6 months on rocket

Sale Pending

271 Malabu Dr, Lexington, KY, 40502

$385,000

Home List Price

$4,572*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
House
Schools Nearby

Location

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271 Malabu Dr, Lexington$385,000

Buyer Closing Credits

$4,572*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1959
HeatingNatural Gas
CoolingElectric
BasementYes
MLS #23020403
Lot Size0.28 Acres
StatusSale Pending
(Pending)

About 271 Malabu Dr

Beautifully renovated stone ranch on a full basement in popular Lansdowne! The main level boasts a charming living room, modern kitchen with updated cabinets, countertops, and appliances, as well as three bedroom and 2.5 baths! The walk out basement offers tons of extra living space and storage, plus a full bath and two car garage. Out back the new deck overlooks a private, fully fenced in backyard. Don't wait, schedule your viewing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1959
  • Stories: 1

Listing Office:

  • Office Name: RE/MAX Elite Lexington
  • Office Phone: (859) 245-1165

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: Bedroom First Floor, Dining Area, Eat-in Kitchen

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Lafayette High School, Public Magnet Grades 9-12
  • Morton Middle School, Public District Grades 6-8
  • Glendover Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: House is on the north side of Malabu Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,000

Tax Information:

  • Annual Amount: $2,055
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$310.6K

Med. Price/SqFt

$148

Avg. Days On Market

24

# of Sold Homes

241

271 Malabu Dr vs Lexington

190 DAYS ON ROCKET

+166 Days

$385,000

+$74.3K More

KEY TAKEAWAY

This property is $74.3K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23020403

Listing Office:

  • Office Name: RE/MAX Elite Lexington
  • Office Phone: (859) 245-1165

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: 4/28/2024, 10:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 10, 2015Home Sold
$148,500
Jun 02, 2010Home Sold
$148,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,055$186,100
2019$2,055$186,100
2018$2,055$186,100

History based on county public records data.

Payment Calculator

$1,989

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,221

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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-2150258
8
/10
  • Glendover Elementary School

  • 710 Glendover Rd

  • 0.83 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2150259
6
/10
  • Morton Middle School

  • 1225 Tates Creek Rd

  • 2.10 miles

  • Public District Grades 6-8

High School

school-card-donut-2150260
7
/10
  • Lafayette High School

  • 401 Reed Ln

  • 1.95 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,788. The majority of Lexington, KY residents have income less than $35k annually. The most common type of family 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 271 Malabu Dr

What is the listing price of this property?

The listing price of 271 Malabu Dr property is $385,000.

What type of property is this?

The property 271 Malabu Dr is a house located in Lexington, Kentucky, 40502.

Is this property for sale now?

Sale Pending: 271 Malabu 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 271 Malabu Dr are:
Glendover Elementary School: GreatSchools Rating 8/10
Morton Middle School: GreatSchools Rating 6/10
Lafayette High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,055 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 10, 2015 for $148,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 271 Malabu Dr has 3 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 271 Malabu Dr is 1959.

Rocket Homes›Kentucky›Fayette County›Lexington›40502›271 Malabu Dr

This home is located at 271 Malabu Dr in Lexington, KY and zip code 40502 in the Lansdowne neighborhood. This home, which was built in 1959, sits on a 0.28 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 20, 2023 and is currently priced at $385,000.

In March 2024 more than 73 listings in Lexington, KY were sold above the asking price. During the same period more than 66 listings were sold at asking price, while more than 102 were sold below. The inventory of homes for sale in Lexington, KY between February 2024 and March 2024 increased by 11.4%. In March 2024 median list price was $310,646 and the average listing age was 24 days.

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

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