See Home Value
$264,481*
House - Off Market

2014 Rainbow Road

Lexington, KY 40503
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1158 Sqft
$212,000 - $258,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Sep 08, 2021
$235,000
$233,975 by Alexander, Cyrus
Mortgage
Sold Jan 09, 2009
$93,500

About This Property

This is the first time this extremely well kept home is being offered for sale since it's construction in 1955. You'll love this all brick ranch in the desirable Southland neighborhood. Located at the head of the street, 2014 Rainbow is a stone's throw from bars and restaurants and a very short drive to Fayette Mall and The Summit. Inside, you'll find original hardwood floors throughout, with a living room open to the kitchen for a more modern feel. The stackable washer and dryer convey, and be sure to check out the on-demand water heater! Down the hall, two bedrooms share a hall bath; the primary suite has an attached half bath. Outside, an oversized patio gives plenty of room to entertain. The one car detached garage has an extra room on the back that would be perfect for storage or a workshop. Almost everything in this lovely home has been updated by the owner through the years. Schedule a private showing today!

The manager has listed the unit size as 1158 square feet.
Unit Size
1,158Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$203
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Sep 8, 2021 Sold to Benjamin R M Alexander $235,000
Sold to Benjamin R M Alexander
Aug 23, 2021 In contract -
In contract
Aug 18, 2021 Listed $235,000
Listed
Jan 9, 2009 Sold to C David Tr Emerson $93,500
Sold to C David Tr Emerson

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 392
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,797
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,158
  • Building Area: 1,158
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,158
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEERFIELD
  • Land Acres: 0.225
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 38; BOOK: 3875 PAGE: 732

Ownership

  • Current Owner : ALEXANDER BENJAMIN R M
  • Previous Owner : ROBINSON KAREN J
  • Owner Before Previous Owner: ROBINSON CHARLES V
  • Owner Before Previous Owner 2: ROBINSON MARY IMOGENE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 002800

Zoning

  • Zoning: R-1C

Geography

  • Assessors Map Reference: MB:40
  • Parcel: 25424900
  • Lot: 38
  • Latitude: 38.0117
  • Longitude: -84.52

    Address

  • Full Address: 2014 Rainbow Rd
  • Address - House Number: 2014
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Lexington
  • Carrier Code: C006
  • 4-Digit Zip Code: 2405
  • Zip Code: 40503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,885
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2056
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 72
  • Final Value: 277,577
  • High Value: 334,648
  • Low Value: 220,506

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $233,975
  • First Open Lien Mortgage Lender: ALEXANDER, CYRUS
  • First Open Lien Mortgage Recording Date: Sep 08, 2021
  • First Open Lien Mortgage Loan Amount: $233,975
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $235,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,000

    Sales

  • Current Sale Recording Date: Sep 08, 2021
  • Current Sale Transaction ID: 11854722053
  • Current Sale Price: $235,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jan 09, 2009
  • Previous Sale Amount: $93,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALEXANDER, CYRUS
  • First Mortgage Transaction Date: Sep 08, 2021
  • First Mortgage Loan Amount: $233,975
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,081 ft²
$217/ft²
$235,000 Apr 20, 2023
-
-
Townhouse
3 Beds
2.5 Baths
1,510 ft²
$156/ft²
$235,000 Apr 20, 2023
-
$110/mo
Multifamily
4 Beds
2 Baths
1,602 ft²
$154/ft²
$247,500 May 26, 2023
-
-

About Deerfield


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Frequently Asked Questions

When was property at 2014 Rainbow Road built and last sold?
The property at 2014 Rainbow Road was built in 1955 and last sold on Jan 1, 1970 for $235,000.
How much is this home worth?
The estimated value of the home located at 2014 Rainbow Road is $237,733.
What are some comparable homes to 2014 Rainbow Road?
There are currently no comparable homes to 2014 Rainbow Road.

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