Beautifully Updated 3-Bedroom Ranch on Double Lot in Cloverdale - Collins Lane Area. Welcome to this stunning all-brick ranch located in the highly sought-after Cloverdale subdivision, just off Collins Lane. Nestled on a spacious double lot, this beautifully updated 3-bedroom, 2.5-bathroom walk-out basement home offers a generous and flexible floor plan perfect for today's lifestyle. Main Level Features: 3 spacious bedrooms and 1.5 bathrooms A large, light-filled living room Expansive kitchen and dining area - perfect for family gatherings or entertaining Step outside to the oversized screened-in covered porch, your ideal spot for relaxing or hosting guests. The porch overlooks a private backyard with an above-ground pool your very own summer retreat! Finished Walk-Out Basement Includes: A huge great room - perfect for a second living area, playroom, or media room, another room being used as a 4th bedroom with private exterior entry ideal for guests, a home office, or rental potential Full bathroom, laundry room, and access to the 1-car garage. This home offers the perfect blend of comfort, space, and convenience - all located in a quiet, established neighborhood just minutes from schools, shopping, and downtown Frankfort. Don't miss your chance to own this exceptional home - call today to schedule your private showing! Back on the market no fault of sellers, due to buyers unable to sell current home on the contingency.
Sold for $340,000
$340,000
507 Timothy Dr, Frankfort, KY 40601
3beds
2,548sqft
Single Family Residence
Built in 1961
0.61 Acres Lot
$345,400 Zestimate®
$133/sqft
$2,595 Estimated rent
Home value
$345,400
Estimated sales range
Not available
$2,595/mo
Zestimate® history
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List your homeWhat's special
Walk-out basementAll-brick ranchFinished walk-out basementDouble lotOversized screened-in covered porchAbove-ground poolPrivate backyard
Zillow last checked:
Listing updated:
Listed by:
Larry E Moore 502-545-0692,
CENTURY 21 Simpson & Associates
Bought with:
Larry E Moore, 221769
CENTURY 21 Simpson & Associates
Source: Imagine MLS,MLS#: 25501323
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Bathroom 1
- Level: First
Bathroom 2
- Level: First
Bathroom 3
- Level: Lower
Bonus room
- Level: Lower
Dining room
- Level: First
Family room
- Level: Lower
Kitchen
- Level: First
Living room
- Level: First
Utility room
- Level: Lower
Heating
- Electric, Heat Pump
Cooling
- Central Air, Ceiling Fan(s), Electric, Heat Pump
Appliances
- Included: Disposal, Dishwasher, Microwave, Refrigerator, Oven
- Laundry: Electric Dryer Hookup, Washer Hookup, Lower Level
Features
- Eat-in Kitchen, Ceiling Fan(s)
- Flooring: Hardwood, Laminate
- Doors: Storm Door(s)
- Windows: Insulated Windows, Storm Window(s), Blinds, Screens
- Basement: Finished,Full,Sump Pump,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,548
- Total interior livable area: 2,548 sqft
- Finished area above ground: 1,404
- Finished area below ground: 1,144
Property
Parking
- Total spaces: 1
- Parking features: Attached Garage, Basement, Driveway, Garage Door Opener, Off Street, Garage Faces Side
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Exterior features: Awning(s), Fire Pit
- Has private pool: Yes
- Pool features: Above Ground
- Fencing: Privacy,Wood
- Has view: Yes
- View description: Trees/Woods, Neighborhood, Farm
Lot
- Size: 0.61 Acres
- Features: Landscaped, Few Trees
Details
- Additional structures: Shed(s)
- Parcel number: 0622016008.00
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Raised Ranch
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Foundation: Block
- Roof: Dimensional Style,Shingle
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Propane
Community & HOA
Community
- Security: Security System Leased
- Subdivision: Cloverdale
HOA
- Has HOA: No
Location
- Region: Frankfort
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $293,000
- Annual tax amount: $3,537
- Date on market: 3/7/2026
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Sold | $340,000-2.8%$133/sqft |
Source:  Imagine MLS #25501323 Report a problem | ||
| 3/15/2026 | Pending sale | $349,900$137/sqft |
Source: Imagine MLS #25501323 Report a problem | ||
| 3/7/2026 | Listed for sale | $349,900$137/sqft |
Source: Imagine MLS #25501323 Report a problem | ||
| 1/13/2026 | Contingent | $349,900$137/sqft |
Source: Imagine MLS #25501323 Report a problem | ||
| 12/29/2025 | Price change | $349,900-2.8%$137/sqft |
Source: Imagine MLS #25501323 Report a problem | ||
| 12/8/2025 | Price change | $359,900-1.4%$141/sqft |
Source: Imagine MLS #25501323 Report a problem | ||
| 11/22/2025 | Price change | $364,900-2.7%$143/sqft |
Source: Imagine MLS #25501323 Report a problem | ||
| 10/12/2025 | Price change | $374,900-2.6%$147/sqft |
Source: Imagine MLS #25501323 Report a problem | ||
| 9/22/2025 | Price change | $384,900-1.3%$151/sqft |
Source: Imagine MLS #25501323 Report a problem | ||
| 9/15/2025 | Listed for sale | $389,900+33.1%$153/sqft |
Source: Imagine MLS #25501323 Report a problem | ||
| 12/7/2023 | Sold | $293,000-2.3%$115/sqft |
Source: Imagine MLS #23020014 Report a problem | ||
| 11/11/2023 | Contingent | $299,900$118/sqft |
Source: Imagine MLS #23020014 Report a problem | ||
| 11/1/2023 | Listed for sale | $299,900$118/sqft |
Source: Imagine MLS #23020014 Report a problem | ||
| 10/22/2023 | Contingent | $299,900$118/sqft |
Source: Imagine MLS #23020014 Report a problem | ||
| 10/16/2023 | Listed for sale | $299,900+39.5%$118/sqft |
Source: Imagine MLS #23020014 Report a problem | ||
| 8/16/2023 | Sold | $215,000+28%$84/sqft |
Source: Public Record Report a problem | ||
| 9/1/2011 | Sold | $168,000$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,537 +76.2% | $293,000 +74.4% |
| 2023 | $2,008 +0.9% | $168,000 |
| 2022 | $1,989 -1.2% | $168,000 |
| 2021 | $2,013 +511.5% | $168,000 |
| 2020 | $329 | $168,000 |
| 2019 | -- | $168,000 |
| 2018 | -- | $168,000 |
| 2017 | $2,250 | $168,000 |
| 2016 | $2,250 | $168,000 |
| 2015 | $2,250 | $168,000 |
Find assessor info on the county website
Neighborhood: 40601
Nearby homes
- $105,0003 bd2 ba1.6k sqft509 Timothy Dr, Frankfort, KY 40601Off Market
- $162,9003 bd1 ba-- sqft509 Timothy Dr, Frankfort, KY 40601Off Market
- $268,4003 bd1 ba-- sqft509 Timothy Dr, Frankfort, KY 40601Off Market
- $146,0003 bd2 ba1.5k sqft409 Barley Dr, Frankfort, KY 40601Off Market
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- $278,6003 bd2 ba2.1k sqft508 Reed Dr, Frankfort, KY 40601Off Market
Nearby schools
GreatSchools rating
- 7/10Collins Lane Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Bondurant Middle SchoolGrades: 6-8Distance: 1.5 mi
- 8/10Western Hills High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Collins Lane
- Middle: Bondurant
- High: Western Hills
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
- Franklin County
- Frankfort
- 40601
- 507 Timothy Dr
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