NOT LISTED FOR SALE
5 Beds
3 Baths
2,414 Sq Ft
7,148 Sq Ft Lot

Sale Details

Date Sold: March 31, 2022

Last sale price $600,000 $249 Per Sq Ft

154 Days on Market

About This Home

As of March 2022

INVESTMENT OPPORTUNITY - The Bell Ct. neighborhood is one of the most sought after in Lexington! Restored tri-plex with oversized lot for additional opportunities! Bike or walk downtown in this historic neighborhood. Each unit has been remodeled from top to bottom with tons of updates. The property is fully occupied with monthly rents ranging from $1150-$1250 per month. Call today for additional details and schedule a private tour!

Last Agent to Sell the Property

Crystal Towe

RE/MAX Elite Lexington Listed on: 09/18/2021

Co-Listed By

Logan Cheek

RE/MAX Elite Lexington

Last Buyer's Agent

Sara Morken

The Brokerage

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 7,148 Sq Ft Lot

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2,414 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Paved Parking

Schools

  • Ashland Elementary School
  • Lexington Trad Middle School
  • Henry Clay High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Propane Needed

Listing and Financial Details

  • Assessor Parcel Number 11306000

Community Details

Overview

  • 3 Units
  • Bell Court Subdivision

Building Details

  • Gross Income $43,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

7,148 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Triplex
  • Structure Type: Triplex
  • Year Built: 1945
  • New Construction: No
  • Roof:Shingle: Yes
  • Lot: Lot Size Acres: 0.1641
  • Lot: Lot Size Square Feet: 7148.0
  • Tax Legal: Elementary School: Ashland
  • Tax Legal: Middle Or Junior School: Lexington Trad
  • Tax Legal: High School: Henry Clay
  • AssociationCommunity: Number Of Buildings: 1.0
  • Other Sold Info: New Construction YN: No
  • Cooling: Electric: Yes
  • Building: Stories Total: 2
  • Income and Expenses: Gross Income: 43800.0
  • Structure Type: Triplex: Yes
  • AssociationCommunity: Number Of Units Total: 3.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • LivingArea: 2414.0
  • Lot Size Area: 0.16
  • Total Stories: 2

Exterior Features

  • Roof: Shingle
  • List Price: 625000.0

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel
  • Total Parking Spaces: 5.0
  • Parking Information: Parking Total: 5.0
  • Parking Features: Gravel: Yes

Utilities

  • Heating: Forced Air, Heat Pump, Natural Gas
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Available, Propane Not Available, Sewer Available, Water Available
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Utilities: Cooling YN: Yes
  • Utilities: Heating YN: Yes
  • Utilities: Electricity Connected: Yes
  • Heating: Natural Gas: Yes
  • Utilities: Water Available: Yes
  • Utilities: Natural Gas Available: Yes
  • Utilities: Sewer Available: Yes
  • Utilities: Propane Not Available: Yes

Schools

  • Elementary School: Ashland
  • High School: Henry Clay
  • Middle or Junior School: Lexington Trad

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 7148.0
  • Parcel Number: 11306000
  • Zoning Description: Multi

Multi Family

  • Gross Income: 43800.0
  • Number of Units Total: 3

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2021
Closed on
Mar 31, 2022
Sold by
Bought by
Seller's Agent
Crystal Towe
RE/MAX Elite Lexington
Buyer's Agent
Sara Morken
The Brokerage
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$436,122
Interest Rate
3.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2019
Closed on
Dec 20, 2019
Sold by
Bought by
Seller's Agent
Garrett Spear
Keller Williams Bluegrass Realty
Buyer's Agent
Crystal Towe
RE/MAX Elite Lexington
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.47%
Original Mortgage
$276,000
Interest Rate
3.6%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Mentelle, KY

See All Agents

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
$600,000 None Listed On Document
$600,000 --
$345,000 --
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 $480,000
Previous Owner $276,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $600,000 -4.0% $249 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
09/18/2021 09/18/21 For Sale $625,000 0.0% $259 / Sq Ft
07/10/2020 07/10/20 Rented $1,250 0.0% --
07/03/2020 07/03/20 For Rent $1,250 0.0% --
12/19/2019 12/19/19 Sold $345,000 0.0% -- View Prior Sale
11/25/2019 11/25/19 Pending -- -- --
11/21/2019 11/21/19 For Sale $345,000 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Tax 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.

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 $7,420 $600,000 $0 $0
2024 $7,420 $600,000 $0 $0
2023 $7,420 $600,000 $0 $0
2022 $4,407 $345,000 $0 $0
2021 $4,407 $345,000 $0 $0
2020 $4,407 $345,000 $0 $0
2019 $3,403 $266,400 $0 $0
2018 $3,403 $266,400 $0 $0
2017 $3,243 $266,400 $0 $0
2015 $2,014 $175,000 $0 $0
2014 $2,014 $175,000 $0 $0
2012 $2,014 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20120272

ImagineMLS (Bluegrass REALTORS®)
Your Personal Tour Guide

Ask me questions while you tour the home.