NOT LISTED FOR SALE

613 Severn Way Lexington, KY 40503

Open Gates Neighborhood

Estimated Value: $380,000 - $411,000

4 Beds
2 Baths
2,365 Sq Ft
$168/Sq Ft Est. Value

Last Sold November 08, 2022

Last sale price $304,975 $129 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,396/month

2 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Wood Flooring
  • Clays Mill Elementary School Rated A
  • 2-Story Property
  • Main Floor Primary Bedroom

About This Home

As of November 2022

Come check out this well-built ranch on a basement in the popular Open Gates neighborhood located just inside New Circle Rd. This 4 bedroom, 2 bath home has been well cared for over the years by the original owners. Upstairs you will find beautiful hardwood floors with a very spacious living room, and a kitchen open to dining area. The deck overlooks a private, tree-lined backyard. The primary bedroom has a large walk-in closet and a full bath. There are also three additional bedrooms and another full bath on the first floor. Downstairs you will find a cozy, spacious walk-out basement that would be perfect for entertaining. Basement leads to an oversized garage with additional work space, storage and laundry. Perfect location tucked in-between Harrodsburg and Nicholasville Road, and right around the corner from the Clays Mill shopping center and Southland Drive Farmers Market! Quick access to UK, hospitals, parks, restaurants, and shopping at the Fayette Mall and the Summit area. This is a hidden gem that just needs a little bit of updating to make it your own! Seller would like to sell the property AS IS but inspections are welcomed.

Last Agent to Sell the Property

Chelsea Neal

Bluegrass Property Exchange License #222118 Listed on: 09/30/2022

Last Buyer's Agent

Chelsea Neal

Bluegrass Property Exchange License #222118 Listed on: 09/30/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,772

Year Built

  • Built in 1968

Lot Details

  • 8,817 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Woods
  • Neighborhood

Home Design

  • 2-Story Property
  • Brick Veneer
  • Block Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Clays Mill Elementary School
  • Jessie Clark Middle School
  • Lafayette High School

Utilities

  • Cooling Available
  • Dual Heating Fuel
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Open Gates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13362250

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,772

Year Built

Built in 1968

Lot Details

0

Parking

2

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: 1685.0
  • Levels: Two
  • New Construction: No
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Architectural Style:Ranch: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Roof:Composition: Yes
  • Roof:Shingle: Yes
  • Percent Basement Finished: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 680.0
  • Door Features: Storm Door(s)
  • Fireplace: No
  • LivingArea: 2365.0
  • Lot Size Area: 0.2
  • Window Features: Storm Window(s)
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Oven: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Composition, Shingle
  • Construction Materials: Brick Veneer
  • Fencing: None
  • Foundation Details: Block
  • List Price: 309950.0
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Private: No
  • View: Neighborhood, Trees/Woods
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Exterior Features:Storm Door(s): Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached Garage, Basement, Driveway, Garage Door Opener, Garage Faces Rear, Off Street
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Dual Fuel, Natural Gas
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Water Source: Public
  • Heating:Dual Fuel: Yes

Schools

  • Elementary School: Clays Mill
  • High School: Lafayette
  • Middle or Junior School: Jessie Clark

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8817.0
  • Parcel Number: 13362250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Nov 8, 2022
Sold by
Johnson Robert T
Bought by
Naas Michael A
Seller's Agent
Chelsea Neal
Bluegrass Property Exchange
Buyer's Agent
Chelsea Neal
Bluegrass Property Exchange
List Price
$309,950
Sold Price
$304,975
Premium/Discount to List
-$4,975
-1.61%
Views
53
Current Estimated Value
$397,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,773
Avg. Annual Appreciation
9.32%
Original Mortgage
$104,975
Outstanding Balance
$95,683
Interest Rate
0.68%
Mortgage Type
Construction
Estimated Equity
$302,065
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
Naas Michael A $304,975 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naas Michael A $104,975
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2022 11/08/22 Sold $304,975 -1.6% $129 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
10/02/2022 10/02/22 For Sale $309,950 0.0% $131 / Sq Ft
10/02/2022 10/02/22 Off Market $309,950 -- --
09/30/2022 09/30/22 For Sale $309,950 -- $131 / 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 $3,772 $305,000 $0 $0
2023 $3,772 $305,000 $0 $0
2022 $2,370 $226,000 $0 $0
2021 $2,370 $226,000 $0 $0
2020 $2,063 $200,800 $0 $0
2019 $2,063 $200,800 $0 $0
2018 $2,085 $200,800 $0 $0
2017 $1,987 $200,800 $0 $0
2015 $1,466 $165,000 $0 $0
2014 $1,466 $129,000 $0 $0
2012 $1,466 $165,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Chelsea Neal

    Bluegrass Property Exchange

    (859) 608-9437

    1 in this area

    11 Total Sales

    Chelsea Neal
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22021691

ImagineMLS (Bluegrass REALTORS®)

APN: 13362250

Kentucky Fayette County Lexington 40503 Open Gates

613 Severn Way, Lexington, KY

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