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Backup Offers

540 Lanarkshire Pl, Lexington, KY, 40509

$425,000

Home List Price

$5,047*

Closing Credit

4 Bedrooms
3 Full Baths
House
Schools Nearby

Location

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540 Lanarkshire Pl, Lexington$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built2005
HeatingHeat Pump
CoolingHeat Pump
BasementYes
FireplaceFactory Built, Family Room, Gas Log, Gas Fireplace
MLS #24009127
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Contingent)

About 540 Lanarkshire Pl

Spacious Ranch on a basement in ever popular Chilesburg. This open floorplan features vaulted family room with fireplace. Spacious Kitchen with quartz countertops and a pantry closet. The primary bedroom offers a full bath with double sink vanity, jetted tub, and separate shower. The partially finished basement boasts a den area with gas stove type fireplace, a bedroom, and a full bath. The unfinished basement space offers a multitude of options from storage to space for a workshop or hobbies. The exterior offers a large deck as well as a spacious patio all on a well landscaped lot. Convenient location with easy access to the interstate, Hamburg, Jacobson Park, and downtown.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2005
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams Bluegrass Realty
  • Office Phone: (859) 260-1444

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Bedroom First Floor, Ceiling Fan(s), Primary First Floor, Walk-In Closet(s)
  • Fireplace: Factory Built, Family Room, Gas Log, Gas Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio, Storm Door(s)

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Henry Clay High School, Public Magnet Grades 9-12
  • Edythe Jones Hayes Middle School, Public District Grades 6-8
  • Madeline M Breckinridge Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Richmond Rd outbound from Man-O-War. Left onto Hays Blvd. Right onto Marcus Trail. Right onto Maxon Dr. Right onto Lanarkshire.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000

Tax Information:

  • Annual Amount: $2,404
  • 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

540 Lanarkshire Pl vs Lexington

11 DAYS ON ROCKET

-5 Days

$425,000

+$111.6K More

KEY TAKEAWAY

This property is $111.6K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24009127

Listing Office:

  • Office Name: Keller Williams Bluegrass Realty
  • Office Phone: (859) 260-1444

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: 5/20/2024, 3:20:36 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

Sep 26, 2017Home Sold
$227,500
Aug 25, 2014Home Sold
$227,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,404$227,500
2019$2,404$227,500
2018$2,426$227,500

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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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-4081208
6
/10

  • Madeline M Breckinridge Elementary School

  • 2101 Saint Mathilda Dr

  • 4.15 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4081209
8
/10

  • Edythe Jones Hayes Middle School

  • 260 Richardson Pl

  • 0.37 miles

  • Public District Grades 6-8

High School

school-card-donut-4081210
5
/10

  • Henry Clay High School

  • 2100 Fontaine Rd

  • 4.30 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 $103,141. The majority of Lexington, KY residents have income between $100k-200k annually. Typical family type is married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 540 Lanarkshire Pl

What is the listing price of this property?

The listing price of 540 Lanarkshire Pl property is $425,000.

What type of property is this?

The property 540 Lanarkshire Pl is a house located in Lexington, Kentucky, 40509.

Is this property for sale now?

Accepting Backup Offers: 540 Lanarkshire Pl 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 540 Lanarkshire Pl are:
Madeline M Breckinridge Elementary School: GreatSchools Rating 6/10
Edythe Jones Hayes Middle School: GreatSchools Rating 8/10
Henry Clay High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,404 (source: MLS/based on county public records data).

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

The last sale was on September 26, 2017 for $227,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 540 Lanarkshire Pl has 4 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 540 Lanarkshire Pl is 2005.

Rocket Homes›Kentucky›Fayette County›Lexington›40509›540 Lanarkshire Pl

This home is located at 540 Lanarkshire Pl in Lexington, KY and zip code 40509 in the District 7 neighborhood. This home, which was built in 2005, sits on a 0.14 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $425,000.

In April 2024, from all listings sold in Lexington, KY there were more than 95 sold above asking price, over 106 sold below and more than 97 were sold right at the asked price. The number of homes for sale in Lexington, KY increased by 11.5% between March 2024 and April 2024. Listings spent 16 days on the market in April 2024, and had a median list price of $313,312 during the same period.

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

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