NOT LISTED FOR SALE

561 Eureka Springs Dr Lexington, KY 40517

Patchen Woods-Chippen Dale Neighborhood

Estimated Value: $270,000 - $293,000

4 Beds
2 Baths
1,632 Sq Ft
$173/Sq Ft Est. Value

Last Sold March 08, 2023

Last sale price $230,000 $141 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,770/month

About This Home

As of March 2023

This home is located at 561 Eureka Springs Dr, Lexington, KY 40517 since 04 February 2023 and is currently estimated at $281,880, approximately $172 per square foot. This property was built in 1975. 561 Eureka Springs Dr is a home located in Fayette County with nearby schools including Julius Marks Elementary School, Morton Middle School, and Henry Clay High School.

Last Agent to Sell the Property

Kim Caywood

The Real Estate Co. License #266856 Listed on: 02/04/2023

Co-Listed By

Joshua Barrett

The Real Estate Co. License #217671

Last Buyer's Agent

Thomas Harper

Tom Harper and Associates License #216935

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,844

Year Built

  • Built in 1975

Lot Details

  • 9,782 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units
  • Mt Tabor Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17289675

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,844

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex
  • Year Built: 1975
  • New Construction: No
  • Roof:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Lot Size Area: 0.23
  • Total Stories: 1

Exterior Features

  • Roof: Composition
  • List Price: 234900.0

Garage/Parking

  • Total Parking Spaces: 5.0

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 9782.0
  • Parcel Number: 17289675
  • Zoning Description: Residential

Multi Family

  • Number of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Mar 6, 2023
Sold by
J T Barrett Land Holding Llc
Bought by
Wetzlar Peter C
Seller's Agent
Kim Caywood
The Real Estate Co.
Buyer's Agent
Thomas Harper
Tom Harper and Associates
List Price
$234,900
Sold Price
$230,000
Premium/Discount to List
-$4,900
-2.09%
Current Estimated Value
$281,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,880
Avg. Annual Appreciation
8.55%
Original Mortgage
$207,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2022
Bought by
Jt Barrett Land Holding Llc
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Wetzlar Peter C $230,000 --
Jt Barrett Land Holding Llc $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wetzlar Peter $210,000
Closed Wetzlar Peter C $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $230,000 -2.1% $141 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
02/04/2023 02/04/23 For Sale $234,900 -- $144 / 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 $2,844 $230,000 $0 $0
2023 $2,164 $175,000 $0 $0
2022 $1,369 $107,200 $0 $0
2021 $1,369 $107,200 $0 $0
2020 $1,369 $107,200 $0 $0
2019 $1,369 $107,200 $0 $0
2018 $1,369 $107,200 $0 $0
2017 $1,305 $107,200 $0 $0
2015 $1,175 $105,000 $0 $0
2014 $1,175 $105,000 $0 $0
2012 $1,175 $105,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Caywood

    Seller's Agent in 2023

    Kim Caywood

    The Real Estate Co.

    (859) 979-1508

    2 in this area

    409 Total Sales

    Kim Caywood
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Joshua Barrett

    The Real Estate Co.

  • T

    Buyer's Agent in 2023

    Thomas Harper

    Tom Harper and Associates

    (703) 401-2194

    2 in this area

    14 Total Sales

    Thomas Harper
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23002086

ImagineMLS (Bluegrass REALTORS®)

APN: 17289675

Kentucky Fayette County Lexington 40517 Patchen Woods-Chippen Dale

561 Eureka Springs Dr, Lexington, KY

This home is located at 561 Eureka Springs Dr, Lexington, KY 40517 since 04 February 2023 and is currently estimated at $281,880, approximately $172 per square foot. This property was built in 1975. 561 Eureka Springs Dr is a home located in Fayette County with nearby schools including Julius Marks 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.

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