NOT LISTED FOR SALE

473 N Martin Luther King Blvd Lexington, KY 40508

North Limestone Neighborhood

Estimated Value: $706,000 - $955,000

4 Beds
3.5 Baths
2,706 Sq Ft
$309/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $610,000 $225 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,009/month

56 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Frederick Douglass High School Rated A-
  • Double Oven
  • 2-minute walk to Duncan Park

About This Home

As of February 2022

This house has been completely renovated from top to bottom while maintaining the historic features and characteristics. It is, for all practical purposes, a new house. It was originally built in 1914 prior to WWI. Newspapers dating to July of 1914 were found in walls after removing the plaster. All systems and fixtures are new (HVAC, plumbing and electric). The interior floor plan is a modern farmhouse open design with a double height ceiling in the foyer lined by large picture and double hung windows. The original heart pine floors were restored and refinished. The developer spared no expense, using top quality materials and appliances, including new insulation throughout, Anderson vinyl clad windows, high end cabinets, and a quartz countertop, separate HVAC systems for the 1st and 2nd/3rd floors, and repointed interior chimneys. The master suite includes a large master bath with freestanding tub and a large walk-in shower and custom built-in wardrobe. The house has a modern craftsman-like wood trim package. The exterior is new James Hardie lap siding and board and batten over Zip panel sheathing. This property is within walking distance of downtown and Transylvania University.

Last Agent to Sell the Property

Sam Rock

Rock Realty License #207825 Listed on: 11/09/2021

Last Buyer's Agent

Travis Redmon

The Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,543

Year Built

  • Built in 1914

Lot Details

  • 4,725 Sq Ft Lot
  • Wood Fence
  • Wire Fence

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Stone Foundation
  • Dimensional Roof
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 2,706 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Fireplace Features Masonry
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Entrance Foyer
  • Crawl Space
  • Attic Access Panel

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck
  • Porch

Schools

  • William Wells Brown Elementary School
  • Lexington Trad Middle School
  • Frederick Douglass High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 11158200

Community Details

Overview

  • Downtown Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,543

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Year Built: 1914
  • Above Grade Finished Sq Ft: 2706.0
  • Levels: Three Or More
  • New Construction: No
  • Structure Type:House: Yes
  • Roof:Dimensional Style: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Foundation Details:Block3: Yes
  • Fencing:Wood2: Yes
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Double Oven, Gas Range
  • Interior Amenities: Breakfast Bar, Entrance Foyer, Walk-In Closet(s), Wet Bar, Other
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • LivingArea: 2706.0
  • Lot Size Area: 0.11
  • Window Features: Insulated Windows, Screens
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Gas Range: Yes

Exterior Features

  • Roof: Dimensional Style, Shingle
  • Construction Materials: HardiPlank Type
  • Fencing: Wood
  • Foundation Details: Block, Stone
  • List Price: 650000.0
  • Patio And Porch Features: Deck, Porch
  • Pool Private: No
  • Waterfront: No
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Construction Materials:HardiPlank Type: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Heat Pump, Natural Gas
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Park

Schools

  • Elementary School: William Wells Brown
  • High School: Frederick Douglass
  • Middle or Junior School: Lexington Trad

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4725.0
  • Parcel Number: 11158200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Feb 11, 2022
Bought by
Wayne Hawkiins Cory
Seller's Agent
Sam Rock
Rock Realty
Buyer's Agent
Travis Redmon
The Brokerage
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%
Current Estimated Value
$835,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,277
Avg. Annual Appreciation
8.84%
Original Mortgage
$579,500
Outstanding Balance
$538,110
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$297,167

Purchase Details

Closed on
Apr 2, 2018
Sold by
Riesig Group Llc
Bought by
Knockout Dev Llc
Source: Public Records

Range of Values:

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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
Wayne Hawkiins Cory $610,000 --
Hawkins Cory Wayne $610,000 Bluegrass Land Title
Hawkins Cory Wayne $610,000 Bluegrass Land Title
Knockout Dev Llc $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawkins Cory Wayne $579,500
Closed Hawkins Cory Wayne $579,500
Previous Owner Knockout Dev Llc $89,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2022 02/11/22 Sold $610,000 -6.2% $225 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
11/09/2021 11/09/21 For Sale $650,000 +480.4% $240 / Sq Ft
05/26/2017 05/26/17 Sold $112,000 0.0% $35 / Sq Ft View Prior Sale
04/21/2017 04/21/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $112,000 -- $35 / 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 $7,543 $610,000 $0 $0
2023 $7,543 $610,000 $0 $0
2022 $7,792 $610,000 $0 $0
2021 $2,491 $195,000 $0 $0
2020 $2,491 $195,000 $0 $0
2019 $2,491 $195,000 $0 $0
2018 $1,431 $112,000 $0 $0
2017 $1,587 $130,400 $0 $0
2015 $1,343 $120,000 $0 $0
2014 $1,343 $120,000 $0 $0
2012 $1,343 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20124171

ImagineMLS (Bluegrass REALTORS®)

APN: 11158200