Skip main navigation
Sold for $415,000
Street View
  • $415,000

    1981 Favell Ct, Lexington, KY 40503

    4beds
    2,152sqft
    Single Family Residence
    Built in 1976
    0.27 Acres Lot
    $416,200 Zestimate®
    $193/sqft
    $2,566 Estimated rent

    Home value

    $416,200

    $391,000 - $441,000

    $2,566/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,566/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,566/mo

    Rent Zestimate®

    Refinance and save

    $2,045/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,045/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    In-ground poolStainless steel appliancesExtraordinary viewTri-level floor planMultiple living spacesGenerous room sizes
    Some opportunities are defined by their potential. Others by their setting. This home offers both. Perfectly positioned in sought-after Grasmere, this tri-level enjoys one of the neighborhood's most coveted views—overlooking a picturesque four-board fenced horse farm, a setting that rarely becomes available, especially at this price point. Lovingly cared for by the same owners for decades, the home reflects years of pride in ownership. While many buyers may choose to update the kitchen and baths over time, there's no need to tackle everything at once. Stainless steel appliances have already been updated, the home has been well maintained, and it's comfortable and move-in ready from day one. The versatile tri-level floor plan offers multiple living spaces, generous room sizes, and an in-ground pool, creating plenty of room to relax, entertain, and make memories for years to come. Some features can be renovated. A setting like this cannot. If you've been waiting for the chance to own a home with an extraordinary view in one of the area's most established neighborhoods, this is an opportunity worth seeing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Diamond-Kiper 859-489-8926,

    ERA Select Real Estate

    Bought with:

    Tyler I Back, 218460

    The Brokerage

    Source: Imagine MLS,MLS#: 26014992MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Second
    Bedroom 2
    • Level: Second
    Bedroom 3
    • Level: Second
    Bedroom 4
    • Level: Lower
    Bathroom 1
    • Level: Second
    Bathroom 2
    • Level: Second
    Bathroom 3
    • Level: Lower
    Dining room
    • Level: First
    Family room
    • Level: Lower
    Kitchen
    • Level: First
    Living room
    • Level: First
    Utility room
    • Level: Lower
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator, Range
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Breakfast Bar, Eat-in Kitchen, Ceiling Fan(s)
    • Flooring: Carpet, Ceramic Tile, Hardwood
    • Basement: Bath/Stubbed,Finished
    • Number of fireplaces: 1
    • Fireplace features: Family Room
    Interior area
    • Total structure area: 2,152
    • Total interior livable area: 2,152 sqft
    • Finished area above ground: 1,458
    • Finished area below ground: 694

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage, Driveway, Garage Door Opener
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More,Multi/Split
    • Has private pool: Yes
    • Pool features: In Ground
    • Fencing: Privacy,Wood
    • Has view: Yes
    • View description: Farm
    Lot
    • Size: 0.27 Acres
    • Features: Landscaped, Few Trees
    Details
    • Parcel number: 26166688

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer, Wood Siding
    • Foundation: Block
    • Roof: Dimensional Style
    Condition
    • New construction: No
    • Year built: 1976

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Grasmere
    HOA
    • Has HOA: No
    Location
    • Region: Lexington

    Financial & listing details

    • Price per square foot: $193/sqft
    • Tax assessed value: $225,500
    • Annual tax amount: $2,455
    • Date on market: 6/25/2026

    Price history

    DateEventPrice
    8/3/2026Sold$415,000-2.4%$193/sqft
    Source: Imagine MLS #26014992 Report a problem
    7/3/2026Contingent$425,000$197/sqft
    Source: Imagine MLS #26014992 Report a problem
    6/28/2026Price change$425,000-5.3%$197/sqft
    Source: Imagine MLS #26014992 Report a problem
    6/25/2026Listed for sale$449,000+5.6%$209/sqft
    Source: Imagine MLS #26014992 Report a problem
    10/19/2021Listing removed--
    Source: Owner Report a problem
    10/11/2021Listed for sale$425,000+206.9%$197/sqft
    Source: Owner Report a problem
    12/6/1999Sold$138,500$64/sqft
    Source: Imagine MLS #9909506 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,455 +7.4%$225,500 +7.4%
    2024$2,286 $210,000
    2023$2,286 -3.2%$210,000
    2022$2,363 $210,000
    2021$2,363 +18.2%$210,000 +18.2%
    2020$1,999 $177,700
    2019$1,999 $177,700
    2018$1,999 +5.6%$177,700
    2017$1,893 +23.5%$177,700 +12.1%
    2015$1,532 $158,500
    2014$1,532 $158,500
    2012$1,532 $158,500
    2011-- --
    2010-- --
    2009-- --
    2008-- $158,500
    2006-- --
    2005-- --
    2004-- --
    Find assessor info on the county website

    Neighborhood: Indian Hills-Stonewall Estates-Monticello

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Stonewall
    • Middle: Jessie Clark
    • High: Lafayette

    Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $416,200
    2% more
    +$8,324
    With Zillow Showcase(estimated)
    $424,524
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $416,200
    2% more
    +$8,324
    With Zillow Showcase(estimated)
    $424,524