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Backup Offers

340 New St, Lexington, KY, 40507

$775,000

Home List Price

$9,203*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
House

Location

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340 New St, Lexington$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Other
Year Built1880
HeatingForced Air, Zoned
CoolingOther
FireplaceFamily Room, Great Room, Primary Bedroom, Wood Burning
MLS #24018280
Lot Size0.11 Acres
StatusAccepting Backup Offers
(Contingent)

About 340 New St

Step into history through the original hinged carriage house door of this beautifully restored former carriage home, owned by distinguished former professor of architecture and associate dean for administration, Clyde Carpenter, and once featured on HGTV. The residence blends historic charm with modern amenities, offering incredible customization potential. The massive front door opens into a space defined by a see-through fireplace, elegantly separating the entryway from the spacious living room with a high ceiling supported by original wood and metal tie rod trusses. Skylights bathe the home in natural light, creating a warm, inviting atmosphere. The property offers endless possibilities for personalization, from expanding living spaces to enhancing the outdoor area or customizing interior finishes. With 2 beds and 2.5 baths, the outdoor space includes a peaceful patio with room to grow. Located in downtown Lexington, near Transy and Gratz Park, this home combines urban convenience with serene living, making it a carefully curated piece of history ready to be enjoyed by someone who values both its past and its future.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1880
  • Stories: 2

Listing Office:

  • Office Name: Lifstyl Real Estate
  • Office Phone: (859) 278-7501

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Microwave, Range
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Ceiling Fan(s), Dining Area, Entrance Foyer, Walk-In Closet(s)
  • Fireplace: Family Room, Great Room, Primary Bedroom, Wood Burning

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Zoned
  • Cooling: Other

Other

Directions Information:

  • Directions: Intersection of Main and Broadway, turn right in N broadway Rd, turn right in Mill st, then right in New st. Property on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000

Tax Information:

  • Annual Amount: $5,016
  • 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

340 New St vs Lexington

79 DAYS ON ROCKET

+57 Days

$775,000

+$450.2K More

KEY TAKEAWAY

This property is $450.2K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24018280

Listing Office:

  • Office Name: Lifstyl Real Estate
  • Office Phone: (859) 278-7501

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, 6:20:53 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$5,016$432,000
2019$5,016$432,000
2018$5,038$432,000

History based on county public records data.

Payment Calculator

$3,935

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

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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-675314
1
/10

  • Harrison Elementary School

  • 161 Bruce St

  • 0.28 miles

  • Public District Grades PK-5

school-card-donut-675315
1
/10

  • William Wells Brown Elementary School

  • 555 E Fifth St

  • 0.94 miles

  • Public District Grades PK-5

school-card-donut-675316
5
/10

  • Maxwell Spanish Immersion Elementary School

  • 301 Woodland Ave

  • 1.02 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,907. The majority of Lexington, KY residents have income less than $35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 340 New St

What is the listing price of this property?

The listing price of 340 New St property is $775,000.

What type of property is this?

The property 340 New St is a house located in Lexington, Kentucky, 40507.

Is this property for sale now?

Accepting Backup Offers: 340 New St 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 $5,016 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 340 New St has 2 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 340 New St is 1880.

Rocket Homes›Kentucky›Fayette County›Lexington›40507›340 New St

This home is located at 340 New St in Lexington, KY and zip code 40507 in the Gratz Park neighborhood. This home, which was built in 1880, sits on a 0.11 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $775,000.

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. Between September 2024 and October 2024, Lexington, KY real estate market has seen increase in the number of listings by 1.6%. Listings spent 22 days on the market in October 2024, and had a median list price of $324,770 during the same period.

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

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