Seller's Agent in 2021
Zach Davis
Kirkpatrick & Company
(859) 576-8195
1 in this area
76 Total Sales
316 W Second St Lexington, KY 40507
Gratz Park NeighborhoodEstimated Value: $1,278,000 - $1,496,000
4
Beds
4
Baths
4,389
Sq Ft
$311/Sq Ft
Est. Value
Highlights
- Fireplace in Primary Bedroom
- Wood Flooring
- Home Office
- Lafayette High School Rated A
- Main Floor Primary Bedroom
- 4-minute walk to Gratz Park
About This Home
As of August 2021Pettit Place, at 316 West Second Street, is a classic yet modern urban residence wholly unique in the market. Opposite historic Gratz Park, steps away from Lexington's CBD and only minutes driving from Keeneland, Fasig-Tipton and the KY Horse Park, this offering is a downtown gem. Designed by acclaimed Lexington architect Van Meter Pettit for his father and constructed in 2004 by Greg Martelli using select and creatively-sourced materials. The distinctive veranda-graced facade features antique brick, mahogany, and cedar. The airy floorplan (@4389sft) is enhanced by dramatic tall ceilings, abundant natural light, and a synergy of outdoor spaces and thoughtful privacy. Features include 4BR/4BA, luxurious kitchen and baths, elevator, first-floor primary bedroom, laundry room, porches for relaxation & entertaining, a spacious landscaped courtyard with fountain & a secured two-car garage. Zoned B2B. We are pleased to provide a detailed prospectus and to arrange a guided tour upon request.
Last Agent to Sell the Property
Kirkpatrick & Company License #207039 Listed on: 04/10/2021
Last Buyer's Agent
Karen Deprey
The Brokerage
Home Details
Home Type
- Single Family
Year Built
- Built in 2004
Lot Details
- 5,227 Sq Ft Lot
- Privacy Fence
- Many Trees
Parking
- 2 Car Attached Garage
- Rear-Facing Garage
- Side Facing Garage
- Garage Door Opener
Home Design
- Block Foundation
- Metal Roof
- Masonry
Interior Spaces
- 4,389 Sq Ft Home
- 2-Story Property
- Elevator
- Wet Bar
- Fireplace With Gas Starter
- Fireplace Features Masonry
- Entrance Foyer
- Living Room with Fireplace
- Dining Room
- Home Office
- Utility Room
Kitchen
- Eat-In Kitchen
- Oven or Range
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Walk-In Closet
- 4 Full Bathrooms
- Soaking Tub
Laundry
- Dryer
- Washer
Schools
- Harrison Elementary School
- Lexington Trad Middle School
- Lafayette High School
Utilities
- Cooling Available
- Forced Air Zoned Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Tankless Water Heater
Additional Features
- Accessibility Features
- Patio
Listing and Financial Details
- Assessor Parcel Number 13574800
Community Details
Overview
- Downtown Subdivision
Recreation
- Park
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
Listed on
Apr 10, 2021
Closed on
Sep 10, 2021
Sold by
Bought by
Seller's Agent
Zach Davis
Kirkpatrick & Company
Buyer's Agent
Karen Deprey
The Brokerage
List Price
$1,250,000
Sold Price
$1,060,000
Premium/Discount to List
-$190,000
-15.2%
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
$303,115
Avg. Annual Appreciation
5.38%
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
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 |
|---|---|---|---|
| $1,060,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | $125,000 | ||
| Previous Owner | $235,200 | ||
| Previous Owner | $417,000 | ||
| Previous Owner | $187,000 |
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 |
|---|---|---|---|---|
| 08/12/2021 08/12/21 | Sold | $1,060,000 | -15.2% | $242 / Sq Ft |
| 07/16/2021 07/16/21 | Pending | -- | -- | -- |
| 04/10/2021 04/10/21 | For Sale | $1,250,000 | -- | $285 / 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 | $12,989 | $1,099,500 | $0 | $0 |
| 2024 | $13,023 | $1,099,500 | $0 | $0 |
| 2023 | $12,534 | $1,060,000 | $0 | $0 |
| 2022 | $13,540 | $1,060,000 | $0 | $0 |
| 2021 | $10,219 | $800,000 | $0 | $0 |
| 2020 | $10,219 | $800,000 | $0 | $0 |
| 2019 | $10,219 | $800,000 | $0 | $0 |
| 2018 | $10,219 | $800,000 | $0 | $0 |
| 2017 | $10,539 | $800,000 | $0 | $0 |
| 2015 | $8,572 | $800,000 | $0 | $0 |
| 2014 | $8,572 | $764,000 | $0 | $0 |
| 2012 | $8,572 | $800,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Zach Davis
-
K
Buyer's Agent in 2021
Karen Deprey
The Brokerage
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 20106396
APN: 13574800
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 2026 LBAR Multiple Listing Service. All Rights Reserved.
Nearby Homes
- 340 New St
- 350 New St
- 200 W Second St Unit 300
- 322 W 3rd St
- 514 W Short St Unit 101
- 514 W Short St Unit 103
- 505 W Main St Unit 501
- 345 W Vine St Unit 2202
- 345 W Vine St Unit 1806
- 541 W Short St Unit 3
- 541 W Short St Unit 11
- 472 W Second St
- 120 E Third St
- 106 W Vine St Unit 607
- 106 W Vine St Unit 603
- 106 W Vine St Unit 605
- 106 W Vine St Unit 409
- 106 W Vine St Unit 609
- 106 W Vine St Unit 403
- 317 S Mill St
- 182 N Broadway
- 190 N Broadway
- 176 N Broadway
- 201 N Mill St
- 173 N Mill St Unit 305
- 173 N Mill St Unit 501
- 173 N Mill St Unit 305
- 173 N Mill St Unit 801
- 331 W Second St
- 331 W 2nd St
- 256 W 2nd St
- 238 W Second St
- 238 W 2nd St Unit 4
- 184 N Mill St
- 176 N Mill St Unit 178
- 215 N Mill St
- 160 N Broadway
- 226 W Second St
- 216 N Broadway
- 1 N Broadway
Your Personal Tour Guide
Ask me questions while you tour the home.