26 days on rocket

313 Preston Ave, Lexington, KY, 40502

$464,999

Home List Price

$5,522*

Closing Credit

3 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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313 Preston Ave, Lexington$464,999

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Year Built1925
HeatingForced Air, Natural Gas
CoolingElectric
MLS #24006186
Lot Size0.17 Acres
StatusActive

About 313 Preston Ave

Welcome to this updated ranch in the desirable Kenwick neighborhood! This home boasts an open floor plan with 3 bedrooms and 2 baths. The mudroom features a utility sink for convenience, while the primary bedroom offers a walk-in closet and updated bathroom with heated floors. The kitchen is a chef's delight with custom wood cabinets, granite countertops, and stainless appliances, including a six-burner gas range. Bonus room would make a great office! Step outside to the fenced backyard with a charming pergola, perfect for outdoor gatherings. Enjoy the front porch for morning coffee or evening relaxation. Take advantage of the unique opportunity as the seller's mortgage is assumable. Don't miss out on this gem!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1925
  • Stories: 1

Listing Office:

  • Office Name: Lifstyl Real Estate
  • Office Phone: (859) 278-7501

Interior Features

Interior Information:

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Breakfast Bar, Eat-in Kitchen, Entrance Foyer, Primary First Floor, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Other, Patio, Porch

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Henry Clay High School, Public Magnet Grades 9-12
  • Morton Middle School, Public District Grades 6-8
  • Ashland Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Richmond Rd to Preston Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $464,999

Tax Information:

  • Annual Amount: $3,551
  • 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

313 Preston Ave vs Lexington

26 DAYS ON ROCKET

+2 Days

$464,999

+$154.3K More

KEY TAKEAWAY

This property is $154.3K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24006186

Listing Office:

  • Office Name: Lifstyl Real Estate
  • Office Phone: (859) 278-7501

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: 4/29/2024, 1:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 11, 2018Home Sold
$278,000
Aug 15, 2016Home Sold
$105,000
Aug 15, 2016Home Sold
$105,000
Mar 30, 2009Home Sold
$128,400

Tax History

YEARPROP. TAXASSESSMENT
2020$3,551$278,000
2019$3,551$278,000
2018$3,321$260,000

History based on county public records data.

Payment Calculator

$2,388

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

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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-3130995
5
/10
  • Ashland Elementary School

  • 195 N Ashland Ave

  • 0.50 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3130996
6
/10
  • Morton Middle School

  • 1225 Tates Creek Rd

  • 1.24 miles

  • Public District Grades 6-8

High School

school-card-donut-3130997
5
/10
  • Henry Clay High School

  • 2100 Fontaine Rd

  • 1.37 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,757. The majority of Lexington, KY residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 313 Preston Ave

What is the listing price of this property?

The listing price of 313 Preston Ave property is $464,999.

What type of property is this?

The property 313 Preston Ave is a house located in Lexington, Kentucky, 40502.

Is this property for sale now?

Active Listing: 313 Preston 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 313 Preston Ave are:
Ashland Elementary School: GreatSchools Rating 5/10
Morton Middle School: GreatSchools Rating 6/10
Henry 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 $3,551 (source: MLS/based on county public records data).

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

The last sale was on April 11, 2018 for $278,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 313 Preston Ave has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 313 Preston Ave is 1925.

Rocket Homes›Kentucky›Fayette County›Lexington›40502›313 Preston Ave

This home is located at 313 Preston Ave in Lexington, KY and zip code 40502 in the Kenwick neighborhood. This home, which was built in 1925, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $464,999.

Lexington, KY housing market in March 2024 saw over 73 listings sold above listed price, more than 66 sold at listed price and over 102 sold below. In March 2024 in Lexington, KY there were 11.4% more homes for sale than in February 2024. While the average time on the market in March 2024 was 24 days, the median list price was $310,646.

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

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