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Backup Offers

385 Preston Ave, Lexington, KY, 40502

$252,000

Home List Price

$2,993*

Closing Credit

4 Bedrooms
1 Full Bath
House

Location

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385 Preston Ave, Lexington$252,000

Buyer Closing Credits

$2,993*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Year Built1987
HeatingBaseboard, Forced Air
CoolingElectric
MLS #24013700
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Contingent)

About 385 Preston Ave

Well kept Cape Cod on popular Kenwick. Corner lot, 2 car garage, wonderful deck.. Lovely plantings.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1987
  • Stories: 1

Listing Office:

  • Office Name: Turf Town Properties
  • Office Phone: (859) 268-4663

Interior Features

Interior Information:

  • Flooring Type: Carpet, Laminate
  • Interior: Bedroom First Floor, Breakfast Bar, Dining Area

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air
  • Cooling: Electric

Other

Directions Information:

  • Directions: Richmond Rd to Preston

Price Information

Listing Price Info

Price Summary:

  • List Price: $252,000

Tax Information:

  • Annual Amount: $752
  • 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

385 Preston Ave vs Lexington

141 DAYS ON ROCKET

+119 Days

$252,000

-$72.7K Less

KEY TAKEAWAY

This property is $72.7K less than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24013700

Listing Office:

  • Office Name: Turf Town Properties
  • Office Phone: (859) 268-4663

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: 11/21/2024, 2:20:55 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

Jul 22, 2009Home Sold
$103,000

Tax History

YEARPROP. TAXASSESSMENT
2020$752$98,200
2019$752$98,200
2018$774$98,200

History based on county public records data.

Payment Calculator

$1,325

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$822

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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.

Nearby Schools

school-card-donut-321442
7
/10

  • Ashland Elementary School

  • 195 N Ashland Ave

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-321443
1
/10

  • William Wells Brown Elementary School

  • 555 E Fifth St

  • 0.84 miles

  • Public District Grades PK-5

school-card-donut-321444
6
/10

  • Breckinridge Elementary School

  • 2101 Saint Mathilda Dr

  • 1.02 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 $64,757. The majority of Lexington, KY residents have income between $35k-100k annually. Most 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 385 Preston Ave

What is the listing price of this property?

The listing price of 385 Preston Ave property is $252,000.

What type of property is this?

The property 385 Preston Ave is a house located in Lexington, Kentucky, 40502.

Is this property for sale now?

Accepting Backup Offers: 385 Preston Ave 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 $752 (source: MLS/based on county public records data).

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

The last sale was on July 22, 2009 for $103,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 385 Preston Ave has 4 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 385 Preston Ave is 1987.

Rocket Homes›Kentucky›Fayette County›Lexington›40502›385 Preston Ave

This home is located at 385 Preston Ave in Lexington, KY and zip code 40502 in the Kenwick neighborhood. This home, which was built in 1987, sits on a 0.14 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $252,000.

In October 2024, from all listings sold in Lexington, KY there were more than 60 sold above asking price, over 160 sold below and more than 59 were sold right at the asked price. In October 2024 in Lexington, KY there were 1.6% more homes for sale than in September 2024. While the average time on the market in October 2024 was 22 days, the median list price was $324,770.

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

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