862 Charles Ave Lexington, KY 40508
Georgetown NeighborhoodEstimated payment $658/month
Highlights
- Ranch Style House
- No HOA
- Eat-In Kitchen
- Paul Laurence Dunbar High School Rated A
- Neighborhood Views
- Cooling Available
About This Home
Open House this Saturday 9/27 from 12pm-1pm. Looking for your next investment opportunity? This 2-bedroom, 1-bath ranch in Lexington is ready to deliver. Compact and manageable, it's a great fit for first-time investors wanting to break into the rental market or for experienced investors wanting to add a steady performer to their portfolio. This home offers excellent potential for consistent cash flow and long-term growth. A smart move for anyone ready to build or expand their real estate holdings. Centrally located to downtown with easy access to hospitals, University of Kentucky, I-75, I-64, and New circle. Can be sold individually or as a 4 property package. Ask about the other properties we have available. This home is a part of the Affordable Housing Program until 2032. Property is currently rented. Call for more details.
Open House Schedule
-
Saturday, September 27, 202512:00 to 1:00 pm9/27/2025 12:00:00 PM +00:009/27/2025 1:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $918
Year Built
- Built in 2007
Lot Details
- 3,119 Sq Ft Lot
- Chain Link Fence
Parking
- Off-Street Parking
Home Design
- Ranch Style House
- Slab Foundation
- Dimensional Roof
- Vinyl Siding
Interior Spaces
- 960 Sq Ft Home
- Living Room
- Vinyl Flooring
- Neighborhood Views
- Attic Access Panel
- Washer and Electric Dryer Hookup
Kitchen
- Eat-In Kitchen
- Oven or Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Outdoor Features
- Patio
Schools
- Booker T Washington Elementary School
- Winburn Middle School
- Dunbar High School
Utilities
- Cooling Available
- Air Source Heat Pump
- Electric Water Heater
Community Details
- No Home Owners Association
- Douglas Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 14103100
Map
Home Values in the Area
Average Home Value in this Area
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 | $918 | $74,200 | $0 | $0 |
| 2023 | $759 | $61,400 | $0 | $0 |
| 2022 | $784 | $61,400 | $0 | $0 |
| 2021 | $784 | $61,400 | $0 | $0 |
| 2020 | $511 | $40,000 | $0 | $0 |
| 2019 | $511 | $40,000 | $0 | $0 |
| 2018 | $383 | $30,000 | $0 | $0 |
| 2017 | -- | $60,000 | $0 | $0 |
| 2015 | $895 | $70,100 | $0 | $0 |
| 2014 | $895 | $70,100 | $0 | $0 |
| 2012 | $895 | $80,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/24/2025 09/24/25 | Price Changed | $110,000 | -4.3% | $115 / Sq Ft |
| 09/12/2025 09/12/25 | For Sale | $115,000 | -- | $120 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $80,000 | -- | |
| Deed | $60,000 | -- | |
| Deed | $40,000 | -- | |
| Deed | $70,148 | -- | |
| Deed | $63,395 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $52,000 | Stand Alone Refi Refinance Of Original Loan | |
| Open | $85,000 | Unknown | |
| Closed | $85,000 | Stand Alone Refi Refinance Of Original Loan |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25501182
APN: 14103100
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