$165,000
SOLD FEB 20, 2025

145 Virginia Ave Unit 109 Lexington, KY 40508

1 Bed
1 Bath
559 Sq Ft
$240/mo HOA Fee

Recently Sold

$295 Per Sq Ft

8% Below List Price

61 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Brick Veneer
  • Cooling Available
  • Morton Middle School Rated A
  • Walk-In Closet
  • 5-minute walk to Lou Johnson Park

About This Home

As of February 2025

Attention Investors!

Upscale, well-maintained condominium across the street from the University of Kentucky Medical Center. This one-bedroom/one bath unit is located within easy walking distance of shopping, restaurants and coffee houses. Unit was totally remodeled in 2008. Appliances include range, refrigerator, microwave, dishwasher, disposal and a stacked washer and dryer. Photographs are representative of a vacant apartment. This unit has carpeting and tile floors. Unit has one unassigned parking space and pets are acceptable.

The current tenant pays a rental amount of $1,100/month. Current tenant management is provided by Modern Property Management, Lexington, KY. Tenant must receive notification 48 hours in advance of showing.

Last Agent to Sell the Property

Jean Caslin

ALH Associates License #268028 Listed on: 11/16/2024

Last Buyer's Agent

Jenny Perron

EXP Realty, LLC License #218043

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1967

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Veneer
  • Slab Foundation
  • Dimensional Roof

Interior Spaces

  • 559 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room
  • Property Views

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Picadome Elementary School
  • Morton Middle School
  • Lafayette High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for management
  • Assessor Parcel Number 38224730

Community Details

Overview

  • Association fees include insurance, sewer, snow removal, trash, water
  • Downtown Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Recreation

  • Snow Removal

Property Details

Home Type

Condominium

Year Built

Built in 1967

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Condominium
  • Year Built: 1967
  • Above Grade Finished Sq Ft: 559.0
  • Entry Level: 1
  • Levels: One
  • New Construction: No
  • Roof:Dimensional Style: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Foundation Details:Slab: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 1
  • Fireplace: No
  • LivingArea: 559.0
  • Owner Pays: Management
  • Window Features: Blinds
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Appliances:Gas Range: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Brick Veneer
  • Foundation Details: Slab
  • Home Warranty: No
  • List Price: 170000.0
  • View: Other
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes

Garage/Parking

  • Carport: No
  • Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 240.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Sewer, Snow Removal, Trash, Water

Schools

  • Elementary School: Picadome
  • High School: Lafayette
  • Middle or Junior School: Morton

Lot Info

  • Parcel Number: 38224730

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2024
Closed on
Feb 20, 2025
Sold by
Mccall David and Mccall Diane C
Bought by
Jones Oasis Investments Llc
Seller's Agent
Jean Caslin
ALH Associates
Buyer's Agent
Jenny Perron
EXP Realty, LLC
List Price
$179,000
Sold Price
$165,000
Premium/Discount to List
-$14,000
-7.82%
Views
70
Current Estimated Value
$171,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,600
Avg. Annual Appreciation
5.09%
Original Mortgage
$264,000
Outstanding Balance
$256,694
Interest Rate
6.14%
Mortgage Type
New Conventional
Estimated Equity
-$85,094

Purchase Details

Closed on
Dec 15, 2022
Sold by
Winston Barry A and Winston Annette E
Bought by
Mccall David and Mccall Diane C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $330,000 Bluegrass Land Title
Deed $330,000 Bluegrass Land Title
Deed $260,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $264,000 New Conventional
Closed $264,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2025 02/20/25 Sold $165,000 -2.9% $295 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
11/25/2024 11/25/24 Price Changed $170,000 -5.0% $304 / Sq Ft
11/16/2024 11/16/24 For Sale $179,000 -- $320 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,040 $165,000 $0 $0
2024 $1,608 $130,000 $0 $0
2023 $1,608 $130,000 $0 $0
2022 $1,686 $132,000 $0 $0
2021 $1,686 $132,000 $0 $0
2020 $1,686 $132,000 $0 $0
2019 $1,686 $132,000 $0 $0
2018 $1,686 $132,000 $0 $0
2017 $1,510 $124,000 $0 $0
2015 $1,388 $124,000 $0 $0
2014 $1,388 $124,000 $0 $0
2012 $1,388 $124,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24024161

ImagineMLS (Bluegrass REALTORS®)

APN: 38224730