NOT LISTED FOR SALE

508 Pyke Rd Lexington, KY 40504

Red Mile Neighborhood

Estimated Value: $253,000 - $269,000

3 Beds
1 Bath
1,600 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $225,000 $141 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,640/month

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Fireplace
  • Jessie M. Clark Middle School Rated A-
  • Neighborhood Views
  • Brick Veneer

About This Home

As of July 2023

This home is located at 508 Pyke Rd, Lexington, KY 40504 since 01 August 2023 and is currently estimated at $260,826, approximately $163 per square foot. This property was built in 1940. 508 Pyke Rd is a home located in Fayette County with nearby schools including Picadome Elementary School, Jessie M. Clark Middle School, and Lafayette High School.

Last Agent to Sell the Property

Cynthia Trgo

Bluegrass Home Group Listed on: 08/01/2023

Co-Listed By

Michelle Gunter

Bluegrass Home Group License #220002

Last Buyer's Agent

Brett Franklin

EXP Realty, LLC License #242387

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,762

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Cape Cod Architecture
  • Brick Veneer
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • Fireplace
  • Neighborhood Views
  • Washer and Electric Dryer Hookup
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • Driveway

Schools

  • Picadome Elementary School
  • Jessie Clark Middle School
  • Lafayette High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • Gibson Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22355900

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,762

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Structure Type: House
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 1307.0
  • Levels: One and One Half
  • New Construction: No
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Foundation Details:Block3: Yes
  • Roof:Shingle: Yes
  • Architectural Style:Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Yes
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 293.0
  • Fireplace: Yes
  • LivingArea: 1600.0
  • Lot Size Area: 0.18

Exterior Features

  • Roof: Shingle
  • Construction Materials: Brick Veneer
  • Foundation Details: Block
  • List Price: 225000.0
  • View: Neighborhood
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: Yes
  • Parking Features: Detached Garage, Driveway
  • Parking Features:Driveway: Yes

Utilities

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

Schools

  • Elementary School: Picadome
  • High School: Lafayette
  • Middle or Junior School: Jessie Clark

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841.0
  • Parcel Number: 22355900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Jul 31, 2023
Sold by
Wells Leon G and Wells Susan P
Bought by
Thomas Stephen
Seller's Agent
Cynthia Trgo
Bluegrass Home Group
Buyer's Agent
Brett Franklin
EXP Realty, LLC
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$260,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,826
Avg. Annual Appreciation
7.22%
Original Mortgage
$186,000
Outstanding Balance
$180,947
Interest Rate
5.85%
Mortgage Type
New Conventional
Estimated Equity
$79,879
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
Thomas Stephen $225,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Stephen $26,200
Open Thomas Stephen $186,000
Previous Owner Wells Leon G $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 For Sale $225,000 0.0% $141 / Sq Ft
07/31/2023 07/31/23 Sold $225,000 -- $141 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
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 $2,762 $225,000 $0 $0
2023 $2,076 $169,100 $0 $0
2022 $1,501 $118,400 $0 $0
2021 $1,501 $118,400 $0 $0
2020 $1,501 $118,400 $0 $0
2019 $1,501 $118,400 $0 $0
2018 $1,179 $93,000 $0 $0
2017 $1,123 $93,000 $0 $0
2015 $1,032 $93,000 $0 $0
2014 $1,032 $93,000 $0 $0
2012 $1,032 $93,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Cynthia Trgo

    Bluegrass Home Group

  • M

    Seller Co-Listing Agent in 2023

    Michelle Gunter

    Bluegrass Home Group

  • Brett Franklin

    Buyer's Agent in 2023

    Brett Franklin

    EXP Realty, LLC

    (859) 407-0230

    1 in this area

    11 Total Sales

    Brett Franklin
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23014546

ImagineMLS (Bluegrass REALTORS®)

APN: 22355900

Kentucky Fayette County Lexington 40504 Red Mile

508 Pyke Rd, Lexington, KY

This home is located at 508 Pyke Rd, Lexington, KY 40504 since 01 August 2023 and is currently estimated at $260,826, approximately $163 per square foot. This property was built in 1940. 508 Pyke Rd is a home located in Fayette County with nearby schools including Picadome Elementary School, Jessie M. Clark Middle 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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