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474 W Third St, Lexington, KY, 40508

$1,300,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
House
Schools Nearby

Location

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474 W Third St, Lexington$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1880
HeatingForced Air, Natural Gas
CoolingElectric
BasementYes
FireplaceDining Room, Gas Log, Living Room, Primary Bedroom, Recreation Room
MLS #24007705
Lot Size0.15 Acres
StatusActive

About 474 W Third St

Welcome to your dream home nestled in the heart of downtown Lexington, Kentucky! This charming property offers the perfect blend of convenience and leisure, with walking access to downtown Lexington businesses, theatre and bustling restaurants and vibrant bars, Farmers Market, the University of Kentucky and Transylvania College. But that's not all..step outside your door and embrace the outdoors with a stroll to the new Towne Branch Park, or hop on your bike and explore the picturesque Legacy Trail just moments away. With this prime location and endless possibilities for adventure, this home is truly a rare find. This classic Victorian offers four bedrooms, three full bathrooms and over 4000 finished sqft. of living space with a full, unfinished basement. Enter in to the spacious foyer and you are immediately captivated by the beautiful staircase and soaring ceilings. To the left is the formal living room with two sets of pocket doors and a gas fireplace. Beyond that is the inviting formal dining room with gas fireplace, which leads into the eat in kitchen with gas cooktop and walk-in pantry. There is also a full bath on the first floor. The front portion of the second floor boa

Property Details

Property Features

Property Information:

  • Year Built: 1880
  • Stories: 2

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Down Draft, Electric Water Heater, Gas Range, Microwave, Oven, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: Breakfast Bar, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Entrance Foyer, Security System Leased, Walk-In Closet(s), Wet Bar
  • Fireplace: Dining Room, Gas Log, Living Room, Primary Bedroom, Recreation Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch, Storm Door(s)

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, 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: From Main St., take N. Broadway outbound, left on W. Third, home is on the left just before Miller St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000

Tax Information:

  • Annual Amount: $5,904
  • 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

474 W Third St vs Lexington

4 DAYS ON ROCKET

-20 Days

$1,300,000

+$989.3K More

KEY TAKEAWAY

This property is $989.3K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24007705

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: 4/27/2024, 9:25:19 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

May 17, 2017Home Sold
$501,500

Tax History

YEARPROP. TAXASSESSMENT
2020$5,904$501,500
2019$5,904$501,500
2018$5,926$501,500

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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NMLS#3030

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-1137190
3
/10

  • Harrison Elementary School

  • 161 Bruce St

  • 0.18 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1137191
3
/10

  • Lexington Trad Magnet School

  • 350 N Limestone

  • 0.51 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1137192
7
/10

  • Lafayette High School

  • 401 Reed Ln

  • 2.43 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 $42,200. Residents of Lexington, KY typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 474 W Third St

What is the listing price of this property?

The listing price of 474 W Third St property is $1,300,000.

What type of property is this?

The property 474 W Third St is a house located in Lexington, Kentucky, 40508.

Is this property for sale now?

Active Listing: 474 W Third 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 474 W Third St 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 $5,904 (source: MLS/based on county public records data).

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

The last sale was on May 17, 2017 for $501,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 474 W Third St has 4 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 474 W Third St is 1880.

Rocket Homes›Kentucky›Fayette County›Lexington›40508›474 W Third St

This home is located at 474 W Third St in Lexington, KY and zip code 40508 in the Northside neighborhood. This home, which was built in 1880, sits on a 0.15 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $1,300,000.

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. In March 2024 in Lexington, KY there were 11.4% more homes for sale than in February 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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