3 months on rocket

1123 Gainesway Dr, Lexington, KY, 40517

$340,000

Home List Price

$4,038*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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1123 Gainesway Dr, Lexington$340,000

Buyer Closing Credits

$4,038*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1964
HeatingNatural Gas
CoolingElectric
BasementYes
MLS #24016793
Lot Size0.28 Acres
StatusActive

About 1123 Gainesway Dr

Spacious home in Gainesway is ready for new owners.The first floor has 3 bedrooms and a full bath, open concept kitchen and family room. The basement has a large space that was used as the primary bedroom, an additional full bath, laundry are and lots of storage. Nice private, fenced backyard. The hot tub and grill convey with purchase. Freshly painted.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1964
  • Stories: 1

Listing Office:

  • Office Name: The Brokerage
  • Office Phone: (859) 983-7365

Interior Features

Interior Information:

  • Appliances: Cooktop, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood, Laminate, Tile
  • Interior: Bedroom First Floor, Breakfast Bar, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck, Hot Tub, Patio, Porch

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Electric

Other

Directions Information:

  • Directions: Tates Creek Rd to Gainesway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $340,000

Tax Information:

  • Annual Amount: $2,207
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lexington, KY.

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Lexington, KY

City

Med. Sold Price

$324.7K

Med. Price/SqFt

$146

Avg. Days On Market

22

# of Sold Homes

279

1123 Gainesway Dr vs Lexington

98 DAYS ON ROCKET

+76 Days

$340,000

+$15.2K More

KEY TAKEAWAY

This property is $15.2K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24016793

Listing Office:

  • Office Name: The Brokerage
  • Office Phone: (859) 983-7365

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 2:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 03, 2020Home Sold
$172,800
May 18, 2011Home Sold
$168,000
Jan 03, 2011Home Sold
$170,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,207$172,800
2019$2,207$172,800
2018$2,172$170,000

History based on county public records data.

Payment Calculator

$1,764

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,086

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-552647
3
/10

  • Tates Creek Elementary School

  • 1113 Centre Pkwy

  • 0.43 miles

  • Public District Grades PK-5

school-card-donut-552648
4
/10

  • Julius Marks Elementary School

  • 3277 Pepperhill Rd

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-552649
2
/10

  • Millcreek Elementary School

  • 1212 Reva Ridge Way

  • 1.07 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,780. Typical income of Lexington, KY residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1123 Gainesway Dr

What is the listing price of this property?

The listing price of 1123 Gainesway Dr property is $340,000.

What type of property is this?

The property 1123 Gainesway Dr is a house located in Lexington, Kentucky, 40517.

Is this property for sale now?

Active Listing: 1123 Gainesway Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,207 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 3, 2020 for $172,800. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1123 Gainesway Dr has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 1123 Gainesway Dr is 1964.

Rocket Homes›Kentucky›Fayette County›Lexington›40517›1123 Gainesway Dr

This home is located at 1123 Gainesway Dr in Lexington, KY and zip code 40517 in the District 8 neighborhood. This home, which was built in 1964, sits on a 0.28 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 11, 2024 and is currently priced at $340,000.

In October 2024 more than 60 listings in Lexington, KY were sold above the asking price. During the same period more than 59 listings were sold at asking price, while more than 160 were sold below. The inventory of homes for sale in Lexington, KY between September 2024 and October 2024 increased by 1.6%. Listings spent 22 days on the market in October 2024, and had a median list price of $324,770 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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