NOT LISTED FOR SALE

588 Folkstone Dr Lexington, KY 40517

Patchen Woods-Chippen Dale Neighborhood

Estimated Value: $278,000 - $311,000

5 Beds
1.5 Baths
1,600 Sq Ft
$187/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $259,000 $162 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,860/month

2 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Porch
  • Cassidy Elementary School Rated A
  • Neighborhood Views
  • Eat-In Kitchen

About This Home

As of September 2023

Perfect family home in friendly quiet neighborhood, with close proximity to downtown, restaurants and shopping. This 5-bedroom 1.5 bath home has a brand-new roof (10yr warranty), new gutters, new ac unit and new waterproof DuraLux luxury vinyl flooring. Home has many charming features throughout such as crown molding, original hardwood floors, granite countertops in kitchen, chair railing in dining room and a sliding barn door for the bathroom. Out back there is a small fenced in yard with a paved drive all the way to the detached garage. Don't miss your chance to own this spacious & perfectly located home (only 3 mins from Alumni/New Circle & Man-O-War!), schedule your showing today! Sellers are still in the process of painting.

Last Agent to Sell the Property

Jessie Smith

Bluegrass Properties Group License #251086 Listed on: 07/24/2023

Last Buyer's Agent

Kyle Bonner Latimer

Lifstyl Real Estate License #243575

Lifstyl Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,203

Year Built

  • Built in 1968

Lot Details

  • 8,398 Sq Ft Lot
  • Privacy Fence

Home Design

  • Ranch Style House
  • Brick Veneer
  • Block Foundation
  • Slab Foundation
  • Dimensional Roof
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Dining Room
  • Utility Room
  • Neighborhood Views
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Porch

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Lakeview Mt Tabor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13993450

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,203

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 1600.0
  • Levels: One
  • New Construction: No
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Roof:Dimensional Style: Yes
  • Flooring:Hardwood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Architectural Style:Ranch: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Foundation Details:Slab: Yes
  • Fencing:Privacy: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen
  • Flooring: Hardwood, Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace: No
  • LivingArea: 1600.0
  • Lot Size Area: 0.19
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Fencing: Privacy
  • Foundation Details: Block, Slab
  • List Price: 265000.0
  • Patio And Porch Features: Porch
  • View: Neighborhood
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Storm Door(s): Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: Yes
  • Parking Features: Detached Garage, Driveway, Garage Door Opener
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Forced Air: 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: 8398.0
  • Parcel Number: 13993450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Sep 1, 2023
Sold by
Holmes Jared Allan and Holmes Nicole Marie
Bought by
Outman Parker James and Outman Emily Taylor
Seller's Agent
Jessie Smith
Bluegrass Properties Group
Buyer's Agent
Kyle Bonner Latimer
Lifstyl Real Estate
List Price
$265,000
Sold Price
$259,000
Premium/Discount to List
-$6,000
-2.26%
Views
25
Current Estimated Value
$298,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,887
Avg. Annual Appreciation
7.27%
Original Mortgage
$207,200
Outstanding Balance
$202,881
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$96,006

Purchase Details

Closed on
Nov 28, 2016
Sold by
Mia Lab Llc
Bought by
Holmes Nicole and Holmes Jared Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2011
Sold by
Jones Jeffrey S and Jones Beth
Bought by
Williams Kathy
Source: Public Records

Range of Values:

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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
Outman Parker James $259,000 Bluegrass Land Title
Holmes Nicole $150,000 --
Williams Kathy $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Outman Parker James $207,200
Previous Owner Jones Jeffrey S $147,283
Previous Owner Jones Jeffrey S $120,000
Previous Owner Jones Jeffrey S $113,471
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $259,000 -2.3% $162 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $265,000 0.0% $166 / Sq Ft
09/14/2015 09/14/15 Rented $1,275 0.0% --
09/13/2015 09/13/15 Under Contract -- -- --
08/10/2015 08/10/15 For Rent $1,275 -- --
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 $3,203 $259,000 $0 $0
2023 $1,855 $150,000 $0 $0
2022 $1,916 $150,000 $0 $0
2021 $1,916 $150,000 $0 $0
2020 $1,916 $150,000 $0 $0
2019 $1,916 $150,000 $0 $0
2018 $1,916 $150,000 $0 $0
2017 $1,826 $150,000 $0 $0
2015 $1,287 $115,000 $0 $0
2014 $1,287 $115,000 $0 $0
2012 $1,287 $115,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jessie Smith

    Bluegrass Properties Group

    (859) 582-8834

    1 in this area

    96 Total Sales

    Jessie Smith
    Section Image

  • K

    Buyer's Agent in 2023

    Kyle Bonner Latimer

    Lifstyl Real Estate

    (859) 278-7501

    2 in this area

    34 Total Sales

    Kyle Bonner Latimer
    Section Image

  • B

    Seller's Agent in 2015

    Blanca Cheung

    Lifstyl Real Estate

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23014005

ImagineMLS (Bluegrass REALTORS®)

APN: 13993450

Kentucky Fayette County Lexington 40517 Patchen Woods-Chippen Dale

588 Folkstone Dr, Lexington, KY

This home is located at 588 Folkstone Dr, Lexington, KY 40517 since 24 July 2023 and is currently estimated at $298,887, approximately $186 per square foot. This property was built in 1968. 588 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.

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