22 days on rocket

Sale Pending

1108 Gainesway Dr, Lexington, KY, 40517

$309,000

Home List Price

$3,669*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
House
Schools Nearby

Location

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1108 Gainesway Dr, Lexington$309,000

Buyer Closing Credits

$3,669*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Year Built1965
HeatingForced Air, Natural Gas
CoolingElectric
BasementYes
FireplaceBasement, Gas Log, Masonry
MLS #24006688
Lot Size0.26 Acres
StatusSale Pending
(Pending)

About 1108 Gainesway Dr

This lovely Tri-Level home in Gainesway has been loved by the same family for 36 years. However, they are heading North to be closer to family. The Seller's have meticulously maintained their home and they have a lot of records indicating everything that they've completed over the years. A sunroom has been added and is used throughout the year. Come see for yourself. You will want to make 1108 Gainesway Drive your next home!

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century
  • Year Built: 1965
  • Stories: 1

Listing Office:

  • Office Name: Berkshire Hathaway de Movellan Properties
  • Office Phone: (859) 266-0451

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood
  • Interior: Breakfast Bar, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Entrance Foyer, Security System Leased
  • Fireplace: Basement, Gas Log, Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Tates Creek High School, Public District Grades 9-12
  • Tates Creek Middle School, Public District Grades 6-8
  • Tates Creek Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Go South on Tates Creek Road and turn left onto Gainesway Drive. 1108 Gainesway is 2-3 blocks on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $309,000

Tax Information:

  • Annual Amount: $1,584
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lexington, KY.

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Lexington, KY

City

Med. Sold Price

$313.3K

Med. Price/SqFt

$150

Avg. Days On Market

16

# of Sold Homes

298

1108 Gainesway Dr vs Lexington

22 DAYS ON ROCKET

+6 Days

$309,000

-$4.3K Less

KEY TAKEAWAY

This property is $4.3K less than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24006688

Listing Office:

  • Office Name: Berkshire Hathaway de Movellan Properties
  • Office Phone: (859) 266-0451

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 8:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,584$163,300
2019$1,584$163,300
2018$1,180$130,000

History based on county public records data.

Payment Calculator

$1,610

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$993

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4957141
5
/10

  • Tates Creek Elementary School

  • 1113 Centre Pkwy

  • 0.38 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4957142
3
/10

  • Tates Creek Middle School

  • 1105 Centre Pkwy

  • 0.42 miles

  • Public District Grades 6-8

High School

school-card-donut-4957143
3
/10

  • Tates Creek High School

  • 1111 Centre Pkwy

  • 0.55 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,780. The majority of Lexington, KY residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1108 Gainesway Dr

What is the listing price of this property?

The listing price of 1108 Gainesway Dr property is $309,000.

What type of property is this?

The property 1108 Gainesway Dr is a house located in Lexington, Kentucky, 40517.

Is this property for sale now?

Sale Pending: 1108 Gainesway Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1108 Gainesway Dr are:
Tates Creek Elementary School: GreatSchools Rating 5/10
Tates Creek Middle School: GreatSchools Rating 3/10
Tates Creek High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,584 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1108 Gainesway Dr has 3 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 1108 Gainesway Dr is 1965.

Rocket Homes›Kentucky›Fayette County›Lexington›40517›1108 Gainesway Dr

This home is located at 1108 Gainesway Dr in Lexington, KY and zip code 40517 in the District 8 neighborhood. This home, which was built in 1965, sits on a 0.26 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $309,000.

In April 2024, from all listings sold in Lexington, KY there were more than 95 sold above asking price, over 106 sold below and more than 97 were sold right at the asked price. The number of homes for sale in Lexington, KY increased by 11.5% between March 2024 and April 2024. Listings spent 16 days on the market in April 2024, and had a median list price of $313,312 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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