NOT LISTED FOR SALE

505 W Main St Unit 403 Lexington, KY 40507

Historic Western Suburb Neighborhood

Estimated Value: $407,311 - $570,000

2 Beds
2 Baths
1,396 Sq Ft
2015 Built

Last Sold June 12, 2015

Last sale price $265,000 $190 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,790/month

526 Days on Market

Highlights

  • Newly Remodeled
  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • Lafayette High School Rated A
  • Wood Flooring
  • 1-minute walk to Triangle Park

About This Home

As of June 2015

The 505 on Main consists of 17 elegant new downtown loft condos. Come and join the energy of downtown living at its finest. High end finishes include granite counters, wood flooring, sleek wood cabinetry, floor to ceiling windows, large private balconies, high ceilings and contemporary lighting and plumbing fixtures. Located in the heart of it all on Main St. Steps away from Rupp Arena, Victorian Square Shops, Triangle Park, The Lexington Opera House and a fast growing list of amazing restaurants and night life. This corner unit has awesome views of Main Street and Rupp Arena. Well designed floor plan with lots of glass has a open kitchen, living and dining space, master suite with walk in closet and balcony overlooking Main St.

Last Agent to Sell the Property

Joy Lynn Moore

Moore Real Estate Group License #205832 Listed on: 12/17/2013

Last Buyer's Agent

McKay Moore

LRC Lexington's Real Estate Co License #217787

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,115

Year Built

  • Built in 2015 | Newly Remodeled

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Flat Roof Shape
  • Brick Veneer
  • Block Foundation
  • Rubber Roof

Interior Spaces

  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Great Room
  • Utility Room
  • Washer and Gas Dryer Hookup
  • Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Builder Warranty
  • Assessor Parcel Number NEW OR UNDER CONSTRUCTION

Community Details

Overview

  • Association fees include central cooling, central heating, insurance, sewer, snow removal, trash, water
  • Downtown Subdivision
  • Property has a Home Owners Association
  • On-Site Maintenance

Recreation

  • Park
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,115

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Condominium
  • Architectural Style: Contemporary
  • Year Built: 2015
  • Entry Level: 4
  • New Construction: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Foundation Details:Block3: Yes
  • Architectural Style:Contemporary: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Roof:Flat: Yes
  • Roof:Rubber: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Elevator, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Concrete
  • Total Bedrooms: 2
  • Fireplace: No
  • Window Features: Insulated Windows
  • Basement:Concrete: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Roof: Flat, Rubber
  • Construction Materials: Brick Veneer
  • Foundation Details: Block
  • List Price: 274900.0
  • Patio And Porch Features: Patio
  • Property Condition: New Construction
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Detached Garage, Garage Door Opener, Garage Faces Rear, Garage Faces Side

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Forced Air
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Park

Fee Information

  • Association Fee Includes: Central Cooling, Central Heating, Insurance, Sewer, Snow Removal, Trash, Water

Schools

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

Lot Info

  • Parcel Number: NEW OR UNDER CONSTRUCTION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2013
Closed on
Jun 19, 2015
Sold by
Mcnb Bk & Tr Co
Bought by
Byrd Nina M and Polston Martha S
Seller's Agent
Joy Lynn Moore
Moore Real Estate Group
Buyer's Agent
McKay Moore
LRC Lexington's Real Estate Co
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$462,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,828
Avg. Annual Appreciation
5.53%
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
Byrd Nina M $265,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2015 06/12/15 Sold $265,000 0.0% $190 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
12/17/2013 12/17/13 For Sale $265,000 -- $190 / 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 $4,115 $332,800 $0 $0
2023 $4,115 $332,800 $0 $0
2022 $4,251 $332,800 $0 $0
2021 $3,385 $265,000 $0 $0
2020 $3,385 $265,000 $0 $0
2019 $3,385 $265,000 $0 $0
2018 $3,385 $265,000 $0 $0
2017 $3,226 $265,000 $0 $0
2015 $1,169 $250,000 $0 $0
2014 $1,169 $104,500 $0 $0
2012 $1,169 $104,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Joy Lynn Moore

    Moore Real Estate Group

    (859) 533-0547

    3 Total Sales

    Joy Lynn Moore
    Section Image
  • McKay Moore

    Buyer's Agent in 2015

    McKay Moore

    LRC Lexington's Real Estate Co

    (859) 806-5586

    56 Total Sales

    McKay Moore
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1323777

ImagineMLS (Bluegrass REALTORS®)

APN: 38238130

Kentucky Fayette County Lexington 40507 Historic Western Suburb

505 W Main St Unit 403, Lexington, KY

This home is located at 505 W Main St Unit 403, Lexington, KY 40507 since 17 December 2013 and is currently estimated at $462,828, approximately $331 per square foot. This property was built in 2015. 505 W Main St Unit 403 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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