NOT LISTED FOR SALE
-- Bed
-- Bath
13,300 Sq Ft
0.72 Acre Lot

Sale Details

Date Sold: January 29, 2015

Last sale price $702,500 $53 Per Sq Ft

96 Days on Market

Highlights

  • 0.72 Acre Lot
  • Hot Water Heating System
  • Coin Laundry
  • Cassidy Elementary School Rated A
  • Heating System Uses Steam

About This Home

As of January 2015

Built in 1948 this all brick apartment building has 12 one bedroom, one bath apartments, all rented, all cute as a button. Great investment property in go to neighborhood downtown Lexington. Room to live in 3 bedroom, 2 bath apartment in basement if you would like to manage it from onsite. Greatly reduced price for quick sale. Don't be caught waiting to decide.

Last Agent to Sell the Property

Bruce Skip Hanson

Milestone Realty Consultants Listed on: 08/15/2014

Last Buyer's Agent

Stephen Howard

Keller Williams Bluegrass Realty License #216756

Keller Williams Bluegrass Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 31,363 Sq Ft Lot

Home Design

  • 13,300 Sq Ft Home

Parking

  • 20 Parking Spaces
  • Paved Parking

Schools

  • Cassidy Elementary School
  • Morton Middle School
  • Henry Clay High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Heating System Uses Steam
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 10135050

Community Details

Overview

  • 12 Units
  • Chevy Chase Subdivision

Amenities

  • Coin Laundry

Building Details

  • Maintenance Expense $10,000
  • Gross Income $88,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0.72 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Apartment
  • Structure Type: Multi Family
  • Year Built: 1948
  • New Construction: No
  • Cooling:Window Unit(s): Yes
  • Lot: Lot Size Acres: 0.72
  • Lot: Lot Size Square Feet: 31363.23
  • Tax Legal: Elementary School: Cassidy
  • Tax Legal: Middle Or Junior School: Morton
  • Tax Legal: High School: Henry Clay
  • Other Sold Info: New Construction YN: No
  • Building: Accessibility Features YN: No
  • Lot: Lot Size Dimensions: 104 x ?
  • Income and Expenses: Maintenance Expense: 10000.0
  • Structure Type: Multi Family: Yes
  • AssociationCommunity: Number Of Units Total: 12.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • LivingArea: 13300.0
  • Lot Size Area: 0.72
  • Association Amenities: Coin Laundry: Yes

Exterior Features

  • List Price: 750000.0

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel
  • Total Parking Spaces: 20.0
  • Parking Information: Parking Total: 20.0
  • Parking Features: Gravel: Yes

Utilities

  • Heating: Hot Water, Natural Gas, Steam
  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Natural Gas Connected
  • Utilities: Cooling YN: Yes
  • Utilities: Heating YN: Yes
  • Utilities: Natural Gas Connected: Yes
  • Heating: Natural Gas: Yes
  • Heating: Hot Water: Yes
  • Heating: Steam: Yes

Condo/Co-op/Association

  • Association Amenities: Coin Laundry

Schools

  • Elementary School: Cassidy
  • High School: Henry Clay
  • Middle or Junior School: Morton

Lot Info

  • Lot Dimensions: 104 x ?
  • Lot Size Acres: 0.72
  • Lot Size Sq Ft: 31363.23
  • Parcel Number: 10135050
  • Zoning Description: R-3

Multi Family

  • Maintenance Expense: 10000.0
  • Number of Units Total: 12

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Outstanding Balance
$724,383
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 15, 2014
Closed on
Jan 30, 2015
Sold by
Bought by
Seller's Agent
Bruce Skip Hanson
Milestone Realty Consultants
Buyer's Agent
Stephen Howard
Keller Williams Bluegrass Realty
List Price
$702,500
Sold Price
$702,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$702,000
Interest Rate
6.06%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Chevy Chase, KY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,312,500 --
$702,500 --
$780,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $820,000
Previous Owner $450,000
Previous Owner $670,000
Previous Owner $702,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/29/2015 01/29/15 Sold $702,500 0.0% $53 / Sq Ft
11/19/2014 11/19/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $702,500 -- $53 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,230 $1,312,500 $0 $0
2024 $16,230 $1,312,500 $0 $0
2023 $16,230 $1,312,500 $0 $0
2022 $16,766 $1,312,500 $0 $0
2021 $8,974 $702,500 $0 $0
2020 $8,974 $702,500 $0 $0
2019 $8,974 $702,500 $0 $0
2018 $8,974 $702,500 $0 $0
2017 $8,552 $702,500 $0 $0
2015 $8,729 $702,500 $0 $0
2014 $8,729 $780,000 $0 $0
2012 $8,729 $780,000 $0 $0
Source: Public Records

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1416195

ImagineMLS (Bluegrass REALTORS®)
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