2 months on rocket

Sale Pending

3500 Grasmere Dr, Lexington, KY, 40503

$432,000

Home List Price

$5,130*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
House
Schools Nearby

Location

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3500 Grasmere Dr, Lexington$432,000

Buyer Closing Credits

$5,130*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Year Built1978
HeatingElectric, Heat Pump
CoolingElectric, Heat Pump
BasementYes
MLS #24002727
Lot Size0.29 Acres
StatusSale Pending
(Pending)

About 3500 Grasmere Dr

3 things you'll love? 1)The renovation. This cool split-level brings you the benefits of an older home (established neighborhood, huge fenced yard), with all the luxuries you want from a new home. 2) Options. This floorplan is flexible. The kitchen is open to the family room (must-have), but you still have a separate dining room and living room. The former garage has been expertly remodeled into 2 bonus rooms for guests, multigenerational living, work, toys, hobbies, homeschool, etc. The current homeowners have loved having the extra living space (since they make use of the large driveway for parking 4 cars). Need storage? Don't we all! There's easily accessed floored attic space off the hall bath, and a large storage building out back. 3) Coveted Stonewall area, close to all the south Lexington amenities and popular schools. *** Additional features: inviting entry * neutral finishes/colors * engineered wood on the main level * beautiful fireplace * fully renovated and appointed kitchen with granite and stainless appliances * 3 generous-sized bedrooms upstairs, including a primary suite w/ walk-in closet * all bathrooms remodeled * separate laundry room

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Stories: 1

Listing Office:

  • Office Name: East of Elm
  • Office Phone: (859) 797-3640

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Breakfast Bar, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Entrance Foyer, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch, Storm Door(s)

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump

School Info

Assigned Schools Information:

  • Lafayette High School, Public Magnet Grades 9-12
  • Jessie M Clark Middle School, Public District Grades 6-8
  • Stonewall Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Clays Mill to Higbee, to Longwood, to Grasmere

Price Information

Listing Price Info

Price Summary:

  • List Price: $432,000

Tax Information:

  • Annual Amount: $2,965
  • 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

$310.6K

Med. Price/SqFt

$148

Avg. Days On Market

24

# of Sold Homes

241

3500 Grasmere Dr vs Lexington

72 DAYS ON ROCKET

+48 Days

$432,000

+$121.3K More

KEY TAKEAWAY

This property is $121.3K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24002727

Listing Office:

  • Office Name: East of Elm
  • Office Phone: (859) 797-3640

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: 4/27/2024, 6:25:19 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

Jan 11, 2017Home Sold
$263,500
Jan 11, 2017Home Sold
$263,500
Jul 13, 2016Home Sold
$187,500
Jul 13, 2016Home Sold
$187,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,965$263,500
2019$2,965$263,500
2018$2,965$263,500

History based on county public records data.

Payment Calculator

$2,224

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,362

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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-1057844
7
/10

  • Stonewall Elementary School

  • 3215 Cornwall Dr

  • 0.97 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1057845
5
/10

  • Jessie M Clark Middle School

  • 3341 Clays Mill Rd

  • 1.10 miles

  • Public District Grades 6-8

High School

school-card-donut-1057846
7
/10

  • Lafayette High School

  • 401 Reed Ln

  • 3.35 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $99,523. Typical income of Lexington, KY residents is between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3500 Grasmere Dr

What is the listing price of this property?

The listing price of 3500 Grasmere Dr property is $432,000.

What type of property is this?

The property 3500 Grasmere Dr is a house located in Lexington, Kentucky, 40503.

Is this property for sale now?

Sale Pending: 3500 Grasmere 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 3500 Grasmere Dr are:
Stonewall Elementary School: GreatSchools Rating 7/10
Jessie M Clark Middle School: GreatSchools Rating 5/10
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 $2,965 (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 11, 2017 for $263,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3500 Grasmere Dr has 4 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 3500 Grasmere Dr is 1978.

Rocket Homes›Kentucky›Fayette County›Lexington›40503›3500 Grasmere Dr

This home is located at 3500 Grasmere Dr in Lexington, KY and zip code 40503 in the District 9 neighborhood. This home, which was built in 1978, sits on a 0.29 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $432,000.

In March 2024, from all listings sold in Lexington, KY there were more than 73 sold above asking price, over 102 sold below and more than 66 were sold right at the asked price. Between February 2024 and March 2024, Lexington, KY real estate market has seen increase in the number of listings by 11.4%. In March 2024, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $310,646.

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

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