K
Seller's Agent in 2025
Kaleb Brannock
The Brokerage
(859) 948-4327
1 in this area
5 Total Sales
202 Norway St Lexington, KY 40503
Picadome Neighborhood
4
Beds
2
Baths
1,582
Sq Ft
9,744
Sq Ft Lot
Highlights
- Cooling Available
- Heating System Uses Natural Gas
- 1-Story Property
- Morton Middle School Rated A
About This Home
As of May 2025Charming Duplex in the Heart of Lexington - 202 Norway St.
Excellent investment opportunity! This well-maintained duplex in the heart of Lexington offers two spacious units, each featuring 2 bedrooms and 1 bath, perfect for generating rental income or owner-occupancy. Located in a prime location near downtown, parks, shopping, and the University of Kentucky, this property boasts strong rental potential and convenience.
Both units offer modern updates, hardwood floors, and plenty of natural light. A large backyard with a closed in porch and off-street parking make this a rare find. Whether you're a savvy investor or looking for a home with rental income, 202 Norway St. is a must-see!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,943
Year Built
- Built in 1951
Lot Details
- 9,744 Sq Ft Lot
Parking
- 5 Parking Spaces
Home Design
- Duplex
Interior Spaces
- 1,582 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- Picadome Elementary School
- Morton Middle School
- Lafayette High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 20062050
Community Details
Overview
- 2 Units
- Lafayette Subdivision
Building Details
- 1 Vacant Unit
- Vacancy Allowance $50
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2025
Closed on
May 30, 2025
Sold by
Milam Homes Llc
Bought by
Shaffer Gary L
Seller's Agent
Kaleb Brannock
The Brokerage
Buyer's Agent
Preeti Gupta
Lifstyl Real Estate
List Price
$399,000
Sold Price
$398,000
Premium/Discount to List
-$1,000
-0.25%
Views
104
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,941
Avg. Annual Appreciation
-3.41%
Original Mortgage
$100,000
Outstanding Balance
$99,744
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$293,315
Purchase Details
Closed on
Jun 7, 2024
Sold by
Schuetz Christopher D and Schuetz Sarah
Bought by
Milam Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.22%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $398,000 | Bluegrass Land Title | |
| Deed | $398,000 | Bluegrass Land Title | |
| Deed | $380,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Closed | $100,000 | New Conventional | |
| Previous Owner | $380,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $398,000 | -0.3% | $252 / Sq Ft |
| 05/11/2025 05/11/25 | Pending | -- | -- | -- |
| 03/19/2025 03/19/25 | For Sale | $399,000 | -- | $252 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
Tax History Compared to Growth
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 | $1,943 | $158,300 | $0 | $0 |
| 2023 | $1,943 | $158,300 | $0 | $0 |
| 2022 | $2,007 | $158,300 | $0 | $0 |
| 2021 | $2,007 | $158,300 | $0 | $0 |
| 2020 | $1,648 | $130,000 | $0 | $0 |
| 2019 | $1,648 | $130,000 | $0 | $0 |
| 2018 | $1,648 | $130,000 | $0 | $0 |
| 2017 | $1,570 | $130,000 | $0 | $0 |
| 2015 | $1,387 | $125,000 | $0 | $0 |
| 2014 | $1,387 | $125,000 | $0 | $0 |
| 2012 | $1,387 | $125,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kaleb Brannock
-
Preeti Gupta
Buyer's Agent in 2025
Preeti Gupta
Lifstyl Real Estate
(859) 278-7501
1 in this area
48 Total Sales
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25005254
APN: 20062050
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.
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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