NOT LISTED FOR SALE

388 S Broadway Lexington, KY 40508

Historic South Hill Neighborhood

Estimated Value: $699,006

4 Beds
4 Baths
3,486 Sq Ft
$201/Sq Ft Est. Value

Last Sold October 02, 2024

Last sale price $659,010 $189 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,068/month

36 Days on Market

Highlights

  • 0.13 Acre Lot
  • Wood Flooring
  • Brick Veneer
  • Lafayette High School Rated A
  • Main Floor Primary Bedroom
  • Cooling Available

About This Home

As of October 2024

ONLINE ONLY AUCTION!!! This property is to be sold at ONLINE ONLY auction beginning on Wed., July 31, 2024 at 12 Noon with bids ENDING on Sunday, August 4, 2024 beginning at 6:00 PM with a soft close. Pre-auction offers are invited under the same auction terms and conditions. Terms & Conditions are as follows: As Is/Non-Contingent/10% earnest money deposit/60 day settlement/10% buyer's premium added to all bids/offers. Kristin Halfhill-Larimore, Principal Auctioneer, 859-333-1855 or Jim Halfhill, Principal Auctioneer, 859-338-5764. Stunning recent renovation on this Historic 1880's Gibney/Johns House in the heart of downtown Lexington! Built & designed by renowned architect John McMurtry, so many uses for this truly one-of-a-kind property. Grand entry to the spiral staircase. Just a few of the many renovations; Poplar flooring milled & installed in main hall, upstairs hall, dining rm, kitchen, kitchen bath & back porch area. 2 gas heating units added '18, 2 outside roof units '19, kitchen '20/21, roof '17, separate suite on 1st floor w/kitchenette '20, all baths renovated. Zoned B-1.

Last Agent to Sell the Property

Lynne Sneed

Lynne Sneed Real Estate License #246464 Listed on: 06/28/2024

Last Buyer's Agent

Kristin Halfhill-Larimore

Rector Hayden Realtors License #220180

Rector Hayden Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,340

Year Built

  • Built in 1880

Lot Details

  • 5,786

Parking

  • Off-Street Parking

Home Design

  • Brick Veneer
  • Block Foundation

Interior Spaces

  • 3,486 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Basement
  • Walk-Up Access
  • Property Views

Kitchen

  • Oven
  • Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • 5,786 Sq Ft Lot

Community Details

  • South Hill Subdivision

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 11273225

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,340

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 3486.0
  • Levels: Two
  • New Construction: No
  • Structure Type:House: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven, Refrigerator
  • Interior Amenities: Entrance Foyer, Primary Downstairs
  • Flooring: Hardwood, Tile
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Walk-Up Access
  • Basement: Yes
  • Total Bedrooms: 4
  • LivingArea: 3486.0
  • Lot Size Area: 0.13
  • Appliances:Cooktop: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Walk-Up Access: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Construction Materials: Brick Veneer
  • Foundation Details: Block
  • List Price: 698500.0
  • Patio And Porch Features: Patio
  • View: Other
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5786.0
  • Parcel Number: 11273225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Oct 2, 2024
Sold by
Lyons Properties Llc
Bought by
388 S Broadway Llc
Seller's Agent
Lynne Sneed
Lynne Sneed Real Estate
Buyer's Agent
Kristin Halfhill-Larimore
Rector Hayden Realtors
List Price
$698,500
Sold Price
$659,010
Premium/Discount to List
-$39,490
-5.65%
Views
41
Current Estimated Value
$699,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,996
Avg. Annual Appreciation
5.83%
Original Mortgage
$527,208
Outstanding Balance
$491,752
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving
Estimated Equity
$207,254

Purchase Details

Closed on
Dec 22, 2016
Sold by
Perlman Peter and Perlman Lana
Bought by
Lyons Prop Llc
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
388 S Broadway Llc $659,010 None Listed On Document
Lyons Prop Llc $324,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 388 S Broadway Llc $527,208
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2024 10/02/24 Sold $659,010 -5.7% $189 / Sq Ft
08/04/2024 08/04/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $698,500 -- $200 / 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 $4,340 $351,000 $0 $0
2023 $4,013 $324,500 $0 $0
2022 $4,145 $324,500 $0 $0
2021 $4,145 $324,500 $0 $0
2020 $4,145 $324,500 $0 $0
2019 $4,145 $324,500 $0 $0
2018 $4,145 $324,500 $0 $0
2017 $3,950 $324,500 $0 $0
2015 $3,637 $325,000 $0 $0
2014 $3,637 $325,000 $0 $0
2012 $3,637 $325,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynne Sneed

    Seller's Agent in 2024

    Lynne Sneed

    Lynne Sneed Real Estate

    (859) 983-9339

    2 in this area

    70 Total Sales

    Lynne Sneed
    Section Image
  • Kristin Halfhill-Larimore

    Buyer's Agent in 2024

    Kristin Halfhill-Larimore

    Rector Hayden Realtors

    (859) 333-1855

    3 in this area

    114 Total Sales

    Kristin Halfhill-Larimore
    Section Image
  • Jim Halfhill

    Buyer Co-Listing Agent in 2024

    Jim Halfhill

    Rector Hayden Realtors

    (859) 221-9373

    3 in this area

    107 Total Sales

    Jim Halfhill
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24013350

ImagineMLS (Bluegrass REALTORS®)

APN: 11273225

Kentucky Fayette County Lexington 40508 Historic South Hill

388 S Broadway, Lexington, KY

This home is located at 388 S Broadway, Lexington, KY 40508 since 28 June 2024 and is currently estimated at $699,006, approximately $200 per square foot. This property was built in 1880. 388 S Broadway 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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