NOT LISTED FOR SALE

1608 Lexington Ave Ashland, KY 41101

Central Avenue-29th Street Neighborhood

Estimated Value: $135,000 - $325,000

3 Beds
3 Baths
2,886 Sq Ft
$72/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $142,500 $49 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,156/month

Highlights

  • Central Air
  • Wood Siding
  • 3-minute walk to Central Park

About This Home

As of May 2022

THIS DUPLEX IS LOCATED ON BEAUTIFUL LEXINGTON AVE, ADJACENT FROM CENTRAL PARK, AND A FEW BLOCKS AWAY FROM KDMC AND DOWNTOWN ASHLAND. NICE OPPORTUNITY TO INVEST IN DOWNTOWN. THIS DUPLEX OFFERS A TOTAL OF 5 BEDROOMS, 2 BATHS, 2 KITCHENS AND OFF STREET PARKING IN THE TWO CAR GARAGE. THERE IS THE POSSIBILITY OF MAKING A THIRD STUDIO TYPE APARTMENT OVER THE GARAGE. HOME COULD BE CONVERTED INTO A SINGLE FAMILY HOME. CALL FOR YOUR PRIVATE SHOWING. One side is being AirBNB $2500 approximately per month.

Last Agent to Sell the Property

Johnda McGuire

Realty Exchange License #206169 Listed on: 04/17/2022

Realty Exchange

Last Buyer's Agent

Jennifer Worthington

ADVANTAGE PLUS REALTY License #267282

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $876

Lot Details

  • 4,792

Home Design

  • Duplex
  • Wood Siding
  • Composition Shingle

Additional Features

  • 2-Story Property
  • Lot Dimensions are 50x125
  • Central Air
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$876

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 1608 Lexington Avenue
  • Second Address Number: 1608
  • Directions: 13TH TO LEXINGTON AVE, HOME IS ON THE RIGHT
  • Geo Address Line: 1608 Lexington Ave
  • Geo Longitude: -82.642954
  • Geo Primary City: Ashland
  • Geo Quality: 0.95
  • Geo Subdivision: KY
  • Geo Zoom Level: 16
  • Selling Agent1: 1264
  • Selling Office1: 125
  • OFFICELIST_STATE: KY
  • Street Designation: Avenue
  • Home Age: 61-100 Years
  • Building Stories: 2 Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Yes
  • Basement Type: Duplex

Exterior Features

  • Exterior: Wood
  • Roof: Composition Shingles

Utilities

  • Cooling: Central
  • Water Sewer Description: Public Sewer, Public Water

Fee Information

  • Tax Class: MULTI-FAMILY
  • Rent Income: $2500

Lot Info

  • Lot Size: 50X125

Tax Info

  • Tax Page Number: 743

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
I-Properties Llc
Bought by
Mckenzie Billy J
Current Estimated Value
$207,016

Purchase Details

Closed on
Apr 24, 2023
Sold by
Dye Cody
Bought by
Wj Properties Inc

Purchase Details

Listed on
Apr 17, 2022
Closed on
May 6, 2022
Sold by
Platinum Properties Llc
Bought by
Salem Galena
Seller's Agent
Johnda McGuire
Realty Exchange
Buyer's Agent
Jennifer Worthington
ADVANTAGE PLUS REALTY
Sold Price
$142,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%

Purchase Details

Closed on
Mar 15, 2012
Sold by
Wheeler Michael A and Wheeler Kelley
Bought by
Platinum Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,900
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Mckenzie Billy J -- None Listed On Document
Wj Properties Inc $35,000 None Listed On Document
Salem Galena $142,500 Edwards Klein Anderson & Shope
Platinum Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Platinum Properties Llc $144,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2022 05/06/22 Sold $142,500 0.0% $49 / Sq Ft
05/06/2022 05/06/22 Sold $142,500 -4.9% $49 / Sq Ft View Prior Sale
04/17/2022 04/17/22 Pending -- -- --
04/17/2022 04/17/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $149,900 0.0% $52 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
09/27/2021 09/27/21 For Sale $149,900 -- $52 / Sq Ft
Source: Ashland Area Board of 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
2024 $876 $142,000 $20,000 $122,000
2023 $887 $142,000 $20,000 $122,000
2022 $1,353 $210,000 $30,000 $180,000
2021 $1,362 $210,000 $30,000 $180,000
2020 $1,390 $210,000 $30,000 $180,000
2019 $1,393 $210,000 $0 $0
2018 $1,409 $210,000 $0 $0
2017 $1,312 $210,000 $0 $0
2016 $1,263 $210,000 $30,000 $180,000
2015 $1,263 $210,000 $30,000 $180,000
2012 -- $210,000 $30,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • Johnda McGuire

    Seller's Agent in 2022

    Johnda McGuire

    Realty Exchange

    (606) 615-1927

    6 in this area

    165 Total Sales

    Johnda McGuire
    Section Image

  • J

    Buyer's Agent in 2022

    Jennifer Worthington

    ADVANTAGE PLUS REALTY

    (606) 923-3882

    4 in this area

    63 Total Sales

    Jennifer Worthington
    Section Image

  • M

    Buyer's Agent in 2022

    MEMBER NON

    XYZ

See All Agents

Map

Source: Ashland Area Board of REALTORS®

MLS Number: 52206

APN: 030-14-18-003.00

Kentucky Boyd County Ashland 41101 Central Avenue-29th Street

1608 Lexington Ave, Ashland, KY

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