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1541 Summa Meadow Dr, Lexington, KY, 40515

$225,000

Home List Price

$2,672*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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1541 Summa Meadow Dr, Lexington$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Driveway
Year Built1983
HeatingHeat Pump
CoolingHeat Pump
MLS #24020450
Lot Size0.12 Acres
StatusActive

About 1541 Summa Meadow Dr

Move-in ready* located at end of cul-de-sac* close to Buckhorn & Man O War, shopping, and restaurants* freshly painted* new vinyl energy-saving windows* new heavy-duty storm door* large great room* dining area* well-designed kitchen with 2-yr old frig, new range, new sink/with new gooseneck faucet & dishwasher* new kitchen cabinets and granite countertop* 3 bedrooms and updated bath with new vanity* new waterproof laminated flooring throughout* storage area* wood privacy fenced backyard* Can easily qualify for FHA & VA financing.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1983
  • Stories: 1

Listing Office:

  • Office Name: RE/MAX Creative Realty
  • Office Phone: (859) 422-2000

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Range
  • Flooring Type: Laminate
  • Interior: Dining Area, Bedroom First Floor, Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: MOW to Buckhorn dr., Right on Kenesaw, Right on Summa Meadow Dr., house on right toward end of Cul-De-Sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000

Tax Information:

  • Annual Amount: $1,175
  • 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

1541 Summa Meadow Dr vs Lexington

52 DAYS ON ROCKET

+30 Days

$225,000

-$99.7K Less

KEY TAKEAWAY

This property is $99.7K less than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24020450

Listing Office:

  • Office Name: RE/MAX Creative Realty
  • Office Phone: (859) 422-2000

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

Tax History

YEARPROP. TAXASSESSMENT
2020$1,175$92,000
2019$1,175$92,000
2018$1,175$92,000

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-624371
7
/10

  • Squires Elementary School

  • 3337 Squire Oak Dr

  • 0.37 miles

  • Public District Grades PK-5

school-card-donut-624372
2
/10

  • Millcreek Elementary School

  • 1212 Reva Ridge Way

  • 1.19 miles

  • Public District Grades PK-5

school-card-donut-624373
3
/10

  • Tates Creek Elementary School

  • 1113 Centre Pkwy

  • 1.22 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 $60,968. Most Lexington, KY residents have annual incomes between $35k-100k. 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

Frequently Asked Questions About 1541 Summa Meadow Dr

What is the listing price of this property?

The listing price of 1541 Summa Meadow Dr property is $225,000.

What type of property is this?

The property 1541 Summa Meadow Dr is a house located in Lexington, Kentucky, 40515.

Is this property for sale now?

Active Listing: 1541 Summa Meadow 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 $1,175 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1541 Summa Meadow Dr has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1541 Summa Meadow Dr is 1983.

Rocket Homes›Kentucky›Fayette County›Lexington›40515›1541 Summa Meadow Dr

This home is located at 1541 Summa Meadow Dr in Lexington, KY and zip code 40515 in the District 8 neighborhood. This home, which was built in 1983, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $225,000.

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 number of listings in Lexington, KY increased by 1.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 22 days, the median list price was $324,770.

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

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