NOT LISTED FOR SALE

187 E Seventh St Unit 189 Lexington, KY 40508

North Limestone Neighborhood

Estimated Value: $156,000 - $267,000

4 Beds
2 Baths
1,152 Sq Ft
$171/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $84,000 $73 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,125/month

8 Days on Market

Highlights

  • Cooling Available
  • Frederick Douglass High School Rated A-
  • Heat Pump System

About This Home

As of September 2019

Investor Special! Great investment property with this fully6 rented duplex. Tenants need 48 hour notice to show. The property can only be shown Monday-Saturday 10-4. Both units have off street parking.

Last Agent to Sell the Property

James Turek

Bluegrass Sotheby's International Realty License #216197 Listed on: 08/07/2019

Bluegrass Sotheby's International Realty

Last Buyer's Agent

Joyce Nicholson

Rector Hayden Realtors License #187017

Rector Hayden Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 5 Parking Spaces

Home Design

  • 1,152 Sq Ft Home
  • Duplex
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • William Wells Brown Elementary School
  • Lexington Trad Middle School
  • Frederick Douglass High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 16126400

Community Details

Overview

  • 2 Units
  • Downtown Subdivision

Building Details

  • Gross Income $1,250

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex
  • Year Built: 1900
  • New Construction: No
  • Roof:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1152.0
  • Lot Size Area: 0.08

Exterior Features

  • Roof: Composition
  • List Price: 89000.0

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: William Wells Brown
  • High School: Frederick Douglass
  • Middle or Junior School: Lexington Trad

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3484.8
  • Parcel Number: 16126400
  • Zoning Description: R-2

Multi Family

  • Number of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2017
Sold by
Grubbs Gary and Funkhouser John A
Bought by
Solberg Franklin and Solberg Beverly J
Current Estimated Value
$196,966

Purchase Details

Closed on
Aug 22, 2008
Sold by
Solberg Franklin and Solberg Beverly J
Bought by
Solberg Franklin and Solberg Beverly J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Solberg Franklin $16,150 --
Solberg Franklin -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2019 09/27/19 Sold $84,000 0.0% $73 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $84,000 -- $73 / 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 $1,077 $87,100 $0 $0
2024 $1,077 $87,100 $0 $0
2023 $1,077 $87,100 $0 $0
2022 $858 $67,200 $0 $0
2021 $858 $67,200 $0 $0
2020 $858 $67,200 $0 $0
2019 $871 $68,200 $0 $0
2018 $413 $32,300 $0 $0
2017 $393 $32,300 $0 $0
2015 $361 $32,300 $0 $0
2014 $361 $32,300 $0 $0
2012 $361 $32,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Turek

    Seller's Agent in 2019

    James Turek

    Bluegrass Sotheby's International Realty

    (859) 221-2575

    4 in this area

    127 Total Sales

    James Turek
    Section Image
  • Joyce Nicholson

    Buyer's Agent in 2019

    Joyce Nicholson

    Rector Hayden Realtors

    (859) 229-0885

    4 in this area

    28 Total Sales

    Joyce Nicholson
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1918336

ImagineMLS (Bluegrass REALTORS®)

APN: 16126400

Kentucky Fayette County Lexington 40508 North Limestone

187 E Seventh St Unit 189, Lexington, KY

Not Listed for Sale

MultiFamily

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