NOT LISTED FOR SALE

702 Melrose Ave Lexington, KY 40502

Hollywood Neighborhood

Estimated Value: $488,795 - $588,000

3 Beds
2 Baths
1,505 Sq Ft
$354/Sq Ft Est. Value

Sale Details

Date Sold: November 18, 2016

Last sale price $305,000 $203 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,272 / mo

65 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Double Oven
  • Cassidy Elementary School Rated A
  • Tennis Courts
  • 2 Car Detached Garage

About This Home

As of November 2016

NEW PRICE!!! A truly special home on a corner lot in the heart of Hollywood. Exuding charm and class, this 1.5 story stone home, with 3 bdrms, 2.0 baths is a rare find in the area. Hardwood floors, fireplace, updated baths, updated kitchen (new paint in April) with double oven, ample cabinet space, separate desk area. The Owner's Suite (new paint and new carpet in April) is on the 2nd level with full bath and walk in closet. Mature landscaping, amazing side porch with swing,fenced yard, new double tiered deck, full size 2 car garage with side entrance. Perfect for the buyer who knows this area and the value of it.

Last Agent to Sell the Property

Todd Tyler

Kentucky Real Estate Group License #206130 Listed on: 06/20/2016

Last Buyer's Agent

Karen Burns

Rector Hayden Realtors License #205725

Rector Hayden Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 6,970 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Wire Fence
  • Many Trees

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • Side Facing Garage

Home Design

  • Stone Foundation
  • Shingle Roof
  • Stone

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace
  • Dining Room
  • Utility Room
  • Attic Floors
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck

Schools

  • Cassidy Elementary School
  • Morton Middle School
  • Henry Clay High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 11035575

Community Details

Overview

  • Hollywood Subdivision

Recreation

  • Tennis Courts
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

6,970 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1929
  • Levels: One and One Half
  • New Construction: No
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Fencing:Chain Link: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Privacy: Yes
  • Fencing:Wood2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Concrete, Full, Sump Pump, Unfinished
  • Basement: Yes
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Lot Size Area: 0.16
  • Window Features: Blinds, Window Treatments
  • Basement:Concrete: Yes
  • Full Basement: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Double Oven: Yes
  • Appliances Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Basement:Sump Pump: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Stone
  • Fencing: Chain Link, Privacy, Wood
  • Foundation Details: Stone
  • Home Warranty: No
  • List Price: 310000.0
  • Lot Features: Many Trees
  • Patio And Porch Features: Deck
  • Waterfront: No
  • Window Features:Blinds: Yes
  • Exterior Features:Storm Door(s): Yes
  • Window Features:Window Treatments: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached Garage, Garage Faces Rear, Garage Faces Side

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas, Other
  • Cooling: Other
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Park, Tennis Court(s)

Schools

  • Elementary School: Cassidy
  • High School: Henry Clay
  • Middle or Junior School: Morton

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.61
  • Parcel Number: 11035575

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2016
Closed on
Dec 15, 2016
Sold by
Carter Jesse and Carter Linda
Bought by
Black Esther Penelope and Black Esther Penni
Seller's Agent
Todd Tyler
Kentucky Real Estate Group
Buyer's Agent
Karen Burns
Rector Hayden Realtors
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$532,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,449
Avg. Annual Appreciation
6.05%
Original Mortgage
$238,000
Interest Rate
3.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 2008
Sold by
Perkins Deborah O
Bought by
Carter Jesse and Carter Linda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Black Esther Penelope $305,000 --
Carter Jesse $278,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Black Esther Penelope $25,000
Open Black Esther Penelope $222,700
Closed Black Esther Penelope $25,000
Closed Black Esther Penelope $238,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $305,000 0.0% $203 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $305,000 -- $203 / 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 $5,157 $417,000 $0 $0
2024 $5,157 $417,000 $0 $0
2023 $5,157 $417,000 $0 $0
2022 $4,491 $351,600 $0 $0
2021 $4,491 $351,600 $0 $0
2020 $4,491 $351,600 $0 $0
2019 $4,491 $351,600 $0 $0
2018 $3,896 $305,000 $0 $0
2017 $3,713 $305,000 $0 $0
2015 $3,111 $278,000 $0 $0
2014 $3,111 $278,000 $0 $0
2012 $3,111 $278,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Tyler

    Seller's Agent in 2016

    Todd Tyler

    Kentucky Real Estate Group

    (859) 619-7464

    51 Total Sales

    Todd Tyler
    Section Image

  • K

    Buyer's Agent in 2016

    Karen Burns

    Rector Hayden Realtors

    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1613438

ImagineMLS (Bluegrass REALTORS®)

APN: 11035575

Kentucky Fayette County Lexington 40502 Hollywood

702 Melrose Ave, Lexington, KY

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 2026 LBAR Multiple Listing Service. All Rights Reserved.

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