For sale

$320,000

332 Ella Rae Ln, Lexington, KY 40511

3beds

1,540sqft

Est.:

Single Family Residence

Built in 2001

5,131.37 Square Feet Lot

$312,100 Zestimate^®

$208/sqft

$10/mo HOA

What's special

Exterior landscapingAttic storageFresh interior paintingOpen floor planBonus multipurpose roomVaulted ceilingsFully fenced backyard

This 3 Bedroom, 2 Bath, 1 level home is spacious and features an open floor plan, vaulted ceilings, eat-in kitchen with updated appliances, great room with propane fireplace and a bonus multipurpose room formerly a covered patio. Enjoy the fully fenced backyard with a large covered deck ideal for outdoor dining or relaxing. The attached 2-car garage has attic storage as well as cabinets and extra upright freezer included. Fresh interior painting, professional cleaning, exterior landscaping makes this home move-in ready.

8 days

1,949

74

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: First

Bedroom 3

Level: First

Bathroom 1

Description: Primary
Level: First

Bathroom 2

Level: First

Bathroom 2

Description: Hall Full Bath

Bonus room

Description: Formerly covered porch.

Foyer

Level: First

Great room

Level: First

Kitchen

Description: Eat-in
Level: First

Utility room

Description: Hall closet style.

Heating

Heat Pump

Cooling

Heat Pump

Appliances

Included: Dryer, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Range
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Entrance Foyer, Eat-in Kitchen, Walk-In Closet(s), Ceiling Fan(s)
Flooring: Carpet, Laminate, Tile, Vinyl
Doors: Storm Door(s)
Windows: Insulated Windows, Blinds, Screens
Has basement: No
Number of fireplaces: 1
Fireplace features: Factory Built, Great Room, Propane

Interior area

Total structure area: 1,540
Total interior livable area: 1,540 sqft
Finished area above ground: 1,540
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Attached Garage, Garage Door Opener, Garage Faces Front
Garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: One
Fencing: Privacy

Lot

Size: 5,131.37 Square Feet

Details

Parcel number: 38004540

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

Year built: 2001

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Underground Utilities, Water Connected

Community & HOA

Community

Subdivision: Masterson Station

HOA

Has HOA: Yes
Amenities included: None
Services included: Maintenance Grounds
HOA fee: $120 annually

Location

Region: Lexington

Financial & listing details

Price per square foot: $208/sqft
Tax assessed value: $188,300
Annual tax amount: $1,755
Date on market: 3/27/2026

Estimated market value

$312,100

$296,000 - $328,000

$1,944/mo

Price history

Date	Event	Price
3/27/2026	Listed for sale	$320,000+141.5%$208/sqft
Source: Imagine MLS #26006228 Report a problem
6/21/2013	Sold	$132,500-2.2%$86/sqft
Source: Imagine MLS #1306942 Report a problem
5/9/2013	Price change	$135,500-8.1%$88/sqft
Source: Coldwell Banker McMahan Co. #1306942 Report a problem
4/13/2013	Listed for sale	$147,500+11%$96/sqft
Source: Coldwell Banker McMahan #1306942 Report a problem
9/1/2006	Sold	$132,900+34.2%$86/sqft
Source: Imagine MLS #634080 Report a problem
7/10/2001	Sold	$99,000$64/sqft
Source: Imagine MLS #2103284 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2023	$1,755 -7.1%	$188,300
2022	$1,888	$188,300
2021	$1,888 +40.9%	$188,300 +30.6%
2020	$1,340	$144,200
2019	$1,340 -1.6%	$144,200
2018	$1,362 +4.9%	$144,200
2017	$1,298 +17.3%	$144,200 +8.8%
2015	$1,107	$132,500 +37.3%
2014	$1,107	$96,500 -27.4%
2012	$1,107	$132,900
2011	--	--
2010	--	--
2009	--	--
2008	--	$101,500
2006	--	--
2005	--	--
2004	--	--