NOT LISTED FOR SALE

508 Patterson St Unit 510 Lexington, KY 40508

Estimated Value: $257,000 - $307,000

2 Beds
1 Bath
796 Sq Ft
$359/Sq Ft Est. Value

Last Sold June 16, 2020

Last sale price $237,500 $298 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,760/month

14 Days on Market

Highlights

  • Wood Flooring
  • Great Room with Fireplace
  • Patio
  • Lafayette High School Rated A
  • Home Office
  • Park

About This Home

As of June 2020

This Bijou or jewel of a house was built sometime after 1855 but before 1875 according to historic Lexington maps and was what was called a crib. It was nothing like what you see today. It was a duplex, with each apartment a 10'x12', room with a fireplace, low ceilings to keep warm and a privy in back shared by both apartments totaling 288 sq.ft. Early residents were laborers, mostly men, with family in the neighborhood. Expanded over the years the house has been extensively rebuilt, repaired & improved and now an 800sq. ft. custom single family house. This 21st Century crib is fit for a rock star who wants to walk to Rupp arena, UK, or just experience all the pleasures offered in downtown Lexington. Marble bath, wood floors, stainless kitchen with quartz countertops and specialty ceilings. The photos do not do this deluxe high-quality renovation justice as you will see in person.

Last Agent to Sell the Property

James Turek

Bluegrass Sotheby's International Realty License #216197 Listed on: 04/22/2020

Bluegrass Sotheby's International Realty

Co-Listed By

Jim McKeighen

Bluegrass Sotheby's International Realty License #185613

Last Buyer's Agent

Suzanne Elliott

Berkshire Hathaway de Movellan Properties License #183643

Berkshire Hathaway de Movellan Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,937

Year Built

  • Built in 1880

Lot Details

  • 1,742

Home Design

  • Dimensional Roof
  • Wood Siding

Interior Spaces

  • 796 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Blinds
  • Insulated Doors
  • Great Room with Fireplace
  • Dining Room
  • Home Office
  • Basement
  • Crawl Space
  • Storm Doors
  • Washer and Gas Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Attic Floors
  • Storage In Attic
  • Attic Access Panel

Schools

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

Utilities

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

Additional Features

  • Patio
  • 1,742 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 16384100

Community Details

Overview

  • Downtown Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,937

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 796.0
  • Levels: One
  • New Construction: No
  • Roof:Dimensional Style: 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
  • Appliances Refrigerators: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Flooring: Hardwood, Tile
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Concrete, Crawl Space
  • Basement: No
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Great Room
  • Fireplace: Yes
  • LivingArea: 796.0
  • Lot Size Area: 0.04
  • Window Features: Blinds, Insulated Windows
  • Basement:Concrete: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Exterior Features: Other
  • Roof: Dimensional Style, Other
  • Construction Materials: Wood Siding, Other
  • Foundation Details: Other
  • List Price: 249900.0
  • Patio And Porch Features: Patio
  • Waterfront: No
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Storm Door(s): Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Park

Schools

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

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1742.4
  • Parcel Number: 16384100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2019
Sold by
Eckman Mgt Llc
Bought by
M3 Inv Llc
Current Estimated Value
$285,767
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
M3 Inv Llc $35,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2020 06/16/20 Sold $237,500 -5.0% $298 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $249,900 -- $314 / 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 $2,937 $237,500 $0 $0
2023 $2,937 $237,500 $0 $0
2022 $3,034 $237,500 $0 $0
2021 $3,034 $237,500 $0 $0
2020 $447 $35,000 $0 $0
2019 $166 $13,000 $0 $0
2018 $166 $13,000 $0 $0
2017 $158 $13,000 $0 $0
2015 $145 $13,000 $0 $0
2014 $145 $13,000 $0 $0
2012 $145 $13,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20007907

ImagineMLS (Bluegrass REALTORS®)

APN: 16384100