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Backup Offers

414 Fayette Park, Lexington, KY, 40508

$1,649,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
5 Full Baths, 1 Partial
House
Schools Nearby

Location

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414 Fayette Park, Lexington$1,649,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1900
HeatingElectric, Forced Air, Heat Pump, Natural Gas
CoolingElectric
BasementYes
MLS #24006288
Lot Size0.25 Acres
StatusAccepting Backup Offers
(Contingent)

About 414 Fayette Park

Welcome to historic 414 Fayette Park, nestled in the heart of one of downtown Lexington's most iconic neighborhoods. This exquisite property features 5,000 square feet of meticulously renovated excellence, offering a blend of timeless charm and modern luxury. Inside, discover gleaming hardwood floors and soaring ceilings, creating a comfortable atmosphere with natural light streaming through the large windows illuminating the interior with warmth and ambiance. The open-concept kitchen and family room serve as the heart of the home, providing the perfect space for entertaining. Enjoy preparing meals in the chef's kitchen while guests relax in the adjacent family room. From here, step outside to your beautifully landscaped yard with a heated pool, enclosed by a brick wall and mature trees for ultimate seclusion and privacy. Back inside, an elevator provides additional access between the 1st and 2nd floors to most of the home's four spacious bedrooms and 5.5 renovated baths. Additional features include a lower level workout area w/steam shower, dedicated ''zoom room'' and so much more. See the attached list of updates and features! Conveniently located near everything downtown!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2

Listing Office:

  • Office Name: Bluegrass Sotheby's International Realty
  • Office Phone: (859) 268-0099

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Double Oven, Microwave
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Marble, Other, Slate
  • Interior: Dining Area, Eat-in Kitchen, Elevator, Entrance Foyer, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Lafayette High School, Public Magnet Grades 9-12
  • Lexington Trad Magnet School, Public Magnet Grades 6-8
  • Harrison Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: South Broadway outbound. Pass Transylvania University then left into Fayette Park (before W Sixth Street) go around the park and the house is the last house on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,649,000

Tax Information:

  • Annual Amount: $11,752
  • 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

414 Fayette Park vs Lexington

25 DAYS ON ROCKET

+1 Day

$1,649,000

+$1.3M More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24006288

Listing Office:

  • Office Name: Bluegrass Sotheby's International Realty
  • Office Phone: (859) 268-0099

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, 8:25:19 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

Oct 11, 2013Home Sold
$683,850
Oct 04, 2011Home Sold
$815,000
Dec 22, 2006Home Sold
$410,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,752$920,000
2019$11,752$920,000
2018$11,752$920,000

History based on county public records data.

Payment Calculator

$8,298

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,010

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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-3321954
3
/10

  • Harrison Elementary School

  • 161 Bruce St

  • 0.56 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3321955
3
/10

  • Lexington Trad Magnet School

  • 350 N Limestone

  • 0.42 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3321956
7
/10

  • Lafayette High School

  • 401 Reed Ln

  • 2.76 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 $24,391. Residents of Lexington, KY typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 414 Fayette Park

What is the listing price of this property?

The listing price of 414 Fayette Park property is $1,649,000.

What type of property is this?

The property 414 Fayette Park is a house located in Lexington, Kentucky, 40508.

Is this property for sale now?

Accepting Backup Offers: 414 Fayette Park is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 414 Fayette Park are:
Harrison Elementary School: GreatSchools Rating 3/10
Lexington Trad Magnet School: GreatSchools Rating 3/10
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 $11,752 (source: MLS/based on county public records data).

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

The last sale was on October 11, 2013 for $683,850. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 414 Fayette Park has 4 bedrooms and 5 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 414 Fayette Park is 1900.

Rocket Homes›Kentucky›Fayette County›Lexington›40508›414 Fayette Park

This home is located at 414 Fayette Park in Lexington, KY and zip code 40508 in the Fayette Park neighborhood. This home, which was built in 1900, sits on a 0.25 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $1,649,000.

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. Between February 2024 and March 2024, Lexington, KY real estate market has seen increase in the number of listings by 11.4%. 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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