NOT LISTED FOR SALE

200 W Second St Unit 101 Lexington, KY 40507

Gratz Park Neighborhood

Estimated Value: $334,000 - $373,000

2 Beds
2 Baths
958 Sq Ft
$300/mo HOA Fee

Last Sold January 19, 2022

Last sale price $274,000 $286 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,427/month

257 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Brick Veneer
  • Lafayette High School Rated A
  • Tennis Courts
  • 1-minute walk to Gratz Park

About This Home

As of January 2022

What sets The Lofts @ Gratz Park apart? Unlike many condo communities with hundreds of units feeling like an apartment complex, TLAGP has 8 condo/lofts. Unlike many locations on busier streets, TLAGP are in the premier historic downtown district of Gratz Park. Featuring the former 1st fl model unit in the building, Suite 101 has 2 bdrms/2 baths, an open feel w/ three quartered angled walls. Hardwoods, tile, exposed brick and 10' ceilings/joists/ductwork, give the loft an industrial/modern feel. The owner removed a wall between the living area and a bedroom, and replaced it with an automated glass, stainless, garage door adding functionality to the space. Ventless fireplace, stainless appliances, closed circuit video entry system, keyless access to doors are added features. Walk just a few steps to gorgeous Gratz Park. Dine @ premier Latin, French, Cajun cuisines, and several steakhouses. Or a brisk walk to boutiques, The Opera House, and historic Rupp Arena. Seller offering $4260 credit to buyer w. acceptable offer (1 yr of HOA and parking).
Owner/Agent

Last Agent to Sell the Property

Todd Tyler

Kentucky Real Estate Group License #206130 Listed on: 09/03/2021

Last Buyer's Agent

K Meredith Lane

Bluegrass Sotheby's International Realty License #214344

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,388

Year Built

  • Built in 1939

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Veneer
  • Stone Foundation
  • Dimensional Roof
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Factory Built Fireplace
  • Blinds
  • Window Screens
  • Living Room with Fireplace
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom

Schools

  • Harrison Elementary School
  • Lexington Trad Middle School
  • Lafayette High School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for management
  • Assessor Parcel Number 38131150

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Park
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,388

Year Built

Built in 1939

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Condominium
  • Architectural Style: Contemporary
  • Year Built: 1939
  • Entry Level: 1
  • Levels: One
  • New Construction: No
  • Roof:Dimensional Style: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style:Contemporary: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Primary Downstairs, Walk-In Closet(s)
  • Flooring: Hardwood, Tile
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Concrete, Full, Unfinished
  • Basement: Yes
  • Total Bedrooms: 2
  • Fireplace Features: Factory Built, Living Room
  • Fireplace: Yes
  • Other Equipment: Intercom
  • Owner Pays: Management
  • Window Features: Blinds, Screens
  • Basement:Concrete: Yes
  • Full Basement: Yes
  • Fireplace Features:Factory Built: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Roof: Dimensional Style, Shingle
  • Construction Materials: Brick Veneer
  • Foundation Details: Stone
  • List Price: 285000.0
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Screens: Yes

Garage/Parking

  • Carport: No
  • Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Main Level, Washer Hookup
  • Security Features: Security System Owned
  • Utilities: Electricity Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Park, Tennis Court(s)

Fee Information

  • Association Fee Includes: Insurance, Snow Removal

Schools

  • Elementary School: Harrison
  • High School: Lafayette
  • Middle or Junior School: Lexington Trad

Lot Info

  • Parcel Number: 38131150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Jan 19, 2022
Sold by
Tyler Todd
Bought by
Cutter Sean M
Seller's Agent
Todd Tyler
Kentucky Real Estate Group
Buyer's Agent
K Meredith Lane
Bluegrass Sotheby's International Realty
Sold Price
$274,000
Current Estimated Value
$349,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,103
Avg. Annual Appreciation
6.65%
Original Mortgage
$219,200
Outstanding Balance
$202,020
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$147,083
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Cutter Sean M $274,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cutter Sean M $219,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2022 01/19/22 Sold $274,000 0.0% $286 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
09/03/2021 09/03/21 For Sale -- -- --
09/02/2021 09/02/21 Off Market $274,000 -- --
03/02/2021 03/02/21 For Sale $285,000 0.0% $297 / Sq Ft
12/02/2020 12/02/20 Rented $1,350 0.0% --
11/17/2020 11/17/20 For Rent $1,350 -- --
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
2024 $3,388 $274,000 $0 $0
2023 $3,388 $274,000 $0 $0
2022 $3,500 $274,000 $0 $0
2021 $2,841 $222,400 $0 $0
2020 $2,841 $222,400 $0 $0
2019 $2,841 $222,400 $0 $0
2018 $2,841 $222,400 $0 $0
2017 $2,714 $206,000 $0 $0
2015 $2,305 $206,000 $0 $0
2014 $2,305 $206,000 $0 $0
2012 $2,305 $206,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Tyler

    Seller's Agent in 2022

    Todd Tyler

    Kentucky Real Estate Group

    (859) 619-7464

    1 in this area

    51 Total Sales

    Todd Tyler
    Section Image

  • K

    Buyer's Agent in 2022

    K Meredith Lane

    Bluegrass Sotheby's International Realty

  • Ken Donworth

    Seller's Agent in 2020

    Ken Donworth

    Bluegrass Sotheby's International Realty

    (859) 983-9933

    89 Total Sales

    Ken Donworth
    Section Image

  • N

    Buyer Co-Listing Agent in 2020

    Null Non-Member

    Non-Member Office

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20103500

ImagineMLS (Bluegrass REALTORS®)

APN: 38131150

Kentucky Fayette County Lexington 40507 Gratz Park

200 W Second St Unit 101, Lexington, KY

This home is located at 200 W Second St Unit 101, Lexington, KY 40507 since 03 September 2021 and is currently estimated at $349,103, approximately $364 per square foot. This property was built in 1939. 200 W Second St Unit 101 is a home located in Fayette County with nearby schools including Harrison Elementary School, Lexington Traditional Magnet School, and Lafayette High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.

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