2 months on rocket

2916 Sandersville Rd, Lexington, KY, 40511

$399,000

Home List Price

$4,738*

Closing Credit

4 Bedrooms
3 Full Baths
2,518 SqFt
$158/SqFt
Multi

Location

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2916 Sandersville Rd, Lexington$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built2002
HeatingNatural Gas, Forced Air
CoolingHeat Pump
MLS #24022690
Lot Size0.17 Acres
StatusActive

About 2916 Sandersville Rd

Expand your portfolio with this fantastic tenant-occupied property! This spacious 4-bedroom, 3-full-bath home features a full walk-out basement and is situated in a desirable neighborhood, providing consistent rental income until the end of December 2025. The property includes a first-floor primary bedroom for easy accessibility, an eat-in kitchen perfect for gatherings, and a fully fenced yard that offers privacy and a great place to play. Enjoy outdoor entertaining on the deck, adding to the property's appeal. Currently tenant-occupied with a lease in place until December 2025, this home provides immediate cash flow.This property can also be purchased as part of a lucrative investment package, including 820 E Main Street, Danville, a well-maintained 4-plex with multiple income streams, and 132 North Locust, Versailles, another 4-plex that maximizes your rental potential. Don't miss out on this exceptional opportunity to enhance your investment portfolio with three fully occupied properties.

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Living Area: 2,518 SqFt

Listing Office:

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

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Leestown Road to Citation Blvd, Left on Sandersville Road, House on the Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $158/SqFt

Tax Information:

  • Annual Amount: $2,689
  • 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

2916 Sandersville Rd vs Lexington

69 DAYS ON ROCKET

+42 Days

$399,000

+$73.6K More

$158/SqFt

+$15 More

KEY TAKEAWAY

This property is $73.6K more than the Median Sold Price and $15/SqFt more than other homes in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24022690

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, 11:21:01 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$2,689$210,500
2019$2,689$210,500
2018$2,689$210,500

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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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-531083
8
/10

  • Sandersville Elementary School

  • 3025 Sandersville Rd

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-531084
1
/10

  • Coventry Oak Elementary School

  • 2441 Huntly Pl

  • 1.49 miles

  • Public District Grades KG-5

school-card-donut-531085
7
/10

  • Meadowthorpe Elementary School

  • 1710 N Forbes Rd

  • 1.97 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 $80,858. Most Lexington, KY residents have annual incomes between $35k-100k. Most families are married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Kentucky›Fayette County›Lexington›40511›2916 Sandersville Rd

This home is located at 2916 Sandersville Rd in Lexington, KY and zip code 40511 in the District 2 neighborhood. This 2,518 square foot home, which was built in 2002, sits on a 0.17 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $399,000.

Lexington, KY housing market in December 2024 saw over 28 listings sold above listed price, more than 61 sold at listed price and over 155 sold below. The inventory of homes for sale in Lexington, KY between November 2024 and December 2024 decreased by 11.9%. Listings spent 27 days on the market in December 2024, and had a median list price of $325,302 during the same period.

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

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