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Backup Offers

4048 Palmetto Dr, Lexington, KY, 40513

$519,900

Home List Price

$6,174*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
House

Location

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4048 Palmetto Dr, Lexington$519,900

Buyer Closing Credits

$6,174*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1991
HeatingForced Air
CoolingElectric
FireplaceBasement, Family Room, Gas Log, Insert, Masonry
MLS #24017847
Lot Size0.23 Acres
StatusAccepting Backup Offers
(Contingent)

About 4048 Palmetto Dr

This is a spectacular find is located in the heart of the much desired Palomar Subdivision. This 4 bedroom and 2 1/2 bath home is waiting for you to make it your own! An impressive two story entry and formal living room makes a stunning first impression. Located steps away from all the amenities Palomar has to offer (2 pools, basketball courts, playground, tennis courts, pickleball courts and a sand volleyball court) It is like being on vacation all year round! Finishing the basement would be one way to build equity quickly! Step out onto the private patio that overlooks a large backyard! Walking distance to the new Publix and all the Fountains restaurants and shops!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1991
  • Stories: 2

Listing Office:

  • Office Name: Coldwell Banker McMahan
  • Office Phone: (859) 266-1800

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Flooring Type: Carpet, Laminate
  • Interior: Breakfast Bar, Dining Area, Entrance Foyer - 2 Story, Walk-In Closet(s)
  • Fireplace: Basement, Family Room, Gas Log, Insert, Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Paul Laurence Dunbar High School, Public District Grades 9-12
  • Beaumont Middle School, Public District Grades 6-8
  • Rosa Parks Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Harrodsburg Road to Palomar Blvd, right on Palmetto Drive, home is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $519,900

Tax Information:

  • Annual Amount: $3,270
  • 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

$322.8K

Med. Price/SqFt

$151

Avg. Days On Market

27

# of Sold Homes

249

4048 Palmetto Dr vs Lexington

68 DAYS ON ROCKET

+41 Days

$519,900

+$197K More

KEY TAKEAWAY

This property is $197K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24017847

Listing Office:

  • Office Name: Coldwell Banker McMahan
  • Office Phone: (859) 266-1800

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

Tax History

YEARPROP. TAXASSESSMENT
2020$3,270$288,200
2019$3,270$288,200
2018$3,270$288,200

History based on county public records data.

Payment Calculator

$2,662

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,625

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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.

Elementary School

school-card-donut-848881
8
/10

  • Rosa Parks Elementary School

  • 1251 Beaumont Centre Ln

  • 1.63 miles

  • Public District Grades KG-5

Middle School

school-card-donut-848882
5
/10

  • Beaumont Middle School

  • 2080 Georgian Way

  • 2.06 miles

  • Public District Grades 6-8

High School

school-card-donut-848883
6
/10

  • Paul Laurence Dunbar High School

  • 1600 Man O War Blvd

  • 0.97 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $99,299. Residents of Lexington, KY typically earn between $35k-100k each year. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4048 Palmetto Dr

What is the listing price of this property?

The listing price of 4048 Palmetto Dr property is $519,900.

What type of property is this?

The property 4048 Palmetto Dr is a house located in Lexington, Kentucky, 40513.

Is this property for sale now?

Accepting Backup Offers: 4048 Palmetto Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 4048 Palmetto Dr are:
Rosa Parks Elementary School: GreatSchools Rating 8/10
Beaumont Middle School: GreatSchools Rating 5/10
Paul Laurence Dunbar High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,270 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4048 Palmetto Dr has 4 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 4048 Palmetto Dr is 1991.

Rocket Homes›Kentucky›Fayette County›Lexington›40513›4048 Palmetto Dr

This home is located at 4048 Palmetto Dr in Lexington, KY and zip code 40513 in the Palomar Hills neighborhood. This home, which was built in 1991, sits on a 0.23 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 24, 2024 and is currently priced at $519,900.

In September 2024, from all listings sold in Lexington, KY there were more than 45 sold above asking price, over 140 sold below and more than 64 were sold right at the asked price. The number of listings in Lexington, KY decreased by 0.8% between August 2024 and September 2024. The median list price of listings available in September 2024 was $322,809, while the average time on the real estate market was 27 days.

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

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