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Backup Offers

1162 Martin St, Lexington, KY, 40508

$158,000

Home List Price

$1,876*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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1162 Martin St, Lexington$158,000

Buyer Closing Credits

$1,876*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1919
HeatingElectric, Heat Pump
CoolingElectric
MLS #24022603
Lot Size0.09 Acres
StatusAccepting Backup Offers
(Contingent)

About 1162 Martin St

Charming, Fully Remodeled Home in the Heart of Lexington! This beautifully renovated 2-bedroom, 1-bath home at 1162 Martin Street has it all! Step inside to enjoy the luxury of a brand-new roof, new siding, and fresh curb appeal. The interior boasts all-new stainless steel appliances, modern lighting fixtures, and a completely renovated bathroom. With a new HVAC system and water heater, you'll enjoy both style and peace of mind in this hassle-free, move-in-ready home. Located close to downtown Lexington, shopping, dining, and entertainment options, you'll have easy access to everything the city has to offer. Perfect for first-time buyers or anyone looking for a turnkey gem in a convenient location!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1919
  • Stories: 1

Listing Office:

  • Office Name: Allied Realty
  • Office Phone: (859) 494-9003

Interior Features

Interior Information:

  • Appliances: Microwave, Electric Water Heater, Refrigerator, Range
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fan(s), Breakfast Bar, Primary First Floor, Bedroom First Floor

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Electric

Other

Directions Information:

  • Directions: Head east on Main Street toward Midland Avenue. Turn left onto Midland Avenue and continue for about a mile. Turn right onto East Third Street. Continue on East Third Street for a short distance, then turn left onto Martin Street. Follow Martin Street until you reach 1162 Martin Street, which will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $158,000

Tax Information:

  • Annual Amount: $64
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$324.7K

Med. Price/SqFt

$146

Avg. Days On Market

22

# of Sold Homes

279

1162 Martin St vs Lexington

28 DAYS ON ROCKET

+6 Days

$158,000

-$166.7K Less

KEY TAKEAWAY

This property is $166.7K less than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24022603

Listing Office:

  • Office Name: Allied Realty
  • Office Phone: (859) 494-9003

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: 11/23/2024, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$64$5,000
2019$64$5,000
2018$64$5,000

History based on county public records data.

Payment Calculator

$856

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$540

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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-937925
1
/10
  • Harrison Elementary School

  • 161 Bruce St

  • 0.89 miles

  • Public District Grades PK-5

school-card-donut-937926
2
/10
  • Cardinal Valley Elementary School

  • 218 Mandalay Rd

  • 1.44 miles

  • Public District Grades PK-5

school-card-donut-937927
2
/10
  • Booker T. Washington Elementary School

  • 707 Howard St

  • 1.50 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,810. Typical income of Lexington, KY residents is less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1162 Martin St

What is the listing price of this property?

The listing price of 1162 Martin St property is $158,000.

What type of property is this?

The property 1162 Martin St is a house located in Lexington, Kentucky, 40508.

Is this property for sale now?

Accepting Backup Offers: 1162 Martin St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $64 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1162 Martin St has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1162 Martin St is 1919.

Rocket Homes›Kentucky›Fayette County›Lexington›40508›1162 Martin St

This home is located at 1162 Martin St in Lexington, KY and zip code 40508 in the District 2 neighborhood. This home, which was built in 1919, sits on a 0.09 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $158,000.

While more than 60 listings in Lexington, KY in October 2024 were sold above asking price, there were more than 59 listings sold at asking price, and more than 160 were sold below. Between September 2024 and October 2024, Lexington, KY real estate market has seen increase in the number of listings by 1.6%. In October 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $324,770.

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

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