NOT LISTED FOR SALE

721 Rainwater Dr Lexington, KY 40515

Waterford-South Point Neighborhood

Estimated Value: $475,723 - $562,000

4 Beds
3.5 Baths
3,420 Sq Ft
$150/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $305,000 $89 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,060/month

31 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Community Pool
  • Veterans Park Elementary School Rated A
  • Great Room with Fireplace
  • Tennis Courts

About This Home

As of August 2018

All the living space you're looking for and more, with a private, fully fenced back yard. So close to the clubhouse, tennis courts, playground and pool too! Open kitchen/great room design with vaulted ceilings. Relax on your deck overlooking the wooded area, while you enjoy the tranquil sounds of nature. So much to appreciate here including two large storage areas, recycled glass kitchen countertops and several kitchen updates, massive master bedroom, updated flooring, newer windows. Call for your guided tour today.

Last Agent to Sell the Property

Beth Bell Brown

Rector Hayden Realtors License #190529 Listed on: 06/06/2018

Rector Hayden Realtors

Co-Listed By

Nancy Bell

Rector Hayden Realtors License #221322

Last Buyer's Agent

Jason Wade

First Nations Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,772

Year Built

  • Built in 1993

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence
  • Wire Fence
  • Wooded Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Dimensional Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Storm Doors

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Humidity Controlled

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Schools

  • Veterans Elementary School
  • Southern Middle School
  • Tates Creek High School

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities

Listing and Financial Details

  • The owner pays for management, pool maintenance
  • Assessor Parcel Number 2127670

Community Details

Overview

  • Association fees include insurance
  • Waterford Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,772

Year Built

Built in 1993

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1993
  • Above Grade Finished Sq Ft: 2517.0
  • Levels: Two
  • New Construction: No
  • Roof:Dimensional Style: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Flooring:Laminate: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Wood2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Walk-In Closet(s)
  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Concrete, Full, Partially Finished, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 903.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Great Room, Masonry
  • Fireplace: Yes
  • LivingArea: 3420.0
  • Lot Size Area: 0.2
  • Owner Pays: Management, Pool Maintenance
  • Window Features: Blinds, Insulated Windows, Screens, Skylight(s)
  • Basement:Concrete: Yes
  • Full Basement: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Partially Finished: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Fencing: Wood
  • List Price: 299900.0
  • Lot Features: Many Trees, Wooded
  • Patio And Porch Features: Deck, Patio
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Exterior Features:Storm Door(s): Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Wooded: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Humidity Control, Natural Gas, Zoned
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Natural Gas Connected, Underground Utilities
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Amenities: Recreational Facilities
  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Park, Pool, Tennis Court(s)

Fee Information

  • Association Fee Includes: Insurance

Schools

  • Elementary School: Veterans
  • High School: Tates Creek
  • Middle or Junior School: Southern

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.01
  • Parcel Number: 2127670

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Aug 7, 2018
Sold by
Ballard Erin Ann and Ballard Brian D
Bought by
Watts Toni Marie
Seller's Agent
Beth Bell Brown
Rector Hayden Realtors
Buyer's Agent
Jason Wade
First Nations Realty
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$512,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,181
Avg. Annual Appreciation
7.56%
Original Mortgage
$244,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 22, 2008
Sold by
Blanch Vincent J and Blanch Vincent Joseph
Bought by
Moore Erin Ann and Blanch Erin Ann
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
Watts Toni Marie $305,000 --
Moore Erin Ann -- Springdale Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballard Erin $243,000
Closed Ballard Erin $244,000
Previous Owner Ballard Erin $195,000
Previous Owner Ballard Erin $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2018 08/07/18 Sold $305,000 0.0% $89 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $305,000 -- $89 / 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 $3,896 $305,000 $0 $0
2021 $3,896 $305,000 $0 $0
2020 $3,896 $305,000 $0 $0
2019 $3,896 $305,000 $0 $0
2018 $3,812 $298,400 $0 $0
2017 $3,633 $298,400 $0 $0
2015 $2,900 $259,100 $0 $0
2014 $2,900 $259,100 $0 $0
2012 $2,900 $259,084 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Beth Bell Brown

    Seller's Agent in 2018

    Beth Bell Brown

    Rector Hayden Realtors

    (859) 321-7753

    25 in this area

    189 Total Sales

    Beth Bell Brown
    Section Image

  • N

    Seller Co-Listing Agent in 2018

    Nancy Bell

    Rector Hayden Realtors

    (859) 321-1386

    7 in this area

    63 Total Sales

    Nancy Bell
    Section Image

  • J

    Buyer's Agent in 2018

    Jason Wade

    First Nations Realty

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1812505

ImagineMLS (Bluegrass REALTORS®)

APN: 20127670

Kentucky Fayette County Lexington 40515 Waterford-South Point

721 Rainwater Dr, Lexington, KY

This home is located at 721 Rainwater Dr, Lexington, KY 40515 since 06 June 2018 and is currently estimated at $512,181, approximately $149 per square foot. This property was built in 1993. 721 Rainwater Dr is a home located in Fayette County with nearby schools including Veterans Park Elementary School, Southern Middle School, and Tates Creek 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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