Seller's Agent in 2025
Niki Wiley
Bluegrass Sotheby's International Realty
(859) 536-3212
3 in this area
69 Total Sales
508 E Main St Unit 5 Lexington, KY 40508
Aylesford Place Neighborhood
1
Bed
1
Bath
674
Sq Ft
$395/mo
HOA Fee
Highlights
- Wood Flooring
- Neighborhood Views
- 1 Car Detached Garage
- Ashland Elementary School Rated A
- Tennis Courts
- 5-minute walk to Thoroughbred Park
About This Home
As of February 2025Wellington Arms, One of Lexington's finest condo buildings designed in 1929 by architect Obadiah Bass welcomes you to unit #5. This garden-level 1 Bedroom 1 Bath residence is full of character & sophistication. A beautiful foyer awaits you behind door number five. Make your way to the European-style kitchen w/white cabinetry & granite countertops, open to the living area including a walk-in pantry or closet. Large windows with wrought iron detail add a touch of elegance and privacy but allow an ample amount of sunlight to fill the space. The bedroom suite is spacious & is complimented w/a walk-in closet and bath w/original tile. Amenities include community rooms/areas, fitness room, laundry facilities, covered secured parking, parlor, elevators, beautifully landscaped grounds/courtyard, stone walkways, & all encompassed within a secured historic building! Outstanding location within walking distance to boutiques, restaurants, Woodland Park, Rupp, University of Ky & all that Downtown Lexington has to offer!
Last Agent to Sell the Property
Bluegrass Sotheby's International Realty License #210124 Listed on: 07/24/2024
Property Details
Home Type
- Condominium
Year Built
- Built in 1932
HOA Fees
- $395 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Off-Street Parking
Home Design
- Brick Veneer
- Block Foundation
- Dimensional Roof
- Stone
Interior Spaces
- 674 Sq Ft Home
- 1-Story Property
- Blinds
- Entrance Foyer
- Living Room
- Neighborhood Views
Kitchen
- Oven or Range
- Microwave
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- Walk-In Closet
- 1 Full Bathroom
Schools
- Ashland Elementary School
- Morton Middle School
- Henry Clay High School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- The owner pays for management
- Assessor Parcel Number 38165140
Community Details
Overview
- Association fees include insurance, sewer, snow removal, trash, water
- Downtown Subdivision
- Mandatory home owners association
- On-Site Maintenance
Recreation
- Tennis Courts
- Recreation Facilities
- Park
- Snow Removal
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2024
Closed on
Feb 28, 2025
Sold by
Greer Janie
Bought by
Cheng Ryan
Seller's Agent
Niki Wiley
Bluegrass Sotheby's International Realty
Buyer's Agent
Alicia M Huff
ERA Select Real Estate
List Price
$214,900
Sold Price
$184,000
Premium/Discount to List
-$30,900
-14.38%
Views
291
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,112
Avg. Annual Appreciation
30.09%
Purchase Details
Listed on
Nov 3, 2021
Closed on
Dec 31, 2021
Sold by
Mathews Mary Rollins and Mathews Marc A
Bought by
Greer Janie
Seller's Agent
Gwen Mathews
Bluegrass Sotheby's International Realty
Buyer's Agent
Niki Wiley
Bluegrass Sotheby's International Realty
List Price
$172,900
Sold Price
$170,000
Premium/Discount to List
-$2,900
-1.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%
Purchase Details
Listed on
Apr 30, 2019
Closed on
Jan 3, 2020
Sold by
Dial Levernen
Bought by
Mathews Marc A and Mathews Rollins
Seller's Agent
Christina Dudek
Keller Williams Bluegrass Realty
Buyer's Agent
Gwen Mathews
Bluegrass Sotheby's International Realty
List Price
$142,500
Sold Price
$142,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Purchase Details
Closed on
Apr 5, 2018
Sold by
Jacobs Patsey Ely
Bought by
Dial Levernen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 3, 2014
Sold by
Wellington Arms Llc
Bought by
Jacobs Patsey Ely
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $184,000 | None Listed On Document | |
| Deed | $184,000 | None Listed On Document | |
| Deed | $170,000 | None Listed On Document | |
| Condominium Deed | $142,500 | -- | |
| Condominium Deed | $105,000 | -- | |
| Condominium Deed | $105,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $97,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/28/2025 02/28/25 | Sold | $184,000 | -3.1% | $273 / Sq Ft | |
| 12/21/2024 12/21/24 | Pending | -- | -- | -- | |
| 12/11/2024 12/11/24 | Price Changed | $189,900 | -5.0% | $282 / Sq Ft | |
| 10/29/2024 10/29/24 | Price Changed | $199,900 | -2.4% | $297 / Sq Ft | |
| 09/10/2024 09/10/24 | Price Changed | $204,900 | -2.4% | $304 / Sq Ft | |
| 08/09/2024 08/09/24 | Price Changed | $209,900 | -2.3% | $311 / Sq Ft | |
| 07/24/2024 07/24/24 | For Sale | $214,900 | +26.4% | $319 / Sq Ft | |
| 12/31/2021 12/31/21 | Sold | $170,000 | -1.7% | $252 / Sq Ft | View Prior Sale |
| 11/04/2021 11/04/21 | Pending | -- | -- | -- | |
| 11/03/2021 11/03/21 | For Sale | $172,900 | +21.3% | $257 / Sq Ft | |
| 12/31/2019 12/31/19 | Sold | $142,500 | 0.0% | $210 / Sq Ft | View Prior Sale |
| 11/04/2019 11/04/19 | Pending | -- | -- | -- | |
| 04/30/2019 04/30/19 | For Sale | $142,500 | -- | $210 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
Tax History Compared to Growth
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 | $2,275 | $184,000 | $0 | $0 |
| 2024 | $2,102 | $170,000 | $0 | $0 |
| 2023 | $2,102 | $170,000 | $0 | $0 |
| 2022 | $2,172 | $170,000 | $0 | $0 |
| 2021 | $1,820 | $142,500 | $0 | $0 |
| 2020 | $1,820 | $142,500 | $0 | $0 |
| 2019 | $1,661 | $130,000 | $0 | $0 |
| 2018 | $1,341 | $105,000 | $0 | $0 |
| 2017 | $1,278 | $105,000 | $0 | $0 |
| 2015 | $895 | $105,000 | $0 | $0 |
| 2014 | $895 | $120,000 | $0 | $0 |
| 2012 | $895 | $80,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Niki Wiley
-
Alicia M Huff
A
Buyer's Agent in 2025
Alicia M Huff
ERA Select Real Estate
(859) 351-6814
2 in this area
33 Total Sales
-
Gwen Mathews
Seller's Agent in 2021
Gwen Mathews
Bluegrass Sotheby's International Realty
(859) 608-3471
3 in this area
166 Total Sales
-
C
Seller's Agent in 2019
Christina Dudek
Keller Williams Bluegrass Realty
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 24015326
APN: 38165140
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