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437 Severn Way, Lexington, KY, 40503

$390,000

Home List Price

$4,631*

Closing Credit

4 Bedrooms
2 Full Baths
House

Location

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437 Severn Way, Lexington$390,000

Buyer Closing Credits

$4,631*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1974
HeatingForced Air, Natural Gas
CoolingElectric
BasementYes
FireplaceFamily Room
MLS #24019346
Lot Size0.21 Acres
StatusActive

About 437 Severn Way

Beautifully maintained split foyer in popular Open Gates. Walk onto parquet flooring in the inviting foyer & head to the first floor which is mostly hardwood other than kitchen which has pergo flooring. This home has solid surface flooring throughout with lots of space plus updated fixtures. Kitchen features stainless appliances, granite counter tops & has updated cherry cabinets with a large built in pantry. French doors off of the dining room lead outside to the deck & nice, fenced yard with firepit. Large primary bedroom on first level has two closets & pocket door with access to the bathroom which has tiled floor & updated vanity. Two additional bedrooms on first level are large & have ceiling fans. The lower level features luxury vinyl flooring & a large family room area with a gas log brick fireplace that has a long hearth, decorative shiplap & a TV mount. Downstairs you will also find a nicely sized fourth bedroom with recessed lighting & ceiling plus TV mount as well as an updated full bath with tile flooring, high vanity & tiled shower with doors plus a large laundry room with tile floor. One car garage with workbench & additional storage plus walk up access to rear yard.

Property Details

Property Features

Property Information:

  • Architectural Style: Split Foyer
  • Year Built: 1974
  • Stories: 1

Listing Office:

  • Office Name: RE/MAX Creative Realty
  • Office Phone: (859) 422-2000

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood, Laminate, Tile, Vinyl
  • Interior: Bedroom First Floor, Ceiling Fan(s), Entrance Foyer, Primary First Floor
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Lafayette High School, Public Magnet Grades 9-12
  • Jessie M Clark Middle School, Public District Grades 6-8
  • Clays Mill Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Pasadena Dr. to Stone Rd., right onto Westerfield Way, take first left onto Severn Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $390,000

Tax Information:

  • Annual Amount: $1,756
  • 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

437 Severn Way vs Lexington

49 DAYS ON ROCKET

+22 Days

$390,000

+$67.1K More

KEY TAKEAWAY

This property is $67.1K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24019346

Listing Office:

  • Office Name: RE/MAX Creative Realty
  • Office Phone: (859) 422-2000

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, 9:20:52 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

Jan 05, 2021Home Sold
$235,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,756$176,800
2019$1,756$176,800
2018$1,778$176,800

History based on county public records data.

Payment Calculator

$2,014

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,236

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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-858185
10
/10

  • Clays Mill Elementary School

  • 2319 Clays Mill Rd

  • 1.07 miles

  • Public District Grades KG-5

Middle School

school-card-donut-858186
7
/10

  • Jessie M Clark Middle School

  • 3341 Clays Mill Rd

  • 1.05 miles

  • Public District Grades 6-8

High School

school-card-donut-858187
8
/10

  • Lafayette High School

  • 401 Reed Ln

  • 1.66 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,409. Residents of Lexington, KY typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 437 Severn Way

What is the listing price of this property?

The listing price of 437 Severn Way property is $390,000.

What type of property is this?

The property 437 Severn Way is a house located in Lexington, Kentucky, 40503.

Is this property for sale now?

Active Listing: 437 Severn Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 437 Severn Way are:
Clays Mill Elementary School: GreatSchools Rating 10/10
Jessie M Clark Middle School: GreatSchools Rating 7/10
Lafayette High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,756 (source: MLS/based on county public records data).

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

The last sale was on January 5, 2021 for $235,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 437 Severn Way has 4 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 437 Severn Way is 1974.

Rocket Homes›Kentucky›Fayette County›Lexington›40503›437 Severn Way

This home is located at 437 Severn Way in Lexington, KY and zip code 40503 in the Open Gates neighborhood. This home, which was built in 1974, sits on a 0.21 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $390,000.

Lexington, KY housing market in September 2024 saw over 45 listings sold above listed price, more than 64 sold at listed price and over 140 sold below. The inventory of homes for sale in Lexington, KY between August 2024 and September 2024 decreased by 0.8%. 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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