NOT LISTED FOR SALE

508 E Main St Unit 405 Lexington, KY 40508

Aylesford Place Neighborhood

Estimated Value: $173,000 - $204,000

1 Bed
1 Bath
507 Sq Ft
$220/mo HOA Fee

Last Sold January 31, 2020

Last sale price $120,000 $237 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,308/month

205 Days on Market

Highlights

  • Wood Flooring
  • Recreation Facilities
  • Storm Windows
  • Ashland Elementary School Rated A
  • Detached Garage
  • 5-minute walk to Thoroughbred Park

About This Home

As of January 2020

Step back in time and experience the beauty of hardwood, marble and classic architecture. This studio condo located in Wellington Arms in downtown Lexington, is at the heart of convenience. Maintenance free living meets walkability in this 4th floor unit, serviced by an elevator, featuring a covered parking space and access to beautiful common area amenities both inside and out. The workout room will help you stay in shape while the TV room provides a private space to reserve to host parties with friends. Overlooking the beautifully manicured shared outdoor living space, the view from the top is wonderful! Wellington Arms combines historic charm with modern convenience and carefree living! These units are limited in number and only come on the market every once and awhile. Come and see the unique opportunity that awaits!

Last Agent to Sell the Property

Lucy Jett Waterbury

Rector Hayden Realtors License #216487 Listed on: 06/20/2019

Rector Hayden Realtors

Co-Listed By

Ethan T Waterbury

Rector Hayden Realtors License #212856

Last Buyer's Agent

Ashley Peercy

Keller Williams Legacy Group

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1932

HOA Fees

  • $220 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 507 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room
  • Laundry on main level

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

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

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Patio
  • Many Trees

Listing and Financial Details

  • The owner pays for management
  • Assessor Parcel Number 38165040

Community Details

Overview

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

Recreation

  • Recreation Facilities
  • Park
  • Snow Removal

Security

  • Storm Windows

Property Details

Home Type

Condominium

Year Built

Built in 1932

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Condominium
  • Year Built: 1932
  • Above Grade Finished Sq Ft: 507.0
  • Entry Level: 4
  • Levels: One
  • New Construction: No
  • Roof:Dimensional Style: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Laundry Features:Main Level: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Amenities: Elevator
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 1
  • LivingArea: 507.0
  • Owner Pays: Management
  • Window Features: Blinds, Storm Window(s)
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Stone, Brick Veneer
  • Foundation Details: Block
  • List Price: 130000.0
  • Lot Features: Many Trees
  • Patio And Porch Features: Patio
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Hot Water, Natural Gas
  • Heating: Yes
  • Laundry Features: Main Level
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Amenities: Recreational Facilities
  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Park

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 38165040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Feb 18, 2020
Sold by
Smathers Revocable Liv Tr
Bought by
Barker Regina L
Seller's Agent
Lucy Jett Waterbury
Rector Hayden Realtors
Buyer's Agent
Ashley Peercy
Keller Williams Legacy Group
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$190,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,940
Avg. Annual Appreciation
8.10%

Purchase Details

Closed on
Jan 25, 2010
Sold by
Wellington Arms Llc
Bought by
Smathers Revocable Liv Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barker Regina L $120,000 --
Smathers Revocable Liv Tr $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $120,000 0.0% $237 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
06/20/2019 06/20/19 For Sale $120,000 -- $237 / 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 $1,070 $135,600 $0 $0
2024 $1,103 $135,600 $0 $0
2023 $1,103 $135,600 $0 $0
2022 $1,215 $135,600 $0 $0
2021 $1,016 $120,000 $0 $0
2020 $1,533 $120,000 $0 $0
2019 $1,712 $134,000 $0 $0
2018 $1,712 $134,000 $0 $0
2017 $1,064 $125,000 $0 $0
2015 $1,399 $125,000 $0 $0
2014 $1,399 $89,000 $0 $0
2012 $1,399 $125,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller Co-Listing Agent in 2020

    Ethan T Waterbury

    Rector Hayden Realtors

    (859) 333-2886

    17 Total Sales

    Ethan T Waterbury
    Section Image

  • A

    Buyer's Agent in 2020

    Ashley Peercy

    Keller Williams Legacy Group

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1914025

ImagineMLS (Bluegrass REALTORS®)

APN: 38165040

Kentucky Fayette County Lexington 40502 Aylesford Place

508 E Main St Unit 405, Lexington, KY

Not Listed for Sale

Condos

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