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3508 Cephas Way, Lexington, KY, 40503

$549,000

Home List Price

$6,519*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
House

Location

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3508 Cephas Way, Lexington$549,000

Buyer Closing Credits

$6,519*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Driveway
Year Built1989
HeatingNatural Gas, Forced Air
CoolingElectric
BasementYes
FireplaceBasement, Masonry, Great Room, Family Room
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!! Some photos have been virtually staged.

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

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

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

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

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

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: $549,000

Tax Information:

  • Annual Amount: $2,962
  • 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

$325.1K

Med. Price/SqFt

$144

Avg. Days On Market

21

# of Sold Homes

237

3508 Cephas Way vs Lexington

58 DAYS ON ROCKET

+37 Days

$549,000

+$223.8K More

KEY TAKEAWAY

This property is $223.8K 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: 12/21/2024, 7:21:01 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

$2,808

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,712

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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-763871
8
/10

  • Wellington Elementary School

  • 3280 Keithshire Way

  • 0.66 miles

  • Public District Grades PK-5

school-card-donut-763872
6
/10

  • Stonewall Elementary School

  • 3215 Cornwall Dr

  • 1.08 miles

  • Public District Grades KG-5

school-card-donut-763873
3
/10

  • Southern Elementary School

  • 340 Wilson Downing Rd

  • 2.12 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 $65,000. Residents of Lexington, KY typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

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 $549,000.

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 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 $549,000.

While more than 44 listings in Lexington, KY in November 2024 were sold above asking price, there were more than 65 listings sold at asking price, and more than 128 were sold below. The number of listings in Lexington, KY decreased by 4.7% between October 2024 and November 2024. Listings spent 21 days on the market in November 2024, and had a median list price of $325,139 during the same period.

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

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