3 months on rocket

1313 Leaning Tree Ln, Lexington, KY, 40517

$449,975

Home List Price

$5,343*

Closing Credit

7 Bedrooms
4 Full Baths
3,840 SqFt
$117/SqFt
Multi

Location

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1313 Leaning Tree Ln, Lexington$449,975

Buyer Closing Credits

$5,343*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 - 5 Spaces
Year Built1979
HeatingHeat Pump
CoolingElectric
MLS #24016299
Lot Size0.26 Acres
StatusActive

About 1313 Leaning Tree Ln

This all-brick duplex presents an excellent investment opportunity, offering a strong return of 7%. With nearly 4,000 sq ft, it features two spacious units: one with 4 bedrooms and 2 full bathrooms, and the other with 3 bedrooms and 2 full bathrooms. Each side includes a large eat-in kitchen, a full finished walk-out basement, a living room, and a family room complete with a fireplace.Both units have been recently updated, showcasing fresh paint, new tile, new luxury vinyl plank flooring, and new ceiling fans. The roof was replaced in 2015, adding to the property's appeal. Currently, both sides are rented with up-to-date leases, providing immediate income. Please respect the tenants' privacy; no sign is posted in the yard. The property is being sold as-is, and inspections are welcomed. This is a fantastic addition to any real estate portfolio!

Property Details

Property Features

Property Information:

  • Year Built: 1979
  • Stories: 2
  • Living Area: 3,840 SqFt

Listing Office:

  • Office Name: Positive Property Management
  • Office Phone: (859) 260-1688

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: 1 - 5 Spaces

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Electric

Other

Directions Information:

  • Directions: Alumini to yellowstone to leaning tree

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,975
  • Price Per SqFt: $117/SqFt

Tax Information:

  • Annual Amount: $2,140
  • 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

1313 Leaning Tree Ln vs Lexington

102 DAYS ON ROCKET

+80 Days

$449,975

+$125.2K More

$117/SqFt

-$29 Less

KEY TAKEAWAY

This property is $125.2K more than the Median Sold Price and $29/SqFt less than other homes in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24016299

Listing Office:

  • Office Name: Positive Property Management
  • Office Phone: (859) 260-1688

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 09, 2018Home Sold
$167,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,140$167,500
2019$2,140$167,500
2018$2,140$167,500

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-622882
3
/10

  • Tates Creek Elementary School

  • 1113 Centre Pkwy

  • 1.03 miles

  • Public District Grades PK-5

school-card-donut-622883
4
/10

  • Julius Marks Elementary School

  • 3277 Pepperhill Rd

  • 1.46 miles

  • Public District Grades PK-5

school-card-donut-622884
7
/10

  • Squires Elementary School

  • 3337 Squire Oak Dr

  • 1.50 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 $33,000. Most Lexington, KY residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Kentucky›Fayette County›Lexington›40517›1313 Leaning Tree Ln

This home is located at 1313 Leaning Tree Ln in Lexington, KY and zip code 40517 in the District 8 neighborhood. This 3,840 square foot home, which was built in 1979, sits on a 0.26 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $449,975.

Lexington, KY housing market in October 2024 saw over 60 listings sold above listed price, more than 59 sold at listed price and over 160 sold below. The inventory of homes for sale in Lexington, KY between September 2024 and October 2024 increased by 1.6%. The median list price of listings available in October 2024 was $324,770, while the average time on the real estate market was 22 days.

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

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