Nestled in the coveted, historic Ashland Park neighborhood, this stately home exudes charm and elegance. Upon entering the grand foyer, you're greeted by exquisite details including beautiful moldings, soaring ceilings and a stair landing featuring a stained glass window. The first level offers formal living and dining rooms, family room, a gourmet kitchen that will delight any culinary enthusiast and an adjacent cozy breakfast area, perfect for enjoying casual family meals! The second floor features one of the elegant primary suites with access to a screened back porch, two additional bedrooms (one currently used as a home office) and Jack-and-Jill bath. The second primary suite is on the third level, complete with a stunning bedroom, bath and work-out area. The beautifully finished lower floor offers a den with exposed stone walls, rec room, wine cellar, bedroom, full bath and laundry/utility room. Additional features include a screened back porch overlooking the private, in-ground salt water pool, fenced and landscaped yard, inviting front porch and 2-car garage. Convenient location, steps away Chevy Chase, downtown and the University of KY!
Property Details
Property Features
Property Information:
Year Built: 1923
Stories: 2
Listing Office:
Office Name: Bluegrass Sotheby's International Realty
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$13K
Per Month
Principal & Interest
$12.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$7,846
Powered By
Advertisement
NMLS#3030
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
5
/10
Ashland Elementary School
195 N Ashland Ave
Distance between this listing and this school0.47 miles
Public District Grades KG-5
Middle School
6
/10
Morton Middle School
1225 Tates Creek Rd
Distance between this listing and this school0.66 miles
Public District Grades 6-8
High School
5
/10
Henry Clay High School
2100 Fontaine Rd
Distance between this listing and this school1.45 miles
Public Magnet Grades 9-12
Assigned Schools
5
/10
Ashland Elementary School
195 N Ashland Ave
Distance between this listing and this school0.47 miles
Public District Grades KG-5
Nearby Schools
3
/10
Maxwell Spanish Immersion Elementary School
301 Woodland Ave
Distance between this listing and this school0.46 miles
Public Magnet Grades KG-5
8
/10
Cassidy Elementary School
1125 Tates Creek Rd
Distance between this listing and this school0.64 miles
Public District Grades KG-5
Assigned Schools
6
/10
Morton Middle School
1225 Tates Creek Rd
Distance between this listing and this school0.66 miles
Public District Grades 6-8
Nearby Schools
3
/10
Lexington Trad Magnet School
350 N Limestone
Distance between this listing and this school1.19 miles
Public Magnet Grades 6-8
7
/10
Scapa At Bluegrass
400 Lafayette Pkwy
Distance between this listing and this school2.17 miles
Public Magnet Grades 4-8
Assigned Schools
5
/10
Henry Clay High School
2100 Fontaine Rd
Distance between this listing and this school1.45 miles
Public Magnet Grades 9-12
Nearby Schools
7
/10
Lafayette High School
401 Reed Ln
Distance between this listing and this school2.17 miles
Public Magnet Grades 9-12
2
/10
Bryan Station High School
201 Eastin Rd
Distance between this listing and this school2.87 miles
The neighbors living near this home have an average income of $62,189. Most Lexington, KY residents have annual incomes between $35k-100k. Typical family type is 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 224 S Ashland Ave
What is the listing price of this property?
The listing price of 224 S Ashland Ave property is $2,595,000.
What type of property is this?
The property 224 S Ashland Ave is a house located in Lexington, Kentucky, 40502.
Is this property for sale now?
Active Listing: 224 S Ashland Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 224 S Ashland Ave are: Ashland Elementary School: GreatSchools Rating 5/10Morton Middle School: GreatSchools Rating 6/10Henry Clay High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $20,438 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 3, 2017 for $1,600,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 224 S Ashland Ave has 5 bedrooms and 4 full and 1 half bathrooms.
Which year was this property built?
The year of construction for 224 S Ashland Ave is 1923.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 224 S Ashland Ave in Lexington, KY and zip code 40502 in the Ashland Park neighborhood. This home, which was built in 1923, sits on a 0.46 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $2,595,000.
In April 2024 more than 95 listings in Lexington, KY were sold above the asking price. During the same period more than 97 listings were sold at asking price, while more than 106 were sold below. The inventory of homes for sale in Lexington, KY between March 2024 and April 2024 increased by 11.5%. 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.
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.
Symphony or Opera
Symphony or Opera
Yoga/pilates
Hiking/backpacking
Chico's
H&M
Nordstrom Rack
Boston Market
Dominos Pizza
Chipotle
Volvo
Audi
Mazda
Talk/Personality
Alternative
Rock