$167,500
SOLD MAR 19, 2025

513 W Main St Lexington, KY 40507

Historic Western Suburb Neighborhood
-- Bed
-- Bath
1,407 Sq Ft
2007 Built

Recently Sold

$119 Per Sq Ft

8% Below List Price

4 Days on Market

Highlights

  • Brick Veneer
  • Cooling Available
  • Accessibility Features
  • Lafayette High School Rated A
  • Views
  • 1-minute walk to Triangle Park

About This Home

As of March 2025

Discover an unparalleled chance to create your ideal urban living space with this street-level unfinished condo unit, strategically located directly across from Rupp Arena. This prime downtown location offers not just visibility but also convenience, making it perfect for both residential and investment purposes.

Spanning a generous total of 1,494 square feet, this unit present a blank canvas for your vision. There is potential to add a second-level loft space providing room for multiple bedrooms and bathrooms, significantly increasing your living area. The entry can be transformed into a set back entrance with fence and balcony above for extra curb appeal and convenience.

Seize this rare opportunity to design a bespoke living environment in the heart of downtown. Whether you're looking to create a luxurious personal retreat or a lucrative investment, the possibilities are endless.

Seller is offering a concession to help cover cost of enclosing elevator machine room located in the back of the unit.

Priced under recent appraised value. HOA covers water and sewer.

Last Agent to Sell the Property

Ellie Hatton

The Brokerage License #275930 Listed on: 03/01/2025

Last Buyer's Agent

Ellie Hatton

The Brokerage License #275930 Listed on: 03/01/2025

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Home Design

  • Brick Veneer

Interior Spaces

  • 1-Story Property
  • Concrete Flooring
  • No Kitchen Appliances
  • Property Views

Accessible Home Design

  • Accessibility Features

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38205160

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Condominium
  • Year Built: 2007
  • Levels: One
  • New Construction: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: None
  • Flooring: Concrete
  • Basement: No
  • Fireplace: No

Exterior Features

  • Construction Materials: Brick Veneer
  • Foundation Details: Other
  • List Price: 182000.0
  • View: Other
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Other

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public

Schools

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

Lot Info

  • Parcel Number: 38205160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2025
Closed on
Mar 19, 2025
Sold by
513 West Main Llc
Bought by
Industrial Funk Llc
Seller's Agent
Ellie Hatton
The Brokerage
Buyer's Agent
Ellie Hatton
The Brokerage
List Price
$182,000
Sold Price
$167,500
Premium/Discount to List
-$14,500
-7.97%
Views
41
Current Estimated Value
$184,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,556
Avg. Annual Appreciation
11.17%

Purchase Details

Closed on
Jun 4, 2021
Sold by
Big Blue Prop Llc
Bought by
Abacus Holdings Llc

Purchase Details

Closed on
Mar 31, 2017
Sold by
83 Lex Llc
Bought by
Big Blue Prop Llc

Purchase Details

Closed on
Dec 1, 2016
Sold by
Lucky Dog Prop Llc
Bought by
83 Lex Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2015
Sold by
Red Rose Llc
Bought by
Lucky Dog Prop Llc

Purchase Details

Closed on
May 22, 2013
Sold by
Keybrick Prop Llc
Bought by
Red Rose Llc

Purchase Details

Closed on
Aug 9, 2011
Sold by
Five Hundred Main Llc
Bought by
Keybrick Prop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2010
Sold by
500S On Main Llc
Bought by
Fifth Third Bk
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Deed $167,500 None Listed On Document
Condominium Deed $335,000 --
Condominium Deed $230,000 --
Condominium Deed $140,800 --
Condominium Deed $265,000 --
Condominium Deed $256,000 --
Condominium Deed $250,000 --
Condominium Deed $2,199,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $280,000 Commercial
Previous Owner $200,000 Commercial
Previous Owner $200,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2025 03/19/25 Sold $167,500 -8.0% $119 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
03/01/2025 03/01/25 For Sale $182,000 -- $129 / Sq Ft
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 $2,071 $167,500 $0 $0
2024 $2,071 $167,500 $0 $0
2023 $2,071 $167,500 $0 $0
2022 $2,140 $167,500 $0 $0
2021 $1,469 $115,000 $0 $0
2020 $1,469 $115,000 $0 $0
2019 $1,469 $115,000 $0 $0
2018 $1,469 $115,000 $0 $0
2017 $3,226 $265,000 $0 $0
2015 $1,900 $256,000 $0 $0
2014 $1,900 $256,000 $0 $0
2012 $1,900 $240,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2025

    Ellie Hatton

    The Brokerage

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25003419

ImagineMLS (Bluegrass REALTORS®)

APN: 38205160

Kentucky Fayette County Lexington 40507 Historic Western Suburb

513 W Main St, Lexington, KY

Sold

Condos

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