$690,000

Estimated payment $4,320/month

Total Views 232
4 Beds
2.5 Baths
2,794 Sq Ft
$247 Price per Sq Ft

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Porch
  • Cassidy Elementary School Rated A
  • Neighborhood Views
  • Eat-In Kitchen

About This Home

This home is located at 723 Melrose Ave, Lexington, KY 40502 and is currently priced at $690,000, approximately $246 per square foot. This property was built in 1927. 723 Melrose Ave is a home located in Fayette County with nearby schools including Cassidy Elementary School, Morton Middle School, and Henry Clay High School.

Listing Agent

J. Richard Queen

Turf Town Properties License #198662 Listed on: 08/28/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,801

Year Built

  • Built in 1927

Lot Details

  • 6,299 Sq Ft Lot
  • Wood Fence
  • Wire Fence

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Veneer
  • Block Foundation
  • Dimensional Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,794 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Blinds
  • Insulated Doors
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space

Schools

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

Additional Features

  • Porch
  • Forced Air Zoned Heating and Cooling System

Community Details

  • Hollywood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10943130

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,801

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Structure Type: House
  • Year Built: 1927
  • Above Grade Finished Sq Ft: 2794.0
  • Levels: One and One Half
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Roof:Dimensional Style: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Wood2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Architectural Style:Cape Cod: Yes
  • Cooling:Zoned: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Flooring: Hardwood, Tile, Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Crawl Space, Partial, Sump Pump, Unfinished
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Living Room, Masonry
  • Fireplace: Yes
  • LivingArea: 2794.0
  • Lot Size Area: 0.14
  • Window Features: Blinds, Insulated Windows
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:Partial: Yes
  • Basement:Sump Pump: Yes

Exterior Features

  • Roof: Dimensional Style, Shingle
  • Construction Materials: Vinyl Siding, Other, Brick Veneer
  • Fencing: Wood
  • Foundation Details: Block
  • List Price: 690000.0
  • Patio And Porch Features: Patio, Porch
  • View: Neighborhood
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Storm Door(s): Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached Garage, Driveway, Garage Door Opener, Garage Faces Front, Off Street
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Other
  • Cooling: Electric, Zoned, Other
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6299.0
  • Parcel Number: 10943130

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,801 $550,000 $0 $0
2023 $6,801 $550,000 $0 $0
2022 $7,026 $550,000 $0 $0
2021 $4,608 $360,700 $0 $0
2020 $4,608 $360,700 $0 $0
2019 $4,608 $360,700 $0 $0
2018 $3,704 $290,000 $0 $0
2017 $3,530 $290,000 $0 $0
2015 $2,182 $290,000 $0 $0
2014 $2,182 $195,000 $0 $0
2012 $2,182 $195,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $690,000 +25.5% $247 / Sq Ft
12/30/2021 12/30/21 Sold $550,000 -1.8% $186 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $560,000 -- $190 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $1,800,000 None Listed On Document
Deed $550,000 --
Deed -- --
Deed $195,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $494,900 Purchase Money Mortgage
Previous Owner $110,000 Unknown
Previous Owner $2,970,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25019150

ImagineMLS (Bluegrass REALTORS®)

APN: 10943130