NOT LISTED FOR SALE

511 W Third St Lexington, KY 40508

Northside Neighborhood

Estimated Value: $924,000 - $1,123,000

4 Beds
4 Baths
4,064 Sq Ft
$246/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $690,000 $170 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,951/month

6 Days on Market

Highlights

  • Guest House
  • 0.21 Acre Lot
  • Deck
  • Lafayette High School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of May 2021

Wow describes this beautifully remodeled early 1900s Victorian brick home in the heart of Lexington in Downtown/Fayette Park where charm & character meet high end modern amenities. Attention to detail & quality finishes are abundant with beautiful trim work, gleaming hardwood floors, gourmet kitchen & spa-like bathrooms. The 1st floor features a large entry foyer, Formal Living & Dining Rooms w/ French Doors & Fireplaces, a Chef's Kitchen w/ large granite island/bar, Breakfast nook & marble Bath. A beautiful stairway leads to the 2nd level where one finds the Primary Suite w/ a walk-in custom closet, double vanities, jetted tub, & tiled shower, 2 additional generously sized Bedrooms, Marble Bath & Huge Laundry/Flex room. The 3rd level doesn't disappoint & offers a cool apartment, additional living or rental space complete with appliances, full Bath and an exterior entrance. 4 car detached garage, oversized deck & private fenced yard. Walk to dining, entertainment & parks! Call today!

Last Agent to Sell the Property

Kitty Lane

Bluegrass Sotheby's International Realty License #181314 Listed on: 03/25/2021

Bluegrass Sotheby's International Realty

Co-Listed By

K Meredith Lane

Bluegrass Sotheby's International Realty License #214344

Last Buyer's Agent

Meredith Walker

Bluegrass Sotheby's International Realty License #209870

Bluegrass Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Wire Fence
  • Many Trees

Parking

  • 4 Car Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Veneer
  • Stone Foundation
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 4,064 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Utility Room
  • Storm Windows
  • Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Walk-In Attic
  • Permanent Attic Stairs
  • Partially Finished Attic

Schools

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

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Electric Water Heater

Additional Features

  • Deck
  • Guest House

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10980850

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 4064.0
  • Levels: Two, Three Or More
  • New Construction: No
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Roof:Composition: Yes
  • Fencing:Privacy: Yes
  • Fencing:Wood2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Other Structures:Guest House: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Walk-In Closet(s)
  • Flooring: Hardwood, Tile
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Yes
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room, Masonry, Primary Bedroom
  • Fireplace: Yes
  • LivingArea: 4064.0
  • Lot Size Area: 0.21
  • Window Features: Blinds, Storm Window(s)
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Fireplace Features:Primary Bedroom: Yes

Exterior Features

  • Roof: Composition, Metal
  • Construction Materials: Other, Brick Veneer
  • Fencing: Privacy, Wood
  • Foundation Details: Stone
  • List Price: 735000.0
  • Lot Features: Many Trees
  • Other Structures: Guest House
  • Patio And Porch Features: Deck
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Garage: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Off Street

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Heat Pump, Natural Gas
  • Cooling: Electric, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147.61
  • Parcel Number: 10980850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
May 14, 2021
Sold by
Tavakoli Zahra and Tavakoli Eric
Bought by
Fatemi Darius J and Fatemi Renee H
Seller's Agent
Kitty Lane
Bluegrass Sotheby's International Realty
Buyer's Agent
Meredith Walker
Bluegrass Sotheby's International Realty
List Price
$735,000
Sold Price
$690,000
Premium/Discount to List
-$45,000
-6.12%
Current Estimated Value
$998,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,646
Avg. Annual Appreciation
8.08%
Original Mortgage
$65,850
Outstanding Balance
$59,455
Interest Rate
3%
Mortgage Type
Unknown
Estimated Equity
$939,191

Purchase Details

Closed on
Oct 22, 2013
Sold by
Samson William A and Samson Lisa E
Bought by
Tavakoli Zahra and Tavakoli Eric
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
Fatemi Darius J $690,000 --
Tavakoli Zahra $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tavakoli Zahra $65,850
Previous Owner Tavakoli Zahra $307,100
Previous Owner Tavakoli Zahra $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $690,000 -6.1% $170 / Sq Ft
04/03/2021 04/03/21 For Sale $735,000 0.0% $181 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $735,000 0.0% $181 / Sq Ft
02/10/2020 02/10/20 Rented $3,200 0.0% --
01/11/2020 01/11/20 Under Contract -- -- --
10/25/2019 10/25/19 For Rent $3,200 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

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 $9,179 $742,300 $0 $0
2024 $9,179 $742,300 $0 $0
2023 $8,533 $690,000 $0 $0
2022 $8,814 $690,000 $0 $0
2021 $7,026 $550,000 $0 $0
2020 $7,026 $550,000 $0 $0
2019 $7,026 $550,000 $0 $0
2018 $3,881 $303,800 $0 $0
2017 $3,698 $303,800 $0 $0
2015 $2,518 $225,000 $0 $0
2014 $2,518 $210,000 $0 $0
2012 $2,518 $225,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kitty Lane

    Seller's Agent in 2021

    Kitty Lane

    Bluegrass Sotheby's International Realty

    (859) 489-4356

    5 in this area

    332 Total Sales

    Kitty Lane
    Section Image

  • K

    Seller Co-Listing Agent in 2021

    K Meredith Lane

    Bluegrass Sotheby's International Realty

  • Meredith Walker

    Buyer's Agent in 2021

    Meredith Walker

    Bluegrass Sotheby's International Realty

    (859) 312-8417

    4 in this area

    214 Total Sales

    Meredith Walker
    Section Image

  • B

    Seller's Agent in 2020

    Ben Smith-Gulley

    United Real Estate Bluegrass

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20105087

ImagineMLS (Bluegrass REALTORS®)

APN: 10980850

Kentucky Fayette County Lexington 40508 Northside

511 W Third St, Lexington, KY

Not Listed for Sale

Detached

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