NOT LISTED FOR SALE

462 W Third St Lexington, KY 40508

Northside Neighborhood

Estimated Value: $1,111,000 - $1,262,000

Studio
3 Baths
3,446 Sq Ft
$342/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $770,000 $223 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,925/month

21 Days on Market

Highlights

  • 0.38 Acre Lot
  • Deck
  • Double Oven
  • Lafayette High School Rated A
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of February 2021

Totally redesigned from duplex to single family home in 2015. Redesigned and all systems replaced in 2015 so that owner could retire and move back into house. Owner did not retire. House has been leased for $2500.00 per month for 4 years. Now owner decided to sell. House known to many as former home of Henry Faulkner, local artist.House has geo-thermal hvac.

Last Agent to Sell the Property

Jane Allen Offutt

Offutt Realty, Inc. License #186464 Listed on: 12/03/2020

Last Buyer's Agent

Dan Elkinson

The Brokerage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1880

Lot Details

  • 0.38 Acre Lot
  • Privacy Fence
  • Many Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Veneer
  • Stone Foundation
  • Shingle Roof
  • Wood Siding
  • Masonry

Interior Spaces

  • 2-Story Property
  • Fireplace Features Masonry
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Dining Room
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Geothermal Heating and Cooling
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12007350

Home Details

Home Type

Single Family

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1880
  • Levels: Two
  • New Construction: No
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Cooling:Geothermal: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Privacy: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Eat-in Kitchen
  • Flooring: Hardwood, Tile
  • Basement: Full, Unfinished
  • Basement: Yes
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Lot Size Area: 0.38
  • Window Features: Insulated Windows
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Double Oven: Yes
  • Appliances Range: Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Wood Siding, Brick Veneer, Solid Masonry
  • Fencing: Privacy
  • Foundation Details: Stone
  • List Price: 785000.0
  • Lot Features: Many Trees
  • Patio And Porch Features: Deck
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Storm Door(s): Yes
  • Construction Materials:Solid Masonry: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Geothermal, Natural Gas
  • Cooling: Geothermal
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Natural Gas Connected
  • Water Source: Public
  • Heating:Geothermal2: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Sq Ft: 16552.82
  • Parcel Number: 12007350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Croley Paul K
Bought by
Butler Sally Marcella and Segal Mark Elliott
Current Estimated Value
$1,178,365

Purchase Details

Listed on
Dec 3, 2020
Closed on
Feb 25, 2021
Sold by
Farmer Harry W and Farmer Kaoru K
Bought by
Butler Sally Marcella
Seller's Agent
Jane Allen Offutt
Offutt Realty, Inc.
Buyer's Agent
Dan Elkinson
The Brokerage
List Price
$785,000
Sold Price
$770,000
Premium/Discount to List
-$15,000
-1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$144,750
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Butler Sally Marcella -- None Listed On Document
Butler Sally Marcella -- None Listed On Document
Croley Paul K -- None Listed On Document
Croley Paul K -- None Listed On Document
Butler Sally Marcella $770,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butler Sally Marcella $144,750
Previous Owner Butler Sally Marcella $371,250
Previous Owner Butler Sally Marcella $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2021 02/25/21 Sold $770,000 -1.9% $223 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $785,000 -- $228 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

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
2025 $9,522 $770,000 $0 $0
2024 $9,522 $770,000 $0 $0
2023 $9,522 $770,000 $0 $0
2022 $9,836 $770,000 $0 $0
2021 $9,836 $770,000 $0 $0
2020 $8,018 $627,700 $0 $0
2019 $8,018 $627,700 $0 $0
2018 $8,018 $627,700 $0 $0
2017 $7,642 $627,700 $0 $0
2015 $2,742 $555,000 $0 $0
2014 $2,742 $555,000 $0 $0
2012 $2,742 $245,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jane Allen Offutt

    Offutt Realty, Inc.

    Section Image

  • D

    Buyer's Agent in 2021

    Dan Elkinson

    The Brokerage

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20024857

ImagineMLS (Bluegrass REALTORS®)

APN: 12007350

Kentucky Fayette County Lexington 40507 Northside

462 W Third St, Lexington, KY

Not Listed for Sale

Detached

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