NOT LISTED FOR SALE

508 E Main St Unit 401 Lexington, KY 40508

Aylesford Place Neighborhood

Estimated Value: $221,000 - $260,452

1 Bed
1 Bath
786 Sq Ft
$341/mo HOA Fee

Last Sold January 17, 2020

Last sale price $190,000 $242 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,937/month

6 Days on Market

Highlights

  • Marble Flooring
  • Tennis Courts
  • Walk-In Closet
  • Ashland Elementary School Rated A
  • Brick Veneer
  • 5-minute walk to Thoroughbred Park

About This Home

As of January 2020

Live Downtown at one of Lexington's finest private residences- The Wellington Arms, designed by architect Obadiah Bass. This top floor condo features large windows providing wonderful views overlooking the courtyard. This property provides secured entrances with covered parking (1 space w/in the garage shelter). You are conveniently located to Chevy Chase, downtown, shopping, dining and parks. This condo is a larger 1 bedroom featuring hardwood floors and marble tile. Just freshly painted and cleaned. The kitchen has all the appliances and additional glass cabinets. Two large closets give you additional storage space. The onsite amenities include community laundry facilities, a fitness room, a meeting room and patio. Enjoy the old world charm of the front entrance with marble flooring surrounded by the burled walnut paneling.

Last Agent to Sell the Property

O. Matthew Walling

Milestone Realty Consultants Listed on: 11/08/2019

Last Buyer's Agent

Adam Boardman

Block + Lot Real Estate License #216794

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1932

Lot Details

  • 436

HOA Fees

  • $341 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Brick Veneer
  • Block Foundation
  • Stone

Interior Spaces

  • 786 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room
  • Attic Access Panel
  • Security System Owned

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Garage
  • 1 Carport Space
  • Rear-Facing Garage
  • Off-Street Parking

Schools

  • Ashland Elementary School
  • Lexington Trad Middle School
  • Henry Clay High School

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Patio
  • Many Trees

Listing and Financial Details

  • The owner pays for management
  • Assessor Parcel Number 38165010

Community Details

Overview

  • Association fees include central cooling, central heating, insurance, sewer, snow removal, trash, water
  • Downtown Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Park
  • Snow Removal

Property Details

Home Type

Condominium

Year Built

Built in 1932

Lot Details

0

HOA Fees

$341 per month

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Condominium
  • Year Built: 1932
  • Above Grade Finished Sq Ft: 786.0
  • Entry Level: 4
  • Levels: One
  • New Construction: No
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Marble: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Elevator, Walk-In Closet(s)
  • Flooring: Hardwood, Marble, Tile
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 1
  • Fireplace: No
  • LivingArea: 786.0
  • Lot Size Area: 0.01
  • Owner Pays: Management
  • Window Features: Blinds
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Roof: Other
  • Construction Materials: Stone, Brick Veneer
  • Foundation Details: Block
  • List Price: 199900.0
  • Lot Features: Many Trees
  • Patio And Porch Features: Patio
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Carport: Yes
  • Garage: No
  • Parking Features: Garage Faces Rear, Off Street

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Hot Water
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Security Features: Security System Owned
  • Utilities: Electricity Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 341.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Park, Tennis Court(s)

Fee Information

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

Schools

  • Elementary School: Ashland
  • High School: Henry Clay
  • Middle or Junior School: Lexington Trad

Lot Info

  • Lot Size Acres: 0.01
  • Lot Size Sq Ft: 435.6
  • Parcel Number: 38165010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Jan 24, 2020
Sold by
Johnson Christie Sparkman and Johnson Earley
Bought by
Phalaris Llc
Seller's Agent
O. Matthew Walling
Milestone Realty Consultants
Buyer's Agent
Adam Boardman
Block + Lot Real Estate
List Price
$190,000
Sold Price
$190,000
Current Estimated Value
$266,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,223
Avg. Annual Appreciation
4.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Phalaris Llc $190,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2020 01/17/20 Sold $190,000 0.0% $242 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $190,000 -- $242 / 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
2025 $2,452 $198,300 $0 $0
2024 $2,452 $198,300 $0 $0
2023 $2,452 $198,300 $0 $0
2022 $2,533 $198,300 $0 $0
2021 $2,427 $190,000 $0 $0
2020 $2,427 $190,000 $0 $0
2019 $2,172 $170,000 $0 $0
2018 $2,172 $170,000 $0 $0
2017 $1,826 $150,000 $0 $0
2015 $1,679 $150,000 $0 $0
2014 $1,679 $150,000 $0 $0
2012 $1,679 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2020

    O. Matthew Walling

    Milestone Realty Consultants

  • Adam Boardman

    Buyer's Agent in 2020

    Adam Boardman

    Block + Lot Real Estate

    (859) 338-8243

    1 in this area

    77 Total Sales

    Adam Boardman
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1925955

ImagineMLS (Bluegrass REALTORS®)

APN: 38165010

Kentucky Fayette County Lexington 40502 Aylesford Place

508 E Main St Unit 401, Lexington, KY

Not Listed for Sale

Condos

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