk to Transylvania and downtown Lexington!

Last Agent to Sell the Property

Becky Reinhold

Bluegrass Sotheby's International Realty License #181330 Listed on: 12/04/2012

Bluegrass Sotheby's International Realty

Last Buyer's Agent

Becky Reinhold

Bluegrass Sotheby's International Realty License #181330 Listed on: 12/04/2012

Bluegrass Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,479

Year Built

  • Built in 1924

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property

Home Design

  • Stone Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,108 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • William Wells Brown Elementary School
  • Lexington Trad Middle School
  • Lafayette High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 15680000

Community Details

Overview

  • Downtown Subdivision

Recreation

  • Tennis Courts
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,479

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1924
  • Above Grade Finished Sq Ft: 2108.0
  • Levels: Two
  • New Construction: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Fencing:Partial2: Yes
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full, Unfinished
  • Basement: Yes
  • Total Bedrooms: 2
  • LivingArea: 2108.0
  • Lot Size Area: 0.26
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Stucco, Other
  • Fencing: Partial
  • Foundation Details: Stone
  • List Price: 149000.0
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Tennis Court(s)

Schools

  • Elementary School: William Wells Brown
  • High School: Lafayette
  • Middle or Junior School: Lexington Trad

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11325.61
  • Parcel Number: 15680000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2012
Closed on
May 8, 2013
Sold by
Lederer Laurella
Bought by
Birchett Michael Dale
Seller's Agent
Becky Reinhold
Bluegrass Sotheby's International Realty
Buyer's Agent
Becky Reinhold
Bluegrass Sotheby's International Realty
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$318,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,796
Avg. Annual Appreciation
7.15%
Original Mortgage
$135,000
Outstanding Balance
$96,133
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$222,663

Purchase Details

Closed on
Dec 23, 2009
Sold by
Handel Karen M
Bought by
Lederer Laurella

Purchase Details

Closed on
Jul 28, 2008
Sold by
Handel Lance A
Bought by
Handel Karen M
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
Birchett Michael Dale $135,000 --
Lederer Laurella $27,000 --
Handel Karen M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lederer Laurella $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2013 05/07/13 Sold $135,000 0.0% $64 / Sq Ft
05/07/2013 05/07/13 Sold $135,000 0.0% $128 / Sq Ft View Prior Sale
03/27/2013 03/27/13 Pending -- -- --
03/27/2013 03/27/13 Pending -- -- --
11/20/2012 11/20/12 For Sale $135,000 0.0% $64 / Sq Ft
11/19/2012 11/19/12 For Sale $135,000 -- $128 / 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 $3,479 $281,300 $0 $0
2023 $1,669 $135,000 $0 $0
2022 $1,724 $135,000 $0 $0
2021 $1,724 $135,000 $0 $0
2020 $1,724 $135,000 $0 $0
2019 $1,724 $135,000 $0 $0
2018 $1,724 $135,000 $0 $0
2017 $1,644 $135,000 $0 $0
2015 $1,533 $135,000 $0 $0
2014 $1,533 $135,000 $0 $0
2012 $1,533 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Becky Reinhold

    Seller's Agent in 2013

    Becky Reinhold

    Bluegrass Sotheby's International Realty

    (859) 268-0099

    298 Total Sales

    Becky Reinhold
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1222123

ImagineMLS (Bluegrass REALTORS®)

APN: 15680000

Kentucky Fayette County Lexington 40508 William Wells Brown

524 Elm Tree Ln, Lexington, KY

This home is located at 524 Elm Tree Ln, Lexington, KY 40508 since 04 December 2012 and is currently estimated at $318,796, approximately $151 per square foot. This property was built in 1924. 524 Elm Tree Ln is a home located in Fayette County with nearby schools including William Wells Brown Elementary School, Lexington Traditional Magnet School, and Frederick Douglass 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.

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