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Backup Offers

1601 Martha Ct, Lexington, KY, 40505

$260,000

Home List Price

$3,088*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
House

Location

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1601 Martha Ct, Lexington$260,000

Buyer Closing Credits

$3,088*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Other
Year Built1974
HeatingElectric, Heat Pump
CoolingElectric
BasementYes
FireplaceFamily Room, Masonry
MLS #25000056
Lot Size0.43 Acres
StatusAccepting Backup Offers
(Contingent)

About 1601 Martha Ct

Diamond in the rough. Excellent opportunity to make this 4 Bedroom, 2.5 Bath home with 2,178 sf located on a cul-de-sac with an oversized 2 car attached garage and a 960 sf detached garage with an additional loft.... your own. This home features covered front and rear porches, an entry foyer, living room, dining room, eat-in kitchen with stainless appliances which is open to the family room with fireplace. The 2nd level features the primary suite with full bath, and 2 additional bedrooms with shared full bath. The lower level has a half bath and utility room in addition to the family room. This is a hidden gem waiting for your personal touches. Located inside New Circle Road close to shopping, parks, restaurants and more. Plan your showing today.

Property Details

Property Features

Property Information:

  • Year Built: 1974
  • Stories: 1

Listing Office:

  • Office Name: Bluegrass Sotheby's International Realty
  • Office Phone: (859) 268-0099

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Range, Microwave
  • Basement: Yes
  • Flooring Type: Carpet, Tile, Other
  • Interior: Dining Area, Breakfast Bar, Entrance Foyer, Bedroom First Floor, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: Family Room, Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck, Storm Door(s), Patio

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.43 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Electric

Other

Directions Information:

  • Directions: New Circle Road to Eastland Parkway. Right on Martha Court. Home is on your Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $260,000

Tax Information:

  • Annual Amount: $2,523
  • 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

$325.3K

Med. Price/SqFt

$143

Avg. Days On Market

27

# of Sold Homes

244

1601 Martha Ct vs Lexington

2 DAYS ON ROCKET

-25 Days

$260,000

-$65.3K Less

KEY TAKEAWAY

This property is $65.3K less than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #25000056

Listing Office:

  • Office Name: Bluegrass Sotheby's International Realty
  • Office Phone: (859) 268-0099

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. © 2025 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: 1/5/2025, 1:21:05 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

Dec 10, 2012Home Sold
$170,000
Jun 07, 2012Home Sold
$173,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,523$197,500
2019$2,523$197,500
2018$2,172$170,000

History based on county public records data.

Payment Calculator

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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NMLS#3030

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-459512
4
/10

  • Yates Elementary School

  • 695 E New Circle Rd

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-459513
3
/10

  • Dixie Magnet Elementary School

  • 1940 Eastland Pkwy

  • 0.71 miles

  • Public Magnet Grades PK-5

school-card-donut-459514
2
/10

  • Deep Springs Elementary School

  • 1919 Brynell Dr

  • 0.90 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 $22,838. The most common annual income of people living in Lexington, KY is less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1601 Martha Ct

What is the listing price of this property?

The listing price of 1601 Martha Ct property is $260,000.

What type of property is this?

The property 1601 Martha Ct is a house located in Lexington, Kentucky, 40505.

Is this property for sale now?

Accepting Backup Offers: 1601 Martha Ct 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 $2,523 (source: MLS/based on county public records data).

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

The last sale was on December 10, 2012 for $170,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1601 Martha Ct has 4 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 1601 Martha Ct is 1974.

Rocket Homes›Kentucky›Fayette County›Lexington›40505›1601 Martha Ct

This home is located at 1601 Martha Ct in Lexington, KY and zip code 40505 in the Eastland Parkway neighborhood. This home, which was built in 1974, sits on a 0.43 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 02, 2025 and is currently priced at $260,000.

In December 2024, from all listings sold in Lexington, KY there were more than 28 sold above asking price, over 155 sold below and more than 61 were sold right at the asked price. The inventory of homes for sale in Lexington, KY between November 2024 and December 2024 decreased by 11.9%. While the average time on the market in December 2024 was 27 days, the median list price was $325,302.

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

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