NOT LISTED FOR SALE
-- Bed
-- Bath
18,250 Sq Ft
0.98 Acre Lot

Sale Details

Date Sold: October 16, 2019

Last sale price $1,065,000 $58 Per Sq Ft

227 Days on Market

Highlights

  • 0.98 Acre Lot
  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Lafayette High School Rated A

About This Home

As of October 2019

Here is your chance to own one of Lexington's downtown trophies that is in need of some polish! Back in it's day it was part of Hagerman college. This 4 magnificent story has over 18,000 sqft and an expandable basement with just over 4,700 sqft. It has 23 units. The lot is just under an acre with lots of green space. The building is in need of lots of updates.

Last Agent to Sell the Property

Abe Karam

RE/MAX Elite Lexington License #188355 Listed on: 10/23/2018

RE/MAX Elite Lexington

Last Buyer's Agent

Scotty Floro

Keller Williams Commonwealth License #204063

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 42,689 Sq Ft Lot

Parking

  • 35 Parking Spaces

Home Design

  • 18,250 Sq Ft Home
  • Shingle Roof
  • Metal Roof

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Connected

Community Details

  • 23 Units
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11438651

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0.98 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Apartment
  • Structure Type: Multi Family
  • Year Built: 1920
  • New Construction: No
  • Roof:Shingle: Yes
  • Lot: Lot Size Acres: 0.98
  • Lot: Lot Size Square Feet: 42688.84
  • Tax Legal: Elementary School: Harrison
  • Tax Legal: Middle Or Junior School: Lexington Trad
  • Tax Legal: High School: Lafayette
  • AssociationCommunity: Number Of Buildings: 1.0
  • Other Sold Info: New Construction YN: No
  • Cooling: Electric: Yes
  • Cooling: Gas: Yes
  • Structure Type: Multi Family: Yes
  • AssociationCommunity: Number Of Units Total: 23.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • LivingArea: 18250.0
  • Lot Size Area: 0.98

Exterior Features

  • Roof: Metal, Shingle
  • List Price: 1355000.0
  • Roof: Metal: Yes

Garage/Parking

  • Total Parking Spaces: 35.0
  • Parking Information: Parking Total: 35.0

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Natural Gas
  • Cooling: Electric, Gas
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Utilities: Cooling YN: Yes
  • Utilities: Heating YN: Yes
  • Utilities: Electricity Connected: Yes
  • Utilities: Natural Gas Connected: Yes
  • Heating: Natural Gas: Yes
  • Heating: Electric: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.98
  • Lot Size Sq Ft: 42688.84
  • Parcel Number: 11438651
  • Zoning Description: R-4 with H-1 overlay

Multi Family

  • Number of Units Total: 23

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
Oct 23, 2018
Closed on
Oct 16, 2019
Sold by
Bought by
Seller's Agent
Abe Karam
RE/MAX Elite Lexington
Buyer's Agent
Scotty Floro
Keller Williams Commonwealth
List Price
$1,065,000
Sold Price
$1,065,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,965,248
Interest Rate
3.4%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,065,000 --
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
Open $2,680,000
Closed $1,965,248
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
10/16/2019 10/16/19 Sold $1,065,000 0.0% $58 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
10/23/2018 10/23/18 For Sale $1,065,000 -- $58 / 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 $18,549 $1,500,000 $0 $0
2024 $18,549 $1,500,000 $0 $0
2023 $18,549 $1,500,000 $0 $0
2022 $13,604 $1,065,000 $0 $0
2021 $13,604 $1,065,000 $0 $0
2020 $13,604 $1,065,000 $0 $0
2019 $11,893 $931,000 $0 $0
2018 $11,893 $931,000 $0 $0
2017 $11,334 $931,000 $0 $0
2015 $5,596 $570,000 $0 $0
2014 $5,596 $570,000 $0 $0
2012 $5,596 $500,000 $0 $0
Source: Public Records

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1824239

ImagineMLS (Bluegrass REALTORS®)
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