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431 W 3rd St, Lexington, KY, 40508

$1,695,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
3 Full Baths, 1 Partial
House

Location

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431 W 3rd St, Lexington$1,695,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Driveway
Year Built1892
HeatingNatural Gas, Steam, Zoned, Forced Air
CoolingElectric
BasementYes
FireplaceDining Room, Wood Burning, Primary Bedroom, Living Room, Kitchen, Great Room, Gas Log, Family Room
MLS #24024421
Lot Size0.50 Acres
StatusActive

About 431 W 3rd St

Grand Richardsonian Romanesque 3 story home with majestic stone & masonry arched entry & porte cochere on beautiful half acre located in historic Northside neighborhood. Seven bedrooms & 3 full &1 half baths. Soaring ceilings, beautiful hardwood flooring, grand staircase, gorgeous millwork, pocket doors, authenticated Bradbury & Bradbury wallcovering & period fixtures throughout. Updated baths, commercial gas stove/oven, marble kitchen, butler's pantry, expansive finished 3rd level has kitchenette & full bath. The Owners were passionate about the restoration and maintenance of their home, where they raised their family... It has been lovingly cared for & is ready for the next chapter. New shingle roof 2023, laundry on every level. Space above 2 car garage is waiting to be refinished... office, studio. Walk to everything downtown has to offer...shops, restaurants, Rupp Arena, the Farmers Market, the Opera House & the new Gatton Park on the Town Branch.

Property Details

Property Features

Property Information:

  • Year Built: 1892
  • Stories: 3

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Disposal, Gas Range, Oven, Washer, Refrigerator, Microwave, Dishwasher, Dryer
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: Dining Area, Entrance Foyer, Wet Bar, Walk-In Closet(s)
  • Fireplace: Dining Room, Wood Burning, Primary Bedroom, Living Room, Kitchen, Great Room, Gas Log, Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

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

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 431 W 3rd St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Main Street to right on Broadway, left on W. Third Street. Home is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,695,000
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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

431 W 3rd St vs Lexington

1 DAY ON ROCKET

-21 Days

$1,695,000

+$1.3M More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24024421

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, 3:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,148

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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-166497
1
/10

  • William Wells Brown Elementary School

  • 555 E Fifth St

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-166498
7
/10

  • Ashland Elementary School

  • 195 N Ashland Ave

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-166499
5
/10

  • Maxwell Spanish Immersion Elementary School

  • 301 Woodland Ave

  • 0.68 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,907. Typical income of Lexington, KY residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 431 W 3rd St

What is the listing price of this property?

The listing price of 431 W 3rd St property is $1,695,000.

What type of property is this?

The property 431 W 3rd St is a house located in Lexington, Kentucky, 40508.

Is this property for sale now?

Active Listing: 431 W 3rd St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 431 W 3rd St has 7 bedrooms and 3 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 431 W 3rd St is 1892.

Rocket Homes›Kentucky›Fayette County›Lexington›40508›431 W 3rd St

This home is located at 431 W 3rd St in Lexington, KY and zip code 40508 in the District 1 neighborhood. This home, which was built in 1892, sits on a 0.50 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $1,695,000.

Over 60 listings were sold over their listed price in October 2024 in Lexington, KY. In the same period over 160 listings were sold below the listed price and 59 listings were sold for the listed price. The inventory of homes for sale in Lexington, KY between September 2024 and October 2024 increased by 1.6%. The median list price of listings available in October 2024 was $324,770, while the average time on the real estate market was 22 days.

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

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