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Backup Offers

3848 Wem Dr, Lexington, KY, 40517

$259,900

Home List Price

$3,086*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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3848 Wem Dr, Lexington$259,900

Buyer Closing Credits

$3,086*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Driveway
Year Built1972
HeatingNatural Gas
CoolingElectric
MLS #24022697
Lot Size0.18 Acres
StatusAccepting Backup Offers
(Contingent)

About 3848 Wem Dr

*OPEN HOUSE SUN 11/17 2pm-4pm* Looking for a rare find--a two-bath home that's conveniently located near dining, shopping, & downtown? Welcome to this charming ranch-style residence on a spacious corner lot. Nestled in one of Lexington's most desirable neighborhoods, this charming home features three bedrooms and, not just one, but two full bathrooms.Enjoy your morning coffee while taking in the sunrise from the spacious kitchen, thanks to the large sliding door that opens up to the backyard. The outdoor patio offers an ideal space for entertaining, all within the privacy of a fully fenced yard. On any given day, you can easily walk or bike to the nearby grocery stores, coffee & retail shops, all located less than a mile from your new home. In the evenings, unwind in your cozy living room while watching the sunset. The extended driveway provides plenty of parking for both residents & guests, complemented by ample street parking. Recent upgrades include a completely renovated master bathroom ensuite, a new roof in 2024, an updated HVAC system, new carpet, & a fresh coat of paint--the enhancements are plentiful! Don't miss the opportunity to explore this extraordinary home today!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1972
  • Stories: 1

Listing Office:

  • Office Name: Bluegrass Properties Group
  • Office Phone: (859) 619-8888

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Water Heater, Oven, Refrigerator, Range, Microwave
  • Flooring Type: Carpet, Tile
  • Interior: Eat-in Kitchen, Primary First Floor, Bedroom First Floor, Walk-In Closet(s), Security System Owned, Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

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

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Electric

Other

Directions Information:

  • Directions: Nicholasville Rd outbound, left on East Tiverton, Wem Drive is the 4th street on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $259,900

Tax Information:

  • Annual Amount: $1,495
  • 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

3848 Wem Dr vs Lexington

54 DAYS ON ROCKET

+33 Days

$259,900

-$65.2K Less

KEY TAKEAWAY

This property is $65.2K less than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24022697

Listing Office:

  • Office Name: Bluegrass Properties Group
  • Office Phone: (859) 619-8888

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: 12/22/2024, 1:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 17, 2018Home Sold
$108,000
Nov 30, 2011Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,495$117,900
2019$1,495$117,900
2018$1,369$108,000

History based on county public records data.

Payment Calculator

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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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-840070
3
/10

  • Southern Elementary School

  • 340 Wilson Downing Rd

  • 0.45 miles

  • Public District Grades PK-5

school-card-donut-840071
3
/10

  • Lansdowne Elementary School

  • 336 Redding Rd

  • 1.10 miles

  • Public District Grades PK-5

school-card-donut-840072
6
/10

  • Veterans Park Elementary School

  • 4351 Clearwater Way

  • 1.45 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 $57,910. Typical income of Lexington, KY residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3848 Wem Dr

What is the listing price of this property?

The listing price of 3848 Wem Dr property is $259,900.

What type of property is this?

The property 3848 Wem Dr is a house located in Lexington, Kentucky, 40517.

Is this property for sale now?

Accepting Backup Offers: 3848 Wem 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 $1,495 (source: MLS/based on county public records data).

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

The last sale was on April 17, 2018 for $108,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3848 Wem Dr has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 3848 Wem Dr is 1972.

Rocket Homes›Kentucky›Fayette County›Lexington›40517›3848 Wem Dr

This home is located at 3848 Wem Dr in Lexington, KY and zip code 40517 in the District 4 neighborhood. This home, which was built in 1972, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $259,900.

Over 44 listings were sold over their listed price in November 2024 in Lexington, KY. In the same period over 128 listings were sold below the listed price and 65 listings were sold for the listed price. The number of homes for sale in Lexington, KY decreased by 4.7% between October 2024 and November 2024. While the average time on the market in November 2024 was 21 days, the median list price was $325,139.

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

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