new - 7 days on rocket

3508 Cephas Way, Lexington, KY, 40503

$625,000

Home List Price

$7,422*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

3508 Cephas Way, Lexington$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Year Built1989
HeatingForced Air, Natural Gas
CoolingElectric
BasementYes
FireplaceBasement, Family Room, Great Room, Masonry
MLS #24022463
Lot Size0.17 Acres
StatusActive

About 3508 Cephas Way

This beautiful 5-bedroom, 3.5-bath home in South Lexington is truly exceptional. Close to everything including UK, Lexington Airport, the Summit and so much more. With two cozy fireplaces, it adds warmth and charm to the living spaces. The fenced yard offers privacy and is perfect for outdoor activities. The huge bonus room is versatile--ideal for a home office, playroom, or entertainment area. Plus, the finished walk-out basement provides even more options for guests or recreation. This property combines comfort and functionality. Check out this home today!!

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Stories: 2

Listing Office:

  • Office Name: Bluegrass Home Group
  • Office Phone: (859) 687-1010

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Breakfast Bar, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Entrance Foyer, Walk-In Closet(s)
  • Fireplace: Basement, Family Room, Great Room, Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

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

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Lafayette High School, Public Magnet Grades 9-12
  • Jessie M Clark Middle School, Public District Grades 6-8
  • Stonewall Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Harrodsburg Road turn Left on Man o War Blvd. to a Left on Boston Road to a Left on Stone Creek Dr. to Cephas Way make a Right. Home is on the Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000

Tax Information:

  • Annual Amount: $2,962
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Lexington, KY.

Map thumbnail provided by MapBox

Lexington, KY

City

Med. Sold Price

$322.8K

Med. Price/SqFt

$151

Avg. Days On Market

27

# of Sold Homes

249

3508 Cephas Way vs Lexington

7 DAYS ON ROCKET

-20 Days

$625,000

+$302.1K More

KEY TAKEAWAY

This property is $302.1K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24022463

Listing Office:

  • Office Name: Bluegrass Home Group
  • Office Phone: (859) 687-1010

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: 10/31/2024, 8:20:53 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

Aug 10, 2015Home Sold
$261,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,962$261,000
2019$2,962$261,000
2018$2,962$261,000

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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.

Elementary School

school-card-donut-848674
6
/10

  • Stonewall Elementary School

  • 3215 Cornwall Dr

  • 1.10 miles

  • Public District Grades KG-5

Middle School

school-card-donut-848675
7
/10

  • Jessie M Clark Middle School

  • 3341 Clays Mill Rd

  • 0.93 miles

  • Public District Grades 6-8

High School

school-card-donut-848676
8
/10

  • Lafayette High School

  • 401 Reed Ln

  • 3.22 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,000. Residents of Lexington, KY typically earn between $35k-100k each year. Most families are 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 3508 Cephas Way

What is the listing price of this property?

The listing price of 3508 Cephas Way property is $625,000.

What type of property is this?

The property 3508 Cephas Way is a house located in Lexington, Kentucky, 40503.

Is this property for sale now?

Active Listing: 3508 Cephas Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3508 Cephas Way are:
Stonewall Elementary School: GreatSchools Rating 6/10
Jessie M Clark Middle School: GreatSchools Rating 7/10
Lafayette High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,962 (source: MLS/based on county public records data).

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

The last sale was on August 10, 2015 for $261,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3508 Cephas Way has 5 bedrooms and 3 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 3508 Cephas Way is 1989.

Rocket Homes›Kentucky›Fayette County›Lexington›40503›3508 Cephas Way

This home is located at 3508 Cephas Way in Lexington, KY and zip code 40503 in the District 9 neighborhood. This home, which was built in 1989, sits on a 0.17 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $625,000.

Lexington, KY housing market in September 2024 saw over 45 listings sold above listed price, more than 64 sold at listed price and over 140 sold below. Between August 2024 and September 2024, Lexington, KY real estate market has seen decrease in the number of listings by 0.8%. Listings spent 27 days on the market in September 2024, and had a median list price of $322,809 during the same period.

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

More Resources