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Backup Offers

527 W Third St, Lexington, KY, 40508

$475,000

Home List Price

$5,641*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
House
Schools Nearby

Location

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527 W Third St, Lexington$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Year Built1880
HeatingForced Air
CoolingElectric
FireplaceDining Room, Living Room, Masonry, Primary Bedroom
MLS #24001683
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Contingent)

About 527 W Third St

Step into a timeless masterpiece in downtown Lexington, just moments from Main Street. This meticulously preserved historic gem, constructed in the 1880s, welcomes you with gleaming hardwood floors, lofty ceilings, intricate moldings, and abundant windows that bathe each room in natural light. Boasting a downstairs master and a thoughtfully designed chef's kitchen, this residence seamlessly blends the charm of yesteryear with modern luxury.Indulge in the custom tile work adorning the bathrooms, adding a touch of opulence to everyday living. Outside, a beautiful and serene backyard oasis beckons, featuring a deck that invites you to unwind in style. This property encapsulates the epitome of distinguished living, combining heritage with contemporary elegance. Your dream home awaits in the heart of downtown Lexington.

Property Details

Property Features

Property Information:

  • Year Built: 1880
  • Stories: 2

Listing Office:

  • Office Name: McGoodwin Commercial Real Estate
  • Office Phone: (859) 621-3453

Interior Features

Interior Information:

  • Flooring Type: Hardwood, Tile
  • Fireplace: Dining Room, Living Room, Masonry, Primary Bedroom

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • 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: Outbound Newtown Pike from Main Street. Turn right onto Third Street. House is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000

Tax Information:

  • Annual Amount: $2,683
  • 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

527 W Third St vs Lexington

86 DAYS ON ROCKET

+62 Days

$475,000

+$164.3K More

KEY TAKEAWAY

This property is $164.3K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24001683

Listing Office:

  • Office Name: McGoodwin Commercial Real Estate
  • Office Phone: (859) 621-3453

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, 8:25:19 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

Nov 09, 2017Home Sold
$210,000
Nov 09, 2017Home Sold
$210,000
Nov 09, 2017Home Sold
$210,000
Nov 09, 2017Home Sold
$210,000
Nov 09, 2017Home Sold
$210,000
Nov 09, 2017Home Sold
$210,000
Nov 09, 2017Home Sold
$210,000
May 24, 2016Home Sold
$75,000
May 24, 2016Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,683$210,000
2019$2,683$210,000
2018$2,683$210,000

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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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-1113637
3
/10

  • Harrison Elementary School

  • 161 Bruce St

  • 0.25 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1113638
3
/10

  • Lexington Trad Magnet School

  • 350 N Limestone

  • 0.63 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1113639
7
/10

  • Lafayette High School

  • 401 Reed Ln

  • 2.49 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. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 527 W Third St

What is the listing price of this property?

The listing price of 527 W Third St property is $475,000.

What type of property is this?

The property 527 W Third St is a house located in Lexington, Kentucky, 40508.

Is this property for sale now?

Accepting Backup Offers: 527 W Third St 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 527 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 $2,683 (source: MLS/based on county public records data).

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

The last sale was on November 9, 2017 for $210,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 527 W Third St has 3 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 527 W Third St is 1880.

Rocket Homes›Kentucky›Fayette County›Lexington›40508›527 W Third St

This home is located at 527 W Third St in Lexington, KY and zip code 40508 in the District 1 neighborhood. This home, which was built in 1880, sits on a 0.17 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 31, 2024 and is currently priced at $475,000.

In March 2024 more than 73 listings in Lexington, KY were sold above the asking price. During the same period more than 66 listings were sold at asking price, while 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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