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Backup Offers

2853 Mahala Ln, Lexington, KY, 40509

$432,000

Home List Price

$5,130*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
House

Location

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2853 Mahala Ln, Lexington$432,000

Buyer Closing Credits

$5,130*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built2006
HeatingElectric
CoolingHeat Pump
BasementYes
FireplaceBasement, Gas Fireplace
MLS #24022694
Lot Size0.16 Acres
StatusAccepting Backup Offers
(Contingent)

About 2853 Mahala Ln

**Seller offering 1 year home warranty of buyer's choice** Welcome to your beautiful new home in 40509! Cul-de-sac living that's close to Costco, I-75, newly built Central Baptist Hospital, Starbucks, future UK Hospital, and so much more! You are welcomed into the charming foyer where you'll notice the beautiful hardwood floors, open and airy floorplan, and lovely dining room. An accessible half bath is located on the first floor for guests. Upstairs you'll find your spacious primary retreat with ensuite, two perfectly placed guest bedrooms that share an ample sized full bathroom, and a conveniently located, Pinterest inspired laundry room! Your generously sized basement is the perfect space to tailor to your needs! Game nights, exercise space OR the murphy bed in the basement will convey with the home to allow a new buyer to utilize the basement as an extra bedroom for guests. There is a generously sized full bathroom in the basement that adds to the versatility! New deck, new fence, new siding! Unbeatable outdoor space in the middle of Hamburg

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Stories: 2

Listing Office:

  • Office Name: Guide Realty, Inc.
  • Office Phone: (859) 263-0305

Interior Features

Interior Information:

  • Appliances: Dishwasher, Oven, Electric Water Heater, Refrigerator, Microwave
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl, Tile, Hardwood
  • Interior: Dining Area, Entrance Foyer, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: Basement, Gas Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Man-o-War to Blackford Parkway, turn Right on Bledsoe Place, turn Right on Mahala Lane, follow to the end of the street to the cul-de-sac, House is on the Right. OR Man-o-War to Polo Club Blvd, Turn Left on Barrington Lane, turn left on Scottish Terrace, turn left on Constantine Ave., turn left on Mahala Lane, Home is on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $432,000

Tax Information:

  • Annual Amount: $3,513
  • 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

2853 Mahala Ln vs Lexington

24 DAYS ON ROCKET

+2 Days

$432,000

+$107.2K More

KEY TAKEAWAY

This property is $107.2K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24022694

Listing Office:

  • Office Name: Guide Realty, Inc.
  • Office Phone: (859) 263-0305

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: 11/21/2024, 11:55:52 PM 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 14, 2016Home Sold
$275,000
Dec 14, 2016Home Sold
$275,000
Sep 25, 2015Home Sold
$260,000
Jun 21, 2012Home Sold
$223,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,513$275,000
2019$3,513$275,000
2018$3,513$275,000

History based on county public records data.

Payment Calculator

$2,224

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,362

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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-479282
7
/10

  • Garrett Morgan Elementary School

  • 1150 Passage Mound Way

  • 1.31 miles

  • Public District Grades PK-5

school-card-donut-479283
4
/10

  • Liberty Elementary School

  • 2585 Liberty Rd

  • 1.76 miles

  • Public District Grades KG-5

school-card-donut-479284
9
/10

  • Athens-Chilesburg Elementary School

  • 930 Jouett Creek Dr

  • 2.19 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $110,204. Residents of Lexington, KY typically earn between $100k-200k each year. Typical family type is married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Lexington, KY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Lexington, KY?

The housing landscape in Lexington is characterized by a diverse array of options, with single-family homes being a significant component of the market. Architectural styles vary, with a mix of historic homes that reflect the city's rich past and contemporary designs that cater to modern preferences. The market also includes a selection of apartments and townhouses, providing alternatives for those seeking different living arrangements. The homeownership rate in Lexington is robust, with a substantial portion of residents owning their homes, while the remainder are engaged in the rental market.

Is Lexington, KY a good place to live?

Lexington is celebrated for its vibrant equestrian culture and is often referred to as the 'Horse Capital of the World.' The community prides itself on its picturesque landscapes, with rolling hills and horse farms defining much of the area's character. Local events such as the annual Kentucky Three-Day Event showcase the city's deep connection to horse racing and equestrian activities, reflecting the unique identity and values of the community.

Are things conveniently located in Lexington, KY?

The community benefits from a well-rounded array of services, including a network of public schools that serve the educational needs from elementary through high school. Lexington also hosts a number of private educational institutions, some with religious affiliations, offering additional choices for residents. Healthcare facilities are comprehensive, with major hospitals providing a range of services from urgent care to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining experiences are plentiful, with options that mirror the local culture and cuisine.

What does the transportation in Lexington, KY look like?

Lexington's transport infrastructure supports both private and public transit options, with a public bus system that operates on a set schedule, facilitating movement around the city. While specific ride-sharing statistics are not mentioned, such services are available to complement the public transportation system. The city features areas that are pedestrian-friendly, particularly in the downtown region, and efforts have been made to improve bikeability. A network of roads and highways, including the New Circle Road and major routes like I-75 and I-64, aid in efficient commuting and travel to and from Lexington.

Frequently Asked Questions About 2853 Mahala Ln

What is the listing price of this property?

The listing price of 2853 Mahala Ln property is $432,000.

What type of property is this?

The property 2853 Mahala Ln is a house located in Lexington, Kentucky, 40509.

Is this property for sale now?

Accepting Backup Offers: 2853 Mahala Ln 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 $3,513 (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 14, 2016 for $275,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2853 Mahala Ln has 3 bedrooms and 3 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 2853 Mahala Ln is 2006.

Rocket Homes›Kentucky›Fayette County›Lexington›40509›2853 Mahala Ln

This home is located at 2853 Mahala Ln in Lexington, KY and zip code 40509. This home, which was built in 2006, sits on a 0.16 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $432,000.

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. In October 2024 in Lexington, KY there were 1.6% more homes for sale than in September 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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