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Backup Offers

287 Lake Wales Dr, Lexington, KY, 40515

$274,900

Home List Price

$3,264*

Closing Credit

2 Bedrooms
2 Full Baths
House

Location

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287 Lake Wales Dr, Lexington$274,900

Buyer Closing Credits

$3,264*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Driveway
Year Built1990
HeatingElectric
CoolingElectric
FireplaceLiving Room, Electric
MLS #24018285
Lot Size0.25 Acres
StatusAccepting Backup Offers
(Contingent)

About 287 Lake Wales Dr

Enjoy one level living in this all brick ranch home conveniently located near Richmond Road and minutes away from Hamburg Pavilion and Interstate 75. As you pull up to the property, you'll appreciate the level front yard with tasteful landscaping giving this home beautiful curb appeal. When you're ready to come inside, you'll be greeted by an inviting living space featuring a part of Lexington's history with a large bookcase from the Gratz Park Inn. With the cool evenings ahead of us, stay comfortable with the ambience of the electric fireplace. The kitchen features ample cabinet space, stainless steel appliances, and a quaint dining area for entertaining guests. At the rear of the home, you'll find 2 spaciously size suites each featuring their own bathroom and walk in closet. The Primary Suite also features a home office / bonus area with endless possibilities. At the end of the day, relax on the large covered patio that overlooks the spacious fenced in backyard complete with fire pit for the upcoming fall evenings. Schedule your private showing today.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1990
  • Stories: 1

Listing Office:

  • Office Name: Distinctive Living
  • Office Phone: (859) 229-8452

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Refrigerator, Range, Microwave
  • Flooring Type: Carpet, Tile, Laminate
  • Interior: Ceiling Fan(s), Primary First Floor, Bedroom First Floor
  • Fireplace: Living Room, Electric

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Other

Directions Information:

  • Directions: Man O War to Beaver Creek, Left on Lake Wales Drive, House on the Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $274,900

Tax Information:

  • Annual Amount: $1,661
  • 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

287 Lake Wales Dr vs Lexington

71 DAYS ON ROCKET

+49 Days

$274,900

-$49.8K Less

KEY TAKEAWAY

This property is $49.8K less than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24018285

Listing Office:

  • Office Name: Distinctive Living
  • Office Phone: (859) 229-8452

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, 2:20:55 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

Jul 09, 2013Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,661$130,000
2019$1,661$130,000
2018$1,661$130,000

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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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-319241
4
/10

  • Liberty Elementary School

  • 2585 Liberty Rd

  • 1.74 miles

  • Public District Grades KG-5

school-card-donut-319242
6
/10

  • Breckinridge Elementary School

  • 2101 Saint Mathilda Dr

  • 1.92 miles

  • Public District Grades KG-5

school-card-donut-319243
7
/10

  • Squires Elementary School

  • 3337 Squire Oak Dr

  • 1.96 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 $38,289. Typical income of Lexington, KY residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 287 Lake Wales Dr

What is the listing price of this property?

The listing price of 287 Lake Wales Dr property is $274,900.

What type of property is this?

The property 287 Lake Wales Dr is a house located in Lexington, Kentucky, 40515.

Is this property for sale now?

Accepting Backup Offers: 287 Lake Wales Dr 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 $1,661 (source: MLS/based on county public records data).

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

The last sale was on July 9, 2013 for $130,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 287 Lake Wales Dr has 2 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 287 Lake Wales Dr is 1990.

Rocket Homes›Kentucky›Fayette County›Lexington›40515›287 Lake Wales Dr

This home is located at 287 Lake Wales Dr in Lexington, KY and zip code 40515 in the District 7 neighborhood. This home, which was built in 1990, sits on a 0.25 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $274,900.

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. Between September 2024 and October 2024, Lexington, KY real estate market has seen increase in the number of listings by 1.6%. 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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