Exquisite 3 br ranch home on quiet street in highly desirable Veterans Park School District, with a study that can be utilized as a 4th bedroom. Beautifully and completely updated including new kitchen with quartz countertops, bath with hidden appliance outlets, hvac, hot water heater, plantation shutters, flooring, pergola, landscaping, fireplace insert and more. This home has an oversized garage with an extra 4 ft, sprinkler system, partially covered deck and a fully fenced yard. It features a split bedroom arrangement with the main living area in between making it perfect for entertaining and enjoying the outside. Easy one floor living with very little (if any) maintenance and low utility costs. All this plus a 235 acre park just steps away!
Sold for $487,000
$487,000
5065 Magnolia Gardens Pl, Lexington, KY 40515
3beds
2,048sqft
Single Family Residence
Built in 2002
9,147 Square Feet Lot
$504,200 Zestimate®
$238/sqft
$2,445 Estimated rent
Home value
$504,200
$474,000 - $539,000
$2,445/mo
Zestimate® history
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List your homeWhat's special
Fireplace insertFully fenced yardPartially covered deckEasy one floor livingSprinkler systemHot water heaterSplit bedroom arrangement
Zillow last checked:
Listing updated:
Listed by:
Mary Pepper Johnstone 859-327-1896,
Bluegrass Sotheby's International Realty
Bought with:
Susan Colwell, 191328
Colwell Realty Professionals, Inc.
Source: Imagine MLS,MLS#: 25010284
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Bathroom 1
- Description: Full Bath
- Level: First
Bathroom 2
- Description: Full Bath
- Level: First
Dining room
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Living room
- Level: First
Utility room
- Level: First
Heating
- Forced Air, Natural Gas
Cooling
- Electric
Appliances
- Included: Dryer, Dishwasher, Microwave, Refrigerator, Washer, Range
Features
- Other, Master Downstairs, Walk-In Closet(s)
- Flooring: Carpet, Hardwood, Laminate, Tile
- Windows: Window Treatments
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Gas Log, Insert, Living Room, Ventless
Interior area
- Total structure area: 2,048
- Total interior livable area: 2,048 sqft
- Finished area above ground: 2,048
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, Driveway, Garage Door Opener, Off Street
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Patio & porch: Patio, Porch
- Exterior features: Other
- Fencing: Wood
- Has view: Yes
- View description: Suburban
Lot
- Size: 9,147 Square Feet
Details
- Parcel number: 38080970
- Other equipment: Irrigation Equipment
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Vinyl Siding
- Foundation: Slab
- Roof: Dimensional Style
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park
- Subdivision: Carolina Place
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $238/sqft
- Tax assessed value: $390,000
- Annual tax amount: $4,249
- Date on market: 5/16/2025
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2025 | Sold | $487,000+1.7%$238/sqft |
Source:  Imagine MLS #25010284 Report a problem | ||
| 5/18/2025 | Pending sale | $479,000$234/sqft |
Source: Imagine MLS #25010284 Report a problem | ||
| 5/16/2025 | Listed for sale | $479,000+22.8%$234/sqft |
Source: Imagine MLS #25010284 Report a problem | ||
| 5/12/2022 | Sold | $390,000+11.7%$190/sqft |
Source: Imagine MLS #22007526 Report a problem | ||
| 4/22/2022 | Pending sale | $349,000$170/sqft |
Source: Imagine MLS #22007526 Report a problem | ||
| 4/21/2022 | Listed for sale | $349,000+77.2%$170/sqft |
Source: Imagine MLS #22007526 Report a problem | ||
| 4/16/2010 | Sold | $197,000+13.9%$96/sqft |
Source: Public Record Report a problem | ||
| 10/11/2002 | Sold | $172,885$84/sqft |
Source:  Imagine MLS #203578 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,249 | $390,000 |
| 2023 | $4,249 +22.3% | $390,000 +24.8% |
| 2022 | $3,473 +37% | $312,400 +30.8% |
| 2021 | $2,534 -0.6% | $238,900 |
| 2020 | $2,550 | $238,900 |
| 2019 | $2,550 -0.8% | $238,900 |
| 2018 | $2,571 +32.5% | $238,900 +21.3% |
| 2017 | $1,941 +25.9% | $197,000 |
| 2015 | $1,541 | $197,000 +22.4% |
| 2014 | $1,541 | $161,000 -18.3% |
| 2012 | $1,541 | $197,000 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $165,600 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Neighborhood: 40515
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Nearby schools
GreatSchools rating
- 9/10Veterans Park Elementary SchoolGrades: K-5Distance: 1.3 mi
- 7/10Southern Middle SchoolGrades: 6-8Distance: 2.7 mi
- 3/10Tates Creek High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Veterans
- Middle: Southern
- High: Tates Creek
Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Kentucky
- Fayette County
- Lexington
- 40515
- 5065 Magnolia Gardens Pl
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