12 days on rocket

500 N Broadway, Lexington, KY, 40508

$649,000

Home List Price

$7,707*

Closing Credit

5 Bedrooms
2 Full Baths
4,663 SqFt
$139/SqFt
Multi
Schools Nearby

Location

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500 N Broadway, Lexington$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 - 5 Spaces, On Site, Paved
Year Built1910
HeatingForced Air, Natural Gas
CoolingElectric
MLS #24006450
Lot Size0.10 Acres
StatusActive

About 500 N Broadway

Located 1 Block from Transylvania University. Built by Frank Hulett, this Romanesque style house features a three story tower and is distinguishable by its projecting elaborate staircase clad in decorative metal. Currently used as a duplex, this unique home could be returned to a single family residence if desired. Current configuration features the front unit housing an open floor plan on the first floor with kitchen/living area and 2 bedrooms/full bath on second level. The back unit has first floor kitchen/living area, 2nd level offers 2 bedrooms/full bath, and 3rd level with bedroom/living space with spectacular views of downtown. Owner has made lots of upgrades/updates since purchased. Off street parking behind the house.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Stories: 3
  • Living Area: 4,663 SqFt

Listing Office:

  • Office Name: Team Pannell Real Estate
  • Office Phone: (859) 806-7946

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: 1 - 5 Spaces, On Site, Paved

Lot Features

Lot Information:

  • Lot Size: 0.10 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: Located on the corner of North Broadway and Fifth Street. Street parking or Off street parking behind property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
  • Price Per SqFt: $139/SqFt

Tax Information:

  • Annual Amount: $4,024
  • 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

500 N Broadway vs Lexington

12 DAYS ON ROCKET

-12 Days

$649,000

+$338.3K More

$139/SqFt

-$10 Less

KEY TAKEAWAY

This property is $338.3K more than the Median Sold Price and $10/SqFt less than other homes in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24006450

Listing Office:

  • Office Name: Team Pannell Real Estate
  • Office Phone: (859) 806-7946

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: 4/18/2024, 5:25:19 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 29, 2013Home Sold
$315,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,024$315,000
2019$4,024$315,000
2018$4,024$315,000

History based on county public records data.

Payment Calculator

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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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-115386
3
/10

  • Harrison Elementary School

  • 161 Bruce St

  • 0.55 miles

  • Public District Grades PK-5

Middle School

school-card-donut-115387
3
/10

  • Lexington Trad Magnet School

  • 350 N Limestone

  • 0.34 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-115388
7
/10

  • Lafayette High School

  • 401 Reed Ln

  • 2.72 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 $27,865. Typical income of Lexington, KY residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In District 1, Lexington

Types of housing in District 1, Lexington.

Roughly 55% of the dwellings in the community are occupied by renters whereas the rest are occupied by owners. In this part of Lexington-Fayette, roughly 60% of dwellings are single detached homes, while the remainder are mainly large apartment buildings and small apartment buildings. The median year of construction for buildings in this area is 1968. This community is primarily composed of two bedroom and three bedroom homes.

What is it like to live in District 1, Lexington?

The character of District 1 is exemplified by its relaxed environment. This community is fairly good for those who enjoy quiet surroundings, as there tend to be low levels of noise from traffic - although that is not the case near Interstate 64 or the railway line. Lastly, public green spaces, including Coolivan Park and Castlewood Park, are very well-situated and there are about 10 of them close by for residents to relax in, making it easy to access them.

Is it easy to get around District 1, Lexington without a car?

Primary schools are convenient to reach on foot from most homes for sale in District 1. On the other hand, it can be challenging to get to high schools on foot. Residents have the option of public and private schools at both the elementary and high school level. With regards to eating, it is convenient to access the nearest supermarket on foot in this community. Likewise, a restaurant is commonly just around the corner, for instance on Jefferson Street, and there are also approximately 10 cafes in District 1.

Transportation in District 1, Lexington.

District 1 will attract active home buyers as it is quite suitable for those who travel by foot; many daily errands can be run without the use of a vehicle. Driving is very often the preferred approach to navigate this part of Lexington-Fayette. It is especially convenient to park. However, public transit users may experience few choices in District 1 due to the low service level. Nevertheless, house owners are served by a few bus lines, and bus stops are not very far from most homes.

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Rocket Homes›Kentucky›Fayette County›Lexington›40508›500 N Broadway

This home is located at 500 N Broadway in Lexington, KY and zip code 40508 in the District 1 neighborhood. This 4,663 square foot home, which was built in 1910, sits on a 0.10 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 06, 2024 and is currently priced at $649,000.

Over 73 listings were sold over their listed price in March 2024 in Lexington, KY. In the same period over 102 listings were sold below the listed price and 66 listings were sold for the listed price. The number of listings in Lexington, KY increased by 11.4% between February 2024 and March 2024. Listings spent 24 days on the market in March 2024, and had a median list price of $310,646 during the same period.

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

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