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Backup Offers

2824 Snow Rd, Lexington, KY, 40517

$500,000

Home List Price

$5,938*

Closing Credit

8 Bedrooms
4 Full Baths
Multi

Location

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2824 Snow Rd, Lexington$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Parking11 - 20 Spaces
Year Built1979
MLS #24022025
Lot Size0.52 Acres
StatusAccepting Backup Offers
(Contingent)

About 2824 Snow Rd

Incredible investment opportunity in the heart of Lexington! 2824 Snow Road is a 4-unit brick veneer apartment building that combines modern living with a convenient location. All four units have been fully remodeled. Each unit offers 2 bedrooms, one full bath, in unit laundry, and a patio or balcony. Exterior features - newer roof, windows, doors, gutters and more! Interior has many updates including remodeled kitchens, bathrooms, appliances, flooring and more! This building is 100% occupied, ensuring a steady income stream from day one. The property is strategically located next to a daycare, making it an attractive option for tenants seeking comfort and convenience.Additionally, there is a second building also available for sale 2820 Snow Road, presenting a unique opportunity for investors looking to expand their portfolio in a thriving market. Don't miss out on this excellent investment opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1979
  • Stories: 2

Listing Office:

  • Office Name: The Real Estate Group
  • Office Phone: (859) 492-8861

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: 11 - 20 Spaces

Lot Features

Lot Information:

  • Lot Size: 0.52 Acres

Other

Directions Information:

  • Directions: Alumni Dr to Yellowstone to Winter Garden, left on Snow, both buildings on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000

Tax Information:

  • Annual Amount: $2,350
  • 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

2824 Snow Rd vs Lexington

17 DAYS ON ROCKET

-5 Days

$500,000

+$175.2K More

KEY TAKEAWAY

This property is $175.2K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24022025

Listing Office:

  • Office Name: The Real Estate Group
  • Office Phone: (859) 492-8861

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$2,350$184,000
2019$2,350$184,000
2018$2,350$184,000

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-694307
3
/10

  • Tates Creek Elementary School

  • 1113 Centre Pkwy

  • 1.46 miles

  • Public District Grades PK-5

school-card-donut-694308
7
/10

  • Squires Elementary School

  • 3337 Squire Oak Dr

  • 1.56 miles

  • Public District Grades PK-5

school-card-donut-694309
4
/10

  • Julius Marks Elementary School

  • 3277 Pepperhill Rd

  • 1.85 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 $39,067. Typical income of Lexington, KY residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Kentucky›Fayette County›Lexington›40517›2824 Snow Rd

This home is located at 2824 Snow Rd in Lexington, KY and zip code 40517 in the District 7 neighborhood. This home, which was built in 1979, sits on a 0.52 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $500,000.

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. In October 2024 in Lexington, KY there were 1.6% more homes for sale than in September 2024. In October 2024 median list price was $324,770 and the average listing age was 22 days.

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

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