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438 Michigan St, Lexington, KY, 40508

$158,900

Home List Price

$1,887*

Closing Credit

3 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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438 Michigan St, Lexington$158,900

Buyer Closing Credits

$1,887*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1920
HeatingHeat Pump
CoolingWindow Unit(s)
MLS #24005932
Lot Size0.10 Acres
StatusActive

About 438 Michigan St

Attention Investors! Great opportunity to build your rental portfolio with this recently updated home. Featuring new kitchen cabinets, appliances, paint throughout, new bathroom vanities, water heater, and heat pump. The primary bedroom is located on the main floor. The seller is offering $5,000 at closing for new windows. Sold as-Is with inspections welcome. Schedule your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 1

Listing Office:

  • Office Name: Guide Realty, Inc.
  • Office Phone: (859) 263-0305

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Flooring Type: Hardwood, Laminate
  • Interior: Eat-in Kitchen, Primary First Floor

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Paul Laurence Dunbar High School, Public District Grades 9-12
  • Leestown Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: Right onto E Loudon, left onto Georgetown Rd, right onto Michigan St. Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $158,900
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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

438 Michigan St vs Lexington

30 DAYS ON ROCKET

+6 Days

$158,900

-$151.7K Less

KEY TAKEAWAY

This property is $151.7K less than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24005932

Listing Office:

  • Office Name: Guide Realty, Inc.
  • Office Phone: (859) 263-0305

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

Tax History

YEARPROP. TAXASSESSMENT
2020 - $32,100
2019 - $32,100
2018 - $32,100

History based on county public records data.

Payment Calculator

$861

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$543

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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.

Middle School

school-card-donut-3139199
6
/10

  • Leestown Middle School

  • 2010 Leestown Rd

  • 1.77 miles

  • Public District Grades 6-8

High School

school-card-donut-3139200
6
/10

  • Paul Laurence Dunbar High School

  • 1600 Man O War Blvd

  • 5.07 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,561. Residents of Lexington, KY typically earn less than $35k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 438 Michigan St

What is the listing price of this property?

The listing price of 438 Michigan St property is $158,900.

What type of property is this?

The property 438 Michigan St is a house located in Lexington, Kentucky, 40508.

Is this property for sale now?

Active Listing: 438 Michigan St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 438 Michigan St are:
Leestown Middle School: GreatSchools Rating 6/10
Paul Laurence Dunbar High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 438 Michigan St has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 438 Michigan St is 1920.

Rocket Homes›Kentucky›Fayette County›Lexington›40508›438 Michigan St

This home is located at 438 Michigan St in Lexington, KY and zip code 40508 in the District 2 neighborhood. This home, which was built in 1920, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 30, 2024 and is currently priced at $158,900.

While more than 73 listings in Lexington, KY in March 2024 were sold above asking price, there were more than 66 listings sold at asking price, and more than 102 were sold below. The number of homes for sale in Lexington, KY increased by 11.4% between February 2024 and March 2024. The median list price of listings available in March 2024 was $310,646, while the average time on the real estate market was 24 days.

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

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