NOT LISTED FOR SALE

940 Marbella Ln Lexington, KY 40515

Waterford-South Point Neighborhood

Estimated Value: $468,565 - $524,000

4 Beds
2.5 Baths
2,650 Sq Ft
$189/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $286,000 $108 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,021/month

111 Days on Market

Highlights

  • Wood Flooring
  • Community Pool
  • Walk-In Closet
  • Veterans Park Elementary School Rated A
  • Brick Veneer
  • Living Room

About This Home

As of August 2018

Pinnacle & Veterans Park Area - Need a quick closing & possession? This beautiful popular Stanback built home is just a short walking distance to Veterans Park Elementary. It is just a few blocks from the 238 acre Veteran's Park and Pinnacle's Neighborhood pool & clubhouse. The house has recently been freshly painted, has beautiful hardwood floors, 9ft ceilings and a large deep yard. The main floor has an open concept with a large family room, fireplace with bookshelves, huge breakfast nook with lots of windows, spacious kitchen with plenty of counter space, a formal living and dining room. Upstairs has oversize bedrooms and a hall bathroom with double vanity. The master bedroom is enormous with plenty of natural light, massive walk in closet, laundry shoot and walk in storage area. The MB bath is open and spacious with double vanity, shower and large whirlpool tub. Fantastic location near Tates Creek Center and Brannon Crossing with lots of shopping, entertainment and dining

Last Agent to Sell the Property

John Groft

RE/MAX Creative Realty License #203006 Listed on: 04/07/2018

RE/MAX Creative Realty

Last Buyer's Agent

John Groft

RE/MAX Creative Realty License #203006 Listed on: 04/07/2018

RE/MAX Creative Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,537

Year Built

  • Built in 2003

Lot Details

  • 9,148 Sq Ft Lot
  • Wood Fence
  • Wire Fence

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Dimensional Roof
  • Vinyl Siding

Interior Spaces

  • 2,650 Sq Ft Home
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Crawl Space
  • Storm Doors

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Private Water Source

Listing and Financial Details

  • The owner pays for management, pool maintenance
  • Assessor Parcel Number 38022900

Community Details

Overview

  • Pinnacle Subdivision

Recreation

  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,537

Year Built

Built in 2003

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 2650.0
  • Levels: Two
  • New Construction: No
  • Roof:Dimensional Style: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Wood2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Cooling:Zoned: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Factory Built, Family Room, Gas Log
  • Fireplace: Yes
  • LivingArea: 2650.0
  • Lot Size Area: 0.21
  • Owner Pays: Management, Pool Maintenance
  • Window Features: Blinds, Insulated Windows, Screens
  • Fireplace Features:Factory Built: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Fencing: Wood
  • List Price: 294900.0
  • Lot Features: Many Trees
  • Patio And Porch Features: Deck
  • 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

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security Features: Security System Owned
  • Utilities: Electricity Connected, Natural Gas Connected, Underground Utilities
  • Water Source: Private, Public
  • Heating:Forced Air: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Amenities: Recreational Facilities
  • Association Fee: 295.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Park, Pool

Schools

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

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147.61
  • Parcel Number: 38022900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2018
Closed on
Sep 6, 2018
Sold by
Liao Yuan and Liao Yanli
Bought by
Cooper Sean and Cooper Courtney
Seller's Agent
John Groft
RE/MAX Creative Realty
Buyer's Agent
John Groft
RE/MAX Creative Realty
List Price
$286,000
Sold Price
$286,000
Current Estimated Value
$499,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,641
Avg. Annual Appreciation
8.25%
Original Mortgage
$228,800
Outstanding Balance
$199,937
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$299,704
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
Cooper Sean $286,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liao Yuan $228,800
Previous Owner Liao Yuan $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $286,000 0.0% $108 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
04/07/2018 04/07/18 For Sale $286,000 -- $108 / 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 $3,537 $286,000 $0 $0
2023 $3,537 $286,000 $0 $0
2022 $3,653 $286,000 $0 $0
2021 $3,653 $286,000 $0 $0
2020 $3,653 $286,000 $0 $0
2019 $3,653 $286,000 $0 $0
2018 $3,321 $260,000 $0 $0
2017 $3,165 $260,000 $0 $0
2015 $2,910 $260,000 $0 $0
2014 $2,910 $260,000 $0 $0
2012 $2,910 $260,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Groft

    Seller's Agent in 2018

    John Groft

    RE/MAX

    (859) 420-7355

    35 in this area

    144 Total Sales

    John Groft
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1806808

ImagineMLS (Bluegrass REALTORS®)

APN: 38022900

Kentucky Fayette County Lexington 40515 Waterford-South Point

940 Marbella Ln, Lexington, KY

This home is located at 940 Marbella Ln, Lexington, KY 40515 since 07 April 2018 and is currently estimated at $499,641, approximately $188 per square foot. This property was built in 2003. 940 Marbella Ln 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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