11 days on rocket

4616 Palermo Ln, Lexington, KY, 40515

$368,000

Home List Price

$4,370*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
House
Schools Nearby

Location

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4616 Palermo Ln, Lexington$368,000

Buyer Closing Credits

$4,370*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2000
HeatingOther
CoolingHeat Pump, Other
FireplaceFamily Room
MLS #24007666
Lot Size0.19 Acres
StatusActive

About 4616 Palermo Ln

Spacious 3 bed, 2.5 bath colonial-style house in a highly desirable location adjacent to Veterans Park. Enjoy the quiet suburban feel while just being a stone's throw away from the great outdoors and beautiful scenery.Quiet and family-friendly neighborhood, walking distance to Veterans Park Elementary School and neighborhood pool. The corner lot location also provides easy access to major urban arteries (Man o' War & Tates Creek) as well as popular hotspots like the Brannon Crossing, the Summit, and Fayette Mall.The first floor features a tastefully designed kitchen with a new refrigerator, microwave, and range, with a separate living space and a home-office that give maximum privacy and comfort. The second floor features a large master suite with a double sink and two large guest bedrooms with ceiling fans and lots of natural light.Situated on an 8,100 square foot lot with plenty of greenery and a fenced backyard that is ideal for entertaining, outdoor activities, and gardening. Don't let this property get away!New shingles in 2021. Fire station in the neighborhood. New police station. $191/sqf

Property Details

Property Features

Property Information:

  • Year Built: 2000
  • Stories: 2

Listing Office:

  • Office Name: Louie Su Realty LLC
  • Office Phone: (859) 227-7793

Interior Features

Interior Information:

  • Flooring Type: Carpet, Laminate, Vinyl
  • Fireplace: Family Room

Bedroom and Bathroom Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Heat Pump, Other

School Info

Assigned Schools Information:

  • Tates Creek High School, Public District Grades 9-12
  • Southern Middle School, Public District Grades 6-8
  • Veterans Park Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Man O War to Tates Creek outbound, Right on Clearwater in to Veterans Park/Pinnacle. Left on Southpoint, Left on Palermo home to left corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $368,000

Tax Information:

  • Annual Amount: $2,781
  • 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

$313.3K

Med. Price/SqFt

$150

Avg. Days On Market

16

# of Sold Homes

298

4616 Palermo Ln vs Lexington

11 DAYS ON ROCKET

-5 Days

$368,000

+$54.6K More

KEY TAKEAWAY

This property is $54.6K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24007666

Listing Office:

  • Office Name: Louie Su Realty LLC
  • Office Phone: (859) 227-7793

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: 5/3/2024, 11:20:37 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

Jul 03, 2008Home Sold
$176,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,781$217,700
2019$2,781$217,700
2018$2,781$217,700

History based on county public records data.

Payment Calculator

$1,904

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,170

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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-5283768
7
/10

  • Veterans Park Elementary School

  • 4351 Clearwater Way

  • 0.56 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-5283769
5
/10

  • Southern Middle School

  • 400 Wilson Downing Rd

  • 1.65 miles

  • Public District Grades 6-8

High School

school-card-donut-5283770
3
/10

  • Tates Creek High School

  • 1111 Centre Pkwy

  • 2.61 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 $97,028. Residents of Lexington, KY typically earn between $35k-100k each year. Typical family type is married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4616 Palermo Ln

What is the listing price of this property?

The listing price of 4616 Palermo Ln property is $368,000.

What type of property is this?

The property 4616 Palermo Ln is a house located in Lexington, Kentucky, 40515.

Is this property for sale now?

Active Listing: 4616 Palermo Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4616 Palermo Ln are:
Veterans Park Elementary School: GreatSchools Rating 7/10
Southern Middle School: GreatSchools Rating 5/10
Tates Creek High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,781 (source: MLS/based on county public records data).

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

The last sale was on July 3, 2008 for $176,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4616 Palermo Ln has 3 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 4616 Palermo Ln is 2000.

Rocket Homes›Kentucky›Fayette County›Lexington›40515›4616 Palermo Ln

This home is located at 4616 Palermo Ln in Lexington, KY and zip code 40515 in the District 9 neighborhood. This home, which was built in 2000, sits on a 0.19 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 21, 2024 and is currently priced at $368,000.

Lexington, KY housing market in April 2024 saw over 95 listings sold above listed price, more than 97 sold at listed price and over 106 sold below. In April 2024 in Lexington, KY there were 11.5% more homes for sale than in March 2024. While the average time on the market in April 2024 was 16 days, the median list price was $313,312.

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

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