NOT LISTED FOR SALE

262 Market St Lexington, KY 40507

Gratz Park Neighborhood

Estimated Value: $709,000 - $882,352

3 Beds
2.5 Baths
2,890 Sq Ft
$282/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $725,000 $251 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,021/month

5 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Storm Windows
  • Lafayette High School Rated A
  • Double Oven
  • 1-minute walk to Gratz Park

About This Home

As of January 2022

The Tibbatts Soap and Candle Factory originally occupied the site which John Anderson, a local grocer, chose to build his 262 Market Street home in 1834. This home became the first residence of what we now call Gratz Park. This 2-story Greek Revival style home has a Flemish bond brick pattern with an elegant limestone front entry coupled with an oversized foyer with floor to ceiling doors & gorgeous wide width hardwood flooring. Once inside, note the charming built-ins and period fireplaces situated in spacious rooms perfect for entertaining. More favorite features include the copper hood in the kitchen and a cozy lower level office perfect for working from home. Ascending to the second level, you will find the primary bedroom with walk-in closet and en suite bath, 2 large bedrooms & a quaint sitting room for all. Be sure to experience the exterior masonry side patio which stretches the length of the home and leads to private parking out back. Own one of Lexington's most coveted historical residences-priceless!

Last Agent to Sell the Property

Whitney Durham

Bluegrass Sotheby's International Realty License #200024 Listed on: 12/06/2021

Bluegrass Sotheby's International Realty

Last Buyer's Agent

James Turek

Bluegrass Sotheby's International Realty License #216197

Bluegrass Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,965

Year Built

  • Built in 1834

Lot Details

  • 6,085 Sq Ft Lot
  • Wood Fence
  • Wire Fence

Home Design

  • Stone Foundation
  • Dimensional Roof
  • Shingle Roof
  • Wood Siding
  • Masonry

Interior Spaces

  • 2,890 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room with Fireplace

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Attic

  • Attic Floors
  • Walk-In Attic
  • Permanent Attic Stairs

Partially Finished Basement

  • Partial Basement
  • Interior Basement Entry

Home Security

  • Security System Owned
  • Storm Windows

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12300025

Community Details

Overview

  • Gratz Park Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,965

Year Built

Built in 1834

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Year Built: 1834
  • Above Grade Finished Sq Ft: 2890.0
  • Levels: Two
  • New Construction: No
  • Structure Type:House: Yes
  • Roof:Dimensional Style: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Wood2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Cooling:Zoned: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, Walk-In Closet(s)
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Interior Entry, Partial, Partially Finished, Unfinished
  • Basement: Yes
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room, Gas Starter, Living Room, Masonry, Primary Bedroom
  • Fireplace: Yes
  • LivingArea: 2890.0
  • Lot Size Area: 0.14
  • Window Features: Blinds, Storm Window(s)
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Partial: Yes
  • Basement:Partially Finished: Yes
  • Fireplace Features:Primary Bedroom: Yes
  • Basement:Interior Entry: Yes

Exterior Features

  • Roof: Dimensional Style, Shingle
  • Construction Materials: Wood Siding, Solid Masonry
  • Fencing: Wood
  • Foundation Details: Stone
  • List Price: 599900.0
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Waterfront: No
  • Window Features:Blinds: Yes
  • Construction Materials:Solid Masonry: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Driveway, Off Street
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Electric, Zoned
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security Features: Security System Owned
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Park

Schools

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

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6085.0
  • Parcel Number: 12300025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Jan 10, 2022
Sold by
O'Hagan Caroline Garden Exc and Garden Ann H Est
Bought by
Anderson House On Gratz Park Llc
Seller's Agent
Whitney Durham
Bluegrass Sotheby's International Realty
Buyer's Agent
James Turek
Bluegrass Sotheby's International Realty
List Price
$599,900
Sold Price
$725,000
Premium/Discount to List
$125,100
20.85%
Current Estimated Value
$815,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,088
Avg. Annual Appreciation
3.13%

Purchase Details

Closed on
Aug 21, 2012
Sold by
Garden Ann H and Garden John W
Bought by
Garden Ann H and Garden John W
Source: Public Records

Range of Values:

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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
Anderson House On Gratz Park Llc $725,000 --
Garden Ann H $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garden Ann H $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2022 01/07/22 Sold $725,000 +20.9% $251 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $599,900 -- $208 / 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
2024 $8,965 $725,000 $0 $0
2023 $8,965 $725,000 $0 $0
2022 $9,261 $725,000 $0 $0
2021 $4,784 $415,000 $0 $0
2020 $4,799 $415,000 $0 $0
2019 $4,799 $415,000 $0 $0
2018 $4,821 $415,000 $0 $0
2017 $4,594 $415,000 $0 $0
2015 $2,977 $357,300 $0 $0
2014 $2,977 $321,300 $0 $0
2012 $2,977 $300,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Whitney Durham

    Seller's Agent in 2022

    Whitney Durham

    Bluegrass Sotheby's International Realty

    (859) 983-9500

    1 in this area

    235 Total Sales

    Whitney Durham
    Section Image
  • James Turek

    Buyer's Agent in 2022

    James Turek

    Bluegrass Sotheby's International Realty

    (859) 221-2575

    1 in this area

    125 Total Sales

    James Turek
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20125817

ImagineMLS (Bluegrass REALTORS®)

APN: 12300025

Kentucky Fayette County Lexington 40507 Gratz Park

262 Market St, Lexington, KY

This home is located at 262 Market St, Lexington, KY 40507 since 06 December 2021 and is currently estimated at $815,088, approximately $282 per square foot. This property was built in 1834. 262 Market St 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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