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Backup Offers

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
StatusAccepting Backup Offers
(Contingent)

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

$313.3K

Med. Price/SqFt

$150

Avg. Days On Market

16

# of Sold Homes

298

500 N Broadway vs Lexington

41 DAYS ON ROCKET

+25 Days

$649,000

+$335.6K More

$139/SqFt

-$11 Less

KEY TAKEAWAY

This property is $335.6K more than the Median Sold Price and $11/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: 5/18/2024, 8:20:36 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

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-3128974
1
/10

  • Harrison Elementary School

  • 161 Bruce St

  • 0.55 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3128975
2
/10

  • Lexington Trad Magnet School

  • 350 N Limestone

  • 0.34 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3128976
8
/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. The majority of Lexington, KY residents have income less than $35k annually. 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

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.

In April 2024 more than 95 listings in Lexington, KY were sold above the asking price. During the same period more than 97 listings were sold at asking price, while more than 106 were sold below. Between March 2024 and April 2024, Lexington, KY real estate market has seen increase in the number of listings by 11.5%. 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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