NOT LISTED FOR SALE

224 Norway St Unit 226 Lexington, KY 40503

Picadome Neighborhood

Estimated Value: $248,814 - $419,000

4 Beds
2 Baths
1,850 Sq Ft
$184/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $154,900 $84 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,956/month

8 Days on Market

About This Home

As of May 2017

**Owner has accepted offer contingent on seeing the property. We also have a back-up offer that has been verbally accepted contingent on seeing the property.** Agent will be doing a Realtor open house on Monday (4/10) from 2-4pm. Home is not available to view before that time. These units have had the same owner for 18 years. New roof in 2008, AC at 224 4-5 years ago, new covered front porches, hardwood floors, and lots of character through-out! Both units have 2 bedrooms and 1 bath with same layout. 224 rents for $680 and has massive attic storage (approx 600 sqft floored) and great potential for expansion. Great separate rear fenced yards. 226 has long-term tenant. Currently rented for $625 and has same 925 sqft floor plan with 2 bedrooms and 1 bath. Covered front porch, fenced yard, and storage building. 226 also has massive storage attic but not quite as big as 224. Rent on 226 is really low. Lease ends August 2017. Currently only showing unit 224.

Last Agent to Sell the Property

Chuck Hendricks

Hendricks Real Estate Team License #191076 Listed on: 04/03/2017

Last Buyer's Agent

Brenda Stewart

Lifstyl Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,902

Year Built

  • Built in 1951

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • 1,850 Sq Ft Home
  • Duplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Paved Parking
  • On-Site Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 20282000

Community Details

Overview

  • 2 Units
  • Lafayette Subdivision

Building Details

  • Gross Income $15,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,902

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex
  • Year Built: 1951
  • New Construction: No
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1850.0
  • Lot Size Area: 0.2

Exterior Features

  • Roof: Shingle
  • List Price: 154900.0

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, Paved

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Electric, None
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes

Schools

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

Lot Info

  • Lot Dimensions: 140 x ?
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.01
  • Parcel Number: 20282000
  • Zoning Description: residential

Multi Family

  • Gross Income: 15660.0
  • Number of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2017
Sold by
Whitaker and B
Bought by
Whitaker Greg and Whitaker B
Current Estimated Value
$340,954
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
Whitaker Greg $154,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2017 05/12/17 Sold $154,900 0.0% $84 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $154,900 -- $84 / 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 $1,902 $154,900 $0 $0
2024 $1,902 $154,900 $0 $0
2023 $1,902 $154,900 $0 $0
2022 $1,964 $154,900 $0 $0
2021 $1,964 $154,900 $0 $0
2020 $1,964 $154,900 $0 $0
2019 $1,964 $154,900 $0 $0
2018 $1,964 $154,900 $0 $0
2017 $1,339 $110,900 $0 $0
2015 $1,165 $105,000 $0 $0
2014 $1,165 $105,000 $0 $0
2012 $1,165 $105,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Chuck Hendricks

    Hendricks Real Estate Team

    (859) 421-6200

    69 Total Sales

    Chuck Hendricks
    Section Image

  • B

    Buyer's Agent in 2017

    Brenda Stewart

    Lifstyl Real Estate

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1706983

ImagineMLS (Bluegrass REALTORS®)

APN: 20282000

Kentucky Fayette County Lexington 40503 Picadome

224 Norway St Unit 226, Lexington, KY

Not Listed for Sale

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